Top Growth Stocks On The Swedish Exchange With High Insider Ownership August 2024

As Sweden's Riksbank has recently reduced borrowing costs, the Swedish market is experiencing renewed investor interest and optimism. In this environment, growth companies with high insider ownership can present compelling opportunities due to their potential for strong performance and alignment of interests between management and shareholders.

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%
Biovica International (OM:BIOVIC B)	18.8%	73.8%
Magle Chemoswed Holding (OM:MAGLE)	14.9%	72.2%
Yubico (OM:YUBICO)	37.5%	43.7%
BioArctic (OM:BIOA B)	34%	102.8%
KebNi (OM:KEBNI B)	37.8%	86.1%
InCoax Networks (OM:INCOAX)	19%	115.5%
Calliditas Therapeutics (OM:CALTX)	12.7%	51.9%

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

Here we highlight a subset of our preferred stocks 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 SEK406.14 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) exemplifies growth potential with high insider ownership, bolstered by substantial earnings growth forecasted at 56.8% annually over the next three years. Despite recent M&A setbacks, such as losing bids for Aavas Financiers and JB Chemicals, EQT remains a strong contender in various acquisition talks. Recent share repurchases demonstrate confidence in its capital structure while insiders have shown more buying than selling activity recently.

• Click here and access our complete growth analysis report to understand the dynamics of EQT.
• According our valuation report, there's an indication that EQT's share price might be on the expensive side.

HMS Networks (OM:HMS)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: HMS Networks AB (publ) provides products that enable industrial equipment to communicate and share information globally, with a market cap of SEK21.91 billion.

Operations: HMS Networks AB (publ) generates revenue primarily from its Wireless Communications Equipment segment, which accounts for SEK3.01 billion.

Insider Ownership: 12.6%

Earnings Growth Forecast: 29.6% p.a.

HMS Networks exhibits strong growth potential with high insider ownership, despite recent earnings declines. The company reported second-quarter sales of SEK 845 million but saw net income drop to SEK 34 million from SEK 116 million a year ago. Revenue is forecasted to grow at 16% annually, outpacing the Swedish market's 1.1%. Insiders have shown confidence through more buying than selling recently, and the stock trades below its estimated fair value by 8.1%.

• Dive into the specifics of HMS Networks here with our thorough growth forecast report.
• Our comprehensive valuation report raises the possibility that HMS Networks is priced higher than what may be justified by its financials.

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 SEK97.66 billion.

Operations: AB Sagax generates revenue primarily through Real Estate - Rental, amounting to SEK4.63 billion.

Insider Ownership: 28.6%

Earnings Growth Forecast: 30.7% p.a.

AB Sagax shows significant growth potential with high insider ownership. The company reported strong earnings for the second quarter, with sales of SEK 1.20 billion and net income of SEK 978 million, a sharp increase from last year. Earnings are forecasted to grow at 30.7% annually, significantly outpacing the Swedish market's 16.1%. However, revenue growth is expected to be moderate at 8.7% per year and debt coverage by operating cash flow remains a concern.

• Navigate through the intricacies of AB Sagax with our comprehensive analyst estimates report here.
• Upon reviewing our latest valuation report, AB Sagax's share price might be too optimistic.

Make It Happen

• Unlock more gems! Our Fast Growing Swedish Companies With High Insider Ownership screener has unearthed 88 more companies for you to explore.Click here to unveil our expertly curated list of 91 Fast Growing Swedish Companies With High Insider Ownership.
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Ready For A Different Approach?

• 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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