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

(VIANEWS) – SALMAR (SALM.OL), VOSS VEKSEL OGLAND (VVL.OL), TIPIAK (TIPI.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. SALMAR (SALM.OL)

53.8% 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 14.81. Meaning, the purchaser of the share is investing kr14.81 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%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

SALMAR’s EBITDA is 25.33.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter is 80% and a drop 35.2% for the next.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Jun 9, 2023, the estimated forward annual dividend rate is 20 and the estimated forward annual dividend yield is 4.32%.

Volume

Today’s last reported volume for SALMAR is 65990 which is 72.91% below its average volume of 243613.

More news about SALMAR.

2. VOSS VEKSEL OGLAND (VVL.OL)

16% sales growth and 9.14% return on equity

Voss Veksel- og Landmandsbank ASA provides banking products and services to private individuals and companies in Norway. The company offers saving accounts; car and other vehicle, home, small, and construction loans; overdrafts facilities; leasing services; bank guarantees; bank and payment cards; insurance products; and online and mobile banking services. The company was founded in 1843 and is based in Voss, Norway.

Earnings Per Share

As for profitability, VOSS VEKSEL OGLAND has a trailing twelve months EPS of kr25.66.

PE Ratio

VOSS VEKSEL OGLAND has a trailing twelve months price to earnings ratio of 8.34. Meaning, the purchaser of the share is investing kr8.34 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 9.14%.

Sales Growth

VOSS VEKSEL OGLAND’s sales growth for the next quarter is 16%.

More news about VOSS VEKSEL OGLAND.

3. TIPIAK (TIPI.PA)

13.7% sales growth and 6.82% return on equity

Tipiak Société Anonyme, a food company, manufactures prepared food products, frozen ready-meals, pastry products, groceries, and crusty bread products. The company offers groceries, such as breadcrumbs, cereals, couscous, croutons, Japanese pearls, potato starch, quinoa, and tapioca; frozen products, including savory products, appetizers, and side dishes with grains; and frozen sweet products comprising macarons, mini eclairs, and petits fours. It sells its products in France, England, and the United States. The company was founded in 1830 and is based in Saint-Aignan-Grandlieu, France.

Earnings Per Share

As for profitability, TIPIAK has a trailing twelve months EPS of €4.62.

PE Ratio

TIPIAK has a trailing twelve months price to earnings ratio of 12.55. Meaning, the purchaser of the share is investing €12.55 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 6.82%.

Moving Average

TIPIAK’s value is below its 50-day moving average of €59.56 and below its 200-day moving average of €58.28.

More news about TIPIAK.

4. 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%.

Moving Average

TOMRA SYSTEMS’s value is way under its 50-day moving average of kr169.29 and way below its 200-day moving average of kr173.01.

Earnings Before Interest, Taxes, Depreciation, and Amortization

TOMRA SYSTEMS’s EBITDA is 3.63.

More news about TOMRA SYSTEMS.

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