Top Swedish Growth Companies With High Insider Ownership In August 2024
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As Sweden's Riksbank reduces borrowing costs and signals further rate cuts, the Swedish stock market has been buoyed by optimism and increased investor activity. In this favorable economic climate, identifying growth companies with high insider ownership becomes crucial for investors seeking to capitalize on market opportunities.
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% |
| Biovica International (OM:BIOVIC B) | 18.8% | 73.8% |
| Magle Chemoswed Holding (OM:MAGLE) | 14.9% | 72.2% |
| Yubico (OM:YUBICO) | 37.5% | 43.7% |
| BioArctic (OM:BIOA B) | 34% | 102.8% |
| KebNi (OM:KEBNI B) | 37.8% | 86.1% |
| Calliditas Therapeutics (OM:CALTX) | 12.7% | 51.9% |
| InCoax Networks (OM:INCOAX) | 19% | 115.5% |
Let's uncover some gems from our specialized screener.
EQT
Simply Wall St Growth Rating: ★★★★★☆
Overview: EQT AB (publ) is a global private equity firm specializing in private capital and real asset segments, with a market cap of SEK408.15 billion.
Operations: The company's revenue segments include Central (€37.20 million), Real Assets (€878.70 million), and Private Capital (€1.28 billion).
Insider Ownership: 30.9%
Earnings Growth Forecast: 56.8% p.a.
EQT AB (publ) is a growth company with high insider ownership in Sweden, showing strong financial performance and significant future potential. Despite recent substantial insider selling, EQT's earnings grew by 384.2% over the past year and are forecast to grow at 56.8% annually, outpacing the Swedish market's average of 16.1%. The company's revenue is expected to increase by 17.9% per year, supported by strategic M&A activities such as its interest in acquiring Compass Education Pty Ltd and Aavas Financiers Limited.
MilDef Group
Simply Wall St Growth Rating: ★★★★☆☆
Overview: MilDef Group AB (publ) develops, manufactures, and sells rugged IT solutions and special electronics primarily for the security and defense sectors, with a market cap of SEK3.06 billion.
Operations: The company generates revenue of SEK1.11 billion from its Computer Hardware segment.
Insider Ownership: 23%
Earnings Growth Forecast: 47% p.a.
MilDef Group's revenue is projected to grow at 16.7% per year, surpassing the Swedish market's 1.1%. Earnings are expected to rise significantly by 47% annually over the next three years, though profit margins have declined from 6.2% to 3.9%. Despite trading at a substantial discount (52.2%) below its estimated fair value, MilDef recently secured SEK 18 million in orders from BAE Systems and a SEK 135 million contract for military displays, enhancing its product portfolio and long-term growth prospects.