(VIANEWS) – SALMAR (SALM.OL), SPBK1 NORD-NORGE (NONG.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. SALMAR (SALM.OL)
54.9% 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 kr31.89.
PE Ratio
SALMAR has a trailing twelve months price to earnings ratio of 14.25. Meaning, the purchaser of the share is investing kr14.25 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%.
Volume
Today’s last reported volume for SALMAR is 40706 which is 85.11% below its average volume of 273442.
Revenue Growth
Year-on-year quarterly revenue growth grew by 45%, now sitting on 22.13B for the twelve trailing months.
Yearly Top and Bottom Value
SALMAR’s stock is valued at kr454.30 at 12:20 EST, way below its 52-week high of kr717.50 and way higher than its 52-week low of kr305.00.
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2. SPBK1 NORD-NORGE (NONG.OL)
30.3% sales growth and 13.71% return on equity
SpareBank 1 Nord-Norge provides banking services in Northern Norway. It operates through Retail Market, Corporate Market, Leasing, and Markets segments. The company offers mortgage, car, vehicle, and other loan related services. It also offers vehicle, home, travel, personal, and pet insurance services. In addition, the company provides various savings and pension related services, as well as debit and credit card services. Further, it offers financing, real estate leasing, agency, payment, and investment services. The company was founded in 1836 and is headquartered in Tromsø, Norway.
Earnings Per Share
As for profitability, SPBK1 NORD-NORGE has a trailing twelve months EPS of kr9.47.
PE Ratio
SPBK1 NORD-NORGE has a trailing twelve months price to earnings ratio of 10.17. Meaning, the purchaser of the share is investing kr10.17 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 13.71%.
Sales Growth
SPBK1 NORD-NORGE’s sales growth is 66.9% for the present quarter and 30.3% for the next.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is 110.6% and a drop 22.6% for the next.
Moving Average
SPBK1 NORD-NORGE’s value is higher than its 50-day moving average of kr93.91 and above its 200-day moving average of kr92.31.
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3. LERØY SEAFOOD GP (LSG.OL)
10.7% sales growth and 15.65% 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 kr5.17.
PE Ratio
LERØY SEAFOOD GP has a trailing twelve months price to earnings ratio of 8.18. Meaning, the purchaser of the share is investing kr8.18 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 15.65%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 2.4% and 6.1%, respectively.
Revenue Growth
Year-on-year quarterly revenue growth grew by 26.2%, now sitting on 28.09B for the twelve trailing months.
Dividend Yield
As stated by 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 5.99%.
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4. MELEXIS (MELE.BR)
9.6% sales growth and 41.13% return on equity
Melexis NV designs, develops, tests, and markets advanced integrated semiconductor devices primarily for the automotive industry in Europe, the Middle-East, Africa, the Asia Pacific, and North and Latin America. The company provides magnetic position, latch and switch, current, inductive position, tire monitoring, temperature, optical, pressure, and speed sensor ICs. It also offers embedded motor driver, fan and pump, LED, and pre driver ICs; and LIN transceiver, CAN transceiver, RFID Transceiver NFC Sensor tag ICs. The company was founded in 1988 and is headquartered in Ieper, Belgium. Melexis NV is a subsidiary of Xtrion N.V.
Earnings Per Share
As for profitability, MELEXIS has a trailing twelve months EPS of €4.94.
PE Ratio
MELEXIS has a trailing twelve months price to earnings ratio of 18.81. Meaning, the purchaser of the share is investing €18.81 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 41.13%.
Moving Average
MELEXIS’s value is above its 50-day moving average of €88.51 and higher than its 200-day moving average of €89.55.
Revenue Growth
Year-on-year quarterly revenue growth grew by 24.2%, now sitting on 880.7M for the twelve trailing months.
Sales Growth
MELEXIS’s sales growth is 17.3% for the ongoing quarter and 9.6% for the next.
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