(VIANEWS) – SPBK1 NORD-NORGE (NONG.OL), SPAREBANK 1 SMN (MING.OL), MEDISTIM (MEDI.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. SPBK1 NORD-NORGE (NONG.OL)
30.3% 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 kr9.47.
PE Ratio
SPBK1 NORD-NORGE has a trailing twelve months price to earnings ratio of 10.29. Meaning, the purchaser of the share is investing kr10.29 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%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 37.9%, now sitting on 4.37B for the twelve trailing months.
Yearly Top and Bottom Value
SPBK1 NORD-NORGE’s stock is valued at kr97.40 at 07:20 EST, below its 52-week high of kr103.60 and way higher than its 52-week low of kr78.10.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is 110.6% and a drop 22.6% for the next.
Sales Growth
SPBK1 NORD-NORGE’s sales growth is 66.9% for the current quarter and 30.3% for the next.
More news about SPBK1 NORD-NORGE.
2. SPAREBANK 1 SMN (MING.OL)
22.7% sales growth and 12.31% return on equity
SpareBank 1 SMN, together with its subsidiaries, provides various banking, accounting, and real estate products and services to private individuals and companies in Norway and internationally. The company offers mortgage, car, boat, other vehicles, and consumer loans; refinancing; and current, savings, billing, business, group, tax deduction, currency, and deposit accounts. It also provides BSU house savings for young people; fixed interest deposits; stocks and investments; cash services; and payments. In addition, the company offers vehicle, housing and travel, person, animal, and valuables insurance services; property buying and selling advisory services; and mobile and online banking, and various cards. Further, it offers loans and financing, including bank guarantees, business and construction loans, operating credit for agriculture, factoring, guarantees, leasing, and overdrafts; various pension products; and business and personal insurance products. Additionally, the company provides document collection, letter of credit, future business, and currency option services; and services, including accounting and payroll, HR, taxes and duties, and transfer of ownership, as well as IT solutions. It offers real estate agency, advisory, and external and equity financing services. SpareBank 1 SMN was founded in 1823 and is headquartered in Trondheim, Norway.
Earnings Per Share
As for profitability, SPAREBANK 1 SMN has a trailing twelve months EPS of kr11.74.
PE Ratio
SPAREBANK 1 SMN has a trailing twelve months price to earnings ratio of 12.3. Meaning, the purchaser of the share is investing kr12.3 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 12.31%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 37.2% and 38.1%, respectively.
Moving Average
SPAREBANK 1 SMN’s value is higher than its 50-day moving average of kr137.47 and way higher than its 200-day moving average of kr127.70.
Sales Growth
SPAREBANK 1 SMN’s sales growth is 26.5% for the ongoing quarter and 22.7% for the next.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Mar 29, 2023, the estimated forward annual dividend rate is 6.5 and the estimated forward annual dividend yield is 4.7%.
More news about SPAREBANK 1 SMN.
3. 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 kr6.31.
PE Ratio
MEDISTIM has a trailing twelve months price to earnings ratio of 38.19. Meaning, the purchaser of the share is investing kr38.19 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%.
Moving Average
MEDISTIM’s worth is under its 50-day moving average of kr265.62 and under its 200-day moving average of kr252.38.
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4. PROTECTOR FORSIKRG (PROT.OL)
15.2% sales growth and 37.86% return on equity
Protector Forsikring ASA, a general insurance company, provides various insurance products to the commercial and public sectors, and the affinity insurance markets in Norway, Denmark, Sweden, the United Kingdom, and Finland. It operates in Commercial Lines of Business and Public Lines of Business segments. The company offers personal, motor, property, liability, and change of ownership insurance. It sells its products to non-marine industries through insurance brokers. Protector Forsikring ASA was founded in 2003 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, PROTECTOR FORSIKRG has a trailing twelve months EPS of kr15.19.
PE Ratio
PROTECTOR FORSIKRG has a trailing twelve months price to earnings ratio of 11.59. Meaning, the purchaser of the share is investing kr11.59 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 37.86%.
More news about PROTECTOR FORSIKRG.
5. TOMRA SYSTEMS (TOM.OL)
9.7% sales growth and 17.05% return on equity
Tomra Systems ASA provides sensor-based solutions for optimal resource productivity worldwide. It operates through three segments: TOMRA Collection, TOMRA Recycling, and TOMRA Food. The TOMRA Collection segment engages in the development, production, sale, and service of reverse vending machines and related data management systems. This segment is also involved in picking up, transporting, and processing empty beverage containers on behalf of beverage producers/fillers. The TOMRA Recycling segment engages in the development, production, sale, and service of sorting and processing technology for waste management companies or plant builders. This segment offers sorting systems for waste and metal material streams; and ore sorting systems for mining companies. The TOMRA Food segment is involved in the development, production, sale, and service of sorting and processing technology, including sensor-based sorting solutions and integrated post-harvest solutions to detect and eject unwanted materials from manufacturing and processing lines for fresh and processed food industries. The company was founded in 1972 and is headquartered in Asker, Norway.
Earnings Per Share
As for profitability, TOMRA SYSTEMS has a trailing twelve months EPS of kr3.79.
PE Ratio
TOMRA SYSTEMS has a trailing twelve months price to earnings ratio of 38.97. Meaning, the purchaser of the share is investing kr38.97 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 17.05%.
More news about TOMRA SYSTEMS.
6. ASML HOLDING (ASML.AS)
6.3% sales growth and 68.44% return on equity
ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems consisting of lithography, metrology, and inspection systems for memory and logic chipmakers. The company provides extreme ultraviolet lithography systems; and deep ultraviolet lithography systems comprising immersion and dry lithography solutions to manufacture various range of semiconductor nodes and technologies. It also offers metrology and inspection systems, including YieldStar optical metrology solutions to assess the quality of patterns on the wafers; and HMI e-beam solutions to locate and analyze individual chip defects. In addition, the company provides computational lithography and lithography process and control software solutions; and refurbishes and upgrades older lithography systems, as well as offers customer support and associated services. It operates in Japan, South Korea, Singapore, Taiwan, China, rest of Asia, the Netherlands, rest of Europe, the Middle East, Africa, and the United States. The company was formerly known as ASM Lithography Holding N.V. and changed its name to ASML Holding N.V. in 2001. ASML Holding N.V. was founded in 1984 and is headquartered in Veldhoven, the Netherlands.
Earnings Per Share
As for profitability, ASML HOLDING has a trailing twelve months EPS of €18.77.
PE Ratio
ASML HOLDING has a trailing twelve months price to earnings ratio of 32.04. Meaning, the purchaser of the share is investing €32.04 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 68.44%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 27.1%, now sitting on 25.86B for the twelve trailing months.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Aug 1, 2023, the estimated forward annual dividend rate is 5.88 and the estimated forward annual dividend yield is 0.97%.
Yearly Top and Bottom Value
ASML HOLDING’s stock is valued at €601.30 at 07:20 EST, way below its 52-week high of €698.10 and way higher than its 52-week low of €375.75.
Moving Average
ASML HOLDING’s worth is below its 50-day moving average of €649.18 and above its 200-day moving average of €601.07.
More news about ASML HOLDING.
