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3 ASX Growth Companies With High Insider Ownership And Up To 32% ROE

The Australian market has shown positive momentum, rising 1.2% over the last week and 9.8% in the past year, with earnings forecasted to grow by 13% annually. In such a promising environment, identifying growth companies with high insider ownership can be particularly advantageous as these firms often exhibit strong alignment between management and shareholder interests, potentially leading to robust returns on equity (ROE).

Top 10 Growth Companies With High Insider Ownership In Australia

Name

Insider Ownership

Earnings Growth

Cettire (ASX:CTT)

28.7%

26.7%

Telix Pharmaceuticals (ASX:TLX)

16.1%

38.1%

Acrux (ASX:ACR)

14.6%

115.3%

Clinuvel Pharmaceuticals (ASX:CUV)

13.6%

26.8%

Liontown Resources (ASX:LTR)

16.4%

63.5%

Catalyst Metals (ASX:CYL)

17%

75.7%

Hillgrove Resources (ASX:HGO)

10.4%

49.4%

Ora Banda Mining (ASX:OBM)

10.2%

106.8%

Plenti Group (ASX:PLT)

12.8%

106.4%

Change Financial (ASX:CCA)

26.6%

77.9%

Click here to see the full list of 90 stocks from our Fast Growing ASX Companies With High Insider Ownership screener.

Let's explore several standout options from the results in the screener.

Flight Centre Travel Group

Simply Wall St Growth Rating: ★★★★★☆

Overview: Flight Centre Travel Group Limited (ASX:FLT) is a global travel retailer serving both leisure and corporate clients across various regions, with a market cap of A$4.80 billion.

Operations: Flight Centre Travel Group generates revenue primarily from its leisure segment (A$1.28 billion) and corporate segment (A$1.06 billion).

Insider Ownership: 13.3%

Return On Equity Forecast: 22% (2026 estimate)

Flight Centre Travel Group's revenue is forecast to grow 9.3% annually, outpacing the Australian market's 5% growth rate. The company became profitable this year and its earnings are expected to grow significantly at 21.1% per year, surpassing the market average of 13.2%. Trading at a 34.5% discount to estimated fair value, Flight Centre also boasts a high forecasted Return on Equity of 22.3%.

ASX:FLT Earnings and Revenue Growth as at Aug 2024
ASX:FLT Earnings and Revenue Growth as at Aug 2024

Mineral Resources

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Mineral Resources Limited, with a market cap of A$10.53 billion, operates as a mining services company in Australia, Asia, and internationally through its subsidiaries.

Operations: The company's revenue segments include A$1.60 billion from Lithium, A$2.50 billion from Iron Ore, and A$2.82 billion from Mining Services.

Insider Ownership: 11.6%

Return On Equity Forecast: 25% (2026 estimate)

Mineral Resources' revenue is projected to grow at 10.2% annually, outpacing the Australian market's 5% growth rate. Earnings are forecasted to increase by 19.25% per year, higher than the market average of 13.2%. Despite trading at a significant discount of 60.3% below fair value estimates, profit margins have declined from last year's 16.3% to 7.9%. The company’s Return on Equity is expected to reach a robust 24.8% in three years.

ASX:MIN Earnings and Revenue Growth as at Aug 2024
ASX:MIN Earnings and Revenue Growth as at Aug 2024

Technology One

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Technology One Limited develops, markets, sells, implements, and supports integrated enterprise business software solutions in Australia and internationally with a market cap of A$6.71 billion.

Operations: The company's revenue segments include Software (A$317.24 million), Corporate (A$83.83 million), and Consulting (A$68.13 million).

Insider Ownership: 12.3%

Return On Equity Forecast: 33% (2027 estimate)

Technology One's earnings grew by 13.1% over the past year and are forecasted to increase by 14.78% annually, outpacing the Australian market's 13.2%. Revenue is expected to grow at 11.5% per year, faster than the market average of 5%. The Price-To-Earnings ratio of 61.2x is below the industry average of 63.5x, indicating good value relative to peers. Recent board appointment of Paul Robson aims to leverage his SaaS expertise for strategic growth and innovation initiatives globally.

ASX:TNE Ownership Breakdown as at Aug 2024
ASX:TNE Ownership Breakdown as at Aug 2024

Taking Advantage

Seeking Other Investments?

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:FLT ASX:MIN and ASX:TNE.

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