OKEA And 5 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – OKEA (OKEA.OL), RYANAIR HOLD. PLC (RYA.IR), X-FAB (XFAB.PA) 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)

66.5% sales growth and 32.98% 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 kr6.27.

PE Ratio

OKEA has a trailing twelve months price to earnings ratio of 4.21. Meaning, the purchaser of the share is investing kr4.21 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 32.98%.

Moving Average

OKEA’s worth is way under its 50-day moving average of kr33.74 and way under its 200-day moving average of kr34.47.

Earnings Before Interest, Taxes, Depreciation, and Amortization

OKEA’s EBITDA is 4.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Dec 1, 2023, the estimated forward annual dividend rate is 4 and the estimated forward annual dividend yield is 14.74%.

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2. RYANAIR HOLD. PLC (RYA.IR)

38.7% sales growth and 28.95% return on equity

Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, Italy, Spain, and internationally. It is also involved in the provision of various ancillary services, such as non-flight scheduled and Internet-related services, as well as in-flight sale of beverages, food, duty-free, and merchandise; and markets car hire, travel insurance, and accommodation services through its website and mobile app. In addition, the company offers aircraft and passenger handling, ticketing, and maintenance and repair services; and markets car parking, fast-track, airport transfers, attractions, and activities on its website and mobile app, as well as sells gift vouchers. Ryanair Holdings plc was incorporated in 1996 and is headquartered in Swords, Ireland.

Earnings Per Share

As for profitability, RYANAIR HOLD. PLC has a trailing twelve months EPS of €1.95.

PE Ratio

RYANAIR HOLD. PLC has a trailing twelve months price to earnings ratio of 9.29. Meaning, the purchaser of the share is investing €9.29 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 28.95%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 40.3%, now sitting on 11.82B for the twelve trailing months.

Growth Estimates Quarters

The company’s growth estimates for the current quarter is 150% and a drop 144.4% for the next.

Yearly Top and Bottom Value

RYANAIR HOLD. PLC’s stock is valued at €18.12 at 01:20 EST, above its 52-week high of €17.40.

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3. X-FAB (XFAB.PA)

23.3% sales growth and 19.58% return on equity

X-FAB Silicon Foundries SE operates as an analog/mixed-signal semiconductor technology foundry. The company manufactures silicon wafers for automotive, industrial, consumer, medical, and mobile communications, and other applications; and analog/mixed-signal integrated circuits, sensors, and micro-electro-mechanical systems. It also provides manufacturing and design support services for customers that design analog/mixed-signal integrated circuits and other semiconductor devices, as well as engineering and prototyping, outsourcing, technical, and design support services. The company serves integrated device manufacturers, original equipment manufacturers, and fabless semiconductor companies. It operates in Belgium, Germany, the United Kingdom, Austria, France, Switzerland, Denmark, Sweden, Finland, Netherlands, Ireland, Singapore, China, Japan, Thailand, Malaysia, Korea, Taiwan, Hong Kong, New Zealand, the United States, and internationally. The company was founded in 1992 and is based in Tessenderlo, Belgium.

Earnings Per Share

As for profitability, X-FAB has a trailing twelve months EPS of €1.14.

PE Ratio

X-FAB has a trailing twelve months price to earnings ratio of 8.18. Meaning, the purchaser of the share is investing €8.18 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 19.58%.

More news about X-FAB.

4. NAVAMEDIC (NAVA.OL)

20.7% sales growth and 11.97% return on equity

Navamedic ASA, a pharmaceutical company, develops, produces, markets, and sells pharmaceuticals and related products in Northern Europe. The company's product portfolio includes prescription and non-prescription pharmaceuticals, as well as medical nutrition products, medical devices, food supplements, and cosmetics. It offers medical nutrition products for various therapeutic areas, including phenylketonuria, homocystinuria, maple syrup urine disease, tyrosinemia, methylmalonic acidemia/propionic acidemia, glutaric aciduria, isovaleric acidemia, and urea cycle disorders, as well as products for glycogen storage diseases and renal diseases, fat metabolism, malnutrition, and ketogenic diet. In addition, the company provides consumer health products consisting of non-prescription drugs and health care products for pain relief, cough and cold, gastro, obesity, women's health, and others primarily through pharmacies and drugstores; specialty pharmaceutical products in various therapeutic areas comprising dermatology, wound care, urology, and obesity; and branded generics, including cardiology products and antibiotics. It sells, markets, and distributes its products to hospitals, patients, and pharmacies. The company was formerly known as Glucomed AS and changed its name to Navamedic ASA in 2004. Navamedic ASA was incorporated in 2002 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, NAVAMEDIC has a trailing twelve months EPS of kr1.18.

PE Ratio

NAVAMEDIC has a trailing twelve months price to earnings ratio of 31.36. Meaning, the purchaser of the share is investing kr31.36 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 11.97%.

Volume

Today’s last reported volume for NAVAMEDIC is 8143 which is 33.5% below its average volume of 12246.

Moving Average

NAVAMEDIC’s value is below its 50-day moving average of kr37.44 and under its 200-day moving average of kr37.55.

Yearly Top and Bottom Value

NAVAMEDIC’s stock is valued at kr37.00 at 01:20 EST, way below its 52-week high of kr43.90 and way above its 52-week low of kr31.00.

More news about NAVAMEDIC.

5. MELHUS SPAREBANK (MELG.OL)

15.6% sales growth and 10.56% 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 kr17.11.

PE Ratio

MELHUS SPAREBANK has a trailing twelve months price to earnings ratio of 9.7. Meaning, the purchaser of the share is investing kr9.7 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 10.56%.

Sales Growth

MELHUS SPAREBANK’s sales growth is 16.3% for the current quarter and 15.6% for the next.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Mar 17, 2023, the estimated forward annual dividend rate is 11 and the estimated forward annual dividend yield is 6.88%.

Volume

Today’s last reported volume for MELHUS SPAREBANK is 30 which is 89.13% below its average volume of 276.

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6. ING GROEP N.V. (INGA.AS)

5.4% sales growth and 29.72% return on equity

ING Groep N.V., a financial institution, provides various banking products and services in the Netherlands, Belgium, Rest of Europe, North America, Latin America, Asia, and Australia. It operates in six segments: Retail Netherlands, Retail Belgium, Retail Germany, Retail Other, Wholesale Banking, and Corporate Line Banking. The company accepts various deposits, such as current and savings accounts. It also offers business lending products; consumer lending products, such as residential mortgage loans, term loans, and other consumer lending loans; and secured and unsecured lending services. in addition, the company provides debt capital market, working capital solutions, export finance, daily banking, treasury and risk, and corporate finance solutions; and specialized lending, debt and equity market solutions, payments and cash management, and trade and treasury services, as well as savings, investment, insurance, mortgage, and digital banking services; and SME loans. It serves individual customers, corporate clients, and financial institutions. ING Groep N.V. was founded in 1762 and is headquartered in Amsterdam, the Netherlands.

Earnings Per Share

As for profitability, ING GROEP N.V. has a trailing twelve months EPS of €1.62.

PE Ratio

ING GROEP N.V. has a trailing twelve months price to earnings ratio of 7.98. Meaning, the purchaser of the share is investing €7.98 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 29.72%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 39.7%, now sitting on 34.06B for the twelve trailing months.

Volume

Today’s last reported volume for ING GROEP N.V. is 2954280 which is 73.32% below its average volume of 11076300.

Sales Growth

ING GROEP N.V.’s sales growth is 16.4% for the current quarter and 5.4% for the next.

Moving Average

ING GROEP N.V.’s worth is below its 50-day moving average of €13.00 and higher than its 200-day moving average of €12.53.

More news about ING GROEP N.V..

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