(VIANEWS) – SPAREBANK 1 SMN (MING.OL), ASML HOLDING (ASML.AS), JÆREN SPAREBANK (JAREN.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. SPAREBANK 1 SMN (MING.OL)
22.7% sales growth and 12.31% 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, car, boat, other vehicles, and consumer loans; refinancing; and current, savings, billing, business, group, tax deduction, currency, and deposit accounts. It also provides BSU house savings for young people; fixed interest deposits; stocks and investments; cash services; and payments. In addition, the company offers vehicle, housing and travel, person, animal, and valuables insurance services; property buying and selling advisory services; and mobile and online banking, and various cards. Further, it offers loans and financing, including bank guarantees, business and construction loans, operating credit for agriculture, factoring, guarantees, leasing, and overdrafts; various pension products; and business and personal insurance products. Additionally, the company provides document collection, letter of credit, future business, and currency option services; and services, including accounting and payroll, HR, taxes and duties, and transfer of ownership, as well as IT solutions. It offers real estate agency, advisory, and external and equity financing 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 kr11.65.
PE Ratio
SPAREBANK 1 SMN has a trailing twelve months price to earnings ratio of 11.79. Meaning, the purchaser of the share is investing kr11.79 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 12.31%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 37.2% and 38.1%, respectively.
Sales Growth
SPAREBANK 1 SMN’s sales growth is 26.5% for the present quarter and 22.7% for the next.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Mar 29, 2023, the estimated forward annual dividend rate is 6.5 and the estimated forward annual dividend yield is 4.73%.
More news about SPAREBANK 1 SMN.
2. ASML HOLDING (ASML.AS)
10.6% sales growth and 74.04% return on equity
ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems consisting of lithography, metrology, and inspection systems for memory and logic chipmakers. The company provides extreme ultraviolet lithography systems; and deep ultraviolet lithography systems comprising immersion and dry lithography solutions to manufacture various range of semiconductor nodes and technologies. It also offers metrology and inspection systems, including YieldStar optical metrology solutions to assess the quality of patterns on the wafers; and HMI e-beam solutions to locate and analyze individual chip defects. In addition, the company provides computational lithography and lithography process and control software solutions; and refurbishes and upgrades older lithography systems, as well as offers customer support and associated services. It operates in Japan, South Korea, Singapore, Taiwan, China, rest of Asia, the Netherlands, rest of Europe, the Middle East, Africa, and the United States. The company was formerly known as ASM Lithography Holding N.V. and changed its name to ASML Holding N.V. in 2001. ASML Holding N.V. was founded in 1984 and is headquartered in Veldhoven, the Netherlands.
Earnings Per Share
As for profitability, ASML HOLDING has a trailing twelve months EPS of €16.57.
PE Ratio
ASML HOLDING has a trailing twelve months price to earnings ratio of 38.52. Meaning, the purchaser of the share is investing €38.52 for every euro 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 74.04%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 29.7% and 2.8%, respectively.
Earnings Before Interest, Taxes, Depreciation, and Amortization
ASML HOLDING’s EBITDA is 102.55.
More news about ASML HOLDING.
3. JÆREN SPAREBANK (JAREN.OL)
6.2% sales growth and 9.2% return on equity
Jæren Sparebank provides various financial products and services in Norway. It offers accounts; bank guarantees, construction loans, overdrafts, leasing services, and corporate loans; payment and cards services; and savings and pension products. The company also provides liability, health, personal, occupational injuries, travel, accident, business, shop, property, craft, commercial, landlord, and vehicle insurance products, as well as insurance for farm building agriculture, and operating tools and crops. It serves construction, property, trade and services, and agriculture industries. The company is headquartered in Bryne, Norway.
Earnings Per Share
As for profitability, JÆREN SPAREBANK has a trailing twelve months EPS of kr21.37.
PE Ratio
JÆREN SPAREBANK has a trailing twelve months price to earnings ratio of 10.95. Meaning, the purchaser of the share is investing kr10.95 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 9.2%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter is 15.1% and a drop 1% for the next.
Yearly Top and Bottom Value
JÆREN SPAREBANK’s stock is valued at kr234.00 at 22:20 EST, way below its 52-week high of kr270.00 and way above its 52-week low of kr210.00.
Sales Growth
JÆREN SPAREBANK’s sales growth is negative 8.8% for the ongoing quarter and 6.2% for the next.
Revenue Growth
Year-on-year quarterly revenue growth grew by 32.1%, now sitting on 446.13M for the twelve trailing months.
More news about JÆREN SPAREBANK.
