Yahoo Finance ASX Growth Companies With High Insider Ownership August 2024
The ASX200 closed up 1.25% at 7777.7 points, completing the second green session in a row and clawing back some losses from the previous five sessions. China's latest inflation data, showing the fastest rate of growth in five months, lifted sentiment across Asian markets and positively impacted Australian commodities. In this volatile market environment, identifying growth companies with high insider ownership can provide a measure of confidence to investors. Insider ownership often signals that those closest to the company believe strongly in its future potential, aligning their interests with those of shareholders.
Top 10 Growth Companies With High Insider Ownership In Australia
Name | Insider Ownership | Earnings Growth |
Cettire (ASX:CTT) | 28.7% | 26.7% |
Acrux (ASX:ACR) | 14.6% | 115.6% |
Clinuvel Pharmaceuticals (ASX:CUV) | 13.6% | 26.8% |
Liontown Resources (ASX:LTR) | 16.4% | 63.5% |
Catalyst Metals (ASX:CYL) | 17.5% | 75.7% |
Hillgrove Resources (ASX:HGO) | 10.4% | 49.4% |
Lotus Resources (ASX:LOT) | 12.4% | 58.0% |
Adveritas (ASX:AV1) | 21.1% | 103.9% |
Plenti Group (ASX:PLT) | 12.8% | 106.4% |
Change Financial (ASX:CCA) | 26.6% | 77.9% |
We'll examine a selection from our screener results.
Capricorn Metals
Simply Wall St Growth Rating: ★★★★★☆
Overview: Capricorn Metals Ltd is an Australian company involved in the evaluation, exploration, development, and production of gold properties with a market cap of A$2.17 billion.
Operations: The company's revenue primarily comes from its Karlawinda gold project, generating A$356.94 million.
Insider Ownership: 12.3%
Return On Equity Forecast: 32% (2026 estimate)
Capricorn Metals, with significant insider ownership, is forecast to grow earnings by 27.05% annually and revenue by 13.6% per year, outpacing the broader Australian market. Despite trading at a substantial discount to its estimated fair value, recent financials were impacted by large one-off items, leading to lower profit margins (5.2%). The company presented at the Diggers & Dealers Mining Forum on August 6th, highlighting operational strategies under COO Paul Vincent Thomas.
Catalyst Metals
Simply Wall St Growth Rating: ★★★★★★
Overview: Catalyst Metals Limited (ASX:CYL), with a market cap of A$441.40 million, explores for and evaluates mineral properties in Australia.
Operations: Catalyst Metals generates revenue from its operations in Tasmania, amounting to A$57.87 million, with an additional segment adjustment of A$106.37 million.
Insider Ownership: 17.5%
Return On Equity Forecast: 38% (2026 estimate)
Catalyst Metals, with substantial insider ownership, is forecast to grow revenue by 40.4% annually and become profitable within three years. Despite past shareholder dilution, it trades at a significant discount to its estimated fair value. Recent updates include new Mineral Resource Estimates for K2 and Plutonic East mines, enhancing growth prospects. The company reported annual group production of 110koz for fiscal year 2024, driven by the consolidation of the Plutonic Gold Belt.
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$6.91 billion.
Operations: Revenue segments include Software at A$317.24 million, Corporate at A$83.83 million, and Consulting at A$68.13 million.
Insider Ownership: 12.3%
Return On Equity Forecast: 33% (2027 estimate)
Technology One, with significant insider ownership, is positioned for growth in the Australian market. Recent earnings results show revenue of A$240.83 million and net income of A$48 million for H1 2024. The company forecasts annual revenue growth of 11.5% and profit growth of 14.8%, outpacing the broader market's expectations. The appointment of Paul Robson as a Non-Executive Director adds strategic expertise in SaaS and cloud computing, further bolstering its innovation capabilities.
Dive into the specifics of Technology One here with our thorough growth forecast report.
Upon reviewing our latest valuation report, Technology One's share price might be too optimistic.
Taking Advantage
Discover the full array of 91 Fast Growing ASX Companies With High Insider Ownership right here.
Are these companies part of your investment strategy? Use Simply Wall St to consolidate your holdings into a portfolio and gain insights with our comprehensive analysis tools.
Unlock the power of informed investing with Simply Wall St, your free guide to navigating stock markets worldwide.
Contemplating Other Strategies?
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.
Companies discussed in this article include ASX:CMM ASX:CYL and ASX:TNE.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
