Stock Analysis

KRX Growth Companies With High Insider Ownership August 2024

KOSDAQ:A196170
Source: Shutterstock

The South Korea stock market recently halted a three-day slide, with the KOSPI index closing just beneath the 2,690-point mark amid mixed performances across various sectors. As global markets await key inflation data and grapple with fluctuating oil prices, investors are increasingly looking at growth companies with high insider ownership as potential opportunities. In this context, identifying stocks where insiders hold significant stakes can be particularly insightful.

Top 10 Growth Companies With High Insider Ownership In South Korea

NameInsider OwnershipEarnings Growth
People & Technology (KOSDAQ:A137400)16.5%35.6%
Seojin SystemLtd (KOSDAQ:A178320)30.9%52.1%
Bioneer (KOSDAQ:A064550)17.5%97.6%
Global Tax Free (KOSDAQ:A204620)20.9%78.5%
Oscotec (KOSDAQ:A039200)26.3%122%
Vuno (KOSDAQ:A338220)19.5%110.9%
Park Systems (KOSDAQ:A140860)33%35.6%
HANA Micron (KOSDAQ:A067310)21.3%97.4%
UTI (KOSDAQ:A179900)33.1%122.7%
Techwing (KOSDAQ:A089030)18.7%77.8%

Click here to see the full list of 90 stocks from our Fast Growing KRX Companies With High Insider Ownership screener.

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

Hana Materials (KOSDAQ:A166090)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Hana Materials Inc. manufactures and sells silicon electrodes and rings in South Korea, with a market cap of ₩727.82 billion.

Operations: Revenue Segments (in millions of ₩): Silicon Electrodes: ₩300000, Silicon Rings: ₩450000

Insider Ownership: 12.5%

Hana Materials, a South Korean growth company with high insider ownership, is expected to see significant earnings growth at 41.4% annually over the next three years, outpacing the market's 28.9%. Despite lower profit margins this year (11.6%) compared to last year (25.1%), its revenue is forecasted to grow faster than the market at 19.4% per year. Analysts agree on a potential stock price rise of 71.6%, though it has a high level of debt and trades below fair value estimates by 27.3%.

KOSDAQ:A166090 Earnings and Revenue Growth as at Aug 2024
KOSDAQ:A166090 Earnings and Revenue Growth as at Aug 2024

ALTEOGEN (KOSDAQ:A196170)

Simply Wall St Growth Rating: ★★★★★★

Overview: ALTEOGEN Inc., a bio company with a market cap of ₩16.95 trillion, focuses on developing long-acting biobetters, proprietary antibody-drug conjugates, and antibody biosimilars.

Operations: The company's revenue segment primarily includes biotechnology, generating ₩90.79 billion.

Insider Ownership: 26.6%

Alteogen, a South Korean firm with high insider ownership, is forecasted to achieve profitability within three years and boasts an expected annual revenue growth of 64.2%, significantly outpacing the market's 10.6%. Despite recent shareholder dilution and volatile share prices, it trades at 75.3% below its estimated fair value. The recent MFDS approval for Tergase®, developed using proprietary Hybrozyme™ Technology, marks a significant milestone as the company transitions to commercial-stage operations.

KOSDAQ:A196170 Earnings and Revenue Growth as at Aug 2024
KOSDAQ:A196170 Earnings and Revenue Growth as at Aug 2024

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 ₩7.58 trillion.

Operations: Revenue segments include Label (₩1.28 billion), Platform (₩361.12 million), and Solution (₩1.24 billion).

Insider Ownership: 32.5%

HYBE Co., Ltd. demonstrates strong growth potential with forecasted annual earnings growth of 42.47%, outpacing the South Korean market's 28.9%. Despite a recent dip in net income, the company’s revenue is expected to grow at 14% per year, faster than the market average. Trading at 20.3% below estimated fair value and initiating a share repurchase program for price stabilization, HYBE remains an attractive prospect with substantial insider ownership and no significant insider trading activity recently reported.

KOSE:A352820 Ownership Breakdown as at Aug 2024
KOSE:A352820 Ownership Breakdown as at Aug 2024

Key Takeaways

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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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