(VIANEWS) – ODFJELL DRILLING (ODL.OL), SPBK 1 ØSTLANDET (SPOL.OL), KONGSBERG GRUPPEN (KOG.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)
956.6% 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 kr10.48.
PE Ratio
ODFJELL DRILLING has a trailing twelve months price to earnings ratio of 5.58. Meaning, the purchaser of the share is investing kr5.58 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%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter is 29.1% and a drop 12.9% for the next.
More news about ODFJELL DRILLING.
2. SPBK 1 ØSTLANDET (SPOL.OL)
21% sales growth and 12.18% return on equity
SpareBank 1 Østlandet provides various financial products and services to individuals, businesses, the public sector, clubs, and societies. The company operates through Retail, Corporate, and Organisation Market and Capital Market segments. The Retail segment provides financial services comprising of savings, money transfer, insurance, accident prevention, financing, money transfer, capital, and investment management services. The Corporate segment offers interest rate, currency hedging, and investment related services, as well as insurance services for property. The Organisation Market and Capital Market segment provides risk based advisory solutions to high-net-worth individuals and corporates, as well as engages in foreign currency services. SpareBank 1 Østlandet was founded in 1845 and is headquartered in Hamar, Norway. SpareBank 1 Østlandet operates as a subsidiary of Sparebankstiftelsen Hedmark.
Earnings Per Share
As for profitability, SPBK 1 ØSTLANDET has a trailing twelve months EPS of kr14.22.
PE Ratio
SPBK 1 ØSTLANDET has a trailing twelve months price to earnings ratio of 9.92. Meaning, the purchaser of the share is investing kr9.92 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 12.18%.
Volume
Today’s last reported volume for SPBK 1 ØSTLANDET is 7826 which is 77.89% below its average volume of 35403.
Sales Growth
SPBK 1 ØSTLANDET’s sales growth is 9.4% for the ongoing quarter and 21% for the next.
More news about SPBK 1 ØSTLANDET.
3. KONGSBERG GRUPPEN (KOG.OL)
14.8% sales growth and 25.08% return on equity
Kongsberg Gruppen ASA, together with its subsidiaries, provides high-tech systems and solutions primarily to customers in the maritime and defense markets. The company operates through three segments: Kongsberg Maritime, Kongsberg Defence & Aerospace, and Other. The Kongsberg Maritime segment offers solutions and systems for bridge and control systems, which include dynamic positioning, propulsion control, and navigation, as well as automation systems; energy solutions and ship design services; and propellers, thrusters, water jet systems, and systems for offshore manoeuvring of maritime vessels. This segment also provides winches for mooring, anchor handling, and special systems for offshore vessels, tugs, marine vessels, and various other classes of vessel, as well as cranes; hydroacoustics; autonomous underwater vessels and solutions for autonomous maritime vessels; and products related to fisheries, systems for underwater mapping, and sensors and solutions for specialist vessels. The Kongsberg Defence & Aerospace segment offers various systems and services to the defense industry. It provides air defense and combat systems, sonars, and navigation for marine vessels and submarines, as well as integrated command and control systems; remote tower solutions for airports; remote control weapon stations for land-based vehicles and marine vessels; products for military tactical communication; naval strike and air-to-surface missiles; and lightweight composite and titanium components for F-35 combat aircraft. This segment also offers components and services to the space industry, as well as port monitoring systems; and maintenance, repair, and overhaul services. The Other segment focuses on digitalization within the oil and gas, wind, and merchant marine markets. It operates primarily in Norway, Europe, North America, South America, Asia, Australia, and South Africa. Kongsberg Gruppen ASA was founded in 1814 and is headquartered in Kongsberg, Norway.
Earnings Per Share
As for profitability, KONGSBERG GRUPPEN has a trailing twelve months EPS of kr25.62.
PE Ratio
KONGSBERG GRUPPEN has a trailing twelve months price to earnings ratio of 41.1. Meaning, the purchaser of the share is investing kr41.1 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 25.08%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Oct 9, 2024, the estimated forward annual dividend rate is 7 and the estimated forward annual dividend yield is 0.8%.
Moving Average
KONGSBERG GRUPPEN’s value is way higher than its 50-day moving average of kr862.93 and way above its 200-day moving average of kr633.43.
Revenue Growth
Year-on-year quarterly revenue growth grew by 26%, now sitting on 42.98B for the twelve trailing months.
More news about KONGSBERG GRUPPEN.
4. SPAREBANK 1 SMN (MING.OL)
14.4% sales growth and 15.64% 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, vehicle, green, move, consumer and other loans; refinancing; and placement, group, savings, business, group, tax deduction, currency, and deposit accounts. It also provides BSU house savings for young people; fixed interest deposits; savings and investments; cash services; and payments. In addition, the company offers car, home, personal, animal, vehicle, and travel insurance services; property buying and selling advisory services; and mobile and online banking, and various cards. Further, it offers loans for car, vehicles, and trailers, bank guarantees, business and construction loans, operating credit for agriculture, factoring, leasing, and overdrafts; various pension products; and business and personal insurance products. Additionally, the company provides documentary collection, letter of credit, forward contracts, and foreign currency account services; and accounting, HR services, taxes and duties, transactional advice, and IT solutions services. It offers money transfer, capital and investment management, advisory, interest rate and currency hedging, and investment of surplus liquidity 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 kr17.53.
PE Ratio
SPAREBANK 1 SMN has a trailing twelve months price to earnings ratio of 8.66. Meaning, the purchaser of the share is investing kr8.66 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 15.64%.
Volume
Today’s last reported volume for SPAREBANK 1 SMN is 43362 which is 54.82% below its average volume of 95979.
Sales Growth
SPAREBANK 1 SMN’s sales growth is 18.1% for the current quarter and 14.4% for the next.
More news about SPAREBANK 1 SMN.
