Stock Analysis

### 3 Swedish Insider Picks With Earnings Growth Up To 56% ###

OM:EQT
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The Swedish market has been buoyed by the recent rate cuts from the Riksbank, aligning with broader European trends towards monetary easing. Amidst this favorable economic backdrop, identifying growth companies with high insider ownership can be particularly rewarding, as these stocks often signal strong internal confidence and potential for robust earnings growth.

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)29.5%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%73.8%
Yubico (OM:YUBICO)37.5%43.7%
BioArctic (OM:BIOA B)34%102.8%
KebNi (OM:KEBNI B)37.8%86.1%
Calliditas Therapeutics (OM:CALTX)12.7%51.9%
InCoax Networks (OM:INCOAX)19%115.5%

Click here to see the full list of 91 stocks from our Fast Growing Swedish Companies With High Insider Ownership screener.

Here's a peek at a few of the choices from the 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 approximately SEK407.46 billion.

Operations: Revenue segments for EQT AB (publ) include €37.20 million from Central, €878.70 million from Real Assets, and €1.28 billion from Private Capital.

Insider Ownership: 30.9%

Earnings Growth Forecast: 56.8% p.a.

EQT AB (publ) is a prominent growth company with substantial insider ownership in Sweden. Recent earnings reports show significant profit growth, with net income rising from €120 million to €282 million year-over-year. The company's revenue is forecast to grow at 17.9% annually, outpacing the Swedish market's 1.1%. Despite no substantial insider buying in the past three months, EQT remains active in M&A discussions and has initiated a share repurchase program to adjust its capital structure and support acquisitions.

OM:EQT Ownership Breakdown as at Aug 2024
OM:EQT Ownership Breakdown as at Aug 2024

Fortnox (OM:FNOX)

Simply Wall St Growth Rating: ★★★★★★

Overview: Fortnox AB (publ) offers financial and administrative software solutions for small and medium-sized businesses, accounting firms, and organizations, with a market cap of SEK35.71 billion.

Operations: Fortnox AB (publ) generates revenue from various segments including Businesses (SEK378 million), Marketplaces (SEK160 million), Core Products (SEK734 million), Accounting Firms (SEK352 million), and Financial Services (SEK249 million).

Insider Ownership: 21.1%

Earnings Growth Forecast: 22.6% p.a.

Fortnox AB (publ) exemplifies a growth company with high insider ownership in Sweden, showing strong financial performance and future prospects. Recent earnings report highlights significant revenue growth from SEK 413 million to SEK 521 million year-over-year for Q2 2024, with net income rising from SEK 127 million to SEK 164 million. With no substantial insider selling and notable insider buying over the past three months, Fortnox is forecasted to grow its earnings by 22.6% annually, outpacing the Swedish market's expected profit growth of 16.1%.

OM:FNOX Ownership Breakdown as at Aug 2024
OM:FNOX Ownership Breakdown as at Aug 2024

Yubico (OM:YUBICO)

Simply Wall St Growth Rating: ★★★★★★

Overview: Yubico AB provides authentication solutions for computers, networks, and online services, with a market cap of SEK27.51 billion.

Operations: The company's revenue from Security Software & Services is SEK2.09 billion.

Insider Ownership: 37.5%

Earnings Growth Forecast: 43.7% p.a.

Yubico demonstrates strong growth potential with high insider ownership in Sweden. Despite a volatile share price and past shareholder dilution, Yubico's revenue is forecast to grow 22.5% annually, significantly outpacing the Swedish market. Recent earnings show substantial improvement, with Q2 sales rising to SEK 614.4 million from SEK 450.8 million year-over-year and net income increasing to SEK 103.6 million from SEK 75.2 million.

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