Stock Analysis

TSX Growth Companies With High Insider Ownership And A Minimum 15% Earnings Growth

TSX:GSY
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Over the past year, the Canadian market has shown a robust increase of 10%, maintaining stability in the last week. In this climate of anticipated annual earnings growth of 15%, stocks with high insider ownership can be particularly appealing, as they often reflect a commitment by those who know the company best.

Top 10 Growth Companies With High Insider Ownership In Canada

NameInsider OwnershipEarnings Growth
Vox Royalty (TSX:VOXR)12.6%55.0%
goeasy (TSX:GSY)21.5%15.5%
Payfare (TSX:PAY)14.8%38.6%
Aya Gold & Silver (TSX:AYA)10.3%51.6%
Allied Gold (TSX:AAUC)22.5%68.4%
Ivanhoe Mines (TSX:IVN)12.4%67.2%
Alpha Cognition (CNSX:ACOG)18%66.5%
Artemis Gold (TSXV:ARTG)31.4%45.6%
Silver X Mining (TSXV:AGX)14.1%144.2%
Almonty Industries (TSX:AII)17.7%105%

Click here to see the full list of 29 stocks from our Fast Growing TSX Companies With High Insider Ownership screener.

Here we highlight a subset of our preferred stocks from the screener.

Colliers International Group (TSX:CIGI)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Colliers International Group Inc. is a global commercial real estate and investment management services provider, operating in regions including the Americas, Europe, the Middle East, Africa, and Asia Pacific, with a market capitalization of approximately CA$9.01 billion.

Operations: The company generates revenue from several geographic segments: CA$2.53 billion in the Americas, CA$616.58 million in the Asia Pacific, CA$489.23 million from Investment Management services, and CA$730.10 million in Europe, the Middle East & Africa (EMEA).

Insider Ownership: 14.2%

Earnings Growth Forecast: 38.3% p.a.

Colliers International Group is enhancing its European operations by partnering with SPGI Zurich AG, aiming to strengthen its EMEA platform. This strategic move complements recent growth, evidenced by a 119.8% earnings increase over the past year and an anticipated 38.34% annual profit growth moving forward. However, challenges persist as the company's debt isn't well covered by operating cash flow, and recent substantial insider selling could signal caution despite ongoing expansions and partnerships.

TSX:CIGI Ownership Breakdown as at Jul 2024
TSX:CIGI Ownership Breakdown as at Jul 2024

goeasy (TSX:GSY)

Simply Wall St Growth Rating: ★★★★★☆

Overview: goeasy Ltd., operating under the easyhome, easyfinancial, and LendCare brands, offers non-prime leasing and lending services in Canada with a market cap of CA$3.15 billion.

Operations: The company generates revenue through its easyhome and easyfinancial segments, with CA$153.99 million from leasing services and CA$1.17 billion from lending services.

Insider Ownership: 21.5%

Earnings Growth Forecast: 15.5% p.a.

goeasy Ltd. is experiencing robust growth with revenue projected to increase by 32.2% annually, outpacing the Canadian market forecast of 7.3%. This growth is supported by a high return on equity expected at 24.2% in three years. However, challenges include a dividend coverage issue, as free cash flows do not adequately cover the 2.49% dividend yield, and recent substantial insider selling over the past three months raises concerns despite no significant insider purchases during the same period.

TSX:GSY Earnings and Revenue Growth as at Jul 2024
TSX:GSY Earnings and Revenue Growth as at Jul 2024

North American Construction Group (TSX:NOA)

Simply Wall St Growth Rating: ★★★★★☆

Overview: North American Construction Group Ltd. operates in the mining and heavy civil construction sectors across Australia, Canada, and the United States, with a market capitalization of CA$724.10 million.

Operations: The company generates its revenue by providing mining and heavy civil construction services in Australia, Canada, and the United States.

Insider Ownership: 11.5%

Earnings Growth Forecast: 31.4% p.a.

North American Construction Group has shown a promising financial trajectory with first-quarter sales rising to CA$297.03 million from CA$244.33 million year-over-year, despite a dip in net income and EPS. The company's revenue and earnings are forecasted to grow annually by 17.2% and 31.37%, respectively, outstripping broader Canadian market projections. High insider buying activity over the past three months underscores strong internal confidence, although concerns linger due to insufficient coverage of interest payments by earnings.

TSX:NOA Ownership Breakdown as at Jul 2024
TSX:NOA Ownership Breakdown 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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