Stock Analysis
3 ASX Growth Companies With High Insider Ownership And Up To 18% Revenue Growth
Reviewed by Simply Wall St
The ASX200 is set to fall 0.43% on Friday, influenced by rising yields and mixed economic data from the US, while investors await a speech by Federal Reserve chair Jerome Powell at the Jackson Hole symposium. Despite these market fluctuations, growth companies with high insider ownership can offer stability and potential for significant revenue growth in uncertain times.
Top 10 Growth Companies With High Insider Ownership In Australia
Name | Insider Ownership | Earnings Growth |
Hartshead Resources (ASX:HHR) | 13.9% | 102.6% |
Cettire (ASX:CTT) | 28.7% | 26.7% |
Clinuvel Pharmaceuticals (ASX:CUV) | 13.6% | 27% |
Acrux (ASX:ACR) | 14.6% | 115.6% |
Liontown Resources (ASX:LTR) | 16.4% | 69.7% |
Catalyst Metals (ASX:CYL) | 17.5% | 75.7% |
Hillgrove Resources (ASX:HGO) | 10.4% | 49.4% |
Adveritas (ASX:AV1) | 21.1% | 103.9% |
Plenti Group (ASX:PLT) | 12.8% | 106.4% |
Change Financial (ASX:CCA) | 26.6% | 77.9% |
Let's dive into some prime choices out of the screener.
Emerald Resources (ASX:EMR)
Simply Wall St Growth Rating: ★★★★★☆
Overview: Emerald Resources NL focuses on the exploration and development of mineral reserves in Cambodia and Australia, with a market cap of A$2.66 billion.
Operations: Emerald Resources NL generates revenue primarily from its mine operations, amounting to A$339.32 million.
Insider Ownership: 18.4%
Revenue Growth Forecast: 18.5% p.a.
Emerald Resources, a growth company with significant insider ownership, is forecast to see revenue grow at 18.5% per year and earnings at 20.1% per year, both outpacing the Australian market averages. Despite trading at a substantial discount to its estimated fair value and achieving a 53.4% earnings growth over the past year, shareholders have faced dilution recently. The company has actively participated in recent industry conferences, highlighting its commitment to investor engagement and transparency.
- Delve into the full analysis future growth report here for a deeper understanding of Emerald Resources.
- According our valuation report, there's an indication that Emerald Resources' share price might be on the cheaper side.
Mineral Resources (ASX:MIN)
Simply Wall St Growth Rating: ★★★★★☆
Overview: Mineral Resources Limited, with a market cap of A$9.07 billion, operates as a mining services company in Australia, Asia, and internationally through its subsidiaries.
Operations: Mineral Resources Limited generates revenue from three primary segments: Lithium (A$1.60 billion), Iron Ore (A$2.50 billion), and Mining Services (A$2.82 billion).
Insider Ownership: 11.6%
Revenue Growth Forecast: 10.7% p.a.
Mineral Resources is trading at 64.8% below its estimated fair value and is expected to see significant earnings growth of 23.09% per year, outpacing the Australian market's 13.3%. Despite slower revenue growth at 10.7%, it remains above the market average of 5.4%. The company has a high forecasted Return on Equity of 24.9% in three years, though profit margins have declined from last year's figures, and interest payments are not well covered by earnings.
- Take a closer look at Mineral Resources' potential here in our earnings growth report.
- The analysis detailed in our Mineral Resources valuation report hints at an inflated share price compared to its estimated value.
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$7.58 billion.
Operations: The company's revenue segments are comprised of Software (A$317.24 million), Corporate (A$83.83 million), and Consulting (A$68.13 million).
Insider Ownership: 12.3%
Revenue Growth Forecast: 11.5% p.a.
Technology One's revenue is forecast to grow 11.5% annually, outpacing the Australian market's 5.4%. Earnings are expected to increase by 14.79% per year, also above the market average of 13.3%. Recent developments include Paul Robson joining as an independent Non-Executive Director, bringing expertise in SaaS businesses and strategic transformation from his tenure at Adobe. The company’s Return on Equity is projected to be high at 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.
Summing It All Up
- Gain an insight into the universe of 89 Fast Growing ASX Companies With High Insider Ownership by clicking here.
- Are you invested in these stocks already? Keep abreast of every twist and turn by setting up a portfolio with Simply Wall St, where we make it simple for investors like you to stay informed and proactive.
- Join a community of smart investors by using Simply Wall St. It's free and delivers expert-level analysis on worldwide markets.
Ready To Venture Into Other Investment Styles?
- 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.
Valuation is complex, but we're here to simplify it.
Discover if Technology One might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
Access Free AnalysisHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
About ASX:TNE
Technology One
Develops, markets, sells, implements, and supports integrated enterprise business software solutions in Australia and internationally.