SPBK1 ØSTFOLD AKE And 7 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – SPBK1 ØSTFOLD AKE (SOAG.OL), OKEA (OKEA.OL), CTP (CTPNV.AS) 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 ØSTFOLD AKE (SOAG.OL)

36.1% sales growth and 11.66% 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 kr39.15.

PE Ratio

SPBK1 ØSTFOLD AKE has a trailing twelve months price to earnings ratio of 8.22. Meaning, the purchaser of the share is investing kr8.22 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 11.66%.

More news about SPBK1 ØSTFOLD AKE.

2. OKEA (OKEA.OL)

28.8% sales growth and 35.99% return on equity

OKEA ASA, an oil and gas company, engages in the development and production of oil and gas in the Norwegian continental shelf. The company holds 44.56% interests in Draugen, 12% interests in Gjøa, 9.2385% interests in Ivar Aasen, 6% interests in Nova, and 15% interests in Yme assets. OKEA ASA was incorporated in 2015 and is headquartered in Trondheim, Norway.

Earnings Per Share

As for profitability, OKEA has a trailing twelve months EPS of kr6.91.

PE Ratio

OKEA has a trailing twelve months price to earnings ratio of 5.66. Meaning, the purchaser of the share is investing kr5.66 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 35.99%.

Volume

Today’s last reported volume for OKEA is 527006 which is 14.05% above its average volume of 462063.

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3. CTP (CTPNV.AS)

20.8% sales growth and 14.49% return on equity

CTP N.V. owns, develops, manages, and leases logistics and industrial real estate properties in Central, Western, and Eastern Europe. The company offers various building for small and growing businesses, global enterprises, built to suit, and other offices. It also develops urban parks which are harbour mixed-use building and space types, such as premium offices, retail stores, office services, public spaces, and other amenities. CTP N.V. was founded in 1998 and is based in Amsterdam, the Netherlands. CTP N.V. is a subsidiary of CTP Holding B.V.

Earnings Per Share

As for profitability, CTP has a trailing twelve months EPS of €1.78.

PE Ratio

CTP has a trailing twelve months price to earnings ratio of 7.24. Meaning, the purchaser of the share is investing €7.24 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 14.49%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 12.4%, now sitting on 630.91M for the twelve trailing months.

Volume

Today’s last reported volume for CTP is 28133 which is 56.1% below its average volume of 64093.

Sales Growth

CTP’s sales growth for the next quarter is 20.8%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Aug 14, 2023, the estimated forward annual dividend rate is 0.5 and the estimated forward annual dividend yield is 4.01%.

More news about CTP.

4. VOSS VEKSEL OGLAND (VVL.OL)

16% sales growth and 9.14% return on equity

Voss Veksel- og Landmandsbank ASA provides banking products and services to private individuals and companies in Norway. The company offers saving accounts; car and other vehicle, home, small, and construction loans; overdrafts facilities; leasing services; bank guarantees; bank and payment cards; insurance products; and online and mobile banking services. The company was founded in 1843 and is based in Voss, Norway.

Earnings Per Share

As for profitability, VOSS VEKSEL OGLAND has a trailing twelve months EPS of kr26.35.

PE Ratio

VOSS VEKSEL OGLAND has a trailing twelve months price to earnings ratio of 8.5. Meaning, the purchaser of the share is investing kr8.5 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 9.14%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 44.9%, now sitting on 141.48M for the twelve trailing months.

Yearly Top and Bottom Value

VOSS VEKSEL OGLAND’s stock is valued at kr224.00 at 22:20 EST, way under its 52-week high of kr252.00 and way higher than its 52-week low of kr190.00.

More news about VOSS VEKSEL OGLAND.

5. 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 kr15.02.

PE Ratio

PROTECTOR FORSIKRG has a trailing twelve months price to earnings ratio of 11.52. Meaning, the purchaser of the share is investing kr11.52 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 37.86%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter is 90.5% and a drop 53.4% for the next.

Sales Growth

PROTECTOR FORSIKRG’s sales growth for the next quarter is 15.2%.

Yearly Top and Bottom Value

PROTECTOR FORSIKRG’s stock is valued at kr173.00 at 22:20 EST, below its 52-week high of kr181.00 and way higher than its 52-week low of kr107.60.

Earnings Before Interest, Taxes, Depreciation, and Amortization

PROTECTOR FORSIKRG’s EBITDA is 1.85.

More news about PROTECTOR FORSIKRG.

6. TIPIAK (TIPI.PA)

13.7% sales growth and 6.82% return on equity

Tipiak Société Anonyme, a food company, manufactures prepared food products, frozen ready-meals, pastry products, groceries, and crusty bread products. The company offers groceries, such as breadcrumbs, cereals, couscous, croutons, Japanese pearls, potato starch, quinoa, and tapioca; frozen products, including savory products, appetizers, and side dishes with grains; and frozen sweet products comprising macarons, mini eclairs, and petits fours. It sells its products in France, England, and the United States. The company was founded in 1830 and is based in Saint-Aignan-Grandlieu, France.

Earnings Per Share

As for profitability, TIPIAK has a trailing twelve months EPS of €4.62.

PE Ratio

TIPIAK has a trailing twelve months price to earnings ratio of 12.77. Meaning, the purchaser of the share is investing €12.77 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 6.82%.

Volume

Today’s last reported volume for TIPIAK is 1 which is 96.55% below its average volume of 29.

Moving Average

TIPIAK’s value is below its 50-day moving average of €59.56 and higher than its 200-day moving average of €58.28.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Jul 4, 2023, the estimated forward annual dividend rate is 1.65 and the estimated forward annual dividend yield is 2.8%.

More news about TIPIAK.

7. ORKLA (ORK.OL)

8.5% sales growth and 13.02% return on equity

Orkla ASA engages in branded consumer goods, and industrial and financial investment businesses. The company offers branded products, including frozen pizza, ketchup, soups, sauces, bread toppings, and ready-to-eat meals through grocery channels, as well as food service, convenience stores, and petrol stations. It also provides confectionery, biscuit, and snack products; and develops bran and crispbread products, as well as energy snack meals. In addition, the company offers personal care and cleaning products; dietary supplement, sport nutrition, and weight control products; wound care products and first aid equipment; painting tools; basic and wool garments for men, women, and children; and professional cleaning products. Further, it operates Gymgrossisten, Proteinfabrikken, Bodystore, and Fitnessmarket e-commerce portals for health and sports nutrition products; and restaurants. Additionally, the company supplies margarine and butter blends, bread and cake improvers and mixes, yeast, marzipan, and ice cream ingredients; produces and supplies hydro power to the Nordic power market; and develops and sells real estate properties. It offers its food products under the Grandiosa, TORO, Stabburet, Felix, Paulúns, NATURLI', Abba, Beauvais, Den Gamle Fabrik, Spilva, and Vitana brands; confectionery and snacks under the KiMs, Nidar, Stratos, Sætre, Göteborgs Kex, OLW, Panda, Laima, Selga, Taffel, Kalev, and Nói Síríus brands; health and sports nutrition under e Zalo, Jif, Bliw, Grumme, Blenda, Define, Möller's, Collett, Nutrilett, Maxim, Norgesplaster, and Salvequick brands; and food ingredients under the Odense, Mors Hjemmebakte, KronJäst, Bakkedal, and NATURLI brands. It has operations in Norway, Sweden, Denmark, Finland, Iceland, the Baltics, rest of Europe, and internationally. The company was founded in 1918 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, ORKLA has a trailing twelve months EPS of kr5.32.

PE Ratio

ORKLA has a trailing twelve months price to earnings ratio of 15.11. Meaning, the purchaser of the share is investing kr15.11 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 13.02%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Apr 14, 2023, the estimated forward annual dividend rate is 3 and the estimated forward annual dividend yield is 3.72%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 19.6%, now sitting on 64.1B for the twelve trailing months.

Sales Growth

ORKLA’s sales growth is 11.4% for the present quarter and 8.5% for the next.

Volume

Today’s last reported volume for ORKLA is 245696 which is 73.06% below its average volume of 912349.

More news about ORKLA.

8. VISTIN PHARMA (VISTN.OL)

6.6% sales growth and 5.32% return on equity

Vistin Pharma ASA, through its subsidiary, Vistin Pharma AS, produces and sells active pharmaceutical ingredients (APIs) worldwide. It offers metformin HCl APIs and direct compressive granulates for the pharmaceutical industry. The company was founded in 1969 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, VISTIN PHARMA has a trailing twelve months EPS of kr0.33.

PE Ratio

VISTIN PHARMA has a trailing twelve months price to earnings ratio of 67.58. Meaning, the purchaser of the share is investing kr67.58 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 5.32%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 54.7%, now sitting on 410.31M for the twelve trailing months.

Earnings Before Interest, Taxes, Depreciation, and Amortization

VISTIN PHARMA’s EBITDA is 2.36.

Sales Growth

VISTIN PHARMA’s sales growth is 10.6% for the current quarter and 6.6% for the next.

Volume

Today’s last reported volume for VISTIN PHARMA is 6487 which is 79.84% below its average volume of 32182.

More news about VISTIN PHARMA.

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