(VIANEWS) – SPAREBANKEN SØR (SOR.OL), SPBK1 NORD-NORGE (NONG.OL), ING GROEP N.V. (INGA.AS) 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 SØR (SOR.OL)
33.5% sales growth and 9.48% 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 kr13.66.
PE Ratio
SPAREBANKEN SØR has a trailing twelve months price to earnings ratio of 9.11. Meaning, the purchaser of the share is investing kr9.11 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 9.48%.
Yearly Top and Bottom Value
SPAREBANKEN SØR’s stock is valued at kr124.50 at 02:20 EST, way below its 52-week high of kr142.50 and above its 52-week low of kr116.00.
Sales Growth
SPAREBANKEN SØR’s sales growth is 36.2% for the current quarter and 33.5% for the next.
More news about SPAREBANKEN SØR.
2. SPBK1 NORD-NORGE (NONG.OL)
28% sales growth and 13.71% return on equity
SpareBank 1 Nord-Norge provides banking services in Northern Norway. It operates through Retail Market, Corporate Market, Leasing, and Markets segments. The company offers mortgage, car, vehicle, and other loan related services. It also offers vehicle, home, travel, personal, and pet insurance services. In addition, the company provides various savings and pension related services, as well as debit and credit card services. Further, it offers financing, real estate leasing, agency, payment, and investment services. The company was founded in 1836 and is headquartered in Tromsø, Norway.
Earnings Per Share
As for profitability, SPBK1 NORD-NORGE has a trailing twelve months EPS of kr9.39.
PE Ratio
SPBK1 NORD-NORGE has a trailing twelve months price to earnings ratio of 9.82. Meaning, the purchaser of the share is investing kr9.82 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 13.71%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Mar 31, 2023, the estimated forward annual dividend rate is 8.2 and the estimated forward annual dividend yield is 8.82%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 37.9%, now sitting on 4.37B for the twelve trailing months.
Volume
Today’s last reported volume for SPBK1 NORD-NORGE is 131680 which is 8.39% below its average volume of 143740.
More news about SPBK1 NORD-NORGE.
3. 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 €1.34.
PE Ratio
ING GROEP N.V. has a trailing twelve months price to earnings ratio of 8.85. Meaning, the purchaser of the share is investing €8.85 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%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 51.8%, now sitting on 31.29B for the twelve trailing months.
Volume
Today’s last reported volume for ING GROEP N.V. is 4720220 which is 70.65% below its average volume of 16083900.
Sales Growth
ING GROEP N.V.’s sales growth is 21.9% for the present quarter and 24.2% for the next.
More news about ING GROEP N.V..
4. TOTENS SPAREBANK (TOTG.OL)
22.5% sales growth and 10.47% return on equity
Totens Sparebank provides various banking and financial products and services in Norway. The company offers savings and pension products; business and construction loans; leasing; overdrafts and bank guarantees; liability, business, data attack, property damage, craftsman, health, homeowners, collective, personnel, travel, occupational injury, agriculture, and vehicle insurance; and business and credit cards. It also provides online and mobile banking services; payment solutions; asset management; and real estate services. Totens Sparebank was founded in 1854 and is headquartered in Lena, Norway.
Earnings Per Share
As for profitability, TOTENS SPAREBANK has a trailing twelve months EPS of kr20.54.
PE Ratio
TOTENS SPAREBANK has a trailing twelve months price to earnings ratio of 9.69. Meaning, the purchaser of the share is investing kr9.69 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 10.47%.
Yearly Top and Bottom Value
TOTENS SPAREBANK’s stock is valued at kr199.00 at 02:20 EST, way below its 52-week high of kr264.00 and higher than its 52-week low of kr182.00.
More news about TOTENS SPAREBANK.
5. ROBERTET (RBT.PA)
14.1% sales growth and 15.94% return on equity
Robertet SA produces and sells perfumes, aromas, and natural products. The company operates in three segments: Raw materials, Fragrances, and Flavors. It also produces organic essential oils and active ingredients. The company operates in North America, Europe, the Asia Pacific, South America, Caribbean, Africa, and the Middle East. Robertet SA was founded in 1850 and is headquartered in Grasse, France.
Earnings Per Share
As for profitability, ROBERTET has a trailing twelve months EPS of €36.38.
PE Ratio
ROBERTET has a trailing twelve months price to earnings ratio of 24.22. Meaning, the purchaser of the share is investing €24.22 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 15.94%.
More news about ROBERTET.
