Stock Analysis

Spotlight On Sri Trang Agro-Industry And 2 Other Insider-Favored Growth Stocks

SET:STA
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As global markets experience broad-based gains with U.S. indexes nearing record highs, investors are closely watching economic indicators such as jobless claims and home sales, which have recently fueled positive sentiment. Amid this backdrop of cautious optimism, growth companies with high insider ownership often capture attention for their potential resilience and alignment of interests between management and shareholders.

Top 10 Growth Companies With High Insider Ownership

NameInsider OwnershipEarnings Growth
SKS Technologies Group (ASX:SKS)32.4%24.8%
Propel Holdings (TSX:PRL)36.9%37.6%
On Holding (NYSE:ONON)19.1%29.6%
Pharma Mar (BME:PHM)11.8%56.9%
Findi (ASX:FND)34.8%71.5%
Elliptic Laboratories (OB:ELABS)26.8%103.6%
EHang Holdings (NasdaqGM:EH)32.8%81.5%
Alkami Technology (NasdaqGS:ALKT)11%98.6%
Credo Technology Group Holding (NasdaqGS:CRDO)13.7%95%
Fulin Precision (SZSE:300432)13.6%66.7%

Click here to see the full list of 1516 stocks from our Fast Growing Companies With High Insider Ownership screener.

Below we spotlight a couple of our favorites from our exclusive screener.

Sri Trang Agro-Industry (SET:STA)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Sri Trang Agro-Industry Public Company Limited, along with its subsidiaries, is engaged in the manufacturing and distribution of natural rubber products across Thailand, China, the United States, Singapore, Japan, and other international markets; it has a market cap of THB27.65 billion.

Operations: The company's revenue primarily comes from Natural Rubbers, generating THB86.85 billion, and Gloves, contributing THB23.30 billion.

Insider Ownership: 21.6%

Earnings Growth Forecast: 53.6% p.a.

Sri Trang Agro-Industry has demonstrated a turnaround with recent earnings, reporting a net income of THB 517.29 million for Q3 2024, compared to a loss in the previous year. Despite being undervalued by 30.6% relative to its fair value estimate, challenges remain with interest payments not well covered by earnings and low profit margins at 0.4%. Earnings are projected to grow significantly at 53.61% annually over the next three years, outpacing market expectations.

SET:STA Ownership Breakdown as at Nov 2024
SET:STA Ownership Breakdown as at Nov 2024

Southchip Semiconductor Technology(Shanghai) (SHSE:688484)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Southchip Semiconductor Technology(Shanghai) Co., Ltd. is a semiconductor design company specializing in power and battery management solutions in China, with a market cap of CN¥15.70 billion.

Operations: The company generates revenue primarily from its semiconductors segment, amounting to CN¥2.47 billion.

Insider Ownership: 17.1%

Earnings Growth Forecast: 27.6% p.a.

Southchip Semiconductor Technology (Shanghai) has shown impressive growth, with revenue rising to CNY 1.90 billion and net income reaching CNY 271.78 million for the nine months ended September 2024. Earnings are forecast to grow significantly at 27.62% annually, outpacing the Chinese market average of 26.2%. Despite a volatile share price, its Price-To-Earnings ratio of 45.4x is below the industry average, indicating potential value in this high-growth sector.

SHSE:688484 Earnings and Revenue Growth as at Nov 2024
SHSE:688484 Earnings and Revenue Growth as at Nov 2024

Lifedrink Company (TSE:2585)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Lifedrink Company, Inc. manufactures and sells beverages in Japan with a market cap of ¥128.62 billion.

Operations: The company's revenue is primarily generated from its Beverage and Leaf Business, amounting to ¥41.86 billion.

Insider Ownership: 14.6%

Earnings Growth Forecast: 11.7% p.a.

Lifedrink Company has been experiencing earnings growth, with a 24.8% increase over the past year, and forecasts suggest an annual profit growth of 11.67%, outpacing the Japanese market average. Despite high debt levels and a volatile share price, insider ownership remains stable without significant recent buying or selling activity. Revenue is expected to grow at 8% annually, faster than the market's 4.2%, though not significantly high by industry standards.

TSE:2585 Ownership Breakdown as at Nov 2024
TSE:2585 Ownership Breakdown as at Nov 2024

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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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