REACH SUBSEA And 4 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – REACH SUBSEA (REACH.OL), SELVAAG BOLIG (SBO.OL), VOLUE (VOLUE.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. 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 6.92. Meaning, the purchaser of the share is investing kr6.92 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 26.05%.

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2. SELVAAG BOLIG (SBO.OL)

31.3% sales growth and 8.14% 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 14.77. Meaning, the purchaser of the share is investing kr14.77 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 8.14%.

Yearly Top and Bottom Value

SELVAAG BOLIG’s stock is valued at kr28.65 at 11:20 EST, way below its 52-week high of kr39.85 and way above its 52-week low of kr25.30.

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3. VOLUE (VOLUE.OL)

21.5% sales growth and 6.57% return on equity

Volue ASA, together with its subsidiaries, engages in the provision of software and technology solutions for the energy, power grid, and infrastructure markets worldwide. It operates in three segments: Energy, Power Grid, and Infrastructure. The Energy segment offers software solutions and consulting services related to forecasting and optimization of the different energy markets that enables end-to-end optimization of the green energy value-chain. The Power Grid segment provides software solutions and consulting services that enables power distributors to support electrification of society by unlocking flexibility and digital management of the power grid. The Infrastructure segment offers software solutions and consulting services that delivers flexible solutions for digital water management. This segment is also involved in the automation of processes and machines for the construction industry. Volue ASA was incorporated in 2019 and is headquartered in Oslo, Norway. Volue ASA operates as a subsidiary of Arendals Fossekompani ASA.

Earnings Per Share

As for profitability, VOLUE has a trailing twelve months EPS of kr0.36.

PE Ratio

VOLUE has a trailing twelve months price to earnings ratio of 48.72. Meaning, the purchaser of the share is investing kr48.72 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 6.57%.

Moving Average

VOLUE’s worth is way under its 50-day moving average of kr21.28 and way under its 200-day moving average of kr21.89.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is a negative 14.3% and a negative 4.3%, respectively.

More news about VOLUE.

4. TOTENS SPAREBANK (TOTG.OL)

19.5% sales growth and 11.52% return on equity

Totens Sparebank provides various banking and financial products and services in Norway. The company offers savings and pension products; mortgage, car, other vehicle, business, and construction loans; small loans; leasing; overdrafts and bank guarantees; home, leisure, car and other vehicle, animal, company and employee, agriculture, business, data attack, property damage, craftsman, health, landlord, collective, personnel, travel, and occupational injury insurance; and business and credit cards. It also provides online and mobile banking services; and payment solutions. Totens Sparebank was founded in 1854 and is headquartered in Lena, Norway.

Earnings Per Share

As for profitability, TOTENS SPAREBANK has a trailing twelve months EPS of kr22.58.

PE Ratio

TOTENS SPAREBANK has a trailing twelve months price to earnings ratio of 8.72. Meaning, the purchaser of the share is investing kr8.72 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 11.52%.

Volume

Today’s last reported volume for TOTENS SPAREBANK is 440 which is 52.53% below its average volume of 927.

Yearly Top and Bottom Value

TOTENS SPAREBANK’s stock is valued at kr197.00 at 11:20 EST, way below its 52-week high of kr240.00 and higher than its 52-week low of kr182.00.

Sales Growth

TOTENS SPAREBANK’s sales growth for the next quarter is 19.5%.

More news about TOTENS SPAREBANK.

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 19.02. Meaning, the purchaser of the share is investing €19.02 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%.

Moving Average

HOLLAND COLOURS’s value is below its 50-day moving average of €90.87 and way under its 200-day moving average of €106.96.

More news about HOLLAND COLOURS.

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