(VIANEWS) – REACH SUBSEA (REACH.OL), SPAREBANKEN SØR (SOR.OL), SPAREBANKEN ØST (SPOG.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 18.34% return on equity
Reach Subsea ASA provides subsea services in Norway and internationally. It operates in two segments, Oil & Gas and Renewable/Other. The company 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; and construction support services, including seabed intervention, boulder clearance, touchdown monitoring, and pre-lay and post- lay survey, as well as vessel, remotely operated vehicles, personnel, survey, and on demand engineering. It also provides asset integrity/pipeline inspection, and engineering and project management services; reach remote services comprising survey, inspection, and IMR and seabed intervention; seabed survey services consisting of site surveys and geohazard investigation, pipeline inspection, seabed mapping, UXO, general, and route surveys; offshore cable; marine construction; and rig and mooring services. In addition, the company offers geophysical monitoring services, which include 4D gravity, seafloor subsidence monitoring, depth watch for seismic nodes, injection integrity monitoring, well drilling, and real time seismic monitoring services; and environmental monitoring services that comprise earthquake monitoring and prediction, C02 storage, and geothermal energy exploitation. 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 kr0.59.
PE Ratio
REACH SUBSEA has a trailing twelve months price to earnings ratio of 6.19. Meaning, the purchaser of the share is investing kr6.19 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 18.34%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
REACH SUBSEA’s EBITDA is 1.02.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jun 1, 2023, the estimated forward annual dividend rate is 0.18 and the estimated forward annual dividend yield is 4.32%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 81.4%, now sitting on 1.27B for the twelve trailing months.
More news about REACH SUBSEA.
2. SPAREBANKEN SØR (SOR.OL)
33.4% sales growth and 9.48% return on equity
Sparebanken Sør operates as an independent financial institution in Norway. It operates through two segments, Retail Market and Corporate Market. The company is involved in banking, securities trading, and real estate brokerage activities in Agder, Rogaland, Vestfold, and Telemark counties. It also provides leasing, mortgage, and property management services; and sells general insurance, occupational pension, and group life insurance products. The company was founded in 1824 and is headquartered in Kristiansand, Norway. Sparebanken Sør operates as a subsidiary of Sparebankstiftelsen Sparebanken Sør.
Earnings Per Share
As for profitability, SPAREBANKEN SØR has a trailing twelve months EPS of kr13.6.
PE Ratio
SPAREBANKEN SØR has a trailing twelve months price to earnings ratio of 9.12. Meaning, the purchaser of the share is investing kr9.12 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 9.48%.
Moving Average
SPAREBANKEN SØR’s value is below its 50-day moving average of kr125.33 and under its 200-day moving average of kr127.55.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 69.6% and 64.8%, respectively.
Revenue Growth
Year-on-year quarterly revenue growth grew by 35.8%, now sitting on 2.98B for the twelve trailing months.
More news about SPAREBANKEN SØR.
3. SPAREBANKEN ØST (SPOG.OL)
27.1% sales growth and 7.22% return on equity
Sparebanken Øst operates as a savings bank in Eastern Norway. The company offers financial products, such as savings, credit, and payment products; mortgages on homes; and debenture financing for second-hand cars, as well as services in the areas of financing, savings and investment, and money-transfer. It also distributes insurance, fund shares, interest rate hedging, and currency, as well as operates, manages, leases, and sells real estate properties. The company was founded in 1843 and is headquartered in Drammen, Norway.
Earnings Per Share
As for profitability, SPAREBANKEN ØST has a trailing twelve months EPS of kr5.2.
PE Ratio
SPAREBANKEN ØST has a trailing twelve months price to earnings ratio of 9.02. Meaning, the purchaser of the share is investing kr9.02 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 7.22%.
More news about SPAREBANKEN ØST.
4. VOLUE (VOLUE.OL)
17.4% sales growth and 3.91% 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 in 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. Volue ASA 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 kr0.22.
PE Ratio
VOLUE has a trailing twelve months price to earnings ratio of 84.45. Meaning, the purchaser of the share is investing kr84.45 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 3.91%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
VOLUE’s EBITDA is 1.72.
Revenue Growth
Year-on-year quarterly revenue growth grew by 18.7%, now sitting on 1.27B for the twelve trailing months.
Moving Average
VOLUE’s value is below its 50-day moving average of kr19.01 and way below its 200-day moving average of kr26.35.
Volume
Today’s last reported volume for VOLUE is 8145 which is 92.1% below its average volume of 103125.
More news about VOLUE.
5. THERMADOR GROUPE (THEP.PA)
13.9% sales growth and 19.72% return on equity
Thermador Groupe SA, together with its subsidiaries, engages in the distribution business in France and internationally. The company offers central heating and domestic hot water accessories, pumps for heating, plumbing equipment, taps, valves for building, ventilation equipment and accessories, industrial valves and fittings, cold water pumps, swimming pool equipment and accessories, air compressors, generators, and welding stations. It also provides pneumatic tools; pumps, household valves, and plumbing for DIY superstores; bathroom and kitchen taps for DIY superstores and retail outlets; sale of parts to boiler manufacturers; domestic pumps and pump accessories; accessories and connectors for central heating and domestic water, and plumbing fitments; pipework for the distribution of building fluids; and valves and connectors for building and industry. In addition, the company offers motorised valves and specialty products for industry and air compressors; technical equipment for pressure, temperature, level, and flow measurement and control; and stainless steel connectors, flanges, valves and accessories. Thermador Groupe SA offers its products to retailers, wholesalers in industrial valves and industrial supplies. The company was founded in 1968 and is headquartered in Saint-Quentin-Fallavier, France.
Earnings Per Share
As for profitability, THERMADOR GROUPE has a trailing twelve months EPS of €6.09.
PE Ratio
THERMADOR GROUPE has a trailing twelve months price to earnings ratio of 13.61. Meaning, the purchaser of the share is investing €13.61 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 19.72%.
Yearly Top and Bottom Value
THERMADOR GROUPE’s stock is valued at €82.90 at 07:20 EST, way below its 52-week high of €101.60 and way higher than its 52-week low of €62.20.
Sales Growth
THERMADOR GROUPE’s sales growth is 13.9% for the ongoing quarter and 13.9% for the next.
More news about THERMADOR GROUPE.
