ASX Growth Companies With High Insider Ownership September 2024

Simply Wall St.
23 Sep 2024

The ASX200 is trading down about half a per cent, with Consumer Staples stocks being the biggest drag on the index today due to regulatory actions against major players like Woolworths and Coles. However, sectors such as Utilities, Energy, and Tech are showing resilience with notable gains. In this fluctuating market environment, identifying growth companies with high insider ownership can offer valuable insights into potential investment opportunities. High insider ownership often signals confidence in the company's future prospects and aligns management's interests with those of shareholders.

Top 10 Growth Companies With High Insider Ownership In Australia

Name Insider Ownership Earnings Growth
Clinuvel Pharmaceuticals (ASX:CUV) 10.4% 27.4%
Catalyst Metals (ASX:CYL) 17% 54.5%
Genmin (ASX:GEN) 12% 117.7%
AVA Risk Group (ASX:AVA) 15.7% 118.8%
Pointerra (ASX:3DP) 18.7% 126.4%
Liontown Resources (ASX:LTR) 16.4% 69.4%
Hillgrove Resources (ASX:HGO) 10.4% 70.9%
Acrux (ASX:ACR) 17.4% 91.6%
Adveritas (ASX:AV1) 21.1% 144.2%
Plenti Group (ASX:PLT) 12.8% 106.4%

Click here to see the full list of 100 stocks from our Fast Growing ASX Companies With High Insider Ownership screener.

Let's dive into some prime choices out of the screener.

Flight Centre Travel Group

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Flight Centre Travel Group Limited offers travel retailing services for both leisure and corporate clients across various regions including Australia, New Zealand, the Americas, Europe, the Middle East, Africa, Asia, and internationally with a market cap of A$4.83 billion.

Operations: The company's revenue segments include A$1.35 billion from leisure travel services and A$1.11 billion from corporate travel services.

Insider Ownership: 13.5%

Flight Centre Travel Group's earnings are forecast to grow at 19.7% annually, outpacing the Australian market's 12.3%. The company reported a significant increase in net income to A$139 million from A$47 million last year. Despite trading below estimated fair value, Flight Centre is focusing on organic growth and acquisitions, particularly in the Cruise & Touring segment with sales growing over 25% year-on-year. However, its dividend track record remains unstable.

  • Delve into the full analysis future growth report here for a deeper understanding of Flight Centre Travel Group.
  • Our valuation report unveils the possibility Flight Centre Travel Group's shares may be trading at a premium.
ASX:FLT Earnings and Revenue Growth as at Sep 2024

Guzman y Gomez

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Guzman y Gomez Limited owns, operates, and franchises quick service restaurants in Australia, Singapore, Japan, and the United States with a market cap of A$4.06 billion.

Operations: The company's revenue for its quick service restaurants segment is A$364.99 million.

Insider Ownership: 13%

Guzman y Gomez reported A$342.21 million in sales for FY2024, up from A$259.04 million the previous year, but net loss widened to A$13.75 million from A$2.27 million. Despite this, revenue grew 31.9% over the past year and is forecast to grow 17.7% annually, outpacing the Australian market's average of 5.4%. The company is expected to become profitable within three years with earnings growth projected at 47.31% per year.

  • Click to explore a detailed breakdown of our findings in Guzman y Gomez's earnings growth report.
  • The valuation report we've compiled suggests that Guzman y Gomez's current price could be inflated.
ASX:GYG Earnings and Revenue Growth as at Sep 2024

Technology One

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Technology One Limited develops, markets, sells, implements, and supports integrated enterprise business software solutions in Australia and internationally with a market cap of A$7.80 billion.

Operations: The company's revenue segments include Software (A$317.24 million), Corporate (A$83.83 million), and Consulting (A$68.13 million).

Insider Ownership: 12.3%

Technology One exhibits a strong growth trajectory with forecasted annual earnings growth of 14.8%, outpacing the Australian market's 12.3%. Recent board addition, Paul Robson, brings valuable SaaS expertise, enhancing strategic transformation and operational efficiency. Despite no significant insider trading activity in the past three months, the company's return on equity is projected to reach a robust 32.7% in three years. Revenue is expected to grow at 11.5% annually, surpassing the market average of 5.4%.

  • Navigate through the intricacies of Technology One with our comprehensive analyst estimates report here.
  • Our comprehensive valuation report raises the possibility that Technology One is priced higher than what may be justified by its financials.
ASX:TNE Ownership Breakdown as at Sep 2024

Taking Advantage

  • Investigate our full lineup of 100 Fast Growing ASX Companies With High Insider Ownership right here.
  • Already own these companies? Bring clarity to your investment decisions by linking up your portfolio with Simply Wall St, where you can monitor all the vital signs of your stocks effortlessly.
  • Invest smarter with the free Simply Wall St app providing detailed insights into every stock market around the globe.

Interested In Other Possibilities?

  • 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:FLT ASX:GYG and ASX:TNE.

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

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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