Stock Analysis

3 TSX Growth Companies With High Insider Ownership And 12% Revenue Growth

TSX:TVK
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In the wake of a decisive U.S. election outcome, the Canadian market has seen renewed optimism, with the TSX reaching multiple record highs this year as investors anticipate potential policy shifts. In such an environment, growth companies with high insider ownership stand out as compelling opportunities; they often benefit from strong alignment between management and shareholders, which can be crucial for sustained revenue growth and navigating evolving market conditions.

Top 10 Growth Companies With High Insider Ownership In Canada

NameInsider OwnershipEarnings Growth
Vox Royalty (TSX:VOXR)11.8%69.3%
Almonty Industries (TSX:AII)17.7%117.6%
Enterprise Group (TSX:E)39.8%49.7%
VersaBank (TSX:VBNK)13.3%30.4%
Aritzia (TSX:ATZ)18.9%59.7%
Medicenna Therapeutics (TSX:MDNA)15.3%57.2%
Allied Gold (TSX:AAUC)17.7%71.8%
Vext Science (CNSX:VEXT)21.6%111.1%
ROK Resources (TSXV:ROK)16.9%163.8%
CHAR Technologies (TSXV:YES)11.7%58.3%

Click here to see the full list of 38 stocks from our Fast Growing TSX Companies With High Insider Ownership screener.

Let's uncover some gems from our specialized screener.

Aritzia (TSX:ATZ)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Aritzia Inc., along with its subsidiaries, designs, develops, and sells apparel and accessories for women in the United States and Canada, with a market cap of CA$5.14 billion.

Operations: The company's revenue is primarily generated from its apparel segment, which accounts for CA$2.45 billion.

Insider Ownership: 18.9%

Revenue Growth Forecast: 13.1% p.a.

Aritzia's growth prospects are supported by strong earnings forecasts, with earnings expected to grow significantly at 59.7% annually, outpacing the Canadian market's 17.5%. Despite trading at a substantial discount to its estimated fair value, insider ownership remains high without recent significant insider selling or buying. Recent guidance suggests revenue growth of 9% to 11% for fiscal year ending March 2025, while Q2 results showed improved sales and profitability compared to last year.

TSX:ATZ Ownership Breakdown as at Nov 2024
TSX:ATZ Ownership Breakdown as at Nov 2024

TerraVest Industries (TSX:TVK)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: TerraVest Industries Inc. manufactures and sells goods and services to the energy, agriculture, mining, transportation, and other markets in Canada and the United States with a market cap of CA$2.21 billion.

Operations: The company's revenue segments include CA$201.78 million from Service, CA$117.58 million from Processing Equipment, CA$243.77 million from Compressed Gas Equipment, and CA$292.90 million from HVAC and Containment Equipment.

Insider Ownership: 21.1%

Revenue Growth Forecast: 12.2% p.a.

TerraVest Industries demonstrates promising growth potential, with revenue forecasted to grow at 12.2% annually, exceeding the Canadian market's 6.9%. Earnings are projected to rise significantly by 21.1% per year, surpassing market expectations. Despite a high debt level and recent shareholder dilution, the stock trades below its estimated fair value. Recent earnings reports highlight substantial revenue and net income growth over the past year, while insider transactions show more buying than selling in recent months.

TSX:TVK Ownership Breakdown as at Nov 2024
TSX:TVK Ownership Breakdown as at Nov 2024

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$564.08 million.

Operations: The company's revenue segment includes Healthcare Software, generating CA$58.32 million.

Insider Ownership: 15.1%

Revenue Growth Forecast: 19.7% p.a.

Vitalhub shows strong growth potential, with earnings forecasted to grow significantly at 67.3% annually, outpacing the Canadian market's 17.5%. Despite recent shareholder dilution and large one-off items impacting financial results, the stock trades well below its estimated fair value. Revenue is expected to increase by 19.7% per year, faster than the broader market. Recent developments include its addition to the S&P Global BMI Index and participation in industry conferences.

TSX:VHI Earnings and Revenue Growth as at Nov 2024
TSX:VHI Earnings and Revenue Growth as at Nov 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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