As the Canadian market continues to navigate a landscape shaped by evolving economic trends, investors are increasingly focused on identifying growth opportunities that align with their long-term financial goals. In this context, companies with high insider ownership often stand out as they can indicate confidence in the company's potential and alignment of interests between management and shareholders.
Top 10 Growth Companies With High Insider Ownership In Canada
Overview: Green Thumb Industries Inc. is involved in the manufacturing, distribution, marketing, and sale of cannabis products for both medical and adult use in the United States, with a market cap of CA$2.74 billion.
Operations: The company's revenue segments include $823.68 million from retail and $619.12 million from consumer packaged goods.
Insider Ownership: 10.1%
Green Thumb Industries demonstrates strong growth potential as its earnings are expected to increase significantly, outpacing the Canadian market. The company has become profitable this year, with revenue forecasted to grow faster than the market average. Despite a low future Return on Equity projection, insider activity shows more buying than selling recently. Green Thumb continues expanding its retail presence with new dispensaries and is actively pursuing strategic acquisitions, supported by a solid balance sheet and recent debt refinancing.
Overview: First National Financial Corporation, with a market cap of CA$2.47 billion, operates in Canada where it originates, underwrites, and services commercial and residential mortgages through its subsidiaries.
Operations: The company's revenue segments include CA$215.53 million from commercial mortgages and CA$423.75 million from residential mortgages in Canada.
Insider Ownership: 38.4%
First National Financial shows moderate growth potential with earnings forecasted to grow at 15.86% annually, slightly above the Canadian market average. The company benefits from substantial insider buying recently, indicating confidence in its prospects. Although revenue growth is expected to be slower than 20% per year, it still surpasses the broader market's pace. Despite a dip in recent quarterly earnings, First National maintains a reliable dividend yield and trades below estimated fair value, attracting investor interest.
Overview: Robex Resources Inc. is involved in the exploration, development, and production of gold in West Africa with a market cap of CA$392.99 million.
Operations: The company generates revenue from its mining operations, specifically through the production of gold, amounting to CA$152.71 million.
Insider Ownership: 28.2%
Robex Resources demonstrates strong growth potential with forecasted revenue growth of 51% annually, significantly outpacing the Canadian market. The company is expected to become profitable within three years, reflecting robust earnings growth projections. Despite recent shareholder dilution, Robex trades at a substantial discount to its estimated fair value and presents good relative value compared to peers. Recent earnings reports show improved quarterly net income, and ongoing development at the Kiniero Gold Project supports future expansion prospects.
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 CNSX:GTII TSX:FN and TSXV:RBX.
