As global markets celebrate the prospect of upcoming interest rate cuts, with major indices like the Dow Jones Industrial Average and S&P 500 moving toward record highs, investors are increasingly on the lookout for promising growth opportunities. In this favorable environment, companies with high insider ownership often stand out as they signal strong confidence from those who know the business best.
Top 10 Growth Companies With High Insider Ownership
Overview: EZTEC Empreendimentos e Participações S.A. (BOVESPA:EZTC3) is a Brazilian real estate company with a market cap of R$3.23 billion, focusing on residential and commercial property development and sales.
Operations: Revenue from EZTEC Empreendimentos e Participações S.A. is derived from R$19.10 million in commercial property and R$1.23 billion in residential property segments.
Insider Ownership: 17%
Earnings Growth Forecast: 22.7% p.a.
EZTEC Empreendimentos e Participações shows strong growth potential with earnings forecasted to grow significantly at 22.69% annually, outpacing the Brazilian market's 14.5%. Revenue is expected to increase by 12.7% per year, faster than the market average of 7.8%. Recent earnings reports indicate solid performance, with net income rising to R$88.66 million in Q2 2024 from R$75.33 million a year ago and EPS increasing from R$0.35 to R$0.41.
Overview: PT Merdeka Copper Gold Tbk operates in the mining industry in Indonesia and has a market cap of IDR56.62 trillion.
Operations: Revenue segments for PT Merdeka Copper Gold Tbk include mining operations in Indonesia.
Insider Ownership: 11.1%
Earnings Growth Forecast: 99.8% p.a.
Merdeka Copper Gold is forecast to grow earnings by 99.84% annually and become profitable within three years, outpacing market expectations. Revenue growth at 16.9% per year is faster than the Indonesian market's 9.3%. Despite a recent net loss of US$15.23 million in Q1 2024, sales surged to US$541.05 million from US$214.21 million a year earlier, indicating strong revenue momentum amid high insider ownership and recent fixed-income offerings totaling IDR 1.97 trillion.
Overview: Asia Aviation Public Company Limited provides airline services in Thailand and has a market cap of THB30.58 billion.
Operations: Asia Aviation generates revenue primarily from scheduled flight operations (THB47.29 billion) and charter flight operations (THB110.68 million).
Insider Ownership: 17.9%
Earnings Growth Forecast: 54.7% p.a.
Asia Aviation's earnings are forecast to grow 54.7% annually, significantly outpacing the Thai market's 14.9%. Despite recent shareholder dilution and interest payments not being well covered by earnings, the company became profitable this year with Q2 net income of THB 84.07 million compared to a net loss last year. Sales for the quarter increased to THB 11,485.1 million from THB 10,036.49 million a year ago, reflecting strong revenue momentum amid high insider ownership expectations.
Hold shares in these firms? Setup your portfolio in Simply Wall St to seamlessly track your investments and receive personalized updates on your portfolio's performance.
Invest smarter with the free Simply Wall St app providing detailed insights into every stock market around the globe.
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 BOVESPA:EZTC3 IDX:MDKA and SET:AAV.
