Stock Analysis

ASX Growth Companies With High Insider Ownership And A Minimum 14% Earnings Growth

ASX:KLS
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As the ASX200 shows signs of recovery, buoyed by positive developments in global and domestic markets, investors are keenly observing trends that could indicate sustainable growth. In this context, growth companies with high insider ownership present a compelling narrative, as they often signal strong confidence from those closest to the company's operations and future prospects.

Top 10 Growth Companies With High Insider Ownership In Australia

NameInsider OwnershipEarnings Growth
Cettire (ASX:CTT)28.7%26.7%
Telix Pharmaceuticals (ASX:TLX)16.1%37.1%
Acrux (ASX:ACR)14.6%115.3%
Clinuvel Pharmaceuticals (ASX:CUV)13.6%26.8%
Hillgrove Resources (ASX:HGO)10.4%109.4%
Catalyst Metals (ASX:CYL)17.1%75.7%
Ora Banda Mining (ASX:OBM)10.2%106.8%
Liontown Resources (ASX:LTR)16.4%49.3%
Plenti Group (ASX:PLT)12.8%106.4%
Change Financial (ASX:CCA)26.6%76.4%

Click here to see the full list of 88 stocks from our Fast Growing ASX Companies With High Insider Ownership screener.

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

Chrysos (ASX:C79)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Chrysos Corporation Limited specializes in the development and supply of mining technology, with a market capitalization of approximately A$631.21 million.

Operations: The company generates its revenue primarily from mining services, totaling A$34.24 million.

Insider Ownership: 21.3%

Earnings Growth Forecast: 63.5% p.a.

Chrysos Corporation Limited, poised for significant growth, is forecasted to see its earnings expand by 63.48% annually. Despite recent shareholder dilution, the company's revenue growth at 35.3% per year outpaces the Australian market significantly. Insider activity presents a mixed picture with more substantial buying than selling over the past three months, aligning interests with shareholders. However, its projected Return on Equity remains low at 7.7%. Analysts remain optimistic about stock performance, anticipating a near 50% price increase.

ASX:C79 Ownership Breakdown as at Jul 2024
ASX:C79 Ownership Breakdown as at Jul 2024

Kelsian Group (ASX:KLS)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Kelsian Group Limited operates in providing land and marine transport and tourism services across Australia, the United States, Singapore, and the United Kingdom, with a market capitalization of approximately A$1.37 billion.

Operations: The company generates revenue through three primary segments: Australian Bus services contributing A$934.76 million, International Bus services at A$448.87 million, and Marine and Tourism activities accounting for A$337.90 million.

Insider Ownership: 20.9%

Earnings Growth Forecast: 25.5% p.a.

Kelsian Group is set to outperform the Australian market with its earnings growth forecasted at 25.5% annually, compared to the market's 13.3%. Revenue is also expected to slightly exceed market growth at 5.6% per year. Despite this, financial challenges persist as interest payments are poorly covered by earnings and profit margins have declined from last year. Insider buying trends are positive, showing more acquisitions than sales in recent months, though the stock trades below estimated fair value and analyst price targets suggest a potential increase of 39.9%.

ASX:KLS Ownership Breakdown as at Jul 2024
ASX:KLS Ownership Breakdown as at Jul 2024

Technology One (ASX:TNE)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Technology One Limited is a company that specializes in developing, marketing, selling, implementing, and supporting integrated enterprise business software solutions both in Australia and internationally, with a market capitalization of A$6.29 billion.

Operations: The company generates revenue through three primary segments: Software (A$317.24 million), Corporate (A$83.83 million), and Consulting (A$68.13 million).

Insider Ownership: 12.3%

Earnings Growth Forecast: 14.3% p.a.

Technology One, a software firm in Australia, is poised for robust growth with earnings expected to increase by 14.3% annually, outpacing the market's 13.3%. Its revenue growth forecast at 11.1% yearly also surpasses the Australian market average of 5.4%. Despite a high Price-To-Earnings ratio of A$57.30, it remains below the industry average. The recent appointment of Paul Robson as Non-Executive Director could further enhance strategic and operational capabilities, aligning with its growth trajectory.

ASX:TNE Earnings and Revenue Growth as at Jul 2024
ASX:TNE Earnings and Revenue Growth as at Jul 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.

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