Stock Analysis

Swedish Growth Companies With High Insider Ownership In July 2024

OM:TRUE B
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As global markets exhibit mixed signals with ongoing rotations and adjustments, Sweden's market remains a point of interest for those looking at growth companies with high insider ownership. Understanding the implications of such ownership structures can be particularly relevant in today's economic climate, where strategic alignments within companies are crucial for navigating uncertainties.

Top 10 Growth Companies With High Insider Ownership In Sweden

NameInsider OwnershipEarnings Growth
CTT Systems (OM:CTT)16.9%24.8%
Biovica International (OM:BIOVIC B)18.7%73.8%
Magle Chemoswed Holding (OM:MAGLE)14.9%72.2%
InCoax Networks (OM:INCOAX)18.1%104.9%
BioArctic (OM:BIOA B)34%50.9%
KebNi (OM:KEBNI B)37.8%90.4%
Yubico (OM:YUBICO)37.5%43.8%
Calliditas Therapeutics (OM:CALTX)11.6%52.9%
SaveLend Group (OM:YIELD)23.3%103.4%
edyoutec (NGM:EDYOU)14.6%63.1%

Click here to see the full list of 90 stocks from our Fast Growing Swedish Companies With High Insider Ownership screener.

We'll examine a selection from our screener results.

HMS Networks (OM:HMS)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: HMS Networks AB operates globally, providing products that facilitate communication and information sharing between industrial equipment, with a market capitalization of approximately SEK 20.34 billion.

Operations: The company generates SEK 3.01 billion from its wireless communications equipment segment.

Insider Ownership: 12.6%

Revenue Growth Forecast: 12.2% p.a.

HMS Networks, a Swedish company with high insider ownership, shows mixed financial health. Despite a recent decrease in net profit margin from 20.1% to 14% and a drop in earnings per share over the past year, HMS's revenue growth (12.2% per year) is projected to outpace the Swedish market significantly. Insider activity has been balanced with more purchases than sales, though not in large volumes. The company's debt level is high, which may raise concerns about its financial stability amidst its growth trajectory.

OM:HMS Earnings and Revenue Growth as at Jul 2024
OM:HMS Earnings and Revenue Growth as at Jul 2024

Truecaller (OM:TRUE B)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Truecaller AB (publ) specializes in developing and publishing mobile caller ID applications for individuals and businesses across India, the Middle East, Africa, and other global markets, with a market capitalization of SEK 11.68 billion.

Operations: The company generates its revenue primarily from communications software, totaling SEK 1.72 billion.

Insider Ownership: 29.4%

Revenue Growth Forecast: 19.8% p.a.

Truecaller, a Swedish growth company with high insider ownership, has shown mixed financial results recently. In the second quarter of 2024, sales and net income decreased compared to the previous year. However, Truecaller is expected to see significant earnings growth over the next three years, outpacing the Swedish market. Insider activity includes more purchases than sales in recent months but not in substantial volumes. The company's Return on Equity is forecasted to be very high in three years' time.

OM:TRUE B Ownership Breakdown as at Jul 2024
OM:TRUE B Ownership Breakdown as at Jul 2024

Yubico (OM:YUBICO)

Simply Wall St Growth Rating: ★★★★★★

Overview: Yubico AB specializes in providing authentication solutions for computers, networks, and online services, with a market capitalization of SEK 23.29 billion.

Operations: The company generates SEK 1.93 billion from its Security Software & Services segment.

Insider Ownership: 37.5%

Revenue Growth Forecast: 22.9% p.a.

Yubico, a Swedish growth company with high insider ownership, has seen its revenue grow by 19.9% over the past year and is expected to continue this trend with forecasts showing a 22.9% annual increase. While profit margins have decreased from 16.9% to 8.6%, earnings are projected to rise significantly at a rate of 43.79% annually over the next three years, outperforming the Swedish market's expectations of 15.4%. Recent product launches and strategic partnerships aim to enhance secure web browsing for military and government applications, further supporting growth prospects despite some shareholder dilution in the past year.

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