(VIANEWS) – REACH SUBSEA (REACH.OL), SPBK 1 ØSTLANDET (SPOL.OL), PROTECTOR FORSIKRG (PROT.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. REACH SUBSEA (REACH.OL)
71.2% sales growth and 16.67% return on equity
Reach Subsea ASA provides subsea services worldwide. The company operates in two segments, Oil & Gas and Renewable/Other. It offers inspection, maintenance, and repair services, such as structural inspections, WROV operation, SCM changeout, scale squeeze operations, water injection, ready for operation, subsea equipment maintenance, repair, commissioning, and boulder clearance. The company also provides asset integrity/pipeline inspection services; survey services, including geophysical, geotechnical, UXO, environmental, hydrography, and archaeology; and engineering and project management services. In addition, it offers construction support services comprising vessel, remotely operated vehicles, personnel, survey, and on demand engineering; seabed intervention; boulder clearance; touchdown monitoring; and pre-lay and post- lay survey. Further, the company provides offshore personnel contracting services; geophysical monitoring services, including real-time seismic monitoring, gravitude survey-based 4D gravity, seafloor subsidence monitoring, gravitude depthwatch for seismic nodes, injection integrity monitoring, well drilling, and under control; and environmental monitoring services, such as monitoring CO2 injection and storage, earthquake monitoring and prediction, and geothermal resources assessment and monitoring. It serves oil and gas, renewables, and utilities sectors. The company was formerly known as Transit Invest ASA and changed its name to Reach Subsea ASA in December 2012. Reach Subsea ASA was incorporated in 1909 and is headquartered in Haugesund, Norway.
Earnings Per Share
As for profitability, REACH SUBSEA has a trailing twelve months EPS of kr0.3.
PE Ratio
REACH SUBSEA has a trailing twelve months price to earnings ratio of 14.37. Meaning, the purchaser of the share is investing kr14.37 for every norwegian krone of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 16.67%.
Volume
Today’s last reported volume for REACH SUBSEA is 90306 which is 85.67% below its average volume of 630273.
Yearly Top and Bottom Value
REACH SUBSEA’s stock is valued at kr4.31 at 11:20 EST, way under its 52-week high of kr5.22 and way higher than its 52-week low of kr3.15.
2. SPBK 1 ØSTLANDET (SPOL.OL)
26.4% sales growth and 10.09% return on equity
SpareBank 1 Østlandet provides various financial products and services to individuals, businesses, the public sector, clubs, and societies. The company offers deposits, financing, savings, advisory, life and non-life insurance, and pension products and services. It also provides credit cards; and leasing, money-transfer, capital and investment management, debt recovery, real estate brokering and rental, factoring, trade and corporate finance, and accounting related services. It has 36 branches in Innlandet, Oslo, and Viken. The company was founded in 1845 and is headquartered in Hamar, Norway. SpareBank 1 Østlandet is a subsidiary of Sparebankstiftelsen Hedmark.
Earnings Per Share
As for profitability, SPBK 1 ØSTLANDET has a trailing twelve months EPS of kr10.57.
PE Ratio
SPBK 1 ØSTLANDET has a trailing twelve months price to earnings ratio of 12.13. Meaning, the purchaser of the share is investing kr12.13 for every norwegian krone of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 10.09%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 18.6%, now sitting on 4.42B for the twelve trailing months.
Yearly Top and Bottom Value
SPBK 1 ØSTLANDET’s stock is valued at kr128.20 at 11:20 EST, way below its 52-week high of kr149.00 and way above its 52-week low of kr104.00.
Volume
Today’s last reported volume for SPBK 1 ØSTLANDET is 1957 which is 94.82% below its average volume of 37787.
Sales Growth
SPBK 1 ØSTLANDET’s sales growth is 6.8% for the current quarter and 26.4% for the next.
3. PROTECTOR FORSIKRG (PROT.OL)
16.2% sales growth and 24.01% 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 two segments, Commercial Lines of Business and Public Lines of Business. The company offers personal, motor, property, liability, and change of ownership insurance. It sells its products to non-marine industries through insurance brokers. The company 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 kr23.84.
PE Ratio
PROTECTOR FORSIKRG has a trailing twelve months price to earnings ratio of 6.26. Meaning, the purchaser of the share is investing kr6.26 for every norwegian krone of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 24.01%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Feb 8, 2023, the estimated forward annual dividend rate is 7 and the estimated forward annual dividend yield is 4.79%.
Moving Average
PROTECTOR FORSIKRG’s value is above its 50-day moving average of kr137.13 and way above its 200-day moving average of kr121.29.
Yearly Top and Bottom Value
PROTECTOR FORSIKRG’s stock is valued at kr149.20 at 11:20 EST, under its 52-week high of kr150.00 and way above its 52-week low of kr93.40.
Sales Growth
PROTECTOR FORSIKRG’s sales growth is 26.3% for the present quarter and 16.2% for the next.
4. PRECIA (PREC.PA)
6.8% sales growth and 10.77% return on equity
Precia S.A. designs, manufactures, sells, and services weighing solutions. The company offers industrial weighing scales, such as ready to weigh, postal scales, laboratory scales, load receptor, and access range products; user interfaces and displays, including slave and remote displays, and weighing indicators; vehicle weighing and access control products, including weighbridges, weighbridges indicators and displays, driver terminals, and accessories, as well as TRUCKFLOW, a weighbridge and in/out weighing management software; on board weighing systems for industrial vehicles; and dynamic weight control solutions. It also provides tank weighing products, such as process weighing load cells and indicators; weighing stations for the manual and automatic dosing of ingredients associated with manufacturing formulas; average weight control products; bulk continuous weighing products comprising belt scales, weighing conveyors, belt speed conveyor measurement devices, weighing controllers, multi-station and modular belt weighers, single-station structure scales, and belt scale with conveyors, as well as DATABULK BS, a continuous weighing supervision software; and bulk discontinuous weighing, such as automatic bulk scales, discontinuous weighing controllers, and weighing indicators, as well as DATABULK ABS, an automatic bulk scale software product. In addition, the company offers bulk dosing products, including gravimetric dosing, dosing electronic system, volumetric dosing, and soft blending products; weighing products for hazardous areas; PM connected services; smartphone applications, including WEIGH2FLOW for analyzing flow rates of your conveyors, and WEIGH2CONTROL to monitor and centralize weighing information; and dimensioning weighing scanning. It serves agribusiness, food processing, waste management, transport and logistics, and extractive industries worldwide. Precia S.A. was founded in 1887 and is headquartered in Privas, France.
Earnings Per Share
As for profitability, PRECIA has a trailing twelve months EPS of €9.6.
PE Ratio
PRECIA has a trailing twelve months price to earnings ratio of 3.24. Meaning, the purchaser of the share is investing €3.24 for every euro of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 10.77%.
