ASX Growth Companies With Up To 13% Insider Ownership

Amidst a fluctuating Australian market, with the ASX200 showing a slight downturn and sectors like Information Technology experiencing significant sell-offs, investors are closely monitoring economic indicators such as the recent unemployment data. In such an environment, growth companies with high insider ownership can be particularly appealing, as they often indicate confidence from those who know the company best.

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%
Liontown Resources (ASX:LTR)	16.4%	59.4%
Ora Banda Mining (ASX:OBM)	10.2%	96.2%
Biome Australia (ASX:BIO)	34.5%	114.4%
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 90 stocks from our Fast Growing ASX Companies With High Insider Ownership screener.

We'll examine a selection from our screener results.

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 various regions globally, with a market capitalization of approximately A$4.89 billion.

Operations: The company generates revenue primarily through 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%

Flight Centre Travel Group, with high insider ownership, shows promising financial dynamics despite not being the top growth company in Australia. The firm recently turned profitable and is trading at 28% below its estimated fair value. Expected to outpace the Australian market, FLT's revenue and earnings are forecasted to grow annually by 9.7% and 18.8%, respectively, surpassing the market's average of 5.3% for revenue and 13.4% for earnings growth. Return on Equity is also expected to be robust at 21.9% in three years.

• Click to explore a detailed breakdown of our findings in Flight Centre Travel Group's earnings growth report.
• Our expertly prepared valuation report Flight Centre Travel Group implies its share price may be lower than expected.

Mineral Resources (ASX:MIN)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Mineral Resources Limited is a diversified mining services company operating in Australia, Asia, and internationally, with a market capitalization of A$11.25 billion.

Operations: The company generates revenue from several key segments, including lithium (A$1.60 billion), iron ore (A$2.50 billion), and mining services (A$2.82 billion).

Insider Ownership: 11.6%

Mineral Resources, characterized by high insider ownership, is positioned below the top growth companies in Australia but still presents potential. Its earnings are projected to increase significantly at 30.9% annually, outpacing the Australian market's 13.4%. However, its revenue growth at 12.1% yearly is modest compared to some peers and profit margins have declined from last year's 16.3% to 7.9%. The stock is currently valued at A$40.8% under its estimated fair value, suggesting undervaluation despite financial strains indicated by poorly covered interest payments.

• Dive into the specifics of Mineral Resources here with our thorough growth forecast report.
• The analysis detailed in our Mineral Resources valuation report hints at an inflated share price compared to its estimated value.

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$835.94 million.

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

Insider Ownership: 10.2%

Ora Banda Mining, despite recent insider dilution, shows promise with its expected revenue growth at 45.2% annually and a forecast to turn profitable within three years. The company's return on equity is anticipated to be very high at 43.1%. However, it trades at 92.9% below its estimated fair value, highlighting potential undervaluation. The recent appointment of Kathryn Cutler as Non-executive Director could enhance exploration and resource development expertise.

• Delve into the full analysis future growth report here for a deeper understanding of Ora Banda Mining.
• In light of our recent valuation report, it seems possible that Ora Banda Mining is trading behind its estimated value.

Next Steps

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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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