TSX Growth Companies With High Insider Ownership And Up To 38% Earnings Growth

Despite a flat performance over the last week, the Canadian market has shown robust growth, up 11% over the past year with earnings forecasted to grow by 15% annually. In this context, stocks with high insider ownership can be particularly compelling as they often signal strong confidence from those who know the company best.

Top 10 Growth Companies With High Insider Ownership In Canada

Name	Insider Ownership	Earnings Growth
Vox Royalty (TSX:VOXR)	12.6%	55.0%
goeasy (TSX:GSY)	21.5%	15.5%
Payfare (TSX:PAY)	14.8%	38.6%
Allied Gold (TSX:AAUC)	22.5%	68.4%
Ivanhoe Mines (TSX:IVN)	12.4%	67.2%
Alpha Cognition (CNSX:ACOG)	18%	66.5%
Aya Gold & Silver (TSX:AYA)	10.3%	68.5%
Artemis Gold (TSXV:ARTG)	31.4%	45.6%
Magna Mining (TSXV:NICU)	10.6%	95.1%
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.

We're going to check out a few of the best picks from our screener tool.

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 across the Americas, Europe, the Middle East, Africa, and Asia Pacific with a market capitalization of approximately CA$9.01 billion.

Operations: The revenue segments for this global commercial real estate provider are distributed as follows: CA$2.53 billion from the Americas, CA$616.58 million from the Asia Pacific, CA$489.23 million from Investment Management, and CA$730.10 million from Europe, the Middle East & Africa (EMEA).

Insider Ownership: 14.2%

Earnings Growth Forecast: 38.3% p.a.

Colliers International Group, despite not having significant insider purchases recently, has shown robust growth with earnings increasing by 119.8% over the past year and is projected to grow at 38.34% annually. Trading at 51.3% below its estimated fair value, it offers potential upside though it faces challenges like shareholder dilution and debt not well covered by operating cash flow. Recent strategic expansions into Europe through a partnership with SPGI Zurich AG could bolster its EMEA presence further.

• Navigate through the intricacies of Colliers International Group with our comprehensive analyst estimates report here.
• The analysis detailed in our Colliers International Group valuation report hints at an inflated share price compared to its estimated value.

goeasy (TSX:GSY)

Simply Wall St Growth Rating: ★★★★★☆

Overview: goeasy Ltd. operates in Canada, offering non-prime leasing and lending services through its easyhome, easyfinancial, and LendCare brands, with a market capitalization of approximately CA$3.15 billion.

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

Insider Ownership: 21.5%

Earnings Growth Forecast: 15.5% p.a.

goeasy Ltd. has demonstrated strong growth with a 54.3% earnings increase over the past year and is forecasted to grow at 15.53% annually, outpacing the Canadian market's 14.8%. Despite challenges like dividends not well covered by free cash flows, insider activities show more buying than selling recently, indicating confidence from those within the company. Additionally, goeasy's recent debt financing of US$200 million for general corporate purposes reflects its proactive approach to managing capital needs and growth ambitions.

• Delve into the full analysis future growth report here for a deeper understanding of goeasy.
• The valuation report we've compiled suggests that goeasy's current price could be quite moderate.

Savaria (TSX:SIS)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Savaria Corporation operates in the accessibility solutions sector, offering products and services for the elderly and physically challenged across Canada, the United States, Europe, and internationally, with a market capitalization of approximately CA$1.34 billion.

Operations: The company generates CA$183.82 million in revenue from its Patient Care segment.

Insider Ownership: 19.6%

Earnings Growth Forecast: 24.9% p.a.

Savaria, a Canadian growth company with high insider ownership, has shown promising financial performance with a recent report of significant earnings growth. Despite trading at 59.8% below its estimated fair value and experiencing some shareholder dilution over the past year, Savaria maintains an attractive dividend yield of 2.73%. The company's forecasted revenue growth is modest at 7.4% annually, slightly outpacing the broader Canadian market's 7.3%. However, its earnings are expected to grow by an impressive 24.87% per year, reflecting strong future potential despite recent substantial insider selling.

• Click to explore a detailed breakdown of our findings in Savaria's earnings growth report.
• Upon reviewing our latest valuation report, Savaria's share price might be too optimistic.

Make It Happen

• Reveal the 29 hidden gems among our Fast Growing TSX Companies With High Insider Ownership screener with a single click here.
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Looking For Alternative Opportunities?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
• Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence.
• 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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