(VIANEWS) – REACH SUBSEA (REACH.OL), CLOUDBERRY CLEAN (CLOUD.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 kr0.58.
PE Ratio
REACH SUBSEA has a trailing twelve months price to earnings ratio of 6.98. Meaning, the purchaser of the share is investing kr6.98 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%.
Yearly Top and Bottom Value
REACH SUBSEA’s stock is valued at kr4.05 at 22:20 EST, way below its 52-week high of kr5.22 and way higher than its 52-week low of kr3.36.
Revenue Growth
Year-on-year quarterly revenue growth grew by 81.4%, now sitting on 1.27B for the twelve trailing months.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jun 1, 2023, the estimated forward annual dividend rate is 0.18 and the estimated forward annual dividend yield is 4.48%.
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2. CLOUDBERRY CLEAN (CLOUD.OL)
51.7% sales growth and 7.06% return on equity
Cloudberry Clean Energy ASA operates as a renewable energy company. It operates through four segments: Production, Development, Operations and Corporate. The company engages in the ownership, development, and operation of hydropower plants and wind farms in Norway, Sweden, and Denmark. Cloudberry Clean Energy ASA was incorporated in 2017 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, CLOUDBERRY CLEAN has a trailing twelve months EPS of kr0.87.
PE Ratio
CLOUDBERRY CLEAN has a trailing twelve months price to earnings ratio of 13.68. Meaning, the purchaser of the share is investing kr13.68 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 7.06%.
Yearly Top and Bottom Value
CLOUDBERRY CLEAN’s stock is valued at kr11.90 at 22:20 EST, way below its 52-week high of kr19.70 and way above its 52-week low of kr9.65.
Revenue Growth
Year-on-year quarterly revenue growth grew by 126.7%, now sitting on 247M for the twelve trailing months.
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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 12.15. Meaning, the purchaser of the share is investing kr12.15 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%.
Sales Growth
SPAREBANK 1 SMN’s sales growth is 26.5% for the ongoing quarter and 22.7% for the next.
Moving Average
SPAREBANK 1 SMN’s value is above its 50-day moving average of kr137.47 and way above its 200-day moving average of kr127.70.
Yearly Top and Bottom Value
SPAREBANK 1 SMN’s stock is valued at kr142.60 at 22:20 EST, way under its 52-week low of kr107.60.
Revenue Growth
Year-on-year quarterly revenue growth grew by 14.7%, now sitting on 6.17B for the twelve trailing months.
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4. ABN AMRO BANK N.V. (ABN.AS)
20% sales growth and 9.3% return on equity
ABN AMRO Bank N.V. provides various banking products and services to retail, private, and business clients in the Netherlands and internationally. It operates through three segments: Personal & Business Banking, Wealth Management, and Corporate Banking. The company provides savings and deposits products; labelled residential mortgage products under the Florius brands; and consumer loans under the Alpha Credit Nederland, Credivance, Defam, Moneyou, and ABN AMRO brands. It also issues, promotes, manages, and processes credit cards; provides revolving credit card facilities and pension schemes, as well as consumer credit and mortgages; and life and non-life insurance products. In addition, it offers asset-based solutions, including working capital solutions, equipment leases and loans, and vendor lease services; private banking and wealth-management-related services; and derivatives and equity clearing services. ABN AMRO Bank N.V. was incorporated in 2009 and is headquartered in Amsterdam, the Netherlands.
Earnings Per Share
As for profitability, ABN AMRO BANK N.V. has a trailing twelve months EPS of €2.23.
PE Ratio
ABN AMRO BANK N.V. has a trailing twelve months price to earnings ratio of 6.9. Meaning, the purchaser of the share is investing €6.9 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 9.3%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Apr 21, 2023, the estimated forward annual dividend rate is 1.6 and the estimated forward annual dividend yield is 10.57%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 13.6%, now sitting on 8.06B for the twelve trailing months.
Yearly Top and Bottom Value
ABN AMRO BANK N.V.’s stock is valued at €15.38 at 22:20 EST, below its 52-week high of €17.00 and way above its 52-week low of €8.69.
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5. BOUYGUES (EN.PA)
16.5% sales growth and 8.4% return on equity
Bouygues SA, together with its subsidiaries, operates in the construction, energy, telecom, and media sectors in France and internationally. The company designs, builds, renovates, operates, and deconstructs building, infrastructure, and industrial projects; develops urban planning, residential, and commercial projects; builds and maintains roads and motorways, airport runways, ports, industrial logistics hubs, external works and amenities, reserved-lane public transport, recreational facilities, and environmental projects, as well as undertakes civil engineering, road safety, and signaling activities; produces, distributes, sells, and recycles aggregates, emulsions, asphalt mixes, ready-mix concrete, and bitumen; construction, renewal, and maintenance of rail networks; and installation and maintenance of pipes and pipelines. It also produces TF1, TMC, TFX, TF1, and LCI complementary TV channels; operates TV Breizh, Histoire TV, Ushuaïa TV and Serieclub channels; produces, broadcasts, and distributes content; operates la seine musicale entertainment and concert venue; produces cinemas; and entertainment and leisure comprising licenses and publishes boards games, as well as music production and live events. Further, it offers telecom services; mobile and fixed network services; and Bbox Fibre, an internet box. Additionally, the company provides design, installation, and maintenance services in various fields that include cooling and fire protection, facility management, digital and ICT, electrical, and mechanical and robotics, as well as heating, ventilation, and air conditioning. The company was founded in 1952 and is based in Paris, France.
Earnings Per Share
As for profitability, BOUYGUES has a trailing twelve months EPS of €2.62.
PE Ratio
BOUYGUES has a trailing twelve months price to earnings ratio of 12.44. Meaning, the purchaser of the share is investing €12.44 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 8.4%.
Moving Average
BOUYGUES’s worth is higher than its 50-day moving average of €30.46 and above its 200-day moving average of €30.44.
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6. PROTECTOR FORSIKRG (PROT.OL)
15.2% sales growth and 37.86% return on equity
Protector Forsikring ASA, a general insurance company, provides various insurance products to the commercial and public sectors, and the affinity insurance markets in Norway, Denmark, Sweden, the United Kingdom, and Finland. It operates in Commercial Lines of Business and Public Lines of Business segments. The company offers personal, motor, property, liability, and change of ownership insurance. It sells its products to non-marine industries through insurance brokers. Protector Forsikring ASA was founded in 2003 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, PROTECTOR FORSIKRG has a trailing twelve months EPS of kr15.19.
PE Ratio
PROTECTOR FORSIKRG has a trailing twelve months price to earnings ratio of 10.93. Meaning, the purchaser of the share is investing kr10.93 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 37.86%.
Moving Average
PROTECTOR FORSIKRG’s worth is above its 50-day moving average of kr162.77 and way higher than its 200-day moving average of kr141.67.
Volume
Today’s last reported volume for PROTECTOR FORSIKRG is 92723 which is 6.38% above its average volume of 87158.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is 90.5% and a drop 53.4% for the next.
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7. 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 18.81. Meaning, the purchaser of the share is investing €18.81 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%.
Sales Growth
MELEXIS’s sales growth is 17.3% for the current quarter and 9.6% for the next.
Earnings Before Interest, Taxes, Depreciation, and Amortization
MELEXIS’s EBITDA is 57.88.
Moving Average
MELEXIS’s worth is above its 50-day moving average of €89.51 and above its 200-day moving average of €90.13.
Dividend Yield
As claimed 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 4.7%.
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