(VIANEWS) – SPAREBANK 1 SR-BK (SRBNK.OL), SHELL PLC (SHELL.AS), HAFNIA LIMITED (HAFNI.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 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 7.89. Meaning, the purchaser of the share is investing kr7.89 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 15.14%.
More news about SPAREBANK 1 SR-BK.
2. SHELL PLC (SHELL.AS)
14.6% sales growth and 10.31% return on equity
Shell plc operates as an energy and petrochemical company Europe, Asia, Oceania, Africa, the United States, and Rest of the Americas. The company operates through Integrated Gas, Upstream, Marketing, Chemicals and Products, and Renewables and Energy Solutions segments. It explores for and extracts crude oil, natural gas, and natural gas liquids; markets and transports oil and gas; produces gas-to-liquids fuels and other products; and operates upstream and midstream infrastructure to deliver gas to market. The company also markets and trades natural gas, liquefied natural gas (LNG), crude oil, electricity, carbon-emission rights; and markets and sells LNG as a fuel for heavy-duty vehicles. In addition, it trades in and refines crude oil and other feed stocks, such as low-carbon fuels, lubricants, bitumen, sulphur, gasoline, diesel, aviation fuel, and marine fuel; produces and sells petrochemicals for industrial use; and manages oil sands activities. Further, the company produces base chemicals comprising ethylene, propylene, and aromatics, as well as intermediate chemicals, such as styrene monomer, propylene oxide, solvents, detergent alcohols, ethylene oxide, and ethylene glycol. Additionally, it generates electricity through wind and solar resources; produces and sells hydrogen; and provides electric vehicle charging services. The company was formerly known as Royal Dutch Shell plc and changed its name to Shell plc in January 2022. Shell plc was founded in 1907 and is headquartered in London, the United Kingdom.
Earnings Per Share
As for profitability, SHELL PLC has a trailing twelve months EPS of €2.52.
PE Ratio
SHELL PLC has a trailing twelve months price to earnings ratio of 13.03. Meaning, the purchaser of the share is investing €13.03 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 10.31%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is a negative 18.1% and positive 47.9% for the next.
Volume
Today’s last reported volume for SHELL PLC is 824806 which is 88.2% below its average volume of 6991070.
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3. HAFNIA LIMITED (HAFNI.OL)
14.2% sales growth and 33.9% return on equity
Hafnia Limited owns and operates oil product tankers in Bermuda. It operates through Long Range II, Long Range I, Medium Range (MR), Handy size, and Specialized segments. The company transports clean and dirty, refined oil products, vegetable oil, and easy chemicals to national and international oil companies, and chemical companies, as well as trading and utility companies; and owns and operates 200 vessels. It provides ship owning, ship-management, investment, management, corporate support, and agency office services. In addition, the company provides integrated shipping platform, including technical management, commercial and chartering services, pool management, and large-scale bunker desk services. Hafnia Limited is based in Hamilton, Bermuda.
Earnings Per Share
As for profitability, HAFNIA LIMITED has a trailing twelve months EPS of kr16.72.
PE Ratio
HAFNIA LIMITED has a trailing twelve months price to earnings ratio of 5.43. Meaning, the purchaser of the share is investing kr5.43 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 33.9%.
Moving Average
HAFNIA LIMITED’s value is way above its 50-day moving average of kr81.50 and way higher than its 200-day moving average of kr72.93.
Revenue Growth
Year-on-year quarterly revenue growth grew by 27.3%, now sitting on 2.84B for the twelve trailing months.
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4. SPAREBANK 1 SØRØ (SOON.OL)
6.2% sales growth and 10.62% return on equity
SpareBank 1 Sørøst-Norge provides various banking products and services for private and corporate customers in Norway. The company offers mobile and online banking, card, account, and payment services. It also provides mortgage, car, boat, consumer, and other vehicle loans as well as refinancing, micro savings, investment, pension, and property related services. In addition, the company offers daily operations, get paid, loans and financing, and pension related products. Further, it provides business and personnel insurance as well as savings and investment products. The company was founded in 1859 and is headquartered in Sandefjord, Norway.
Earnings Per Share
As for profitability, SPAREBANK 1 SØRØ has a trailing twelve months EPS of kr5.47.
PE Ratio
SPAREBANK 1 SØRØ has a trailing twelve months price to earnings ratio of 12.61. Meaning, the purchaser of the share is investing kr12.61 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 10.62%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Apr 19, 2024, the estimated forward annual dividend rate is 3.88 and the estimated forward annual dividend yield is 5.58%.
More news about SPAREBANK 1 SØRØ.
