Top Swedish Growth Stocks With High Insider Ownership For September 2024

In This Article:

As global markets grapple with economic uncertainties, Sweden's stock market has shown resilience, particularly in sectors driven by innovation and strong insider ownership. In this environment, identifying growth companies with high insider ownership can provide valuable insights into potential long-term performance.

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%

Magle Chemoswed Holding (OM:MAGLE)

14.9%

72.2%

Biovica International (OM:BIOVIC B)

18.8%

73.1%

BioArctic (OM:BIOA B)

34%

98.4%

Yubico (OM:YUBICO)

37.5%

42.5%

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%

Click here to see the full list of 92 stocks from our Fast Growing Swedish Companies With High Insider Ownership screener.

Let's dive into some prime choices out of the screener.

AB Sagax

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 SEK96.71 billion.

Operations: AB Sagax generates SEK4.63 billion in revenue from its real estate rental operations across Sweden, Finland, France, Benelux, Spain, Germany, and other European countries.

Insider Ownership: 28.6%

AB Sagax has shown strong growth, with earnings up 196.5% over the past year and forecasted to grow at 28.72% annually, outpacing the Swedish market's 15.2%. Recent earnings for Q2 2024 reported sales of SEK 1.20 billion and net income of SEK 978 million, a substantial increase from last year’s SEK 53 million. However, debt is not well covered by operating cash flow, and shareholders experienced dilution in the past year.

OM:SAGA A Earnings and Revenue Growth as at Sep 2024
OM:SAGA A Earnings and Revenue Growth as at Sep 2024

Sectra

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Sectra AB (publ) offers medical IT and cybersecurity solutions across Sweden, the United Kingdom, the Netherlands, and other parts of Europe, with a market cap of SEK50.79 billion.

Operations: Sectra's revenue segments include Imaging IT Solutions at SEK2.67 billion, Secure Communications at SEK388.55 million, and Business Innovation at SEK90.77 million.

Insider Ownership: 30.3%

Sectra AB has demonstrated robust growth, with earnings increasing by 17% over the past year and forecasted to grow at 21.21% annually. Recent Q1 2024 earnings reported sales of SEK 736.75 million and net income of SEK 80.4 million, up from SEK 601.71 million and SEK 61.56 million respectively a year ago. The company’s revenue is expected to grow at a rate of 14.2% per year, faster than the Swedish market average of 1%.