Stock Analysis

ASX Growth Companies With High Insider Ownership

ASX:ABB
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The Australian market has experienced mixed performance, with the ASX200 down 0.3% at 7,988 points in early afternoon trade while sectors such as Materials and Real Estate show positive movement. In this fluctuating environment, identifying growth companies with high insider ownership can be crucial for investors seeking stability and potential upside, as these stocks often reflect strong internal confidence and alignment with shareholder interests.

Top 10 Growth Companies With High Insider Ownership In Australia

NameInsider OwnershipEarnings Growth
Hartshead Resources (ASX:HHR)13.9%102.6%
Clinuvel Pharmaceuticals (ASX:CUV)13.6%27.4%
Catalyst Metals (ASX:CYL)17%61.8%
AVA Risk Group (ASX:AVA)15.7%118.8%
Pointerra (ASX:3DP)18.7%126.4%
Acrux (ASX:ACR)14.6%91.6%
Hillgrove Resources (ASX:HGO)10.4%70.5%
Adveritas (ASX:AV1)21.1%144.2%
Liontown Resources (ASX:LTR)16.4%69.7%
Plenti Group (ASX:PLT)12.8%106.4%

Click here to see the full list of 97 stocks from our Fast Growing ASX Companies With High Insider Ownership screener.

Underneath we present a selection of stocks filtered out by our screen.

Alpha HPA (ASX:A4N)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Alpha HPA Limited is a specialty metals and technology company with a market cap of A$1.02 billion.

Operations: Alpha HPA's revenue primarily comes from its HPA First Project, generating A$0.04 million.

Insider Ownership: 17.3%

Earnings Growth Forecast: 44.7% p.a.

Alpha HPA, with significant insider ownership, is forecast to achieve high revenue growth at 96.8% per year and become profitable within three years. Despite recent shareholder dilution and a net loss of A$24.98 million for the fiscal year ending June 2024, the company’s earnings are expected to grow by 44.72% annually. Recent activities include presenting at the AusIMM Critical Minerals Conference and completing a follow-on equity offering of A$5.32 million in June 2024.

ASX:A4N Ownership Breakdown as at Sep 2024
ASX:A4N Ownership Breakdown as at Sep 2024

Aussie Broadband (ASX:ABB)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Aussie Broadband Limited, with a market cap of A$1.14 billion, provides telecommunications and technology services in Australia.

Operations: Aussie Broadband Limited generates revenue through its Business (A$96.97 million), Wholesale (A$159.73 million), Residential (A$585.07 million), Symbio Group (A$69.93 million), and Enterprise and Government (A$88.04 million) segments in Australia.

Insider Ownership: 10.8%

Earnings Growth Forecast: 27.3% p.a.

Aussie Broadband, with substantial insider ownership, is forecast to grow its revenue by 9.6% annually and earnings by 27.3% per year, outpacing the Australian market. Despite past shareholder dilution and low future return on equity (10.8%), it trades at a significant discount to estimated fair value. Recent developments include appointing Andy Giles Knopp as Group CFO and announcing a fully franked dividend of A$0.04 per share for fiscal year 2024, with net income rising to A$26.38 million from A$21.72 million last year.

ASX:ABB Earnings and Revenue Growth as at Sep 2024
ASX:ABB Earnings and Revenue Growth as at Sep 2024

Nanosonics (ASX:NAN)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Nanosonics Limited is a global infection prevention company with a market cap of A$1.11 billion.

Operations: The company's revenue primarily comes from its Healthcare Equipment segment, generating A$170.01 million.

Insider Ownership: 15.1%

Earnings Growth Forecast: 23.2% p.a.

Nanosonics, a growth company with high insider ownership, reported A$170.01 million in sales for the fiscal year ending June 30, 2024, up from A$165.99 million last year. Despite a decline in net income to A$12.97 million from A$19.88 million, earnings are forecast to grow significantly at 23.2% annually over the next three years. Trading at 28.3% below estimated fair value and with revenue growth expected to outpace the Australian market, Nanosonics remains promising despite lower profit margins and return on equity forecasts (11.2%).

ASX:NAN Ownership Breakdown as at Sep 2024
ASX:NAN Ownership Breakdown as at Sep 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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