OKEA And 6 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – OKEA (OKEA.OL), SPBK1 RINGERIKE (RING.OL), WILH. WILHELMSEN A (WWI.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)

28.8% 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 kr6.96.

PE Ratio

OKEA has a trailing twelve months price to earnings ratio of 5.7. Meaning, the purchaser of the share is investing kr5.7 for every norwegian krone of annual earnings.

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%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

OKEA’s EBITDA is 0.5.

Volume

Today’s last reported volume for OKEA is 240962 which is 50.62% below its average volume of 488029.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Sep 1, 2023, the estimated forward annual dividend rate is 4 and the estimated forward annual dividend yield is 9.81%.

More news about OKEA.

2. SPBK1 RINGERIKE (RING.OL)

21.7% sales growth and 10.56% return on equity

SpareBank 1 Ringerike Hadeland provides various banking products and services to private and corporate customers in Norway. The company offers saving, current, deposit, and currency accounts; vehicle, house and travel, and animal insurance products, as well as life, child, disability, critical illness, accident, health, and business and personal insurance products; mobile and online banking services; and debit and credit cards. It also provides mortgages; car, boat, and other vehicles; consumer and other loans; and bank guarantees, corporate and construction loans, liquidity loans with a government guarantee, and operating credit for agriculture, as well as factoring, leasing, and overdraft services. In addition, the company offers services for buying and selling property; accounting services; pension products; and savings and investment products. The company was founded in 1833 and is based in Hønefoss, Norway.

Earnings Per Share

As for profitability, SPBK1 RINGERIKE has a trailing twelve months EPS of kr26.66.

PE Ratio

SPBK1 RINGERIKE has a trailing twelve months price to earnings ratio of 11.7. Meaning, the purchaser of the share is investing kr11.7 for every norwegian krone of annual earnings.

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%.

Yearly Top and Bottom Value

SPBK1 RINGERIKE’s stock is valued at kr312.00 at 12:20 EST, below its 52-week high of kr344.00 and above its 52-week low of kr304.00.

More news about SPBK1 RINGERIKE.

3. WILH. WILHELMSEN A (WWI.OL)

16.9% sales growth and 7.53% return on equity

Wilh. Wilhelmsen Holding ASA provides maritime products and services in Europe, the Oceania, Asia and Africa, and the Americas. It operates through three segments: Maritime Services, New Energy, and Strategic Holdings and Investments. The company offers marine products, including Nalfleet water treatment products to treat and protect on board systems; Unitor chemicals and equipment to clean vessels; Unicool refrigerants; Timm ropes for the maritime industry; Unitor fuel treatment chemicals; Unitor equipment for the maintenance and performance vessels; Unitor cylinders; marine specialty lubricants; and Unitor oil spill equipment and products, and sorbents and booms. It also provides ship agency services to the merchant fleet, as well as ship management services, including manning for various vessels. The company also engages in the operation of supply bases for the offshore industry; development and operation of real estate properties on and off the supply bases; and maintenance of rigs and handling of logistics related to international pipeline projects and windmill parks. Further, it offers technical and crew management services for the offshore wind market, and digital solutions for the shipping industry. Wilh. Wilhelmsen Holding ASA also provides marine and non-marine insurance services; and investment, port, and infrastructure and supply solutions. The company was founded in 1861 and is headquartered in Lysaker, Norway. Wilh. Wilhelmsen Holding ASA is a subsidiary of Tallyman AS.

Earnings Per Share

As for profitability, WILH. WILHELMSEN A has a trailing twelve months EPS of kr51.77.

PE Ratio

WILH. WILHELMSEN A has a trailing twelve months price to earnings ratio of 5.56. Meaning, the purchaser of the share is investing kr5.56 for every norwegian krone of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 7.53%.

Moving Average

WILH. WILHELMSEN A’s value is above its 50-day moving average of kr275.75 and higher than its 200-day moving average of kr267.40.

Sales Growth

WILH. WILHELMSEN A’s sales growth is 3.4% for the present quarter and 16.9% for the next.

Earnings Before Interest, Taxes, Depreciation, and Amortization

WILH. WILHELMSEN A’s EBITDA is 173.91.

Revenue Growth

Year-on-year quarterly revenue growth grew by 12.9%, now sitting on 973M for the twelve trailing months.

More news about WILH. WILHELMSEN A.

4. BOUVET (BOUV.OL)

9.7% sales growth and 60.9% return on equity

Bouvet ASA provides IT and digital communication consultancy services for public and private sector companies in Norway, Sweden, and internationally. Bouvet ASA was founded in 1995 and is based in Oslo, Norway.

Earnings Per Share

As for profitability, BOUVET has a trailing twelve months EPS of kr3.09.

PE Ratio

BOUVET has a trailing twelve months price to earnings ratio of 19.51. Meaning, the purchaser of the share is investing kr19.51 for every norwegian krone of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 60.9%.

Volume

Today’s last reported volume for BOUVET is 60375 which is 41.62% above its average volume of 42629.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on May 24, 2023, the estimated forward annual dividend rate is 2.5 and the estimated forward annual dividend yield is 4%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 16.5%, now sitting on 3.22B for the twelve trailing months.

Moving Average

BOUVET’s worth is under its 50-day moving average of kr64.17 and under its 200-day moving average of kr61.83.

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5. TOMRA SYSTEMS (TOM.OL)

9.7% sales growth and 17.05% return on equity

Tomra Systems ASA provides sensor-based solutions for optimal resource productivity worldwide. It operates through three segments: TOMRA Collection, TOMRA Recycling, and TOMRA Food. The TOMRA Collection segment engages in the development, production, sale, and service of reverse vending machines and related data management systems. This segment is also involved in picking up, transporting, and processing empty beverage containers on behalf of beverage producers/fillers. The TOMRA Recycling segment engages in the development, production, sale, and service of sorting and processing technology for waste management companies or plant builders. This segment offers sorting systems for waste and metal material streams; and ore sorting systems for mining companies. The TOMRA Food segment is involved in the development, production, sale, and service of sorting and processing technology, including sensor-based sorting solutions and integrated post-harvest solutions to detect and eject unwanted materials from manufacturing and processing lines for fresh and processed food industries. The company was founded in 1972 and is headquartered in Asker, Norway.

Earnings Per Share

As for profitability, TOMRA SYSTEMS has a trailing twelve months EPS of kr3.79.

PE Ratio

TOMRA SYSTEMS has a trailing twelve months price to earnings ratio of 38.32. Meaning, the purchaser of the share is investing kr38.32 for every norwegian krone of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 17.05%.

Sales Growth

TOMRA SYSTEMS’s sales growth is 16.1% for the current quarter and 9.7% for the next.

More news about TOMRA SYSTEMS.

6. KONGSBERG GRUPPEN (KOG.OL)

9.2% sales growth and 26.05% 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 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 kr19.11.

PE Ratio

KONGSBERG GRUPPEN has a trailing twelve months price to earnings ratio of 22.44. Meaning, the purchaser of the share is investing kr22.44 for every norwegian krone of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 26.05%.

Sales Growth

KONGSBERG GRUPPEN’s sales growth is 18.7% for the present quarter and 9.2% for the next.

Yearly Top and Bottom Value

KONGSBERG GRUPPEN’s stock is valued at kr428.80 at 12:20 EST, way under its 52-week high of kr494.40 and way higher than its 52-week low of kr303.40.

Revenue Growth

Year-on-year quarterly revenue growth grew by 27.1%, now sitting on 35.89B for the twelve trailing months.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on May 12, 2023, the estimated forward annual dividend rate is 12 and the estimated forward annual dividend yield is 2.76%.

More news about KONGSBERG GRUPPEN.

7. IMCD (IMCD.AS)

6.5% sales growth and 19.97% return on equity

IMCD N.V. distributes, markets, and sells specialty chemicals and ingredients in the Netherlands, rest of Europe, the Middle East, Africa, North America, South America, and the Asia-Pacific. The company offers bioactives, biocides, chelates, functional additives, rheology modifiers, silicones, solubilisers, and solvents; active pharmaceutical, agrochemicals, biopharma, excipients and formulation, nutraceuticals, and regulated synthesis; actives, UV sunscreens, rheology modifiers, thickeners, surfactants, emulsifiers, emollients, elastomers, humectants, waxes, film formers, functional powders, hair styling polymers, hair conditioners, solvents, solubilizers, pigments, pearls, colorants, opacifiers, pearlisers, preservatives, antioxidants, additives, fragrances, and essential oils; and resins and binders, additives, functional fillers, and specialty solvents. It also provides taste, texture, nutrition, and function; base oil, fuel addictive, lubricants addictive, lubricants finished fluids, solvents, degreasers and fuel, compounds, and upstream, midstream and downstream oil, gas and energy; bio-based chemicals, binders, corrosion inhibitors, catalysts, intermediates, monomers, organic building blocks, processing aids, reactive diluents, solvents, and surfactants. IMCD N.V. was founded in 1995 and is headquartered in Rotterdam, the Netherlands.

Earnings Per Share

As for profitability, IMCD has a trailing twelve months EPS of €5.49.

PE Ratio

IMCD has a trailing twelve months price to earnings ratio of 22.39. Meaning, the purchaser of the share is investing €22.39 for every euro of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 19.97%.

Moving Average

IMCD’s value is under its 50-day moving average of €135.95 and way below its 200-day moving average of €139.89.

Revenue Growth

Year-on-year quarterly revenue growth grew by 30.1%, now sitting on 4.62B for the twelve trailing months.

More news about IMCD.

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