Stock Analysis

Top Swedish Growth Stocks With High Insider Ownership In August 2024

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As global markets grapple with economic uncertainties and shifting investor sentiment, Sweden's stock market has shown resilience, attracting attention for its stable growth sectors. In this environment, companies with high insider ownership often signal strong confidence from those closest to the business, making them compelling options for investors seeking growth opportunities.

Top 10 Growth Companies With High Insider Ownership In Sweden

NameInsider OwnershipEarnings Growth
CTT Systems (OM:CTT)16.9%24.8%
Magle Chemoswed Holding (OM:MAGLE)14.9%72.2%
Biovica International (OM:BIOVIC B)18.7%73.8%
Yubico (OM:YUBICO)37.5%43.8%
BioArctic (OM:BIOA B)34%104.2%
KebNi (OM:KEBNI B)37.8%90.4%
InCoax Networks (OM:INCOAX)18.1%104.9%
Calliditas Therapeutics (OM:CALTX)12.7%52.9%
SaveLend Group (OM:YIELD)23.3%103.4%
edyoutec (NGM:EDYOU)13.4%63.1%

Click here to see the full list of 87 stocks from our Fast Growing Swedish Companies With High Insider Ownership screener.

Below we spotlight a couple of our favorites from our exclusive screener.

CTT Systems (OM:CTT)

Simply Wall St Growth Rating: ★★★★★★

Overview: CTT Systems AB (publ) designs, manufactures, and sells humidity control systems for aircraft in Sweden, Denmark, France, the United States, and internationally with a market cap of SEK3.41 billion.

Operations: The company generates revenue primarily from its Aerospace & Defense segment, which amounted to SEK317.70 million.

Insider Ownership: 16.9%

Earnings Growth Forecast: 24.8% p.a.

CTT Systems, a Swedish growth company with high insider ownership, is forecast to see significant annual earnings growth of 24.8% and revenue growth of 21.9% over the next three years, surpassing market averages. Despite an unstable dividend track record, the company's return on equity is expected to be very high at 44.4%. Recent insider activity shows substantial buying, indicating confidence in future performance. CTT's recent sales guidance and strong airline interest in its humidifier products further support its positive outlook.

OM:CTT Earnings and Revenue Growth as at Aug 2024

Haypp Group (OM:HAYPP)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Haypp Group AB (publ) is an online retailer specializing in tobacco-free nicotine pouches and snus products, operating across Sweden, Norway, the rest of Europe, and the United States with a market cap of SEK2.93 billion.

Operations: The company's revenue segments are divided into Core (SEK2.42 billion) and Growth (SEK834.20 million).

Insider Ownership: 10.9%

Earnings Growth Forecast: 88.6% p.a.

Haypp Group, experiencing substantial insider ownership, is forecasted to achieve significant annual earnings growth of 88.6%, outpacing the Swedish market's 15.8%. Despite a slight decline in profit margins from 0.8% to 0.5% over the past year and recent shareholder dilution, revenue is expected to grow at a solid rate of 16.5% annually. Recent board additions include Deppak Mishra and Adam Schatz, potentially enhancing strategic direction ahead of their Q2 2024 earnings call on August 9th.

OM:HAYPP Earnings and Revenue Growth as at Aug 2024

Scandi Standard (OM:SCST)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Scandi Standard AB (publ) produces and sells chilled, frozen, and ready-to-eat chicken products across various regions including Sweden, Norway, Ireland, Denmark, Finland, Germany, the United Kingdom, rest of Europe, and internationally with a market cap of SEK5.49 billion.

Operations: Scandi Standard AB generates revenue primarily from its Ready-To-Cook segment at SEK9.70 billion and its Ready-To-Eat segment at SEK2.61 billion.

Insider Ownership: 14.6%

Earnings Growth Forecast: 20.4% p.a.

Scandi Standard, with significant insider buying in the past three months, is forecasted to achieve substantial annual earnings growth of 20.4%, surpassing the Swedish market's average. Despite a high debt level and an unstable dividend track record, the company trades at 48.1% below its estimated fair value. Recent developments include securing a SEK 3,200 million sustainability-linked bank loan to refinance existing debt and support strategic growth initiatives.

OM:SCST Earnings and Revenue Growth as at Aug 2024

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.The analysis only considers stock directly held by insiders. It does not include indirectly owned stock through other vehicles such as corporate and/or trust entities. All forecast revenue and earnings growth rates quoted are in terms of annualised (per annum) growth rates over 1-3 years.

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