Stock Analysis

Top Swedish Growth Companies With High Insider Ownership In September 2024

OM:EQT
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As global markets experience fluctuations and European indices show resilience following the ECB's recent rate cut, investors are increasingly looking toward growth companies with strong insider ownership. In this context, high insider ownership can signal confidence in a company's future prospects, making it an essential factor to consider when evaluating potential investments in the current market environment.

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)29.6%21.6%
Fortnox (OM:FNOX)21.1%22.6%
Magle Chemoswed Holding (OM:MAGLE)14.9%72.2%
Yubico (OM:YUBICO)37.5%42.3%
Biovica International (OM:BIOVIC B)18.8%78.5%
BioArctic (OM:BIOA B)34%98.4%
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 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 SEK418.07 billion.

Operations: The firm's revenue segments 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: 35.6% p.a.

EQT AB, a Swedish private equity firm, has demonstrated significant growth potential with earnings forecasted to grow at 35.57% annually, outpacing the Swedish market's 15.3%. Recent M&A activities include exploring a $2 billion sale of Banking Circle and competing for Singapore Post Limited’s $1 billion Australian business. Despite substantial insider selling over the past three months, EQT maintains high insider ownership and continues to pursue strategic acquisitions and divestitures to enhance its portfolio.

OM:EQT Earnings and Revenue Growth as at Sep 2024
OM:EQT Earnings and Revenue Growth as at Sep 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 SEK38.49 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, a Swedish software company, showcases strong growth potential with earnings forecasted to grow 22.6% annually and revenue expected to increase by 20.2% per year, significantly outpacing the Swedish market. Recent earnings report highlights robust performance with Q2 revenue at SEK 521 million and net income of SEK 164 million. High insider ownership is complemented by substantial insider buying over the past three months, reinforcing confidence in its long-term prospects.

OM:FNOX Earnings and Revenue Growth as at Sep 2024
OM:FNOX Earnings and Revenue Growth as at Sep 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 SEK95.37 billion.

Operations: AB Sagax generates revenue primarily through its Real Estate - Rental segment, which amounts to SEK4.63 billion.

Insider Ownership: 28.6%

Earnings Growth Forecast: 28.7% p.a.

AB Sagax, a Swedish real estate company, demonstrates strong growth potential with earnings forecasted to grow 28.7% annually and revenue expected to increase by 8.8% per year, both outpacing the Swedish market. Recent earnings for Q2 showed sales of SEK 1.20 billion and net income of SEK 978 million, a substantial rise from the previous year. Insider ownership remains high, although there has been no significant insider trading activity in the past three months.

OM:SAGA A Ownership Breakdown as at Sep 2024
OM:SAGA A Ownership Breakdown as at Sep 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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