SALMAR And 4 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – SALMAR (SALM.OL), RYANAIR HOLD. PLC (RYA.IR), ITERA (ITERA.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)

41.5% sales growth and 6.75% 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 kr6.7.

PE Ratio

SALMAR has a trailing twelve months price to earnings ratio of 75.52. Meaning, the purchaser of the share is investing kr75.52 for every norwegian krone of annual earnings.

Return on Equity

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 6.75%.

Sales Growth

SALMAR’s sales growth is 55.6% for the ongoing quarter and 41.5% for the next.

Earnings Before Interest, Taxes, Depreciation, and Amortization

SALMAR’s EBITDA is 3.96.

Revenue Growth

Year-on-year quarterly revenue growth grew by 41.8%, now sitting on 23.87B for the twelve trailing months.

Moving Average

SALMAR’s value is way higher than its 50-day moving average of kr451.90 and way above its 200-day moving average of kr428.02.

More news about SALMAR.

2. RYANAIR HOLD. PLC (RYA.IR)

38.7% sales growth and 28.95% return on equity

Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, Italy, Spain, and internationally. It is also involved in the provision of various ancillary services, such as non-flight scheduled and Internet-related services, as well as in-flight sale of beverages, food, duty-free, and merchandise; and markets car hire, travel insurance, and accommodation services through its website and mobile app. In addition, the company offers aircraft and passenger handling, ticketing, and maintenance and repair services; and markets car parking, fast-track, airport transfers, attractions, and activities on its website and mobile app, as well as sells gift vouchers. Ryanair Holdings plc was incorporated in 1996 and is headquartered in Swords, Ireland.

Earnings Per Share

As for profitability, RYANAIR HOLD. PLC has a trailing twelve months EPS of €1.14.

PE Ratio

RYANAIR HOLD. PLC has a trailing twelve months price to earnings ratio of 13.81. Meaning, the purchaser of the share is investing €13.81 for every euro of annual earnings.

Return on Equity

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 28.95%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

RYANAIR HOLD. PLC’s EBITDA is 316.68.

Yearly Top and Bottom Value

RYANAIR HOLD. PLC’s stock is valued at €15.74 at 02:20 EST, under its 52-week high of €17.40 and way higher than its 52-week low of €10.09.

More news about RYANAIR HOLD. PLC.

3. ITERA (ITERA.OL)

12.4% sales growth and 99.64% return on equity

Itera ASA, together with its subsidiaries, designs, develops, and operates digital solutions for companies and organizations in Norway, Denmark, and Slovakia. It offers data, artificial intelligence and analytics, development and architecture, test and quality assurance solutions, as well as cloud and application services. The company delivers projects and services in the strategy and consulting, customer experience, and technology and cloud transformation areas. Itera ASA was founded in 1989 and is based in Oslo, Norway.

Earnings Per Share

As for profitability, ITERA has a trailing twelve months EPS of kr0.79.

PE Ratio

ITERA has a trailing twelve months price to earnings ratio of 16.46. Meaning, the purchaser of the share is investing kr16.46 for every norwegian krone of annual earnings.

Return on Equity

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 99.64%.

More news about ITERA.

4. MOWI (MOWI.OL)

10.4% sales growth and 10.75% return on equity

Mowi ASA, a seafood company, produces and supplies farmed salmon products worldwide. It operates through three segments: Feed, Farming, and Sales and Marketing. The company is involved in the salmon feed production, salmon farming and primary processing, and seafood secondary processing activities. It offers whole gutted fish, including Label Rouge and organic salmon; and white fish and other seafood products, as well as fillets, steaks, cutlets, portions, loins, kebabs, and steak combos. The company also provides value added products, such as breaded, pre-fried, dusted, marinated, grilled, battered, topped, filled with sauce, delicatessen, fresh fish ready meal, and smoked fish products. It offers its products under the Mowi, Mowi Salmon, Donegal Silver, Admiral's, Pieters, Laschinger, Kritsen, Ducktrap River, Harbour Salmon Co., Rebel Fish, Supreme Salmon, Olav's, Northern Harvest, and Mowi Nutrition brand names. The company was formerly known as Marine Harvest ASA and changed its name to Mowi ASA in December 2018. Mowi ASA was founded in 1964 and is headquartered in Bergen, Norway.

Earnings Per Share

As for profitability, MOWI has a trailing twelve months EPS of kr8.4.

PE Ratio

MOWI has a trailing twelve months price to earnings ratio of 22.98. Meaning, the purchaser of the share is investing kr22.98 for every norwegian krone of annual earnings.

Return on Equity

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 10.75%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Sep 1, 2023, the estimated forward annual dividend rate is 8 and the estimated forward annual dividend yield is 4.25%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

MOWI’s EBITDA is 22.93.

Revenue Growth

Year-on-year quarterly revenue growth grew by 10.5%, now sitting on 5.34B for the twelve trailing months.

More news about MOWI.

5. SPAREBANK 1 SR-BK (SRBNK.OL)

6.2% sales growth and 13.14% return on equity

SpareBank 1 SR-Bank ASA, together with its subsidiaries, provides various financial products and services for personal and corporate customers in Southern and Western Norway. The company operates through Retail customers, SME & Agriculture, and Large Corporates segments. It offers its products and services in the areas of savings, loans, insurance, and pensions. The company also provides foreign exchange, administrative securities, commercial properties, leasing, accounting, advisory, estate agency, payroll/HR, securities trading, and investments services; green loans; credit and debit cards; consulting; and banking services. In addition, it facilitates debt and equity funding; and sells real estate properties comprising holiday homes, new builds, and used homes. Further, the company is involved in the customer trading of interest rate instruments; and purchasing of home mortgages. It also serves retail and corporate, small business, and agricultural customers, as well as the public sector. The company was founded in 1839 and is headquartered in Stavanger, Norway.

Earnings Per Share

As for profitability, SPAREBANK 1 SR-BK has a trailing twelve months EPS of kr14.19.

PE Ratio

SPAREBANK 1 SR-BK has a trailing twelve months price to earnings ratio of 8.93. Meaning, the purchaser of the share is investing kr8.93 for every norwegian krone of annual earnings.

Return on Equity

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 13.14%.

Moving Average

SPAREBANK 1 SR-BK’s value is under its 50-day moving average of kr128.09 and above its 200-day moving average of kr121.69.

More news about SPAREBANK 1 SR-BK.

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