(VIANEWS) – SPAREBANKEN MØRE (MORG.OL), ING GROEP N.V. (INGA.AS), SPBK1 RINGERIKE (RING.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. SPAREBANKEN MØRE (MORG.OL)
28.7% sales growth and 10.71% 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 kr15.52.
PE Ratio
SPAREBANKEN MØRE has a trailing twelve months price to earnings ratio of 4.92. Meaning, the purchaser of the share is investing kr4.92 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 10.71%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 20.7%, now sitting on 1.84B for the twelve trailing months.
Volume
Today’s last reported volume for SPAREBANKEN MØRE is 935 which is 98.68% below its average volume of 71005.
Moving Average
SPAREBANKEN MØRE’s worth is higher than its 50-day moving average of kr76.11 and under its 200-day moving average of kr77.80.
Sales Growth
SPAREBANKEN MØRE’s sales growth is 34.1% for the present quarter and 28.7% for the next.
More news about SPAREBANKEN MØRE.
2. ING GROEP N.V. (INGA.AS)
24.2% sales growth and 25.17% return on equity
ING Groep N.V., a financial institution, provides various banking products and services in the Netherlands, Belgium, Rest of Europe, North America, Latin America, Asia, and Australia. It operates in six segments: Retail Netherlands, Retail Belgium, Retail Germany, Retail Other, Wholesale Banking, and Corporate Line Banking. The company accepts various deposits, such as current and savings accounts. It also offers business lending products; consumer lending products, such as residential mortgage loans, term loans, and other consumer lending loans; and secured and unsecured lending services. in addition, the company provides debt capital market, working capital solutions, export finance, daily banking, treasury and risk, and corporate finance solutions; and specialized lending, debt and equity market solutions, payments and cash management, and trade and treasury services, as well as savings, investment, insurance, mortgage, and digital banking services; and SME loans. It serves individual customers, corporate clients, and financial institutions. ING Groep N.V. was founded in 1762 and is headquartered in Amsterdam, the Netherlands.
Earnings Per Share
As for profitability, ING GROEP N.V. has a trailing twelve months EPS of €1.37.
PE Ratio
ING GROEP N.V. has a trailing twelve months price to earnings ratio of 9.62. Meaning, the purchaser of the share is investing €9.62 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 25.17%.
Volume
Today’s last reported volume for ING GROEP N.V. is 2941870 which is 72.67% below its average volume of 10764400.
More news about ING GROEP N.V..
3. 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 kr26.66.
PE Ratio
SPBK1 RINGERIKE has a trailing twelve months price to earnings ratio of 11.93. Meaning, the purchaser of the share is investing kr11.93 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 10.56%.
More news about SPBK1 RINGERIKE.
4. VOLUE (VOLUE.OL)
17.4% sales growth and 3.91% return on equity
Volue ASA, together with its subsidiaries, engages in the provision of software and technology solutions for the energy, power grid, and infrastructure markets worldwide. It operates in three segments: Energy, Power Grid, and Infrastructure. The Energy segment offers software solutions and consulting services related to forecasting and optimization of the different energy markets that enables end-to-end optimization of the green energy value-chain. The Power Grid segment provides software solutions and consulting services that enables power distributors to support electrification of society by unlocking flexibility and digital management of the power grid. The Infrastructure segment offers software solutions and consulting services that delivers flexible solutions for digital water management. This segment is also involved in the automation of processes and machines for the construction industry. Volue ASA was incorporated in 2019 and is headquartered in Oslo, Norway. Volue ASA operates as a subsidiary of Arendals Fossekompani ASA.
Earnings Per Share
As for profitability, VOLUE has a trailing twelve months EPS of kr0.22.
PE Ratio
VOLUE has a trailing twelve months price to earnings ratio of 95.68. Meaning, the purchaser of the share is investing kr95.68 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 3.91%.
Sales Growth
VOLUE’s sales growth is 15.3% for the present quarter and 17.4% for the next.
Yearly Top and Bottom Value
VOLUE’s stock is valued at kr21.05 at 02:20 EST, way below its 52-week high of kr33.45 and way higher than its 52-week low of kr16.00.
Moving Average
VOLUE’s worth is way above its 50-day moving average of kr18.42 and way under its 200-day moving average of kr24.53.
More news about VOLUE.
