Yahoo Finance ASX Growth Companies With Insider Ownership As High As 18%
Today, the ASX200 experienced a decline of 0.85%, with most sectors losing ground except for materials. Notably, IT stocks faced significant pressure, dropping over 3%, and the Health Care sector also saw a decrease of 2%. In such fluctuating market conditions, companies with high insider ownership can be particularly compelling as these insiders may have a deeper commitment to the company's success and resilience in challenging 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% | 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% | 63.9% |
SiteMinder (ASX:SDR) | 11.4% | 69.4% |
Chrysos (ASX:C79) | 21.3% | 57.5% |
Underneath we present a selection of stocks filtered out by our screen.
Alkane Resources
Simply Wall St Growth Rating: ★★★★★☆
Overview: Alkane Resources Limited is a gold exploration and production company based in Australia, with a market capitalization of approximately A$374.16 million.
Operations: The company generates revenue primarily from its gold operations, totaling approximately A$186.83 million.
Insider Ownership: 11.1%
Alkane Resources, an Australian growth company with high insider ownership, is poised for substantial growth with earnings forecasted to increase by 31.9% annually. Despite trading at 87.4% below its estimated fair value and revenue expected to rise by 20.9% per year, challenges persist as profit margins have declined from last year's 25.6% to 16.2%. Recent presentations in London and Sydney highlight ongoing engagement and visibility in the industry despite a recent dip in half-year earnings and income.
Emerald Resources
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Emerald Resources NL is a company focused on the exploration and development of mineral reserves in Cambodia and Australia, with a market capitalization of approximately A$2.49 billion.
Operations: The primary revenue for the company is generated from mine operations, totaling A$339.32 million.
Insider Ownership: 18.5%
Emerald Resources, reflecting a robust growth trajectory in the Australian market, reported a significant increase in half-year earnings to A$46.87 million from A$26.59 million, with sales jumping from A$133.69 million to A$176.75 million as of December 2023. The company is trading at 72.7% below its fair value and is expected to see earnings grow by 22.76% annually and revenue by 19.4% per year, outpacing the general market's growth rate of 5%. However, shareholder dilution occurred over the past year, and its projected return on equity is considered low at 17.9%.
Mineral Resources
Simply Wall St Growth Rating: ★★★★★☆
Overview: Mineral Resources Limited is a mining services company operating in Australia, Asia, and internationally, with a market capitalization of approximately A$15.33 billion.
Operations: The company generates its revenue primarily from three segments: mining services, which brought in A$2.82 billion, followed by iron ore at A$2.50 billion, and lithium contributing A$1.60 billion.
Insider Ownership: 11.6%
Mineral Resources Limited, despite a dip in profit margins from 16.3% to 7.9%, is trading at 28.7% below its estimated fair value and shows promising growth prospects with earnings expected to rise by 29.2% annually, outstripping the Australian market's forecast of 13.6%. Revenue growth is also robust at an annual rate of 10.7%, again surpassing the market average of 5%. However, financial challenges are evident as interest payments are poorly covered by earnings.
Where To Now?
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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:ALKASX:EMR ASX:MIN and
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