(VIANEWS) – SPAREBANKEN VEST (SVEG.OL), SPBK1 HELGELAND (HELG.OL), ITERA (ITERA.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 VEST (SVEG.OL)
32.2% sales growth and 13.51% return on equity
Sparebanken Vest, a financial services company, provides banking and financing services in the counties of Vestland and Rogaland, Norway. The company operates through Corporate Market, Retail Market, Bulder Bank, Treasury, and Estate Agency Activities segments. It is also involved in home mortgage activities. The company was founded in 1823 and is headquartered in Bergen, Norway.
Earnings Per Share
As for profitability, SPAREBANKEN VEST has a trailing twelve months EPS of kr10.29.
PE Ratio
SPAREBANKEN VEST has a trailing twelve months price to earnings ratio of 9.57. Meaning, the purchaser of the share is investing kr9.57 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 13.51%.
Moving Average
SPAREBANKEN VEST’s worth is higher than its 50-day moving average of kr95.30 and higher than its 200-day moving average of kr90.58.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Mar 23, 2023, the estimated forward annual dividend rate is 5.5 and the estimated forward annual dividend yield is 5.77%.
More news about SPAREBANKEN VEST.
2. SPBK1 HELGELAND (HELG.OL)
28.7% sales growth and 9.31% return on equity
SpareBank 1 Helgeland provides various financial products and services to retail customers, small and medium enterprises, municipal authorities, and institutions in Norway. The company operates in two segments, Retail Market and Corporate Market. It offers savings, investment, and insurance products, as well as leasing and mortgage services. The company is also involved in owning, managing, and letting commercial properties. It operates through branches located in Mosjøen, Brønnøysund, and Sandnessjøen. The company was founded in 1860 and is headquartered in Mo i Rana, Norway.
Earnings Per Share
As for profitability, SPBK1 HELGELAND has a trailing twelve months EPS of kr12.8.
PE Ratio
SPBK1 HELGELAND has a trailing twelve months price to earnings ratio of 9.77. Meaning, the purchaser of the share is investing kr9.77 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 9.31%.
Sales Growth
SPBK1 HELGELAND’s sales growth is 24.9% for the present quarter and 28.7% for the next.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 22.7% and 90%, respectively.
More news about SPBK1 HELGELAND.
3. ITERA (ITERA.OL)
11.2% sales growth and 138.07% return on equity
Itera ASA, together with its subsidiaries, designs, develops, and operates digital solutions for companies and organizations in Norway, Denmark, and Slovakia. It offers data, artificial intelligence and analytics, development and architecture, test and quality assurance solutions, as well as cloud and application services. The company delivers projects and services in the strategy and consulting, customer experience, and technology and cloud transformation areas. Itera ASA was founded in 1989 and is based in Oslo, Norway.
Earnings Per Share
As for profitability, ITERA has a trailing twelve months EPS of kr0.54.
PE Ratio
ITERA has a trailing twelve months price to earnings ratio of 24.81. Meaning, the purchaser of the share is investing kr24.81 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 138.07%.
Volume
Today’s last reported volume for ITERA is 669 which is 97.28% below its average volume of 24653.
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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 kr10.83.
PE Ratio
MULTICONSULT has a trailing twelve months price to earnings ratio of 13.71. Meaning, the purchaser of the share is investing kr13.71 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%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is a negative 18.7% and positive 21.3% for the next.
Revenue Growth
Year-on-year quarterly revenue growth grew by 5.5%, now sitting on 4.19B for the twelve trailing months.
Moving Average
MULTICONSULT’s value 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.
