NORBIT And 7 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – NORBIT (NORBT.OL), TOTENS SPAREBANK (TOTG.OL), J.MARTINS,SGPS (JMT.LS) 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)

33.5% sales growth and 19.45% return on equity

NORBIT ASA provides technology products and solutions. It operates through three segments: Oceans, Connectivity, and Product Innovation and Realization. The company designs and develops wideband multibeam sonars used for hydrographic and forward-looking applications, as well as for detection of advanced subsea leakage; and provides cable assemblies, electromechanical box builds, and business solutions. It also offers sensors and sensor platforms used for monitoring, detection, and reporting tasks; GuardPoint, a surveillance sonar used to detect underwater intruders; SafePoint that use to detect navigational obstacles; NORTrace, a software that simulates and graphs the underwater propagation of various sonar; SeaCOP software system for monitoring, detection, and emergency response for maritime and offshore operations; and security solutions for defense. In addition, the company provides high power underwater lights, power cabinets, and other sensor solutions for aquaculture industry. Further, it offers dedicated short-range communication (DSRC) technology for intelligent traffic systems and truck applications; global navigation satellite systems-based tolling and DSRC devices, and connectivity modules for smart tachographs; desktop readers; roadside units; and reclosable fasteners. The company was founded in 1980 and is headquartered in Trondheim, Norway.

Earnings Per Share

As for profitability, NORBIT has a trailing twelve months EPS of kr1.34.

PE Ratio

NORBIT has a trailing twelve months price to earnings ratio of 27.54. Meaning, the purchaser of the share is investing kr27.54 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 19.45%.

Volume

Today’s last reported volume for NORBIT is 13099 which is 61.05% below its average volume of 33635.

More news about NORBIT.

2. TOTENS SPAREBANK (TOTG.OL)

22.5% sales growth and 10.47% return on equity

Totens Sparebank provides various banking and financial products and services in Norway. The company offers savings and pension products; business and construction loans; leasing; overdrafts and bank guarantees; liability, business, data attack, property damage, craftsman, health, homeowners, collective, personnel, travel, occupational injury, agriculture, and vehicle insurance; and business and credit cards. It also provides online and mobile banking services; payment solutions; asset management; and real estate services. The company operates through five offices located in Lena, Raufoss, Gjøvik, Hamar, and Råholt. Totens Sparebank was founded in 1854 and is headquartered in Lena, Norway.

Earnings Per Share

As for profitability, TOTENS SPAREBANK has a trailing twelve months EPS of kr14.84.

PE Ratio

TOTENS SPAREBANK has a trailing twelve months price to earnings ratio of 14.15. Meaning, the purchaser of the share is investing kr14.15 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 10.47%.

Yearly Top and Bottom Value

TOTENS SPAREBANK’s stock is valued at kr210.00 at 02:20 EST, way under its 52-week high of kr264.00 and way above its 52-week low of kr182.00.

Volume

Today’s last reported volume for TOTENS SPAREBANK is 209 which is 48.64% below its average volume of 407.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Apr 1, 2022, the estimated forward annual dividend rate is 10 and the estimated forward annual dividend yield is 4.59%.

More news about TOTENS SPAREBANK.

3. J.MARTINS,SGPS (JMT.LS)

21.9% sales growth and 24.27% return on equity

Jerónimo Martins, SGPS, S.A. operates in the food distribution and specialized retail sectors in Portugal, Poland, and Colombia. The company operates through Portugal Retail; Portugal Cash & Carry; Poland Retail; Colombia Retail; and Others, Eliminations and Adjustments segments. It operates 3,250 food stores under the Biedronka name; and a chain of 290 health and beauty stores under the Hebe banner in Poland, as well as 819 food stores under the Ara name in Colombia. The company also operates 460 supermarkets under the Pingo Doce banner; and 38 stores and 4 platforms under the Recheio name in Portugal. In addition, it operates restaurants under the Pingo Doce name; Bem-Estar stores; and petrol stations and clothing under Code brand. Further, the company operates 20 kiosks and coffee shops under the Jeronymo name; and 21 chocolates and confectionary retail stores under Hussel name. Additionally, the company engages in human resources top management, real estate management and administration, training, and saline brackish waters aquaculture; wholesale of fruit and vegetables; retail management, consultancy, and logistics activities; the purchase and sale of real estate; growing of crops and farming of animals; retail sale of health and beauty products; manufacture of milk and dairy products; and provision of economic and accounting, business portfolio management, financial, and sea passenger water transport services. It is also involved in the trading and distribution of consumer goods; retail and wholesale of non-food products; other business support service activities; and provision of services in the area of wholesale and retail distribution. The company was founded in 1792 and is headquartered in Lisbon, Portugal. Jerónimo Martins, SGPS, S.A. is a subsidiary of Sociedade Francisco Manuel dos Santos, SGPS, S.E.

Earnings Per Share

As for profitability, J.MARTINS,SGPS has a trailing twelve months EPS of €0.52.

PE Ratio

J.MARTINS,SGPS has a trailing twelve months price to earnings ratio of 38.29. Meaning, the purchaser of the share is investing €38.29 for every euro 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 24.27%.

Moving Average

J.MARTINS,SGPS’s value is below its 50-day moving average of €20.17 and below its 200-day moving average of €20.64.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 40.9% and 18.8%, respectively.

Yearly Top and Bottom Value

J.MARTINS,SGPS’s stock is valued at €19.95 at 02:20 EST, way below its 52-week high of €23.30 and way above its 52-week low of €17.67.

Volume

Today’s last reported volume for J.MARTINS,SGPS is 424084 which is 43.6% below its average volume of 752025.

More news about J.MARTINS,SGPS.

4. SPAREBANKEN ØST (SPOG.OL)

20.9% sales growth and 6.25% return on equity

Sparebanken Øst operates as a savings bank in Eastern Norway. The company offers financial products, such as savings, credit, and payment products; mortgages on homes; and debenture financing for second-hand cars, as well as services in the areas of financing, savings and investment, and money-transfer. It also distributes insurance, fund shares, interest rate hedging, and currency, as well as operates, manages, leases, and sells real estate properties. The company was founded in 1843 and is headquartered in Drammen, Norway.

Earnings Per Share

As for profitability, SPAREBANKEN ØST has a trailing twelve months EPS of kr6.62.

PE Ratio

SPAREBANKEN ØST has a trailing twelve months price to earnings ratio of 6.72. Meaning, the purchaser of the share is investing kr6.72 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 6.25%.

Moving Average

SPAREBANKEN ØST’s value is under its 50-day moving average of kr49.18 and under its 200-day moving average of kr48.76.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Mar 25, 2022, the estimated forward annual dividend rate is 3.85 and the estimated forward annual dividend yield is 7.86%.

More news about SPAREBANKEN ØST.

5. FRØY (FROY.OL)

14% sales growth and 10.16% return on equity

Frøy ASA provides integrated service to the aquaculture industry in Norway. The company offers wellboat services, sea freight, de-lice and treatment, mooring and laying, ring washing and cage services, net washing and mending, inspection and certification, bottom mapping and documentation, slep, diving and ROV, and control system. It owns and operates 18 wellboats, 60 aqua service vessels, 3 feed transport vessels, and 13 local offices along the Norwegian coast. The company was founded in 2019 and is headquartered in Sistranda, Norway.

Earnings Per Share

As for profitability, FRØY has a trailing twelve months EPS of kr4.77.

PE Ratio

FRØY has a trailing twelve months price to earnings ratio of 12.56. Meaning, the purchaser of the share is investing kr12.56 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 10.16%.

Moving Average

FRØY’s worth is under its 50-day moving average of kr60.27 and way above its 200-day moving average of kr48.08.

Volume

Today’s last reported volume for FRØY is 45997 which is 74.87% below its average volume of 183075.

More news about FRØY.

6. TOMRA SYSTEMS (TOM.OL)

12.1% sales growth and 17.2% return on equity

Tomra Systems ASA provides sensor-based solutions for optimal resource productivity worldwide. It operates through three divisions: Collection, Recycling Mining, and Food. The Collection division engages in the development, production, sale, and service of reverse vending machines and related data management systems. This segment is also involved in picking up, transporting, and processing empty beverage containers on behalf of beverage producers/fillers. The Recycling Mining division offers sorting systems for waste and metal material streams; and ore sorting systems for the mining industry. The Food Solutions division provides post-harvest grading and sorting solutions for fresh produce; and sorting and processing technology for the processed food industries. The company was founded in 1972 and is headquartered in Asker, Norway.

Earnings Per Share

As for profitability, TOMRA SYSTEMS has a trailing twelve months EPS of kr6.18.

PE Ratio

TOMRA SYSTEMS has a trailing twelve months price to earnings ratio of 27.06. Meaning, the purchaser of the share is investing kr27.06 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 17.2%.

Moving Average

TOMRA SYSTEMS’s worth is under its 50-day moving average of kr173.88 and way under its 200-day moving average of kr188.32.

Yearly Top and Bottom Value

TOMRA SYSTEMS’s stock is valued at kr167.24 at 02:20 EST, way below its 52-week high of kr250.35 and way above its 52-week low of kr151.00.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 33.3% and 40%, respectively.

Volume

Today’s last reported volume for TOMRA SYSTEMS is 241824 which is 31.67% below its average volume of 353923.

More news about TOMRA SYSTEMS.

7. WEBSTEP (WSTEP.OL)

11.6% sales growth and 11.66% return on equity

Webstep ASA, together with its subsidiaries, provides information technology (IT) consultancy services to public and private businesses in Norway and Sweden. The company offers digitalization, cloud migration and integration, Internet of Things, machine learning, IT security, robotics, and analytics. Its services include consulting, digitalization, .Net, Java, open source, full stack, front and back end, user experience, integration, mobility, cloud apps, machine learning, business intelligence, big data, data warehousing, virtual robotics, Devops, application service management, and data science services; and cloud computing, cloud services, integration, sensor technology, product and service development, Beacons, enterprise user experience, web analysis, design team, Amazon Web, Azure, prediction, AI, mobility predictive modelling, predictive modelling, hackathon, business analysis, and search engine optimization services. The company serves banking, finance and insurance, public administration, agriculture and food production, IT and telecommunication, commerce, and transportation industries. The company was founded in 2000 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, WEBSTEP has a trailing twelve months EPS of kr1.38.

PE Ratio

WEBSTEP has a trailing twelve months price to earnings ratio of 19.46. Meaning, the purchaser of the share is investing kr19.46 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 11.66%.

More news about WEBSTEP.

8. SPAREBANK 1 SMN (MING.OL)

9.7% sales growth and 11.54% 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, car, boat, other vehicles, and consumer loans; refinancing; and current, savings, billing, business, group, tax deduction, currency, and deposit accounts. It also provides BSU house savings for young people; fixed interest deposits; stocks and investments; cash services; and payments. In addition, the company offers vehicle, housing and travel, person, animal, and valuables insurance services; property buying and selling advisory services; and mobile and online banking, and various cards. Further, it offers loans and financing, including bank guarantees, business and construction loans, operating credit for agriculture, factoring, guarantees, leasing, and overdrafts; various pension products; and business and personal insurance products. Additionally, the company provides document collection, letter of credit, future business, and currency option services; and services, including accounting and payroll, HR, taxes and duties, and transfer of ownership, as well as IT solutions. It offers real estate agency, advisory, and external and equity financing 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 kr8.87.

PE Ratio

SPAREBANK 1 SMN has a trailing twelve months price to earnings ratio of 13.46. Meaning, the purchaser of the share is investing kr13.46 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 11.54%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 33.3%, now sitting on 5.95B for the twelve trailing months.

Yearly Top and Bottom Value

SPAREBANK 1 SMN’s stock is valued at kr119.40 at 02:20 EST, way under its 52-week high of kr145.80 and way higher than its 52-week low of kr107.60.

More news about SPAREBANK 1 SMN.

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