Stock Analysis

3 Swedish Growth Stocks With Up To 30% Insider Ownership

OM:SAGA A
Source: Shutterstock

As global markets react to the Federal Reserve's recent rate cut, European indices have shown mixed results, reflecting investor caution about future monetary policies. Amid this backdrop, Sweden's market remains a focal point for growth opportunities, particularly in companies with high insider ownership—a factor often seen as a vote of confidence from those closest to the business. In this article, we will explore three Swedish growth stocks that boast up to 30% insider ownership. High insider stakes can signal strong alignment between management and shareholder interests, making these companies worth examining in today's fluctuating economic landscape.

Top 10 Growth Companies With High Insider Ownership In Sweden

NameInsider OwnershipEarnings Growth
CTT Systems (OM:CTT)16.9%24.8%
Truecaller (OM:TRUE B)29.6%21.6%
Fortnox (OM:FNOX)21.1%22.5%
Biovica International (OM:BIOVIC B)17.6%78.5%
Magle Chemoswed Holding (OM:MAGLE)14.9%72.2%
BioArctic (OM:BIOA B)34%98.4%
Yubico (OM:YUBICO)37.5%42.3%
KebNi (OM:KEBNI B)37.8%86.1%
InCoax Networks (OM:INCOAX)19.5%115.5%
C-Rad (OM:CRAD B)16.1%33.9%

Click here to see the full list of 91 stocks from our Fast Growing Swedish Companies With High Insider Ownership screener.

We'll examine a selection from our screener results.

EQT (OM:EQT)

Simply Wall St Growth Rating: ★★★★★☆

Overview: EQT AB (publ) is a global private equity firm specializing in private capital and real asset segments, with a market cap of approximately SEK432.60 billion.

Operations: The company's revenue segments include Central (€37.20 million), Real Assets (€878.70 million), and Private Capital (€1.28 billion).

Insider Ownership: 30.9%

EQT AB, a Swedish private equity firm, demonstrates strong growth potential with forecasted annual revenue and earnings growth rates of 15.4% and 35.39%, respectively, outpacing the broader Swedish market. Recent M&A activities include exploring sales of stakes in Banking Circle and AGS Health while considering acquisitions such as GeBBS Healthcare Solutions for $870 million. Despite significant insider selling recently, EQT's high insider ownership aligns management interests with shareholders, reinforcing confidence in its long-term strategy.

OM:EQT Ownership Breakdown as at Sep 2024
OM:EQT Ownership Breakdown as at Sep 2024

NIBE Industrier (OM:NIBE B)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: NIBE Industrier AB (publ) and its subsidiaries develop, manufacture, market, and sell energy-efficient solutions for indoor climate comfort and intelligent heating and control components across the Nordic countries, Europe, North America, and internationally; the company has a market cap of approximately SEK97.86 billion.

Operations: The company's revenue segments are: Stoves (SEK5.33 billion), Element (SEK13.48 billion), and Climate Solutions (SEK35.22 billion).

Insider Ownership: 20.2%

NIBE Industrier, a Swedish growth company with high insider ownership, is forecasted to achieve significant annual earnings growth of 42.55% over the next three years, surpassing the Swedish market's 15.1%. Despite trading slightly below its estimated fair value and a forecasted low Return on Equity of 11.9%, recent financial results show challenges; Q2 sales dropped to SEK 10.04 billion from SEK 11.83 billion last year and net income fell sharply to SEK 219 million from SEK 1.32 billion.

OM:NIBE B Ownership Breakdown as at Sep 2024
OM:NIBE B Ownership Breakdown as at Sep 2024

AB Sagax (OM:SAGA A)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: AB Sagax (publ) is a property company operating in Sweden, Finland, France, Benelux, Spain, Germany and other European countries with a market cap of SEK 98.63 billion.

Operations: AB Sagax generates SEK 4.63 billion from its Real Estate - Rental segment across various European countries.

Insider Ownership: 28.6%

AB Sagax, a Swedish growth company with high insider ownership, is expected to see significant annual earnings growth of 29.07% over the next three years, outpacing the Swedish market's 15.1%. Recent financial results for Q2 2024 show sales rising to SEK 1.20 billion from SEK 1.04 billion a year ago, with net income surging to SEK 978 million from SEK 53 million. However, shareholders faced dilution in the past year and debt coverage by operating cash flow remains weak.

OM:SAGA A Ownership Breakdown as at Sep 2024
OM:SAGA A Ownership Breakdown as at Sep 2024

Taking Advantage

Curious About Other Options?

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.

New: Manage All Your Stock Portfolios in One Place

We've created the ultimate portfolio companion for stock investors, and it's free.

• Connect an unlimited number of Portfolios and see your total in one currency
• Be alerted to new Warning Signs or Risks via email or mobile
• Track the Fair Value of your stocks

Try a Demo Portfolio for Free

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com