The Australian market has shown mixed performance recently, with the ASX200 closing up 0.3% at 8,099.9 points, driven by gains in the Materials and Real Estate sectors while Financials lagged behind. In this environment, identifying growth companies with high insider ownership can be crucial as it often signifies strong confidence from those closest to the business.

Top 10 Growth Companies With High Insider Ownership In Australia

Click here to see the full list of 98 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.

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$2.36 billion.

Operations: Capricorn Metals generates revenue primarily from its Karlawinda gold project, which amounted to A$359.73 million.

Insider Ownership: 11.9%

Earnings Growth Forecast: 20.2% p.a.

Capricorn Metals has demonstrated robust growth, with earnings increasing significantly over the past year and forecasts indicating continued strong performance. The company's revenue is projected to grow at 18.7% annually, outpacing the broader Australian market. Recent announcements highlight a major expansion study at the Karlawinda Gold Project, which could further enhance production capacity and resource estimates. Insider ownership remains high, aligning management's interests with shareholders and potentially driving long-term value creation.

• Click here to discover the nuances of Capricorn Metals with our detailed analytical future growth report.
• Insights from our recent valuation report point to the potential overvaluation of Capricorn Metals shares in the market.

Mineral Resources

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Mineral Resources Limited, with a market cap of A$7.47 billion, operates as a mining services company in Australia, Asia, and internationally through its subsidiaries.

Operations: Revenue Segments: The company generates revenue primarily from Mining Services (A$3.38 billion), Iron Ore (A$2.58 billion), Lithium (A$1.41 billion), Energy (A$16 million), and Other Commodities (A$19 million).

Insider Ownership: 11.7%

Earnings Growth Forecast: 38.7% p.a.

Mineral Resources has seen mixed financial performance, with net profit margins declining from 5.1% to 2.4%. Despite this, insider buying has outpaced selling over the past three months. The company is forecasted to achieve significant annual earnings growth of 38.7%, surpassing the Australian market's average of 12.3%. However, revenue growth is expected at a modest 7.3% annually. Recent earnings reported A$125 million in net income for FY2024, down from A$243 million last year.

• Get an in-depth perspective on Mineral Resources' performance by reading our analyst estimates report here.
• The valuation report we've compiled suggests that Mineral Resources' current price could be inflated.

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$1.78 billion.

Operations: Revenue from the development, manufacturing, and commercialization of NovoSorb Technology is A$103.23 million.

Insider Ownership: 10.3%

Earnings Growth Forecast: 38.3% p.a.

PolyNovo has demonstrated strong financial performance, becoming profitable this year with net income of A$5.26 million compared to a net loss last year. The company’s earnings are forecast to grow significantly at 38.3% annually, outpacing the Australian market's average growth rate. Despite trading below its estimated fair value, PolyNovo's revenue is expected to grow slower than 20% per year but still faster than the market average. Recent collaborations and increased sales highlight its growth potential.

• Delve into the full analysis future growth report here for a deeper understanding of PolyNovo.
• Our valuation report here indicates PolyNovo may be overvalued.

Turning Ideas Into Actions

• Reveal the 98 hidden gems among our Fast Growing ASX Companies With High Insider Ownership screener with a single click here.
• Have a stake in these businesses? Integrate your holdings into Simply Wall St's portfolio for notifications and detailed stock reports.
• Unlock the power of informed investing with Simply Wall St, your free guide to navigating stock markets worldwide.

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:CMM ASX:MIN and ASX:PNV.

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