Top Swedish Growth Stocks With High Insider Ownership In August 2024

Simply Wall St

In August 2024, the Swedish market has shown resilience amid global economic uncertainties, with indices displaying moderate fluctuations. As investors navigate this volatile landscape, identifying growth companies with high insider ownership can offer a measure of confidence and alignment of interests between company executives and shareholders.

Top 10 Growth Companies With High Insider Ownership In Sweden

NameInsider OwnershipEarnings Growth
CTT Systems (OM:CTT)16.9%24.8%
Magle Chemoswed Holding (OM:MAGLE)14.9%72.2%
Biovica International (OM:BIOVIC B)18.8%73.8%
Yubico (OM:YUBICO)37.5%43.8%
BioArctic (OM:BIOA B)34%102.1%
KebNi (OM:KEBNI B)37.8%90.4%
InCoax Networks (OM:INCOAX)18.1%104.9%
Calliditas Therapeutics (OM:CALTX)12.7%54.9%
SaveLend Group (OM:YIELD)23.3%103.4%
edyoutec (NGM:EDYOU)13.4%63.1%

Click here to see the full list of 88 stocks from our Fast Growing Swedish Companies With High Insider Ownership screener.

Below we spotlight a couple of our favorites from our exclusive 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 SEK376.02 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: 31%

Return On Equity Forecast: 23% (2027 estimate)

EQT AB has demonstrated strong growth, with earnings increasing by 384.2% over the past year and forecasted to grow 56.8% annually, outpacing the Swedish market's 15.7%. The company's high insider ownership aligns with its strategic M&A activities, including potential bids for Compass Education and Aavas Financiers. Despite some insider selling, EQT's revenue is expected to grow significantly at 17.9% per year, reinforcing its position as a growth company with substantial insider involvement in Sweden.

OM:EQT Earnings and Revenue Growth as at Aug 2024

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 SEK94.55 billion.

Operations: The company generates revenue primarily from its Real Estate - Rental segment, amounting to SEK4.63 billion.

Insider Ownership: 28.6%

Return On Equity Forecast: N/A (2027 estimate)

AB Sagax has shown impressive growth, with earnings rising 196.5% over the past year and forecasted to grow 30.73% annually, outpacing the Swedish market's 15.7%. Recent earnings guidance expects profit from property management to reach SEK 4.3 billion in 2024. Despite some shareholder dilution, insider ownership remains substantial, aligning with strategic moves like a €500 million green bond issuance for corporate purposes under its Green Finance Framework.

OM:SAGA A Earnings and Revenue Growth as at Aug 2024

Sectra (OM:SECT B)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Sectra AB (publ) provides medical IT and cybersecurity solutions across Sweden, the United Kingdom, the Netherlands, and Europe, with a market cap of SEK46.82 billion.

Operations: Sectra's revenue segments include Imaging IT Solutions at SEK2.55 billion, Secure Communications at SEK367.35 million, and Business Innovation at SEK89.87 million.

Insider Ownership: 30.3%

Return On Equity Forecast: 30% (2027 estimate)

Sectra AB exhibits strong growth potential with earnings forecasted to grow annually by 19.3%, outpacing the Swedish market. Recent financials show a revenue increase to SEK 3.04 billion for the fiscal year, reflecting robust performance. Key developments include successful implementation of Sectra One Cloud in Belgian hospitals and the launch of a genomics IT module in collaboration with the University of Pennsylvania Health System, enhancing its enterprise imaging solutions and expanding its market presence.

OM:SECT B Ownership Breakdown as at Aug 2024

Summing It All Up

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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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