Yahoo Finance ASX Growth Leaders With High Insider Ownership July 2024
In the past year, the Australian market has seen a steady increase of 7.0%, with a forecast for earnings to grow by 13% annually, despite recent flat performance over the last week. In this context, companies with high insider ownership can be particularly compelling, as they often signal confidence from those closest to the business.
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% |
Clinuvel Pharmaceuticals (ASX:CUV) | 13.6% | 26.8% |
Acrux (ASX:ACR) | 14.6% | 115.3% |
Catalyst Metals (ASX:CYL) | 17% | 75.7% |
Hillgrove Resources (ASX:HGO) | 10.4% | 49.4% |
Ora Banda Mining (ASX:OBM) | 10.2% | 106.8% |
Liontown Resources (ASX:LTR) | 16.4% | 47.1% |
Plenti Group (ASX:PLT) | 12.8% | 106.4% |
Change Financial (ASX:CCA) | 26.6% | 77.9% |
Below we spotlight a couple of our favorites from our exclusive screener.
Catalyst Metals
Simply Wall St Growth Rating: ★★★★★★
Overview: Catalyst Metals Limited is an Australian company that focuses on the exploration and evaluation of mineral properties, with a market capitalization of approximately A$450.44 million.
Operations: The company generates revenue primarily from its operations in Tasmania, totaling A$57.87 million.
Insider Ownership: 17%
Earnings Growth Forecast: 75.7% p.a.
Catalyst Metals, an Australian growth company with significant insider ownership, is poised for substantial growth with expected high revenue increases of 40.4% per year. The firm is trading at a good value relative to its industry peers and is forecasted to become profitable within three years. Recent developments include a 41% increase in gold production and the initiation of the Trident Deposit development plan, which optimizes capital expenditure and leverages existing infrastructure for enhanced operational efficiency.
SiteMinder
Simply Wall St Growth Rating: ★★★★★☆
Overview: SiteMinder Limited, operating both in Australia and internationally, develops and markets an online guest acquisition platform and commerce solutions for accommodation providers, with a market capitalization of approximately A$1.51 billion.
Operations: The company generates its revenue primarily from software and programming services, amounting to A$171.70 million.
Insider Ownership: 11.3%
Earnings Growth Forecast: 74.4% p.a.
SiteMinder, a growth-oriented Australian company with substantial insider ownership, is trading at 40.8% below its fair value and shows promising financial trends. Its earnings have increased by 14.9% annually over the past five years and are expected to surge by 74.41% yearly moving forward. Recently, SiteMinder formed a strategic partnership with Cloudbeds, enhancing its platform connectivity and revenue capabilities for hoteliers globally—a move that could significantly bolster its market position and operational efficiency as it moves towards profitability in the next three years.
Technology One
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Technology One Limited is an Australian company that develops, markets, sells, implements, and supports integrated enterprise business software solutions globally, with a market capitalization of approximately A$6.38 billion.
Operations: The company generates revenue through three primary segments: software sales contributing A$317.24 million, corporate services at A$83.83 million, and consulting services totaling A$68.13 million.
Insider Ownership: 12.3%
Earnings Growth Forecast: 14.3% p.a.
Technology One, an Australian software company, shows promising growth with earnings forecasted to increase by 14.35% annually, outpacing the national market's 13.2%. Despite a high Price-To-Earnings ratio of 58.3x compared to its industry average of 60.6x, it maintains robust projected revenue growth at 11.1% per year against the market's 5.2%. The recent appointment of Paul Robson as Non-Executive Director could further enhance strategic and operational capabilities, aligning with its global SaaS expansion ambitions.
Turning Ideas Into Actions
Delve into our full catalog of 88 Fast Growing ASX Companies With High Insider Ownership here.
Are you invested in these stocks already? Keep abreast of every twist and turn by setting up a portfolio with Simply Wall St, where we make it simple for investors like you to stay informed and proactive.
Simply Wall St is your key to unlocking global market trends, a free user-friendly app for forward-thinking investors.
Looking For Alternative Opportunities?
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:CYL ASX:SDR and ASX:TNE.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
