Stock Analysis

3 ASX Growth Companies With Insider Ownership Up To 13%

ASX:TPW
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The ASX200 has been flat at 8,141 points, with sectors showing mixed performance amid ongoing monetary policy discussions in the US. In this environment of uncertainty, growth companies with high insider ownership can offer a degree of confidence to investors, as significant insider stakes often signal strong belief in the company's 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 99 stocks from our Fast Growing ASX Companies With High Insider Ownership screener.

We'll examine a selection from our screener results.

Mineral Resources (ASX:MIN)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Mineral Resources Limited, with a market cap of A$7.38 billion, operates as a mining services company in Australia, Asia, and internationally through its subsidiaries.

Operations: Revenue segments for the company include Energy (A$16 million), Lithium (A$1.41 billion), Iron Ore (A$2.58 billion), Mining Services (A$3.38 billion), and Other Commodities (A$19 million).

Insider Ownership: 11.7%

Mineral Resources Limited, a growth company with high insider ownership in Australia, reported A$5.28 billion in sales for the year ended June 30, 2024, up from A$4.78 billion the previous year. However, net income fell to A$125 million from A$243 million. Despite lower profit margins and earnings per share compared to last year, its earnings are forecasted to grow significantly at 38.65% annually over the next three years. Insiders have been buying shares recently without substantial selling activity.

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

PWR Holdings (ASX:PWH)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: PWR Holdings Limited designs, prototypes, produces, tests, validates, and sells cooling products and solutions globally with a market cap of A$899.33 million.

Operations: PWR Holdings generates revenue from two main segments: PWR C&R (A$41.98 million) and PWR Performance Products (A$111.26 million).

Insider Ownership: 13.2%

PWR Holdings reported full-year 2024 sales of A$97.53 million, up from A$80.87 million in 2023, with net income rising to A$20.99 million from A$17.4 million. Earnings per share increased to A$0.2469 from A$0.2167 last year. The company is trading below its estimated fair value and forecasts suggest earnings will grow at 15% annually, outpacing the Australian market's growth rate of 12.3%. Recent board changes include Jeff Forbes' retirement and Jason Conroy's appointment as Chairman of the Audit, Risk and Sustainability Committee.

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

Temple & Webster Group (ASX:TPW)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Temple & Webster Group Ltd (ASX:TPW) operates as an online retailer of furniture, homewares, and home improvement products in Australia with a market cap of A$1.37 billion.

Operations: The company generates revenue primarily from the sale of furniture, homewares, and home improvement products, amounting to A$497.84 million.

Insider Ownership: 12%

Temple & Webster Group's earnings are forecast to grow significantly at 39.8% per year, outpacing the Australian market's 12.3%. Despite revenue growth of A$497.8 million for FY2024, up from A$395.5 million, net income dropped to A$1.8 million from A$8.3 million due to lower profit margins and large one-off items. The company recently appointed Cameron Barnsley as CFO, bringing extensive financial services experience from Morgan Stanley’s technology and ecommerce sectors globally.

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

Key Takeaways

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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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