Top 3 Growth Companies With High Insider Ownership On KRX In September 2024

Over the last 7 days, the South Korean market has dropped 1.0%, driven by a pullback of 3.7% in the Information Technology sector. Overall, the market has been flat in the last year, though earnings are forecast to grow by 29% annually. In such an environment, growth companies with high insider ownership can be particularly appealing as they often signal strong confidence from those who know the business best.

Top 10 Growth Companies With High Insider Ownership In South Korea

Name	Insider Ownership	Earnings Growth
People & Technology (KOSDAQ:A137400)	16.5%	35.6%
Seojin SystemLtd (KOSDAQ:A178320)	30.6%	52.1%
Bioneer (KOSDAQ:A064550)	17.5%	97.6%
ALTEOGEN (KOSDAQ:A196170)	26.6%	99.5%
Oscotec (KOSDAQ:A039200)	26.3%	122%
Vuno (KOSDAQ:A338220)	19.5%	110.9%
INTEKPLUS (KOSDAQ:A064290)	16.3%	98.2%
HANA Micron (KOSDAQ:A067310)	21.3%	106.2%
UTI (KOSDAQ:A179900)	33.1%	134.6%
Techwing (KOSDAQ:A089030)	18.7%	83.6%

Click here to see the full list of 87 stocks from our Fast Growing KRX Companies With High Insider Ownership screener.

Underneath we present a selection of stocks filtered out by our screen.

Wonik QnC (KOSDAQ:A074600)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Wonik QnC Corporation manufactures and sells quartz and ceramic wares used in the production of semiconductor wafers, with a market cap of ₩713.72 billion.

Operations: The company's revenue segments are as follows: MOMQ: ₩472.48 billion, Ceramic: ₩17.21 billion, Cleaning: ₩90.75 billion, Quartz Ware - Korea: ₩200.87 billion, Quartz Ware - Taiwan: ₩45.46 billion, Quartz Ware - Germany: ₩28.40 billion, and Quartz Ware - United States: ₩15.73 billion.

Insider Ownership: 19.6%

Wonik QnC's earnings are expected to grow significantly over the next three years, with forecasts indicating an annual growth rate of 31.77%. Despite a slower revenue growth forecast of 15.7% per year, it is still above the market average. The company reported stable net income for Q2 2024 at KRW 15,693.39 million and is trading at a significant discount to its estimated fair value. However, interest payments are not well covered by earnings.

• Navigate through the intricacies of Wonik QnC with our comprehensive analyst estimates report here.
• Insights from our recent valuation report point to the potential undervaluation of Wonik QnC shares in the market.

i-SENS (KOSDAQ:A099190)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: i-SENS, Inc. develops, manufactures, and sells chemical and biosensors in South Korea and internationally with a market cap of ₩462.04 billion.

Operations: In 2022, the company's revenue from diagnostic kits and equipment amounted to ₩280.29 billion.

Insider Ownership: 25.7%

i-SENS is forecast to become profitable within three years, with earnings expected to grow 68.71% annually, outpacing the market. Revenue is projected to increase by 16.7% per year, surpassing the South Korean market's average growth rate of 10.8%. Despite reporting a net loss of KRW 263.9 million for the first half of 2024, i-SENS trades at good value compared to peers and industry benchmarks.

• Delve into the full analysis future growth report here for a deeper understanding of i-SENS.
• Our valuation report unveils the possibility i-SENS' shares may be trading at a discount.

HYBE (KOSE:A352820)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: HYBE Co., Ltd. operates in music production, publishing, and artist development and management with a market cap of ₩7.68 billion.

Operations: HYBE Co., Ltd. generates revenue from three main segments: Label (₩1.28 billion), Platform (₩361.12 million), and Solution (₩1.24 billion).

Insider Ownership: 32.5%

HYBE's earnings are forecast to grow significantly at 42.47% annually, outpacing the South Korean market's 29.1%. Revenue growth is expected at 14.1% per year, higher than the market average of 10.8%. The company trades below its estimated fair value by 19.3%, and analysts predict a stock price rise of 39.5%. Recent share repurchase programs aim to stabilize stock prices, reflecting strong insider confidence despite lower recent earnings results compared to last year.

• Dive into the specifics of HYBE here with our thorough growth forecast report.
• The valuation report we've compiled suggests that HYBE's current price could be inflated.

Key Takeaways

• Access the full spectrum of 87 Fast Growing KRX Companies With High Insider Ownership by clicking on this link.
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Ready To Venture Into Other Investment Styles?

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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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