Stock Analysis

Swedish Exchange Highlights Three Growth Companies With Significant Insider Ownership

OM:NIBE B
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Amidst the fluctuating dynamics of global markets, Sweden's stock exchange presents a noteworthy stability that attracts investors looking for promising growth opportunities. This resilience is particularly evident in growth companies with high insider ownership, which often signals strong confidence in the company’s future from those who know it best.

Top 10 Growth Companies With High Insider Ownership In Sweden

NameInsider OwnershipEarnings Growth
CTT Systems (OM:CTT)16.9%21.6%
BioArctic (OM:BIOA B)35.1%50.9%
Sileon (OM:SILEON)33.3%109.3%
KebNi (OM:KEBNI B)37.8%90.4%
InCoax Networks (OM:INCOAX)17.9%104.9%
Calliditas Therapeutics (OM:CALTX)11.6%52.9%
edyoutec (NGM:EDYOU)14.6%63.1%
Egetis Therapeutics (OM:EGTX)17.6%98.2%
Yubico (OM:YUBICO)37.5%43.4%
SaveLend Group (OM:YIELD)24.9%103.4%

Click here to see the full list of 82 stocks from our Fast Growing Swedish Companies With High Insider Ownership screener.

We'll examine a selection from our screener results.

Medicover (OM:MCOV B)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Medicover AB operates in the healthcare and diagnostic services sector, serving markets in Poland, Sweden, and internationally, with a market capitalization of approximately SEK 29.46 billion.

Operations: The company's revenue is primarily generated from Healthcare Services and Diagnostic Services, which contributed €1.26 billion and €585.20 million respectively.

Insider Ownership: 11.1%

Earnings Growth Forecast: 37.8% p.a.

Medicover exhibits a promising growth trajectory with its revenue and earnings expected to outpace the Swedish market significantly. Recent financial results show robust year-over-year improvements, with notable increases in sales and net income. Despite challenges such as interest coverage, the company's strategic outlook remains positive, underscored by substantial future revenue guidance exceeding €2.2 billion by 2025. However, insider transactions have not been significant in volume recently, suggesting cautious optimism among insiders about the company's near-term prospects.

OM:MCOV B Earnings and Revenue Growth as at Jun 2024
OM:MCOV B Earnings and Revenue Growth as at Jun 2024

NIBE Industrier (OM:NIBE B)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: NIBE Industrier AB operates globally, focusing on the development, manufacturing, and marketing of energy-efficient solutions for indoor climate comfort and intelligent heating and control systems. The company has a market capitalization of approximately SEK 96.77 billion.

Operations: The company's revenue is divided into three main segments: Climate Solutions generating SEK 36.83 billion, Element at SEK 13.62 billion, and Stoves contributing SEK 5.62 billion.

Insider Ownership: 20.2%

Earnings Growth Forecast: 27.6% p.a.

NIBE Industrier AB's projected earnings growth of 27.6% annually outstrips the Swedish market forecast of 14%, signaling strong future performance despite a recent dip in profit margins from 11.5% to 6%. The company's revenue growth is also set to exceed the market average, although at a slower pace than some high-growth benchmarks. Recent leadership changes, including Simon Karlin's appointment, align with strategic expansions aimed at enhancing global competitiveness and operational efficiency.

OM:NIBE B Earnings and Revenue Growth as at Jun 2024
OM:NIBE B Earnings and Revenue Growth as at Jun 2024

Pandox (OM:PNDX B)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Pandox AB, a global hotel property company, engages in owning, developing, and leasing hotel properties with a market capitalization of approximately SEK 34.67 billion.

Operations: The company generates its revenue primarily through two segments: own operation (SEK 3.24 billion) and rental agreements (SEK 3.76 billion).

Insider Ownership: 12.3%

Earnings Growth Forecast: 41.6% p.a.

Pandox AB shows promising signs as a growth-oriented company with its earnings expected to surge by 41.64% annually, outpacing the Swedish market's 14%. Despite this robust profit forecast, challenges include a dividend coverage issue and lower profit margins year-over-year. Recent financials indicate a rebound, with significant increases in sales and net income compared to the previous year. However, financial stability concerns persist due to poor coverage of interest payments by earnings.

OM:PNDX B Earnings and Revenue Growth as at Jun 2024
OM:PNDX B Earnings and Revenue Growth as at Jun 2024

Key Takeaways

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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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