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

(VIANEWS) – REACH SUBSEA (REACH.OL), MONTEA (MONT.BR), X-FAB (XFAB.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. 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 6.79. Meaning, the purchaser of the share is investing kr6.79 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%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

REACH SUBSEA’s EBITDA is 1.29.

More news about REACH SUBSEA.

2. MONTEA (MONT.BR)

25.8% sales growth and 5.79% return on equity

Montea NV is a public regulated real estate company under Belgian law (GVV/SIR) that specialises in logistical property in Belgium, the Netherlands, France, and Germany. The company is a benchmark player in this market. Montea literally offers its customers the space to grow through versatile and innovative property solutions. In this way, Montea creates value for its shareholders. As of 30/09/2023 the property portfolio represented a total surface of 1,921,172 m² spread across 94 locations. Montea NV has been listed on Euronext Brussels (MONT) and Euronext Paris (MONTP) since the end of 2006.

Earnings Per Share

As for profitability, MONTEA has a trailing twelve months EPS of €3.82.

PE Ratio

MONTEA has a trailing twelve months price to earnings ratio of 21.86. Meaning, the purchaser of the share is investing €21.86 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 5.79%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 13.5%, now sitting on 124.38M for the twelve trailing months.

Volume

Today’s last reported volume for MONTEA is 12411 which is 46.23% below its average volume of 23082.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on May 19, 2023, the estimated forward annual dividend rate is 3.3 and the estimated forward annual dividend yield is 3.97%.

More news about MONTEA.

3. X-FAB (XFAB.PA)

23.3% sales growth and 19.58% return on equity

X-FAB Silicon Foundries SE operates as an analog/mixed-signal semiconductor technology foundry. The company manufactures silicon wafers for automotive, industrial, consumer, medical, and mobile communications, and other applications; and analog/mixed-signal integrated circuits, sensors, and micro-electro-mechanical systems. It also provides manufacturing and design support services for customers that design analog/mixed-signal integrated circuits and other semiconductor devices, as well as engineering and prototyping, outsourcing, technical, and design support services. The company serves integrated device manufacturers, original equipment manufacturers, and fabless semiconductor companies. It operates in Belgium, Germany, the United Kingdom, Austria, France, Switzerland, Denmark, Sweden, Finland, Netherlands, Ireland, Singapore, China, Japan, Thailand, Malaysia, Korea, Taiwan, Hong Kong, New Zealand, the United States, and internationally. The company was founded in 1992 and is based in Tessenderlo, Belgium.

Earnings Per Share

As for profitability, X-FAB has a trailing twelve months EPS of €1.16.

PE Ratio

X-FAB has a trailing twelve months price to earnings ratio of 8.59. Meaning, the purchaser of the share is investing €8.59 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 19.58%.

More news about X-FAB.

4. MELHUS SPAREBANK (MELG.OL)

15.6% sales growth and 10.56% return on equity

Melhus Sparebank, a savings bank, provides various banking products and services to companies, agriculture customers, and private individuals in Norway. The company offers savings accounts; construction and business loans; bank guarantee, overdraft, and leasing services; and credit and bank cards. It also provides various insurance products for liability, health, personnel, occupational injury, travel, accident, business, store, data attack, property damage, craftsman, homeowners, office, vehicle, and farms; savings and pension products; payment services; and online and mobile banking services. The company operates through branch offices in central Trondheim, Heimdal, Ler, and Korsvegen. Melhus Sparebank was founded in 1840 and is headquartered in Melhus, Norway.

Earnings Per Share

As for profitability, MELHUS SPAREBANK has a trailing twelve months EPS of kr17.12.

PE Ratio

MELHUS SPAREBANK has a trailing twelve months price to earnings ratio of 9.35. Meaning, the purchaser of the share is investing kr9.35 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 10.56%.

Moving Average

MELHUS SPAREBANK’s value is above its 50-day moving average of kr158.32 and under its 200-day moving average of kr160.94.

Volume

Today’s last reported volume for MELHUS SPAREBANK is 53 which is 86.88% below its average volume of 404.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Mar 17, 2023, the estimated forward annual dividend rate is 11 and the estimated forward annual dividend yield is 6.88%.

More news about MELHUS SPAREBANK.

5. SCHLUMBERGER (SLB.PA)

14% sales growth and 22.62% 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 €2.67.

PE Ratio

SCHLUMBERGER has a trailing twelve months price to earnings ratio of 16.97. Meaning, the purchaser of the share is investing €16.97 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 22.62%.

More news about SCHLUMBERGER.

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