ASX Growth Companies With High Insider Ownership For September 2024

The Australian market has climbed 1.4% in the last 7 days and is up 15% over the last 12 months, with earnings forecast to grow by 12% annually. In this environment, growth companies with high insider ownership can be particularly attractive as they often signal strong confidence from those closest to the business.

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%
AVA Risk Group (ASX:AVA)	15.7%	118.8%
Pointerra (ASX:3DP)	18.7%	126.4%
Liontown Resources (ASX:LTR)	16.4%	69.4%
Hillgrove Resources (ASX:HGO)	10.4%	70.9%
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 100 stocks from our Fast Growing ASX Companies With High Insider Ownership screener.

We're going to check out a few of the best picks from our screener tool.

Cettire (ASX:CTT)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Cettire Limited operates as an online luxury goods retailer in Australia, the United States, and internationally, with a market cap of A$900 million.

Operations: Cettire Limited generates revenue primarily through online retail sales, amounting to A$742.26 million.

Insider Ownership: 34.1%

Cettire shows strong growth potential with high insider ownership and no substantial insider selling in the past three months. Revenue is forecast to grow 16.1% annually, outpacing the Australian market's 5.4%. Earnings are expected to rise by 29% per year, though profit margins have decreased from 3.8% to 1.4%. Recent board appointments of experienced executives Caroline Elliott and Jon Gidney aim to bolster governance and strategic oversight amid this growth trajectory.

• Delve into the full analysis future growth report here for a deeper understanding of Cettire.
• Our expertly prepared valuation report Cettire implies its share price may be too high.

Flight Centre Travel Group (ASX:FLT)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Flight Centre Travel Group Limited offers travel retailing services for both leisure and corporate sectors across multiple regions including Australia, New Zealand, the Americas, Europe, the Middle East, Africa, Asia, and internationally with a market cap of A$4.82 billion.

Operations: The company generates revenue from two primary segments: A$1.35 billion from leisure travel services and A$1.11 billion from corporate travel services.

Insider Ownership: 13.5%

Flight Centre Travel Group has demonstrated substantial growth with high insider ownership. The company reported a significant increase in net income, rising from A$47 million to A$139 million year-on-year, and basic earnings per share improving from A$0.231 to A$0.637. Despite a forecasted revenue growth of 8% annually, which is slower than some peers, its earnings are expected to grow at 19.7% per year, outpacing the broader Australian market's 12.3%. Recent strategic moves include seeking acquisitions and investments to double Cruise & Touring sales, supported by strong cash reserves for reinvestment and M&A opportunities.

• Take a closer look at Flight Centre Travel Group's potential here in our earnings growth report.
• The analysis detailed in our Flight Centre Travel Group valuation report hints at an inflated share price compared to its estimated value.

Mineral Resources (ASX:MIN)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Mineral Resources Limited, with a market cap of A$7.64 billion, operates as a mining services company in Australia, Asia, and internationally through its subsidiaries.

Operations: The company's revenue segments 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 has high insider ownership and is positioned for significant earnings growth, forecasted at 38.3% annually, outpacing the Australian market's 12.3%. Despite a decline in net income from A$243 million to A$125 million and lower profit margins year-on-year, the company trades at 61.6% below its fair value estimate. Recent earnings results show revenue growth from A$4.78 billion to A$5.28 billion, with insiders buying more shares than selling in the past three months.

• Get an in-depth perspective on Mineral Resources' performance by reading our analyst estimates report here.
• In light of our recent valuation report, it seems possible that Mineral Resources is trading beyond its estimated value.

Turning Ideas Into Actions

• Unlock more gems! Our Fast Growing ASX Companies With High Insider Ownership screener has unearthed 97 more companies for you to explore.Click here to unveil our expertly curated list of 100 Fast Growing ASX Companies With High Insider Ownership.
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• Discover a world of investment opportunities with Simply Wall St's free app and access unparalleled stock analysis across all markets.

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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