Swedish Growth Companies With High Insider Ownership For August 2024

As global markets react to anticipated interest rate cuts, Sweden's economy is also experiencing significant shifts, with the Riksbank lowering borrowing costs and signaling further reductions. In this context, Swedish growth companies with high insider ownership can offer unique investment opportunities due to their potential for strong performance driven by internal confidence and alignment of interests. When evaluating stocks in such a market environment, it's essential to consider companies where insiders have substantial ownership. This often indicates that those who know the company best are confident in its future prospects.

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%
BioArctic (OM:BIOA B)	34%	102.8%
Yubico (OM:YUBICO)	37.5%	43.7%
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.

Let's dive into some prime choices out of 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 SEK407.46 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: 30.9%

Earnings Growth Forecast: 56.8% p.a.

EQT AB (publ) stands out among Swedish growth companies with high insider ownership, despite recent insider selling. The company is actively pursuing multiple M&A opportunities, including bids for Compass Education and Aavas Financiers. EQT's earnings are forecasted to grow significantly at 56.8% annually over the next three years, surpassing the Swedish market average of 16.1%. Recent financial results show strong performance with half-year revenue reaching €1.23 billion and net income at €282 million, reflecting substantial growth from the previous year.

• Take a closer look at EQT's potential here in our earnings growth report.
• Our comprehensive valuation report raises the possibility that EQT is priced higher than what may be justified by its financials.

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: The company's revenue segments include 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. Recent earnings reports show strong performance, with Q2 2024 revenue at SEK 521 million and net income at SEK 164 million, reflecting substantial year-over-year growth. Analysts forecast significant annual earnings growth of 22.6%, outpacing the Swedish market average. The stock is trading below its estimated fair value, and insiders have been buying more shares than selling in the past three months.

• Unlock comprehensive insights into our analysis of Fortnox stock in this growth report.
• The valuation report we've compiled suggests that Fortnox's current price could be quite moderate.

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 SEK97.71 billion.

Operations: AB Sagax generates SEK4.63 billion in revenue from real estate rentals across its European operations.

Insider Ownership: 28.6%

Earnings Growth Forecast: 30.7% p.a.

AB Sagax demonstrates characteristics of a growth company with high insider ownership in Sweden. The company's earnings surged by 196.5% over the past year, and its revenue is forecast to grow at 8.7% annually, outpacing the Swedish market's 1.1%. Recent Q2 results showed sales of SEK 1,203 million and net income of SEK 978 million, up from SEK 53 million last year. However, debt coverage by operating cash flow remains an area of concern.

• Click here and access our complete growth analysis report to understand the dynamics of AB Sagax.
• In light of our recent valuation report, it seems possible that AB Sagax is trading beyond its estimated value.

Seize The Opportunity

• Gain an insight into the universe of 91 Fast Growing Swedish Companies With High Insider Ownership by clicking here.
• Got skin in the game with these stocks? Elevate how you manage them by using Simply Wall St's portfolio, where intuitive tools await to help optimize your investment outcomes.
• Simply Wall St is your key to unlocking global market trends, a free user-friendly app for forward-thinking investors.

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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