KRX Growth Leaders With Insider Ownership Up To 38%

The South Korean stock market has shown resilience, bouncing back with gains across various sectors after a brief pause in its upward trajectory. As the KOSPI hovers around the 2,860-point mark, investor optimism is palpable, influenced by global economic cues and interest rate outlooks. In such an environment, growth companies with high insider ownership can be particularly compelling as they often signal confidence from those who know the company best—its insiders.

Top 10 Growth Companies With High Insider Ownership In South Korea

Name	Insider Ownership	Earnings Growth
ALTEOGEN (KOSDAQ:A196170)	26.6%	73.1%
Seojin SystemLtd (KOSDAQ:A178320)	29.8%	58.7%
Global Tax Free (KOSDAQ:A204620)	18.1%	72.4%
Fine M-TecLTD (KOSDAQ:A441270)	17.3%	36.4%
Park Systems (KOSDAQ:A140860)	33%	35.6%
Vuno (KOSDAQ:A338220)	19.5%	105%
UTI (KOSDAQ:A179900)	34.1%	122.7%
HANA Micron (KOSDAQ:A067310)	20%	96.3%
INTEKPLUS (KOSDAQ:A064290)	16.3%	77.4%
Techwing (KOSDAQ:A089030)	18.7%	77.8%

Click here to see the full list of 80 stocks from our Fast Growing KRX Companies With High Insider Ownership screener.

Let's review some notable picks from our screened stocks.

EO Technics (KOSDAQ:A039030)

Simply Wall St Growth Rating: ★★★★★☆

Overview: EO Technics Co., Ltd. is a global manufacturer and supplier of laser processing equipment, with a market capitalization of approximately ₩2.54 billion.

Operations: The company's revenue primarily comes from its Semiconductor Machine Division, generating ₩305.34 billion.

Insider Ownership: 30.7%

EO Technics, a South Korean company with high insider ownership, shows promising growth prospects with expected annual revenue and earnings growth rates at 25.2% and 48.3% respectively, outpacing the national market averages. However, challenges include a forecasted low Return on Equity of 15.9% in three years and recent volatility in share price. Notably, there's no significant insider trading activity reported over the past three months, and profit margins have declined from last year’s 16.4% to 11%.

• Delve into the full analysis future growth report here for a deeper understanding of EO Technics.
• Insights from our recent valuation report point to the potential overvaluation of EO Technics shares in the market.

ALTEOGEN (KOSDAQ:A196170)

Simply Wall St Growth Rating: ★★★★★★

Overview: ALTEOGEN Inc. is a biopharmaceutical company engaged in developing long-acting biobetters, proprietary antibody-drug conjugates, and antibody biosimilars, with a market capitalization of approximately ₩14.80 billion.

Operations: The company generates revenue through the development of enhanced biologics, targeted cancer therapies, and similar versions of existing antibody treatments.

Insider Ownership: 26.6%

ALTEOGEN, a South Korean biotech firm, is poised for significant growth with earnings expected to increase by 73.1% annually, outperforming the local market forecast of 29.7%. Despite trading at 71.9% below its estimated fair value and experiencing high share price volatility recently, the company became profitable this year and maintains a very high forecasted Return on Equity of 45.3%. Recent developments include the MFDS approval of Tergase®, enhancing its commercial potential despite shareholder dilution over the past year.

• Click to explore a detailed breakdown of our findings in ALTEOGEN's earnings growth report.
• Our comprehensive valuation report raises the possibility that ALTEOGEN is priced higher than what may be justified by its financials.

Doosan (KOSE:A000150)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Doosan Corporation operates in heavy industry, machinery manufacturing, and apartment construction across various global regions including South Korea, the United States, Asia, the Middle East, and Europe with a market capitalization of approximately ₩3.81 billion.

Operations: Doosan's revenue is primarily generated from Doosan Bobcat and Doosan Energy, contributing ₩9.75 billion and ₩8.27 billion respectively, followed by smaller contributions from Electronic BG at ₩0.83 billion, Digital Innovation BU at ₩0.28 billion, and Doosan Fuel Cell at ₩0.24 billion.

Insider Ownership: 38.9%

Doosan Corporation, a South Korean conglomerate, is transitioning towards profitability with expectations to turn a profit within the next three years. Despite slower revenue growth at 3.5% annually compared to the broader market's 10.8%, its earnings are projected to surge by 72.88% per year. The firm's recent financial recovery is evident from its Q1 results in 2024, showing substantial improvements in sales and net income, moving from a significant loss last year to a profit this year.

• Navigate through the intricacies of Doosan with our comprehensive analyst estimates report here.
• In light of our recent valuation report, it seems possible that Doosan is trading behind its estimated value.

Taking Advantage

• Explore the 80 names from our Fast Growing KRX Companies With High Insider Ownership screener here.
• Shareholder in one or more of these companies? Ensure you're never caught off-guard by adding your portfolio in Simply Wall St for timely alerts on significant stock developments.
• Enhance your investing ability with the Simply Wall St app and enjoy free access to essential market intelligence spanning every continent.

Interested In Other Possibilities?

• 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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