(VIANEWS) – SALMAR (SALM.OL), SPAREBANK 1 SØRØ (SOON.OL), VOLUE (VOLUE.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)
55.4% sales growth and 20.22% return on equity
SalMar ASA, an aquaculture company, produces and sells farmed salmon in Asia, North America, Europe, and internationally. The company operates through Fish Farming, Sales & Industry, Icelandic Salmon, and SalMar Aker Ocean segments. It is involved in the broodstock, lumpfish, and smolt production activities; and marine-phase farming, harvesting, processing, and selling farmed salmon. 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 kr29.89.
PE Ratio
SALMAR has a trailing twelve months price to earnings ratio of 15.78. Meaning, the purchaser of the share is investing kr15.78 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 20.22%.
Sales Growth
SALMAR’s sales growth is 57.8% for the present quarter and 55.4% for the next.
Earnings Before Interest, Taxes, Depreciation, and Amortization
SALMAR’s EBITDA is 3.9.
More news about SALMAR.
2. SPAREBANK 1 SØRØ (SOON.OL)
19% sales growth and 10.73% return on equity
SpareBank 1 Sørøst-Norge provides various banking products and services for private and corporate customers in Norway. The company offers mobile and online banking, card, account, and payment services. It also provides mortgage, car, boat, consumer, and other vehicle loans as well as refinancing, micro savings, investment, pension, and property related services. In addition, the company offers daily operations, get paid, loans and financing, and pension related products. Further, it provides business and personnel insurance as well as savings and investment products. The company was founded in 1859 and is headquartered in Sandefjord, Norway.
Earnings Per Share
As for profitability, SPAREBANK 1 SØRØ has a trailing twelve months EPS of kr4.79.
PE Ratio
SPAREBANK 1 SØRØ has a trailing twelve months price to earnings ratio of 10.35. Meaning, the purchaser of the share is investing kr10.35 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 10.73%.
Sales Growth
SPAREBANK 1 SØRØ’s sales growth for the next quarter is 19%.
Moving Average
SPAREBANK 1 SØRØ’s worth is under its 50-day moving average of kr51.28 and below its 200-day moving average of kr52.70.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 40.9% and 37.3%, respectively.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Mar 31, 2023, the estimated forward annual dividend rate is 2.6 and the estimated forward annual dividend yield is 5.12%.
More news about SPAREBANK 1 SØRØ.
3. VOLUE (VOLUE.OL)
17.4% sales growth and 3.91% return on equity
Volue ASA, together with its subsidiaries, engages in the provision of software and technology solutions for the energy, power grid, and infrastructure markets worldwide. It operates in three segments: Energy, Power Grid, and Infrastructure. The Energy segment offers software solutions and consulting services related to forecasting and optimization of the different energy markets that enables end-to-end optimization of the green energy value-chain. The Power Grid segment provides software solutions and consulting services that enables power distributors to support electrification of society by unlocking flexibility and digital management of the power grid. The Infrastructure segment offers software solutions and consulting services that delivers flexible solutions for digital water management. This segment is also involved in the automation of processes and machines for the construction industry. Volue ASA was incorporated in 2019 and is headquartered in Oslo, Norway. Volue ASA operates as a subsidiary of Arendals Fossekompani ASA.
Earnings Per Share
As for profitability, VOLUE has a trailing twelve months EPS of kr0.21.
PE Ratio
VOLUE has a trailing twelve months price to earnings ratio of 91.24. Meaning, the purchaser of the share is investing kr91.24 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 3.91%.
Moving Average
VOLUE’s value is above its 50-day moving average of kr19.01 and way under its 200-day moving average of kr26.35.
Revenue Growth
Year-on-year quarterly revenue growth grew by 18.7%, now sitting on 1.27B for the twelve trailing months.
Sales Growth
VOLUE’s sales growth is 15.3% for the ongoing quarter and 17.4% for the next.
More news about VOLUE.
4. ORKLA (ORK.OL)
8.3% sales growth and 12.65% return on equity
Orkla ASA engages in branded consumer goods, and industrial and financial investment businesses. The company offers branded products, including frozen pizza, ketchup, soups, sauces, bread toppings, and ready-to-eat meals through grocery channels, as well as food service, convenience stores, and petrol stations. It also provides confectionery, biscuit, and snack products; and develops bran and crispbread products, as well as energy snack meals. In addition, the company offers personal care and cleaning products; dietary supplement, sport nutrition, and weight control products; wound care products and first aid equipment; painting tools; basic and wool garments for men, women, and children; and professional cleaning products. Further, it operates Gymgrossisten, Proteinfabrikken, Bodystore, and Fitnessmarket e-commerce portals for health and sports nutrition products; and restaurants. Additionally, the company supplies margarine and butter blends, bread and cake improvers and mixes, yeast, marzipan, and ice cream ingredients; produces and supplies hydro power to the Nordic power market; and develops and sells real estate properties. It offers its food products under the Grandiosa, TORO, Stabburet, Felix, Paulúns, NATURLI', Abba, Beauvais, Den Gamle Fabrik, Spilva, and Vitana brands; confectionery and snacks under the KiMs, Nidar, Stratos, Sætre, Göteborgs Kex, OLW, Panda, Laima, Selga, Taffel, Kalev, and Nói Síríus brands; health and sports nutrition under e Zalo, Jif, Bliw, Grumme, Blenda, Define, Möller's, Collett, Nutrilett, Maxim, Norgesplaster, and Salvequick brands; and food ingredients under the Odense, Mors Hjemmebakte, KronJäst, Bakkedal, and NATURLI brands. It has operations in Norway, Sweden, Denmark, Finland, Iceland, the Baltics, rest of Europe, and internationally. The company was founded in 1918 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, ORKLA has a trailing twelve months EPS of kr5.26.
PE Ratio
ORKLA has a trailing twelve months price to earnings ratio of 14.7. Meaning, the purchaser of the share is investing kr14.7 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 12.65%.
Sales Growth
ORKLA’s sales growth is 12.3% for the present quarter and 8.3% for the next.
Revenue Growth
Year-on-year quarterly revenue growth grew by 22%, now sitting on 61.31B for the twelve trailing months.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Apr 14, 2023, the estimated forward annual dividend rate is 3 and the estimated forward annual dividend yield is 3.83%.
More news about ORKLA.
