Amidst a backdrop of fluctuating global markets, Sweden's economic landscape continues to offer intriguing opportunities for investors. In particular, growth companies with high insider ownership stand out as potentially resilient options in these uncertain times.
Top 10 Growth Companies With High Insider Ownership In Sweden
Overview: Betsson AB operates an online gaming business across the Nordic countries, Latin America, Western Europe, Central and Eastern Europe, and Central Asia with a market capitalization of approximately SEK 16.13 billion.
Operations: The company's revenue from its Casinos & Resorts segment amounts to approximately €0.97 billion.
Insider Ownership: 10.9%
Earnings Growth Forecast: 14.0% p.a.
Betsson AB, a Swedish company with substantial insider buying over the past three months, shows promising signs of growth. Its earnings have grown by 32.9% over the past year and are expected to rise by 14% annually, matching the Swedish market's growth rate. Despite slower revenue growth forecasts (9.9% per year) compared to a significant benchmark (20%), Betsson is trading at 70.7% below estimated fair value and analysts predict a stock price increase of 29.1%. Recent adjustments in company bylaws and successful redemption procedures underline its proactive corporate management.
Overview: Humble Group AB (publ) focuses on refining, developing, and distributing fast-moving consumer goods both in Sweden and internationally, with a market capitalization of approximately SEK 4.37 billion.
Operations: The company's revenue is primarily generated from four segments: Future Snacking at SEK 935 million, Sustainable Care at SEK 2.24 billion, Quality Nutrition at SEK 1.51 billion, and Nordic Distribution at SEK 2.62 billion.
Insider Ownership: 22.2%
Earnings Growth Forecast: 72.8% p.a.
Humble Group, a growth-oriented firm in Sweden with high insider ownership, is poised to turn profitable within three years. The company's revenue is expected to grow at 12% annually, outpacing the Swedish market's 1.8%. Recent financials show a shift from a net loss to a net income of SEK 23 million with sales rising to SEK 1,839 million. Additionally, Humble has secured an increased credit facility totaling SEK 1,950 million, enhancing its financial flexibility without substantial insider selling recently.
Overview: AB Sagax (publ) is a property company with operations across Sweden, Finland, France, Benelux, Spain, Germany, and other European countries, with a market capitalization of approximately SEK 91.82 billion.
Operations: The company generates revenue primarily through real estate rentals, amounting to SEK 4.47 billion.
Insider Ownership: 28.3%
Earnings Growth Forecast: 33.4% p.a.
AB Sagax, a Swedish growth company with significant insider ownership, has demonstrated robust financial performance and promising growth prospects. Recently, the firm successfully issued €500 million in green bonds to support its sustainability initiatives. Over the past year, Sagax's earnings surged by 53.3%, with future earnings expected to grow by 33.4% annually, outperforming the Swedish market forecast of 14%. However, it's important to note that debt is not well covered by operating cash flow, indicating potential financial leverage issues.
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.
Companies discussed in this article include OM:BETS BOM:HUMBLE OM:SAGA A and