Swedish Growth Companies With High Insider Ownership In July 2024

As global markets navigate a complex landscape marked by trade tensions and shifting investment trends, Sweden's market presents unique opportunities, particularly in growth companies with high insider ownership. These firms often exhibit strong alignment between management and shareholder interests, potentially offering resilience amid broader market volatility.

Top 10 Growth Companies With High Insider Ownership In Sweden

Name	Insider Ownership	Earnings Growth
CTT Systems (OM:CTT)	16.9%	24.8%
edyoutec (NGM:EDYOU)	14.6%	63.1%
Biovica International (OM:BIOVIC B)	18.7%	73.8%
Magle Chemoswed Holding (OM:MAGLE)	14.9%	72.2%
Sileon (OM:SILEON)	20.3%	109.3%
KebNi (OM:KEBNI B)	37.8%	90.4%
Yubico (OM:YUBICO)	37.5%	43.8%
BioArctic (OM:BIOA B)	34%	50.9%
Calliditas Therapeutics (OM:CALTX)	11.6%	52.9%
SaveLend Group (OM:YIELD)	23.3%	103.4%

Click here to see the full list of 92 stocks from our Fast Growing Swedish Companies With High Insider Ownership screener.

Let's take a closer look at a couple of our picks from the screened companies.

Fortnox (OM:FNOX)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Fortnox AB operates in providing financial and administrative application solutions tailored for small and medium-sized businesses, accounting firms, and organizations, with a market capitalization of approximately SEK 39.88 billion.

Operations: Fortnox generates revenue from several key areas: SEK 734 million from core products, SEK 378 million from businesses, SEK 352 million from accounting firms, SEK 249 million from financial services, and SEK 160 million from marketplaces.

Insider Ownership: 21%

Revenue Growth Forecast: 19.7% p.a.

Fortnox, a Swedish software company, has demonstrated robust growth with a 48.1% increase in earnings over the past year and consistent insider buying over the last three months. The company's revenue is expected to grow by 19.7% annually, slightly underperforming against expectations of 20% but still surpassing the broader Swedish market's 1% growth rate. With earnings forecasted to expand significantly at an annual rate of 22.6%, Fortnox trades at a compelling 14.5% below its estimated fair value, supported by recent strong quarterly results showing substantial year-over-year increases in sales and net income.

• Take a closer look at Fortnox's potential here in our earnings growth report.
• Our valuation report here indicates Fortnox may be overvalued.

Sectra (OM:SECT B)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Sectra AB (publ) specializes in medical IT and cybersecurity solutions across Sweden, the UK, the Netherlands, and other parts of Europe, with a market capitalization of approximately SEK 46.32 billion.

Operations: The company generates revenue primarily through its Imaging IT Solutions and Secure Communications segments, which brought in SEK 2.55 billion and SEK 367.35 million respectively, along with a smaller contribution from Business Innovation at SEK 89.87 million.

Insider Ownership: 30.3%

Revenue Growth Forecast: 14.7% p.a.

Sectra, a key entity in the Swedish tech landscape, has shown consistent financial growth with its latest quarterly revenue increasing to SEK 914.45 million from SEK 745.26 million year-over-year and net income also rising to SEK 158.45 million. The firm's expansion into cloud services, evidenced by successful launches in Belgian hospitals, alongside advancements in genomic diagnostics and secure communication systems like Sectra Tiger, underline its innovative edge. However, its revenue growth forecast at 14.7% annually trails behind more aggressive market expectations.

• Click here to discover the nuances of Sectra with our detailed analytical future growth report.
• Our expertly prepared valuation report Sectra implies its share price may be too high.

Yubico (OM:YUBICO)

Simply Wall St Growth Rating: ★★★★★★

Overview: Yubico AB specializes in authentication solutions for computers, networks, and online services, with a market capitalization of SEK 22.86 billion.

Operations: The company generates SEK 1.93 billion from its security software and services segment.

Insider Ownership: 37.5%

Revenue Growth Forecast: 22.9% p.a.

Yubico, a Swedish growth company with significant insider ownership, has demonstrated robust financial and strategic progress. Recently, Yubico reported a substantial increase in quarterly sales to SEK 504.4 million and net income to SEK 77.5 million. Strategic developments include the launch of MilSecure Mobile with Straxis for secure DOD web access and the upcoming release of YubiKey firmware updates enhancing enterprise security features. These initiatives align with its high forecasted earnings growth of 43.79% annually, although profit margins have dipped compared to last year.

• Click to explore a detailed breakdown of our findings in Yubico's earnings growth report.
• The valuation report we've compiled suggests that Yubico's current price could be inflated.

Summing It All Up

• Click this link to deep-dive into the 92 companies within our Fast Growing Swedish Companies With High Insider Ownership screener.
• Already own these companies? Bring clarity to your investment decisions by linking up your portfolio with Simply Wall St, where you can monitor all the vital signs of your stocks effortlessly.
• Maximize your investment potential with Simply Wall St, the comprehensive app that offers global market insights for free.

Interested In Other Possibilities?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
• Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence.
• 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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