(VIANEWS) – SPAREBANKEN MØRE (MORG.OL), SPAREBANKEN SØR (SOR.OL), 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)
32% 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 2.62. Meaning, the purchaser of the share is investing kr2.62 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%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 42%, now sitting on 1.76B for the twelve trailing months.
Moving Average
SPAREBANKEN MØRE’s worth is below its 50-day moving average of kr82.69 and higher than its 200-day moving average of kr76.59.
Yearly Top and Bottom Value
SPAREBANKEN MØRE’s stock is valued at kr78.65 at 07:20 EST, way under its 52-week high of kr92.00 and way higher than its 52-week low of kr67.98.
Sales Growth
SPAREBANKEN MØRE’s sales growth is 33.5% for the ongoing quarter and 32% for the next.
More news about SPAREBANKEN MØRE.
2. SPAREBANKEN SØR (SOR.OL)
31.1% sales growth and 8.36% return on equity
Sparebanken Sør operates as an independent financial institution in Norway. It operates through two segments, Retail Market and Corporate Market. The company is involved in banking, securities trading, and real estate brokerage activities in Agder, Rogaland, Vestfold, and Telemark counties. It also provides leasing, mortgage, and property management services; and sells general insurance, occupational pension, and group life insurance products. The company was founded in 1824 and is headquartered in Kristiansand, Norway. Sparebanken Sør operates as a subsidiary of Sparebankstiftelsen Sparebanken Sør.
Earnings Per Share
As for profitability, SPAREBANKEN SØR has a trailing twelve months EPS of kr11.3.
PE Ratio
SPAREBANKEN SØR has a trailing twelve months price to earnings ratio of 11.24. Meaning, the purchaser of the share is investing kr11.24 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 8.36%.
Sales Growth
SPAREBANKEN SØR’s sales growth is 28.4% for the current quarter and 31.1% for the next.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Mar 31, 2023, the estimated forward annual dividend rate is 6 and the estimated forward annual dividend yield is 4.6%.
Yearly Top and Bottom Value
SPAREBANKEN SØR’s stock is valued at kr127.00 at 07:20 EST, way under its 52-week high of kr158.00 and higher than its 52-week low of kr116.00.
Revenue Growth
Year-on-year quarterly revenue growth grew by 27%, now sitting on 2.76B for the twelve trailing months.
More news about SPAREBANKEN SØR.
3. 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 14.84. Meaning, the purchaser of the share is investing kr14.84 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%.
More news about SPBK1 RINGERIKE.
4. MEDISTIM (MEDI.OL)
10.2% sales growth and 33.83% return on equity
Medistim ASA develops, produces, services, leases, and distributes medical devices for cardio-vascular surgery in the United States, Europe, Asia, and internationally. It offers MiraQ Cardiac, a system that combines ultrasound imaging and transit time flow measurement (TTFM) in a single system for cardiac surgery; MiraQ Vascular, a system that combines ultrasound imaging and transit TTFM in a single system for vascular surgery; and imaging probes for intraoperative use. The company also provides various flow probes, such as QuickFit TTFM probes to accurately measure blood volume flow intraoperatively in various range of surgical applications; Vascular TTFM probes for enhancing surgical outcomes; and doppler probes that are used on the surface of the heart/vessel to search for intramural coronary arteries or to locate the position and quantify the degree of a stenosis. In addition, it distributes and sells third party medical equipment. The company was incorporated in 1984 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, MEDISTIM has a trailing twelve months EPS of kr5.67.
PE Ratio
MEDISTIM has a trailing twelve months price to earnings ratio of 52.2. Meaning, the purchaser of the share is investing kr52.2 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 33.83%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Apr 28, 2022, the estimated forward annual dividend rate is 3.75 and the estimated forward annual dividend yield is 1.33%.
More news about MEDISTIM.
5. ORKLA (ORK.OL)
6.6% sales growth and 12.77% return on equity
Orkla ASA engages in branded consumer goods, and industrial and financial investment businesses. The company offers branded products, including frozen pizza, ketchup, soups, sauces, bread toppings, and ready-to-eat meals through grocery channels, as well as food service, convenience stores, and petrol stations. It also provides confectionery, biscuit, and snack products; and develops bran and crispbread products, as well as energy snack meals. In addition, the company offers personal care and cleaning products; dietary supplement, sport nutrition, and weight control products; wound care products and first aid equipment; painting tools; basic and wool garments for men, women, and children; and professional cleaning products. Further, it operates Gymgrossisten, Proteinfabrikken, Bodystore, and Fitnessmarket e-commerce portals for health and sports nutrition products; and restaurants. Additionally, the company supplies margarine and butter blends, bread and cake improvers and mixes, yeast, marzipan, and ice cream ingredients; produces and supplies hydro power to the Nordic power market; and develops and sells real estate properties. It offers its food products under the Grandiosa, TORO, Stabburet, Felix, Paulúns, NATURLI', Abba, Beauvais, Den Gamle Fabrik, Spilva, and Vitana brands; confectionery and snacks under the KiMs, Nidar, Stratos, Sætre, Göteborgs Kex, OLW, Panda, Laima, Selga, Taffel, Kalev, and Nói Síríus brands; health and sports nutrition under e Zalo, Jif, Bliw, Grumme, Blenda, Define, Möller's, Collett, Nutrilett, Maxim, Norgesplaster, and Salvequick brands; and food ingredients under the Odense, Mors Hjemmebakte, KronJäst, Bakkedal, and NATURLI brands. It has operations in Norway, Sweden, Denmark, Finland, Iceland, the Baltics, rest of Europe, and internationally. The company was founded in 1918 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, ORKLA has a trailing twelve months EPS of kr4.37.
PE Ratio
ORKLA has a trailing twelve months price to earnings ratio of 16.86. Meaning, the purchaser of the share is investing kr16.86 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 12.77%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Apr 14, 2023, the estimated forward annual dividend rate is 3 and the estimated forward annual dividend yield is 4.08%.
Yearly Top and Bottom Value
ORKLA’s stock is valued at kr73.66 at 07:20 EST, way below its 52-week high of kr85.20 and higher than its 52-week low of kr67.06.
Moving Average
ORKLA’s value is above its 50-day moving average of kr72.17 and under its 200-day moving average of kr75.55.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is a negative 12.9% and a negative 11.3%, respectively.
More news about ORKLA.
