(VIANEWS) – SALMAR (SALM.OL), SPAREBANKEN MØRE (MORG.OL), KITRON (KIT.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 kr30.59.
PE Ratio
SALMAR has a trailing twelve months price to earnings ratio of 14.15. Meaning, the purchaser of the share is investing kr14.15 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 56.9% for the current quarter and 55.4% for the next.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is 74.7% and a drop 27.5% for the next.
Dividend Yield
As stated 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 4.71%.
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2. SPAREBANKEN MØRE (MORG.OL)
28.7% sales growth and 10.71% return on equity
Sparebanken Møre, together with its subsidiaries, provides banking services for retail and corporate customers in Norway. It operates through Retail and Real Estate Brokerage segments. The company offers services in the areas of financing, deposits and other forms of investments, payment transfers, financial advisory services, asset management, insurance, and real estate brokerage. Sparebanken Møre was founded in 1843 and is headquartered in Ålesund, Norway.
Earnings Per Share
As for profitability, SPAREBANKEN MØRE has a trailing twelve months EPS of kr15.38.
PE Ratio
SPAREBANKEN MØRE has a trailing twelve months price to earnings ratio of 5.04. Meaning, the purchaser of the share is investing kr5.04 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 10.71%.
Moving Average
SPAREBANKEN MØRE’s worth is higher than its 50-day moving average of kr76.37 and higher than its 200-day moving average of kr77.33.
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3. KITRON (KIT.OL)
19.8% sales growth and 24.07% return on equity
Kitron ASA operates as an electronics manufacturing services company in Norway, Sweden, rest of Europe, the United States, and internationally. It manufactures electronics that are embedded in the customers' products; and box-built electronic products. The company's services include development services, such as product development, product management, and re-engineering services; and industrialization services, including prototype manufacturing, evaluation of new products, component engineering and database, test development, design and build of high level assembly lines, and environmental durability testing. Its services also comprise sourcing and procurement services; manufacturing, assembling, and testing of electronic products for the professional market; redesign, repair, and maintenance; and logistics and distribution services. The company was incorporated in 1996 and is headquartered in Billingstad, Norway.
Earnings Per Share
As for profitability, KITRON has a trailing twelve months EPS of kr2.23.
PE Ratio
KITRON has a trailing twelve months price to earnings ratio of 19.44. Meaning, the purchaser of the share is investing kr19.44 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 24.07%.
Sales Growth
KITRON’s sales growth is 24.7% for the current quarter and 19.8% for the next.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on May 2, 2023, the estimated forward annual dividend rate is 0.5 and the estimated forward annual dividend yield is 1.22%.
Volume
Today’s last reported volume for KITRON is 134580 which is 77.5% below its average volume of 598354.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 55.3% and 66.7%, respectively.
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4. SONAECOM,SGPS (SNC.LS)
19.6% sales growth and 5.08% return on equity
Sonaecom, S.G.P.S., S.A., together with its subsidiaries, operates in technology, media, and telecommunications areas worldwide. The company provides consultancy services in the area of information systems; sells licensed software; and research, development, consulting, maintenance, and audit services for products, systems, facilities, and communication and security services. It also engages in the editing, composition, and publication of periodical and non-periodical materials, as well as exploration of radio and TV stations and studios; consulting, advisory, audit, and maintenance of various facilities, and communication services and security systems; and purchase and installation of communication and security systems. In addition, the company is involved in the research, development, and commercialization of projects and service solutions in the area of information technology, communications and retail, and consulting activities for business and management; development, installation, implementation, training, and maintenance of systems and software products; rental of equipment; consulting business; industries and trade of electronic equipment and software; and advisory in retail segments, and industries and services. Further, it provides support, management consulting, and administration, primarily in the areas of accounting, taxation, administrative procedures, logistics, human resources, and training; and services in IT and cybersecurity to institutions, banks, and insurance companies, as well as invests in and manages venture capital and venture capital funds. The company was founded in 1988 and is headquartered in Cidade da Maia, Portugal. Sonaecom, S.G.P.S., S.A. is a subsidiary of Sonae, SGPS, S.A.
Earnings Per Share
As for profitability, SONAECOM,SGPS has a trailing twelve months EPS of €0.21.
PE Ratio
SONAECOM,SGPS has a trailing twelve months price to earnings ratio of 11.67. Meaning, the purchaser of the share is investing €11.67 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 5.08%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on May 10, 2023, the estimated forward annual dividend rate is 0.03 and the estimated forward annual dividend yield is 1.22%.
Moving Average
SONAECOM,SGPS’s value is under its 50-day moving average of €2.51 and higher than its 200-day moving average of €2.31.
Volume
Today’s last reported volume for SONAECOM,SGPS is 10 which is 99.97% below its average volume of 33581.
Yearly Top and Bottom Value
SONAECOM,SGPS’s stock is valued at €2.45 at 22:20 EST, way below its 52-week high of €2.75 and way above its 52-week low of €1.72.
More news about SONAECOM,SGPS.
5. PARETO BANK (PARB.OL)
11.2% sales growth and 14.03% return on equity
Pareto Bank ASA offers various banking products and services in Norway. The company accepts corporate deposits. It also offers corporate financing; receivables financing; residential and commercial financing for land and property; ship financing, including corporate and project financing; and other private or housing loans. The company was incorporated in 2007 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, PARETO BANK has a trailing twelve months EPS of kr7.89.
PE Ratio
PARETO BANK has a trailing twelve months price to earnings ratio of 6.28. Meaning, the purchaser of the share is investing kr6.28 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 14.03%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Mar 31, 2023, the estimated forward annual dividend rate is 3.86 and the estimated forward annual dividend yield is 7.7%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 10.3% and 9.2%, respectively.
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