Top 3 KRX Growth Companies With High Insider Ownership October 2024

The South Korean market has remained flat over the past year, with the Materials sector gaining 4.5% in the last week. In this environment, where earnings are forecast to grow by 30% annually, identifying growth companies with high insider ownership can be particularly valuable as it often signals confidence from those closest to the business.

Top 10 Growth Companies With High Insider Ownership In South Korea

Name	Insider Ownership	Earnings Growth
People & Technology (KOSDAQ:A137400)	16.4%	35.6%
Seojin SystemLtd (KOSDAQ:A178320)	30.5%	52.1%
Bioneer (KOSDAQ:A064550)	15.8%	97.6%
Oscotec (KOSDAQ:A039200)	26.1%	122%
Vuno (KOSDAQ:A338220)	19.5%	110.9%
HANA Micron (KOSDAQ:A067310)	18.3%	100.3%
Park Systems (KOSDAQ:A140860)	33%	35.6%
UTI (KOSDAQ:A179900)	33.1%	134.6%
Techwing (KOSDAQ:A089030)	18.7%	83.6%
INTEKPLUS (KOSDAQ:A064290)	16.3%	96.7%

Click here to see the full list of 88 stocks from our Fast Growing KRX Companies With High Insider Ownership screener.

Here's a peek at a few of the choices from the screener.

Wonik QnC (KOSDAQ:A074600)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Wonik QnC Corporation manufactures and sells quartz and ceramic wares for semiconductor wafer production, with a market cap of ₩671.66 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 Corporation, with substantial insider ownership, reported strong earnings for Q2 2024, showing net income of KRW 15.69 billion. Despite negative sales for the first half of the year, its earnings are forecast to grow significantly at 31.77% annually over the next three years, outpacing market expectations. The company is trading at a significant discount to its estimated fair value and analysts predict a stock price increase of 79.1%.

• Click here to discover the nuances of Wonik QnC with our detailed analytical future growth report.
• Upon reviewing our latest valuation report, Wonik QnC's share price might be too pessimistic.

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 ₩481.11 billion.

Operations: The company's revenue from diagnostic kits and equipment amounts to ₩280.29 billion.

Insider Ownership: 25.7%

i-SENS, Inc., a growth company with high insider ownership, reported Q2 2024 sales of KRW 69.90 billion but faced a net loss of KRW 2.46 million compared to net income last year. Despite recent losses, the company is trading at good value relative to peers and is forecast to grow revenue by 16.7% annually, outpacing the Korean market's average growth rate of 10.5%. i-SENS is expected to become profitable within three years with earnings projected to grow by 68.71% annually.

• Get an in-depth perspective on i-SENS' performance by reading our analyst estimates report here.
• Insights from our recent valuation report point to the potential undervaluation of i-SENS shares in the market.

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 ₩7.03 trillion.

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

Insider Ownership: 32.5%

HYBE has substantial insider ownership and is trading 27.8% below its estimated fair value. Analysts forecast significant annual earnings growth of 42.23%, outpacing the Korean market's average. Despite a recent buyback of 150,000 shares for KRW 26,092.38 million aimed at stabilizing stock prices, HYBE's revenue growth is expected to be slower than 20% per year, and its Return on Equity is projected to remain low at 9.9%.

• Dive into the specifics of HYBE here with our thorough growth forecast report.
• In light of our recent valuation report, it seems possible that HYBE is trading behind its estimated value.

Key Takeaways

• Delve into our full catalog of 88 Fast Growing KRX Companies With High Insider Ownership here.
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Ready For A Different Approach?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
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• 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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