Capricorn Metals And 2 High Growth ASX Stocks With Strong Insider Ownership

The ASX200 has been navigating a relatively stable path, down just 0.3% despite global market volatility and local economic debates. Amidst this backdrop, identifying growth companies with high insider ownership can be particularly advantageous, as these stocks often signal strong confidence from those closest to the company.

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%

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

Let's review some notable picks from our screened stocks.

Capricorn Metals

Simply Wall St Growth Rating: ★★★★★☆

Overview: Capricorn Metals Ltd is an Australian company focused on the evaluation, exploration, development, and production of gold properties, with a market cap of A$2.14 billion.

Operations: Capricorn Metals Ltd generates revenue primarily from its Karlawinda gold operations, amounting to A$356.94 million.

Insider Ownership: 12.3%

Revenue Growth Forecast: 13.6% p.a.

Capricorn Metals, a growth company with high insider ownership in Australia, is expected to see significant annual earnings growth of 27% over the next three years, outpacing the market's 12.9%. Despite trading at 57.3% below its estimated fair value and having a forecasted high return on equity of 32.5%, its profit margins have declined from last year due to large one-off items. Revenue is projected to grow at 13.6% per year, faster than the market's 4.9%.

• Navigate through the intricacies of Capricorn Metals with our comprehensive analyst estimates report here.

• Our expertly prepared valuation report Capricorn Metals implies its share price may be too high.

ASX:CMM Earnings and Revenue Growth as at Aug 2024

Qualitas

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Qualitas (ASX:QAL) is a real estate investment firm specializing in direct investments across various real estate classes and geographies, distressed debt acquisitions and restructuring, third-party capital raising, and consulting services, with a market cap of A$690.90 million.

Operations: Qualitas generates revenue through its Direct Lending segment, which brought in A$27.58 million, and its Funds Management segment, contributing A$19.32 million.

Insider Ownership: 27.1%

Revenue Growth Forecast: 15.4% p.a.

Qualitas, with substantial insider ownership, is forecast to see significant annual earnings growth of 25.18%, outpacing the Australian market's 12.9%. Despite its revenue growing slower than 20% per year at 15.4%, it still exceeds the market's average of 4.9%. The stock trades below analyst price targets, suggesting potential upside. However, its dividend yield of 3.48% is not well covered by earnings and return on equity is forecasted to be low at 9.3% in three years. Recent executive changes include the cessation of Michael Schoenfeld as director on June 30, 2024.

• Click to explore a detailed breakdown of our findings in Qualitas' earnings growth report.

• Our valuation report here indicates Qualitas may be overvalued.

ASX:QAL Ownership Breakdown 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$6.76 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%

Revenue Growth Forecast: 11.5% p.a.

Technology One, a growth company with high insider ownership, reported half-year revenue of A$240.83 million and net income of A$48 million, reflecting consistent growth. Earnings per share increased to A$0.1475 from A$0.1273 year-over-year. Forecasts predict annual earnings growth of 14.79%, outpacing the Australian market's 12.9%. Recent board addition Paul Robson brings extensive SaaS expertise, likely aiding in strategic transformation and operational efficiency as the company continues its global expansion efforts in cloud-based solutions.

• Delve into the full analysis future growth report here for a deeper understanding of Technology One.

• Insights from our recent valuation report point to the potential overvaluation of Technology One shares in the market.

ASX:TNE Ownership Breakdown as at Aug 2024

Make It Happen

• Get an in-depth perspective on all 90 Fast Growing ASX Companies With High Insider Ownership by using our screener here.

• Got skin in the game with these stocks? Elevate how you manage them by using Simply Wall St's portfolio, where intuitive tools await to help optimize your investment outcomes.

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Want To Explore Some Alternatives?

• 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:QAL and ASX:TNE.

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