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Emerald Resources Leads Three ASX Growth Companies With High Insider Ownership

In the past year, the Australian market has shown robust growth with a 9.8% increase, while remaining stable over the last week. In this context, companies like Emerald Resources that combine high insider ownership with promising growth prospects stand out as particularly compelling for investors looking to align with the interests of core stakeholders.

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%

115.3%

Clinuvel Pharmaceuticals (ASX:CUV)

13.6%

26.7%

Biome Australia (ASX:BIO)

34.5%

114.4%

Liontown Resources (ASX:LTR)

16.4%

59.4%

Ora Banda Mining (ASX:OBM)

10.2%

92.9%

Plenti Group (ASX:PLT)

12.8%

106.4%

Hillgrove Resources (ASX:HGO)

10.4%

45.4%

Change Financial (ASX:CCA)

26.6%

76.4%

DUG Technology (ASX:DUG)

28.1%

43.2%

Click here to see the full list of 92 stocks from our Fast Growing ASX Companies With High Insider Ownership screener.

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We're going to check out a few of the best picks from our screener tool.

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$2.60 billion.

Operations: The company's revenue primarily stems from mine operations, generating A$339.32 million.

Insider Ownership: 18.5%

Return On Equity Forecast: 21% (2026 estimate)

Emerald Resources has demonstrated robust growth, with earnings up by 53.4% over the past year and forecasted to significantly increase at a rate of 23.08% annually over the next three years. Despite slower revenue growth projections at 18.6% per year compared to its profit growth, it still outpaces the general Australian market's expected 5.3% revenue increase. However, shareholder dilution occurred in the past year, and there's no recent insider trading data to suggest significant buying or selling activities.

ASX:EMR Earnings and Revenue Growth as at Jul 2024
ASX:EMR Earnings and Revenue Growth as at Jul 2024

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$4.75 billion.

Operations: The company generates revenue primarily through its leisure and corporate travel services, with the leisure segment bringing in A$1.28 billion and the corporate segment contributing A$1.06 billion.

Insider Ownership: 13.3%

Return On Equity Forecast: 22% (2026 estimate)

Flight Centre Travel Group is positioned to outperform the broader Australian market with its earnings and revenue growth forecasts at 18.8% and 9.7% per year, respectively. This performance is bolstered by a high forecast Return on Equity of 21.8% in three years, indicating efficient profitability management. Currently trading at a 30.4% discount to its estimated fair value, FLT shows potential for valuation correction despite not displaying significant insider transactions recently.

ASX:FLT Earnings and Revenue Growth as at Jul 2024
ASX:FLT Earnings and Revenue Growth as at Jul 2024

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 A$6.10 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%

Return On Equity Forecast: 33% (2027 estimate)

Technology One, a key player in the software industry, is poised for robust growth with earnings projected to increase by 14.4% annually, outpacing the Australian market's 12.9%. Its revenue is also expected to grow at 11.1% per year. The company recently strengthened its board by appointing Paul Robson, a seasoned SaaS expert, which could enhance strategic initiatives and operational efficiencies. Despite high insider ownership ensuring aligned interests with shareholders, its price-to-earnings ratio of 55.7x remains below the industry average of 60.2x, suggesting potential undervaluation.

ASX:TNE Earnings and Revenue Growth as at Jul 2024
ASX:TNE Earnings and Revenue Growth as at Jul 2024

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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:EMRASX:FLT ASX:TNE and

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com