NORBIT And 6 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – NORBIT (NORBT.OL), BW LPG (BWLPG.OL), NORWEGIAN AIR SHUT (NAS.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)

35% sales growth and 21.94% 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. Norbit ASA was founded in 1995 and is headquartered in Trondheim, Norway.

Earnings Per Share

As for profitability, NORBIT has a trailing twelve months EPS of kr2.77.

PE Ratio

NORBIT has a trailing twelve months price to earnings ratio of 32.42. Meaning, the purchaser of the share is investing kr32.42 for every norwegian krone of annual earnings.

Return on Equity

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 21.94%.

Sales Growth

NORBIT’s sales growth is negative 3.5% for the present quarter and 35% for the next.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on May 7, 2024, the estimated forward annual dividend rate is 2.55 and the estimated forward annual dividend yield is 3.14%.

More news about NORBIT.

2. BW LPG (BWLPG.OL)

31.1% sales growth and 20.16% return on equity

BW LPG Limited, an investment holding company, engages in ship owning and chartering activities worldwide. The company operates through Shipping and Product Services segments. The company involved in the transportation of liquefied petroleum gas to oil companies, and trading and utility companies. It also offers integrated liquified petroleum gas (LPG) delivery services and support; wholesale and trade of LPG; and management services. It owns and operates LPG vessels and a fleet of very large gas carriers. The company was formerly known as BW Gas LPG Holding Limited and changed its name to BW LPG Limited in September 2013. BW LPG Limited was founded in 1935 and is headquartered in Singapore.

Earnings Per Share

As for profitability, BW LPG has a trailing twelve months EPS of kr39.13.

PE Ratio

BW LPG has a trailing twelve months price to earnings ratio of 4.07. Meaning, the purchaser of the share is investing kr4.07 for every norwegian krone of annual earnings.

Return on Equity

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 20.16%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on May 26, 2023, the estimated forward annual dividend rate is 39.9 and the estimated forward annual dividend yield is 33.62%.

More news about BW LPG.

3. NORWEGIAN AIR SHUT (NAS.OL)

27.8% sales growth and 37.41% return on equity

Norwegian Air Shuttle ASA, together with its subsidiaries, provides air travel services in Norway and internationally. It is also involved in aircraft financing, leasing, and ownership activities; and cargo activities. It operates a fleet of 87 aircrafts. Norwegian Air Shuttle ASA was founded in 1993 and is headquartered in Fornebu, Norway.

Earnings Per Share

As for profitability, NORWEGIAN AIR SHUT has a trailing twelve months EPS of kr1.59.

PE Ratio

NORWEGIAN AIR SHUT has a trailing twelve months price to earnings ratio of 6.47. Meaning, the purchaser of the share is investing kr6.47 for every norwegian krone of annual earnings.

Return on Equity

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 37.41%.

Volume

Today’s last reported volume for NORWEGIAN AIR SHUT is 2764500 which is 68.69% below its average volume of 8831030.

Sales Growth

NORWEGIAN AIR SHUT’s sales growth for the next quarter is 27.8%.

Moving Average

NORWEGIAN AIR SHUT’s worth is way under its 50-day moving average of kr11.65 and way below its 200-day moving average of kr13.27.

More news about NORWEGIAN AIR SHUT.

4. SPBK 1 ØSTLANDET (SPOL.OL)

21% sales growth and 12.18% return on equity

SpareBank 1 Østlandet provides various financial products and services to individuals, businesses, the public sector, clubs, and societies. The company operates through Retail, Corporate, and Organisation Market and Capital Market segments. The Retail segment provides financial services comprising of savings, money transfer, insurance, accident prevention, financing, money transfer, capital, and investment management services. The Corporate segment offers interest rate, currency hedging, and investment related services, as well as insurance services for property. The Organisation Market and Capital Market segment provides risk based advisory solutions to high-net-worth individuals and corporates, as well as engages in foreign currency services. SpareBank 1 Østlandet was founded in 1845 and is headquartered in Hamar, Norway. SpareBank 1 Østlandet operates as a subsidiary of Sparebankstiftelsen Hedmark.

Earnings Per Share

As for profitability, SPBK 1 ØSTLANDET has a trailing twelve months EPS of kr14.94.

PE Ratio

SPBK 1 ØSTLANDET has a trailing twelve months price to earnings ratio of 10.03. Meaning, the purchaser of the share is investing kr10.03 for every norwegian krone of annual earnings.

Return on Equity

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 12.18%.

Yearly Top and Bottom Value

SPBK 1 ØSTLANDET’s stock is valued at kr149.92 at 17:20 EST, above its 52-week high of kr147.00.

Moving Average

SPBK 1 ØSTLANDET’s value is above its 50-day moving average of kr137.20 and way higher than its 200-day moving average of kr129.82.

More news about SPBK 1 ØSTLANDET.

5. SPAREBANK 1 SMN (MING.OL)

14.4% sales growth and 15.64% return on equity

SpareBank 1 SMN, together with its subsidiaries, provides various banking, accounting, and real estate products and services to private individuals and companies in Norway and internationally. The company offers mortgage, vehicle, green, move, consumer and other loans; refinancing; and placement, group, savings, business, group, tax deduction, currency, and deposit accounts. It also provides BSU house savings for young people; fixed interest deposits; savings and investments; cash services; and payments. In addition, the company offers car, home, personal, animal, vehicle, and travel insurance services; property buying and selling advisory services; and mobile and online banking, and various cards. Further, it offers loans for car, vehicles, and trailers, bank guarantees, business and construction loans, operating credit for agriculture, factoring, leasing, and overdrafts; various pension products; and business and personal insurance products. Additionally, the company provides documentary collection, letter of credit, forward contracts, and foreign currency account services; and accounting, HR services, taxes and duties, transactional advice, and IT solutions services. It offers money transfer, capital and investment management, advisory, interest rate and currency hedging, and investment of surplus liquidity services. SpareBank 1 SMN was founded in 1823 and is headquartered in Trondheim, Norway.

Earnings Per Share

As for profitability, SPAREBANK 1 SMN has a trailing twelve months EPS of kr17.98.

PE Ratio

SPAREBANK 1 SMN has a trailing twelve months price to earnings ratio of 8.88. Meaning, the purchaser of the share is investing kr8.88 for every norwegian krone of annual earnings.

Return on Equity

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 15.64%.

Sales Growth

SPAREBANK 1 SMN’s sales growth is 18.1% for the present quarter and 14.4% for the next.

More news about SPAREBANK 1 SMN.

6. PERNOD RICARD (RI.PA)

7.9% sales growth and 12.18% return on equity

Pernod Ricard SA produces and sells wines and spirits worldwide. The company offers whiskey, vodka, gin, rum, liqueur and bitters, champagne, tequila and mezcal, and aperitif under the brands 100 Pipers, Aberlour, Absolut, Absolut Elyx, Altos, ARARAT, Augier, Avion, Ballantine's, Becherovka, Beefeater, Blenders Pride, Brancott Estate, Campo Viejo, Ceder's, Chivas, Church Road, Clan Campbell, Del Maguey, George Wyndham, Green Spot, Havana Club, Imperial, Imperial Blue, Italicus, J.P. Wiser's, Jacob's Creek, Jameson, Jefferson's, Kahlúa, Kenwood, KI NO BI, Lillet, Long John, L'Orbe, Lot No. 40, Malfy, Malibu, Martell, Method & Madness, Midleton Very Rare, Minttu, Monkey 47, Mumm, Olmeca, Ostoya, Passport Scotch, Pastis 51, Pernod, Perrier-Jouët, Plymouth Gin, Powers, Rabbit Hole, Ramazzotti, Redbreast, Ricard, Royal Salute, Royal Stag, Scapa, Seagram's Gin, Secret Speyside, Smooth Ambler, Something Special, St Hugo, Stoneleigh, Suze, The Glenlivet, TX, Wyborowa, and Ysios. It also provides non-alcoholic beverages under the brands Ceder's, Suze Tonic 0%, Cinzano Spritz 0%, Pacific, Campo Viejo Sparkling 0%, and Jacob's Creek Unvined. Pernod Ricard SA was founded in 1805 and is headquartered in Paris, France.

Earnings Per Share

As for profitability, PERNOD RICARD has a trailing twelve months EPS of €8.04.

PE Ratio

PERNOD RICARD has a trailing twelve months price to earnings ratio of 18.65. Meaning, the purchaser of the share is investing €18.65 for every euro of annual earnings.

Return on Equity

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 12.18%.

More news about PERNOD RICARD.

7. SATS (SATS.OL)

6.5% sales growth and 24.17% return on equity

Sats ASA provides fitness and training services in Norway, Sweden, Denmark, and Finland. It offers sportswear, fitness gear, bars, and energy drinks. The company operates fitness clubs under the SATS, ELIXIA, Fresh Fitness, and SATSYoga brand names. Sats ASA was founded in 1995 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, SATS has a trailing twelve months EPS of kr1.16.

PE Ratio

SATS has a trailing twelve months price to earnings ratio of 15.03. Meaning, the purchaser of the share is investing kr15.03 for every norwegian krone of annual earnings.

Return on Equity

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 24.17%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 7.7%, now sitting on 4.83B for the twelve trailing months.

More news about SATS.

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