(VIANEWS) – SPAREBANKEN VEST (SVEG.OL), VERALLIA (VRLA.PA), MELHUS SPAREBANK (MELG.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)
19.7% sales growth and 15.65% 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 kr11.5.
PE Ratio
SPAREBANKEN VEST has a trailing twelve months price to earnings ratio of 10.12. Meaning, the purchaser of the share is investing kr10.12 for every norwegian krone of annual earnings.
Return on Equity
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 15.65%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 34.1% and 31.7%, respectively.
Yearly Top and Bottom Value
SPAREBANKEN VEST’s stock is valued at kr116.40 at 02:20 EST, under its 52-week high of kr123.40 and way above its 52-week low of kr85.00.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Mar 22, 2024, the estimated forward annual dividend rate is 7.5 and the estimated forward annual dividend yield is 6.47%.
Moving Average
SPAREBANKEN VEST’s worth is above its 50-day moving average of kr115.69 and higher than its 200-day moving average of kr107.47.
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2. VERALLIA (VRLA.PA)
19.7% sales growth and 44.03% return on equity
Verallia Société Anonyme manufactures and sells glass packaging products for beverages and food products worldwide. It provides bottles for still and sparkling wines, spirits, beers, soft drinks, and oils. The company offers jars for baby food, dairy products, jams, honey, spreads, condiments, sauces, and preserves. Verallia Société Anonyme was founded in 1827 and is based in Courbevoie, France.
Earnings Per Share
As for profitability, VERALLIA has a trailing twelve months EPS of €4.01.
PE Ratio
VERALLIA has a trailing twelve months price to earnings ratio of 8.99. Meaning, the purchaser of the share is investing €8.99 for every euro of annual earnings.
Return on Equity
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 44.03%.
Sales Growth
VERALLIA’s sales growth is 27.9% for the ongoing quarter and 19.7% for the next.
Revenue Growth
Year-on-year quarterly revenue growth grew by 30.7%, now sitting on 3.86B for the twelve trailing months.
Volume
Today’s last reported volume for VERALLIA is 99695 which is 23.8% below its average volume of 130846.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on May 8, 2023, the estimated forward annual dividend rate is 1.4 and the estimated forward annual dividend yield is 4.57%.
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3. MELHUS SPAREBANK (MELG.OL)
19.6% sales growth and 9.74% return on equity
Melhus Sparebank, a savings bank, provides various banking products and services to companies, agriculture customers, and private individuals in Norway. The company offers savings accounts; construction and business loans; mortgage, and car loans; bank guarantee, overdraft, and leasing services; and credit and bank cards. It also provides various insurance products for home, cottage, household goods, contents, drone, car, boat, other vehicles, travel, animal, children, death, health, critical illness, disabled, private, commercial, agricultural, and accident; savings and pension products; payment services; and online and mobile banking services. The company operates through branch offices in central Trondheim, Heimdal, Ler, and Korsvegen. Melhus Sparebank was founded in 1840 and is headquartered in Melhus, Norway.
Earnings Per Share
As for profitability, MELHUS SPAREBANK has a trailing twelve months EPS of kr16.09.
PE Ratio
MELHUS SPAREBANK 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.
Return on Equity
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 9.74%.
Volume
Today’s last reported volume for MELHUS SPAREBANK is 60 which is 88.65% below its average volume of 529.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Mar 22, 2024, the estimated forward annual dividend rate is 12.5 and the estimated forward annual dividend yield is 7.81%.
Moving Average
MELHUS SPAREBANK’s value is below its 50-day moving average of kr164.80 and below its 200-day moving average of kr160.32.
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4. AKER SOLUTIONS (AKSO.OL)
16.8% sales growth and 17.09% return on equity
Aker Solutions ASA provides solutions, products, systems, and services to the oil and gas industry in Norway, the United States, Brazil, the United Kingdom, Malaysia, Angola, Brunei, Canada, India, and internationally. The company operates in two segments, Renewables and Field Development; and Life Cycle. It offers field planning, feasibility, and concept studies; specialist engineering, project management, and procurement services; floater designs, offshore wind, as well as engages in design, delivery, and construction of oil and gas production, and receiving and processing facilities. The company also provides offshore fish farming, carbon capture, utilization and storage, hydrogen and derivatives, hydropower, and offshore wind solutions. Further, it designs and constructs jackets for construction services and offers electrification services; and designs and constructs offshore oil and gas production facilities and onshore receiving and processing facilities. Additionally, the company provides maintenance, modifications, decommissioning, asset integrity management, hook-up, and completion solutions. Aker Solutions ASA was founded in 1841 and is headquartered in Fornebu, Norway.
Earnings Per Share
As for profitability, AKER SOLUTIONS has a trailing twelve months EPS of kr0.2.
PE Ratio
AKER SOLUTIONS has a trailing twelve months price to earnings ratio of 194.1. Meaning, the purchaser of the share is investing kr194.1 for every norwegian krone of annual earnings.
Return on Equity
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 17.09%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 100% and 16.5%, respectively.
Yearly Top and Bottom Value
AKER SOLUTIONS’s stock is valued at kr38.82 at 02:20 EST, way below its 52-week high of kr50.00 and way above its 52-week low of kr33.14.
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5. SPBK1 HELGELAND (HELG.OL)
8.2% sales growth and 9.81% 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 and internationally. The company operates in two segments, Retail Market and Corporate Market. It offers savings, investment, pension, and insurance products, as well as leasing and mortgage services. The company is also involved in owning, managing, and letting of commercial properties. It operates through branches located in Mosjøen, Brønnøysund, Mo i Rana, 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 kr13.9.
PE Ratio
SPBK1 HELGELAND has a trailing twelve months price to earnings ratio of 9.21. Meaning, the purchaser of the share is investing kr9.21 for every norwegian krone of annual earnings.
Return on Equity
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 9.81%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 10.5%, now sitting on 1.08B for the twelve trailing months.
Yearly Top and Bottom Value
SPBK1 HELGELAND’s stock is valued at kr128.00 at 02:20 EST, way below its 52-week high of kr144.00 and way higher than its 52-week low of kr116.00.
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6. AXACTOR (ACR.OL)
5.2% sales growth and 9.72% return on equity
Axactor ASA, through its subsidiaries, operates as a debt management and collection company in Sweden, Finland, Germany, Italy, Norway, and Spain. It operates through two segments: Non-performing Loans and Third-Party Collection. The Non-performing Loans segment invests in portfolios of non-performing loans collected through amicable or legal proceedings. The Third-Party Collection segment provides debt collection services on behalf of third-party clients, which applies amicable and legal proceedings to collect the non-performing loans. This segment is also involved in helping creditors to prepare documentation for future legal proceedings against debtors; and handling of invoices between the invoice date and the default date and sending out reminders. Axactor ASA was incorporated in 1982 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, AXACTOR has a trailing twelve months EPS of kr1.55.
PE Ratio
AXACTOR has a trailing twelve months price to earnings ratio of 3.01. Meaning, the purchaser of the share is investing kr3.01 for every norwegian krone of annual earnings.
Return on Equity
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 9.72%.
Volume
Today’s last reported volume for AXACTOR is 38553 which is 81.4% below its average volume of 207334.
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