Insider Ownership: 28.6%

AB Sagax, a Swedish growth company with high insider ownership, has reported substantial earnings growth. For the second quarter of 2024, sales reached SEK 1.20 billion and net income was SEK 978 million, a significant increase from the previous year. The company's earnings are forecast to grow at 24.9% annually, outpacing the Swedish market's expected growth of 15.8%. Despite a high price-to-earnings ratio (55.5x), it remains below the industry average (56.5x).

• Click to explore a detailed breakdown of our findings in AB Sagax's earnings growth report.

• According our valuation report, there's an indication that AB Sagax's share price might be on the expensive side.

Wallenstam

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Wallenstam AB (publ) is a Swedish property company with a market cap of SEK36.27 billion.

Operations: Wallenstam generates revenue from its operations in Stockholm (SEK938 million) and Gothenburg (SEK1.94 billion).

Insider Ownership: 35%

Wallenstam AB has seen a turnaround in profitability, reporting a net income of SEK 74 million for Q2 2024 compared to a net loss of SEK 218 million the previous year. The company's revenue growth is projected at 3.2% annually, outpacing the Swedish market's expected growth rate. Wallenstam's recent focus on sustainable property development has attracted new tenants and increased occupancy rates. Insider buying activity over the past three months indicates confidence in future performance.

• Click here and access our complete growth analysis report to understand the dynamics of Wallenstam.

• Insights from our recent valuation report point to the potential overvaluation of Wallenstam shares in the market.

Seize The Opportunity

• Take a closer look at our Fast Growing Swedish Companies With High Insider Ownership list of 88 companies by clicking here.

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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:BIOA B OM:SAGA A and OM:WALL B.

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