(VIANEWS) – REACH SUBSEA (REACH.OL), CLOUDBERRY CLEAN (CLOUD.OL), SPAREBANKEN SØR (SOR.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 kr0.58.
PE Ratio
REACH SUBSEA has a trailing twelve months price to earnings ratio of 6.83. Meaning, the purchaser of the share is investing kr6.83 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%.
Sales Growth
REACH SUBSEA’s sales growth is 12.6% for the current quarter and 71.2% for the next.
Moving Average
REACH SUBSEA’s worth is above its 50-day moving average of kr3.96 and under its 200-day moving average of kr4.17.
Dividend Yield
As maintained 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 4.48%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
REACH SUBSEA’s EBITDA is 13.79.
More news about REACH SUBSEA.
2. CLOUDBERRY CLEAN (CLOUD.OL)
51.7% sales growth and 7.06% return on equity
Cloudberry Clean Energy ASA operates as a renewable energy company. It operates through four segments: Production, Development, Operations and Corporate. The company engages in the ownership, development, and operation of hydropower plants and wind farms in Norway, Sweden, and Denmark. Cloudberry Clean Energy ASA was incorporated in 2017 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, CLOUDBERRY CLEAN has a trailing twelve months EPS of kr0.87.
PE Ratio
CLOUDBERRY CLEAN has a trailing twelve months price to earnings ratio of 13.68. Meaning, the purchaser of the share is investing kr13.68 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 7.06%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 126.7%, now sitting on 247M for the twelve trailing months.
Sales Growth
CLOUDBERRY CLEAN’s sales growth for the next quarter is 51.7%.
Moving Average
CLOUDBERRY CLEAN’s value is under its 50-day moving average of kr12.35 and under its 200-day moving average of kr12.05.
More news about CLOUDBERRY CLEAN.
3. 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 kr13.44.
PE Ratio
SPAREBANKEN SØR has a trailing twelve months price to earnings ratio of 9.45. Meaning, the purchaser of the share is investing kr9.45 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 9.48%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 35.8%, now sitting on 2.98B for the twelve trailing months.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Mar 31, 2023, the estimated forward annual dividend rate is 6 and the estimated forward annual dividend yield is 4.74%.
More news about SPAREBANKEN SØR.
4. SPBK 1 NORDMØRE (SNOR.OL)
25.4% sales growth and 8.68% return on equity
SpareBank 1 Nordmøre provides various banking services in Norway. The company provides business insurance products, which include liability, work machine, condominium, car, bus, boat, cyber, crime, truck, property, commercial building, project, trailer, and transport insurance; personal insurance products, such as life, business, travel, and accidental insurance products; pension products; bank cards; payment and debt collection services; and mobile and online banking services. It also offers bank guarantees, operating credit products for agriculture, and factoring and leasing products and services, as well as savings and deposit accounts, refinancing, and mortgage services. The company was founded in 1835 and is based in Kristiansund, Norway. SpareBank 1 Nordmøre is a subsidiary of SpareBank 1 Gruppen AS.
Earnings Per Share
As for profitability, SPBK 1 NORDMØRE has a trailing twelve months EPS of kr12.5.
PE Ratio
SPBK 1 NORDMØRE has a trailing twelve months price to earnings ratio of 9.6. Meaning, the purchaser of the share is investing kr9.6 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 8.68%.
Moving Average
SPBK 1 NORDMØRE’s worth is under its 50-day moving average of kr121.02 and under its 200-day moving average of kr123.79.
Sales Growth
SPBK 1 NORDMØRE’s sales growth is 34.4% for the ongoing quarter and 25.4% for the next.
Revenue Growth
Year-on-year quarterly revenue growth declined by 4.1%, now sitting on 763M for the twelve trailing months.
More news about SPBK 1 NORDMØRE.
5. ODFJELL TECHNOLOGY (OTL.OL)
13.4% sales growth and 29.66% return on equity
Odfjell Technology Ltd., a technology and engineering company, provides well, drilling, and engineering services in Norway, Europe, Asia, the United Kingdom, and internationally. The company operates through three segments: Well Services; Operations; and Projects & Engineering. The Well Services segment provides casing and tubular running services, including automated and conventional; drilling tool and tubular rental services; and specialist well intervention products and services for exploration wells and for production. The Operations segment engages in the production of drilling and well completion on client's rigs. This segment is also involved in the slot recovery, plug and abandonment, work-overs, and maintenance activities; and provision of platform drilling services on both fixed production platforms and on floating production platforms with subsea blowout preventers along with the management and performance of the services on leased Jack-up rigs. The Projects & Engineering segment offers engineering and integrity services, including design and engineering to building supervision; and project management and operational support for units in operation, newbuild projects, and SPS/RS recertification projects and yard stays. The company was founded in 1973 and is headquartered in Aberdeen, the United Kingdom.
Earnings Per Share
As for profitability, ODFJELL TECHNOLOGY has a trailing twelve months EPS of kr5.15.
PE Ratio
ODFJELL TECHNOLOGY has a trailing twelve months price to earnings ratio of 9.98. Meaning, the purchaser of the share is investing kr9.98 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 29.66%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 37%, now sitting on 4.19B for the twelve trailing months.
Moving Average
ODFJELL TECHNOLOGY’s worth is way above its 50-day moving average of kr45.78 and way above its 200-day moving average of kr40.83.
Earnings Before Interest, Taxes, Depreciation, and Amortization
ODFJELL TECHNOLOGY’s EBITDA is 35.41.
Sales Growth
ODFJELL TECHNOLOGY’s sales growth for the next quarter is 13.4%.
More news about ODFJELL TECHNOLOGY.
6. SONAE (SON.LS)
10.5% sales growth and 10.11% return on equity
Sonae, SGPS, S.A. engages in retail, financial services, technology, shopping center, and telecommunications businesses. The company operates hypermarkets under the Continente brand; convenience supermarkets under the Continente Modelo and Continente Bom Dia brands; franchised supermarkets under the Meu Super brand; cafeteria under the Bagga brand; healthy food supermarkets and restaurants under the Go Natural brand; book shops and stationery under the Make Notes and Note! brands; health, well-being, and eye care centers under the Well´s brand; and dental and aesthetic medicine clinics under the Dr. Well's brand, as well as provides dog and cat products and services under the ZU brand. It also offers clothing, footwear, and accessories under the MO brand; baby and children clothing, footwear, and accessories, as well as childcare products under the Zippy and Losan brands; and jeans, clothing, and accessories under the Salsa brand. In addition, the company sells consumer electronics and entertainment products under the Worten brand; and mobile telecommunications products under the Worten Mobile brand, as well as develops real estate properties. Further, it offers payments, cards, personal loans, and insurance under the Universo brand; financing online purchases under the Universo Flex brand; and meal vouchers, gifting, and rewarding under the Da cards brand, as well as operates sports retail stores under JD, Sprinter, and Size? brand names. Additionally, the company provides telecommunication services to residential, personal, corporate, and wholesale markets; and investment management activities. It operates in Portugal, Spain, France, the United Kingdom, Germany, Italy, Romania, Brazil, Mexico, the Netherlands, and internationally. Sonae, SGPS, S.A. was founded in 1959 and is headquartered in Maia, Portugal. Sonae, SGPS, S.A. is a subsidiary of Efanor Investimentos SGPS, SA.
Earnings Per Share
As for profitability, SONAE has a trailing twelve months EPS of €0.14.
PE Ratio
SONAE has a trailing twelve months price to earnings ratio of 7.19. Meaning, the purchaser of the share is investing €7.19 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 10.11%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 11.7%, now sitting on 8.14B for the twelve trailing months.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on May 12, 2023, the estimated forward annual dividend rate is 0.05 and the estimated forward annual dividend yield is 5.59%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
SONAE’s EBITDA is 25.98.
More news about SONAE.
