(VIANEWS) – SPAREBANKEN ØST (SPOG.OL), SMARTCRAFT (SMCRT.OL), PARETO BANK (PARB.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 ØST (SPOG.OL)
29.1% sales growth and 7.22% return on equity
Sparebanken Øst operates as a savings bank in Eastern Norway. The company offers financial products, such as savings, credit, and payment products; mortgages on homes; and debenture financing for second-hand cars, as well as services in the areas of financing, savings and investment, and money-transfer. It also distributes insurance, fund shares, interest rate hedging, and currency, as well as operates, manages, leases, and sells real estate properties. The company was founded in 1843 and is headquartered in Drammen, Norway.
Earnings Per Share
As for profitability, SPAREBANKEN ØST has a trailing twelve months EPS of kr5.2.
PE Ratio
SPAREBANKEN ØST has a trailing twelve months price to earnings ratio of 9.1. Meaning, the purchaser of the share is investing kr9.1 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 7.22%.
More news about SPAREBANKEN ØST.
2. SMARTCRAFT (SMCRT.OL)
23.7% sales growth and 10.68% return on equity
SmartCraft ASA provides software solutions to the construction industry in Norway, Sweden, and Finland. The company offers Cordel; Bygglet, a SaaS born in the cloud solution; EL-VIS, a solution for electricians; and Congrid, a cloud-based tool for project management in construction companies. It also provides HomeRun, a digital tool for construction, project communication, document, and procurement management; Kvalitetskontroll, a cloud-based project management solution and quality assurance platform for construction companies; El-verdi, a digital sales tool for electricians; and ELinn, a cloud based solution for electricians to handle project management services. The company was founded in 1987 and is headquartered in Hønefoss, Norway.
Earnings Per Share
As for profitability, SMARTCRAFT has a trailing twelve months EPS of kr0.47.
PE Ratio
SMARTCRAFT has a trailing twelve months price to earnings ratio of 46.81. Meaning, the purchaser of the share is investing kr46.81 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 10.68%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 19.2%, now sitting on 348.62M for the twelve trailing months.
Volume
Today’s last reported volume for SMARTCRAFT is 1275 which is 98.77% below its average volume of 103696.
Earnings Before Interest, Taxes, Depreciation, and Amortization
SMARTCRAFT’s EBITDA is 68.2.
Sales Growth
SMARTCRAFT’s sales growth is 20.5% for the current quarter and 23.7% for the next.
More news about SMARTCRAFT.
3. PARETO BANK (PARB.OL)
11.2% sales growth and 14.03% return on equity
Pareto Bank ASA offers various banking products and services in Norway. The company accepts corporate deposits. It also offers corporate financing; receivables financing; residential and commercial financing for land and property; ship financing, including corporate and project financing; and other private or housing loans. The company was incorporated in 2007 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, PARETO BANK has a trailing twelve months EPS of kr7.87.
PE Ratio
PARETO BANK has a trailing twelve months price to earnings ratio of 6.28. Meaning, the purchaser of the share is investing kr6.28 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 14.03%.
Yearly Top and Bottom Value
PARETO BANK’s stock is valued at kr49.40 at 12:20 EST, way under its 52-week high of kr59.50 and way above its 52-week low of kr42.05.
Volume
Today’s last reported volume for PARETO BANK is 1974 which is 90.65% below its average volume of 21116.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Mar 31, 2023, the estimated forward annual dividend rate is 3.86 and the estimated forward annual dividend yield is 7.7%.
Sales Growth
PARETO BANK’s sales growth for the next quarter is 11.2%.
More news about PARETO BANK.
4. IMCD (IMCD.AS)
6.5% sales growth and 19.97% return on equity
IMCD N.V. distributes, markets, and sells specialty chemicals and ingredients in the Netherlands, rest of Europe, the Middle East, Africa, North America, South America, and the Asia-Pacific. The company offers bioactives, biocides, chelates, functional additives, rheology modifiers, silicones, solubilisers, and solvents; active pharmaceutical, agrochemicals, biopharma, excipients and formulation, nutraceuticals, and regulated synthesis; actives, UV sunscreens, rheology modifiers, thickeners, surfactants, emulsifiers, emollients, elastomers, humectants, waxes, film formers, functional powders, hair styling polymers, hair conditioners, solvents, solubilizers, pigments, pearls, colorants, opacifiers, pearlisers, preservatives, antioxidants, additives, fragrances, and essential oils; and resins and binders, additives, functional fillers, and specialty solvents. It also provides taste, texture, nutrition, and function; base oil, fuel addictive, lubricants addictive, lubricants finished fluids, solvents, degreasers and fuel, compounds, and upstream, midstream and downstream oil, gas and energy; bio-based chemicals, binders, corrosion inhibitors, catalysts, intermediates, monomers, organic building blocks, processing aids, reactive diluents, solvents, and surfactants. IMCD N.V. was founded in 1995 and is headquartered in Rotterdam, the Netherlands.
Earnings Per Share
As for profitability, IMCD has a trailing twelve months EPS of €5.51.
PE Ratio
IMCD has a trailing twelve months price to earnings ratio of 23.48. Meaning, the purchaser of the share is investing €23.48 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 19.97%.
Volume
Today’s last reported volume for IMCD is 8510 which is 93.27% below its average volume of 126489.
More news about IMCD.
