(VIANEWS) – SALMAR (SALM.OL), SMARTCRAFT (SMCRT.OL), SPBK1 RINGERIKE (RING.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. SALMAR (SALM.OL)
45.8% sales growth and 18.21% return on equity
SalMar ASA, an aquaculture company, produces and sells farmed salmon in Asia, the United States, Canada, Norway, rest of Europe, and internationally. It is involved in the broodfish, lumpfish, and smolt production activities; and marine-phase farming, harvesting, packaging, processing, and selling farmed salmon. The company sells its products to importers/exporters, processing companies, and retail chains through in-house sales force and/or through partners. SalMar ASA was founded in 1991 and is headquartered in Kverva, Norway.
Earnings Per Share
As for profitability, SALMAR has a trailing twelve months EPS of kr17.49.
PE Ratio
SALMAR has a trailing twelve months price to earnings ratio of 23.89. Meaning, the purchaser of the share is investing kr23.89 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 18.21%.
Yearly Top and Bottom Value
SALMAR’s stock is valued at kr417.80 at 01:20 EST, way below its 52-week high of kr785.50 and way higher than its 52-week low of kr305.00.
2. SMARTCRAFT (SMCRT.OL)
20.5% sales growth and 9.13% return on equity
SmartCraft ASA provides software solutions to the construction industry in Norway, Sweden, and Finland. The company offers Cordel, an ERP solution for craftsmen; Bygglet, a project management solution; EL-VIS software solutions and services for use in professional calculation and documentation for electricians; and Congrid solution for use in quality and safety assurance processes for construction companies. It also provides HomeRun.net, a customer communication solution for building and renovation companies; and Kvalitetskontroll, a complete quality solution to the construction industry. The company was founded in 1987 and is headquartered in Ålesund, Norway.
Earnings Per Share
As for profitability, SMARTCRAFT has a trailing twelve months EPS of kr2.11.
PE Ratio
SMARTCRAFT has a trailing twelve months price to earnings ratio of 8.42. Meaning, the purchaser of the share is investing kr8.42 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 9.13%.
Volume
Today’s last reported volume for SMARTCRAFT is 6 which is 99.99% below its average volume of 85502.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 100% and 66.7%, respectively.
Earnings Before Interest, Taxes, Depreciation, and Amortization
SMARTCRAFT’s EBITDA is 61.74.
3. SPBK1 RINGERIKE (RING.OL)
11.1% sales growth and 9.9% 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 kr22.77.
PE Ratio
SPBK1 RINGERIKE has a trailing twelve months price to earnings ratio of 14.84. Meaning, the purchaser of the share is investing kr14.84 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 9.9%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 16.9%, now sitting on 931.3M for the twelve trailing months.
Moving Average
SPBK1 RINGERIKE’s worth is above its 50-day moving average of kr330.04 and higher than its 200-day moving average of kr324.14.
4. SPBK 1 NORDMØRE (SNOR.OL)
7.1% sales growth and 9.57% return on equity
SpareBank 1 Nordmøre provides various banking services in Norway. The company offers savings and deposit accounts; car, motorcycle, boat, and construction loans; and mortgages. It also provides business insurance products, which include liability, auto, mortgage, operating loss, asset, commercial, and project insurance products; personal insurance products, such as life, travel, and accidental insurance products; pension products; bank cards; payment and debt collection services; and mobile and online banking services. In addition, the company offers bank guarantees, trade credit products, and operating credit products for agriculture, as well as factoring, leasing, and repayment products and services. The company was founded in 1835 and is based in Kristiansund, Norway. SpareBank 1 Nordmøre is a subsidiary of SpareBank 1 Gruppen AS.
Earnings Per Share
As for profitability, SPBK 1 NORDMØRE has a trailing twelve months EPS of kr9.31.
PE Ratio
SPBK 1 NORDMØRE has a trailing twelve months price to earnings ratio of 13.86. Meaning, the purchaser of the share is investing kr13.86 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 9.57%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 15.2% and 87.6%, respectively.
Sales Growth
SPBK 1 NORDMØRE’s sales growth is 38.5% for the current quarter and 7.1% for the next.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Apr 6, 2022, the estimated forward annual dividend rate is 5 and the estimated forward annual dividend yield is 3.82%.
