Yahoo Finance ASX Growth Leaders With High Insider Stakes In May 2024
As the Australian market navigates a period of subtle shifts, highlighted by discussions at the recent Australian Energy Producers conference and mixed sector performances, investors continue to monitor closely. In such a landscape, growth companies with high insider ownership in Australia stand out as potentially resilient choices due to their alignment of management and shareholder interests amidst evolving economic conditions.
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% |
DUG Technology (ASX:DUG) | 28.3% | 43.3% |
Plenti Group (ASX:PLT) | 12.6% | 68.5% |
Below we spotlight a couple of our favorites from our exclusive screener.
Emerald Resources
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Emerald Resources NL is a company focused on the exploration and development of mineral reserves primarily in Cambodia, with operations also in Australia, and has a market capitalization of approximately A$2.51 billion.
Operations: The company generates revenue primarily from mine operations, which amounted to A$339.32 million.
Insider Ownership: 18.5%
Emerald Resources, with significant insider ownership, showcases promising growth prospects in Australia. Despite a low forecasted Return on Equity of 17.9% in three years, the company's earnings are expected to grow by 22.76% annually, outpacing the Australian market's 13.6%. Recent financial results highlight a robust performance with sales reaching A$176.75 million and net income at A$46.87 million, marking substantial year-over-year growths of 32% and 76%, respectively. However, shareholder dilution over the past year and trading at 72.6% below estimated fair value present challenges.
Our valuation report unveils the possibility Emerald Resources' shares may be trading at a discount.
Flight Centre Travel Group
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Flight Centre Travel Group Limited operates as a travel retailer serving both leisure and corporate sectors across Australia, New Zealand, the Americas, Europe, the Middle East, Africa, and Asia with a market capitalization of approximately A$4.50 billion.
Operations: The company generates its revenue primarily through two segments: leisure travel, which brought in A$1.28 billion, and corporate travel, contributing A$1.06 billion.
Insider Ownership: 13.3%
Flight Centre Travel Group, a notable entity in the Australian travel sector, has demonstrated a strong recovery with its recent transition to profitability. As of the last half-year report, the company achieved sales of A$1.29 billion and net income of A$86.6 million, reversing previous losses. Growth forecasts indicate that Flight Centre's earnings are expected to increase by 19.2% annually, outperforming the broader Australian market's growth rate. Additionally, being added to the S&P/ASX 100 Index underscores its market recognition and potential for sustained growth despite slower revenue growth projections at 9.7% annually compared to higher industry benchmarks.
Mineral Resources
Simply Wall St Growth Rating: ★★★★★☆
Overview: Mineral Resources Limited is a diversified mining services company operating in Australia, Asia, and internationally with a market capitalization of approximately A$15.51 billion.
Operations: The company's revenue is derived from three primary segments: lithium (A$1.60 billion), iron ore (A$2.50 billion), and mining services (A$2.82 billion).
Insider Ownership: 11.6%
Mineral Resources Limited, amidst a backdrop of robust financial performance, reported a significant increase in net income to A$537.3 million for the half-year ending December 2023, up from A$388.6 million the previous year. Despite a dip in profit margins to 7.9% from last year's 16.3%, the company is poised for growth with earnings expected to surge by approximately 29% annually and revenue projected to grow at 10.7% per year, outpacing the Australian market's average. However, interest payments are not well covered by earnings and there has been no substantial insider buying or selling in recent months.
Make It Happen
Click here to access our complete index of 89 Fast Growing ASX Companies With High Insider Ownership.
Already own these companies? Link your portfolio to Simply Wall St and get alerts on any new warning signs to your stocks.
Simply Wall St is a revolutionary app designed for long-term stock investors, it's free and covers every market in the world.
Searching for a Fresh Perspective?
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:EMR ASX:FLT and ASX:MIN.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
