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Euronext Amsterdam Showcases Basic-Fit Among 3 High Insider-Owned Growth Stocks

As European markets display resilience with indices like the STOXX Europe 600 showing gains amidst easing political uncertainties and a brighter outlook for monetary policy, investors are keenly observing trends that might influence their strategies. In this context, companies with high insider ownership such as Basic-Fit on the Euronext Amsterdam are drawing attention, potentially signaling strong confidence from those closest to the company in its growth prospects.

Top 5 Growth Companies With High Insider Ownership In The Netherlands

Name

Insider Ownership

Earnings Growth

BenevolentAI (ENXTAM:BAI)

27.8%

62.8%

Envipco Holding (ENXTAM:ENVI)

15.6%

68.9%

Ebusco Holding (ENXTAM:EBUS)

34%

110.7%

MotorK (ENXTAM:MTRK)

35.8%

105.8%

Basic-Fit (ENXTAM:BFIT)

12%

66.1%

PostNL (ENXTAM:PNL)

30.8%

24.2%

Click here to see the full list of 6 stocks from our Fast Growing Euronext Amsterdam Companies With High Insider Ownership screener.

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Below we spotlight a couple of our favorites from our exclusive screener.

Basic-Fit

Simply Wall St Growth Rating: ★★★★★☆

Overview: Basic-Fit N.V. operates a chain of fitness clubs across Europe and has a market capitalization of approximately €1.36 billion.

Operations: Basic-Fit generates revenue primarily from its fitness clubs in the Benelux region and in France, Spain, and Germany, totaling approximately €479.04 million and €568.21 million respectively.

Insider Ownership: 12%

Basic-Fit, a prominent fitness chain in the Netherlands, demonstrates promising growth potential with high insider ownership. Recently, insiders have shown confidence by purchasing more shares than they sold. Financial forecasts are optimistic, projecting a significant increase in profitability and revenue growth at 14.9% annually over the next three years—outpacing average market expectations. Analyst consensus suggests a potential stock price increase of 61.2%. However, the rate of revenue growth is not expected to exceed 20% annually.

ENXTAM:BFIT Earnings and Revenue Growth as at Jun 2024
ENXTAM:BFIT Earnings and Revenue Growth as at Jun 2024

Envipco Holding

Simply Wall St Growth Rating: ★★★★★☆

Overview: Envipco Holding N.V. specializes in the design, development, manufacture, and sale or lease of reverse vending machines for recycling used beverage containers, primarily operating in the Netherlands, North America, and Europe with a market capitalization of approximately €351.91 million.

Operations: The company primarily generates revenue through the design, development, manufacture, and sale or lease of reverse vending machines in the Netherlands, North America, and Europe.

Insider Ownership: 15.6%

Envipco Holding N.V. has transitioned to profitability this year, showcasing a robust financial turnaround with first-quarter sales jumping to €27.44 million from €10.41 million the previous year, and net income reaching €0.147 million compared to a loss of €2.57 million. Despite its highly volatile share price, Envipco's future looks promising with earnings expected to surge by 68.9% annually over the next three years, significantly outpacing the Dutch market's growth forecast of 16.2% per year.

ENXTAM:ENVI Ownership Breakdown as at Jun 2024
ENXTAM:ENVI Ownership Breakdown as at Jun 2024

MotorK

Simply Wall St Growth Rating: ★★★★★☆

Overview: MotorK plc operates as a software-as-a-service provider for the automotive retail industry across Italy, Spain, France, Germany, and the Benelux Union, with a market capitalization of approximately €273.01 million.

Operations: The company generates revenue primarily through its software and programming segment, which amounted to €42.94 million.

Insider Ownership: 35.8%

MotorK plc, despite a slight dip in first-quarter revenue to €11.25 million from €11.43 million year-over-year, is poised for substantial growth with expected annual revenue increases of 24%, outstripping the Dutch market's 9.4%. The company recently saw executive changes, including the election of Helen Protopapas as a new director. While shareholder dilution occurred over the past year, MotorK's earnings are projected to grow impressively by 105.85% annually, signaling strong future profitability within three years.

ENXTAM:MTRK Ownership Breakdown as at Jun 2024
ENXTAM:MTRK Ownership Breakdown as at Jun 2024

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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 ENXTAM:BFIT ENXTAM:ENVI and ENXTAM:MTRK.

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