REACH SUBSEA And 6 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(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 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 7.24. Meaning, the purchaser of the share is investing kr7.24 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%.

Sales Growth

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

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 4.29%.

Moving Average

REACH SUBSEA’s value is below its 50-day moving average of kr4.28 and above its 200-day moving average of kr4.13.

Yearly Top and Bottom Value

REACH SUBSEA’s stock is valued at kr4.27 at 22:20 EST, way below its 52-week high of kr5.22 and way above its 52-week low of kr3.15.

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 kr31.38.

PE Ratio

SALMAR has a trailing twelve months price to earnings ratio of 15.62. Meaning, the purchaser of the share is investing kr15.62 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%.

Volume

Today’s last reported volume for SALMAR is 461932 which is 74.66% above its average volume of 264473.

Earnings Before Interest, Taxes, Depreciation, and Amortization

SALMAR’s EBITDA is 3.76.

More news about SALMAR.

3. SPBK1 NORD-NORGE (NONG.OL)

28% 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 kr9.39.

PE Ratio

SPBK1 NORD-NORGE has a trailing twelve months price to earnings ratio of 9.82. Meaning, the purchaser of the share is investing kr9.82 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%.

More news about SPBK1 NORD-NORGE.

4. TOTENS SPAREBANK (TOTG.OL)

22.5% sales growth and 10.47% return on equity

Totens Sparebank provides various banking and financial products and services in Norway. The company offers savings and pension products; business and construction loans; leasing; overdrafts and bank guarantees; liability, business, data attack, property damage, craftsman, health, homeowners, collective, personnel, travel, occupational injury, agriculture, and vehicle insurance; and business and credit cards. It also provides online and mobile banking services; payment solutions; asset management; and real estate services. Totens Sparebank was founded in 1854 and is headquartered in Lena, Norway.

Earnings Per Share

As for profitability, TOTENS SPAREBANK has a trailing twelve months EPS of kr20.54.

PE Ratio

TOTENS SPAREBANK has a trailing twelve months price to earnings ratio of 9.69. Meaning, the purchaser of the share is investing kr9.69 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 10.47%.

More news about TOTENS SPAREBANK.

5. AIRBUS (AIR.PA)

14.7% sales growth and 53.48% return on equity

Airbus SE engages in the design, manufacture, and delivery of aerospace products, services, and solutions worldwide. It operates through three segments: Airbus, Airbus Helicopters, and Airbus Defence and Space. The Airbus segment develops, manufactures, markets, and sells commercial jet passenger aircraft; freighter aircraft; and regional turboprop aircraft and aircraft components, as well as provides aircraft conversion and related services. The Airbus Helicopters segment engages in the development, manufacture, marketing, and sale of civil and military helicopters; and provision of helicopter related services. The Airbus Defence and Space segment designs, develops, delivers, and supports military aircraft, such as combat, mission, transport, tanker aircraft, and their associated services; a range of civil and defence space systems for telecommunications, earth observations, navigation, science, and orbital systems; and unmanned aerial systems. This segment also offers missile and space launcher systems, as well as services around data processing from platforms, secure communication, and cyber security. The company was formerly known as Airbus Group SE and changed its name to Airbus SE in April 2017. Airbus SE was incorporated in 1998 and is based in Leiden, the Netherlands.

Earnings Per Share

As for profitability, AIRBUS has a trailing twelve months EPS of €4.47.

PE Ratio

AIRBUS has a trailing twelve months price to earnings ratio of 28.01. Meaning, the purchaser of the share is investing €28.01 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 53.48%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Apr 19, 2022, the estimated forward annual dividend rate is 1.5 and the estimated forward annual dividend yield is 1.34%.

Moving Average

AIRBUS’s worth is higher than its 50-day moving average of €119.14 and way above its 200-day moving average of €107.25.

Sales Growth

AIRBUS’s sales growth is 9.8% for the current quarter and 14.7% for the next.

More news about AIRBUS.

6. TOMRA SYSTEMS (TOM.OL)

14% sales growth and 16.76% return on equity

Tomra Systems ASA provides sensor-based solutions for optimal resource productivity worldwide. It operates through three segments: TOMRA Collection, TOMRA Recycling, and TOMRA Food. The TOMRA Collection segment engages in the development, production, sale, and service of reverse vending machines and related data management systems. This segment is also involved in picking up, transporting, and processing empty beverage containers on behalf of beverage producers/fillers. The TOMRA Recycling segment engages in the development, production, sale, and service of sorting and processing technology for waste management companies or plant builders. This segment offers sorting systems for waste and metal material streams; and ore sorting systems for mining companies. The TOMRA Food segment is involved in the development, production, sale, and service of sorting and processing technology, including sensor-based sorting solutions and integrated post-harvest solutions to detect and eject unwanted materials from manufacturing and processing lines for fresh and processed food industries. The company was founded in 1972 and is headquartered in Asker, Norway.

Earnings Per Share

As for profitability, TOMRA SYSTEMS has a trailing twelve months EPS of kr3.47.

PE Ratio

TOMRA SYSTEMS has a trailing twelve months price to earnings ratio of 49.29. Meaning, the purchaser of the share is investing kr49.29 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 16.76%.

More news about TOMRA SYSTEMS.

7. THERMADOR GROUPE (THEP.PA)

13.9% sales growth and 19.72% return on equity

Thermador Groupe SA, together with its subsidiaries, engages in the distribution business in France and internationally. The company offers central heating and domestic hot water accessories, pumps for heating, plumbing equipment, taps, valves for building, ventilation equipment and accessories, industrial valves and fittings, cold water pumps, swimming pool equipment and accessories, air compressors, generators, and welding stations. It also provides pneumatic tools; pumps, household valves, and plumbing for DIY superstores; bathroom and kitchen taps for DIY superstores and retail outlets; sale of parts to boiler manufacturers; domestic pumps and pump accessories; accessories and connectors for central heating and domestic water, and plumbing fitments; pipework for the distribution of building fluids; and valves and connectors for building and industry. In addition, the company offers motorised valves and specialty products for industry and air compressors; technical equipment for pressure, temperature, level, and flow measurement and control; and stainless steel connectors, flanges, valves and accessories. Thermador Groupe SA offers its products to retailers, wholesalers in industrial valves and industrial supplies. The company was founded in 1968 and is headquartered in Saint-Quentin-Fallavier, France.

Earnings Per Share

As for profitability, THERMADOR GROUPE has a trailing twelve months EPS of €6.07.

PE Ratio

THERMADOR GROUPE has a trailing twelve months price to earnings ratio of 15.49. Meaning, the purchaser of the share is investing €15.49 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 19.72%.

Moving Average

THERMADOR GROUPE’s value is under its 50-day moving average of €94.82 and higher than its 200-day moving average of €87.63.

Revenue Growth

Year-on-year quarterly revenue growth grew by 19%, now sitting on 553.86M for the twelve trailing months.

More news about THERMADOR GROUPE.

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