MPC CONTAINER SHIP And 3 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – MPC CONTAINER SHIP (MPCC.OL), SELVAAG BOLIG (SBO.OL), REACH SUBSEA (REACH.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. MPC CONTAINER SHIP (MPCC.OL)

896.3% sales growth and 62.47% return on equity

MPC Container Ships ASA owns and operates a portfolio of container vessels. The company focuses on small-to mid-size vessels that are chartered out on time-charter contracts to global and regional liner shipping companies serving intra-regional trade lanes. It operates a fleet of 62 vessels with an aggregate capacity of approximately 134,270 twenty-foot equivalent units. MPC Container Ships ASA was incorporated in 2017 and is based in Oslo, Norway.

Earnings Per Share

As for profitability, MPC CONTAINER SHIP has a trailing twelve months EPS of kr11.33.

PE Ratio

MPC CONTAINER SHIP has a trailing twelve months price to earnings ratio of 1.24. Meaning, the purchaser of the share is investing kr1.24 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 62.47%.

More news about MPC CONTAINER SHIP.

2. SELVAAG BOLIG (SBO.OL)

133% sales growth and 10.32% 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 13.92. Meaning, the purchaser of the share is investing kr13.92 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 10.32%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 13.4%, now sitting on 3.14B for the twelve trailing months.

More news about SELVAAG BOLIG.

3. REACH SUBSEA (REACH.OL)

19.4% sales growth and 24.57% 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 7.16. Meaning, the purchaser of the share is investing kr7.16 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 24.57%.

Yearly Top and Bottom Value

REACH SUBSEA’s stock is valued at kr4.51 at 11:20 EST, way below its 52-week high of kr5.22 and way above its 52-week low of kr3.54.

Earnings Before Interest, Taxes, Depreciation, and Amortization

REACH SUBSEA’s EBITDA is 3.45.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 62.5% and 60.9%, respectively.

Volume

Today’s last reported volume for REACH SUBSEA is 266781 which is 12.12% below its average volume of 303588.

More news about REACH SUBSEA.

4. NORBIT (NORBT.OL)

9.7% sales growth and 27.5% return on equity

Norbit ASA provides technology products and solutions. It operates through Oceans, Connectivity, and Product Innovation and Realization segments. The company offers multibeam sonar systems, including integrated bathymetric systems, bathymetry systems, advanced monitoring systems for dredging, construction and renewables, forward looking wide area imaging, advanced imaging systems for obstacle avoidance/MCM, and above water laser products under the NORBIT WINGHEAD, NORBIT WBMS, NORBIT NORdredge, and NORBIT FLS names; customized cable assemblies, electromechanical box builds, and operational solutions; SeaCOP, a sensor integration platform and user interface common operational picture for emergency response; SECurus provides thermal and daylight stabilized camera solutions; SeaView, which offers thermal and daylight, pan, tilt, and zoom for environmental monitoring, and security and general surveillance; and SeaDarQ, a radar processing solution. It also provides sensing solutions for detecting threats at sea plus waterside security above and below the surface; FCL600, an underwater light solution for aquaculture industry; iData, which offers vehicle monitoring, telematics services, and fleet management for asset and vehicle management; and dedicated short-range communication technology for traffic system and vehicle application. In addition, the company offers research and development services, and contract manufacturing to industrial customers; and sells products based on proprietary technology, including special instrumentation n based on radar, radio frequency, and embedded signal processing technology. The company was founded in 1995 and is headquartered in Trondheim, Norway.

Earnings Per Share

As for profitability, NORBIT has a trailing twelve months EPS of kr2.9.

PE Ratio

NORBIT has a trailing twelve months price to earnings ratio of 20.41. Meaning, the purchaser of the share is investing kr20.41 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 27.5%.

Sales Growth

NORBIT’s sales growth is 26.4% for the present quarter and 9.7% for the next.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on May 5, 2023, the estimated forward annual dividend rate is 0.7 and the estimated forward annual dividend yield is 1.25%.

Moving Average

NORBIT’s worth is above its 50-day moving average of kr56.82 and way higher than its 200-day moving average of kr49.16.

More news about NORBIT.

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