Top Swedish Growth Stocks With High Insider Ownership For September 2024

As global markets grapple with economic uncertainties, Sweden's stock market has shown resilience, particularly in sectors driven by innovation and strong insider ownership. In this environment, identifying growth companies with high insider ownership can provide valuable insights into potential long-term performance.

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%
Magle Chemoswed Holding (OM:MAGLE)	14.9%	72.2%
Biovica International (OM:BIOVIC B)	18.8%	73.1%
BioArctic (OM:BIOA B)	34%	98.4%
Yubico (OM:YUBICO)	37.5%	42.5%
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 92 stocks from our Fast Growing Swedish Companies With High Insider Ownership screener.

Let's dive into some prime choices out of the screener.

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 SEK96.71 billion.

Operations: AB Sagax generates SEK4.63 billion in revenue from its real estate rental operations across Sweden, Finland, France, Benelux, Spain, Germany, and other European countries.

Insider Ownership: 28.6%

AB Sagax has shown strong growth, with earnings up 196.5% over the past year and forecasted to grow at 28.72% annually, outpacing the Swedish market's 15.2%. Recent earnings for Q2 2024 reported sales of SEK 1.20 billion and net income of SEK 978 million, a substantial increase from last year’s SEK 53 million. However, debt is not well covered by operating cash flow, and shareholders experienced dilution in the past year.

• Navigate through the intricacies of AB Sagax with our comprehensive analyst estimates report here.
• Upon reviewing our latest valuation report, AB Sagax's share price might be too optimistic.

Sectra (OM:SECT B)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Sectra AB (publ) offers medical IT and cybersecurity solutions across Sweden, the United Kingdom, the Netherlands, and other parts of Europe, with a market cap of SEK50.79 billion.

Operations: Sectra's revenue segments include Imaging IT Solutions at SEK2.67 billion, Secure Communications at SEK388.55 million, and Business Innovation at SEK90.77 million.

Insider Ownership: 30.3%

Sectra AB has demonstrated robust growth, with earnings increasing by 17% over the past year and forecasted to grow at 21.21% annually. Recent Q1 2024 earnings reported sales of SEK 736.75 million and net income of SEK 80.4 million, up from SEK 601.71 million and SEK 61.56 million respectively a year ago. The company’s revenue is expected to grow at a rate of 14.2% per year, faster than the Swedish market average of 1%.

• Click here to discover the nuances of Sectra with our detailed analytical future growth report.
• The analysis detailed in our Sectra valuation report hints at an inflated share price compared to its estimated value.

Storytel (OM:STORY B)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Storytel AB (publ) offers streaming services for audiobooks and e-books, with a market cap of approximately SEK3.52 billion.

Operations: Storytel AB (publ) generates revenue primarily from its Books segment, which accounted for SEK825.91 million, with a segment adjustment of SEK3.46 billion.

Insider Ownership: 19.5%

Storytel is forecasted to achieve profitability within three years, with earnings expected to grow at 108.79% annually. Despite a slower revenue growth rate of 9.9% per year, it surpasses the Swedish market average of 1%. Recent Q2 results showed sales of SEK 924.49 million and net income of SEK 29.22 million, reversing a prior net loss. Insiders have been buying shares significantly in the past three months, indicating strong internal confidence in future performance.

• Click here and access our complete growth analysis report to understand the dynamics of Storytel.
• Our valuation report unveils the possibility Storytel's shares may be trading at a discount.

Next Steps

• Take a closer look at our Fast Growing Swedish Companies With High Insider Ownership list of 92 companies by clicking here.
• Invested in any of these stocks? Simplify your portfolio management with Simply Wall St and stay ahead with our alerts for any critical updates on your stocks.
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Seeking Other Investments?

• 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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