Top Swedish Growth Companies With High Insider Ownership September 2024
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As global markets react to the recent Federal Reserve rate cut, investors are closely watching European indices for signs of stability and growth. In this context, Sweden's market has shown resilience, making it an opportune time to explore growth companies with high insider ownership. High insider ownership often indicates strong confidence from those closest to the company, which can be particularly appealing during periods of economic adjustment and market volatility.
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% |
Below we spotlight a couple of our favorites from our exclusive screener.
NIBE Industrier
Simply Wall St Growth Rating: ★★★★☆☆
Overview: NIBE Industrier AB (publ) and its subsidiaries develop, manufacture, market, and sell energy-efficient solutions for indoor climate comfort as well as components and solutions for intelligent heating and control across the Nordic countries, Europe, North America, and internationally; the company has a market cap of SEK111.69 billion.
Operations: Revenue segments for NIBE Industrier AB (publ) include SEK5.33 billion from Stoves, SEK13.48 billion from Element, and SEK35.22 billion from Climate Solutions.
Insider Ownership: 20.2%
NIBE Industrier, a Swedish growth company with high insider ownership, faces mixed prospects. Despite a significant forecasted annual earnings growth of 42.55%, recent financials show declining performance with Q2 sales at SEK 10.04 billion, down from SEK 11.83 billion last year, and net income plummeting to SEK 219 million from SEK 1.32 billion. Revenue is expected to grow slower than the ideal rate but faster than the Swedish market average at 6.8% per year.
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The valuation report we've compiled suggests that NIBE Industrier's current price could be inflated.
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 SEK100.28 billion.