Stock Analysis

3 KRX Growth Stocks With Insider Ownership Up To 38%

KOSDAQ:A216080
Source: Shutterstock

The South Korean market has shown modest performance recently, remaining flat over the last week and rising 4.1% over the past year, with earnings expected to grow by 29% annually. In this context, identifying growth companies with significant insider ownership can be a strategic approach, as it often indicates confidence from those closest to the business in its future potential.

Top 10 Growth Companies With High Insider Ownership In South Korea

NameInsider OwnershipEarnings Growth
People & Technology (KOSDAQ:A137400)16.4%35.6%
Seojin SystemLtd (KOSDAQ:A178320)30.8%49.1%
ALTEOGEN (KOSDAQ:A196170)26.6%99.5%
Bioneer (KOSDAQ:A064550)15.8%97.6%
Oscotec (KOSDAQ:A039200)26.1%122%
HANA Micron (KOSDAQ:A067310)18.3%105.8%
Vuno (KOSDAQ:A338220)19.4%110.9%
INTEKPLUS (KOSDAQ:A064290)16.3%96.7%
UTI (KOSDAQ:A179900)33.1%134.6%
Techwing (KOSDAQ:A089030)18.7%83.6%

Click here to see the full list of 86 stocks from our Fast Growing KRX Companies With High Insider Ownership screener.

Let's take a closer look at a couple of our picks from the screened companies.

ALTEOGEN (KOSDAQ:A196170)

Simply Wall St Growth Rating: ★★★★★★

Overview: ALTEOGEN Inc. is a biotechnology company specializing in the development of long-acting biobetters, proprietary antibody-drug conjugates, and antibody biosimilars, with a market cap of ₩20.40 trillion.

Operations: The company generates revenue of ₩90.79 million from its biotechnology segment.

Insider Ownership: 26.6%

ALTEOGEN demonstrates significant growth potential with revenue expected to grow at 64.2% per year, outpacing the South Korean market average of 10.3%. Its return on equity is projected to be very high in three years, and it is anticipated to become profitable within the same timeframe. However, its share price has been highly volatile recently, and shareholders experienced dilution over the past year. Despite trading significantly below estimated fair value, insider trading activity remains unreported recently.

KOSDAQ:A196170 Ownership Breakdown as at Oct 2024
KOSDAQ:A196170 Ownership Breakdown as at Oct 2024

JETEMA (KOSDAQ:A216080)

Simply Wall St Growth Rating: ★★★★★★

Overview: JETEMA, Co., Ltd. is a bio venture company involved in the research and development of medicines and medical devices, with a market cap of ₩366.10 billion.

Operations: The company generates revenue primarily from its medical products segment, amounting to ₩63.88 billion.

Insider Ownership: 29.2%

JETEMA's revenue growth is forecasted at 30.5% annually, surpassing the South Korean market average of 10.3%. It recently became profitable and is expected to see significant earnings growth of 35.3% per year, outpacing the broader market's 29.4%. Despite trading at a substantial discount to its estimated fair value, it faces challenges with insufficient financial data and interest payments not well covered by earnings. Insider trading activities have not been reported recently.

KOSDAQ:A216080 Ownership Breakdown as at Oct 2024
KOSDAQ:A216080 Ownership Breakdown as at Oct 2024

Doosan (KOSE:A000150)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Doosan Corporation operates in heavy industry, machinery manufacturing, and apartment construction across South Korea, the United States, Asia, the Middle East, Europe, and internationally with a market cap of ₩3.25 trillion.

Operations: The company's revenue segments include Doosan Bobcat with ₩9.31 billion, Doosan Energy at ₩8.25 billion, Electronic BG contributing ₩855.42 million, Doosan Fuel Cell with ₩279.99 million, and Digital Innovation BU at ₩286.29 million.

Insider Ownership: 38.9%

Doosan is trading significantly below its estimated fair value, presenting potential for growth. It is expected to become profitable within three years, with earnings forecasted to grow at 65.51% annually, exceeding market averages. However, revenue growth of 3.7% per year lags behind the South Korean market's 10.3%. Recent inclusion in the S&P Global BMI Index highlights its growing recognition despite high share price volatility and lack of recent insider trading activity.

KOSE:A000150 Earnings and Revenue Growth as at Oct 2024
KOSE:A000150 Earnings and Revenue Growth as at Oct 2024

Key Takeaways

Interested In Other Possibilities?

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.

New: Manage All Your Stock Portfolios in One Place

We've created the ultimate portfolio companion for stock investors, and it's free.

• Connect an unlimited number of Portfolios and see your total in one currency
• Be alerted to new Warning Signs or Risks via email or mobile
• Track the Fair Value of your stocks

Try a Demo Portfolio for Free

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com