Stock Analysis

ASX Growth Leaders With High Insider Ownership And Up To 43% ROE

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The Australian stock market has recently reached a new all-time high, reflecting robust investor confidence and optimism across various sectors. Amidst this buoyant market environment, companies with high insider ownership can be particularly appealing as they often signal strong alignment between management's interests and shareholder values.

Top 10 Growth Companies With High Insider Ownership In Australia

NameInsider OwnershipEarnings Growth
Cettire (ASX:CTT)28.7%26.7%
Acrux (ASX:ACR)14.6%115.3%
Clinuvel Pharmaceuticals (ASX:CUV)13.6%26.7%
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%45.4%
Change Financial (ASX:CCA)26.6%76.4%

Click here to see the full list of 91 stocks from our Fast Growing ASX Companies With High Insider Ownership screener.

Below we spotlight a couple of our favorites from our exclusive screener.

Emerald Resources (ASX:EMR)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Emerald Resources NL is a company focused on the exploration and development of mineral reserves in Cambodia and Australia, with a market capitalization of approximately A$2.64 billion.

Operations: The company generates revenue primarily from mine operations, totaling A$339.32 million.

Insider Ownership: 18.5%

Return On Equity Forecast: 21% (2026 estimate)

Emerald Resources has demonstrated robust growth, with earnings increasing by 53.4% last year. Looking ahead, the company's earnings are expected to rise by 19.6% annually, outpacing the Australian market forecast of 12.9%. Similarly, revenue growth projections stand at 18.6% per year, again exceeding the general market's expectation of 5.3%. However, it's important to note that shareholder equity has been diluted over the past year despite these positive trends.

ASX:EMR Earnings and Revenue Growth as at Jul 2024

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$789.50 million.

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

Insider Ownership: 10.2%

Return On Equity Forecast: 43% (2026 estimate)

Ora Banda Mining, with substantial insider ownership, is poised for significant growth. The company's revenue is projected to increase by 45.2% annually, outstripping the Australian market average of 5.3%. Additionally, Ora Banda is expected to turn profitable within three years, with earnings forecasted to surge by 96.22% per year. However, shareholder dilution has occurred over the past year. The recent appointment of Kathryn Cutler as a Non-executive Director adds valuable expertise in mineral exploration and resource development.

ASX:OBM Earnings and Revenue Growth as at Jul 2024

Vulcan Steel (ASX:VSL)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Vulcan Steel Limited operates in New Zealand and Australia, focusing on the sale and distribution of steel and metal products, with a market capitalization of approximately A$839.70 million.

Operations: The company generates revenue through two primary segments: Metals, which contributes NZ$638.86 million, and Wholesale - Miscellaneous, contributing NZ$532.02 million.

Insider Ownership: 34.5%

Return On Equity Forecast: 39% (2026 estimate)

Vulcan Steel, with high insider ownership, is trading slightly below its fair value, offering potential upside. Analysts anticipate a robust annual earnings growth of 24.92%, outperforming the Australian market forecast of 12.9%. However, its revenue growth at 2.3% per year lags behind the market's 5.3%. Vulcan faces challenges with a high debt level and lower profit margins compared to last year, alongside a dividend that is poorly covered by earnings.

ASX:VSL Earnings and Revenue Growth as at Jul 2024

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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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