(VIANEWS) – REACH SUBSEA (REACH.OL), SALMAR (SALM.OL), SPBK1 NORD-NORGE (NONG.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)
71.2% sales growth and 16.67% return on equity
Reach Subsea ASA provides subsea services worldwide. The company operates in two segments, Oil & Gas and Renewable/Other. It 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. The company also provides asset integrity/pipeline inspection services; survey services, including geophysical, geotechnical, UXO, environmental, hydrography, and archaeology; and engineering and project management services. In addition, it offers construction support services comprising vessel, remotely operated vehicles, personnel, survey, and on demand engineering; seabed intervention; boulder clearance; touchdown monitoring; and pre-lay and post- lay survey. Further, the company provides offshore personnel contracting services; geophysical monitoring services, including real-time seismic monitoring, gravitude survey-based 4D gravity, seafloor subsidence monitoring, gravitude depthwatch for seismic nodes, injection integrity monitoring, well drilling, and under control; and environmental monitoring services, such as monitoring CO2 injection and storage, earthquake monitoring and prediction, and geothermal resources assessment and monitoring. 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 kr0.3.
PE Ratio
REACH SUBSEA has a trailing twelve months price to earnings ratio of 14.87. Meaning, the purchaser of the share is investing kr14.87 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 16.67%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on May 31, 2022, the estimated forward annual dividend rate is 0.18 and the estimated forward annual dividend yield is 4%.
Moving Average
REACH SUBSEA’s worth is higher than its 50-day moving average of kr4.26 and way above its 200-day moving average of kr3.91.
Volume
Today’s last reported volume for REACH SUBSEA is 355259 which is 41.13% below its average volume of 603482.
2. SALMAR (SALM.OL)
45.8% sales growth and 18.21% return on equity
SalMar ASA, an aquaculture company, produces and sells farmed salmon in Asia, the United States, Canada, Norway, rest of Europe, and internationally. It is involved in the broodfish, lumpfish, and smolt production activities; and marine-phase farming, harvesting, packaging, processing, and selling farmed salmon. The company sells its products to importers/exporters, processing companies, and retail chains through in-house sales force and/or through partners. SalMar ASA was founded in 1991 and is headquartered in Kverva, Norway.
Earnings Per Share
As for profitability, SALMAR has a trailing twelve months EPS of kr17.49.
PE Ratio
SALMAR has a trailing twelve months price to earnings ratio of 23.87. Meaning, the purchaser of the share is investing kr23.87 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 18.21%.
Moving Average
SALMAR’s worth is above its 50-day moving average of kr415.33 and way below its 200-day moving average of kr511.62.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jun 9, 2022, the estimated forward annual dividend rate is 20 and the estimated forward annual dividend yield is 4.89%.
3. SPBK1 NORD-NORGE (NONG.OL)
44.3% sales growth and 11.29% return on equity
SpareBank 1 Nord-Norge provides banking services to personal and corporate customers in Northern Norway. It operates through Retail Market, Corporate Market, Leasing, and Markets segments. The company offers various savings, lending, insurance, and pension products, as well as payment services. It also provides secured loan financing, real estate leasing and agency, billing systems, and accounting solutions. It operates through a network of 38 locations in 36 municipalities in Nordland, Troms, Finnmark, and Svalbard. The company was founded in 1836 and is headquartered in Tromsø, Norway.
Earnings Per Share
As for profitability, SPBK1 NORD-NORGE has a trailing twelve months EPS of kr8.36.
PE Ratio
SPBK1 NORD-NORGE has a trailing twelve months price to earnings ratio of 13.01. Meaning, the purchaser of the share is investing kr13.01 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 11.29%.
Yearly Top and Bottom Value
SPBK1 NORD-NORGE’s stock is valued at kr102.60 at 11:20 EST, way below its 52-week high of kr116.00 and way above its 52-week low of kr78.10.
Sales Growth
SPBK1 NORD-NORGE’s sales growth is 18.9% for the ongoing quarter and 44.3% for the next.
4. WALLENIUS WILHELMS (WAWI.OL)
12.4% sales growth and 21.73% return on equity
Wallenius Wilhelmsen ASA, together with its subsidiaries, provides roll-on roll-off (RoRo) shipping and vehicle logistics services worldwide. It operates through three segments: Shipping Services, Logistics Services, and Government Services. The company provides liner services through a fleet of approximately 50 modern and versatile RoRo vessels, which carry a mix of products, such as auto, construction, mining, agriculture machinery, and breakbulk products. It also offers inland transportation, supply chain management, and terminal services, as well as operates vehicle and equipment processing centres in key ports. The company provides its services principally under the Wallenius Wilhelmsen Ocean, Wallenius Wilhelmsen Solutions, EUKOR, ARC, Armacup, and Keen brands. The company serves agriculture, automotive, aviation, boats and yachts, breakbulk, commercial vehicles, construction, machinery and machine tools, mining, oil and gas, power and energy, and rail industries. It operates approximately 130 vessels servicing 15 trade routes. The company was founded in 1861 and is headquartered in Lysaker, Norway.
Earnings Per Share
As for profitability, WALLENIUS WILHELMS has a trailing twelve months EPS of kr-5.61.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 21.73%.
Volume
Today’s last reported volume for WALLENIUS WILHELMS is 43111 which is 86.22% below its average volume of 313028.
Moving Average
WALLENIUS WILHELMS’s worth is below its 50-day moving average of kr92.32 and way above its 200-day moving average of kr73.59.
5. SAMSE (SAMS.PA)
6.8% sales growth and 18.7% return on equity
Samse SA distributes building materials and tools in France. The company offers public works, roads, and sanitation products; construction materials and structural works; plaster, ceiling, and insulation; frame and roof; wood and panels; doors, windows, and joinery; floor and wall coverings; electricity, plumbing, sanitary, and heating; terrace and garden products, as well as tools, materials, hardware, and security. It serves customers through approximately 80 points of sales in Auvergne-Rhône-Alpes, Paca, and Gard. The company was founded in 1920 and is headquartered in Grenoble, France. Samse SA is a subsidiary of Dumont Investissement.
Earnings Per Share
As for profitability, SAMSE has a trailing twelve months EPS of €13.74.
PE Ratio
SAMSE has a trailing twelve months price to earnings ratio of 13.76. Meaning, the purchaser of the share is investing €13.76 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 18.7%.
