SALMAR And 5 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – SALMAR (SALM.OL), SPBK1 ØSTFOLD AKE (SOAG.OL), SPAREBANK 1 SR-BK (SRBNK.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)

63.6% sales growth and 18.21% return on equity

SalMar ASA, an aquaculture company, produces and sells farmed salmon in Asia, the United States, Canada, Norway, rest of Europe, and internationally. It is involved in the broodfish, lumpfish, and smolt production activities; and marine-phase farming, harvesting, processing, and selling farmed salmon. The company sells its products through in-house salesforce and/or through close partners. 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 kr25.35.

PE Ratio

SALMAR has a trailing twelve months price to earnings ratio of 17.75. Meaning, the purchaser of the share is investing kr17.75 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 18.21%.

Yearly Top and Bottom Value

SALMAR’s stock is valued at kr450.00 at 22:20 EST, way below its 52-week high of kr733.00 and way higher than its 52-week low of kr305.00.

Revenue Growth

Year-on-year quarterly revenue growth grew by 37.4%, now sitting on 20.04B for the twelve trailing months.

More news about SALMAR.

2. SPBK1 ØSTFOLD AKE (SOAG.OL)

27.3% sales growth and 10.79% return on equity

SpareBank 1 Østfold Akershus, a savings bank, provides various banking products and services in Østfold and the southern part of Akershus. The company offers savings, operating, tax deduction, deposit, placement, and currency accounts; and savings and investment products. It also provides consumer, construction, repayment, boat, motorcycle, and car loans; operating credit products; bank guarantees; liquidity loans with government guarantees; operating credit for agriculture; mortgage products; leasing and factoring services; and refinancing services. In addition, the company offers various insurance products, such as vehicle, house and travel, personal, animal, liability, work machine, interruption, condominium, cyber, truck, movable property, commercial building, project, transport, crime, bus, group life, health, leisure accident, occupational injury, accident insurance children, and sick pay insurance products; and pension products. Further, it provides credit, municipal payment, and other bank cards; payment terminal, debt collection, and document collection services; bonds, forwards, and currency options; accounting approved, invoice automatic, eGiro/Cremul, KID invoice, and OCR and eGiro payment services; and mobile and online banking services. The company was founded in 1835 and is headquartered in Moss, Norway.

Earnings Per Share

As for profitability, SPBK1 ØSTFOLD AKE has a trailing twelve months EPS of kr34.16.

PE Ratio

SPBK1 ØSTFOLD AKE has a trailing twelve months price to earnings ratio of 9.19. Meaning, the purchaser of the share is investing kr9.19 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 10.79%.

Moving Average

SPBK1 ØSTFOLD AKE’s value is under its 50-day moving average of kr329.24 and under its 200-day moving average of kr316.23.

Sales Growth

SPBK1 ØSTFOLD AKE’s sales growth is 26.7% for the ongoing quarter and 27.3% for the next.

More news about SPBK1 ØSTFOLD AKE.

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

18.4% sales growth and 12.05% 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 kr12.88.

PE Ratio

SPAREBANK 1 SR-BK has a trailing twelve months price to earnings ratio of 9.35. Meaning, the purchaser of the share is investing kr9.35 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 12.05%.

Moving Average

SPAREBANK 1 SR-BK’s worth is under its 50-day moving average of kr121.56 and above its 200-day moving average of kr115.77.

Revenue Growth

Year-on-year quarterly revenue growth grew by 8.3%, now sitting on 7.04B for the twelve trailing months.

Volume

Today’s last reported volume for SPAREBANK 1 SR-BK is 127197 which is 34.67% below its average volume of 194702.

More news about SPAREBANK 1 SR-BK.

4. SKUE SPAREBANK (SKUE.OL)

17% sales growth and 9.06% return on equity

Skue Sparebank provides various banking products and services for individual and business in Norway. The company offers operating, tax deduction, capital, client, deposit, and group accounts; business, construction, personal, vehicle, and small loans, as well as mortgage, bank guarantee, overdraft, and leasing services; and home and leisure, car and other vehicles, pet, company and employees, agriculture insurance products. It also provides savings and pension products; and online and mobile banking, bank card, and payment services. The company was formerly known as Nes Prestegjelds Sparebank and changed its name to Skue Sparebank in October 2013. Skue Sparebank was founded in 1842 and is based in Geilo, Norway.

Earnings Per Share

As for profitability, SKUE SPAREBANK has a trailing twelve months EPS of kr83.15.

PE Ratio

SKUE SPAREBANK has a trailing twelve months price to earnings ratio of 2.69. Meaning, the purchaser of the share is investing kr2.69 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 9.06%.

Sales Growth

SKUE SPAREBANK’s sales growth is 20% for the ongoing quarter and 17% for the next.

Growth Estimates Quarters

The company’s growth estimates for the current quarter is 26% and a drop 28.1% for the next.

More news about SKUE SPAREBANK.

5. MELEXIS (MELE.BR)

10.3% 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 17.47. Meaning, the purchaser of the share is investing €17.47 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%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

MELEXIS’s EBITDA is 3.76.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 4.2% and 8.3%, respectively.

More news about MELEXIS.

6. MULTICONSULT (MULTI.OL)

5.1% sales growth and 32.89% return on equity

Multiconsult ASA provides engineering design, consultancy, and architecture services in Norway and internationally. The company offers multidisciplinary consultancy, design, planning, project supervision and management, geotechnical site survey, verification and control, analysis and due diligence, construction management, geological investigations, environmental services and HSE, river basin management, hydrometry, and hydrological field work services. It serves buildings and properties, cities and society, industry, oil and gas, renewable energy, rail and transportation, and water and environment sectors. Multiconsult ASA was founded in 1908 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, MULTICONSULT has a trailing twelve months EPS of kr11.06.

PE Ratio

MULTICONSULT has a trailing twelve months price to earnings ratio of 13.52. Meaning, the purchaser of the share is investing kr13.52 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 32.89%.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Apr 14, 2023, the estimated forward annual dividend rate is 9 and the estimated forward annual dividend yield is 6.04%.

Yearly Top and Bottom Value

MULTICONSULT’s stock is valued at kr149.50 at 22:20 EST, under its 52-week high of kr159.50 and way above its 52-week low of kr114.80.

Earnings Before Interest, Taxes, Depreciation, and Amortization

MULTICONSULT’s EBITDA is 35.38.

More news about MULTICONSULT.

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