Stock Analysis

Top KRX Growth Companies With High Insider Ownership In August 2024

KOSDAQ:A189300
Source: Shutterstock

The South Korean market is up 3.1% in the last 7 days, led by Information Technology and all sectors gaining ground, though it has been flat overall in the past year. In this environment where earnings are forecast to grow by 28% annually, identifying growth companies with high insider ownership can be a strong strategy for investors looking to capitalize on potential market gains.

Top 10 Growth Companies With High Insider Ownership In South Korea

NameInsider OwnershipEarnings 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%
Park Systems (KOSDAQ:A140860)33%38.3%
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.

Let's take a closer look at a couple of our picks from the screened companies.

Intellian Technologies (KOSDAQ:A189300)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Intellian Technologies, Inc. provides satellite antennas and terminals in South Korea and internationally, with a market cap of ₩532.60 billion.

Operations: Intellian Technologies generates revenue primarily through the sale of telecommunication equipment, amounting to ₩287.35 billion.

Insider Ownership: 18.9%

Revenue Growth Forecast: 29.3% p.a.

Intellian Technologies, trading at 53.1% below its estimated fair value, is expected to see annual revenue growth of 29.3%, outpacing the South Korean market's average. Earnings are forecast to grow by 78.82% annually, with profitability anticipated within three years—significantly above market averages. Recent buybacks totaling KRW 4,992.97 million indicate strong insider confidence despite no substantial insider buying or selling in the past three months.

KOSDAQ:A189300 Earnings and Revenue Growth as at Aug 2024
KOSDAQ:A189300 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 ₩15.54 billion, focuses on developing long-acting biobetters, proprietary antibody-drug conjugates, and antibody biosimilars.

Operations: The company's revenue from biotechnology amounts to ₩121.09 million.

Insider Ownership: 26.6%

Revenue Growth Forecast: 48.7% p.a.

Alteogen, trading at 73.2% below its estimated fair value, is forecast to achieve significant revenue growth of 48.7% annually and earnings growth of 72.95% per year, both surpassing market averages. The recent MFDS approval for Tergase® marks a pivotal transition to commercial-stage operations, potentially expanding product applications beyond traditional uses. Despite high-quality earnings and strong insider ownership, the company has experienced shareholder dilution and volatile share prices recently.

KOSDAQ:A196170 Ownership Breakdown as at Aug 2024
KOSDAQ:A196170 Ownership Breakdown as at Aug 2024

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 ₩3.85 trillion.

Operations: Enchem's revenue primarily comes from its Electronic Components & Parts segment, generating ₩357.37 billion.

Insider Ownership: 19.4%

Revenue Growth Forecast: 56.5% p.a.

Enchem, a growth company with high insider ownership, is forecast to achieve substantial revenue growth of 56.5% annually, significantly outpacing the South Korean market average of 10%. While earnings are expected to grow at an impressive rate of 144.8% per year and become profitable within three years, the stock has experienced high volatility over the past three months. Despite these positive forecasts, shareholders have faced dilution in the past year.

KOSDAQ:A348370 Ownership Breakdown as at Aug 2024
KOSDAQ:A348370 Ownership Breakdown as at Aug 2024

Where To Now?

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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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