Yahoo Finanzas Three ASX Growth Companies With Insider Ownership Reaching 21%
Amidst a fluctuating Australian market, where the ASX200 experienced both gains and losses in recent trading sessions, investors continue to navigate through varied sector performances and global economic cues. In this context, understanding the significance of insider ownership can be crucial for identifying growth companies that might offer resilience and potential growth opportunities in such uncertain times.
Top 10 Growth Companies With High Insider Ownership In Australia
Name | Insider Ownership | Earnings Growth |
Hartshead Resources (ASX:HHR) | 13.9% | 86.3% |
Cettire (ASX:CTT) | 28.7% | 30.1% |
Acrux (ASX:ACR) | 14.6% | 115.3% |
Plenti Group (ASX:PLT) | 12.8% | 106.4% |
Hillgrove Resources (ASX:HGO) | 10.4% | 45.4% |
Change Financial (ASX:CCA) | 26.6% | 76.4% |
Botanix Pharmaceuticals (ASX:BOT) | 11.4% | 120.9% |
Liontown Resources (ASX:LTR) | 16.4% | 62.8% |
Argosy Minerals (ASX:AGY) | 14.5% | 129.6% |
Chrysos (ASX:C79) | 21.4% | 63.5% |
Underneath we present a selection of stocks filtered out by our screen.
Chrysos
Simply Wall St Growth Rating: ★★★★★☆
Overview: Chrysos Corporation Limited is a company focused on the development and supply of mining technology, with a market capitalization of approximately A$655.35 million.
Operations: The company generates revenue primarily from mining services, totaling A$34.24 million.
Insider Ownership: 21.4%
Chrysos Corporation Limited is poised for significant growth, with revenue expected to increase by 35.3% annually, outpacing the Australian market average of 5.5%. Despite some insider selling and shareholder dilution over the past year, more shares have been bought than sold by insiders recently. Analysts predict a substantial rise in the stock price by 31.1% and forecast Chrysos to turn profitable within three years, with earnings growth projected at 63.48% per year.
Click here and access our complete growth analysis report to understand the dynamics of Chrysos.
Upon reviewing our latest valuation report, Chrysos' share price might be too optimistic.
Capricorn Metals
Simply Wall St Growth Rating: ★★★★★☆
Overview: Capricorn Metals Ltd is an Australian company focused on the evaluation, exploration, development, and production of gold properties, with a market capitalization of approximately A$1.86 billion.
Operations: The company generates its revenue primarily from the Karlawinda segment, totaling A$356.94 million.
Insider Ownership: 12.3%
Capricorn Metals showcases moderate revenue growth at 14.3% annually, surpassing the Australian market's average of 5.5%. Despite a decrease in profit margins from last year and significant insider selling recently, earnings are expected to surge by 26.5% per year, notably above the market forecast of 13.7%. The company's Return on Equity is also anticipated to be robust at 30.9% in three years, reflecting potential for substantial financial improvement despite current challenges.
Technology One
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Technology One Limited is an enterprise software solutions provider operating both in Australia and internationally, with a market capitalization of approximately A$6.01 billion.
Operations: The company generates revenue through three primary segments: software sales contributing A$317.24 million, corporate services at A$83.83 million, and consulting services totaling A$68.13 million.
Insider Ownership: 12.3%
Technology One has demonstrated solid financial growth, with revenue increasing to A$240.83 million and net income rising to A$48 million in the first half of 2024. Despite its Price-To-Earnings ratio being below the industry average at 54.9x, its earnings growth is projected to outpace the Australian market's average, forecasted at 14.3% per year. However, its revenue growth rate of 11.1% per year lags behind more aggressive market benchmarks of over 20%. The company maintains high insider ownership but lacks significant insider buying or selling activities in recent months.
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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.
Companies discussed in this article include ASX:C79 ASX:CMM and ASX:TNE.
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