(VIANEWS) – OKEA (OKEA.OL), SEABIRD EXPLORAT (SBX.OL), LERØY SEAFOOD GP (LSG.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. OKEA (OKEA.OL)
33.2% sales growth and 35.99% return on equity
OKEA ASA, an oil and gas company, engages in the development and production of oil and gas in the Norwegian continental shelf. The company holds 44.56% interests in Draugen, 12% interests in Gjøa, 9.2385% interests in Ivar Aasen, 6% interests in Nova, and 15% interests in Yme assets. OKEA ASA was incorporated in 2015 and is headquartered in Trondheim, Norway.
Earnings Per Share
As for profitability, OKEA has a trailing twelve months EPS of kr7.06.
PE Ratio
OKEA has a trailing twelve months price to earnings ratio of 5.71. Meaning, the purchaser of the share is investing kr5.71 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 35.99%.
More news about OKEA.
2. SEABIRD EXPLORAT (SBX.OL)
14.4% sales growth and 13.65% return on equity
SeaBird Exploration Plc, together with its subsidiaries, provides marine 2D and 3D seismic data for the oil and gas industry in Europe, Africa, the Middle East, North and South America, and the Asia Pacific. It offers 2D seismic; and source vessels that provide conventional undershoot, 4D repeat survey, wide azimuth, push reverse, long-term charter and vessel management, in-house source modelling and environmental decay analysis, and spot charter services. The company was founded in 1996 and is based in Nicosia, Cyprus.
Earnings Per Share
As for profitability, SEABIRD EXPLORAT has a trailing twelve months EPS of kr0.41.
PE Ratio
SEABIRD EXPLORAT has a trailing twelve months price to earnings ratio of 12.61. Meaning, the purchaser of the share is investing kr12.61 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 13.65%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 153.8% and 252.4%, respectively.
Revenue Growth
Year-on-year quarterly revenue growth grew by 179.3%, now sitting on 31.27M for the twelve trailing months.
Earnings Before Interest, Taxes, Depreciation, and Amortization
SEABIRD EXPLORAT’s EBITDA is 17.95.
Volume
Today’s last reported volume for SEABIRD EXPLORAT is 907376 which is 94.37% above its average volume of 466822.
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3. LERØY SEAFOOD GP (LSG.OL)
12.1% sales growth and 3.73% return on equity
Lerøy Seafood Group ASA produces, processes, markets, sells, and distributes seafood products worldwide. It operates in three segments: Wildcatch; Farming; and Value-Added Processing, Sales and Distribution. The company offers smoked and gravad salmon, and trout products; farmed and wild catch whole fishes; fillets and portions; ready-to-eat and ready-to-cook products; fish blocks and cubes; breaded products; pre-fried fish burgers and patties; crustaceans and molluscs; seaweeds; and other products. Lerøy Seafood Group ASA markets its products primarily under the Norway Seafoods, Arctic Supreme, Fjord trout, Aurora Salmon, Fossen, Sea Eagle, Lerøy, and M?r brands to shops, restaurants, canteens, and hotels. The company was founded in 1899 and is headquartered in Bergen, Norway. Lerøy Seafood Group ASA is a subsidiary of Austevoll Seafood ASA.
Earnings Per Share
As for profitability, LERØY SEAFOOD GP has a trailing twelve months EPS of kr1.02.
PE Ratio
LERØY SEAFOOD GP has a trailing twelve months price to earnings ratio of 45.69. Meaning, the purchaser of the share is investing kr45.69 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 3.73%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
LERØY SEAFOOD GP’s EBITDA is 1.19.
Volume
Today’s last reported volume for LERØY SEAFOOD GP is 704497 which is 26.15% below its average volume of 953962.
Sales Growth
LERØY SEAFOOD GP’s sales growth is 7.1% for the present quarter and 12.1% for the next.
More news about LERØY SEAFOOD GP.
4. SPAREBANK 1 SR-BK (SRBNK.OL)
6.2% sales growth and 13.14% return on equity
SpareBank 1 SR-Bank ASA, together with its subsidiaries, provides various financial products and services for personal and corporate customers in Southern and Western Norway. The company operates through Retail customers, SME & Agriculture, and Large Corporates segments. It offers its products and services in the areas of savings, loans, insurance, and pensions. The company also provides foreign exchange, administrative securities, commercial properties, leasing, accounting, advisory, estate agency, payroll/HR, securities trading, and investments services; green loans; credit and debit cards; consulting; and banking services. In addition, it facilitates debt and equity funding; and sells real estate properties comprising holiday homes, new builds, and used homes. Further, the company is involved in the customer trading of interest rate instruments; and purchasing of home mortgages. It also serves retail and corporate, small business, and agricultural customers, as well as the public sector. The company was founded in 1839 and is headquartered in Stavanger, Norway.
Earnings Per Share
As for profitability, SPAREBANK 1 SR-BK has a trailing twelve months EPS of kr14.19.
PE Ratio
SPAREBANK 1 SR-BK has a trailing twelve months price to earnings ratio of 8.89. Meaning, the purchaser of the share is investing kr8.89 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 13.14%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Apr 14, 2023, the estimated forward annual dividend rate is 7 and the estimated forward annual dividend yield is 5.51%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 25%, now sitting on 7.74B for the twelve trailing months.
Volume
Today’s last reported volume for SPAREBANK 1 SR-BK is 63115 which is 42.57% below its average volume of 109917.
Sales Growth
SPAREBANK 1 SR-BK’s sales growth is 28.7% for the current quarter and 6.2% for the next.
More news about SPAREBANK 1 SR-BK.
