Top Swedish Growth Companies With High Insider Ownership In August 2024

As Sweden's Riksbank reduces borrowing costs and signals further rate cuts, the Swedish stock market has been buoyed by optimism and increased investor activity. In this favorable economic climate, identifying growth companies with high insider ownership becomes crucial for investors seeking to capitalize on market opportunities.

Top 10 Growth Companies With High Insider Ownership In Sweden

Name	Insider Ownership	Earnings Growth
CTT Systems (OM:CTT)	16.9%	24.8%
Truecaller (OM:TRUE B)	29.5%	21.6%
Fortnox (OM:FNOX)	21.1%	22.6%
Biovica International (OM:BIOVIC B)	18.8%	73.8%
Magle Chemoswed Holding (OM:MAGLE)	14.9%	72.2%
Yubico (OM:YUBICO)	37.5%	43.7%
BioArctic (OM:BIOA B)	34%	102.8%
KebNi (OM:KEBNI B)	37.8%	86.1%
Calliditas Therapeutics (OM:CALTX)	12.7%	51.9%
InCoax Networks (OM:INCOAX)	19%	115.5%

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

Let's uncover some gems from our specialized screener.

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 SEK408.15 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%

Earnings Growth Forecast: 56.8% p.a.

EQT AB (publ) is a growth company with high insider ownership in Sweden, showing strong financial performance and significant future potential. Despite recent substantial insider selling, EQT's earnings grew by 384.2% over the past year and are forecast to grow at 56.8% annually, outpacing the Swedish market's average of 16.1%. The company's revenue is expected to increase by 17.9% per year, supported by strategic M&A activities such as its interest in acquiring Compass Education Pty Ltd and Aavas Financiers Limited.

• Unlock comprehensive insights into our analysis of EQT stock in this growth report.
• According our valuation report, there's an indication that EQT's share price might be on the expensive side.

MilDef Group (OM:MILDEF)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: MilDef Group AB (publ) develops, manufactures, and sells rugged IT solutions and special electronics primarily for the security and defense sectors, with a market cap of SEK3.06 billion.

Operations: The company generates revenue of SEK1.11 billion from its Computer Hardware segment.

Insider Ownership: 23%

Earnings Growth Forecast: 47% p.a.

MilDef Group's revenue is projected to grow at 16.7% per year, surpassing the Swedish market's 1.1%. Earnings are expected to rise significantly by 47% annually over the next three years, though profit margins have declined from 6.2% to 3.9%. Despite trading at a substantial discount (52.2%) below its estimated fair value, MilDef recently secured SEK 18 million in orders from BAE Systems and a SEK 135 million contract for military displays, enhancing its product portfolio and long-term growth prospects.

• Take a closer look at MilDef Group's potential here in our earnings growth report.
• In light of our recent valuation report, it seems possible that MilDef Group is trading beyond its estimated value.

Truecaller (OM:TRUE B)

Simply Wall St Growth Rating: ★★★★★★

Overview: Truecaller AB (publ) develops and publishes mobile caller ID applications for individuals and businesses in India, the Middle East, Africa, and internationally, with a market cap of SEK12.43 billion.

Operations: Truecaller AB (publ) generates revenue primarily from its communications software segment, which amounted to SEK1.72 billion.

Insider Ownership: 29.5%

Earnings Growth Forecast: 21.6% p.a.

Truecaller, a growth company with high insider ownership, is forecast to achieve significant earnings growth of 21.61% annually over the next three years, outpacing the Swedish market. Despite recent declines in quarterly sales and net income, its revenue is expected to grow at 20.3% per year. Trading at 58.7% below its estimated fair value and receiving positive analyst projections for a price increase of 58.6%, Truecaller remains attractive for growth-focused investors.

• Dive into the specifics of Truecaller here with our thorough growth forecast report.
• According our valuation report, there's an indication that Truecaller's share price might be on the cheaper side.

Where To Now?

• Unlock more gems! Our Fast Growing Swedish Companies With High Insider Ownership screener has unearthed 88 more companies for you to explore.Click here to unveil our expertly curated list of 91 Fast Growing Swedish Companies With High Insider Ownership.
• Hold shares in these firms? Setup your portfolio in Simply Wall St to seamlessly track your investments and receive personalized updates on your portfolio's performance.
• Maximize your investment potential with Simply Wall St, the comprehensive app that offers global market insights for free.

Searching for a Fresh Perspective?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
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• Find companies with promising cash flow potential yet trading below their fair value.

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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