SALMAR And 6 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – SALMAR (SALM.OL), SPAREBANKEN SØR (SOR.OL), SPBK1 ØSTFOLD AKE (SOAG.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 kr29.88.

PE Ratio

SALMAR has a trailing twelve months price to earnings ratio of 16.63. Meaning, the purchaser of the share is investing kr16.63 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%.

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 3.86%.

Yearly Top and Bottom Value

SALMAR’s stock is valued at kr496.90 at 22:20 EST, way below its 52-week high of kr727.50 and way above its 52-week low of kr305.00.

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2. SPAREBANKEN SØR (SOR.OL)

33.5% sales growth and 9.48% return on equity

Sparebanken Sør operates as an independent financial institution in Norway. It operates through two segments, Retail Market and Corporate Market. The company is involved in banking, securities trading, and real estate brokerage activities in Agder, Rogaland, Vestfold, and Telemark counties. It also provides leasing, mortgage, and property management services; and sells general insurance, occupational pension, and group life insurance products. The company was founded in 1824 and is headquartered in Kristiansand, Norway. Sparebanken Sør operates as a subsidiary of Sparebankstiftelsen Sparebanken Sør.

Earnings Per Share

As for profitability, SPAREBANKEN SØR has a trailing twelve months EPS of kr13.6.

PE Ratio

SPAREBANKEN SØR has a trailing twelve months price to earnings ratio of 9.12. Meaning, the purchaser of the share is investing kr9.12 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 9.48%.

Moving Average

SPAREBANKEN SØR’s worth is below its 50-day moving average of kr127.04 and under its 200-day moving average of kr128.42.

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3. 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 kr35.74.

PE Ratio

SPBK1 ØSTFOLD AKE has a trailing twelve months price to earnings ratio of 8.79. Meaning, the purchaser of the share is investing kr8.79 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%.

Yearly Top and Bottom Value

SPBK1 ØSTFOLD AKE’s stock is valued at kr314.00 at 22:20 EST, way below its 52-week high of kr368.00 and way higher than its 52-week low of kr280.00.

More news about SPBK1 ØSTFOLD AKE.

4. KONGSBERG GRUPPEN (KOG.OL)

13.3% sales growth and 20.54% return on equity

Kongsberg Gruppen ASA, together with its subsidiaries, provides high-tech systems and solutions primarily to customers in the maritime and defense markets. The company operates through three segments: Kongsberg Maritime, Kongsberg Defence & Aerospace, and Other. The Kongsberg Maritime segment offers solutions and systems for bridge and control systems, which include dynamic positioning, propulsion control, and navigation, as well as automation systems; energy solutions and ship design services; and propellers, thrusters, water jet systems, and systems for offshore manoeuvring of maritime vessels. This segment also provides winches for mooring, anchor handling, and special systems for offshore vessels, tugs, marine vessels, and various other classes of vessel, as well as cranes; hydroacoustics; autonomous underwater vessels and solutions for autonomous maritime vessels; and products related to fisheries, systems for underwater mapping, and sensors and solutions for specialist vessels. The Kongsberg Defence & Aerospace segment offers various systems and services to the defense industry. It provides air defense and combat systems, sonars, and navigation for marine vessels and submarines, as well as integrated command and control systems; remote tower solutions for airports; remote control weapon stations for land-based vehicles and marine vessels; products for military tactical communication; naval strike and air-to-surface missiles; and lightweight composite and titanium components for F-35 combat aircraft. This segment also offers components and services to the space industry, as well as port monitoring systems; and maintenance, repair, and overhaul services. The Other segment focuses on digitalization within the oil and gas, wind, and merchant marine markets. It operates primarily in Norway, Europe, North America, South America, Asia, Australia, and Africa. Kongsberg Gruppen ASA was founded in 1814 and is headquartered in Kongsberg, Norway.

Earnings Per Share

As for profitability, KONGSBERG GRUPPEN has a trailing twelve months EPS of kr17.73.

PE Ratio

KONGSBERG GRUPPEN has a trailing twelve months price to earnings ratio of 25.34. Meaning, the purchaser of the share is investing kr25.34 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 20.54%.

More news about KONGSBERG GRUPPEN.

5. WALLENIUS WILHELMS (WAWI.OL)

12.4% sales growth and 21.73% return on equity

Wallenius Wilhelmsen ASA, together with its subsidiaries, transports and handle cars, tractors, trains, and windmills. It operates through three segments: Shipping Services, Logistics Services, and Government Services. The company provides liner services through a fleet of modern and versatile RoRo vessels, which carry a mix of products, such as auto, construction, mining, agriculture machinery, and breakbulk products. In addition, it offers inland transportation services, as well as operates vehicle and equipment processing centres and inland distribution networks. The company serves agriculture, automotive, aviation, boats and yachts, breakbulk, commercial vehicles, construction, machinery and machine tools, mining, oil and gas, power and energy, and rail industries. It operates approximately 125 vessels servicing 15 trade routes. The company was founded in 1861 and is based in Lysaker, Norway.

Earnings Per Share

As for profitability, WALLENIUS WILHELMS has a trailing twelve months EPS of kr17.98.

PE Ratio

WALLENIUS WILHELMS has a trailing twelve months price to earnings ratio of 3.67. Meaning, the purchaser of the share is investing kr3.67 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 21.73%.

Moving Average

WALLENIUS WILHELMS’s value is way under its 50-day moving average of kr86.64 and way under its 200-day moving average of kr75.42.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Nov 9, 2022, the estimated forward annual dividend rate is 1.49 and the estimated forward annual dividend yield is 1.74%.

Yearly Top and Bottom Value

WALLENIUS WILHELMS’s stock is valued at kr66.00 at 22:20 EST, way under its 52-week high of kr103.00 and way above its 52-week low of kr47.60.

Sales Growth

WALLENIUS WILHELMS’s sales growth is 15.7% for the ongoing quarter and 12.4% for the next.

More news about WALLENIUS WILHELMS.

6. SPBK 1 NORDMØRE (SNOR.OL)

7.1% sales growth and 9.57% return on equity

SpareBank 1 Nordmøre provides various banking services in Norway. The company offers savings and deposit accounts; car, motorcycle, boat, and construction loans; and mortgages. It also provides business insurance products, which include liability, auto, mortgage, operating loss, asset, commercial, and project insurance products; personal insurance products, such as life, travel, and accidental insurance products; pension products; bank cards; payment and debt collection services; and mobile and online banking services. In addition, the company offers bank guarantees, trade credit products, and operating credit products for agriculture, as well as factoring, leasing, and repayment products and services. The company was founded in 1835 and is based in Kristiansund, Norway. SpareBank 1 Nordmøre is a subsidiary of SpareBank 1 Gruppen AS.

Earnings Per Share

As for profitability, SPBK 1 NORDMØRE has a trailing twelve months EPS of kr12.5.

PE Ratio

SPBK 1 NORDMØRE has a trailing twelve months price to earnings ratio of 9.76. Meaning, the purchaser of the share is investing kr9.76 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 9.57%.

Sales Growth

SPBK 1 NORDMØRE’s sales growth is 38.5% for the ongoing quarter and 7.1% for the next.

Revenue Growth

Year-on-year quarterly revenue growth grew by 52.3%, now sitting on 771M for the twelve trailing months.

Volume

Today’s last reported volume for SPBK 1 NORDMØRE is 634 which is 52.96% below its average volume of 1348.

Moving Average

SPBK 1 NORDMØRE’s worth is under its 50-day moving average of kr126.34 and below its 200-day moving average of kr126.03.

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7. LERØY SEAFOOD GP (LSG.OL)

5.6% 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 9.55. Meaning, the purchaser of the share is investing kr9.55 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%.

Sales Growth

LERØY SEAFOOD GP’s sales growth for the next quarter is 5.6%.

Moving Average

LERØY SEAFOOD GP’s worth is under its 50-day moving average of kr52.55 and below its 200-day moving average of kr53.31.

Revenue Growth

Year-on-year quarterly revenue growth grew by 26.2%, now sitting on 28.09B for the twelve trailing months.

Earnings Before Interest, Taxes, Depreciation, and Amortization

LERØY SEAFOOD GP’s EBITDA is 1.31.

More news about LERØY SEAFOOD GP.

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