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ASX Growth Leaders With High Insider Ownership To Watch

The Australian market has shown promising growth, climbing 1.5% over the last week and achieving a 7.3% increase over the past 12 months, with earnings expected to grow by 13% per annum. In this buoyant environment, stocks with high insider ownership can be particularly compelling, as they often signal strong confidence in the company's future from those who know it best.

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%

29.9%

Gratifii (ASX:GTI)

15.6%

112.4%

Acrux (ASX:ACR)

14.6%

115.3%

Doctor Care Anywhere Group (ASX:DOC)

28.4%

96.4%

Hillgrove Resources (ASX:HGO)

10.4%

45.4%

Alpha HPA (ASX:A4N)

28.3%

95.9%

Liontown Resources (ASX:LTR)

16.4%

64.3%

DUG Technology (ASX:DUG)

28.3%

43.5%

SiteMinder (ASX:SDR)

11.4%

69.4%

Click here to see the full list of 89 stocks from our Fast Growing ASX Companies With High Insider Ownership screener.

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Let's uncover some gems from our specialized screener.

Chrysos

Simply Wall St Growth Rating: ★★★★★☆

Overview: Chrysos Corporation Limited specializes in developing and supplying technology for the mining industry, with a market capitalization of approximately A$652.20 million.

Operations: The company generates its revenue primarily from mining technology services, totaling A$34.24 million.

Insider Ownership: 22.2%

Earnings Growth Forecast: 57.5% p.a.

Chrysos Corporation Limited, despite recent drops from the S&P/ASX Emerging Companies Index, demonstrates a strong growth trajectory with forecasted revenue increases of 33.5% per year, significantly outpacing the Australian market average. The company is expected to transition into profitability within three years, supported by an anticipated earnings growth of 57.46% annually. However, it's important to note that shareholder dilution occurred over the past year, and return on equity is projected to remain low at 8.3%.

ASX:C79 Earnings and Revenue Growth as at May 2024
ASX:C79 Earnings and Revenue Growth as at May 2024

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$1.76 billion.

Operations: The company generates revenue primarily from its Karlawinda segment, amounting to A$356.94 million.

Insider Ownership: 12.3%

Earnings Growth Forecast: 28.7% p.a.

Capricorn Metals, with substantial insider buying activity over the past three months, reflects strong confidence from its management. The company reported a robust earnings growth of 28.71% per year, outperforming the Australian market average significantly. However, it faces challenges with declining profit margins from 25.4% to 5.2%. Despite these hurdles, Capricorn Metals is expected to maintain a high return on equity at 30.5% in three years, aligning with its aggressive growth projections in revenue and earnings.

ASX:CMM Earnings and Revenue Growth as at May 2024
ASX:CMM Earnings and Revenue Growth as at May 2024

IPD Group

Simply Wall St Growth Rating: ★★★★★☆

Overview: IPD Group Limited, operating in Australia, specializes in the distribution of electrical equipment and has a market capitalization of approximately A$455.91 million.

Operations: The company generates revenue through its Products Division, which brought in A$215.98 million, and its Services Division, which contributed A$20.79 million.

Insider Ownership: 28.4%

Earnings Growth Forecast: 26% p.a.

IPD Group is trading 14.5% below its estimated fair value, with analysts predicting a price increase of 28.6%. Despite shareholder dilution last year, the company has shown strong performance with earnings and revenue growth outpacing the Australian market average significantly. Over the past year, IPD's earnings increased by 22.4%, and it is forecasted to grow at an annual rate of 26% in earnings and 23.7% in revenue, although its Return on Equity is expected to remain low at 19.1%.

ASX:IPG Earnings and Revenue Growth as at May 2024
ASX:IPG Earnings and Revenue Growth as at May 2024

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Curious About Other Options?

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:C79ASX:CMM and ASX:IPG

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com