(VIANEWS) – SELVAAG BOLIG (SBO.OL), SMARTCRAFT (SMCRT.OL), MELHUS SPAREBANK (MELG.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 10.91. Meaning, the purchaser of the share is investing kr10.91 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%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 13.4%, now sitting on 3.14B for the twelve trailing months.
Volume
Today’s last reported volume for SELVAAG BOLIG is 11809 which is 75.51% below its average volume of 48234.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Aug 15, 2023, the estimated forward annual dividend rate is 3 and the estimated forward annual dividend yield is 10.56%.
Yearly Top and Bottom Value
SELVAAG BOLIG’s stock is valued at kr28.15 at 12:20 EST, way below its 52-week high of kr39.85 and higher than its 52-week low of kr28.00.
More news about SELVAAG BOLIG.
2. SMARTCRAFT (SMCRT.OL)
18.1% sales growth and 11.51% return on equity
SmartCraft ASA provides software solutions to the construction industry in Norway, Sweden, and Finland. The company offers Cordel; Bygglet, a SaaS born in the cloud solution; EL-VIS, a solution for electricians; and Congrid, a cloud-based tool for project management in construction companies. It also provides HomeRun, a digital tool for construction, project communication, document, and procurement management; Kvalitetskontroll, a cloud-based project management solution and quality assurance platform for construction companies; El-verdi, a digital sales tool for electricians; and ELinn, a cloud based solution for electricians to handle project management services. The company was founded in 1987 and is headquartered in Hønefoss, Norway.
Earnings Per Share
As for profitability, SMARTCRAFT has a trailing twelve months EPS of kr0.54.
PE Ratio
SMARTCRAFT has a trailing twelve months price to earnings ratio of 38.89. Meaning, the purchaser of the share is investing kr38.89 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 11.51%.
Volume
Today’s last reported volume for SMARTCRAFT is 2400 which is 94.45% below its average volume of 43256.
Earnings Before Interest, Taxes, Depreciation, and Amortization
SMARTCRAFT’s EBITDA is 72.73.
More news about SMARTCRAFT.
3. MELHUS SPAREBANK (MELG.OL)
15.6% sales growth and 10.56% return on equity
Melhus Sparebank, a savings bank, provides various banking products and services to companies, agriculture customers, and private individuals in Norway. The company offers savings accounts; construction and business loans; bank guarantee, overdraft, and leasing services; and credit and bank cards. It also provides various insurance products for liability, health, personnel, occupational injury, travel, accident, business, store, data attack, property damage, craftsman, homeowners, office, vehicle, and farms; savings and pension products; payment services; and online and mobile banking services. The company operates through branch offices in central Trondheim, Heimdal, Ler, and Korsvegen. Melhus Sparebank was founded in 1840 and is headquartered in Melhus, Norway.
Earnings Per Share
As for profitability, MELHUS SPAREBANK has a trailing twelve months EPS of kr16.44.
PE Ratio
MELHUS SPAREBANK has a trailing twelve months price to earnings ratio of 9.73. Meaning, the purchaser of the share is investing kr9.73 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 10.56%.
Yearly Top and Bottom Value
MELHUS SPAREBANK’s stock is valued at kr160.00 at 12:20 EST, below its 52-week high of kr177.00 and way higher than its 52-week low of kr142.00.
Volume
Today’s last reported volume for MELHUS SPAREBANK is 300 which is 26.82% below its average volume of 410.
Moving Average
MELHUS SPAREBANK’s value is above its 50-day moving average of kr158.54 and below its 200-day moving average of kr160.82.
Sales Growth
MELHUS SPAREBANK’s sales growth is 16.3% for the present quarter and 15.6% for the next.
More news about MELHUS SPAREBANK.
4. PROTECTOR FORSIKRG (PROT.OL)
15.2% sales growth and 37.86% return on equity
Protector Forsikring ASA, a general insurance company, provides various insurance products to the commercial and public sectors, and the affinity insurance markets in Norway, Denmark, Sweden, the United Kingdom, and Finland. It operates in Commercial Lines of Business and Public Lines of Business segments. The company offers personal, motor, property, liability, and change of ownership insurance. It sells its products to non-marine industries through insurance brokers. Protector Forsikring ASA was founded in 2003 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, PROTECTOR FORSIKRG has a trailing twelve months EPS of kr15.18.
PE Ratio
PROTECTOR FORSIKRG has a trailing twelve months price to earnings ratio of 11.7. Meaning, the purchaser of the share is investing kr11.7 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 37.86%.
Yearly Top and Bottom Value
PROTECTOR FORSIKRG’s stock is valued at kr177.60 at 12:20 EST, under its 52-week high of kr181.00 and way above its 52-week low of kr109.20.
Moving Average
PROTECTOR FORSIKRG’s worth is above its 50-day moving average of kr170.67 and way higher than its 200-day moving average of kr154.01.
Volume
Today’s last reported volume for PROTECTOR FORSIKRG is 56172 which is 48.23% below its average volume of 108503.
More news about PROTECTOR FORSIKRG.
5. SPAREBANKEN ØST (SPOG.OL)
11.3% sales growth and 7.72% return on equity
Sparebanken Øst operates as a savings bank in Eastern Norway. The company offers financial products, such as savings, credit, and payment products; current accounts; home mortgage loans; and mortgage loans for new and used cars. It also provides vehicles, houses and contents, boats, and leisure insurance products, as well as life and health insurance products; and shares and funds trading services. In addition, the company buys, sells, and stores cryptocurrencies, as well as operates, manages, leases, and sells real estate properties. The company was founded in 1843 and is headquartered in Drammen, Norway.
Earnings Per Share
As for profitability, SPAREBANKEN ØST has a trailing twelve months EPS of kr5.56.
PE Ratio
SPAREBANKEN ØST has a trailing twelve months price to earnings ratio of 8.51. Meaning, the purchaser of the share is investing kr8.51 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 7.72%.
Yearly Top and Bottom Value
SPAREBANKEN ØST’s stock is valued at kr47.30 at 12:20 EST, under its 52-week high of kr52.00 and higher than its 52-week low of kr43.10.
Volume
Today’s last reported volume for SPAREBANKEN ØST is 3363 which is 49.48% below its average volume of 6658.
Sales Growth
SPAREBANKEN ØST’s sales growth is 31% for the present quarter and 11.3% for the next.
More news about SPAREBANKEN ØST.
6. SPAREBANK 1 SR-BK (SRBNK.OL)
6.3% sales growth and 13.14% 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 kr14.38.
PE Ratio
SPAREBANK 1 SR-BK has a trailing twelve months price to earnings ratio of 8.67. Meaning, the purchaser of the share is investing kr8.67 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 13.14%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Apr 14, 2023, the estimated forward annual dividend rate is 7 and the estimated forward annual dividend yield is 5.66%.
Volume
Today’s last reported volume for SPAREBANK 1 SR-BK is 105241 which is 2.73% below its average volume of 108202.
Sales Growth
SPAREBANK 1 SR-BK’s sales growth is 28.2% for the current quarter and 6.3% for the next.
More news about SPAREBANK 1 SR-BK.
