High Growth Swedish Stocks With Strong Insider Ownership For October 2024
In This Article:
As global markets react to China's robust stimulus measures and mixed economic signals from the U.S. and Europe, Sweden's stock market has shown resilience with notable interest rate cuts by the Riksbank. In this environment, high-growth companies with strong insider ownership can offer a compelling investment narrative, as these factors often indicate confidence in the company's future prospects 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) | 29.6% | 21.6% |
| Fortnox (OM:FNOX) | 21.1% | 22.2% |
| Biovica International (OM:BIOVIC B) | 17.6% | 78.5% |
| Magle Chemoswed Holding (OM:MAGLE) | 14.9% | 72.2% |
| BioArctic (OM:BIOA B) | 34% | 98.4% |
| Yubico (OM:YUBICO) | 37.5% | 42.3% |
| KebNi (OM:KEBNI B) | 37.8% | 86.1% |
| InCoax Networks (OM:INCOAX) | 19.5% | 115.5% |
| OrganoClick (OM:ORGC) | 23.1% | 109.0% |
We'll examine a selection from our screener results.
NIBE Industrier
Simply Wall St Growth Rating: ★★★★☆☆
Overview: NIBE Industrier AB (publ) develops, manufactures, markets, and sells energy-efficient solutions for indoor climate comfort and intelligent heating and control across the Nordic countries, Europe, North America, and internationally; it has a market cap of SEK 109.15 billion.
Operations: Revenue segments for NIBE Industrier AB (publ) include Stoves at SEK 5.33 billion, Element at SEK 13.48 billion, and Climate Solutions at SEK 35.22 billion.
Insider Ownership: 20.2%
NIBE Industrier, a growth company with high insider ownership in Sweden, has faced recent financial challenges. For the second quarter of 2024, sales dropped to SEK 10.04 billion from SEK 11.83 billion a year ago, and net income fell sharply to SEK 219 million from SEK 1.32 billion. Despite this, NIBE's earnings are forecast to grow significantly at an annual rate of 42.55%, outpacing the Swedish market's expected growth of 15.1%.
-
Unlock comprehensive insights into our analysis of NIBE Industrier stock in this growth report.
-
Upon reviewing our latest valuation report, NIBE Industrier's share price might be too optimistic.
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 SEK103.73 billion.
Operations: Revenue from rental real estate amounts to SEK4.63 billion.
Insider Ownership: 28.6%
AB Sagax, with high insider ownership, has shown robust financial performance. For the second quarter of 2024, sales increased to SEK 1.20 billion from SEK 1.04 billion a year ago, and net income surged to SEK 978 million from SEK 53 million. The company expects its profit from property management for the full year to reach SEK 4.30 billion. Despite past shareholder dilution and debt concerns, earnings are forecast to grow significantly at an annual rate of 29.07%, outpacing the Swedish market's expected growth of 15.1%.