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The Swedish stock market has been buoyant recently, benefiting from the broader European trend of interest rate cuts and positive economic signals. With this backdrop, identifying growth companies with high insider ownership can be particularly rewarding as these stocks often reflect strong internal confidence and potential for robust performance. In this article, we will explore three top Swedish growth companies with significant insider ownership for September 2024.
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) | 29.6% | 21.6% |
Fortnox (OM:FNOX) | 21.1% | 22.6% |
Magle Chemoswed Holding (OM:MAGLE) | 14.9% | 72.2% |
Yubico (OM:YUBICO) | 37.5% | 42.3% |
Biovica International (OM:BIOVIC B) | 18.8% | 78.5% |
BioArctic (OM:BIOA B) | 34% | 98.4% |
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% |
Here's a peek at a few of the choices from the screener.
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 approximately SEK418.07 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: 35.6% p.a.
EQT is a growth company with high insider ownership, forecasted to achieve annual earnings growth of 35.6%, outpacing the Swedish market's 15.3%. Despite no substantial insider buying recently, the company's Return on Equity is expected to reach 23% in three years. Recent activities include multiple M&A discussions and a share repurchase program aimed at optimizing capital structure and enabling strategic acquisitions. However, significant one-off items have impacted financial results.
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Get an in-depth perspective on EQT's performance by reading our analyst estimates report here.
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The valuation report we've compiled suggests that EQT's current price could be inflated.
Fortnox
Simply Wall St Growth Rating: ★★★★★★
Overview: Fortnox AB (publ) offers financial and administrative software solutions for small and medium-sized businesses, accounting firms, and organizations, with a market cap of SEK38.49 billion.
Operations: Fortnox's revenue segments include Businesses (SEK378 million), Marketplaces (SEK160 million), Core Products (SEK734 million), Accounting Firms (SEK352 million), and Financial Services (SEK249 million).