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

(VIANEWS) – REACH SUBSEA (REACH.OL), SALMAR (SALM.OL), SMARTCRAFT (SMCRT.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 18.34% 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 kr0.59.

PE Ratio

REACH SUBSEA has a trailing twelve months price to earnings ratio of 6.29. Meaning, the purchaser of the share is investing kr6.29 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 18.34%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 81.4%, now sitting on 1.27B for the twelve trailing months.

Sales Growth

REACH SUBSEA’s sales growth is 12.6% for the present quarter and 71.2% for the next.

More news about REACH SUBSEA.

2. SALMAR (SALM.OL)

55.4% sales growth and 20.22% return on equity

SalMar ASA, an aquaculture company, produces and sells farmed salmon in Asia, North America, Europe, and internationally. The company operates through Fish Farming, Sales & Industry, Icelandic Salmon, and SalMar Aker Ocean segments. It is involved in the broodstock, lumpfish, and smolt production activities; and marine-phase farming, harvesting, processing, and selling farmed salmon. 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 kr29.71.

PE Ratio

SALMAR has a trailing twelve months price to earnings ratio of 14.41. Meaning, the purchaser of the share is investing kr14.41 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 20.22%.

More news about SALMAR.

3. SMARTCRAFT (SMCRT.OL)

23.7% sales growth and 10.68% return on equity

SmartCraft ASA provides software solutions to the construction industry in Norway, Sweden, and Finland. The company offers Cordel; Bygglet, a SaaS born in the cloud solution; EL-VIS, a solution for electricians; and Congrid, a cloud-based tool for project management in construction companies. It also provides HomeRun, a digital tool for construction, project communication, document, and procurement management; Kvalitetskontroll, a cloud-based project management solution and quality assurance platform for construction companies; El-verdi, a digital sales tool for electricians; and ELinn, a cloud based solution for electricians to handle project management services. The company was founded in 1987 and is headquartered in Hønefoss, Norway.

Earnings Per Share

As for profitability, SMARTCRAFT has a trailing twelve months EPS of kr0.47.

PE Ratio

SMARTCRAFT has a trailing twelve months price to earnings ratio of 44.68. Meaning, the purchaser of the share is investing kr44.68 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 10.68%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

SMARTCRAFT’s EBITDA is 68.2.

More news about SMARTCRAFT.

4. SONAECOM,SGPS (SNC.LS)

19.6% sales growth and 5.08% return on equity

Sonaecom, S.G.P.S., S.A., together with its subsidiaries, operates in technology, media, and telecommunications areas worldwide. The company provides consultancy services in the area of information systems; sells licensed software; and research, development, consulting, maintenance, and audit services for products, systems, facilities, and communication and security services. It also engages in the editing, composition, and publication of periodical and non-periodical materials, as well as exploration of radio and TV stations and studios; consulting, advisory, audit, and maintenance of various facilities, and communication services and security systems; and purchase and installation of communication and security systems. In addition, the company is involved in the research, development, and commercialization of projects and service solutions in the area of information technology, communications and retail, and consulting activities for business and management; development, installation, implementation, training, and maintenance of systems and software products; rental of equipment; consulting business; industries and trade of electronic equipment and software; and advisory in retail segments, and industries and services. Further, it provides support, management consulting, and administration, primarily in the areas of accounting, taxation, administrative procedures, logistics, human resources, and training; and services in IT and cybersecurity to institutions, banks, and insurance companies, as well as invests in and manages venture capital and venture capital funds. The company was founded in 1988 and is headquartered in Cidade da Maia, Portugal. Sonaecom, S.G.P.S., S.A. is a subsidiary of Sonae, SGPS, S.A.

Earnings Per Share

As for profitability, SONAECOM,SGPS has a trailing twelve months EPS of €0.21.

PE Ratio

SONAECOM,SGPS has a trailing twelve months price to earnings ratio of 11.9. Meaning, the purchaser of the share is investing €11.9 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 5.08%.

More news about SONAECOM,SGPS.

5. KONGSBERG GRUPPEN (KOG.OL)

13.8% sales growth and 22.35% return on equity

Kongsberg Gruppen ASA, together with its subsidiaries, provides high-tech systems and solutions primarily to customers in the maritime and defense markets. The company operates through three segments: Kongsberg Maritime, Kongsberg Defence & Aerospace, and Other. The Kongsberg Maritime segment offers solutions and systems for bridge and control systems, which include dynamic positioning, propulsion control, and navigation, as well as automation systems; energy solutions and ship design services; and propellers, thrusters, water jet systems, and systems for offshore manoeuvring of maritime vessels. This segment also provides winches for mooring, anchor handling, and special systems for offshore vessels, tugs, marine vessels, and various other classes of vessel, as well as cranes; hydroacoustics; autonomous underwater vessels and solutions for autonomous maritime vessels; and products related to fisheries, systems for underwater mapping, and sensors and solutions for specialist vessels. The Kongsberg Defence & Aerospace segment offers various systems and services to the defense industry. It provides air defense and combat systems, sonars, and navigation for marine vessels and submarines, as well as integrated command and control systems; remote tower solutions for airports; remote control weapon stations for land-based vehicles and marine vessels; products for military tactical communication; naval strike and air-to-surface missiles; and lightweight composite and titanium components for F-35 combat aircraft. This segment also offers components and services to the space industry, as well as port monitoring systems; and maintenance, repair, and overhaul services. The Other segment focuses on digitalization within the oil and gas, wind, and merchant marine markets. It operates primarily in Norway, Europe, North America, South America, Asia, Australia, and Africa. Kongsberg Gruppen ASA was founded in 1814 and is headquartered in Kongsberg, Norway.

Earnings Per Share

As for profitability, KONGSBERG GRUPPEN has a trailing twelve months EPS of kr17.65.

PE Ratio

KONGSBERG GRUPPEN has a trailing twelve months price to earnings ratio of 26.57. Meaning, the purchaser of the share is investing kr26.57 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 22.35%.

Sales Growth

KONGSBERG GRUPPEN’s sales growth is 18.9% for the present quarter and 13.8% for the next.

More news about KONGSBERG GRUPPEN.

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