ASX Growth Leaders With High Insider Ownership July 2024

The Australian market has shown robust growth, climbing 3.0% over the past week and achieving a 10% increase over the last year, with earnings expected to grow by 14% annually. In this environment, stocks with high insider ownership can be particularly appealing, as they often indicate that those who know the company best are betting on its success.

Top 10 Growth Companies With High Insider Ownership In Australia

Name	Insider Ownership	Earnings Growth
Cettire (ASX:CTT)	28.7%	26.7%
Acrux (ASX:ACR)	14.6%	115.3%
Clinuvel Pharmaceuticals (ASX:CUV)	13.6%	26.8%
Catalyst Metals (ASX:CYL)	17.1%	77.1%
Biome Australia (ASX:BIO)	34.5%	114.4%
Liontown Resources (ASX:LTR)	16.4%	59.4%
Ora Banda Mining (ASX:OBM)	10.2%	96.2%
Plenti Group (ASX:PLT)	12.8%	106.4%
Hillgrove Resources (ASX:HGO)	10.4%	109.4%
Change Financial (ASX:CCA)	26.6%	76.4%

Click here to see the full list of 89 stocks from our Fast Growing ASX Companies With High Insider Ownership screener.

We'll examine a selection from our screener results.

Capricorn Metals (ASX:CMM)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Capricorn Metals Ltd is an Australian company focused on the evaluation, exploration, development, and production of gold properties, with a market capitalization of approximately A$2.05 billion.

Operations: The company generates revenue primarily from its Karlawinda project, totaling A$356.94 million.

Insider Ownership: 12.3%

Earnings Growth Forecast: 32% p.a.

Capricorn Metals, a growth-oriented company in Australia, has seen mixed insider activity with significant selling over the past three months. Despite this, its financial outlook remains robust with earnings expected to grow by 32% per year, outpacing the Australian market forecast of 13.9%. However, profit margins have declined from last year's 25.4% to 5.2%, influenced by large one-off items impacting results. Revenue growth is also strong at an annual rate of 14.4%, further bolstering its position as a high-growth entity with substantial future potential.

• Click here to discover the nuances of Capricorn Metals with our detailed analytical future growth report.
• The analysis detailed in our Capricorn Metals valuation report hints at an inflated share price compared to its estimated value.

Flight Centre Travel Group (ASX:FLT)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Flight Centre Travel Group Limited operates as a travel retailer serving both leisure and corporate sectors across Australia, New Zealand, the Americas, Europe, the Middle East, Africa, and Asia with a market cap of approximately A$4.88 billion.

Operations: Flight Centre's revenue is primarily generated from 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: 19.1% p.a.

Flight Centre Travel Group, recently profitable, is poised for continued growth. Its revenue is expected to increase by 9.7% annually, outpacing the Australian market's 5.3%. Earnings are also set to rise at a rate of 19.1% per year, surpassing the market average of 13.9%. Additionally, its Return on Equity is projected to reach a high of 21.9% in three years, and it trades at a significant discount of 28.1% below its estimated fair value.

• Get an in-depth perspective on Flight Centre Travel Group's performance by reading our analyst estimates report here.
• Our expertly prepared valuation report Flight Centre Travel Group implies its share price may be lower than expected.

Ora Banda Mining (ASX:OBM)

Simply Wall St Growth Rating: ★★★★★★

Overview: Ora Banda Mining Limited is an Australian company focused on the exploration, operation, and development of mineral properties, with a market capitalization of approximately A$826.65 million.

Operations: The company generates its revenue primarily from gold mining, totaling A$166.66 million.

Insider Ownership: 10.2%

Earnings Growth Forecast: 96.2% p.a.

Ora Banda Mining, expected to achieve profitability within three years, is forecasted to see substantial growth with earnings increasing by 96.22% annually and revenue growing at 45.2% per year—significantly above the Australian market's average. However, shareholder dilution occurred over the past year despite these positive projections. The company trades at a considerable discount, valued at 93% below its estimated fair value, and recently appointed Kathryn Cutler as an independent Non-executive Director, enhancing its expertise in mineral exploration and resource development.

• Dive into the specifics of Ora Banda Mining here with our thorough growth forecast report.
• Our valuation report here indicates Ora Banda Mining may be undervalued.

Turning Ideas Into Actions

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Curious About Other Options?

• 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.

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