TGS And 2 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – TGS (TGS.OL), KBC (KBC.BR), SPAREBANKEN ØST (SPOG.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. TGS (TGS.OL)

37.4% sales growth and 4.74% return on equity

TGS ASA provides geoscience data products and services to the oil and gas industry worldwide. The company offers geophysical data, including multi-client seismic data; geological data comprising well data products, and interpretive studies and services; and interpretation products and data integration solutions. It also provides imaging services, which include depth and time imaging; marine, land, and ocean bottom nodes; and transition zone, multi component, and 4D time-lapse processing. The company was formerly known as TGS-NOPEC Geophysical Company ASA and changed its name to TGS ASA in June 2021. TGS ASA was founded in 1981 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, TGS has a trailing twelve months EPS of kr4.84.

PE Ratio

TGS has a trailing twelve months price to earnings ratio of 29.75. Meaning, the purchaser of the share is investing kr29.75 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 4.74%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 10.3%, now sitting on 733.84M for the twelve trailing months.

Earnings Before Interest, Taxes, Depreciation, and Amortization

TGS’s EBITDA is 191.63.

Volume

Today’s last reported volume for TGS is 425218 which is 23.48% below its average volume of 555718.

More news about TGS.

2. KBC (KBC.BR)

31.5% sales growth and 15.09% return on equity

KBC Group NV, together with its subsidiaries, provides integrated bank-insurance services primarily for retail, private banking, small and medium sized enterprises, and mid-cap clients. The company offers demand deposits and savings accounts; home and mortgage loans; consumer finance and SME funding services; credit, investment fund and asset management, and life and non-life insurance; and cash management, payments, trade finance, lease, money market, capital market products, and stockbroking services. It also provides digital and mobile banking services. The company was formerly known as KBC Bank and Insurance Holding Company NV and changed its name to KBC Group NV in March 2005. KBC Group NV was incorporated in 1935 and is headquartered in Brussels, Belgium.

Earnings Per Share

As for profitability, KBC has a trailing twelve months EPS of €7.6.

PE Ratio

KBC has a trailing twelve months price to earnings ratio of 7.55. Meaning, the purchaser of the share is investing €7.55 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 15.09%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 11.3%, now sitting on 9.09B for the twelve trailing months.

More news about KBC.

3. SPAREBANKEN ØST (SPOG.OL)

11.3% sales growth and 7.72% return on equity

Sparebanken Øst operates as a savings bank in Eastern Norway. The company offers financial products, such as savings, credit, and payment products; current accounts; home mortgage loans; and mortgage loans for new and used cars. It also provides vehicles, houses and contents, boats, and leisure insurance products, as well as life and health insurance products; and shares and funds trading services. In addition, the company buys, sells, and stores cryptocurrencies, as well as operates, manages, leases, and sells real estate properties. The company was founded in 1843 and is headquartered in Drammen, Norway.

Earnings Per Share

As for profitability, SPAREBANKEN ØST has a trailing twelve months EPS of kr5.52.

PE Ratio

SPAREBANKEN ØST has a trailing twelve months price to earnings ratio of 8.42. Meaning, the purchaser of the share is investing kr8.42 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 7.72%.

Sales Growth

SPAREBANKEN ØST’s sales growth is 31% for the ongoing quarter and 11.3% for the next.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 77.2% and 16.3%, respectively.

Volume

Today’s last reported volume for SPAREBANKEN ØST is 6528 which is 2.43% above its average volume of 6373.

More news about SPAREBANKEN ØST.

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