(VIANEWS) – REACH SUBSEA (REACH.OL), KMC PROPERTIES (KMCP.OL), RANA GRUBER (RANA.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 14.77. Meaning, the purchaser of the share is investing kr14.77 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%.
Moving Average
REACH SUBSEA’s value is higher than its 50-day moving average of kr4.33 and way above its 200-day moving average of kr3.96.
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2. KMC PROPERTIES (KMCP.OL)
35% sales growth and 11.58% return on equity
KMC Properties ASA, a real estate company, owns and operates industrial and logistics properties. It owns a portfolio of 44 properties in the Nordics and the Netherlands, as well as an office building in Moscow, Russia. The company was incorporated in 2020 and is headquartered in Trondheim, Norway.
Earnings Per Share
As for profitability, KMC PROPERTIES has a trailing twelve months EPS of kr0.57.
PE Ratio
KMC PROPERTIES has a trailing twelve months price to earnings ratio of 10.68. Meaning, the purchaser of the share is investing kr10.68 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 11.58%.
Sales Growth
KMC PROPERTIES’s sales growth is 29.3% for the current quarter and 35% for the next.
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3. RANA GRUBER (RANA.OL)
24.5% sales growth and 68.94% return on equity
Rana Gruber ASA engages in the mining, processing, and sale of iron ore concentrate. The company excavates, processes, and sells iron oxide in the form of hematite, magnetite, and iron oxide pigments. It also produces magnetite iron oxide concentrates. The company offers its products under the Colorana brands. It exports its products worldwide. Rana Gruber ASA was founded in 1937 and is headquartered in Mo i Rana, Norway.
Earnings Per Share
As for profitability, RANA GRUBER has a trailing twelve months EPS of kr7.3.
PE Ratio
RANA GRUBER has a trailing twelve months price to earnings ratio of 8.22. Meaning, the purchaser of the share is investing kr8.22 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 68.94%.
Volume
Today’s last reported volume for RANA GRUBER is 26920 which is 84.09% below its average volume of 169299.
Sales Growth
RANA GRUBER’s sales growth for the next quarter is 24.5%.
Yearly Top and Bottom Value
RANA GRUBER’s stock is valued at kr60.00 at 02:20 EST, under its 52-week high of kr65.00 and way above its 52-week low of kr37.05.
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4. NORSKE SKOG (NSKOG.OL)
11.7% sales growth and 50.01% return on equity
Norske Skog ASA produces and sells newsprint and magazine papers. It operates in two segments, Publication Paper Europe, and Publication Paper Australasia. The company offers standard newsprint and other papers; and magazine paper comprising super calendared and lightweight coated magazine paper. Its products are primarily used in newspapers and magazines, catalogues, advertising materials, inserts/flyers, supplements, free-sheets, directories, direct mail, and book papers. The company operates in Norway, rest of Europe, North America, Australasia, Asia, and Africa. Norske Skog ASA was founded in 1962 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, NORSKE SKOG has a trailing twelve months EPS of kr-15.95.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 50.01%.
Moving Average
NORSKE SKOG’s worth is way under its 50-day moving average of kr65.83 and below its 200-day moving average of kr64.29.
Volume
Today’s last reported volume for NORSKE SKOG is 304963 which is 67.59% below its average volume of 941013.
Yearly Top and Bottom Value
NORSKE SKOG’s stock is valued at kr57.90 at 02:20 EST, way under its 52-week high of kr78.85 and way above its 52-week low of kr46.68.
Revenue Growth
Year-on-year quarterly revenue growth grew by 29.1%, now sitting on 13.67B for the twelve trailing months.
More news about NORSKE SKOG.
5. MEDISTIM (MEDI.OL)
10.2% sales growth and 33.83% return on equity
Medistim ASA develops, produces, services, leases, and distributes medical devices for cardio-vascular surgery in the United States, Europe, Asia, and internationally. It offers MiraQ Cardiac, a system that combines ultrasound imaging and transit time flow measurement (TTFM) in a single system for cardiac surgery; MiraQ Vascular, a system that combines ultrasound imaging and transit TTFM in a single system for vascular surgery; and imaging probes for intraoperative use. The company also provides various flow probes, such as QuickFit TTFM probes to accurately measure blood volume flow intraoperatively in various range of surgical applications; Vascular TTFM probes for enhancing surgical outcomes; and doppler probes that are used on the surface of the heart/vessel to search for intramural coronary arteries or to locate the position and quantify the degree of a stenosis. In addition, it distributes and sells third party medical equipment. The company was incorporated in 1984 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, MEDISTIM has a trailing twelve months EPS of kr3.84.
PE Ratio
MEDISTIM has a trailing twelve months price to earnings ratio of 73.42. Meaning, the purchaser of the share is investing kr73.42 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 33.83%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 30.6%, now sitting on 491.94M for the twelve trailing months.
Yearly Top and Bottom Value
MEDISTIM’s stock is valued at kr282.00 at 02:20 EST, way below its 52-week high of kr330.00 and way above its 52-week low of kr184.80.
Moving Average
MEDISTIM’s worth is way above its 50-day moving average of kr237.47 and way above its 200-day moving average of kr245.35.
Volume
Today’s last reported volume for MEDISTIM is 664 which is 93.66% below its average volume of 10479.
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6. MOWI (MOWI.OL)
9.3% sales growth and 23.04% return on equity
Mowi ASA, a seafood company, produces and supplies farmed salmon products worldwide. It operates through three segments: Feed, Farming, and Sales and Marketing. The company is involved in the salmon feed production, salmon farming and primary processing, and seafood secondary processing activities. It offers whole gutted fish, including Label Rouge and organic salmon; and white fish and other seafood products, as well as fillets, steaks, cutlets, portions, loins, kebabs, and steak combos. The company also provides value added products, such as breaded, pre-fried, dusted, marinated, grilled, battered, topped, filled with sauce, delicatessen, fresh fish ready meal, and smoked fish products. It offers its products under the Mowi, Mowi Salmon, Donegal Silver, Admiral's, Pieters, Laschinger, Kritsen, Ducktrap River, Harbour Salmon Co., Rebel Fish, Supreme Salmon, Olav's, Northern Harvest, and Mowi Nutrition brand names. The company was formerly known as Marine Harvest ASA and changed its name to Mowi ASA in December 2018. Mowi ASA was founded in 1964 and is headquartered in Bergen, Norway.
Earnings Per Share
As for profitability, MOWI has a trailing twelve months EPS of kr2.27.
PE Ratio
MOWI has a trailing twelve months price to earnings ratio of 83.16. Meaning, the purchaser of the share is investing kr83.16 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 23.04%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Feb 24, 2023, the estimated forward annual dividend rate is 6.8 and the estimated forward annual dividend yield is 3.52%.
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7. SAMSE (SAMS.PA)
8% sales growth and 16.27% 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 13.79. Meaning, the purchaser of the share is investing €13.79 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 16.27%.
Sales Growth
SAMSE’s sales growth is 8% for the current quarter and 8% for the next.
Moving Average
SAMSE’s worth is above its 50-day moving average of €188.58 and above its 200-day moving average of €179.37.
Yearly Top and Bottom Value
SAMSE’s stock is valued at €189.50 at 02:20 EST, way below its 52-week high of €220.00 and way higher than its 52-week low of €160.00.
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