Over the last 7 days, the Australian market has dropped 1.3%. In contrast to the last week, the market is up 11% 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 it often indicates confidence in long-term prospects and alignment of interests between management and shareholders.

Top 10 Growth Companies With High Insider Ownership In Australia

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.

Aussie Broadband

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Aussie Broadband Limited provides telecommunications and technology services in Australia, with a market cap of A$1.12 billion.

Operations: The company's revenue segments comprise Business (A$96.97 million), Wholesale (A$159.73 million), Residential (A$585.07 million), Symbio Group (A$69.93 million), and Enterprise and Government (A$88.04 million).

Insider Ownership: 10.8%

Earnings Growth Forecast: 27.3% p.a.

Aussie Broadband's earnings are forecast to grow 27.3% annually, significantly outpacing the Australian market's 12.1%. Despite a recent year-over-year revenue increase to A$999.75 million and net income growth to A$26.38 million, the company has experienced shareholder dilution and its Return on Equity is projected to be low at 10.8%. Notably, insider ownership remains high with no substantial insider trading in the past three months.

• Delve into the full analysis future growth report here for a deeper understanding of Aussie Broadband.
• Insights from our recent valuation report point to the potential overvaluation of Aussie Broadband shares in the market.

Cettire

Simply Wall St Growth Rating: ★★★★★☆

Overview: Cettire Limited operates an online luxury goods retailing business in Australia, the United States, and internationally, with a market cap of A$652.31 million.

Operations: Revenue from online retail sales amounts to A$742.26 million.

Insider Ownership: 34.1%

Earnings Growth Forecast: 29.0% p.a.

Cettire's earnings are forecast to grow 29% annually, well above the Australian market's 12.1%. Despite a recent dip in profit margins from 3.8% to 1.4%, insider ownership remains high with no substantial insider selling in the past three months and significant insider buying. The company trades at a notable discount of 42.5% below its estimated fair value, and revenue is expected to grow faster than the market at 16.1% per year, supported by strong financial guidance for Q1 FY2025.

• Get an in-depth perspective on Cettire's performance by reading our analyst estimates report here.
• According our valuation report, there's an indication that Cettire's share price might be on the expensive side.

Nanosonics

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Nanosonics Limited, with a market cap of A$1.08 billion, operates as a global infection prevention company.

Operations: Nanosonics generates revenue of A$170.01 million from its Healthcare Equipment segment.

Insider Ownership: 15.1%

Earnings Growth Forecast: 23.2% p.a.

Nanosonics is expected to see significant annual earnings growth of 23.15%, outpacing the Australian market's 12.1%. Despite a drop in profit margins from 12% to 7.6% and reporting a net income decrease to A$12.97 million for FY2024, insider ownership remains substantial with no recent insider trading activity. Trading at nearly 30% below its estimated fair value, Nanosonics' revenue is forecasted to grow faster than the market at 8.7% annually.

• Take a closer look at Nanosonics' potential here in our earnings growth report.
• Our comprehensive valuation report raises the possibility that Nanosonics is priced higher than what may be justified by its financials.

Summing It All Up

• Dive into all 97 of the Fast Growing ASX Companies With High Insider Ownership we have identified here.
• Are any of these part of your asset mix? Tap into the analytical power of Simply Wall St's portfolio to get a 360-degree view on how they're shaping up.
• Maximize your investment potential with Simply Wall St, the comprehensive app that offers global market insights for free.

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:ABB ASX:CTT and ASX:NAN.

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