VÅR ENERGI And 6 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – VÅR ENERGI (VAR.OL), VERALLIA (VRLA.PA), KONGSBERG GRUPPEN (KOG.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. VÅR ENERGI (VAR.OL)

32.1% sales growth and 37.56% return on equity

Vår Energi AS operates as an independent upstream oil and gas company on the Norwegian continental shelf in Norway. It produces crude oil, liquified natural gas, and natural gas liquids. The company was formerly known as Eni Norge AS and changed its name to Vår Energi AS in December 2018. The company was incorporated in 1965 and is headquartered in Sandnes, Norway. Vår Energi AS operates as a subsidiary of Eni International B.V.

Earnings Per Share

As for profitability, VÅR ENERGI has a trailing twelve months EPS of kr2.57.

PE Ratio

VÅR ENERGI has a trailing twelve months price to earnings ratio of 14.47. Meaning, the purchaser of the share is investing kr14.47 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 37.56%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

VÅR ENERGI’s EBITDA is 16.9.

Sales Growth

VÅR ENERGI’s sales growth is negative 2.6% for the current quarter and 32.1% for the next.

Moving Average

VÅR ENERGI’s value is way above its 50-day moving average of kr31.73 and way higher than its 200-day moving average of kr31.94.

More news about VÅR ENERGI.

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%.

Yearly Top and Bottom Value

VERALLIA’s stock is valued at €36.04 at 22:20 EST, way below its 52-week high of €44.86 and way higher than its 52-week low of €26.58.

Sales Growth

VERALLIA’s sales growth is 27.9% for the current quarter and 19.7% for the next.

More news about VERALLIA.

3. KONGSBERG GRUPPEN (KOG.OL)

19.3% sales growth and 24.6% return on equity

Kongsberg Gruppen ASA, together with its subsidiaries, provides high-tech systems and solutions primarily to customers in the maritime and defense markets. The company operates through three segments: Kongsberg Maritime, Kongsberg Defence & Aerospace, and Other. The Kongsberg Maritime segment offers solutions and systems for bridge and control systems, which include dynamic positioning, propulsion control, and navigation, as well as automation systems; energy solutions and ship design services; and propellers, thrusters, water jet systems, and systems for offshore manoeuvring of maritime vessels. This segment also provides winches for mooring, anchor handling, and special systems for offshore vessels, tugs, marine vessels, and various other classes of vessel, as well as cranes; hydroacoustics; autonomous underwater vessels and solutions for autonomous maritime vessels; and products related to fisheries, systems for underwater mapping, and sensors and solutions for specialist vessels. The Kongsberg Defence & Aerospace segment offers various systems and services to the defense industry. It provides air defense and combat systems, sonars, and navigation for marine vessels and submarines, as well as integrated command and control systems; remote tower solutions for airports; remote control weapon stations for land-based vehicles and marine vessels; products for military tactical communication; naval strike and air-to-surface missiles; and lightweight composite and titanium components for F-35 combat aircraft. This segment also offers components and services to the space industry, as well as port monitoring systems; and maintenance, repair, and overhaul services. The Other segment focuses on digitalization within the oil and gas, wind, and merchant marine markets. It operates primarily in Norway, Europe, North America, South America, Asia, Australia, and South Africa. Kongsberg Gruppen ASA was founded in 1814 and is headquartered in Kongsberg, Norway.

Earnings Per Share

As for profitability, KONGSBERG GRUPPEN has a trailing twelve months EPS of kr21.06.

PE Ratio

KONGSBERG GRUPPEN has a trailing twelve months price to earnings ratio of 35.35. Meaning, the purchaser of the share is investing kr35.35 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 24.6%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 37.5% and 34.9%, respectively.

Volume

Today’s last reported volume for KONGSBERG GRUPPEN is 161487 which is 20.37% below its average volume of 202809.

Revenue Growth

Year-on-year quarterly revenue growth grew by 26.4%, now sitting on 40.62B for the twelve trailing months.

More news about KONGSBERG GRUPPEN.

4. SALMAR (SALM.OL)

15.3% sales growth and 11.62% return on equity

SalMar ASA, an aquaculture company, produces and sells farmed salmon in Asia, North America, Europe, and internationally. The company operates through Fish Farming Central Norway, Fish Farming Northern Norway, Icelandic Salmon, Sales & Industry, and SalMar Aker Ocean segments. It is involved in the broodstock, harvesting, processing, and smolt production activities. In addition, the company offers fish fillets and related products. SalMar ASA was founded in 1991 and is headquartered in Kverva, Norway.

Earnings Per Share

As for profitability, SALMAR has a trailing twelve months EPS of kr6.51.

PE Ratio

SALMAR has a trailing twelve months price to earnings ratio of 104.53. Meaning, the purchaser of the share is investing kr104.53 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 11.62%.

Yearly Top and Bottom Value

SALMAR’s stock is valued at kr680.50 at 22:20 EST, under its 52-week high of kr717.60 and way above its 52-week low of kr410.50.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Jun 9, 2023, the estimated forward annual dividend rate is 20 and the estimated forward annual dividend yield is 2.8%.

Sales Growth

SALMAR’s sales growth is negative 5.9% for the current quarter and 15.3% for the next.

Earnings Before Interest, Taxes, Depreciation, and Amortization

SALMAR’s EBITDA is 33.74.

More news about SALMAR.

5. SPAREBANK 1 SMN (MING.OL)

13.6% sales growth and 13.82% 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, vehicle, green, move, consumer and other loans; refinancing; and placement, group, savings, business, group, tax deduction, currency, and deposit accounts. It also provides BSU house savings for young people; fixed interest deposits; savings and investments; cash services; and payments. In addition, the company offers car, home, personal, animal, vehicle, and travel insurance services; property buying and selling advisory services; and mobile and online banking, and various cards. Further, it offers loans for car, vehicles, and trailers, bank guarantees, business and construction loans, operating credit for agriculture, factoring, leasing, and overdrafts; various pension products; and business and personal insurance products. Additionally, the company provides documentary collection, letter of credit, forward contracts, and foreign currency account services; and accounting, HR services, taxes and duties, transactional advice, and IT solutions services. It offers money transfer, capital and investment management, advisory, interest rate and currency hedging, and investment of surplus liquidity 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 kr16.1.

PE Ratio

SPAREBANK 1 SMN has a trailing twelve months price to earnings ratio of 8.57. Meaning, the purchaser of the share is investing kr8.57 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 13.82%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 46.4%, now sitting on 7.61B for the twelve trailing months.

Sales Growth

SPAREBANK 1 SMN’s sales growth for the next quarter is 13.6%.

Moving Average

SPAREBANK 1 SMN’s worth is under its 50-day moving average of kr144.02 and under its 200-day moving average of kr139.39.

More news about SPAREBANK 1 SMN.

6. DNB BANK (DNB.OL)

12% sales growth and 15.02% return on equity

DNB Bank ASA provides financial services for individual and business customers in Norway and internationally. The company offers savings, current, and pension accounts; fixed rate and security deposits; home and cabin mortgages, car and consumer loans, business loans, and refinancing; car, house, home contents, travel, personal, and non-life insurance product; payment services; and online and mobile banking services, as well as cards. It also provides overdraft facilities; leasing services; factoring, supply chain, and receivable purchase financing services; bank guarantee, secure trading, documentary collection, and letter of credit services; investment banking services, such as mergers and acquisition, equity and debt capital market, shares and securities, mutual funds and trading, and bonds and commodities; and private financing, as well as equity trading, foreign exchange, interest rates, and risk advisory services. In addition, the company offers treasury management, working capital, trade finance, auto lease and equipment financing, and corporate finance services, as well as act as an estate agents. DNB Bank ASA was founded in 1822 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, DNB BANK has a trailing twelve months EPS of kr24.93.

PE Ratio

DNB BANK has a trailing twelve months price to earnings ratio of 8.65. Meaning, the purchaser of the share is investing kr8.65 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 15.02%.

Sales Growth

DNB BANK’s sales growth is 24.3% for the current quarter and 12% for the next.

Moving Average

DNB BANK’s value is higher than its 50-day moving average of kr202.30 and way above its 200-day moving average of kr193.35.

Volume

Today’s last reported volume for DNB BANK is 718438 which is 50.88% below its average volume of 1462780.

More news about DNB BANK.

7. 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 kr1.54.

PE Ratio

AXACTOR has a trailing twelve months price to earnings ratio of 3.03. Meaning, the purchaser of the share is investing kr3.03 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 232329 which is 17.86% above its average volume of 197119.

Earnings Before Interest, Taxes, Depreciation, and Amortization

AXACTOR’s EBITDA is 989.79.

Yearly Top and Bottom Value

AXACTOR’s stock is valued at kr4.66 at 22:20 EST, under its 52-week low of kr4.99.

More news about AXACTOR.

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