The United Kingdom market has been relatively stable over the past week, but it has experienced a 7.5% increase over the past year, with earnings expected to grow by 14% annually. In this context, growth companies with high insider ownership can be appealing as they often indicate confidence from those closest to the business in its potential for future success.
Top 10 Growth Companies With High Insider Ownership In The United Kingdom
Overview: Gulf Keystone Petroleum Limited is involved in the exploration, development, and production of oil and gas in the Kurdistan Region of Iraq, with a market cap of £292.79 million.
Operations: The company's revenue is derived entirely from the exploration and production of oil and gas, amounting to $115.15 million.
Insider Ownership: 12.2%
Earnings Growth Forecast: 81.3% p.a.
Gulf Keystone Petroleum is experiencing substantial insider buying, indicating confidence in its growth prospects. The company forecasts significant revenue growth of 42.6% annually, outpacing the UK market's 3.5%. Despite a recent $20 million dividend declaration, concerns exist about its sustainability due to limited earnings coverage. Recent board changes include David Thomas as Chair and new appointments like Catherine Krajicek and Marianne Daryabegui, potentially strengthening governance amid evolving strategic goals.
Overview: Hochschild Mining plc is a precious metals company involved in the exploration, mining, processing, and sale of gold and silver across Peru, Argentina, the United States, Canada, Brazil, and Chile with a market cap of £1.05 billion.
Operations: The company's revenue segments include $266.70 million from San Jose and $451.91 million from Inmaculada, with a segment adjustment of $79.60 million.
Insider Ownership: 38.4%
Earnings Growth Forecast: 49.8% p.a.
Hochschild Mining is trading at a substantial discount to its estimated fair value, with earnings forecasted to grow significantly at 49.82% annually, surpassing the UK market's growth rate. Despite high debt levels and volatile share prices, the company has returned to profitability this year. Recent earnings reports show improved financial performance, with H1 2024 net income reaching US$39.52 million compared to a loss last year, reflecting operational resilience amid production increases in gold and silver equivalents.
Overview: TBC Bank Group PLC, with a market cap of £1.45 billion, operates through its subsidiaries to offer banking, leasing, insurance, brokerage, and card processing services to corporate and individual customers in Georgia, Azerbaijan, and Uzbekistan.
Operations: The company's revenue segments include Uzbekistan Operations, which contribute GEL 236.42 million.
Insider Ownership: 17.6%
Earnings Growth Forecast: 15.3% p.a.
TBC Bank Group is trading at a significant discount to its estimated fair value, with earnings projected to grow 15.3% annually, outpacing the UK market. The bank's revenue growth of 18.9% is also expected to surpass the market average. Recent earnings reports highlight strong financial performance, with net income rising to GEL 617.4 million for H1 2024 from GEL 537.46 million last year, though it maintains a low allowance for bad loans at 76%.
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 LSE:GKP LSE:HOC and LSE:TBCG.
