Stock Analysis

ASX Growth Companies With High Insider Ownership

ASX:TPW
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The ASX200 is set to gain more than half a percent, following US markets up as the S&P 500 and Nasdaq both extended their winning streak. Investors are optimistic, with all sectors closing in the green and attention turning to potential rate cuts from the Federal Reserve. In this buoyant market environment, growth companies with high insider ownership can be particularly attractive. These stocks often benefit from strong alignment between management and shareholders, which can drive long-term value creation.

Top 10 Growth Companies With High Insider Ownership In Australia

NameInsider OwnershipEarnings Growth
Hartshead Resources (ASX:HHR)13.9%102.6%
Cettire (ASX:CTT)28.7%26.7%
Acrux (ASX:ACR)14.6%115.6%
Clinuvel Pharmaceuticals (ASX:CUV)13.6%26.8%
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%

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.

PWR Holdings (ASX:PWH)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: PWR Holdings Limited designs, prototypes, produces, tests, validates, and sells cooling products and solutions internationally with a market cap of A$941.54 million.

Operations: The company's revenue segments include PWR C&R generating A$41.98 million and PWR Performance Products contributing A$111.26 million.

Insider Ownership: 13.4%

PWR Holdings reported strong earnings for the year ending June 30, 2024, with sales of A$97.53 million and net income of A$20.99 million, reflecting solid growth from the previous year. The company's earnings per share increased to A$0.2469. Forecasts indicate revenue and earnings growth above market averages at 13.2% and 15.6% per year respectively, while trading at a significant discount to its estimated fair value enhances its appeal as a growth company with high insider ownership in Australia.

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

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$7.37 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%

Technology One has demonstrated consistent growth, with revenue rising to A$240.83 million for H1 2024 from A$201.01 million a year prior and net income increasing to A$48 million. Forecasts suggest revenue growth of 11.5% annually, outpacing the Australian market average of 5.3%. The appointment of Paul Robson as Non-Executive Director highlights the company’s commitment to strategic transformation and operational efficiency, essential for sustaining its global SaaS platform expansion.

ASX:TNE Ownership Breakdown as at Aug 2024
ASX:TNE Ownership Breakdown as at Aug 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$1.40 billion.

Operations: The company generates A$497.84 million from the sale of furniture, homewares, and home improvement products in Australia.

Insider Ownership: 13.7%

Temple & Webster Group is poised for significant growth, with revenue expected to increase by 17.8% annually and earnings projected to grow by 46.8% per year, outpacing the broader Australian market. Recent executive changes include the appointment of Cameron Barnsley as CFO, bringing extensive financial services experience. The company has initiated a share buyback program worth A$30 million to manage capital effectively while retaining flexibility for future growth opportunities.

ASX:TPW Earnings and Revenue Growth as at Aug 2024
ASX:TPW Earnings and Revenue Growth as at Aug 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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