Three ASX Growth Companies With High Insider Ownership And Earnings Growth Up To 27%
The Australian market has shown robust performance, climbing 11% over the past year with earnings projected to increase by 13% annually. In this context, stocks like those of growth companies with high insider ownership can be particularly compelling, as they often signal strong confidence from those most familiar with the company's prospects.
Top 10 Growth Companies With High Insider Ownership In Australia
Name | Insider Ownership | Earnings Growth |
Cettire (ASX:CTT) | 28.7% | 26.7% |
Clinuvel Pharmaceuticals (ASX:CUV) | 13.6% | 26.7% |
Acrux (ASX:ACR) | 14.6% | 115.3% |
Biome Australia (ASX:BIO) | 34.5% | 114.4% |
Liontown Resources (ASX:LTR) | 16.4% | 58.9% |
Ora Banda Mining (ASX:OBM) | 10.2% | 94.3% |
Plenti Group (ASX:PLT) | 12.8% | 106.4% |
Change Financial (ASX:CCA) | 26.6% | 76.4% |
Hillgrove Resources (ASX:HGO) | 10.4% | 45.4% |
Chrysos (ASX:C79) | 21.3% | 63.5% |
Here we highlight a subset of our preferred stocks from the screener.
Emerald Resources
Simply Wall St Growth Rating: ★★★★★☆
Overview: Emerald Resources NL is a company focused on the exploration and development of mineral reserves in Cambodia and Australia, with a market capitalization of approximately A$2.51 billion.
Operations: The company generates revenue primarily from mine operations, totaling approximately A$339.32 million.
Insider Ownership: 18.5%
Earnings Growth Forecast: 23.2% p.a.
Emerald Resources, an Australian growth company with significant insider ownership, shows promising financial forecasts despite some concerns. The company's earnings are expected to grow by 23.2% annually, outpacing the broader Australian market's 13% growth rate. Similarly, revenue is projected to increase by 18.6% per year, which also exceeds the national average of 5.3%. However, shareholder dilution over the past year and revenue growth not reaching the high benchmark of 20% per year temper these positives.
Flight Centre Travel Group
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Flight Centre Travel Group Limited operates as a travel retailer serving both leisure and corporate sectors across various regions including Australia, New Zealand, the Americas, Europe, the Middle East, Africa, and Asia with a market cap of approximately A$4.70 billion.
Operations: The company generates revenue primarily through its leisure and corporate travel services, with the leisure segment bringing in A$1.28 billion and the corporate segment contributing A$1.06 billion.
Insider Ownership: 13.3%
Earnings Growth Forecast: 18.8% p.a.
Flight Centre Travel Group, an Australian growth company with high insider ownership, is trading at 17.1% below its estimated fair value, indicating potential undervaluation. The company recently became profitable and is expected to see its earnings grow by 18.81% annually, outperforming the Australian market forecast of 13%. Additionally, revenue growth is anticipated at 9.7% per year, surpassing the national average of 5.3%. However, this revenue growth rate falls short of the high benchmark of 20% per year.
Mineral Resources
Simply Wall St Growth Rating: ★★★★★☆
Overview: Mineral Resources Limited is a mining services company operating in Australia, Asia, and internationally with a market capitalization of A$11.02 billion.
Operations: The company generates revenue from lithium (A$1.60 billion), iron ore (A$2.50 billion), and mining services (A$2.82 billion).
Insider Ownership: 11.6%
Earnings Growth Forecast: 27.2% p.a.
Mineral Resources, an Australian growth company with high insider ownership, is currently undervalued by 40.8%, suggesting a potential investment opportunity. Despite a decrease in net profit margin from last year, the company's earnings are expected to grow by 27.2% annually over the next three years, significantly outpacing the Australian market forecast of 13%. Revenue growth is also strong at 12.1% per year, exceeding the national average of 5.3%. However, interest payments are not well-covered by earnings, indicating some financial risk.
Key Takeaways
Dive into all 91 of the Fast Growing ASX Companies With High Insider Ownership we have identified here.
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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 ASX:EMRASX:FLT ASX:MIN and
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