(VIANEWS) – ODFJELL DRILLING (ODL.OL), VÅR ENERGI (VAR.OL), VOSS VEKSEL OGLAND (VVL.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. ODFJELL DRILLING (ODL.OL)
997.7% sales growth and 18.26% return on equity
Odfjell Drilling Ltd. owns and operates mobile offshore drilling units primarily in Norway and Namibia. The company operates through Own Fleet and External Fleet segments. It also offers management services to other owners of drilling units, such as operational management, regulatory requirements management, marketing, contract negotiations and client relations, and operation and mobilization preparation services. The company was founded in 1914 and is headquartered in Aberdeen, the United Kingdom. Odfjell Drilling Ltd. is a subsidiary of Odfjell Partners Holding Ltd.
Earnings Per Share
As for profitability, ODFJELL DRILLING has a trailing twelve months EPS of kr10.8.
PE Ratio
ODFJELL DRILLING has a trailing twelve months price to earnings ratio of 4.86. Meaning, the purchaser of the share is investing kr4.86 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 18.26%.
Volume
Today’s last reported volume for ODFJELL DRILLING is 133880 which is 81.55% below its average volume of 725952.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is 32.7% and a drop 9.7% for the next.
Sales Growth
ODFJELL DRILLING’s sales growth is negative 5.7% for the ongoing quarter and 997.7% for the next.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Aug 30, 2024, the estimated forward annual dividend rate is 2.54 and the estimated forward annual dividend yield is 4.84%.
More news about ODFJELL DRILLING.
2. VÅR ENERGI (VAR.OL)
34.3% sales growth and 50.7% return on equity
Vår Energi AS operates as an independent upstream oil and gas company on the Norwegian continental shelf in Norway. It produces crude oil, liquified natural gas, and natural gas liquids. The company was formerly known as Eni Norge AS and changed its name to Vår Energi AS in December 2018. The company was incorporated in 1965 and is headquartered in Sandnes, Norway. Vår Energi AS operates as a subsidiary of Eni International B.V.
Earnings Per Share
As for profitability, VÅR ENERGI has a trailing twelve months EPS of kr2.7.
PE Ratio
VÅR ENERGI has a trailing twelve months price to earnings ratio of 13.23. Meaning, the purchaser of the share is investing kr13.23 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 50.7%.
Sales Growth
VÅR ENERGI’s sales growth is 34.6% for the ongoing quarter and 34.3% for the next.
More news about VÅR ENERGI.
3. VOSS VEKSEL OGLAND (VVL.OL)
17.5% sales growth and 10.95% return on equity
Voss Veksel- og Landmandsbank ASA provides banking products and services to private individuals and companies in Norway. The company offers saving accounts; car and other vehicle, home, small, and construction loans; overdrafts facilities; leasing services; bank guarantees; bank and payment cards; insurance products; and online and mobile banking services. The company was founded in 1843 and is based in Voss, Norway.
Earnings Per Share
As for profitability, VOSS VEKSEL OGLAND has a trailing twelve months EPS of kr38.42.
PE Ratio
VOSS VEKSEL OGLAND has a trailing twelve months price to earnings ratio of 7.81. Meaning, the purchaser of the share is investing kr7.81 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 10.95%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 17%, now sitting on 171.25M for the twelve trailing months.
Yearly Top and Bottom Value
VOSS VEKSEL OGLAND’s stock is valued at kr300.00 at 02:20 EST, way higher than its 52-week high of kr268.00.
Volume
Today’s last reported volume for VOSS VEKSEL OGLAND is 46 which is 80% below its average volume of 230.
Moving Average
VOSS VEKSEL OGLAND’s value is way above its 50-day moving average of kr254.16 and way higher than its 200-day moving average of kr230.71.
More news about VOSS VEKSEL OGLAND.
4. AXACTOR (ACR.OL)
5.2% sales growth and 9.72% return on equity
Axactor ASA, through its subsidiaries, operates as a debt management and collection company in Sweden, Finland, Germany, Italy, Norway, and Spain. It operates through two segments: Non-performing Loans and Third-Party Collection. The Non-performing Loans segment invests in portfolios of non-performing loans collected through amicable or legal proceedings. The Third-Party Collection segment provides debt collection services on behalf of third-party clients, which applies amicable and legal proceedings to collect the non-performing loans. This segment is also involved in helping creditors to prepare documentation for future legal proceedings against debtors; and handling of invoices between the invoice date and the default date and sending out reminders. Axactor ASA was incorporated in 1982 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, AXACTOR has a trailing twelve months EPS of kr0.76.
PE Ratio
AXACTOR has a trailing twelve months price to earnings ratio of 5.45. Meaning, the purchaser of the share is investing kr5.45 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 9.72%.
Volume
Today’s last reported volume for AXACTOR is 57971 which is 77.01% below its average volume of 252244.
Yearly Top and Bottom Value
AXACTOR’s stock is valued at kr4.15 at 02:20 EST, way under its 52-week low of kr4.99.
Revenue Growth
Year-on-year quarterly revenue growth grew by 10.2%, now sitting on 246.62M for the twelve trailing months.
Earnings Before Interest, Taxes, Depreciation, and Amortization
AXACTOR’s EBITDA is 989.79.
More news about AXACTOR.
