GOODTECH And 6 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – GOODTECH (GOD.OL), REACH SUBSEA (REACH.OL), SHELL PLC (SHELL.AS) 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. GOODTECH (GOD.OL)

30% sales growth and 11.86% return on equity

Goodtech ASA provides management systems, digitization, and production optimization solutions for industrial and manufacturing companies in Norway, Sweden, Finland, Europe, and internationally. The company provides a range of in-house developed and partner-driven technologies and customized solutions for automation of production, which include construction, installation, service, and maintenance; development, project management, and engineering services; and technology and customized solutions, such as streamlining production, material handling, warehousing, and logistics solutions, as well as packaging machines. It also offers robotic systems for handling, controlling, and logistics of bulk materials under the Portabulk brand; power and electrical, automation, and system integration solutions to industry and power distributors; constructs and rehabilitates transformer stations. In addition, the company provides products and solutions for drinking water and wastewater treatment, and various industrial water. It serves a range of customers within aquaculture, food, pharmacy and health, renewable energy, district heating, oil and gas, power, water treatment, chemical, cable production, automotive, machinery, metal, and mineral industries. Goodtech ASA was founded in 1913 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, GOODTECH has a trailing twelve months EPS of kr1.2.

PE Ratio

GOODTECH has a trailing twelve months price to earnings ratio of 11.46. Meaning, the purchaser of the share is investing kr11.46 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 11.86%.

Moving Average

GOODTECH’s worth is above its 50-day moving average of kr13.38 and way higher than its 200-day moving average of kr11.39.

Sales Growth

GOODTECH’s sales growth is 278.6% for the ongoing quarter and 30% for the next.

Volume

Today’s last reported volume for GOODTECH is 3382 which is 93.86% below its average volume of 55091.

More news about GOODTECH.

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. The company 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 kr0.89.

PE Ratio

REACH SUBSEA has a trailing twelve months price to earnings ratio of 7.39. Meaning, the purchaser of the share is investing kr7.39 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%.

Sales Growth

REACH SUBSEA’s sales growth is 119.7% for the present quarter and 20% for the next.

More news about REACH SUBSEA.

3. SHELL PLC (SHELL.AS)

14.6% sales growth and 10.31% return on equity

Shell plc operates as an energy and petrochemical company Europe, Asia, Oceania, Africa, the United States, and Rest of the Americas. The company operates through Integrated Gas, Upstream, Marketing, Chemicals and Products, and Renewables and Energy Solutions segments. It explores for and extracts crude oil, natural gas, and natural gas liquids; markets and transports oil and gas; produces gas-to-liquids fuels and other products; and operates upstream and midstream infrastructure to deliver gas to market. The company also markets and trades natural gas, liquefied natural gas (LNG), crude oil, electricity, carbon-emission rights; and markets and sells LNG as a fuel for heavy-duty vehicles. In addition, it trades in and refines crude oil and other feed stocks, such as low-carbon fuels, lubricants, bitumen, sulphur, gasoline, diesel, aviation fuel, and marine fuel; produces and sells petrochemicals for industrial use; and manages oil sands activities. Further, the company produces base chemicals comprising ethylene, propylene, and aromatics, as well as intermediate chemicals, such as styrene monomer, propylene oxide, solvents, detergent alcohols, ethylene oxide, and ethylene glycol. Additionally, it generates electricity through wind and solar resources; produces and sells hydrogen; and provides electric vehicle charging services. The company was formerly known as Royal Dutch Shell plc and changed its name to Shell plc in January 2022. Shell plc was founded in 1907 and is headquartered in London, the United Kingdom.

Earnings Per Share

As for profitability, SHELL PLC has a trailing twelve months EPS of €2.51.

PE Ratio

SHELL PLC has a trailing twelve months price to earnings ratio of 13.22. Meaning, the purchaser of the share is investing €13.22 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 10.31%.

Moving Average

SHELL PLC’s value is above its 50-day moving average of €31.23 and way above its 200-day moving average of €30.06.

Sales Growth

SHELL PLC’s sales growth is negative 5.4% for the current quarter and 14.6% for the next.

More news about SHELL PLC.

4. SPAREBANK 1 SMN (MING.OL)

12.8% sales growth and 15.64% return on equity

SpareBank 1 SMN, together with its subsidiaries, provides various banking, accounting, and real estate products and services to private individuals and companies in Norway and internationally. The company offers mortgage, vehicle, green, move, consumer and other loans; refinancing; and placement, group, savings, business, group, tax deduction, currency, and deposit accounts. It also provides BSU house savings for young people; fixed interest deposits; savings and investments; cash services; and payments. In addition, the company offers car, home, personal, animal, vehicle, and travel insurance services; property buying and selling advisory services; and mobile and online banking, and various cards. Further, it offers loans for car, vehicles, and trailers, bank guarantees, business and construction loans, operating credit for agriculture, factoring, leasing, and overdrafts; various pension products; and business and personal insurance products. Additionally, the company provides documentary collection, letter of credit, forward contracts, and foreign currency account services; and accounting, HR services, taxes and duties, transactional advice, and IT solutions services. It offers money transfer, capital and investment management, advisory, interest rate and currency hedging, and investment of surplus liquidity services. SpareBank 1 SMN was founded in 1823 and is headquartered in Trondheim, Norway.

Earnings Per Share

As for profitability, SPAREBANK 1 SMN has a trailing twelve months EPS of kr17.54.

PE Ratio

SPAREBANK 1 SMN has a trailing twelve months price to earnings ratio of 8.57. Meaning, the purchaser of the share is investing kr8.57 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 15.64%.

Moving Average

SPAREBANK 1 SMN’s value is higher than its 50-day moving average of kr142.96 and higher than its 200-day moving average of kr139.95.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Mar 22, 2024, the estimated forward annual dividend rate is 12 and the estimated forward annual dividend yield is 7.98%.

Volume

Today’s last reported volume for SPAREBANK 1 SMN is 74990 which is 35.97% below its average volume of 117133.

More news about SPAREBANK 1 SMN.

5. WDP (WDP.BR)

12.5% sales growth and 3.99% return on equity

WDP develops and invests in logistics property (warehouses and offices). WDP has over 7 million m² of properties in its portfolio. This international portfolio of semi-industrial and logistics buildings is spread over about 300 sites at prime logistics hubs for storage and distribution in Belgium, France, the Netherlands, Luxembourg, Germany and Romania.

Earnings Per Share

As for profitability, WDP has a trailing twelve months EPS of €0.11.

PE Ratio

WDP has a trailing twelve months price to earnings ratio of 238.36. Meaning, the purchaser of the share is investing €238.36 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 3.99%.

More news about WDP.

6. DNB BANK (DNB.OL)

12% sales growth and 15.02% return on equity

DNB Bank ASA provides financial services for individual and business customers in Norway and internationally. The company offers savings, current, and pension accounts; fixed rate and security deposits; home and cabin mortgages, car and consumer loans, business loans, and refinancing; car, house, home contents, travel, personal, and non-life insurance product; payment services; and online and mobile banking services, as well as cards. It also provides overdraft facilities; leasing services; factoring, supply chain, and receivable purchase financing services; bank guarantee, secure trading, documentary collection, and letter of credit services; investment banking services, such as mergers and acquisition, equity and debt capital market, shares and securities, mutual funds and trading, and bonds and commodities; and private financing, as well as equity trading, foreign exchange, interest rates, and risk advisory services. In addition, the company offers treasury management, working capital, trade finance, auto lease and equipment financing, and corporate finance services, as well as act as an estate agents. DNB Bank ASA was founded in 1822 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, DNB BANK has a trailing twelve months EPS of kr24.8.

PE Ratio

DNB BANK has a trailing twelve months price to earnings ratio of 8.21. Meaning, the purchaser of the share is investing kr8.21 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 15.02%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Apr 26, 2023, the estimated forward annual dividend rate is 12.5 and the estimated forward annual dividend yield is 5.92%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter is 28.6% and a drop 11.9% for the next.

Yearly Top and Bottom Value

DNB BANK’s stock is valued at kr203.50 at 07:20 EST, under its 52-week high of kr212.80 and way above its 52-week low of kr168.05.

Revenue Growth

Year-on-year quarterly revenue growth grew by 16.6%, now sitting on 74.07B for the twelve trailing months.

More news about DNB BANK.

7. SONAE (SON.LS)

10.5% sales growth and 9.35% 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. operates as a subsidiary of Efanor Investimentos SGPS, SA.

Earnings Per Share

As for profitability, SONAE has a trailing twelve months EPS of €0.19.

PE Ratio

SONAE has a trailing twelve months price to earnings ratio of 5.06. Meaning, the purchaser of the share is investing €5.06 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 9.35%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 5.8%, now sitting on 8.34B for the twelve trailing months.

Dividend Yield

According to 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 5.65%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

SONAE’s EBITDA is 25.98.

More news about SONAE.

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