Stock Analysis

ASX Growth Companies With High Insider Ownership To Watch

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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

NameInsider OwnershipEarnings 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%

Click here to see the full list of 98 stocks from our Fast Growing ASX Companies With High Insider Ownership screener.

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.

ASX:CMM Ownership Breakdown as at Sep 2024

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.

ASX:MIN Earnings and Revenue Growth as at Sep 2024

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.

ASX:TNE 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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