Top Swedish Growth Stocks With High Insider Ownership In September 2024

In This Article:

As of September 2024, the Swedish market has shown resilience amidst global economic shifts, with growth stocks particularly standing out against a backdrop of interest rate cuts by the European Central Bank and cautious optimism in broader European markets. In this context, identifying growth companies with high insider ownership can be a prudent strategy for investors seeking to align their interests with those who have intimate knowledge and confidence in their business prospects.

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%

22.6%

Biovica International (OM:BIOVIC B)

17.6%

78.5%

Magle Chemoswed Holding (OM:MAGLE)

14.9%

72.2%

Yubico (OM:YUBICO)

37.5%

42.3%

BioArctic (OM:BIOA B)

34%

98.4%

KebNi (OM:KEBNI B)

37.8%

86.1%

InCoax Networks (OM:INCOAX)

19.5%

115.5%

C-Rad (OM:CRAD B)

16.1%

33.9%

Click here to see the full list of 91 stocks from our Fast Growing Swedish Companies With High Insider Ownership screener.

Let's take a closer look at a couple of our picks from the screened companies.

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 SEK427.41 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: 35.4% p.a.

EQT, a Swedish private equity firm, is poised for significant earnings growth at 35.4% annually, outpacing the Swedish market's 15.1%. Despite slower revenue growth at 15.5%, it remains above the market average of 0.9%. However, recent substantial insider selling and large one-off items impacting financial results are concerns. EQT's high Return on Equity forecast of 23.1% in three years underscores its potential profitability amidst active M&A activities and strategic divestitures.

OM:EQT Earnings and Revenue Growth as at Sep 2024

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 components internationally, with a market cap of SEK98.61 billion.

Operations: The company's revenue segments consist of SEK5.33 billion from Stoves, SEK13.48 billion from Element, and SEK35.22 billion from Climate Solutions.