Spotlight On 3 Swedish Growth Stocks With High Insider Ownership
In This Article:
The Swedish market has been navigating a landscape shaped by recent interest rate cuts from the European Central Bank, which have buoyed major stock indexes across Europe. In this context of monetary easing, growth companies with high insider ownership can be particularly appealing as they often align management's interests with those of shareholders, potentially leading to more strategic decision-making and resilience in fluctuating economic conditions.
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) | 29.7% | 21.8% |
| Biovica International (OM:BIOVIC B) | 18.3% | 78.5% |
| BioArctic (OM:BIOA B) | 34% | 98.4% |
| Yubico (OM:YUBICO) | 37.5% | 42.2% |
| KebNi (OM:KEBNI B) | 36.3% | 86.1% |
| InCoax Networks (OM:INCOAX) | 20.1% | 115.5% |
| C-Rad (OM:CRAD B) | 16.1% | 33.9% |
| Catena Media (OM:CTM) | 10% | 123.9% |
| OrganoClick (OM:ORGC) | 23.1% | 109.0% |
Let's explore several standout options from the results in the screener.
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 SEK36.60 billion.
Operations: The company's revenue segments include Core Products at SEK734 million, Businesses at SEK378 million, Accounting Firms at SEK352 million, Financial Services at SEK249 million, and Marketplaces at SEK160 million.
Insider Ownership: 19.1%
Fortnox, with substantial insider buying and no significant selling recently, is positioned for robust growth. Its earnings are forecast to grow significantly at 23.7% annually, outpacing the Swedish market's 15.5%. Revenue is expected to increase by 19.9% per year, surpassing the market average of 1%. Analysts agree on a potential stock price rise of 29.2%, while it trades at a notable discount to its estimated fair value.
-
Dive into the specifics of Fortnox here with our thorough growth forecast report.
-
Upon reviewing our latest valuation report, Fortnox's share price might be too pessimistic.
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 with a market cap of approximately SEK101.45 billion.
Operations: The company's revenue segments include SEK5.33 billion from Stoves, SEK13.48 billion from Element, and SEK35.22 billion from Climate Solutions.