(VIANEWS) – NORWEGIAN AIR SHUT (NAS.OL), SPAREBANKEN VEST (SVEG.OL), AZERION (AZRN.AS) 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. 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 6.69. Meaning, the purchaser of the share is investing kr6.69 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%.
Yearly Top and Bottom Value
NORWEGIAN AIR SHUT’s stock is valued at kr10.63 at 17:20 EST, way under its 52-week high of kr18.40 and way higher than its 52-week low of kr7.69.
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2. SPAREBANKEN VEST (SVEG.OL)
18.1% sales growth and 18.33% return on equity
Sparebanken Vest, a financial services company, provides banking and financing services in the counties of Vestland and Rogaland, Norway. The company operates through Corporate Market, Retail Market, Bulder Bank, Treasury, and Estate Agency Activities segments. It is also involved in home mortgage activities. Sparebanken Vest was founded in 1823 and is headquartered in Bergen, Norway.
Earnings Per Share
As for profitability, SPAREBANKEN VEST has a trailing twelve months EPS of kr15.11.
PE Ratio
SPAREBANKEN VEST has a trailing twelve months price to earnings ratio of 8.37. Meaning, the purchaser of the share is investing kr8.37 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 18.33%.
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3. AZERION (AZRN.AS)
10.7% sales growth and 22.92% return on equity
Azerion Group N.V. operates a digital entertainment and media platform in the Netherlands, Germany, France, Great Britain, Ireland, Italy, other Nordic and European countries, the United States, the United Arab Emirates, and internationally. The company operates in two segments, Platform and Premium Games. Its integrated platform offers technology solutions to automate the purchase and sale of digital advertising inventory for advertisers, publishers, and game creators, as well as to develop, publish, distribute, and operate online social and casual games, and digital content. The company also operates Hawk, a digital advertising technology platform. Azerion Group N.V. was founded in 2013 and is headquartered in Schiphol-Rijk, the Netherlands.
Earnings Per Share
As for profitability, AZERION has a trailing twelve months EPS of €0.14.
PE Ratio
AZERION has a trailing twelve months price to earnings ratio of 9.79. Meaning, the purchaser of the share is investing €9.79 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 22.92%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 13.7%, now sitting on 538.7M for the twelve trailing months.
Yearly Top and Bottom Value
AZERION’s stock is valued at €1.37 at 17:20 EST, way below its 52-week high of €2.72 and higher than its 52-week low of €1.27.
Moving Average
AZERION’s worth is way below its 50-day moving average of €1.56 and way below its 200-day moving average of €1.71.
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4. KID (KID.OL)
7.5% sales growth and 29.84% return on equity
Kid ASA, together with its subsidiaries, operates as a home textile retailer in Norway, Sweden, Finland, and Estonia. It designs, sources, markets, and sells a range of home and interior products, including textiles, curtains, bed linens, home accessories, decorations, furniture, and other interior products through retail stores and online platforms. The company provides its products under the Kid, Hemtex, Dekosol, Nordun, and Premium Collection brands. It also offers logistics services. The company was formerly known as Nordisk Tekstil Holding AS and changed its name to Kid ASA. Kid ASA was founded in 1937 and is headquartered in Lier, Norway.
Earnings Per Share
As for profitability, KID has a trailing twelve months EPS of kr8.94.
PE Ratio
KID has a trailing twelve months price to earnings ratio of 16.22. Meaning, the purchaser of the share is investing kr16.22 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 29.84%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on May 21, 2024, the estimated forward annual dividend rate is 9.25 and the estimated forward annual dividend yield is 6.05%.
Sales Growth
KID’s sales growth is 10.2% for the ongoing quarter and 7.5% for the next.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 30% and 9.9%, respectively.
Moving Average
KID’s worth is above its 50-day moving average of kr139.54 and higher than its 200-day moving average of kr134.72.
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5. SKUE SPAREBANK (SKUE.OL)
6% sales growth and 10.19% 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 2.34. Meaning, the purchaser of the share is investing kr2.34 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 10.19%.
Yearly Top and Bottom Value
SKUE SPAREBANK’s stock is valued at kr240.05 at 17:20 EST, under its 52-week high of kr250.00 and way higher than its 52-week low of kr212.00.
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