In a global market environment marked by geopolitical tensions and unexpected economic data, investors are navigating a complex landscape where oil prices have surged due to Middle East conflicts, and U.S. job gains have provided some buoyancy to stocks. Amid these conditions, identifying growth companies with substantial insider ownership can offer insights into potential resilience and confidence in future prospects.
Top 10 Growth Companies With High Insider Ownership
Overview: John Keells Holdings PLC is a diversified conglomerate engaged in transportation, consumer foods, retail, leisure, property, and financial services across Sri Lanka and internationally with a market cap of LKR283.99 billion.
Operations: The company's revenue is derived from several segments: LKR125.73 billion from retail, LKR47.69 billion from leisure, LKR1.97 billion from property, LKR36.84 billion from consumer foods, LKR52.79 billion from transportation, and LKR19.19 billion from financial services.
Insider Ownership: 11.8%
John Keells Holdings demonstrates potential as a growth-focused entity with high insider ownership, despite recent financial setbacks. Earnings are forecast to grow significantly at 77.7% annually over the next three years, outpacing the local market's 35.7%. Revenue is also expected to rise by 22.3% per year, surpassing market averages. Recent shareholder activities include a rights issue and share subdivision proposal aimed at capital restructuring, although past shareholder dilution remains a concern.
Overview: MLP Saglik Hizmetleri A.S. operates healthcare services in Turkey, Azerbaijan, and Hungary with a market cap of TRY67.09 billion.
Operations: The company's revenue is primarily derived from its Healthcare Facilities & Services segment, totaling TRY25.77 billion.
Insider Ownership: 15%
MLP Saglik Hizmetleri shows promise with significant insider ownership, although recent earnings growth has been modest. The company reported TRY 16.33 billion in sales for the first half of 2024, up from TRY 13.01 billion a year earlier, with net income increasing to TRY 1.79 billion. Earnings are expected to grow at a significant rate of 24.53% annually over three years, though slower than the Turkish market average, while revenue is forecasted to outpace it at 30.6%.
Overview: iFAST Corporation Ltd. operates as a provider of investment products and services across Singapore, Hong Kong, Malaysia, China, and the United Kingdom with a market capitalization of SGD2.27 billion.
Operations: Revenue Segments (in millions of SGD): Investment products and services in Singapore contributed 64.50, Hong Kong 45.30, Malaysia 25.20, China 15.10, and the United Kingdom 10.80 to the company's revenue streams.
Insider Ownership: 28.7%
iFAST Corporation Ltd. demonstrates strong growth potential with substantial insider ownership, evidenced by a remarkable 425% earnings increase over the past year. Recent financial results show significant improvement, with Q2 2024 revenue at S$93.75 million and net income at S$16.03 million. Despite a forecasted annual profit growth of 19.2%, slightly below significant levels, it surpasses the Singapore market average of 10.4%. The company also declared an interim dividend of S$0.015 per share in August 2024.
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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 COSE:JKH.N0000 IBSE:MPARK and SGX:AIY.
