(VIANEWS) – ODFJELL DRILLING (ODL.OL), NORBIT (NORBT.OL), MELHUS SPAREBANK (MELG.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)
956.9% sales growth and 18.04% 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 kr10.52.
PE Ratio
ODFJELL DRILLING has a trailing twelve months price to earnings ratio of 5.31. Meaning, the purchaser of the share is investing kr5.31 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 18.04%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on May 24, 2024, the estimated forward annual dividend rate is 2.55 and the estimated forward annual dividend yield is 4.51%.
Yearly Top and Bottom Value
ODFJELL DRILLING’s stock is valued at kr55.90 at 12:20 EST, under its 52-week high of kr59.70 and way higher than its 52-week low of kr24.10.
More news about ODFJELL DRILLING.
2. 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 kr2.72.
PE Ratio
NORBIT has a trailing twelve months price to earnings ratio of 25.99. Meaning, the purchaser of the share is investing kr25.99 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%.
More news about NORBIT.
3. MELHUS SPAREBANK (MELG.OL)
19.6% sales growth and 9.74% return on equity
Melhus Sparebank, a savings bank, provides various banking products and services to companies, agriculture customers, and private individuals in Norway. The company offers savings accounts; construction and business loans; mortgage, and car loans; bank guarantee, overdraft, and leasing services; and credit and bank cards. It also provides various insurance products for home, cottage, household goods, contents, drone, car, boat, other vehicles, travel, animal, children, death, health, critical illness, disabled, private, commercial, agricultural, and accident; savings and pension products; payment services; and online and mobile banking services. The company operates through branch offices in central Trondheim, Heimdal, Ler, and Korsvegen. Melhus Sparebank was founded in 1840 and is headquartered in Melhus, Norway.
Earnings Per Share
As for profitability, MELHUS SPAREBANK has a trailing twelve months EPS of kr15.78.
PE Ratio
MELHUS SPAREBANK has a trailing twelve months price to earnings ratio of 9.71. Meaning, the purchaser of the share is investing kr9.71 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 9.74%.
Yearly Top and Bottom Value
MELHUS SPAREBANK’s stock is valued at kr153.20 at 12:20 EST, under its 52-week low of kr154.00.
More news about MELHUS SPAREBANK.
4. WDP (WDP.BR)
12.5% sales growth and 3.99% return on equity
WDP develops and invests in logistics property (warehouses and offices). WDP has over 7 million m² of properties in its portfolio. This international portfolio of semi-industrial and logistics buildings is spread over about 300 sites at prime logistics hubs for storage and distribution in Belgium, France, the Netherlands, Luxembourg, Germany and Romania.
Earnings Per Share
As for profitability, WDP has a trailing twelve months EPS of €0.11.
PE Ratio
WDP has a trailing twelve months price to earnings ratio of 235.45. Meaning, the purchaser of the share is investing €235.45 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 3.99%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 20%, now sitting on 420.34M for the twelve trailing months.
Yearly Top and Bottom Value
WDP’s stock is valued at €25.90 at 12:20 EST, way under its 52-week high of €28.94 and way higher than its 52-week low of €22.16.
More news about WDP.
