Advertisement
Canada markets open in 8 hours 5 minutes
  • S&P/TSX

    21,953.80
    +78.01 (+0.36%)
     
  • S&P 500

    5,509.01
    +33.92 (+0.62%)
     
  • DOW

    39,331.85
    +162.33 (+0.41%)
     
  • CAD/USD

    0.7310
    -0.0000 (-0.01%)
     
  • CRUDE OIL

    83.19
    +0.38 (+0.46%)
     
  • Bitcoin CAD

    83,276.01
    -2,902.01 (-3.37%)
     
  • CMC Crypto 200

    1,310.82
    -33.68 (-2.51%)
     
  • GOLD FUTURES

    2,344.00
    +10.60 (+0.45%)
     
  • RUSSELL 2000

    2,033.87
    +3.81 (+0.19%)
     
  • 10-Yr Bond

    4.4360
    -0.0430 (-0.96%)
     
  • NASDAQ futures

    20,244.25
    -11.00 (-0.05%)
     
  • VOLATILITY

    12.03
    -0.19 (-1.55%)
     
  • FTSE

    8,121.20
    -45.56 (-0.56%)
     
  • NIKKEI 225

    40,537.64
    +462.95 (+1.16%)
     
  • CAD/EUR

    0.6804
    +0.0004 (+0.06%)
     

May 2024's Top German Growth Companies With High Insider Ownership

As of May 2024, the German market exhibits a relatively stable performance amidst fluctuating global economic conditions. This backdrop provides an interesting context for evaluating growth companies in Germany, particularly those with high insider ownership which often signals strong confidence in the company's future from those who know it best.

Top 10 Growth Companies With High Insider Ownership In Germany

Name

Insider Ownership

Earnings Growth

pferdewetten.de (XTRA:EMH)

26.8%

73.5%

Deutsche Beteiligungs (XTRA:DBAN)

35.3%

31.6%

YOC (XTRA:YOC)

24.8%

22.2%

NAGA Group (XTRA:N4G)

14.1%

58.1%

Exasol (XTRA:EXL)

25.3%

107.4%

Alelion Energy Systems (DB:2FZ)

37.4%

106.6%

Stratec (XTRA:SBS)

30.9%

22%

elumeo (XTRA:ELB)

25.8%

99.1%

Friedrich Vorwerk Group (XTRA:VH2)

18%

29.9%

Redcare Pharmacy (XTRA:RDC)

17.7%

46.9%

Click here to see the full list of 16 stocks from our Fast Growing German Companies With High Insider Ownership screener.

ADVERTISEMENT

Let's review some notable picks from our screened stocks.

Brockhaus Technologies

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Brockhaus Technologies AG operates as a private equity firm and has a market capitalization of approximately €292.53 million.

Operations: The firm functions in the private equity sector and holds a market capitalization of roughly €292.53 million.

Insider Ownership: 26.6%

Brockhaus Technologies, a growth-oriented company in Germany with high insider ownership, reported an increase in sales to €39.85 million and revenue to €39.97 million for Q1 2024 but faced a net loss of €1.38 million, widening from the previous year. Despite recent losses, including a significant drop from 2023's net income, the company anticipates strong revenue growth between €220 million and €240 million for 2024—a substantial increase reflecting its growth potential. Moreover, Brockhaus plans to initiate dividend payments, suggesting confidence in its financial health and future prospects.

XTRA:BKHT Ownership Breakdown as at May 2024
XTRA:BKHT Ownership Breakdown as at May 2024

Redcare Pharmacy

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Redcare Pharmacy NV is an online pharmacy operating in the Netherlands, Germany, Italy, Belgium, Switzerland, Austria, and France with a market capitalization of €2.35 billion.

Operations: The company generates €1.62 billion from its DACH region operations and €0.37 billion internationally.

Insider Ownership: 17.7%

Redcare Pharmacy, a German growth company with high insider ownership, reported a significant sales increase in Q1 2024 to €560.22 million from €372.05 million the previous year, reducing its net loss to €7.81 million from €10.22 million. Despite a forecasted low return on equity of 12.9% in three years and recent shareholder dilution, Redcare anticipates robust annual revenue growth at 17%, outpacing the German market's 5.1%. The firm is also expected to turn profitable within three years, with earnings projected to grow by nearly 47% annually.

XTRA:RDC Ownership Breakdown as at May 2024
XTRA:RDC Ownership Breakdown as at May 2024

Zalando

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Zalando SE is an online retailer specializing in fashion and lifestyle products, with a market capitalization of approximately €6.26 billion.

Operations: The company generates €10.40 billion from its online fashion and lifestyle platform.

Insider Ownership: 10.3%

Zalando SE, a German growth company with substantial insider ownership, experienced an earnings surge of 184.3% last year. Despite its highly volatile share price recently, it's trading at 48.7% below estimated fair value. While its revenue growth forecast of 5.5% per year slightly outpaces the German market's 5.1%, this is modest compared to other growth metrics. The firm anticipates sales and gross merchandise volume to grow up to 5% in 2024, aligning with recent guidance confirming operating profit expectations.

XTRA:ZAL Ownership Breakdown as at May 2024
XTRA:ZAL Ownership Breakdown as at May 2024

Summing It All Up

Seeking Other Investments?

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 XTRA:BKHT XTRA:RDC and XTRA:ZAL.

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