SPAREBANKEN SØR And 3 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – SPAREBANKEN SØR (SOR.OL), RANA GRUBER (RANA.OL), SPBK 1 NORDMØRE (SNOR.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 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 kr11.89.

PE Ratio

SPAREBANKEN SØR has a trailing twelve months price to earnings ratio of 10.47. Meaning, the purchaser of the share is investing kr10.47 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%.

Dividend Yield

As claimed 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 4.78%.

More news about SPAREBANKEN SØR.

2. RANA GRUBER (RANA.OL)

24.5% sales growth and 68.94% return on equity

Rana Gruber ASA engages in the mining, processing, and sale of iron ore concentrate. The company excavates, processes, and sells iron oxide in the form of hematite, magnetite, and iron oxide pigments. It also produces magnetite iron oxide concentrates. The company offers its products under the Colorana brands. It exports its products worldwide. Rana Gruber ASA was founded in 1937 and is headquartered in Mo i Rana, Norway.

Earnings Per Share

As for profitability, RANA GRUBER has a trailing twelve months EPS of kr13.05.

PE Ratio

RANA GRUBER has a trailing twelve months price to earnings ratio of 4.57. Meaning, the purchaser of the share is investing kr4.57 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 68.94%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

RANA GRUBER’s EBITDA is 4.35.

More news about RANA GRUBER.

3. SPBK 1 NORDMØRE (SNOR.OL)

7.1% sales growth and 9.57% return on equity

SpareBank 1 Nordmøre provides various banking services in Norway. The company offers savings and deposit accounts; car, motorcycle, boat, and construction loans; and mortgages. It also provides business insurance products, which include liability, auto, mortgage, operating loss, asset, commercial, and project insurance products; personal insurance products, such as life, travel, and accidental insurance products; pension products; bank cards; payment and debt collection services; and mobile and online banking services. In addition, the company offers bank guarantees, trade credit products, and operating credit products for agriculture, as well as factoring, leasing, and repayment products and services. The company was founded in 1835 and is based in Kristiansund, Norway. SpareBank 1 Nordmøre is a subsidiary of SpareBank 1 Gruppen AS.

Earnings Per Share

As for profitability, SPBK 1 NORDMØRE has a trailing twelve months EPS of kr14.01.

PE Ratio

SPBK 1 NORDMØRE has a trailing twelve months price to earnings ratio of 8.92. Meaning, the purchaser of the share is investing kr8.92 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 9.57%.

Volume

Today’s last reported volume for SPBK 1 NORDMØRE is 36 which is 97.09% below its average volume of 1240.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Apr 6, 2022, the estimated forward annual dividend rate is 5 and the estimated forward annual dividend yield is 3.82%.

Yearly Top and Bottom Value

SPBK 1 NORDMØRE’s stock is valued at kr125.00 at 22:20 EST, way below its 52-week high of kr140.00 and higher than its 52-week low of kr120.00.

More news about SPBK 1 NORDMØRE.

4. MULTICONSULT (MULTI.OL)

5.2% sales growth and 32.89% return on equity

Multiconsult ASA provides engineering design, consultancy, and architecture services in Norway and internationally. The company offers multidisciplinary consultancy, design, planning, project supervision and management, geotechnical site survey, verification and control, analysis and due diligence, construction management, geological investigations, environmental services and HSE, river basin management, hydrometry, and hydrological field work services. It serves buildings and properties, cities and society, industry, oil and gas, renewable energy, rail and transportation, and water and environment sectors. Multiconsult ASA was founded in 1908 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, MULTICONSULT has a trailing twelve months EPS of kr10.45.

PE Ratio

MULTICONSULT has a trailing twelve months price to earnings ratio of 13.92. Meaning, the purchaser of the share is investing kr13.92 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 32.89%.

Moving Average

MULTICONSULT’s worth is higher than its 50-day moving average of kr142.83 and above its 200-day moving average of kr135.18.

More news about MULTICONSULT.

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