(VIANEWS) – SCATEC (SCATC.OL), SPAREBANK 1 SR-BK (SRBNK.OL), SPAREBANK 1 SMN (MING.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. SCATEC (SCATC.OL)
111% sales growth and 11.65% return on equity
Scatec ASA, together with its subsidiaries, provides renewable energy solutions worldwide. The company operates through Power Production; Services; and Development & Construction segments. It produces and sells solar, winds, and hydro generated electricity. The company also develops, builds, owns, and operates solar, wind, and hydro power plants and storage solutions. The company is also involved in the engineering, procurement, and construction, as well as operation, maintenance, and asset management of power plants. It has a total of 4.2 GW in operation and under construction. The company was formerly known as Scatec Solar ASA and changed its name to Scatec ASA in November 2020. Scatec ASA was incorporated in 2007 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, SCATEC has a trailing twelve months EPS of kr4.24.
PE Ratio
SCATEC has a trailing twelve months price to earnings ratio of 18.09. Meaning, the purchaser of the share is investing kr18.09 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 11.65%.
Volume
Today’s last reported volume for SCATEC is 104776 which is 68.97% below its average volume of 337762.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter is a negative 36.8% and positive 528.6% for the next.
More news about SCATEC.
2. SPAREBANK 1 SR-BK (SRBNK.OL)
21.7% sales growth and 15.14% return on equity
SpareBank 1 SR-Bank ASA, together with its subsidiaries, provides various financial products and services for personal and corporate customers primarily in Rogaland, Agder, Vestland, Oslo, and Viken. The company operates through Retail Customers, SME & Agriculture, and Large Corporates segments. It offers savings, loans, insurance, and pension products. The company also provides account and payment, international cash management, foreign exchange, administrative securities, accounting, estate agency, payroll, HR, securities trading, and investment services; green loans; credit cards; consulting; home financing; commercial properties for leasing; and banking services. In addition, it facilitates and advises 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 serves retail and corporate, SME, 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 kr17.22.
PE Ratio
SPAREBANK 1 SR-BK has a trailing twelve months price to earnings ratio of 7.86. Meaning, the purchaser of the share is investing kr7.86 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 15.14%.
Moving Average
SPAREBANK 1 SR-BK’s worth is higher than its 50-day moving average of kr133.08 and higher than its 200-day moving average of kr127.35.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Apr 19, 2024, the estimated forward annual dividend rate is 7.5 and the estimated forward annual dividend yield is 5.57%.
Volume
Today’s last reported volume for SPAREBANK 1 SR-BK is 58150 which is 62.43% below its average volume of 154781.
More news about SPAREBANK 1 SR-BK.
3. SPAREBANK 1 SMN (MING.OL)
12.8% sales growth and 15.64% return on equity
SpareBank 1 SMN, together with its subsidiaries, provides various banking, accounting, and real estate products and services to private individuals and companies in Norway and internationally. The company offers mortgage, vehicle, green, move, consumer and other loans; refinancing; and placement, group, savings, business, group, tax deduction, currency, and deposit accounts. It also provides BSU house savings for young people; fixed interest deposits; savings and investments; cash services; and payments. In addition, the company offers car, home, personal, animal, vehicle, and travel insurance services; property buying and selling advisory services; and mobile and online banking, and various cards. Further, it offers loans for car, vehicles, and trailers, bank guarantees, business and construction loans, operating credit for agriculture, factoring, leasing, and overdrafts; various pension products; and business and personal insurance products. Additionally, the company provides documentary collection, letter of credit, forward contracts, and foreign currency account services; and accounting, HR services, taxes and duties, transactional advice, and IT solutions services. It offers money transfer, capital and investment management, advisory, interest rate and currency hedging, and investment of surplus liquidity services. SpareBank 1 SMN was founded in 1823 and is headquartered in Trondheim, Norway.
Earnings Per Share
As for profitability, SPAREBANK 1 SMN has a trailing twelve months EPS of kr17.53.
PE Ratio
SPAREBANK 1 SMN has a trailing twelve months price to earnings ratio of 8.52. Meaning, the purchaser of the share is investing kr8.52 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 15.64%.
Sales Growth
SPAREBANK 1 SMN’s sales growth is 15.2% for the present quarter and 12.8% for the next.
Volume
Today’s last reported volume for SPAREBANK 1 SMN is 139376 which is 20.63% above its average volume of 115532.
Yearly Top and Bottom Value
SPAREBANK 1 SMN’s stock is valued at kr149.32 at 12:20 EST, under its 52-week high of kr151.34 and way higher than its 52-week low of kr126.60.
More news about SPAREBANK 1 SMN.
4. DNB BANK (DNB.OL)
12% sales growth and 15.02% return on equity
DNB Bank ASA provides financial services for individual and business customers in Norway and internationally. The company offers savings, current, and pension accounts; fixed rate and security deposits; home and cabin mortgages, car and consumer loans, business loans, and refinancing; car, house, home contents, travel, personal, and non-life insurance product; payment services; and online and mobile banking services, as well as cards. It also provides overdraft facilities; leasing services; factoring, supply chain, and receivable purchase financing services; bank guarantee, secure trading, documentary collection, and letter of credit services; investment banking services, such as mergers and acquisition, equity and debt capital market, shares and securities, mutual funds and trading, and bonds and commodities; and private financing, as well as equity trading, foreign exchange, interest rates, and risk advisory services. In addition, the company offers treasury management, working capital, trade finance, auto lease and equipment financing, and corporate finance services, as well as act as an estate agents. DNB Bank ASA was founded in 1822 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, DNB BANK has a trailing twelve months EPS of kr24.82.
PE Ratio
DNB BANK has a trailing twelve months price to earnings ratio of 8.29. Meaning, the purchaser of the share is investing kr8.29 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 15.02%.
Moving Average
DNB BANK’s value is higher than its 50-day moving average of kr202.30 and higher than its 200-day moving average of kr193.35.
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5. SONAE (SON.LS)
10.5% sales growth and 9.35% return on equity
Sonae, SGPS, S.A. engages in retail, financial services, technology, shopping center, and telecommunications businesses. The company operates hypermarkets under the Continente brand; convenience supermarkets under the Continente Modelo and Continente Bom Dia brands; franchised supermarkets under the Meu Super brand; cafeteria under the Bagga brand; healthy food supermarkets and restaurants under the Go Natural brand; book shops and stationery under the Make Notes and Note! brands; health, well-being, and eye care centers under the Well´s brand; and dental and aesthetic medicine clinics under the Dr. Well's brand, as well as provides dog and cat products and services under the ZU brand. It also offers clothing, footwear, and accessories under the MO brand; baby and children clothing, footwear, and accessories, as well as childcare products under the Zippy and Losan brands; and jeans, clothing, and accessories under the Salsa brand. In addition, the company sells consumer electronics and entertainment products under the Worten brand; and mobile telecommunications products under the Worten Mobile brand, as well as develops real estate properties. Further, it offers payments, cards, personal loans, and insurance under the Universo brand; financing online purchases under the Universo Flex brand; and meal vouchers, gifting, and rewarding under the Da cards brand, as well as operates sports retail stores under JD, Sprinter, and Size? brand names. Additionally, the company provides telecommunication services to residential, personal, corporate, and wholesale markets; and investment management activities. It operates in Portugal, Spain, France, the United Kingdom, Germany, Italy, Romania, Brazil, Mexico, the Netherlands, and internationally. Sonae, SGPS, S.A. was founded in 1959 and is headquartered in Maia, Portugal. Sonae, SGPS, S.A. operates as a subsidiary of Efanor Investimentos SGPS, SA.
Earnings Per Share
As for profitability, SONAE has a trailing twelve months EPS of €0.19.
PE Ratio
SONAE has a trailing twelve months price to earnings ratio of 5.08. Meaning, the purchaser of the share is investing €5.08 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 9.35%.
Sales Growth
SONAE’s sales growth is 25.6% for the present quarter and 10.5% for the next.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on May 12, 2023, the estimated forward annual dividend rate is 0.05 and the estimated forward annual dividend yield is 5.65%.
Volume
Today’s last reported volume for SONAE is 5286470 which is 118.17% above its average volume of 2423070.
More news about SONAE.
