- Australia
- /
- Metals and Mining
- /
- ASX:CMM
ASX Growth Companies With High Insider Ownership To Watch
Reviewed by Simply Wall St
The ASX200 has recently reached a new all-time high, touching 8,148 points before settling at 8,144 points, reflecting a positive sentiment across most sectors. With the odds of a significant rate cut by the US Fed increasing and local sectors like Real Estate and IT performing well, it's an opportune time to explore growth companies with high insider ownership. High insider ownership often signals strong confidence from those closest to the company's operations and future prospects.
Top 10 Growth Companies With High Insider Ownership In Australia
Name | Insider Ownership | Earnings Growth |
Clinuvel Pharmaceuticals (ASX:CUV) | 10.4% | 27.4% |
Catalyst Metals (ASX:CYL) | 17% | 54.5% |
Genmin (ASX:GEN) | 12% | 117.7% |
Hillgrove Resources (ASX:HGO) | 10.4% | 70.9% |
AVA Risk Group (ASX:AVA) | 15.7% | 118.8% |
Pointerra (ASX:3DP) | 18.7% | 126.4% |
Liontown Resources (ASX:LTR) | 16.4% | 69.4% |
Acrux (ASX:ACR) | 17.4% | 91.6% |
Adveritas (ASX:AV1) | 21.1% | 144.2% |
Plenti Group (ASX:PLT) | 12.8% | 106.4% |
Here's a peek at a few of the choices from the screener.
Capricorn Metals (ASX:CMM)
Simply Wall St Growth Rating: ★★★★★☆
Overview: Capricorn Metals Ltd is involved in the evaluation, exploration, development, and production of gold properties in Australia with a market cap of A$2.35 billion.
Operations: The company's revenue primarily comes from its Karlawinda segment, which generated A$359.73 million.
Insider Ownership: 11.9%
Earnings Growth Forecast: 20.2% p.a.
Capricorn Metals demonstrates strong growth potential with high insider ownership. The company's earnings surged by 1880.9% last year, and future earnings are forecasted to grow significantly above the market average at 20.2% annually. Recent updates include a major expansion study at the Karlawinda Gold Project, which could increase throughput by up to 55%. Capricorn's revenue for the past fiscal year was A$359.83 million, and net income rose sharply to A$87.14 million from A$4.4 million previously.
- Dive into the specifics of Capricorn Metals here with our thorough growth forecast report.
- Our valuation report here indicates Capricorn Metals may be overvalued.
Mineral Resources (ASX:MIN)
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Mineral Resources Limited, with a market cap of A$7.46 billion, operates as a mining services company in Australia, Asia, and internationally through its subsidiaries.
Operations: The company's revenue segments include A$16 million from Energy, A$1.41 billion from Lithium, A$2.58 billion from Iron Ore, and A$3.38 billion from Mining Services, along with A$19 million from Other Commodities.
Insider Ownership: 11.7%
Earnings Growth Forecast: 38.7% p.a.
Mineral Resources shows strong growth potential with high insider ownership. The company reported A$5.28 billion in sales for the fiscal year ending June 30, 2024, up from A$4.78 billion a year ago, although net income fell to A$125 million from A$243 million. Earnings are forecasted to grow significantly at 38.7% annually over the next three years, outpacing market averages. Insiders have been buying shares recently, indicating confidence despite lower profit margins and interest coverage concerns.
- Unlock comprehensive insights into our analysis of Mineral Resources stock in this growth report.
- Our valuation report unveils the possibility Mineral Resources' shares may be trading at a premium.
Technology One (ASX:TNE)
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Technology One Limited develops, markets, sells, implements, and supports integrated enterprise business software solutions in Australia and internationally with a market cap of A$7.55 billion.
Operations: The company's revenue segments comprise A$317.24 million from Software, A$83.83 million from Corporate, and A$68.13 million from Consulting.
Insider Ownership: 12.3%
Earnings Growth Forecast: 14.8% p.a.
Technology One's growth trajectory is supported by high insider ownership and strategic leadership changes. Recently, Paul Robson joined as an independent Non-Executive Director, bringing extensive SaaS expertise from his tenure at Adobe. Revenue is forecast to grow 11.5% annually, outpacing the Australian market's 5.3%, while earnings are expected to increase by 14.8% per year, surpassing the market average of 12.3%. Return on equity is projected to reach a robust 32.6% in three years.
- Click here to discover the nuances of Technology One with our detailed analytical future growth report.
- Insights from our recent valuation report point to the potential overvaluation of Technology One shares in the market.
Seize The Opportunity
- Dive into all 98 of the Fast Growing ASX Companies With High Insider Ownership we have identified here.
- Hold shares in these firms? Setup your portfolio in Simply Wall St to seamlessly track your investments and receive personalized updates on your portfolio's performance.
- Streamline your investment strategy with Simply Wall St's app for free and benefit from extensive research on stocks across all corners of the world.
Ready For A Different Approach?
- Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
- Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence.
- Find companies with promising cash flow potential yet trading below their fair value.
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.
New: AI Stock Screener & Alerts
Our new AI Stock Screener scans the market every day to uncover opportunities.
• Dividend Powerhouses (3%+ Yield)
• Undervalued Small Caps with Insider Buying
• High growth Tech and AI Companies
Or build your own from over 50 metrics.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
About ASX:CMM
Capricorn Metals
Engages in the evaluation, exploration, development, and production of gold properties in Australia.
Exceptional growth potential with outstanding track record.