X-FAB And 6 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – X-FAB (XFAB.PA), ODFJELL DRILLING (ODL.OL), ITERA (ITERA.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. X-FAB (XFAB.PA)

23.4% sales growth and 13.03% return on equity

X-FAB Silicon Foundries SE operates as an analog/mixed-signal semiconductor technology foundry. The company manufactures silicon wafers for automotive, industrial, consumer, medical, and mobile communications, and other applications; and analog/mixed-signal integrated circuits, sensors, and micro-electro-mechanical systems. It also provides manufacturing and design support services for customers that design analog/mixed-signal integrated circuits and other semiconductor devices, as well as engineering and prototyping, outsourcing, technical, and design support services. The company serves integrated device manufacturers, original equipment manufacturers, and fabless semiconductor companies. It operates in Belgium, Germany, the United Kingdom, Austria, France, Switzerland, Denmark, Sweden, Finland, Netherlands, Ireland, Singapore, China, Japan, Thailand, Malaysia, Korea, Taiwan, Hong Kong, New Zealand, the United States, and internationally. The company was founded in 1992 and is based in Tessenderlo, Belgium.

Earnings Per Share

As for profitability, X-FAB has a trailing twelve months EPS of €0.74.

PE Ratio

X-FAB has a trailing twelve months price to earnings ratio of 14.05. Meaning, the purchaser of the share is investing €14.05 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 13.03%.

More news about X-FAB.

2. ODFJELL DRILLING (ODL.OL)

13.8% sales growth and 4.35% return on equity

Odfjell Drilling Ltd. owns and operates mobile offshore drilling units primarily in Norway and Namibia. The company operates in two segments, Own Fleet and External Fleet. It offers management services to other owners of drilling units, such as operational management, regulatory requirements management, marketing, contract negotiations and client relations, and operation and mobilization preparation services. The company was founded in 1914 and is headquartered in Aberdeen, the United Kingdom. Odfjell Drilling Ltd. is a subsidiary of Odfjell Partners Holding Ltd.

Earnings Per Share

As for profitability, ODFJELL DRILLING has a trailing twelve months EPS of kr2.27.

PE Ratio

ODFJELL DRILLING has a trailing twelve months price to earnings ratio of 15.55. Meaning, the purchaser of the share is investing kr15.55 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 4.35%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter is 46.2% and a drop 50.4% for the next.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Sep 1, 2023, the estimated forward annual dividend rate is 2.56 and the estimated forward annual dividend yield is 7.21%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

ODFJELL DRILLING’s EBITDA is 39.37.

Revenue Growth

Year-on-year quarterly revenue growth grew by 12.7%, now sitting on 686.3M for the twelve trailing months.

More news about ODFJELL DRILLING.

3. ITERA (ITERA.OL)

12.4% sales growth and 97.07% return on equity

Itera ASA, together with its subsidiaries, designs, develops, and operates digital solutions for companies and organizations in Norway, Denmark, and Slovakia. It offers data, artificial intelligence and analytics, development and architecture, test and quality assurance solutions, as well as cloud and application services. The company delivers projects and services in the strategy and consulting, customer experience, and technology and cloud transformation areas. Itera ASA was founded in 1989 and is based in Oslo, Norway.

Earnings Per Share

As for profitability, ITERA has a trailing twelve months EPS of kr0.79.

PE Ratio

ITERA has a trailing twelve months price to earnings ratio of 15.7. Meaning, the purchaser of the share is investing kr15.7 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 97.07%.

Moving Average

ITERA’s worth is way below its 50-day moving average of kr14.88 and way under its 200-day moving average of kr14.20.

Yearly Top and Bottom Value

ITERA’s stock is valued at kr12.40 at 02:20 EST, way below its 52-week high of kr16.50 and way above its 52-week low of kr10.95.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on May 25, 2023, the estimated forward annual dividend rate is 0.3 and the estimated forward annual dividend yield is 2.24%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 22.7%, now sitting on 831.86M for the twelve trailing months.

More news about ITERA.

4. DNB BANK (DNB.OL)

12% sales growth and 15.02% return on equity

DNB Bank ASA provides financial services for retail and corporate customers in Norway and internationally. The company offers personal banking products and services, including savings and investment products; loans, such as home mortgages, and car and consumer loans; pet, home and property, travel, and personal insurance products, as well as insurance products for vehicles; retirement savings products; foreign exchange and treasury activities; and Internet and mobile banking services, as well as cards. It also provides business banking products and services comprising savings and investment products consisting of savings accounts, fixed rate deposits, exchange traded products, bonds and commercial papers, asset management, and equity services; financing, such as installment loans, overdraft facility, bank guarantees, leasing, factoring, and trade and export financing services; transaction banking services; research, commodities, bonds and commercial papers, corporate finance, debt capital market, equities, foreign exchange and interest rates, and securities services; and Internet services, including online equity trading, online FX trading, e-confirmation, equities execution, and investor and margin accounts, as well as pension services. In addition, the company provides investment banking services, such as mergers and acquisition, and equity and debt capital market services; foreign exchange, interest rates, equities, commodities, fixed income, research, private equity, and securities services; and corporate banking services. Further, it offers private banking services. The company offers its products and services to various sectors, including energy; financial institutions; healthcare; manufacturing; packaging and forest products; seafood; shipping, offshore, and logistics; and telecom, media, and technology. 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 kr23.28.

PE Ratio

DNB BANK has a trailing twelve months price to earnings ratio of 9.34. Meaning, the purchaser of the share is investing kr9.34 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.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter is 28.6% and a drop 11.9% for the next.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Apr 26, 2023, the estimated forward annual dividend rate is 12.5 and the estimated forward annual dividend yield is 5.92%.

Moving Average

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

More news about DNB BANK.

5. SANDNES SPAREBANK (SADG.OL)

12% sales growth and 8.32% return on equity

Sandnes Sparebank, an independent savings bank, provides a range of banking and investment products to retail and corporate customers in Norway. It operates through three segments: Retail Market, Corporate Market, and Real Estate. The company offers fixed rate deposits, deposit accounts, BSU, and tax withholding and other accounts; child, death, income, critical illness, disability, car, home, cabin, contents, UNG, and other insurance products; and pension solutions. It also provides bank guarantee, overdrafts, leasing, construction and business loans, factoring and invoice sales; fixed interest, mortgage, car, and other vehicle loans, as well as small loans and refinancing, and green loans; bank and credit cards; various loans and guarantees; and mobile and internet banking services. In addition, the company offers real estate brokerage and general investment advisory services. Sandnes Sparebank was founded in 1875 and is headquartered in Sandnes, Norway.

Earnings Per Share

As for profitability, SANDNES SPAREBANK has a trailing twelve months EPS of kr5.16.

PE Ratio

SANDNES SPAREBANK has a trailing twelve months price to earnings ratio of 15.97. Meaning, the purchaser of the share is investing kr15.97 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 8.32%.

Moving Average

SANDNES SPAREBANK’s worth is under its 50-day moving average of kr84.76 and under its 200-day moving average of kr88.77.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Mar 29, 2023, the estimated forward annual dividend rate is 6.05 and the estimated forward annual dividend yield is 7.12%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 8.5%, now sitting on 650.99M for the twelve trailing months.

Volume

Today’s last reported volume for SANDNES SPAREBANK is 2888 which is 42.68% below its average volume of 5039.

More news about SANDNES SPAREBANK.

6. MOWI (MOWI.OL)

9.1% sales growth and 10.75% return on equity

Mowi ASA, a seafood company, produces and supplies farmed salmon products worldwide. It operates through three segments: Feed, Farming, and Sales and Marketing. The company is involved in the salmon feed production, salmon farming and primary processing, and seafood secondary processing activities. It offers whole gutted fish, including Label Rouge and organic salmon; and white fish and other seafood products, as well as fillets, steaks, cutlets, portions, loins, kebabs, and steak combos. The company also provides value added products, such as breaded, pre-fried, dusted, marinated, grilled, battered, topped, filled with sauce, delicatessen, fresh fish ready meal, and smoked fish products. It offers its products under the Mowi, Mowi Salmon, Donegal Silver, Admiral's, Pieters, Laschinger, Kritsen, Ducktrap River, Harbour Salmon Co., Rebel Fish, Supreme Salmon, Olav's, Northern Harvest, and Mowi Nutrition brand names. The company was formerly known as Marine Harvest ASA and changed its name to Mowi ASA in December 2018. Mowi ASA was founded in 1964 and is headquartered in Bergen, Norway.

Earnings Per Share

As for profitability, MOWI has a trailing twelve months EPS of kr8.47.

PE Ratio

MOWI has a trailing twelve months price to earnings ratio of 23.28. Meaning, the purchaser of the share is investing kr23.28 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 10.75%.

Yearly Top and Bottom Value

MOWI’s stock is valued at kr197.15 at 02:20 EST, below its 52-week high of kr205.80 and way above its 52-week low of kr130.15.

Revenue Growth

Year-on-year quarterly revenue growth grew by 10.5%, now sitting on 5.34B for the twelve trailing months.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Sep 1, 2023, the estimated forward annual dividend rate is 8 and the estimated forward annual dividend yield is 4.1%.

Sales Growth

MOWI’s sales growth is 16.9% for the present quarter and 9.1% for the next.

More news about MOWI.

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 kr1.72.

PE Ratio

AXACTOR has a trailing twelve months price to earnings ratio of 3.22. Meaning, the purchaser of the share is investing kr3.22 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 9.72%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 10.2%, now sitting on 246.62M for the twelve trailing months.

Moving Average

AXACTOR’s worth is higher than its 50-day moving average of kr5.43 and under its 200-day moving average of kr5.94.

Sales Growth

AXACTOR’s sales growth is 21.2% for the ongoing quarter and 5.2% for the next.

Yearly Top and Bottom Value

AXACTOR’s stock is valued at kr5.53 at 02:20 EST, way under its 52-week high of kr7.60 and way higher than its 52-week low of kr4.99.

More news about AXACTOR.

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