(VIANEWS) – SPAREBANKEN MØRE (MORG.OL), PROTECTOR FORSIKRG (PROT.OL), SCHLUMBERGER (SLB.PA) 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)
30.3% sales growth and 9.92% return on equity
Sparebanken Møre, together with its subsidiaries, provides banking services for retail and corporate customers primarily in Møre og Romsdal, Norway. It operates through Corporate, Retail, and Real Estate Brokerage segments. The company offers services in the areas of funding, deposits and other forms of investments, asset management, financial advisory, money transfer, currency and interest rate trading, 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 kr29.98.
PE Ratio
SPAREBANKEN MØRE has a trailing twelve months price to earnings ratio of 2.82. Meaning, the purchaser of the share is investing kr2.82 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 9.92%.
Volume
Today’s last reported volume for SPAREBANKEN MØRE is 8246 which is 37.18% below its average volume of 13128.
2. PROTECTOR FORSIKRG (PROT.OL)
16.2% sales growth and 24.01% 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 two segments, Commercial Lines of Business and Public Lines of Business. The company offers personal, motor, property, liability, and change of ownership insurance. It sells its products to non-marine industries through insurance brokers. The company 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 kr23.84.
PE Ratio
PROTECTOR FORSIKRG has a trailing twelve months price to earnings ratio of 6.03. Meaning, the purchaser of the share is investing kr6.03 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 24.01%.
3. SCHLUMBERGER (SLB.PA)
14.8% sales growth and 20.99% return on equity
Schlumberger Limited engages in the provision of technology for the energy industry worldwide. The company operates through four divisions: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems. The company provides field development and hydrocarbon production, carbon management, integration of adjacent energy systems; reservoir interpretation and data processing services for exploration data; and well construction and production improvement services and products. It also offers subsurface geology and fluids evaluation information; open and cased hole services; exploration and production pressure, and flow-rate measurement services; and pressure pumping, well stimulation, and coiled tubing equipment solutions. In addition, the company offers mud logging, directional drilling, measurement-while-drilling, and logging-while-drilling services, as well as engineering support services; supplies drilling fluid systems; designs, manufactures, and markets roller cone and fixed cutter drill bits; bottom-hole-assembly and borehole enlargement technologies; well cementing products and services; well planning, well drilling, engineering, supervision, logistics, procurement, and contracting of third parties, as well as drilling rig management solutions; and drilling equipment and services, as well as land drilling rigs and related services. Further, it provides artificial lift production equipment and optimization services; supplies packers, safety valves, sand control technology, and various intelligent well completions technology and equipment; designs and manufactures valves, chokes, actuators, and surface trees; and OneSubsea an integrated solutions, products, systems, and services, including wellheads, subsea trees, manifolds and flowline connectors, control systems, connectors, and services. The company was formerly known as Socie´te´ de Prospection E´lectrique. Schlumberger Limited was founded in 1926 and is based in Houston, Texas.
Earnings Per Share
As for profitability, SCHLUMBERGER has a trailing twelve months EPS of €-1.7.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 20.99%.
4. WALLENIUS WILHELMS (WAWI.OL)
12.4% sales growth and 25.19% return on equity
Wallenius Wilhelmsen ASA, together with its subsidiaries, provides roll-on roll-off (RoRo) shipping and vehicle logistics services worldwide. It operates through three segments: Shipping Services, Logistics Services, and Government Services. The company provides liner services through a fleet of approximately 50 modern and versatile RoRo vessels, which carry a mix of products, such as auto, construction, mining, agriculture machinery, and breakbulk products. It also offers inland transportation, supply chain management, and terminal services, as well as operates vehicle and equipment processing centres in key ports. The company provides its services principally under the Wallenius Wilhelmsen Ocean, Wallenius Wilhelmsen Solutions, EUKOR, ARC, Armacup, and Keen brands. The company serves agriculture, automotive, aviation, boats and yachts, breakbulk, commercial vehicles, construction, machinery and machine tools, mining, oil and gas, power and energy, and rail industries. It operates approximately 130 vessels servicing 15 trade routes. The company was founded in 1861 and is headquartered in Lysaker, Norway.
Earnings Per Share
As for profitability, WALLENIUS WILHELMS has a trailing twelve months EPS of kr-5.61.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 25.19%.
Volume
Today’s last reported volume for WALLENIUS WILHELMS is 48085 which is 84.01% below its average volume of 300726.
Moving Average
WALLENIUS WILHELMS’s worth is way below its 50-day moving average of kr90.05 and higher than its 200-day moving average of kr74.62.
Sales Growth
WALLENIUS WILHELMS’s sales growth is 15.7% for the ongoing quarter and 12.4% for the next.
5. SPBK1 RINGERIKE (RING.OL)
11.1% sales growth and 9.9% 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 kr22.77.
PE Ratio
SPBK1 RINGERIKE has a trailing twelve months price to earnings ratio of 14.32. Meaning, the purchaser of the share is investing kr14.32 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 9.9%.
Volume
Today’s last reported volume for SPBK1 RINGERIKE is 36 which is 97.31% below its average volume of 1343.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Mar 28, 2022, the estimated forward annual dividend rate is 16.2 and the estimated forward annual dividend yield is 4.94%.
