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

(VIANEWS) – NORBIT (NORBT.OL), NORSKE SKOG (NSKOG.OL), SALMAR (SALM.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 22.97% 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 31.7. Meaning, the purchaser of the share is investing kr31.7 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 22.97%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter is a negative 33.9% and positive 221.6% 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 2.93%.

Yearly Top and Bottom Value

NORBIT’s stock is valued at kr87.80 at 17:20 EST, under its 52-week high of kr95.90 and way higher than its 52-week low of kr48.00.

More news about NORBIT.

2. NORSKE SKOG (NSKOG.OL)

32.1% sales growth and 8.63% return on equity

Norske Skog ASA engages in the production and sale of publication and packaging paper products in Norway, rest of Europe, North America, Australasia, Asia, and Africa. It operates in Publication paper Europe, Publication paper Australasia, and Packaging paper segments. The company offers newsprint paper products comprising standard newsprint and other papers; magazine papers, including super calendared and lightweight coated papers; and recycled containerboards. Its products are primarily used in newspapers and magazines, periodicals, catalogues, brochures, advertising materials, inserts/flyers, supplements, free-sheets, directories, direct mail, and books. Norske Skog ASA was founded in 1962 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, NORSKE SKOG has a trailing twelve months EPS of kr5.72.

PE Ratio

NORSKE SKOG has a trailing twelve months price to earnings ratio of 5.63. Meaning, the purchaser of the share is investing kr5.63 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 8.63%.

Yearly Top and Bottom Value

NORSKE SKOG’s stock is valued at kr32.18 at 17:20 EST, way under its 52-week high of kr46.78 and above its 52-week low of kr31.24.

Revenue Growth

Year-on-year quarterly revenue growth declined by 12.6%, now sitting on 10.77B for the twelve trailing months.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is a negative 123% and a negative 109.9%, respectively.

Moving Average

NORSKE SKOG’s value is way under its 50-day moving average of kr37.03 and way below its 200-day moving average of kr38.23.

More news about NORSKE SKOG.

3. SALMAR (SALM.OL)

10.5% sales growth and 17.68% return on equity

SalMar ASA, an aquaculture company, produces and sells farmed salmon in Asia, North America, Europe, and internationally. The company operates through Fish Farming Central Norway, Fish Farming Northern Norway, Icelandic Salmon, Sales & Industry, and SalMar Aker Ocean segments. It is involved in the broodstock, harvesting, processing, and smolt production activities. In addition, the company offers fish fillets and related products. SalMar ASA was founded in 1991 and is headquartered in Kverva, Norway.

Earnings Per Share

As for profitability, SALMAR has a trailing twelve months EPS of kr27.3.

PE Ratio

SALMAR has a trailing twelve months price to earnings ratio of 20.22. Meaning, the purchaser of the share is investing kr20.22 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 17.68%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Jun 7, 2024, the estimated forward annual dividend rate is 35 and the estimated forward annual dividend yield is 6.17%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 272.3% and 45.3%, respectively.

More news about SALMAR.

4. PROTECTOR FORSIKRG (PROT.OL)

8.1% sales growth and 31.31% return on equity

Protector Forsikring ASA, operates as a non-life insurance company, provides various insurance products to the commercial and public sectors, and the grouped insurance schemes 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 insurance, including personal and collective accident, critical illness, group life, health, and travel insurance; motor insurance; property insurance; and liability insurance. It sells its products through insurance brokers and agents. 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 kr16.55.

PE Ratio

PROTECTOR FORSIKRG has a trailing twelve months price to earnings ratio of 14.65. Meaning, the purchaser of the share is investing kr14.65 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 31.31%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 32.4%, now sitting on 11.18B for the twelve trailing months.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter is 3564.3% and a drop 48.2% for the next.

More news about PROTECTOR FORSIKRG.

5. SPBK1 ØSTFOLD AKE (SOAG.OL)

7.3% sales growth and 12.1% return on equity

SpareBank 1 Østfold Akershus, a savings bank, provides various banking products and services. The company offers savings, operating, tax deduction, deposit, placement, and currency accounts; and savings and investment products. It also provides consumer, construction, repayment, boat, motorcycle, and car loans; operating credit products; bank guarantees; operating credit for agriculture; mortgage products; leasing and factoring services. In addition, the company offers various insurance products, such as vehicle, house and travel, personal, animal, liability, work machine, interruption, condominium, cyber, movable property, commercial building, project, transport, crime, bus, group life, health, leisure accident, occupational injury, accident insurance children, and sick pay insurance products; and pension products. Further, it provides credit, municipal payment, and other bank cards; payment terminal, debt collection, and document collection services; bonds, forwards, and currency options; invoice automatic, eGiro/Cremul, KID invoice, and OCR and eGiro payment services; and mobile and online banking services. SpareBank 1 Østfold Akershus was founded in 1835 and is headquartered in Moss, Norway.

Earnings Per Share

As for profitability, SPBK1 ØSTFOLD AKE has a trailing twelve months EPS of kr38.27.

PE Ratio

SPBK1 ØSTFOLD AKE has a trailing twelve months price to earnings ratio of 9.15. Meaning, the purchaser of the share is investing kr9.15 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 12.1%.

Yearly Top and Bottom Value

SPBK1 ØSTFOLD AKE’s stock is valued at kr350.00 at 17:20 EST, above its 52-week high of kr343.00.

More news about SPBK1 ØSTFOLD AKE.

6. SKUE SPAREBANK (SKUE.OL)

6% sales growth and 9.61% return on equity

Skue Sparebank provides various banking products and services for individual and business in Norway. The company offers operating, tax deduction, capital, client, deposit, and group accounts; business, construction, consumer, car, other vehicle, and small loans, as well as mortgage, bank guarantee, factoring, overdraft, and leasing services; and home and leisure, car and other vehicles, animal, company and employees, agriculture insurance products. It also provides savings and pension products; and online and mobile banking, bank card, and payment services. The company was formerly known as Nes Prestegjelds Sparebank and changed its name to Skue Sparebank in October 2013. Skue Sparebank was founded in 1842 and is based in Geilo, Norway.

Earnings Per Share

As for profitability, SKUE SPAREBANK has a trailing twelve months EPS of kr102.59.

PE Ratio

SKUE SPAREBANK has a trailing twelve months price to earnings ratio of 2.41. Meaning, the purchaser of the share is investing kr2.41 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 9.61%.

Volume

Today’s last reported volume for SKUE SPAREBANK is 1990 which is 465.34% above its average volume of 352.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Mar 21, 2024, the estimated forward annual dividend rate is 17 and the estimated forward annual dividend yield is 6.85%.

Sales Growth

SKUE SPAREBANK’s sales growth is 33.3% for the ongoing quarter and 6% for the next.

More news about SKUE SPAREBANK.

7. IMCD (IMCD.AS)

5.4% sales growth and 16.47% return on equity

IMCD N.V. distributes, markets, and sells specialty chemicals and ingredients in the Netherlands, rest of Europe, the Middle East, Africa, North America, South America, and the Asia-Pacific. The company provides adhesives, core materials, filler reinforcements, flame retardants, masterbatch, modifiers, operating materials, pigments, plasticizers, processing aids, PUR raw materials, rubber elastomers, solvents, stabilizers, thermoplastic elastomers, thermoplastics, thermoplastics, and other additives. It offers actives, UV sunscreens, rheology modifiers, thickeners, surfactants, emulsifiers, emollients, film formers, humectants, waxes, conditioners, hair styling polymers, solvent, solubilizers, pigments, pearls, powders and colorants, opacifiers, pearlizers, preservatives, antioxidants, fragrances, and essential oils. In addition, the company provides functional fillers, pigments, resins, and specialty solvents; taste, texture, nutrition, and function; and abrasives, acids, alkalines, anti-soil redeposition and foam control systems, bio-actives, biocides, bittering and bleaching agents, builders, capsules, chelating agents, concentrates/ready-to-use, corrosion and dye transfer inhibitors, disintegrants, dispersants, emulsifiers, enzymes, fluorinated polymers, oleo chemicals, optical brighteners, perfumes, dyes, phosphates, plasticisers, proteins, rheology modifiers and thickeners, silicones, solvents/diluents, TAED, UV-filters, and waxes. Further, it offers base oils; lubricants addictive; lubricants finished fluids; fuel additives; solvents, degreasers, and fuel compounds; and upstream, midstream, and downstream oil, gas, and energy. IMCD N.V. was founded in 1995 and is headquartered in Rotterdam, the Netherlands.

Earnings Per Share

As for profitability, IMCD has a trailing twelve months EPS of €4.92.

PE Ratio

IMCD has a trailing twelve months price to earnings ratio of 30.79. Meaning, the purchaser of the share is investing €30.79 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 16.47%.

Moving Average

IMCD’s value is higher than its 50-day moving average of €146.23 and higher than its 200-day moving average of €145.20.

More news about IMCD.

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