(VIANEWS) – PANORO ENERGY (PEN.OL), REACH SUBSEA (REACH.OL), SELVAAG BOLIG (SBO.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. PANORO ENERGY (PEN.OL)
1519.6% sales growth and 16.05% return on equity
Panoro Energy ASA, an independent exploration and production company, engages in the exploration, development, and production of oil and gas properties in Africa. It holds assets in the Equatorial Guinea, Gabon, Tunisia, and South Africa. The company was incorporated in 2009 and is based in London, the United Kingdom.
Earnings Per Share
As for profitability, PANORO ENERGY has a trailing twelve months EPS of kr3.14.
PE Ratio
PANORO ENERGY has a trailing twelve months price to earnings ratio of 8.31. Meaning, the purchaser of the share is investing kr8.31 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 16.05%.
More news about PANORO ENERGY.
2. REACH SUBSEA (REACH.OL)
96.2% sales growth and 26.05% 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 kr0.63.
PE Ratio
REACH SUBSEA has a trailing twelve months price to earnings ratio of 6.95. Meaning, the purchaser of the share is investing kr6.95 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 26.05%.
Dividend Yield
As claimed 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 4.04%.
Sales Growth
REACH SUBSEA’s sales growth is 27.4% for the present quarter and 96.2% for the next.
Volume
Today’s last reported volume for REACH SUBSEA is 143216 which is 36.52% below its average volume of 225617.
Moving Average
REACH SUBSEA’s value is above its 50-day moving average of kr4.37 and above its 200-day moving average of kr4.26.
More news about REACH SUBSEA.
3. SELVAAG BOLIG (SBO.OL)
31.3% sales growth and 8.14% return on equity
Selvaag Bolig ASA, a housing development company, engages in the development, construction, and sale of residential properties in Greater Oslo, Bergen, Stavanger, Trondheim, and Stockholm. The company also offers project management services. Selvaag Bolig ASA was incorporated in 2008 and is headquartered in Oslo, Norway. Selvaag Bolig ASA is a subsidiary of Selvaag AS.
Earnings Per Share
As for profitability, SELVAAG BOLIG has a trailing twelve months EPS of kr1.94.
PE Ratio
SELVAAG BOLIG has a trailing twelve months price to earnings ratio of 17.01. Meaning, the purchaser of the share is investing kr17.01 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 8.14%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
SELVAAG BOLIG’s EBITDA is 135.63.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Aug 15, 2023, the estimated forward annual dividend rate is 3 and the estimated forward annual dividend yield is 8.92%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 51.8%, now sitting on 2.67B for the twelve trailing months.
More news about SELVAAG BOLIG.
4. X-FAB (XFAB.PA)
23.3% sales growth and 19.58% 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 €1.15.
PE Ratio
X-FAB has a trailing twelve months price to earnings ratio of 8.02. Meaning, the purchaser of the share is investing €8.02 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 19.58%.
More news about X-FAB.
5. MELHUS SPAREBANK (MELG.OL)
15.6% sales growth and 10.56% return on equity
Melhus Sparebank, a savings bank, provides various banking products and services to companies, agriculture customers, and private individuals in Norway. The company offers savings accounts; construction and business loans; mortgage, and car loans; bank guarantee, overdraft, and leasing services; and credit and bank cards. It also provides various insurance products for home, cottage, household goods, contents, drone, car, boat, other vehicles, travel, animal, children, death, health, critical illness, disabled, private, commercial, agricultural, and accident; savings and pension products; payment services; and online and mobile banking services. The company operates through branch offices in central Trondheim, Heimdal, Ler, and Korsvegen. Melhus Sparebank was founded in 1840 and is headquartered in Melhus, Norway.
Earnings Per Share
As for profitability, MELHUS SPAREBANK has a trailing twelve months EPS of kr17.12.
PE Ratio
MELHUS SPAREBANK has a trailing twelve months price to earnings ratio of 9.46. Meaning, the purchaser of the share is investing kr9.46 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 10.56%.
Yearly Top and Bottom Value
MELHUS SPAREBANK’s stock is valued at kr162.00 at 01:20 EST, under its 52-week high of kr177.00 and above its 52-week low of kr151.00.
More news about MELHUS SPAREBANK.
6. ITERA (ITERA.OL)
7.1% sales growth and 86.07% 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 kr0.76.
PE Ratio
ITERA has a trailing twelve months price to earnings ratio of 16.91. Meaning, the purchaser of the share is investing kr16.91 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 86.07%.
Volume
Today’s last reported volume for ITERA is 1712 which is 94.84% below its average volume of 33209.
Earnings Before Interest, Taxes, Depreciation, and Amortization
ITERA’s EBITDA is 58.57.
More news about ITERA.
7. SEABIRD EXPLORAT (SBX.OL)
5.7% sales growth and 21.51% return on equity
SeaBird Exploration Plc, together with its subsidiaries, provides marine 2D and 3D seismic data for the oil and gas industry in Europe, Africa, the Middle East, North and South America, and the Asia Pacific. It offers 2D seismic; and source vessels that provide conventional undershoot, 4D repeat survey, wide azimuth, push reverse, long-term charter and vessel management, in-house source modelling and environmental decay analysis, and spot charter services. The company was founded in 1996 and is based in Nicosia, Cyprus.
Earnings Per Share
As for profitability, SEABIRD EXPLORAT has a trailing twelve months EPS of kr0.32.
PE Ratio
SEABIRD EXPLORAT has a trailing twelve months price to earnings ratio of 14.55. Meaning, the purchaser of the share is investing kr14.55 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 21.51%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 137.2%, now sitting on 35.05M for the twelve trailing months.
Moving Average
SEABIRD EXPLORAT’s value is under its 50-day moving average of kr4.91 and higher than its 200-day moving average of kr4.60.
Sales Growth
SEABIRD EXPLORAT’s sales growth is negative 12.4% for the present quarter and 5.7% for the next.
More news about SEABIRD EXPLORAT.
