As global markets respond to a mix of economic signals, Sweden's market remains an area of keen interest for investors looking for growth opportunities. In this context, companies with high insider ownership can be particularly compelling, as they often indicate a strong alignment between company management and shareholder interests.
Top 10 Growth Companies With High Insider Ownership In Sweden
Overview: Absolent Air Care Group AB specializes in designing, developing, selling, installing, and maintaining air filtration units with a market capitalization of SEK 4.13 billion.
Operations: The company generates revenue primarily from two segments: Industrial at SEK 1.12 billion and Commercial Kitchen at SEK 289.38 million.
Insider Ownership: 13.8%
Earnings Growth Forecast: 17% p.a.
Absolent Air Care Group, a Swedish company with high insider ownership, shows promising financial health with a recent earnings increase from SEK 38.8 million to SEK 49.7 million in Q1 2024 and a rise in EPS from SEK 3.43 to SEK 4.39. Despite slower revenue growth at 9.6% annually compared to the market's faster pace, its profit growth outstrips the Swedish market average at an estimated annual rate of 17%. The firm is also trading below its estimated fair value by 13%, suggesting potential undervaluation. However, there has been significant insider selling over the past three months without corresponding buying activity, raising caution among potential investors about internal confidence levels.
Overview: Fortnox AB operates in providing financial and administrative software solutions to small and medium-sized businesses, accounting firms, and organizations, with a market capitalization of approximately SEK 40.76 billion.
Fortnox, a Swedish growth company with high insider ownership, has shown robust financial performance with its Q2 2024 earnings rising to SEK 521 million from SEK 413 million the previous year. The firm's net income also increased significantly to SEK 164 million. Despite no substantial insider buying recently, Fortnox trades at a discount of 12.6% below its estimated fair value and forecasts suggest an impressive annual earnings growth of 22.6%, outpacing the Swedish market's average. Moreover, it’s expected to maintain a high return on equity at 32.5% in three years, aligning with its strong revenue growth projections above market trends.
Overview: Pandox AB is a global hotel property company that owns, develops, and leases hotel properties, with a market capitalization of approximately SEK 37.78 billion.
Operations: The company generates its revenues primarily through two segments: Own operation, which brought in SEK 3.27 billion, and Rental Agreement, contributing SEK 3.82 billion.
Insider Ownership: 12.3%
Earnings Growth Forecast: 27.7% p.a.
Pandox, a Swedish company with significant insider ownership, reported a substantial increase in Q2 2024 earnings to SEK 704 million from SEK 287 million the previous year. Despite challenges in covering interest payments and dividends from earnings, Pandox is expected to see its revenue grow by 2.3% annually, outpacing the Swedish market's growth. However, its profit margins have declined to 7% from last year's 29%, and return on equity is projected to be low at 4.9% in three years.
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:ABSOOM:FNOX and
