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### 3 Swedish Insider Picks With Earnings Growth Up To 56% ###
Reviewed by Simply Wall St
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
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% | 73.8% |
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% |
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.
- Take a closer look at EQT's potential here in our earnings growth report.
- Insights from our recent valuation report point to the potential overvaluation of EQT shares in the market.
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%.
- Navigate through the intricacies of Fortnox with our comprehensive analyst estimates report here.
- The valuation report we've compiled suggests that Fortnox's current price could be quite moderate.
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.
- Get an in-depth perspective on Yubico's performance by reading our analyst estimates report here.
- According our valuation report, there's an indication that Yubico's share price might be on the expensive side.
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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.
Valuation is complex, but we're here to simplify it.
Discover if EQT might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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About OM:EQT
EQT
A global private equity firm specializing in private capital and real asset segments.