Stock Analysis

3 Swedish Growth Companies With High Insider Ownership Growing Earnings At 42%

OM:NIBE B
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The Swedish market has been navigating a complex landscape, influenced by global economic shifts and monetary policy changes. Amid this backdrop, identifying growth companies with high insider ownership can be particularly compelling for investors seeking robust earnings potential. In the current environment of fluctuating interest rates and cautious optimism, stocks with strong insider ownership often signal confidence in the company's future prospects. This article will explore three Swedish growth companies that not only exhibit high insider ownership but are also achieving impressive earnings growth at 42%.

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%
Biovica International (OM:BIOVIC B)17.6%78.5%
Magle Chemoswed Holding (OM:MAGLE)14.9%72.2%
BioArctic (OM:BIOA B)34%98.4%
Yubico (OM:YUBICO)37.5%42.3%
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%
OrganoClick (OM:ORGC)23.1%109.0%

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

Below we spotlight a couple of our favorites from our exclusive screener.

NIBE Industrier (OM:NIBE B)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: NIBE Industrier AB (publ) develops, manufactures, markets, and sells energy-efficient indoor climate comfort solutions and intelligent heating and control components internationally, with a market cap of SEK 109.51 billion.

Operations: The company's revenue segments include SEK 5.33 billion from Stoves, SEK 13.48 billion from Element, and SEK 35.22 billion from Climate Solutions.

Insider Ownership: 20.2%

Earnings Growth Forecast: 42.5% p.a.

NIBE Industrier, a Swedish growth company with high insider ownership, is forecast to see significant earnings growth of 42.55% per year over the next three years, outpacing the Swedish market's 15%. However, recent financial results show a decline in sales and net income for Q2 2024 compared to the previous year. Despite this setback, its revenue is expected to grow faster than the overall market at 6.8% annually.

OM:NIBE B Earnings and Revenue Growth as at Sep 2024
OM:NIBE B 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 SEK97.71 billion.

Operations: The company's revenue segment primarily consists of Real Estate - Rental, generating SEK4.63 billion.

Insider Ownership: 28.6%

Earnings Growth Forecast: 29.1% p.a.

AB Sagax, a Swedish real estate company with high insider ownership, is forecast to achieve substantial earnings growth of 29.1% per year, outpacing the Swedish market's 15%. Despite recent shareholder dilution and debt concerns, its price-to-earnings ratio (56.6x) remains below the industry average. Recent financial results show impressive growth with Q2 sales at SEK 1.20 billion and net income at SEK 978 million compared to SEK 53 million a year ago.

OM:SAGA A Earnings and Revenue Growth as at Sep 2024
OM:SAGA A Earnings and Revenue Growth as at Sep 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 SEK20.88 billion.

Operations: The company generates revenue primarily from its Security Software & Services segment, which amounted to SEK2.09 billion.

Insider Ownership: 37.5%

Earnings Growth Forecast: 42.3% p.a.

Yubico, a Swedish cybersecurity firm with high insider ownership, is expected to see robust revenue growth of 20.5% annually, outpacing the Swedish market's 0.9%. Despite a volatile share price and lower profit margins (9.3%) compared to last year (17.8%), its earnings are forecast to grow significantly at 42.35% per year over the next three years. Recent financials show Q2 sales at SEK 614.4 million and net income of SEK 103.6 million, reflecting strong performance improvements from the previous year.

OM:YUBICO Earnings and Revenue Growth as at Sep 2024
OM:YUBICO Earnings and Revenue Growth as at Sep 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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About OM:NIBE B

NIBE Industrier

Develops, manufactures, markets, and sells various energy-efficient solutions for indoor climate comfort, and components and solutions for intelligent heating and control in Nordic countries, rest of Europe, North America, and internationally.

Reasonable growth potential second-rate dividend payer.