Top Swedish Growth Stocks With High Insider Ownership In September 2024

Simply Wall St.
09 Sep 2024

As global markets face economic uncertainties and stock indices experience significant declines, the Swedish market remains a focal point for investors seeking resilient growth opportunities. In this environment, companies with high insider ownership often signal strong confidence from those who know the business best, making them attractive candidates for long-term growth investments.

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%
Magle Chemoswed Holding (OM:MAGLE) 14.9% 72.2%
Biovica International (OM:BIOVIC B) 18.8% 73.1%
BioArctic (OM:BIOA B) 34% 98.4%
Yubico (OM:YUBICO) 37.5% 42.5%
KebNi (OM:KEBNI B) 37.8% 86.1%
InCoax Networks (OM:INCOAX) 19.3% 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.

We're going to check out a few of the best picks from our screener tool.

BioArctic

Simply Wall St Growth Rating: ★★★★★★

Overview: BioArctic AB (publ) develops biological drugs for central nervous system disorders in Sweden and has a market cap of SEK 16.08 billion.

Operations: BioArctic AB (publ) generates revenue primarily from its biotechnology segment, amounting to SEK 299.35 million.

Insider Ownership: 34%

Return On Equity Forecast: 28% (2027 estimate)

BioArctic, a Swedish biotech firm, showcases significant growth potential with high insider ownership. The company is forecast to achieve profitability within three years and expects annual revenue growth of 42.4%, outpacing the market. Recent earnings reveal substantial sales increases despite ongoing net losses. Key product developments include promising Phase 1 results for exidavnemab and multiple global approvals for Leqembi®, an Alzheimer's treatment, highlighting BioArctic's innovative capabilities in neurodegenerative diseases.

  • Take a closer look at BioArctic's potential here in our earnings growth report.
  • Our expertly prepared valuation report BioArctic implies its share price may be lower than expected.
OM:BIOA B Earnings and Revenue Growth as at Sep 2024

CTT Systems

Simply Wall St Growth Rating: ★★★★★★

Overview: CTT Systems AB (publ) designs, manufactures, and sells humidity control systems for aircraft in Sweden, Denmark, France, the United States, and internationally with a market cap of SEK 3.40 billion.

Operations: The company's revenue segment primarily comes from Aerospace & Defense, amounting to SEK 317.70 million.

Insider Ownership: 16.9%

Return On Equity Forecast: 44% (2027 estimate)

CTT Systems demonstrates strong growth potential with high insider ownership. The company reported Q2 2024 sales of SEK 83.1 million, up from SEK 79.5 million a year ago, and expects net sales for the second half of 2024 to increase by up to 16%. Revenue and earnings are forecasted to grow significantly faster than the Swedish market, at rates of 21.9% and 24.8% per year respectively. Insider activity has been positive with substantial buying in the past three months.

  • Delve into the full analysis future growth report here for a deeper understanding of CTT Systems.
  • The valuation report we've compiled suggests that CTT Systems' current price could be quite moderate.
OM:CTT Earnings and Revenue Growth as at Sep 2024

Haypp Group

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Haypp Group AB (publ) is an online retailer specializing in tobacco-free nicotine pouches and snus products across Sweden, Norway, the rest of Europe, and the United States, with a market cap of SEK2.75 billion.

Operations: Haypp Group AB (publ) generates revenue primarily from two segments: Core, contributing SEK2.49 billion, and Growth, adding SEK929.04 million.

Insider Ownership: 10.9%

Return On Equity Forecast: N/A (2027 estimate)

Haypp Group, a growth company with high insider ownership, reported Q2 2024 revenue of SEK 950.95 million, up from SEK 777.79 million a year ago. Earnings are forecasted to grow significantly at 112.9% per year, outpacing the Swedish market's expected growth of 15.3%. The company targets SEK 5 billion in revenue for 2025 and trades at a substantial discount to its estimated fair value. However, shareholders have experienced dilution over the past year.

  • Navigate through the intricacies of Haypp Group with our comprehensive analyst estimates report here.
  • Our expertly prepared valuation report Haypp Group implies its share price may be too high.
OM:HAYPP Earnings and Revenue Growth as at Sep 2024

Summing It All Up

  • Investigate our full lineup of 91 Fast Growing Swedish Companies With High Insider Ownership right here.
  • Hold shares in these firms? Setup your portfolio in Simply Wall St to seamlessly track your investments and receive personalized updates on your portfolio's performance.
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Want To Explore Some Alternatives?

  • Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
  • Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence.
  • Find companies with promising cash flow potential yet trading below their fair value.

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:CTT and OM:HAYPP.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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