Top 3 KRX Growth Companies With High Insider Ownership

The South Korean market has climbed by 2.5% over the past week, with every sector up, although it has remained flat overall in the last year. In this context of anticipated earnings growth of 29% annually, identifying growth companies with high insider ownership can be particularly compelling as they often signal strong 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)	16.5%	35.6%
Seojin SystemLtd (KOSDAQ:A178320)	30.5%	52.1%
Bioneer (KOSDAQ:A064550)	17.5%	97.6%
ALTEOGEN (KOSDAQ:A196170)	26.6%	99.5%
Park Systems (KOSDAQ:A140860)	33%	35.7%
Vuno (KOSDAQ:A338220)	19.5%	110.9%
Devsisters (KOSDAQ:A194480)	26.2%	63%
HANA Micron (KOSDAQ:A067310)	18.3%	100.3%
INTEKPLUS (KOSDAQ:A064290)	16.3%	96.7%
Techwing (KOSDAQ:A089030)	18.7%	83.6%

Click here to see the full list of 78 stocks from our Fast Growing KRX Companies With High Insider Ownership screener.

Let's dive into some prime choices out of the screener.

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 ₩16.97 trillion.

Operations: Revenue segments include biotechnology, generating ₩90.79 billion.

Insider Ownership: 26.6%

ALTEOGEN, a growth company with high insider ownership in South Korea, is expected to become profitable within 3 years and has forecasted revenue growth of 64.2% annually, significantly outpacing the market average. Despite recent shareholder dilution and a highly volatile share price, it trades at a substantial discount to its estimated fair value. The recent approval of Tergase® by Korea's MFDS marks a significant milestone, positioning ALTEOGEN for commercial success with its high-purity recombinant hyaluronidase product.

• Unlock comprehensive insights into our analysis of ALTEOGEN stock in this growth report.
• Insights from our recent valuation report point to the potential overvaluation of ALTEOGEN shares in the market.

Enchem (KOSDAQ:A348370)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Enchem Co., Ltd. manufactures and sells electrolytes and additives for secondary batteries and EDLC, with a market cap of ₩3.81 billion.

Operations: Revenue from electronic components and parts totaled ₩348.75 million.

Insider Ownership: 19.4%

Enchem, with high insider ownership, is forecasted to grow earnings by 155.2% annually and revenue by 63% per year, far exceeding the South Korean market average of 10.1%. Despite past shareholder dilution and a highly volatile share price over the past three months, Enchem is expected to become profitable within three years. The company's strong growth prospects highlight its potential as a significant player in South Korea's growth sector.

• Take a closer look at Enchem's potential here in our earnings growth report.
• The valuation report we've compiled suggests that Enchem's current price could be inflated.

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 ₩2.48 trillion.

Operations: The company's revenue segments include Doosan Bobcat (₩9.31 billion), Doosan Energy (₩8.25 billion), Electronic BG (₩0.86 billion), Doosan Fuel Cell (₩0.28 billion), and Digital Innovation BU (₩0.29 billion).

Insider Ownership: 38.9%

Doosan Corporation, with significant insider ownership, is forecasted to grow earnings by 65.51% annually. Despite trading at 68.1% below our fair value estimate and a highly volatile share price over the past three months, Doosan's return on equity is projected to reach 20% in three years. However, its revenue growth of 3.7% per year lags behind the South Korean market average of 10.1%. The company will report first-half results on July 26, 2024.

• Click to explore a detailed breakdown of our findings in Doosan's earnings growth report.
• Our valuation report unveils the possibility Doosan's shares may be trading at a discount.

Seize The Opportunity

• Embark on your investment journey to our 78 Fast Growing KRX Companies With High Insider Ownership selection here.
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Looking For Alternative Opportunities?

• 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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