SHELF DRILLING And 5 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – SHELF DRILLING (SHLF.OL), ASM INTERNATIONAL (ASM.AS), GAMING INNOVATION (GIG.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. SHELF DRILLING (SHLF.OL)

767.5% sales growth and 3.67% return on equity

Shelf Drilling, Ltd., together with its subsidiaries, operates as a shallow water offshore drilling contractor in the Middle East, North Africa, the Mediterranean, Southeast Asia, India, West Africa, and North Sea. The company offers equipment and services for the drilling, completion, maintenance, and decommissioning of oil and natural gas wells, and associated services using the rigs of the company's owned fleet and related equipment. It also provides catering, additional equipment and personnel, and consumables or accommodations at the request of the customer using third party vendors. It serves government owned or controlled energy companies, and publicly listed global integrated oil companies or independent exploration and production companies. The company owns various independent-leg cantilever jack-up rigs. Shelf Drilling, Ltd. was incorporated in 2012 and is headquartered in Dubai, the United Arab Emirates.

Earnings Per Share

As for profitability, SHELF DRILLING has a trailing twelve months EPS of kr1.32.

PE Ratio

SHELF DRILLING has a trailing twelve months price to earnings ratio of 17.14. Meaning, the purchaser of the share is investing kr17.14 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 3.67%.

More news about SHELF DRILLING.

2. ASM INTERNATIONAL (ASM.AS)

26.5% sales growth and 17.12% return on equity

ASM International NV, together with its subsidiaries, engages in the research, development, manufacture, marketing, and servicing of equipment and materials used to produce semiconductor devices in Europe, the United States, and Asia. The company's products include wafer processing deposition systems for atomic layer deposition (ALD), epitaxy, silicon carbide, plasma enhanced chemical vapor deposition (PECVD), and vertical furnace systems, including low pressure chemical vapor deposition (LPCVD), diffusion, and oxidation products, as well as provides spare parts and support services. It also manufactures and sells equipment, which is used in wafer processing, encompassing the fabrication steps in which silicon wafers are layered with semiconductor devices. The company offers its products to semiconductor manufacturers. The company was formerly known as Advanced Semiconductor Materials International NV. ASM International NV was incorporated in 1968 and is headquartered in Almere, the Netherlands.

Earnings Per Share

As for profitability, ASM INTERNATIONAL has a trailing twelve months EPS of €11.16.

PE Ratio

ASM INTERNATIONAL has a trailing twelve months price to earnings ratio of 57.35. Meaning, the purchaser of the share is investing €57.35 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 17.12%.

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3. GAMING INNOVATION (GIG.OL)

24.4% sales growth and 20.95% return on equity

Gaming Innovation Group Inc., an iGaming technology company, together with its subsidiaries, provides solutions, products, and services to iGaming operators in Nordic countries, other European countries, and internationally. It operates through two segments, Platform Offering Front-End Services (Platform), and Affiliate Marketing (Media). The company operates casinos and sports betting sites; and platform services, including igaming platform solutions and services to operators and their customers, as well as undertakes land-based operators online through its omnichannel solution, which brings together the offline and online worlds through a shared loyalty system and wallets. It also provides Sportsbook, a sports betting omnichannel solution. In addition, the company offers managed service; omnichannel solutions; Data platform to enhance BI and make business decisions; Logic, a real-time rules engine that creates actionable business rules; marketing compliance solution; and Frontend solution. Gaming Innovation Group Inc. was founded in 2012 and is headquartered in St. Julian's, Malta.

Earnings Per Share

As for profitability, GAMING INNOVATION has a trailing twelve months EPS of kr1.79.

PE Ratio

GAMING INNOVATION has a trailing twelve months price to earnings ratio of 16.73. Meaning, the purchaser of the share is investing kr16.73 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 20.95%.

Sales Growth

GAMING INNOVATION’s sales growth for the next quarter is 24.4%.

More news about GAMING INNOVATION.

4. SCANA (SCANA.OL)

15.7% sales growth and 18.92% return on equity

Scana ASA engages in the offshore, energy, and maritime businesses in Norway, rest of European countries, America, Asia, Africa, and Oceania. The company offers valve remote control systems and mooring solutions to vessels, rigs, and floating structures serving the shipping, aquaculture, oil and gas, and energy industries. It also engages in the design and integration of electrical power systems, electrical infrastructure, and energy storage systems and control systems. In addition, the company is involved in the planning and execution of insulation, scaffolding, and surface treatment services; and rig, capping, equipment support, make and break, IMR lifecycle, welding, and asset integrity management services to drilling industry, as well as offers riser applications to the oil and gas industry. Scana ASA was formerly known as Incus Investor ASA and changed its name to Scana ASA in May 2020. The company was founded in 1646 and is headquartered in Bergen, Norway.

Earnings Per Share

As for profitability, SCANA has a trailing twelve months EPS of kr0.22.

PE Ratio

SCANA has a trailing twelve months price to earnings ratio of 10.55. Meaning, the purchaser of the share is investing kr10.55 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 18.92%.

Sales Growth

SCANA’s sales growth is 5.7% for the ongoing quarter and 15.7% for the next.

Volume

Today’s last reported volume for SCANA is 179966 which is 80.85% below its average volume of 940078.

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5. SPIE (SPIE.PA)

7.3% sales growth and 11.6% return on equity

SPIE SA provides multi-technical services in the areas of energy and communications in France, Germany, the Netherlands, and internationally. The company operates through four segments: France; Germany and Central Europe; North-Western Europe; and Oil & Gas and Nuclear. It provides building modelling and design services; IT maintenance and managed services; information and communications technology engineering and consulting services; technical facility management, energy-efficiency, and technical services for the transmission and distribution of energy for industrial clients, as well as in the areas of electrical and security, HVAC, and information and communications technology; and electrical, mechanical, and HVAC engineering services. The company also offers building information modelling, building management systems, augmented reality, IoT and data management, and smart maintenance services; oil and gas services; construction, renovation, and maintenance services for bridges, locks, and pumping stations; maintenance and innovative solutions for traffic infrastructure; and fixed and mobile digital telecom networks, as well as technical building management, communications and networks, and tech FM services; engineering, construction, maintenance, and optimization services for industrial processes; energy recovery and sustainable management services to technical facilities; and energy transmission networks, medium-voltage facilities, distribution networks, busbar systems, and wind and solar power farms. In addition, it engages in the analysis of site conditions; planning, installation, and commissioning of technology; mechanical and industrial robotic solutions; and provision of electric solutions comprising lighting, street lighting, safety and security, prefabrication, and signage solutions. SPIE SA was founded in 1900 and is headquartered in Cergy-Pontoise, France.

Earnings Per Share

As for profitability, SPIE has a trailing twelve months EPS of €1.44.

PE Ratio

SPIE has a trailing twelve months price to earnings ratio of 24.18. Meaning, the purchaser of the share is investing €24.18 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 11.6%.

Moving Average

SPIE’s worth is below its 50-day moving average of €36.03 and higher than its 200-day moving average of €31.83.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on May 14, 2024, the estimated forward annual dividend rate is 0.83 and the estimated forward annual dividend yield is 2.3%.

Yearly Top and Bottom Value

SPIE’s stock is valued at €34.82 at 12:20 EST, under its 52-week high of €38.60 and way higher than its 52-week low of €23.84.

Sales Growth

SPIE’s sales growth is 7.8% for the current quarter and 7.3% for the next.

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6. AXACTOR (ACR.OL)

5.2% sales growth and 9.72% return on equity

Axactor ASA, through its subsidiaries, operates as a debt management and collection company in Sweden, Finland, Germany, Italy, Norway, and Spain. It operates through two segments: Non-performing Loans and Third-Party Collection. The Non-performing Loans segment invests in portfolios of non-performing loans collected through amicable or legal proceedings. The Third-Party Collection segment provides debt collection services on behalf of third-party clients, which applies amicable and legal proceedings to collect the non-performing loans. This segment is also involved in helping creditors to prepare documentation for future legal proceedings against debtors; and handling of invoices between the invoice date and the default date and sending out reminders. Axactor ASA was incorporated in 1982 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, AXACTOR has a trailing twelve months EPS of kr1.03.

PE Ratio

AXACTOR has a trailing twelve months price to earnings ratio of 3.92. Meaning, the purchaser of the share is investing kr3.92 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 9.72%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 10.2%, now sitting on 246.62M for the twelve trailing months.

Volume

Today’s last reported volume for AXACTOR is 186721 which is 42.69% below its average volume of 325822.

Moving Average

AXACTOR’s value is way below its 50-day moving average of kr5.43 and way under its 200-day moving average of kr5.94.

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