(VIANEWS) – NORBIT (NORBT.OL), CTP (CTPNV.AS), ORKLA (ORK.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. NORBIT (NORBT.OL)
22% sales growth and 24.78% 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 kr2.49.
PE Ratio
NORBIT has a trailing twelve months price to earnings ratio of 23.13. Meaning, the purchaser of the share is investing kr23.13 for every norwegian krone of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 24.78%.
Moving Average
NORBIT’s value is higher than its 50-day moving average of kr55.60 and way above its 200-day moving average of kr40.50.
Revenue Growth
Year-on-year quarterly revenue growth grew by 60.2%, now sitting on 1.31B for the twelve trailing months.
More news about NORBIT.
2. CTP (CTPNV.AS)
20.8% sales growth and 14.49% return on equity
CTP N.V. owns, develops, manages, and leases logistics and industrial real estate properties in Central, Western, and Eastern Europe. The company offers various building for small and growing businesses, global enterprises, built to suit, and other offices. It also develops urban parks which are harbour mixed-use building and space types, such as premium offices, retail stores, office services, public spaces, and other amenities. CTP N.V. was founded in 1998 and is based in Amsterdam, the Netherlands. CTP N.V. is a subsidiary of CTP Holding B.V.
Earnings Per Share
As for profitability, CTP has a trailing twelve months EPS of €2.2.
PE Ratio
CTP has a trailing twelve months price to earnings ratio of 5.79. Meaning, the purchaser of the share is investing €5.79 for every euro of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 14.49%.
More news about CTP.
3. ORKLA (ORK.OL)
8.5% sales growth and 13.02% return on equity
Orkla ASA engages in branded consumer goods, and industrial and financial investment businesses. The company offers branded products, including frozen pizza, ketchup, soups, sauces, bread toppings, and ready-to-eat meals through grocery channels, as well as food service, convenience stores, and petrol stations. It also provides confectionery, biscuit, and snack products; and develops bran and crispbread products, as well as energy snack meals. In addition, the company offers personal care and cleaning products; dietary supplement, sport nutrition, and weight control products; wound care products and first aid equipment; painting tools; basic and wool garments for men, women, and children; and professional cleaning products. Further, it operates Gymgrossisten, Proteinfabrikken, Bodystore, and Fitnessmarket e-commerce portals for health and sports nutrition products; and restaurants. Additionally, the company supplies margarine and butter blends, bread and cake improvers and mixes, yeast, marzipan, and ice cream ingredients; produces and supplies hydro power to the Nordic power market; and develops and sells real estate properties. It offers its food products under the Grandiosa, TORO, Stabburet, Felix, Paulúns, NATURLI', Abba, Beauvais, Den Gamle Fabrik, Spilva, and Vitana brands; confectionery and snacks under the KiMs, Nidar, Stratos, Sætre, Göteborgs Kex, OLW, Panda, Laima, Selga, Taffel, Kalev, and Nói Síríus brands; health and sports nutrition under e Zalo, Jif, Bliw, Grumme, Blenda, Define, Möller's, Collett, Nutrilett, Maxim, Norgesplaster, and Salvequick brands; and food ingredients under the Odense, Mors Hjemmebakte, KronJäst, Bakkedal, and NATURLI brands. It has operations in Norway, Sweden, Denmark, Finland, Iceland, the Baltics, rest of Europe, and internationally. The company was founded in 1918 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, ORKLA has a trailing twelve months EPS of kr5.32.
PE Ratio
ORKLA has a trailing twelve months price to earnings ratio of 15.09. Meaning, the purchaser of the share is investing kr15.09 for every norwegian krone of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 13.02%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
ORKLA’s EBITDA is 1.58.
Sales Growth
ORKLA’s sales growth is 11.4% for the current quarter and 8.5% for the next.
Yearly Top and Bottom Value
ORKLA’s stock is valued at kr80.26 at 12:20 EST, below its 52-week high of kr85.20 and way above its 52-week low of kr67.06.
More news about ORKLA.
4. SCHLUMBERGER (SLB.PA)
8.4% sales growth and 22.45% return on equity
Schlumberger Limited engages in the provision of technology for the energy industry worldwide. The company operates through four divisions: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems. The company provides field development and hydrocarbon production, carbon management, integration of adjacent energy systems; reservoir interpretation and data processing services for exploration data; and well construction and production improvement services and products. It also offers subsurface geology and fluids evaluation information; open and cased hole services; exploration and production pressure, and flow-rate measurement services; and pressure pumping, well stimulation, and coiled tubing equipment solutions. In addition, the company offers mud logging, directional drilling, measurement-while-drilling, and logging-while-drilling services, as well as engineering support services; supplies drilling fluid systems; designs, manufactures, and markets roller cone and fixed cutter drill bits; bottom-hole-assembly and borehole enlargement technologies; well cementing products and services; well planning, well drilling, engineering, supervision, logistics, procurement, and contracting of third parties, as well as drilling rig management solutions; and drilling equipment and services, as well as land drilling rigs and related services. Further, it provides artificial lift production equipment and optimization services; supplies packers, safety valves, sand control technology, and various intelligent well completions technology and equipment; designs and manufactures valves, chokes, actuators, and surface trees; and OneSubsea an integrated solutions, products, systems, and services, including wellheads, subsea trees, manifolds and flowline connectors, control systems, connectors, and services. The company was formerly known as Socie´te´ de Prospection E´lectrique. Schlumberger Limited was founded in 1926 and is based in Houston, Texas.
Earnings Per Share
As for profitability, SCHLUMBERGER has a trailing twelve months EPS of €2.47.
PE Ratio
SCHLUMBERGER has a trailing twelve months price to earnings ratio of 21.63. Meaning, the purchaser of the share is investing €21.63 for every euro of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 22.45%.
Yearly Top and Bottom Value
SCHLUMBERGER’s stock is valued at €53.43 at 12:20 EST, below its 52-week high of €55.00 and way higher than its 52-week low of €34.30.
More news about SCHLUMBERGER.
5. FLEX LNG (FLNG.OL)
6% sales growth and 16.76% return on equity
Flex LNG Ltd., together with its subsidiaries, engages in the seaborne transportation of liquefied natural gas (LNG) worldwide. The company owns and operates vessels with M-type electronically controlled gas injection LNG carriers; and vessels with generation X dual fuel propulsion systems. It also provides chartering services. Flex LNG Ltd. was incorporated in 2006 and is based in Hamilton, Bermuda.
Earnings Per Share
As for profitability, FLEX LNG has a trailing twelve months EPS of kr27.88.
PE Ratio
FLEX LNG has a trailing twelve months price to earnings ratio of 10.94. Meaning, the purchaser of the share is investing kr10.94 for every norwegian krone of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 16.76%.
Volume
Today’s last reported volume for FLEX LNG is 8554 which is 72.68% below its average volume of 31311.
Sales Growth
FLEX LNG’s sales growth is 5.2% for the current quarter and 6% for the next.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on May 31, 2023, the estimated forward annual dividend rate is 32.41 and the estimated forward annual dividend yield is 9.79%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is 5% and a drop 9.2% for the next.
More news about FLEX LNG.
