(VIANEWS) – SELVAAG BOLIG (SBO.OL), SEADRILL (SDRL.OL), REACH SUBSEA (REACH.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. SELVAAG BOLIG (SBO.OL)
124.7% sales growth and 10.32% return on equity
Selvaag Bolig ASA, a housing development company, engages in the development, construction, and sale of residential properties in Greater Oslo, Bergen, Stavanger, Trondheim, and Stockholm. The company also offers project management services. Selvaag Bolig ASA was incorporated in 2008 and is headquartered in Oslo, Norway. Selvaag Bolig ASA is a subsidiary of Selvaag AS.
Earnings Per Share
As for profitability, SELVAAG BOLIG has a trailing twelve months EPS of kr2.58.
PE Ratio
SELVAAG BOLIG has a trailing twelve months price to earnings ratio of 11.22. Meaning, the purchaser of the share is investing kr11.22 for every norwegian krone of annual earnings.
Return on Equity
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 10.32%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is a negative 54.1% and positive 345.8% for the next.
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2. SEADRILL (SDRL.OL)
67.8% sales growth and 4.22% return on equity
Seadrill Limited provides offshore contract drilling services to the oil and gas industry worldwide. It operates in three segments: Harsh Environment, Floaters, and Jack-ups Rigs. The company owns and operates drill ships, semi-submersible rigs, and jack-up rigs for operations in shallow and ultra-deep-water in benign and harsh environments. It serves oil super-majors, state-owned national oil companies, and independent oil and gas companies. Seadrill Limited was formerly known as Seadrill 2021 Limited. The company was incorporated in 2005 and is headquartered in Hamilton, Bermuda.
Earnings Per Share
As for profitability, SEADRILL has a trailing twelve months EPS of kr664.63.
PE Ratio
SEADRILL has a trailing twelve months price to earnings ratio of 0.78. Meaning, the purchaser of the share is investing kr0.78 for every norwegian krone of annual earnings.
Return on Equity
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 4.22%.
Yearly Top and Bottom Value
SEADRILL’s stock is valued at kr517.00 at 22:20 EST, below its 52-week high of kr537.00 and way higher than its 52-week low of kr228.00.
Sales Growth
SEADRILL’s sales growth is 60.9% for the current quarter and 67.8% for the next.
Volume
Today’s last reported volume for SEADRILL is 29114 which is 81.06% below its average volume of 153768.
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3. REACH SUBSEA (REACH.OL)
19.4% sales growth and 24.57% 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 7.59. Meaning, the purchaser of the share is investing kr7.59 for every norwegian krone of annual earnings.
Return on Equity
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 24.57%.
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4. SPBK 1 ØSTLANDET (SPOL.OL)
19% sales growth and 11.87% return on equity
SpareBank 1 Østlandet provides various financial products and services to individuals, businesses, the public sector, clubs, and societies. The company operates through Retail, Corporate, and Organisation Market and Capital Market segments. The Retail segment provides financial services comprising of savings, money transfer, insurance, accident prevention, financing, money transfer, capital, and investment management services. The Corporate segment offers interest rate, currency hedging, and investment related services, as well as insurance services for property. The Organisation Market and Capital Market segment provides risk based advisory solutions to high-net-worth individuals and corporates, as well as engages in foreign currency services. SpareBank 1 Østlandet was founded in 1845 and is headquartered in Hamar, Norway. SpareBank 1 Østlandet operates as a subsidiary of Sparebankstiftelsen Hedmark.
Earnings Per Share
As for profitability, SPBK 1 ØSTLANDET has a trailing twelve months EPS of kr13.36.
PE Ratio
SPBK 1 ØSTLANDET has a trailing twelve months price to earnings ratio of 9.87. Meaning, the purchaser of the share is investing kr9.87 for every norwegian krone of annual earnings.
Return on Equity
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 11.87%.
Sales Growth
SPBK 1 ØSTLANDET’s sales growth is 24.2% for the ongoing quarter and 19% for the next.
Revenue Growth
Year-on-year quarterly revenue growth grew by 29.5%, now sitting on 4.91B for the twelve trailing months.
Moving Average
SPBK 1 ØSTLANDET’s worth is above its 50-day moving average of kr126.69 and above its 200-day moving average of kr121.00.
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5. VOSS VEKSEL OGLAND (VVL.OL)
16% sales growth and 9.14% return on equity
Voss Veksel- og Landmandsbank ASA provides banking products and services to private individuals and companies in Norway. The company offers saving accounts; car and other vehicle, home, small, and construction loans; overdrafts facilities; leasing services; bank guarantees; bank and payment cards; insurance products; and online and mobile banking services. The company was founded in 1843 and is based in Voss, Norway.
Earnings Per Share
As for profitability, VOSS VEKSEL OGLAND has a trailing twelve months EPS of kr26.35.
PE Ratio
VOSS VEKSEL OGLAND has a trailing twelve months price to earnings ratio of 8.43. Meaning, the purchaser of the share is investing kr8.43 for every norwegian krone of annual earnings.
Return on Equity
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 9.14%.
Yearly Top and Bottom Value
VOSS VEKSEL OGLAND’s stock is valued at kr222.00 at 22:20 EST, way under its 52-week high of kr252.00 and way above its 52-week low of kr190.00.
Sales Growth
VOSS VEKSEL OGLAND’s sales growth for the next quarter is 16%.
Volume
Today’s last reported volume for VOSS VEKSEL OGLAND is 1680 which is 370.58% above its average volume of 357.
Revenue Growth
Year-on-year quarterly revenue growth grew by 44.9%, now sitting on 141.48M for the twelve trailing months.
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6. MELEXIS (MELE.BR)
11% sales growth and 43.81% 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 €5.04.
PE Ratio
MELEXIS has a trailing twelve months price to earnings ratio of 16.88. Meaning, the purchaser of the share is investing €16.88 for every euro of annual earnings.
Return on Equity
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 43.81%.
Moving Average
MELEXIS’s value is below its 50-day moving average of €90.93 and below its 200-day moving average of €91.77.
Earnings Before Interest, Taxes, Depreciation, and Amortization
MELEXIS’s EBITDA is 57.88.
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7. KONGSBERG GRUPPEN (KOG.OL)
9.2% sales growth and 26.05% return on equity
Kongsberg Gruppen ASA, together with its subsidiaries, provides high-tech systems and solutions primarily to customers in the maritime and defense markets. The company operates through three segments: Kongsberg Maritime, Kongsberg Defence & Aerospace, and Other. The Kongsberg Maritime segment offers solutions and systems for bridge and control systems, which include dynamic positioning, propulsion control, and navigation, as well as automation systems; energy solutions and ship design services; and propellers, thrusters, water jet systems, and systems for offshore manoeuvring of maritime vessels. This segment also provides winches for mooring, anchor handling, and special systems for offshore vessels, tugs, marine vessels, and various other classes of vessel, as well as cranes; hydroacoustics; autonomous underwater vessels and solutions for autonomous maritime vessels; and products related to fisheries, systems for underwater mapping, and sensors and solutions for specialist vessels. The Kongsberg Defence & Aerospace segment offers various systems and services to the defense industry. It provides air defense and combat systems, sonars, and navigation for marine vessels and submarines, as well as integrated command and control systems; remote tower solutions for airports; remote control weapon stations for land-based vehicles and marine vessels; products for military tactical communication; naval strike and air-to-surface missiles; and lightweight composite and titanium components for F-35 combat aircraft. This segment also offers components and services to the space industry, as well as port monitoring systems; and maintenance, repair, and overhaul services. The Other segment focuses on digitalization within the oil and gas, wind, and merchant marine markets. It operates primarily in Norway, Europe, North America, South America, Asia, Australia, and Africa. Kongsberg Gruppen ASA was founded in 1814 and is headquartered in Kongsberg, Norway.
Earnings Per Share
As for profitability, KONGSBERG GRUPPEN has a trailing twelve months EPS of kr19.14.
PE Ratio
KONGSBERG GRUPPEN has a trailing twelve months price to earnings ratio of 23.09. Meaning, the purchaser of the share is investing kr23.09 for every norwegian krone of annual earnings.
Return on Equity
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 26.05%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 27.1%, now sitting on 35.89B for the twelve trailing months.
More news about KONGSBERG GRUPPEN.
