Daejoo Electronic Materials And 2 High Growth Stocks Insiders Are Backing

As global markets navigate a mixed economic landscape, with U.S. consumer confidence dipping and European stocks showing modest gains, investors are keenly observing the performance of growth stocks that continue to capture attention despite broader market fluctuations. In this environment, companies with high insider ownership often stand out as they suggest strong internal belief in the company's potential for long-term success.

Top 10 Growth Companies With High Insider Ownership

Name	Insider Ownership	Earnings Growth
Seojin SystemLtd (KOSDAQ:A178320)	30.9%	39.9%
SKS Technologies Group (ASX:SKS)	29.7%	24.8%
Laopu Gold (SEHK:6181)	36.4%	34.2%
Pharma Mar (BME:PHM)	11.8%	56.2%
Plenti Group (ASX:PLT)	12.8%	120.1%
Brightstar Resources (ASX:BTR)	16.2%	84.5%
Fine M-TecLTD (KOSDAQ:A441270)	17.2%	131.1%
HANA Micron (KOSDAQ:A067310)	18.5%	110.9%
Elliptic Laboratories (OB:ELABS)	26.8%	111.4%
Findi (ASX:FND)	34.8%	112.9%

Click here to see the full list of 1497 stocks from our Fast Growing Companies With High Insider Ownership screener.

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

Daejoo Electronic Materials (KOSDAQ:A078600)

Simply Wall St Growth Rating: ★★★★★★

Overview: Daejoo Electronic Materials Co., Ltd. develops and sells electronic materials across various regions including South Korea, China, Taiwan, the United States, Europe, and Southeast Asia with a market cap of ₩1.08 trillion.

Operations: The company's revenue primarily comes from the development, production, and sale of electrical and electronic components, amounting to ₩208.25 million.

Insider Ownership: 28.5%

Revenue Growth Forecast: 35.5% p.a.

Daejoo Electronic Materials demonstrates strong growth potential with earnings expected to increase significantly, outpacing the KR market. Recent financial results show a remarkable turnaround, achieving net income of KRW 16.80 billion for nine months compared to a loss previously. Revenue is projected to grow at 35.5% annually, surpassing market averages. Despite high insider ownership and promising forecasts, the company's debt coverage by operating cash flow remains inadequate, warranting careful consideration by investors seeking growth opportunities with insider alignment.

• Click here to discover the nuances of Daejoo Electronic Materials with our detailed analytical future growth report.
• Our valuation report unveils the possibility Daejoo Electronic Materials' shares may be trading at a premium.

SungEel HiTech (KOSDAQ:A365340)

Simply Wall St Growth Rating: ★★★★★☆

Overview: SungEel HiTech Co., Ltd. is a South Korean company specializing in secondary battery recycling, with a market cap of approximately ₩429.43 billion.

Operations: The company generates revenue primarily from its secondary battery raw material manufacturing segment, amounting to ₩166.79 billion.

Insider Ownership: 37.9%

Revenue Growth Forecast: 43.8% p.a.

SungEel HiTech is poised for substantial growth, with revenue expected to expand by 43.8% annually, significantly outpacing the KR market. The company is projected to become profitable within three years, although its return on equity is forecasted to remain low at 5%. Trading at 14.8% below estimated fair value presents a potential opportunity; however, debt coverage by operating cash flow requires attention despite high insider ownership supporting investor alignment.

• Navigate through the intricacies of SungEel HiTech with our comprehensive analyst estimates report here.
• Our expertly prepared valuation report SungEel HiTech implies its share price may be too high.

eCloudvalley Digital Technology (TWSE:6689)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: eCloudvalley Digital Technology Co., Ltd. is a company focused on cloud service solutions with a market cap of NT$8.54 billion.

Operations: eCloudvalley Digital Technology Co., Ltd. generates its revenue primarily from providing cloud service solutions.

Insider Ownership: 23.3%

Revenue Growth Forecast: 15% p.a.

eCloudvalley Digital Technology is trading at 62.6% below its estimated fair value, indicating potential undervaluation. The company reported Q3 sales of TWD 3.34 billion, up from TWD 2.47 billion a year ago, with net income rising to TWD 59.9 million from TWD 47.73 million. Earnings are forecasted to grow significantly at 28.29% annually, outpacing the TW market's growth rate of 19.1%, though share price volatility remains a concern without recent insider trading activity noted.

• Click here and access our complete growth analysis report to understand the dynamics of eCloudvalley Digital Technology.
• In light of our recent valuation report, it seems possible that eCloudvalley Digital Technology is trading beyond its estimated value.

Where To Now?

• Discover the full array of 1497 Fast Growing Companies With High Insider Ownership right here.
• Have a stake in these businesses? Integrate your holdings into Simply Wall St's portfolio for notifications and detailed stock reports.
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Ready To Venture Into Other Investment Styles?

• 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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