Stock Analysis

October 2024 Swedish Growth Stocks With Strong Insider Ownership

OM:PNDX B
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As global markets grapple with escalating geopolitical tensions and fluctuating oil prices, the Swedish market remains a focal point for investors seeking stability and growth. In this environment, companies with strong insider ownership often signal confidence in their future prospects, making them attractive considerations for those looking to navigate the current 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)19.1%22.2%
Biovica International (OM:BIOVIC B)18.2%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)36.3%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 79 stocks from our Fast Growing Swedish Companies With High Insider Ownership screener.

We'll examine a selection from our screener results.

Pandox (OM:PNDX B)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Pandox AB (publ) is a hotel property company that owns, develops, and leases hotel properties globally with a market cap of SEK40.67 billion.

Operations: The company's revenue is derived from two main segments: Own operation, contributing SEK3.27 billion, and Rental Agreement, generating SEK3.82 billion.

Insider Ownership: 19.9%

Earnings Growth Forecast: 27% p.a.

Pandox AB has shown significant growth potential, with earnings expected to increase by 27% annually over the next three years, outpacing the Swedish market's forecast. Recent strategic moves include acquiring DoubleTree by Hilton Edinburgh City Centre for MGBP 49, enhancing its portfolio. However, insider selling has been substantial recently and shareholders experienced dilution in the past year. The company's revenue is projected to grow at 6.5% annually, higher than the market average but slower than desired for high-growth entities.

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

Sectra (OM:SECT B)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Sectra AB (publ) operates in the medical IT and cybersecurity sectors across Sweden, the United Kingdom, the Netherlands, and other parts of Europe with a market capitalization of SEK54.52 billion.

Operations: The company's revenue is primarily generated from Imaging IT Solutions, which accounts for SEK2.67 billion, and Secure Communications, contributing SEK388.55 million.

Insider Ownership: 30.3%

Earnings Growth Forecast: 21.2% p.a.

Sectra AB's recent earnings report shows strong growth, with sales increasing to SEK 736.75 million from SEK 601.71 million year-on-year, and net income rising to SEK 80.4 million from SEK 61.56 million. Despite no substantial insider buying recently, insiders have bought more shares than sold over the past three months. Sectra's earnings are projected to grow significantly at 21.2% annually, surpassing the Swedish market average of 15.2%, while revenue is also expected to outpace market growth at 14.2%.

OM:SECT B Ownership Breakdown as at Oct 2024
OM:SECT B Ownership Breakdown as at Oct 2024

Yubico (OM:YUBICO)

Simply Wall St Growth Rating: ★★★★★★

Overview: Yubico AB offers authentication solutions for computers, networks, and online services, with a market cap of SEK22.73 billion.

Operations: The company's revenue primarily comes from its Security Software & Services segment, which generated SEK2.09 billion.

Insider Ownership: 37.5%

Earnings Growth Forecast: 42.3% p.a.

Yubico's earnings are projected to grow significantly at 42.3% annually, outpacing the Swedish market average of 15.2%. Revenue is also expected to rise by 20.5% per year, exceeding market growth rates. Despite a recent decline in profit margins from 17.8% to 9.3%, Yubico's stock trades slightly below its estimated fair value with analysts predicting a potential price increase of 21.8%. Recent developments include strategic product partnerships and stable governance with insider representation on the nomination committee.

OM:YUBICO Ownership Breakdown as at Oct 2024
OM:YUBICO Ownership Breakdown as at Oct 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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