(VIANEWS) – REACH SUBSEA (REACH.OL), SPBK1 NORD-NORGE (NONG.OL), SPAREBANK 1 SMN (MING.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 kr0.57.
PE Ratio
REACH SUBSEA has a trailing twelve months price to earnings ratio of 6.44. Meaning, the purchaser of the share is investing kr6.44 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%.
Moving Average
REACH SUBSEA’s value is under its 50-day moving average of kr4.06 and way under its 200-day moving average of kr4.17.
Earnings Before Interest, Taxes, Depreciation, and Amortization
REACH SUBSEA’s EBITDA is 13.79.
Revenue Growth
Year-on-year quarterly revenue growth grew by 81.4%, now sitting on 1.27B for the twelve trailing months.
More news about REACH SUBSEA.
2. SPBK1 NORD-NORGE (NONG.OL)
30.3% sales growth and 13.71% return on equity
SpareBank 1 Nord-Norge provides banking services in Northern Norway. It operates through Retail Market, Corporate Market, Leasing, and Markets segments. The company offers mortgage, car, vehicle, and other loan related services. It also offers vehicle, home, travel, personal, and pet insurance services. In addition, the company provides various savings and pension related services, as well as debit and credit card services. Further, it offers financing, real estate leasing, agency, payment, and investment services. 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 kr9.47.
PE Ratio
SPBK1 NORD-NORGE has a trailing twelve months price to earnings ratio of 10.05. Meaning, the purchaser of the share is investing kr10.05 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 13.71%.
Sales Growth
SPBK1 NORD-NORGE’s sales growth is 66.9% for the ongoing quarter and 30.3% for the next.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Mar 31, 2023, the estimated forward annual dividend rate is 8.2 and the estimated forward annual dividend yield is 8.75%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is 110.6% and a drop 22.6% for the next.
Volume
Today’s last reported volume for SPBK1 NORD-NORGE is 3468 which is 96.51% below its average volume of 99391.
More news about SPBK1 NORD-NORGE.
3. SPAREBANK 1 SMN (MING.OL)
22.7% sales growth and 12.31% return on equity
SpareBank 1 SMN, together with its subsidiaries, provides various banking, accounting, and real estate products and services to private individuals and companies in Norway and internationally. The company offers mortgage, car, boat, other vehicles, and consumer loans; refinancing; and current, savings, billing, business, group, tax deduction, currency, and deposit accounts. It also provides BSU house savings for young people; fixed interest deposits; stocks and investments; cash services; and payments. In addition, the company offers vehicle, housing and travel, person, animal, and valuables insurance services; property buying and selling advisory services; and mobile and online banking, and various cards. Further, it offers loans and financing, including bank guarantees, business and construction loans, operating credit for agriculture, factoring, guarantees, leasing, and overdrafts; various pension products; and business and personal insurance products. Additionally, the company provides document collection, letter of credit, future business, and currency option services; and services, including accounting and payroll, HR, taxes and duties, and transfer of ownership, as well as IT solutions. It offers real estate agency, advisory, and external and equity financing services. SpareBank 1 SMN was founded in 1823 and is headquartered in Trondheim, Norway.
Earnings Per Share
As for profitability, SPAREBANK 1 SMN has a trailing twelve months EPS of kr11.74.
PE Ratio
SPAREBANK 1 SMN has a trailing twelve months price to earnings ratio of 11.72. Meaning, the purchaser of the share is investing kr11.72 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 12.31%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Mar 29, 2023, the estimated forward annual dividend rate is 6.5 and the estimated forward annual dividend yield is 4.64%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 14.7%, now sitting on 6.17B for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 37.2% and 38.1%, respectively.
More news about SPAREBANK 1 SMN.
4. SPBK1 RINGERIKE (RING.OL)
21.7% sales growth and 10.56% return on equity
SpareBank 1 Ringerike Hadeland provides various banking products and services to private and corporate customers in Norway. The company offers saving, current, deposit, and currency accounts; vehicle, house and travel, and animal insurance products, as well as life, child, disability, critical illness, accident, health, and business and personal insurance products; mobile and online banking services; and debit and credit cards. It also provides mortgages; car, boat, and other vehicles; consumer and other loans; and bank guarantees, corporate and construction loans, liquidity loans with a government guarantee, and operating credit for agriculture, as well as factoring, leasing, and overdraft services. In addition, the company offers services for buying and selling property; accounting services; pension products; and savings and investment products. The company was founded in 1833 and is based in Hønefoss, Norway.
Earnings Per Share
As for profitability, SPBK1 RINGERIKE has a trailing twelve months EPS of kr26.66.
PE Ratio
SPBK1 RINGERIKE has a trailing twelve months price to earnings ratio of 12. Meaning, the purchaser of the share is investing kr12 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 10.56%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 28.9% and 49.2%, respectively.
More news about SPBK1 RINGERIKE.
5. MELEXIS (MELE.BR)
9.6% sales growth and 41.13% return on equity
Melexis NV designs, develops, tests, and markets advanced integrated semiconductor devices primarily for the automotive industry in Europe, the Middle-East, Africa, the Asia Pacific, and North and Latin America. The company provides magnetic position, latch and switch, current, inductive position, tire monitoring, temperature, optical, pressure, and speed sensor ICs. It also offers embedded motor driver, fan and pump, LED, and pre driver ICs; and LIN transceiver, CAN transceiver, RFID Transceiver NFC Sensor tag ICs. The company was founded in 1988 and is headquartered in Ieper, Belgium. Melexis NV is a subsidiary of Xtrion N.V.
Earnings Per Share
As for profitability, MELEXIS has a trailing twelve months EPS of €4.94.
PE Ratio
MELEXIS has a trailing twelve months price to earnings ratio of 19.09. Meaning, the purchaser of the share is investing €19.09 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 41.13%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on May 10, 2023, the estimated forward annual dividend rate is 4.4 and the estimated forward annual dividend yield is 4.58%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 5.1% and 5.8%, respectively.
More news about MELEXIS.
