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

(VIANEWS) – MAGNORA (MGN.OL), REACH SUBSEA (REACH.OL), ELIS (ELIS.PA) 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. MAGNORA (MGN.OL)

210.1% sales growth and 52.28% return on equity

Magnora ASA operates as a renewable energy development company. It primarily focuses on developing wind and solar photovoltaic (PV) projects. The company also hold license agreements with the Dana Western Isles and Shell Penguins FPSO. It serves oil companies and marine contractors in the United Kingdom, Norway, and Sweden. The company was formerly known as Sevan Marine ASA and changed its name to Magnora ASA in October 2018. Magnora ASA was incorporated in 2001 and is based in Oslo, Norway.

Earnings Per Share

As for profitability, MAGNORA has a trailing twelve months EPS of kr3.95.

PE Ratio

MAGNORA has a trailing twelve months price to earnings ratio of 7.46. Meaning, the purchaser of the share is investing kr7.46 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 52.28%.

Moving Average

MAGNORA’s worth is below its 50-day moving average of kr31.18 and under its 200-day moving average of kr30.65.

Sales Growth

MAGNORA’s sales growth is negative 94.8% for the present quarter and 210.1% for the next.

Earnings Before Interest, Taxes, Depreciation, and Amortization

MAGNORA’s EBITDA is -76.25.

Volume

Today’s last reported volume for MAGNORA is 40380 which is 66.03% below its average volume of 118871.

More news about MAGNORA.

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 6.98. Meaning, the purchaser of the share is investing kr6.98 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%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter is 113% and a drop 122.2% for the next.

Moving Average

REACH SUBSEA’s value is higher than its 50-day moving average of kr4.34 and higher than its 200-day moving average of kr4.27.

Yearly Top and Bottom Value

REACH SUBSEA’s stock is valued at kr4.40 at 11:20 EST, way below its 52-week high of kr5.22 and way higher than its 52-week low of kr3.54.

Volume

Today’s last reported volume for REACH SUBSEA is 93988 which is 60.08% below its average volume of 235484.

More news about REACH SUBSEA.

3. ELIS (ELIS.PA)

77.2% sales growth and 9.02% return on equity

Elis SA provides flat linen, workwear, and hygiene and well-being solutions in France, Central Europe, Scandinavia, Eastern Europe, the United Kingdom, Ireland, Latin America, Southern Europe, and internationally. The company offers table, bed, kitchen, patient, and bath linens; workwear and personal protective equipment; beverage solutions, such as water coolers and accessories, cups and bottles, and coffee machines; floor protection mats and mops; industrial wipers; and pest and rodent control, insect control, or disinfection services. It also provides washroom hygiene services, such as hand washing and drying, toilet hygiene and urinals, lavatories, and air fragrancing; and reusable cleanroom garments, footwear, goggles, and related contamination control solutions, as well as cleaning systems. In addition, the company offers various solutions for collection and disposal of infectious waste, as well as laundry facilities. It primarily serves the catering, accommodation, healthcare and social welfare, industries, trade and retail, and services sectors, as well as public authorities and administration. Elis SA was founded in 1883 and is headquartered in Saint-Cloud, France.

Earnings Per Share

As for profitability, ELIS has a trailing twelve months EPS of €1.19.

PE Ratio

ELIS has a trailing twelve months price to earnings ratio of 17.21. Meaning, the purchaser of the share is investing €17.21 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 9.02%.

Yearly Top and Bottom Value

ELIS’s stock is valued at €20.48 at 11:20 EST, higher than its 52-week high of €19.37.

Revenue Growth

Year-on-year quarterly revenue growth grew by 17.8%, now sitting on 4.14B for the twelve trailing months.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on May 30, 2023, the estimated forward annual dividend rate is 0.41 and the estimated forward annual dividend yield is 2.17%.

More news about ELIS.

4. BASIC-FIT (BFIT.AS)

31.3% sales growth and 4.68% return on equity

Basic-Fit N.V., together with its subsidiaries, engages in the operation of fitness clubs. It operates 1200 clubs under Basic-Fit brand in Netherlands, Belgium, Luxembourg, Germany, France, and Spain. The company was founded in 1984 and is headquartered in Hoofddorp, the Netherlands.

Earnings Per Share

As for profitability, BASIC-FIT has a trailing twelve months EPS of €0.27.

PE Ratio

BASIC-FIT has a trailing twelve months price to earnings ratio of 100. Meaning, the purchaser of the share is investing €100 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 4.68%.

Volume

Today’s last reported volume for BASIC-FIT is 30186 which is 74.49% below its average volume of 118349.

Moving Average

BASIC-FIT’s value is higher than its 50-day moving average of €26.81 and way under its 200-day moving average of €30.49.

More news about BASIC-FIT.

5. HOLLAND COLOURS (HOLCO.AS)

13.8% sales growth and 6.75% return on equity

Holland Colours N.V., together with its subsidiaries, manufactures, distributes, and sells color concentrates in Europe, the Middle East, India, Africa, the Americas, and Asia. The company offers colorants for the building and construction industry, including profiles, pipes, tubing and fittings, siding and cladding, decking, fencing, window blinds, and insulation, as well as solutions for a range of polymers. It also provides colorants for packaging applications comprising water, carbonated soft drinks, fruit juices, dairy, beer, wine, detergents, pharmaceutical, and personal care products. In addition, the company offers coatings, sealants, or adhesives; and colorants for other markets, such as shopping bags, polybags, mulch films, OPP tapes, PU flexible foams, synthetic leather, fiber glass and buttons, paving blocks, artificial stones, cast PMMA, PP non-woven and spunbond, coatings, flexible PVCs, prosthetics, glass fiber reinforced nylon, and silicone rubber and elastomers. It sells its products through a network of agents and distributors. The company was founded in 1979 and is headquartered in Apeldoorn, the Netherlands. Holland Colours N.V. is a subsidiary of Holland Pigments BV.

Earnings Per Share

As for profitability, HOLLAND COLOURS has a trailing twelve months EPS of €4.68.

PE Ratio

HOLLAND COLOURS has a trailing twelve months price to earnings ratio of 19.66. Meaning, the purchaser of the share is investing €19.66 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 6.75%.

Sales Growth

HOLLAND COLOURS’s sales growth is 13.8% for the ongoing quarter and 13.8% for the next.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Jul 17, 2023, the estimated forward annual dividend rate is 3.41 and the estimated forward annual dividend yield is 3.77%.

Volume

Today’s last reported volume for HOLLAND COLOURS is 170 which is 50.44% above its average volume of 113.

More news about HOLLAND COLOURS.

6. SATS (SATS.OL)

10.1% sales growth and 3.89% return on equity

Sats ASA provides fitness and training services in Norway, Sweden, Denmark, and Finland. The company offers sportswear, fitness gear, bars, and energy drinks. It operates 275 fitness clubs under the SATS, ELIXIA, Fresh Fitness, SATSonline and SATSYoga brands. The company was founded in 1995 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, SATS has a trailing twelve months EPS of kr0.17.

PE Ratio

SATS has a trailing twelve months price to earnings ratio of 111.41. Meaning, the purchaser of the share is investing kr111.41 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 3.89%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter is 108.1% and a drop 12.9% for the next.

Volume

Today’s last reported volume for SATS is 139023 which is 36.2% below its average volume of 217927.

Moving Average

SATS’s value is way higher than its 50-day moving average of kr15.24 and way higher than its 200-day moving average of kr12.07.

Sales Growth

SATS’s sales growth is 9.4% for the ongoing quarter and 10.1% for the next.

More news about SATS.

7. SEABIRD EXPLORAT (SBX.OL)

8.1% 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 14.67. Meaning, the purchaser of the share is investing kr14.67 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%.

Sales Growth

SEABIRD EXPLORAT’s sales growth is negative 10.4% for the current quarter and 8.1% for the next.

Moving Average

SEABIRD EXPLORAT’s worth is below its 50-day moving average of kr4.85 and above its 200-day moving average of kr4.61.

Yearly Top and Bottom Value

SEABIRD EXPLORAT’s stock is valued at kr4.70 at 11:20 EST, way under its 52-week high of kr6.00 and way above its 52-week low of kr3.40.

More news about SEABIRD EXPLORAT.

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