Stock Analysis
TSX Growth Companies With High Insider Ownership And 130% Earnings Growth
Reviewed by Simply Wall St
As the Canadian market navigates through political changes and fluctuating bond yields, investors are reminded of the importance of focusing on fundamentals rather than headlines. In this environment, growth companies with high insider ownership can be particularly appealing, as they often indicate confidence from those closest to the business and potential resilience amidst market volatility.
Top 10 Growth Companies With High Insider Ownership In Canada
| Name | Insider Ownership | Earnings Growth |
| Propel Holdings (TSX:PRL) | 36.8% | 38.9% |
| Robex Resources (TSXV:RBX) | 28.2% | 130.7% |
| West Red Lake Gold Mines (TSXV:WRLG) | 13.4% | 77.6% |
| Almonty Industries (TSX:AII) | 17.7% | 43.9% |
| Alvopetro Energy (TSXV:ALV) | 19.4% | 33% |
| Aritzia (TSX:ATZ) | 16.1% | 44.9% |
| Enterprise Group (TSX:E) | 32.4% | 56.3% |
| Colliers International Group (TSX:CIGI) | 14.1% | 23.5% |
| Allied Gold (TSX:AAUC) | 22.8% | 81.6% |
| CHAR Technologies (TSXV:YES) | 10.8% | 58.3% |
We're going to check out a few of the best picks from our screener tool.
Stingray Group (TSX:RAY.A)
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Stingray Group Inc. is a global music, media, and technology company with a market cap of CA$502 million.
Operations: The company's revenue is primarily derived from its Broadcasting and Commercial Music segment, which generates CA$236.80 million, followed by the Radio segment with CA$129.80 million.
Insider Ownership: 25.6%
Earnings Growth Forecast: 81.5% p.a.
Stingray Group, a Canadian media company, is poised for growth despite some challenges. The firm is forecast to achieve above-average market profit growth within three years and trades significantly below its estimated fair value. However, revenue growth expectations lag behind the broader market. Recent strategic partnerships and product expansions, such as collaborations with Sony Honda Mobility and BYD for in-car entertainment services, highlight Stingray's innovation drive but are tempered by high debt levels and significant insider selling recently.
- Unlock comprehensive insights into our analysis of Stingray Group stock in this growth report.
- Our valuation report here indicates Stingray Group may be undervalued.
Vitalhub (TSX:VHI)
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Vitalhub Corp. offers technology solutions for health and human service providers across Canada, the United States, the United Kingdom, Australia, Western Asia, and other international markets, with a market cap of CA$580.91 million.
Operations: Revenue segments for Vitalhub Corp. include Healthcare Software, generating CA$61.61 million.
Insider Ownership: 14.7%
Earnings Growth Forecast: 111.9% p.a.
Vitalhub is positioned for substantial growth, with earnings projected to increase significantly above the Canadian market average. Despite recent shareholder dilution, the company trades well below its estimated fair value. Recent developments include a CAD 30 million equity offering and expanded credit facilities, enhancing financial flexibility. Vitalhub's SHREWD platform implementation in healthcare systems like NHS England underscores its innovative solutions in patient flow management, although recent earnings show a decline in net income compared to last year.
- Navigate through the intricacies of Vitalhub with our comprehensive analyst estimates report here.
- According our valuation report, there's an indication that Vitalhub's share price might be on the expensive side.
Robex Resources (TSXV:RBX)
Simply Wall St Growth Rating: ★★★★★★
Overview: Robex Resources Inc. is involved in the exploration, development, and production of gold in West Africa, with a market cap of CA$362.76 million.
Operations: The company's revenue is primarily derived from its mining operations focused on gold, generating CA$152.71 million.
Insider Ownership: 28.2%
Earnings Growth Forecast: 130.7% p.a.
Robex Resources demonstrates potential for growth with revenue expected to expand significantly faster than the Canadian market. Despite past shareholder dilution, it trades at a substantial discount to its estimated fair value and shows good relative value compared to peers. Recent earnings reveal strong third-quarter performance with net income rising sharply year-over-year, although nine-month results show a net loss. The company is forecasted to achieve profitability within three years, aligning with high expected annual profit growth.
- Delve into the full analysis future growth report here for a deeper understanding of Robex Resources.
- According our valuation report, there's an indication that Robex Resources' share price might be on the cheaper side.
Summing It All Up
- Click through to start exploring the rest of the 31 Fast Growing TSX Companies With High Insider Ownership now.
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Seeking Other Investments?
- Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
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- 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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About TSX:RAY.A
Stingray Group
Operates as a music, media, and technology company worldwide.
