Yahoo Finance ASX Growth Leaders With High Insider Stakes July 2024
The Australian market has experienced a slight decline of 1.4% over the past week, yet it maintains a positive trajectory with a 6.5% increase over the last year and earnings expected to grow by 13% annually. In this context, growth companies with high insider ownership can be particularly compelling, as they often signal strong confidence from those closest to the company's operations and future prospects.
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% | 26.7% |
Acrux (ASX:ACR) | 14.6% | 115.3% |
Change Financial (ASX:CCA) | 26.6% | 76.4% |
Plenti Group (ASX:PLT) | 12.8% | 106.4% |
Hillgrove Resources (ASX:HGO) | 10.4% | 45.4% |
Biome Australia (ASX:BIO) | 34.5% | 114.4% |
Liontown Resources (ASX:LTR) | 16.4% | 50.8% |
Argosy Minerals (ASX:AGY) | 14.5% | 129.6% |
Chrysos (ASX:C79) | 21.3% | 63.5% |
Let's take a closer look at a couple of our picks from the screened companies.
Cettire
Simply Wall St Growth Rating: ★★★★★★
Overview: Cettire Limited operates as an online retailer of luxury goods, serving customers in Australia, the United States, and other international markets, with a market capitalization of approximately A$557.93 million.
Operations: The company generates its revenue primarily through online retail sales, amounting to A$582.79 million.
Insider Ownership: 28.7%
Cettire, an Australian growth company with high insider ownership, has shown a highly volatile share price recently. Despite this, its earnings are expected to grow by 26.7% annually, outpacing the broader Australian market's forecast of 13%. Additionally, Cettire's revenue is projected to increase by 23.6% each year. The firm became profitable this year and is trading at a significant discount—71.3% below its estimated fair value—highlighting potential for investors despite past shareholder dilution and lack of recent insider trading activity.
Get an in-depth perspective on Cettire's performance by reading our analyst estimates report here.
Upon reviewing our latest valuation report, Cettire's share price might be too pessimistic.
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$2.35 billion.
Operations: The primary revenue segment for the company is derived from mine operations, totaling A$339.32 million.
Insider Ownership: 18.5%
Emerald Resources, positioned in the Australian market, exhibits a mixed growth trajectory with its revenue expected to increase by 18.6% annually, surpassing the market average of 5.2%. Although this is below the high-growth benchmark of 20%, its earnings projection is more robust at an annual growth rate of 23.2%, which is significantly higher than the market’s 13%. Despite past shareholder dilution, Emerald's Return on Equity (ROE) is anticipated to be strong at 20.7% in three years, underscoring potential resilience and profitability enhancements ahead.
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 various regions including Australia, New Zealand, the Americas, Europe, the Middle East, Africa, and Asia, with a market capitalization of approximately A$4.54 billion.
Operations: Flight Centre Travel Group generates revenue primarily through its leisure and corporate travel services, totaling A$1.28 billion and A$1.06 billion respectively.
Insider Ownership: 13.3%
Flight Centre Travel Group, an Australian firm, has recently turned profitable and is set to outpace the market with its earnings forecasted to grow by 18.8% annually and revenue by 9.7% each year—higher than the Australian market's average of 5.2%. Despite these promising growth figures, its revenue increase doesn't meet the high-growth threshold of 20%. The company also trades at a value deemed 19.5% below its estimated fair value, suggesting potential undervaluation. No significant insider trading activity was reported in the past three months.
Dive into the specifics of Flight Centre Travel Group here with our thorough growth forecast report.
Next Steps
Dive into all 89 of the Fast Growing ASX Companies With High Insider Ownership we have identified here.
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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:CTTASX:EMR and ASX:FLT.
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