Top KRX Growth Companies With High Insider Ownership August 2024

The South Korean market has seen a 4.0% increase over the last week, driven by a 5.6% rise in the Information Technology sector, although it has remained flat over the past year with earnings forecasted to grow by 28% annually. In this context, growth companies with high insider ownership can be particularly appealing as they often signal strong confidence from those closest to the business and may offer robust potential for future performance.

Top 10 Growth Companies With High Insider Ownership In South Korea

Name	Insider Ownership	Earnings Growth
People & Technology (KOSDAQ:A137400)	16.5%	34%
Bioneer (KOSDAQ:A064550)	17.5%	89.7%
Fine M-TecLTD (KOSDAQ:A441270)	17.2%	36.4%
Global Tax Free (KOSDAQ:A204620)	18.1%	90.6%
Seojin SystemLtd (KOSDAQ:A178320)	29.6%	58.7%
INTEKPLUS (KOSDAQ:A064290)	16.3%	77.4%
Vuno (KOSDAQ:A338220)	19.5%	105%
HANA Micron (KOSDAQ:A067310)	20%	97.4%
UTI (KOSDAQ:A179900)	33.1%	122.7%
Techwing (KOSDAQ:A089030)	18.7%	77.8%

Click here to see the full list of 86 stocks from our Fast Growing KRX Companies With High Insider Ownership screener.

We'll examine a selection from our screener results.

EO Technics (KOSDAQ:A039030)

Simply Wall St Growth Rating: ★★★★★☆

Overview: EO Technics Co., Ltd. manufactures and supplies laser processing equipment worldwide, with a market cap of ₩1.94 billion.

Operations: Revenue from the Semiconductor Machine Division amounts to ₩305.34 billion.

Insider Ownership: 30.7%

EO Technics, a South Korean growth company with high insider ownership, is trading at 13.7% below its estimated fair value. Despite a volatile share price and lower profit margins (11%) compared to last year (16.4%), the company's earnings are forecast to grow significantly at 48.08% annually over the next three years, outpacing the market's 28.1%. Revenue is also expected to rise by 25.2% per year, surpassing market averages of 10.1%.

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

ALTEOGEN (KOSDAQ:A196170)

Simply Wall St Growth Rating: ★★★★★★

Overview: ALTEOGEN Inc., a bio company with a market cap of ₩15.54 billion, focuses on developing long-acting biobetters, proprietary antibody-drug conjugates, and antibody biosimilars.

Operations: The company's revenue segment primarily comprises ₩121.09 million from its biotechnology division.

Insider Ownership: 26.6%

ALTEOGEN, a South Korean growth company with high insider ownership, recently received MFDS approval for Tergase®, marking its transition to a commercial-stage entity. Despite past shareholder dilution and share price volatility, the company's revenue is forecast to grow 48.7% annually, far exceeding market averages. Earnings are expected to increase by 72.95% per year, supported by high-quality earnings and significant product advantages like Tergase®'s superior purity and lower immunogenicity compared to animal-derived alternatives.

• 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 South Korea, the United States, Asia, the Middle East, Europe, and internationally with a market cap of ₩2.40 trillion.

Operations: The company's revenue segments include Doosan Bobcat (₩9.75 billion), Doosan Energy (₩8.27 billion), Electronic BG (₩830.45 million), Doosan Fuel Cell (₩242.68 million), and Digital Innovation BU (₩281.44 million).

Insider Ownership: 38.9%

Doosan Corporation, with significant insider ownership, has shown promising signs of growth. The company reported a notable turnaround in the first quarter of 2024, achieving net income of KRW 4.98 million compared to a substantial loss the previous year. Earnings are forecast to grow by nearly 70% annually, and Doosan is expected to become profitable within three years. However, its revenue growth is projected at 2.7% per year, trailing behind the broader South Korean market's expected growth rate.

• Get an in-depth perspective on Doosan's performance by reading our analyst estimates report here.
• Our valuation report here indicates Doosan may be undervalued.

Taking Advantage

• Click here to access our complete index of 86 Fast Growing KRX Companies With High Insider Ownership.
• Got skin in the game with these stocks? Elevate how you manage them by using Simply Wall St's portfolio, where intuitive tools await to help optimize your investment outcomes.
• Simply Wall St is a revolutionary app designed for long-term stock investors, it's free and covers every market in the world.

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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