ASX Growth Companies With High Insider Ownership For September 2024

Simply Wall St.
2024-09-12

Over the last 7 days, the Australian market has dropped 1.3%, but it is up 10% over the past year with earnings expected to grow by 12% per annum over the next few years. In this context, identifying growth companies with high insider ownership can be particularly valuable as these stocks often reflect strong internal confidence and alignment with shareholder interests.

Top 10 Growth Companies With High Insider Ownership In Australia

Name Insider Ownership Earnings Growth
Hartshead Resources (ASX:HHR) 13.9% 102.6%
Clinuvel Pharmaceuticals (ASX:CUV) 13.6% 27.4%
Catalyst Metals (ASX:CYL) 17% 61.8%
AVA Risk Group (ASX:AVA) 15.7% 118.8%
Pointerra (ASX:3DP) 18.7% 126.4%
Liontown Resources (ASX:LTR) 16.4% 69.7%
Acrux (ASX:ACR) 14.6% 91.6%
Hillgrove Resources (ASX:HGO) 10.4% 70.5%
Adveritas (ASX:AV1) 21.1% 144.2%
Plenti Group (ASX:PLT) 12.8% 106.4%

Click here to see the full list of 97 stocks from our Fast Growing ASX Companies With High Insider Ownership screener.

Here's a peek at a few of the choices from the screener.

Alpha HPA

Simply Wall St Growth Rating: ★★★★★☆

Overview: Alpha HPA Limited is a specialty metals and technology company with a market cap of A$1.02 billion.

Operations: Alpha HPA's revenue segments include the HPA First Project, which generated A$0.04 million.

Insider Ownership: 17.3%

Earnings Growth Forecast: 44.7% p.a.

Alpha HPA is forecast to achieve substantial revenue growth of 96.8% per year, significantly outpacing the Australian market's average. Despite a net loss of A$24.98 million for FY2024, the company is expected to become profitable within three years. Insider ownership remains high with no significant insider trading in recent months. However, shareholders have faced dilution over the past year due to equity offerings totaling A$5.32 million in June 2024.

  • Dive into the specifics of Alpha HPA here with our thorough growth forecast report.
  • The analysis detailed in our Alpha HPA valuation report hints at an inflated share price compared to its estimated value.
ASX:A4N Ownership Breakdown as at Sep 2024

Mineral Resources

Simply Wall St Growth Rating: ★★★★★☆

Overview: Mineral Resources Limited, with a market cap of A$5.91 billion, operates as a mining services company in Australia, Asia, and internationally through its subsidiaries.

Operations: The company's revenue segments include Energy (A$16 million), Lithium (A$1.41 billion), Iron Ore (A$2.58 billion), Mining Services (A$3.38 billion), and Other Commodities (A$19 million).

Insider Ownership: 11.7%

Earnings Growth Forecast: 40.3% p.a.

Mineral Resources reported A$5.28 billion in sales for FY2024, up from A$4.78 billion a year ago, but net income dropped to A$125 million from A$243 million. Despite this decline, the company is expected to see significant annual earnings growth of 40.3% over the next three years, outpacing the market average of 12.2%. Insider ownership remains high with more shares bought than sold recently, supporting confidence in its long-term prospects.

  • Navigate through the intricacies of Mineral Resources with our comprehensive analyst estimates report here.
  • Our expertly prepared valuation report Mineral Resources implies its share price may be too high.
ASX:MIN Earnings and Revenue Growth as at Sep 2024

PolyNovo

Simply Wall St Growth Rating: ★★★★★☆

Overview: PolyNovo Limited designs, manufactures, and sells biodegradable medical devices in the United States, Australia, New Zealand, and internationally with a market cap of A$1.67 billion.

Operations: The company's revenue segment includes A$103.23 million from the development, manufacturing, and commercialization of the NovoSorb technology.

Insider Ownership: 10.3%

Earnings Growth Forecast: 37.6% p.a.

PolyNovo's revenue grew to A$104.76 million for FY2024 from A$66.54 million the previous year, with net income reaching A$5.26 million compared to a loss of A$4.92 million last year. The company has become profitable this year and is forecasted to see significant annual earnings growth of 37.6% over the next three years, outpacing the Australian market average of 12.2%. High insider ownership signals strong internal confidence in its growth trajectory.

  • Delve into the full analysis future growth report here for a deeper understanding of PolyNovo.
  • In light of our recent valuation report, it seems possible that PolyNovo is trading beyond its estimated value.
ASX:PNV Earnings and Revenue Growth as at Sep 2024

Make It Happen

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Curious About Other Options?

  • 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:A4N ASX:MIN and ASX:PNV.

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