(VIANEWS) – FLOW TRADERS (FLOW.AS), REACH SUBSEA (REACH.OL), KONGSBERG GRUPPEN (KOG.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. FLOW TRADERS (FLOW.AS)
65% sales growth and 6.07% return on equity
Flow Traders Ltd. operates as a financial technology-enabled multi-asset class liquidity provider in Europe, the Americas, and Asia. The company provides liquidity support that allows investors to continue to buy or sell exchange traded products or other financial instruments. It offers liquidity through financial products. Flow Traders Ltd. was founded in 2004 and is headquartered in Amsterdam, the Netherlands.
Earnings Per Share
As for profitability, FLOW TRADERS has a trailing twelve months EPS of €0.81.
PE Ratio
FLOW TRADERS has a trailing twelve months price to earnings ratio of 23.89. Meaning, the purchaser of the share is investing €23.89 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 6.07%.
More news about FLOW TRADERS.
2. REACH SUBSEA (REACH.OL)
20% sales growth and 29.96% 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 9.43. Meaning, the purchaser of the share is investing kr9.43 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 29.96%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 50% and a negative 29.4%, respectively.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jun 3, 2024, the estimated forward annual dividend rate is 0.36 and the estimated forward annual dividend yield is 6.04%.
Yearly Top and Bottom Value
REACH SUBSEA’s stock is valued at kr5.94 at 07:20 EST, under its 52-week high of kr6.22 and way above its 52-week low of kr3.54.
Moving Average
REACH SUBSEA’s worth is way above its 50-day moving average of kr5.39 and way higher than its 200-day moving average of kr4.58.
More news about REACH SUBSEA.
3. KONGSBERG GRUPPEN (KOG.OL)
17.1% sales growth and 24.6% return on equity
Kongsberg Gruppen ASA, together with its subsidiaries, provides high-tech systems and solutions primarily to customers in the maritime and defense markets. The company operates through three segments: Kongsberg Maritime, Kongsberg Defence & Aerospace, and Other. The Kongsberg Maritime segment offers solutions and systems for bridge and control systems, which include dynamic positioning, propulsion control, and navigation, as well as automation systems; energy solutions and ship design services; and propellers, thrusters, water jet systems, and systems for offshore manoeuvring of maritime vessels. This segment also provides winches for mooring, anchor handling, and special systems for offshore vessels, tugs, marine vessels, and various other classes of vessel, as well as cranes; hydroacoustics; autonomous underwater vessels and solutions for autonomous maritime vessels; and products related to fisheries, systems for underwater mapping, and sensors and solutions for specialist vessels. The Kongsberg Defence & Aerospace segment offers various systems and services to the defense industry. It provides air defense and combat systems, sonars, and navigation for marine vessels and submarines, as well as integrated command and control systems; remote tower solutions for airports; remote control weapon stations for land-based vehicles and marine vessels; products for military tactical communication; naval strike and air-to-surface missiles; and lightweight composite and titanium components for F-35 combat aircraft. This segment also offers components and services to the space industry, as well as port monitoring systems; and maintenance, repair, and overhaul services. The Other segment focuses on digitalization within the oil and gas, wind, and merchant marine markets. It operates primarily in Norway, Europe, North America, South America, Asia, Australia, and South Africa. Kongsberg Gruppen ASA was founded in 1814 and is headquartered in Kongsberg, Norway.
Earnings Per Share
As for profitability, KONGSBERG GRUPPEN has a trailing twelve months EPS of kr21.11.
PE Ratio
KONGSBERG GRUPPEN has a trailing twelve months price to earnings ratio of 35.32. Meaning, the purchaser of the share is investing kr35.32 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 24.6%.
More news about KONGSBERG GRUPPEN.
4. PARETO BANK (PARB.OL)
15.7% sales growth and 13.13% return on equity
Pareto Bank ASA provides various banking products and services in Norway. The company accepts corporate deposits. It also offers corporate financing; receivables financing; residential and commercial financing for land and property; ship financing, including corporate and project financing; and other private or housing loans. Pareto Bank ASA was incorporated in 2007 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, PARETO BANK has a trailing twelve months EPS of kr7.38.
PE Ratio
PARETO BANK has a trailing twelve months price to earnings ratio of 7.56. Meaning, the purchaser of the share is investing kr7.56 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 13.13%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Apr 5, 2024, the estimated forward annual dividend rate is 3.9 and the estimated forward annual dividend yield is 6.96%.
Volume
Today’s last reported volume for PARETO BANK is 14153 which is 55.56% below its average volume of 31853.
Yearly Top and Bottom Value
PARETO BANK’s stock is valued at kr55.80 at 07:20 EST, under its 52-week high of kr61.00 and way above its 52-week low of kr48.55.
Moving Average
PARETO BANK’s worth is below its 50-day moving average of kr56.27 and above its 200-day moving average of kr53.78.
More news about PARETO BANK.
5. SMARTCRAFT (SMCRT.OL)
14% sales growth and 13.38% return on equity
SmartCraft ASA provides software solutions to the construction industry in Norway, Sweden, and Finland. It offers software comprising Cordel, a SaaS solution; Bygglet, a SaaS born in the cloud solution; EL-VIS which offers services in the electricians' daily operations; and Congrid, a cloud-based tool for project management. The company also provides Homerun, a digital tool for construction, project communication, document, and procurement management; Kvalitetskontroll, a cloud-based project management solution and quality assurance platform; El-verdi, a digital sales tool for electricians; and ELinn, a cloud based solution for electricians to handle project management services. SmartCraft ASA was founded in 1987 and is headquartered in Hønefoss, Norway.
Earnings Per Share
As for profitability, SMARTCRAFT has a trailing twelve months EPS of kr0.63.
PE Ratio
SMARTCRAFT has a trailing twelve months price to earnings ratio of 40.48. Meaning, the purchaser of the share is investing kr40.48 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 13.38%.
More news about SMARTCRAFT.
