(VIANEWS) – SELVAAG BOLIG (SBO.OL), SALMAR (SALM.OL), 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. SELVAAG BOLIG (SBO.OL)
133% sales growth and 10.32% return on equity
Selvaag Bolig ASA, a housing development company, engages in the development, construction, and sale of residential properties in Greater Oslo, Bergen, Stavanger, Trondheim, and Stockholm. The company also offers project management services. Selvaag Bolig ASA was incorporated in 2008 and is headquartered in Oslo, Norway. Selvaag Bolig ASA is a subsidiary of Selvaag AS.
Earnings Per Share
As for profitability, SELVAAG BOLIG has a trailing twelve months EPS of kr2.58.
PE Ratio
SELVAAG BOLIG has a trailing twelve months price to earnings ratio of 10.5. Meaning, the purchaser of the share is investing kr10.5 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 10.32%.
More news about SELVAAG BOLIG.
2. SALMAR (SALM.OL)
35.5% 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 kr6.66.
PE Ratio
SALMAR has a trailing twelve months price to earnings ratio of 79.82. Meaning, the purchaser of the share is investing kr79.82 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%.
Moving Average
SALMAR’s value is higher than its 50-day moving average of kr529.05 and way above its 200-day moving average of kr466.74.
Revenue Growth
Year-on-year quarterly revenue growth grew by 41.2%, now sitting on 23.85B for the twelve trailing months.
Sales Growth
SALMAR’s sales growth is 49.2% for the current quarter and 35.5% for the next.
Earnings Before Interest, Taxes, Depreciation, and Amortization
SALMAR’s EBITDA is 35.02.
More news about SALMAR.
3. ITERA (ITERA.OL)
12.4% sales growth and 86.07% 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 kr0.76.
PE Ratio
ITERA has a trailing twelve months price to earnings ratio of 15.39. Meaning, the purchaser of the share is investing kr15.39 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 86.07%.
Moving Average
ITERA’s worth is under its 50-day moving average of kr12.71 and way below its 200-day moving average of kr13.96.
Yearly Top and Bottom Value
ITERA’s stock is valued at kr11.70 at 11:20 EST, way under its 52-week high of kr16.50 and above its 52-week low of kr10.80.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on May 25, 2023, the estimated forward annual dividend rate is 0.3 and the estimated forward annual dividend yield is 2.58%.
More news about ITERA.
4. SKUE SPAREBANK (SKUE.OL)
11.9% sales growth and 9.5% 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, consumer, car, other vehicle, and small loans, as well as mortgage, bank guarantee, factoring, overdraft, and leasing services; and home and leisure, car and other vehicles, animal, 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 kr85.05.
PE Ratio
SKUE SPAREBANK has a trailing twelve months price to earnings ratio of 2.59. Meaning, the purchaser of the share is investing kr2.59 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 9.5%.
Sales Growth
SKUE SPAREBANK’s sales growth for the next quarter is 11.9%.
Volume
Today’s last reported volume for SKUE SPAREBANK is 279 which is 49.08% below its average volume of 548.
Yearly Top and Bottom Value
SKUE SPAREBANK’s stock is valued at kr220.00 at 11:20 EST, way below its 52-week high of kr246.00 and way higher than its 52-week low of kr198.00.
More news about SKUE SPAREBANK.
5. SPBK1 RINGERIKE (RING.OL)
9.7% sales growth and 10.68% return on equity
SpareBank 1 Ringerike Hadeland provides various banking products and services to private and corporate customers in Norway. The company offers saving, current, deposit, and currency accounts; vehicle, house and travel, and animal insurance products, as well as life, child, disability, critical illness, accident, health, and business and personal insurance products; mobile and online banking services; and debit and credit cards. It also provides mortgages; car, boat, and other vehicles; consumer and other loans; and bank guarantees, corporate and construction loans, liquidity loans with a government guarantee, and operating credit for agriculture, as well as factoring, leasing, and overdraft services. In addition, the company offers services for buying and selling property; accounting services; pension products; and savings and investment products. The company was founded in 1833 and is based in Hønefoss, Norway.
Earnings Per Share
As for profitability, SPBK1 RINGERIKE has a trailing twelve months EPS of kr27.15.
PE Ratio
SPBK1 RINGERIKE has a trailing twelve months price to earnings ratio of 10.76. Meaning, the purchaser of the share is investing kr10.76 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 10.68%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 16%, now sitting on 1.01B for the twelve trailing months.
Volume
Today’s last reported volume for SPBK1 RINGERIKE is 325 which is 36.02% below its average volume of 508.
More news about SPBK1 RINGERIKE.
