KRX Growth Companies With High Insider Ownership For September 2024

Over the last 7 days, the South Korean market has risen 1.4%, although it has experienced a decline of 3.9% over the past 12 months. In this fluctuating environment, identifying growth companies with high insider ownership can be particularly valuable as they often signal strong confidence from those closest to the business and may benefit from anticipated earnings growth of 29% per annum in the coming years.

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%
Park Systems (KOSDAQ:A140860)	33%	35.7%
Oscotec (KOSDAQ:A039200)	26.3%	122%
ALTEOGEN (KOSDAQ:A196170)	26.6%	99.5%
Vuno (KOSDAQ:A338220)	19.5%	110.9%
HANA Micron (KOSDAQ:A067310)	18.3%	100.3%
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.

Here we highlight a subset of our preferred stocks from the screener.

JYP Entertainment (KOSDAQ:A035900)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: JYP Entertainment Corporation operates as an entertainment company in South Korea and internationally, with a market cap of ₩1.50 trillion.

Operations: The company generates revenue from three main segments: Entertainment (₩456.35 billion), Music Publishing (₩12.07 billion), and Distribution and Sales (₩60.51 billion).

Insider Ownership: 17%

JYP Entertainment, a growth company with high insider ownership in South Korea, is forecasted to experience annual earnings growth of 23.28%, slightly below the market average of 29.1%. Revenue is expected to grow at 11.5% per year, outpacing the market's 10.4%. Despite lower profit margins this year (13.5%) compared to last (21.4%), analysts predict a significant stock price rise of nearly 60%, with a high return on equity forecast at 21.8% in three years.

• Click to explore a detailed breakdown of our findings in JYP Entertainment's earnings growth report.
• In light of our recent valuation report, it seems possible that JYP Entertainment is trading behind its estimated value.

ALTEOGEN (KOSDAQ:A196170)

Simply Wall St Growth Rating: ★★★★★★

Overview: ALTEOGEN Inc., a bio company with a market cap of ₩16.97 trillion, focuses on developing long-acting biobetters, proprietary antibody-drug conjugates, and antibody biosimilars.

Operations: The company's revenue from biotechnology amounts to ₩90.79 billion.

Insider Ownership: 26.6%

ALTEOGEN, with high insider ownership, recently received MFDS approval for Tergase®, a recombinant hyaluronidase with over 99% purity. This milestone supports its transition to a commercial-stage company. Analysts forecast annual revenue growth of 64.2%, significantly above the market average of 10.4%. Earnings are expected to grow by nearly 100% per year, and the company is projected to achieve profitability within three years, boasting a very high return on equity forecast at 66.3%.

• Take a closer look at ALTEOGEN's potential here in our earnings growth report.
• Insights from our recent valuation report point to the potential overvaluation of ALTEOGEN shares in the market.

Hyosung Heavy Industries (KOSE:A298040)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Hyosung Heavy Industries Corporation manufactures and sells heavy electrical equipment in South Korea and internationally, with a market cap of ₩2.70 trillion.

Operations: The company's revenue segments include ₩1.78 trillion from Construction and ₩3.35 trillion from Heavy Industry.

Insider Ownership: 16.4%

Hyosung Heavy Industries has seen its earnings grow by 117.9% over the past year and is expected to maintain a significant annual profit growth of 34.7% over the next three years, outpacing the Korean market's 29.1%. Analysts agree that its stock price could rise by 48.1%, with shares currently trading at a substantial discount of 60.7% below estimated fair value. However, it has experienced high share price volatility recently and lacks recent insider trading activity.

• Click here and access our complete growth analysis report to understand the dynamics of Hyosung Heavy Industries.
• Upon reviewing our latest valuation report, Hyosung Heavy Industries' share price might be too pessimistic.

Summing It All Up

• Embark on your investment journey to our 87 Fast Growing KRX Companies With High Insider Ownership selection here.
• Already own these companies? Bring clarity to your investment decisions by linking up your portfolio with Simply Wall St, where you can monitor all the vital signs of your stocks effortlessly.
• Discover a world of investment opportunities with Simply Wall St's free app and access unparalleled stock analysis across all markets.

Curious About Other Options?

• 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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