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Top Growth Companies With Strong Insider Ownership December 2024
Reviewed by Simply Wall St
In December 2024, global markets are witnessing a divergence in major indexes, with growth stocks leading the charge as the S&P 500 and Nasdaq Composite reach record highs. This environment highlights the potential of growth companies with strong insider ownership, which can offer investors confidence through alignment of interests and insights into company prospects.
Top 10 Growth Companies With High Insider Ownership
Name | Insider Ownership | Earnings Growth |
SKS Technologies Group (ASX:SKS) | 27% | 24.8% |
Kirloskar Pneumatic (BSE:505283) | 30.3% | 26.3% |
Seojin SystemLtd (KOSDAQ:A178320) | 30.9% | 39.9% |
Archean Chemical Industries (NSEI:ACI) | 22.9% | 41.3% |
Medley (TSE:4480) | 34% | 31.7% |
Laopu Gold (SEHK:6181) | 36.4% | 34.2% |
Brightstar Resources (ASX:BTR) | 16.2% | 84.5% |
Fine M-TecLTD (KOSDAQ:A441270) | 17.2% | 131.1% |
HANA Micron (KOSDAQ:A067310) | 18.4% | 110.9% |
Findi (ASX:FND) | 34.8% | 112.9% |
Let's review some notable picks from our screened stocks.
Netac Technology (SZSE:300042)
Simply Wall St Growth Rating: ★★★★★☆
Overview: Netac Technology Co., Ltd. manufactures and sells flash memory products both in China and internationally, with a market cap of CN¥4.35 billion.
Operations: The company generates revenue from the manufacture and sale of flash memory products both domestically and internationally.
Insider Ownership: 10.2%
Netac Technology is forecast to experience significant revenue growth of 55.5% annually, outpacing the broader CN market's 13.7%. Despite this promising outlook, recent earnings show a decline in sales to CNY 587.93 million from CNY 1.03 billion year-on-year and an increased net loss of CNY 68.2 million. The company is expected to become profitable within three years, although its return on equity remains low at a projected 6.6%.
- Delve into the full analysis future growth report here for a deeper understanding of Netac Technology.
- According our valuation report, there's an indication that Netac Technology's share price might be on the expensive side.
Systena (TSE:2317)
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Systena Corporation operates in Japan, focusing on solution and framework design, IT services, business solutions, and cloud businesses, with a market cap of ¥131.90 billion.
Operations: The company's revenue segments include solution and framework design, IT services, business solutions, and cloud businesses.
Insider Ownership: 30%
Systena is trading at a favorable value, 20% below its estimated fair value, with earnings projected to grow annually by 8.12%, outpacing the Japanese market. The company has demonstrated consistent profit growth over the past five years and anticipates revenue between ¥85 billion and ¥90 billion for fiscal year ending March 2025. Recent buybacks totaling ¥1.93 billion reflect strong insider confidence, while dividends have increased to ¥6 per share, underscoring shareholder returns.
- Dive into the specifics of Systena here with our thorough growth forecast report.
- The analysis detailed in our Systena valuation report hints at an deflated share price compared to its estimated value.
Meiko Electronics (TSE:6787)
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Meiko Electronics Co., Ltd. designs, manufactures, and sells printed circuit boards (PCBs) and auxiliary electronics globally, with a market cap of ¥235.01 billion.
Operations: Revenue segments for Meiko Electronics Co., Ltd. include the design, manufacture, and sale of printed circuit boards (PCBs) and auxiliary electronics across various regions including Japan, China, Vietnam, the rest of Asia, North America, Europe, and other international markets.
Insider Ownership: 20.7%
Meiko Electronics is positioned for growth, with earnings expected to rise by 21.55% annually, surpassing the Japanese market's average. Despite a high debt level and volatile share price, it trades at 14.9% below its estimated fair value. Recent guidance revisions show increased net sales and operating income forecasts for fiscal 2024, alongside an improved dividend payout of ¥40 per share for Q2, reflecting robust financial performance and strategic adjustments in shareholder returns.
- Take a closer look at Meiko Electronics' potential here in our earnings growth report.
- Insights from our recent valuation report point to the potential overvaluation of Meiko Electronics shares in the market.
Where To Now?
- Click through to start exploring the rest of the 1513 Fast Growing Companies With High Insider Ownership now.
- Have a stake in these businesses? Integrate your holdings into Simply Wall St's portfolio for notifications and detailed stock reports.
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Contemplating Other Strategies?
- 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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About TSE:6787
Meiko Electronics
Engages in the design, manufacture, and sale of printed circuit boards (PCBs) and auxiliary electronics in Japan, China, Vietnam, the rest of Asia, North America, Europe, and internationally.
Solid track record with reasonable growth potential.