(VIANEWS) – VOLUE (VOLUE.OL), SPAREBANKEN VEST (SVEG.OL), ASM INTERNATIONAL (ASM.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. VOLUE (VOLUE.OL)
28.2% sales growth and 4.34% return on equity
Volue ASA, together with its subsidiaries, engages in the provision of software and technology solutions for the energy, power grid, and infrastructure markets worldwide. It operates through three segments: Energy, Power Grid, and Infrastructure. The Energy segment offers software solutions and consulting services related to forecasting and optimization of the different energy markets that enables end-to-end optimization of the green energy value-chain. The Power Grid segment provides software solutions and consulting services that enables power distributors to support electrification of society by unlocking flexibility and digital management of the power grid. The Infrastructure segment offers software solutions and consulting services that delivers flexible solutions for digital water management. This segment is also involved in the automation of processes and machines for the construction industry. The company was incorporated in 2019 and is headquartered in Oslo, Norway. Volue ASA operates as a subsidiary of Arendals Fossekompani ASA.
Earnings Per Share
As for profitability, VOLUE has a trailing twelve months EPS of kr0.25.
PE Ratio
VOLUE has a trailing twelve months price to earnings ratio of 119.4. Meaning, the purchaser of the share is investing kr119.4 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 4.34%.
Yearly Top and Bottom Value
VOLUE’s stock is valued at kr29.85 at 07:20 EST, under its 52-week high of kr30.95 and way higher than its 52-week low of kr16.00.
Volume
Today’s last reported volume for VOLUE is 72556 which is 39.28% below its average volume of 119495.
Revenue Growth
Year-on-year quarterly revenue growth grew by 22%, now sitting on 1.49B for the twelve trailing months.
Moving Average
VOLUE’s worth is above its 50-day moving average of kr27.52 and way higher than its 200-day moving average of kr22.62.
More news about VOLUE.
2. SPAREBANKEN VEST (SVEG.OL)
21.4% 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. Sparebanken Vest 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 kr14.02.
PE Ratio
SPAREBANKEN VEST has a trailing twelve months price to earnings ratio of 8.98. Meaning, the purchaser of the share is investing kr8.98 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 29.2% and 18.9%, respectively.
Volume
Today’s last reported volume for SPAREBANKEN VEST is 32951 which is 49.09% below its average volume of 64730.
Dividend Yield
According to 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 6.02%.
Moving Average
SPAREBANKEN VEST’s value is above its 50-day moving average of kr119.49 and way higher than its 200-day moving average of kr110.08.
More news about SPAREBANKEN VEST.
3. ASM INTERNATIONAL (ASM.AS)
17.4% sales growth and 16.73% return on equity
ASM International NV, together with its subsidiaries, engages in the research, development, manufacture, marketing, and servicing of equipment and materials used to produce semiconductor devices in Europe, the United States, and Asia. The company's products include wafer processing deposition systems for atomic layer deposition (ALD), epitaxy, silicon carbide, plasma enhanced chemical vapor deposition (PECVD), and vertical furnace systems, including low pressure chemical vapor deposition (LPCVD), diffusion, and oxidation products, as well as provides spare parts and support services. It also manufactures and sells equipment, which is used in wafer processing, encompassing the fabrication steps in which silicon wafers are layered with semiconductor devices. The company offers its products to semiconductor manufacturers. The company was formerly known as Advanced Semiconductor Materials International NV. ASM International NV was incorporated in 1968 and is headquartered in Almere, the Netherlands.
Earnings Per Share
As for profitability, ASM INTERNATIONAL has a trailing twelve months EPS of €11.02.
PE Ratio
ASM INTERNATIONAL has a trailing twelve months price to earnings ratio of 54.41. Meaning, the purchaser of the share is investing €54.41 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 16.73%.
Moving Average
ASM INTERNATIONAL’s value is higher than its 50-day moving average of €572.59 and way higher than its 200-day moving average of €479.69.
More news about ASM INTERNATIONAL.
4. SMARTCRAFT (SMCRT.OL)
14% sales growth and 13.38% return on equity
SmartCraft ASA provides software solutions to the construction industry in Norway, Sweden, and Finland. It offers software comprising Cordel, a SaaS solution; Bygglet, a SaaS born in the cloud solution; EL-VIS which offers services in the electricians' daily operations; and Congrid, a cloud-based tool for project management. The company provides Homerun, a digital tool for construction, project communication, document, and procurement management; Kvalitetskontroll, a cloud-based project management solution and quality assurance platform; El-verdi, a digital sales tool for electricians; and ELinn, a cloud based solution for electricians to handle project management services. The company was founded in 1987 and is headquartered in Hønefoss, Norway.
Earnings Per Share
As for profitability, SMARTCRAFT has a trailing twelve months EPS of kr0.63.
PE Ratio
SMARTCRAFT has a trailing twelve months price to earnings ratio of 43.97. Meaning, the purchaser of the share is investing kr43.97 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 13.38%.
Sales Growth
SMARTCRAFT’s sales growth is 15.8% for the present quarter and 14% for the next.
More news about SMARTCRAFT.
5. PARETO BANK (PARB.OL)
10.1% sales growth and 13.71% return on equity
Pareto Bank ASA provides various banking products and services in Norway. The company accepts corporate deposits. It also offers corporate financing; receivables financing; residential and commercial financing for land and property; ship financing, including corporate and project financing; and other private or housing loans. Pareto Bank ASA was incorporated in 2007 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, PARETO BANK has a trailing twelve months EPS of kr7.74.
PE Ratio
PARETO BANK has a trailing twelve months price to earnings ratio of 7.42. Meaning, the purchaser of the share is investing kr7.42 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 13.71%.
Volume
Today’s last reported volume for PARETO BANK is 108148 which is 253.58% above its average volume of 30586.
Moving Average
PARETO BANK’s worth is higher than its 50-day moving average of kr56.73 and higher than its 200-day moving average of kr54.11.
Sales Growth
PARETO BANK’s sales growth is 15.7% for the current quarter and 10.1% for the next.
More news about PARETO BANK.
