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

(VIANEWS) – REACH SUBSEA (REACH.OL), INPOST (INPST.AS), NORBIT (NORBT.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 kr0.6.

PE Ratio

REACH SUBSEA has a trailing twelve months price to earnings ratio of 6.12. Meaning, the purchaser of the share is investing kr6.12 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 current quarter and 71.2% for the next.

Yearly Top and Bottom Value

REACH SUBSEA’s stock is valued at kr3.67 at 17:20 EST, way below its 52-week high of kr5.22 and way higher than its 52-week low of kr3.22.

More news about REACH SUBSEA.

2. INPOST (INPST.AS)

37.6% sales growth and 157.68% return on equity

InPost S.A., together with its subsidiaries, operates as an out-of-home e-commerce enablement platform providing parcel locker services in Europe. It operates through four segments: APM (automated parcel machines), To-Door, Mondial Relay, and International Other. The APM segment focuses on the delivery of parcels to automated parcel machines. The To-Door segment delivers parcels using door-to-door couriers. The Mondial Relay segment delivers parcels to automated parcel machines; and operates pick-up drop-off (PUDO) points in France, Spain, Belgium, the Netherlands, Luxembourg, and Portugal. The International Other segment delivers parcels to automated parcel machines in the United Kingdom and Italy. The company also provides fulfilment services; IT services; and e-Grocery, a delivery service for food and FMCG products through InPost Fresh app. InPost S.A. was founded in 1999 and is headquartered in Luxembourg, Luxembourg.

Earnings Per Share

As for profitability, INPOST has a trailing twelve months EPS of €0.22.

PE Ratio

INPOST has a trailing twelve months price to earnings ratio of 45.31. Meaning, the purchaser of the share is investing €45.31 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 157.68%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

INPOST’s EBITDA is 0.81.

Sales Growth

INPOST’s sales growth is 29.6% for the ongoing quarter and 37.6% for the next.

Yearly Top and Bottom Value

INPOST’s stock is valued at €9.97 at 17:20 EST, below its 52-week high of €10.65 and way higher than its 52-week low of €4.94.

Growth Estimates Quarters

The company’s growth estimates for the current quarter is a negative 11.1% and positive 33.3% for the next.

More news about INPOST.

3. NORBIT (NORBT.OL)

22% sales growth and 24.78% return on equity

Norbit ASA provides technology products and solutions. It operates through Oceans, Connectivity, and Product Innovation and Realization segments. The company offers multibeam sonar systems, including integrated bathymetric systems, bathymetry systems, advanced monitoring systems for dredging, construction and renewables, forward looking wide area imaging, advanced imaging systems for obstacle avoidance/MCM, and above water laser products under the NORBIT WINGHEAD, NORBIT WBMS, NORBIT NORdredge, and NORBIT FLS names; customized cable assemblies, electromechanical box builds, and operational solutions; SeaCOP, a sensor integration platform and user interface common operational picture for emergency response; SECurus provides thermal and daylight stabilized camera solutions; SeaView, which offers thermal and daylight, pan, tilt, and zoom for environmental monitoring, and security and general surveillance; and SeaDarQ, a radar processing solution. It also provides sensing solutions for detecting threats at sea plus waterside security above and below the surface; FCL600, an underwater light solution for aquaculture industry; iData, which offers vehicle monitoring, telematics services, and fleet management for asset and vehicle management; and dedicated short-range communication technology for traffic system and vehicle application. In addition, the company offers research and development services, and contract manufacturing to industrial customers; and sells products based on proprietary technology, including special instrumentation n based on radar, radio frequency, and embedded signal processing technology. The company was founded in 1995 and is headquartered in Trondheim, Norway.

Earnings Per Share

As for profitability, NORBIT has a trailing twelve months EPS of kr2.34.

PE Ratio

NORBIT has a trailing twelve months price to earnings ratio of 22.74. Meaning, the purchaser of the share is investing kr22.74 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 24.78%.

More news about NORBIT.

4. MOWI (MOWI.OL)

18.4% sales growth and 24.25% 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 kr19.

PE Ratio

MOWI has a trailing twelve months price to earnings ratio of 9.1. Meaning, the purchaser of the share is investing kr9.1 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 24.25%.

More news about MOWI.

5. 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 €5.89.

PE Ratio

THERMADOR GROUPE has a trailing twelve months price to earnings ratio of 13.94. Meaning, the purchaser of the share is investing €13.94 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%.

Revenue Growth

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

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Apr 12, 2023, the estimated forward annual dividend rate is 2.08 and the estimated forward annual dividend yield is 2.46%.

Yearly Top and Bottom Value

THERMADOR GROUPE’s stock is valued at €82.10 at 17:20 EST, way below its 52-week high of €101.60 and way higher than its 52-week low of €62.20.

More news about THERMADOR GROUPE.

6. TIPIAK (TIPI.PA)

13.7% sales growth and 6.82% return on equity

Tipiak Société Anonyme, a food company, manufactures prepared food products, frozen ready-meals, pastry products, groceries, and crusty bread products. The company offers groceries, such as breadcrumbs, cereals, couscous, croutons, Japanese pearls, potato starch, quinoa, and tapioca; frozen products, including savory products, appetizers, and side dishes with grains; and frozen sweet products comprising macarons, mini eclairs, and petits fours. It sells its products in France, England, and the United States. The company was founded in 1830 and is based in Saint-Aignan-Grandlieu, France.

Earnings Per Share

As for profitability, TIPIAK has a trailing twelve months EPS of €4.62.

PE Ratio

TIPIAK has a trailing twelve months price to earnings ratio of 12.66. Meaning, the purchaser of the share is investing €12.66 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 6.82%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Jul 4, 2023, the estimated forward annual dividend rate is 1.65 and the estimated forward annual dividend yield is 2.8%.

Yearly Top and Bottom Value

TIPIAK’s stock is valued at €58.50 at 17:20 EST, way below its 52-week high of €70.00 and way higher than its 52-week low of €49.60.

Moving Average

TIPIAK’s worth is below its 50-day moving average of €59.56 and higher than its 200-day moving average of €58.28.

More news about TIPIAK.

7. PARETO BANK (PARB.OL)

11.2% sales growth and 14.03% return on equity

Pareto Bank ASA provides various banking products and services in Norway. The company accepts corporate deposits. It also offers corporate financing; receivables financing; residential and commercial financing for land and property; ship financing, including corporate and project financing; and other private or housing loans. Pareto Bank ASA was incorporated in 2007 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, PARETO BANK has a trailing twelve months EPS of kr7.86.

PE Ratio

PARETO BANK 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 14.03%.

Moving Average

PARETO BANK’s worth is below its 50-day moving average of kr51.01 and above its 200-day moving average of kr50.29.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 10.3% and 9.2%, respectively.

Volume

Today’s last reported volume for PARETO BANK is 8496 which is 59.24% below its average volume of 20844.

Sales Growth

PARETO BANK’s sales growth for the next quarter is 11.2%.

More news about PARETO BANK.

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