SPAREBANKEN SØR And 4 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – SPAREBANKEN SØR (SOR.OL), SPBK1 ØSTFOLD AKE (SOAG.OL), TOTENS SPAREBANK (TOTG.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)

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 kr13.6.

PE Ratio

SPAREBANKEN SØR has a trailing twelve months price to earnings ratio of 9.12. Meaning, the purchaser of the share is investing kr9.12 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 kr124.00 at 07:20 EST, way below its 52-week high of kr142.50 and above its 52-week low of kr116.00.

Moving Average

SPAREBANKEN SØR’s value is under its 50-day moving average of kr127.04 and below its 200-day moving average of kr128.42.

Revenue Growth

Year-on-year quarterly revenue growth grew by 35.8%, now sitting on 2.98B for the twelve trailing months.

More news about SPAREBANKEN SØR.

2. SPBK1 ØSTFOLD AKE (SOAG.OL)

27.3% sales growth and 10.79% return on equity

SpareBank 1 Østfold Akershus, a savings bank, provides various banking products and services in Østfold and the southern part of Akershus. The company offers savings, operating, tax deduction, deposit, placement, and currency accounts; and savings and investment products. It also provides consumer, construction, repayment, boat, motorcycle, and car loans; operating credit products; bank guarantees; liquidity loans with government guarantees; operating credit for agriculture; mortgage products; leasing and factoring services; and refinancing services. In addition, the company offers various insurance products, such as vehicle, house and travel, personal, animal, liability, work machine, interruption, condominium, cyber, truck, movable property, commercial building, project, transport, crime, bus, group life, health, leisure accident, occupational injury, accident insurance children, and sick pay insurance products; and pension products. Further, it provides credit, municipal payment, and other bank cards; payment terminal, debt collection, and document collection services; bonds, forwards, and currency options; accounting approved, invoice automatic, eGiro/Cremul, KID invoice, and OCR and eGiro payment services; and mobile and online banking services. The company was founded in 1835 and is headquartered in Moss, Norway.

Earnings Per Share

As for profitability, SPBK1 ØSTFOLD AKE has a trailing twelve months EPS of kr35.74.

PE Ratio

SPBK1 ØSTFOLD AKE has a trailing twelve months price to earnings ratio of 8.79. Meaning, the purchaser of the share is investing kr8.79 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 10.79%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 34.6%, now sitting on 980M for the twelve trailing months.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Mar 30, 2022, the estimated forward annual dividend rate is 17.8 and the estimated forward annual dividend yield is 5.53%.

Moving Average

SPBK1 ØSTFOLD AKE’s worth is below its 50-day moving average of kr329.24 and below its 200-day moving average of kr316.23.

More news about SPBK1 ØSTFOLD AKE.

3. 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%.

More news about TOTENS SPAREBANK.

4. MEDISTIM (MEDI.OL)

16.7% sales growth and 31.89% 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 kr6.7.

PE Ratio

MEDISTIM has a trailing twelve months price to earnings ratio of 40.6. Meaning, the purchaser of the share is investing kr40.6 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 31.89%.

Yearly Top and Bottom Value

MEDISTIM’s stock is valued at kr272.00 at 07:20 EST, way under its 52-week high of kr330.00 and way higher than its 52-week low of kr184.80.

Earnings Before Interest, Taxes, Depreciation, and Amortization

MEDISTIM’s EBITDA is 8.9.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Apr 25, 2023, the estimated forward annual dividend rate is 4.5 and the estimated forward annual dividend yield is 1.67%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter is a negative 17.7% and positive 11.1% for the next.

More news about MEDISTIM.

5. 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 kr12.5.

PE Ratio

SPBK 1 NORDMØRE has a trailing twelve months price to earnings ratio of 9.76. Meaning, the purchaser of the share is investing kr9.76 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 634 which is 52.96% below its average volume of 1348.

More news about SPBK 1 NORDMØRE.

Leave a Reply

Your email address will not be published. Required fields are marked *