(VIANEWS) – REACH SUBSEA (REACH.OL), SPAREBANKEN MØRE (MORG.OL), SMARTCRAFT (SMCRT.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 14.1. Meaning, the purchaser of the share is investing kr14.1 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%.
2. SPAREBANKEN MØRE (MORG.OL)
30.3% sales growth and 9.92% return on equity
Sparebanken Møre, together with its subsidiaries, provides banking services for retail and corporate customers primarily in Møre og Romsdal, Norway. It operates through Corporate, Retail, and Real Estate Brokerage segments. The company offers services in the areas of funding, deposits and other forms of investments, asset management, financial advisory, money transfer, currency and interest rate trading, insurance, and real estate brokerage. Sparebanken Møre was founded in 1843 and is headquartered in Ålesund, Norway.
Earnings Per Share
As for profitability, SPAREBANKEN MØRE has a trailing twelve months EPS of kr29.98.
PE Ratio
SPAREBANKEN MØRE has a trailing twelve months price to earnings ratio of 2.76. Meaning, the purchaser of the share is investing kr2.76 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 9.92%.
Yearly Top and Bottom Value
SPAREBANKEN MØRE’s stock is valued at kr82.61 at 06:20 EST, way below its 52-week high of kr94.40 and way higher than its 52-week low of kr67.98.
Moving Average
SPAREBANKEN MØRE’s worth is below its 50-day moving average of kr82.69 and higher than its 200-day moving average of kr76.31.
3. SMARTCRAFT (SMCRT.OL)
20.5% sales growth and 9.13% return on equity
SmartCraft ASA provides software solutions to the construction industry in Norway, Sweden, and Finland. The company offers Cordel, an ERP solution for craftsmen; Bygglet, a project management solution; EL-VIS software solutions and services for use in professional calculation and documentation for electricians; and Congrid solution for use in quality and safety assurance processes for construction companies. It also provides HomeRun.net, a customer communication solution for building and renovation companies; and Kvalitetskontroll, a complete quality solution to the construction industry. The company was founded in 1987 and is headquartered in Ålesund, Norway.
Earnings Per Share
As for profitability, SMARTCRAFT has a trailing twelve months EPS of kr2.11.
PE Ratio
SMARTCRAFT has a trailing twelve months price to earnings ratio of 7.75. Meaning, the purchaser of the share is investing kr7.75 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 9.13%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 20%, now sitting on 333.42M for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 100% and 66.7%, respectively.
