NORBIT And 3 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – NORBIT (NORBT.OL), MELHUS SPAREBANK (MELG.OL), WILH. WILHELMSEN A (WWI.OL) are the highest sales growth and return on equity stocks on this list.

Here is a list of stocks with an above 5% expected next quarter sales growth, and a 3% or higher return on equity. May these stocks be a good medium-term investment option?

1. NORBIT (NORBT.OL)

22% sales growth and 24.78% return on equity

Norbit ASA provides technology products and solutions. It operates through Oceans, Connectivity, and Product Innovation and Realization segments. The company offers multibeam sonar systems, including integrated bathymetric systems, bathymetry systems, advanced monitoring systems for dredging, construction and renewables, forward looking wide area imaging, advanced imaging systems for obstacle avoidance/MCM, and above water laser products under the NORBIT WINGHEAD, NORBIT WBMS, NORBIT NORdredge, and NORBIT FLS names; customized cable assemblies, electromechanical box builds, and operational solutions; SeaCOP, a sensor integration platform and user interface common operational picture for emergency response; SECurus provides thermal and daylight stabilized camera solutions; SeaView, which offers thermal and daylight, pan, tilt, and zoom for environmental monitoring, and security and general surveillance; and SeaDarQ, a radar processing solution. It also provides sensing solutions for detecting threats at sea plus waterside security above and below the surface; FCL600, an underwater light solution for aquaculture industry; iData, which offers vehicle monitoring, telematics services, and fleet management for asset and vehicle management; and dedicated short-range communication technology for traffic system and vehicle application. In addition, the company offers research and development services, and contract manufacturing to industrial customers; and sells products based on proprietary technology, including special instrumentation n based on radar, radio frequency, and embedded signal processing technology. The company was founded in 1995 and is headquartered in Trondheim, Norway.

Earnings Per Share

As for profitability, NORBIT has a trailing twelve months EPS of kr2.49.

PE Ratio

NORBIT has a trailing twelve months price to earnings ratio of 22.81. Meaning, the purchaser of the share is investing kr22.81 for every norwegian krone of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 24.78%.

Moving Average

NORBIT’s value is higher than its 50-day moving average of kr53.96 and way higher than its 200-day moving average of kr38.08.

Revenue Growth

Year-on-year quarterly revenue growth grew by 60.2%, now sitting on 1.31B for the twelve trailing months.

More news about NORBIT.

2. MELHUS SPAREBANK (MELG.OL)

16.5% sales growth and 8.79% return on equity

Melhus Sparebank, a savings bank, provides various banking products and services to companies, agriculture customers, and private individuals in Norway. The company offers savings accounts; construction and business loans; bank guarantee, overdraft, and leasing services; and credit and bank cards. It also provides various insurance products for liability, health, personnel, occupational injury, travel, accident, business, store, data attack, property damage, craftsman, homeowners, office, vehicle, and farms; savings and pension products; payment services; and online and mobile banking services. The company operates through branch offices in central Trondheim, Heimdal, Ler, and Korsvegen. Melhus Sparebank was founded in 1840 and is headquartered in Melhus, Norway.

Earnings Per Share

As for profitability, MELHUS SPAREBANK has a trailing twelve months EPS of kr13.62.

PE Ratio

MELHUS SPAREBANK has a trailing twelve months price to earnings ratio of 11.6. Meaning, the purchaser of the share is investing kr11.6 for every norwegian krone of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 8.79%.

Volume

Today’s last reported volume for MELHUS SPAREBANK is 35 which is 88.05% below its average volume of 293.

Revenue Growth

Year-on-year quarterly revenue growth grew by 20.1%, now sitting on 256.82M for the twelve trailing months.

More news about MELHUS SPAREBANK.

3. WILH. WILHELMSEN A (WWI.OL)

15.7% sales growth and 7.53% return on equity

Wilh. Wilhelmsen Holding ASA provides maritime products and services in Europe, the Oceania, Asia and Africa, and the Americas. It operates through three segments: Maritime Services, New Energy, and Strategic Holdings and Investments. The company offers marine products, including Nalfleet water treatment products to treat and protect on board systems; Unitor chemicals and equipment to clean vessels; Unicool refrigerants; Timm ropes for the maritime industry; Unitor fuel treatment chemicals; Unitor equipment for the maintenance and performance vessels; Unitor cylinders; marine specialty lubricants; and Unitor oil spill equipment and products, and sorbents and booms. It also provides ship agency services to the merchant fleet, as well as ship management services, including manning for various vessels. The company also engages in the operation of supply bases for the offshore industry; development and operation of real estate properties on and off the supply bases; and maintenance of rigs and handling of logistics related to international pipeline projects and windmill parks. Further, it offers technical and crew management services for the offshore wind market, and digital solutions for the shipping industry. Wilh. Wilhelmsen Holding ASA also provides marine and non-marine insurance services; and investment, port, and infrastructure and supply solutions. The company was founded in 1861 and is headquartered in Lysaker, Norway. Wilh. Wilhelmsen Holding ASA is a subsidiary of Tallyman AS.

Earnings Per Share

As for profitability, WILH. WILHELMSEN A has a trailing twelve months EPS of kr51.77.

PE Ratio

WILH. WILHELMSEN A has a trailing twelve months price to earnings ratio of 5.29. Meaning, the purchaser of the share is investing kr5.29 for every norwegian krone of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 7.53%.

Sales Growth

WILH. WILHELMSEN A’s sales growth is 2.4% for the current quarter and 15.7% for the next.

Revenue Growth

Year-on-year quarterly revenue growth grew by 12.9%, now sitting on 973M for the twelve trailing months.

Volume

Today’s last reported volume for WILH. WILHELMSEN A is 2751 which is 73.36% below its average volume of 10329.

More news about WILH. WILHELMSEN A.

4. PROTECTOR FORSIKRG (PROT.OL)

15.2% sales growth and 37.86% return on equity

Protector Forsikring ASA, a general insurance company, provides various insurance products to the commercial and public sectors, and the affinity insurance markets in Norway, Denmark, Sweden, the United Kingdom, and Finland. It operates in Commercial Lines of Business and Public Lines of Business segments. The company offers personal, motor, property, liability, and change of ownership insurance. It sells its products to non-marine industries through insurance brokers. Protector Forsikring ASA was founded in 2003 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, PROTECTOR FORSIKRG has a trailing twelve months EPS of kr15.19.

PE Ratio

PROTECTOR FORSIKRG has a trailing twelve months price to earnings ratio of 10.95. Meaning, the purchaser of the share is investing kr10.95 for every norwegian krone of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 37.86%.

Volume

Today’s last reported volume for PROTECTOR FORSIKRG is 15994 which is 80.71% below its average volume of 82939.

Moving Average

PROTECTOR FORSIKRG’s value is higher than its 50-day moving average of kr162.13 and way higher than its 200-day moving average of kr140.43.

More news about PROTECTOR FORSIKRG.

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