(VIANEWS) – SELVAAG BOLIG (SBO.OL), SPBK1 ØSTFOLD AKE (SOAG.OL), OKEA (OKEA.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)
132.6% 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 11.05. Meaning, the purchaser of the share is investing kr11.05 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%.
Volume
Today’s last reported volume for SELVAAG BOLIG is 89916 which is 59.87% above its average volume of 56242.
Sales Growth
SELVAAG BOLIG’s sales growth is negative 52.8% for the present quarter and 132.6% for the next.
Dividend Yield
As stated 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 10.53%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
SELVAAG BOLIG’s EBITDA is 1.5.
More news about SELVAAG BOLIG.
2. SPBK1 ØSTFOLD AKE (SOAG.OL)
36.1% sales growth and 11.66% 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 kr39.16.
PE Ratio
SPBK1 ØSTFOLD AKE has a trailing twelve months price to earnings ratio of 7.97. Meaning, the purchaser of the share is investing kr7.97 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 11.66%.
Moving Average
SPBK1 ØSTFOLD AKE’s value is under its 50-day moving average of kr315.68 and under its 200-day moving average of kr314.40.
Yearly Top and Bottom Value
SPBK1 ØSTFOLD AKE’s stock is valued at kr312.00 at 07:20 EST, way below its 52-week high of kr348.00 and way above its 52-week low of kr280.00.
More news about SPBK1 ØSTFOLD AKE.
3. OKEA (OKEA.OL)
33.2% sales growth and 35.99% return on equity
OKEA ASA, an oil and gas company, engages in the development and production of oil and gas in the Norwegian continental shelf. The company holds 44.56% interests in Draugen, 12% interests in Gjøa, 9.2385% interests in Ivar Aasen, 6% interests in Nova, and 15% interests in Yme assets. OKEA ASA was incorporated in 2015 and is headquartered in Trondheim, Norway.
Earnings Per Share
As for profitability, OKEA has a trailing twelve months EPS of kr7.02.
PE Ratio
OKEA has a trailing twelve months price to earnings ratio of 5.46. Meaning, the purchaser of the share is investing kr5.46 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 35.99%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 30.9%, now sitting on 8.2B for the twelve trailing months.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Sep 1, 2023, the estimated forward annual dividend rate is 4 and the estimated forward annual dividend yield is 10.18%.
Sales Growth
OKEA’s sales growth is negative 19% for the current quarter and 33.2% for the next.
Yearly Top and Bottom Value
OKEA’s stock is valued at kr38.30 at 07:20 EST, way below its 52-week high of kr47.70 and way higher than its 52-week low of kr25.85.
More news about OKEA.
4. SPBK1 RINGERIKE (RING.OL)
21.7% sales growth and 10.56% 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 kr27.14.
PE Ratio
SPBK1 RINGERIKE has a trailing twelve months price to earnings ratio of 10.98. Meaning, the purchaser of the share is investing kr10.98 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%.
Moving Average
SPBK1 RINGERIKE’s worth is below its 50-day moving average of kr320.32 and below its 200-day moving average of kr323.98.
Yearly Top and Bottom Value
SPBK1 RINGERIKE’s stock is valued at kr298.00 at 07:20 EST, below its 52-week low of kr304.00.
More news about SPBK1 RINGERIKE.
5. HOLLAND COLOURS (HOLCO.AS)
13.8% sales growth and 10.07% return on equity
Holland Colours N.V., together with its subsidiaries, manufactures, distributes, and sells color concentrates in Europe, the Middle East, India, Africa, the Americas, and Asia. The company offers colorants for the building and construction industry, including profiles, pipes, tubing and fittings, siding and cladding, decking, fencing, window blinds, and insulation, as well as solutions for a range of polymers. It also provides colorants for packaging applications comprising water, carbonated soft drinks, fruit juices, dairy, beer, wine, detergents, pharmaceutical, and personal care products. In addition, the company offers coatings, sealants, or adhesives; and colorants for other markets, such as shopping bags, polybags, mulch films, OPP tapes, PU flexible foams, synthetic leather, fiber glass and buttons, paving blocks, artificial stones, cast PMMA, PP non-woven and spunbond, coatings, flexible PVCs, prosthetics, glass fiber reinforced nylon, and silicone rubber and elastomers. It sells its products through a network of agents and distributors. The company was founded in 1979 and is headquartered in Apeldoorn, the Netherlands. Holland Colours N.V. is a subsidiary of Holland Pigments BV.
Earnings Per Share
As for profitability, HOLLAND COLOURS has a trailing twelve months EPS of €6.82.
PE Ratio
HOLLAND COLOURS has a trailing twelve months price to earnings ratio of 13.93. Meaning, the purchaser of the share is investing €13.93 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 10.07%.
Yearly Top and Bottom Value
HOLLAND COLOURS’s stock is valued at €95.00 at 07:20 EST, way under its 52-week high of €142.00 and above its 52-week low of €91.00.
Moving Average
HOLLAND COLOURS’s value is under its 50-day moving average of €101.25 and way below its 200-day moving average of €115.04.
Sales Growth
HOLLAND COLOURS’s sales growth is 13.8% for the ongoing quarter and 13.8% for the next.
More news about HOLLAND COLOURS.
6. ITERA (ITERA.OL)
12.4% sales growth and 97.07% 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 kr0.79.
PE Ratio
ITERA has a trailing twelve months price to earnings ratio of 15.25. Meaning, the purchaser of the share is investing kr15.25 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 97.07%.
Moving Average
ITERA’s worth is way below its 50-day moving average of kr14.88 and way below its 200-day moving average of kr14.20.
Dividend Yield
As stated 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 2.24%.
Yearly Top and Bottom Value
ITERA’s stock is valued at kr12.05 at 07:20 EST, way under its 52-week high of kr16.50 and way above its 52-week low of kr10.95.
More news about ITERA.
7. MULTICONSULT (MULTI.OL)
10% sales growth and 34.44% 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 kr11.58.
PE Ratio
MULTICONSULT has a trailing twelve months price to earnings ratio of 11.74. Meaning, the purchaser of the share is investing kr11.74 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 34.44%.
Dividend Yield
According to 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 6.52%.
Sales Growth
MULTICONSULT’s sales growth for the next quarter is 10%.
Moving Average
MULTICONSULT’s worth is below its 50-day moving average of kr146.36 and below its 200-day moving average of kr145.37.
Volume
Today’s last reported volume for MULTICONSULT is 4177 which is 12.96% below its average volume of 4799.
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8. SPAREBANKEN MØRE (MORG.OL)
6.5% sales growth and 11.3% return on equity
Sparebanken Møre, together with its subsidiaries, provides banking services for retail and corporate customers in Norway. It operates through Retail and Real Estate Brokerage segments. The company offers services in the areas of financing, deposits and other forms of investments, payment transfers, financial advisory services, asset management, insurance, and real estate brokerage. Sparebanken Møre was founded in 1843 and is headquartered in Ålesund, Norway.
Earnings Per Share
As for profitability, SPAREBANKEN MØRE has a trailing twelve months EPS of kr16.2.
PE Ratio
SPAREBANKEN MØRE has a trailing twelve months price to earnings ratio of 4.82. Meaning, the purchaser of the share is investing kr4.82 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 11.3%.
Yearly Top and Bottom Value
SPAREBANKEN MØRE’s stock is valued at kr78.05 at 07:20 EST, way under its 52-week high of kr88.88 and way above its 52-week low of kr67.98.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 38.5% and 0.4%, respectively.
Sales Growth
SPAREBANKEN MØRE’s sales growth is 30% for the current quarter and 6.5% for the next.
Moving Average
SPAREBANKEN MØRE’s value is higher than its 50-day moving average of kr76.46 and below its 200-day moving average of kr78.36.
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