Top High Growth ASX Stocks This Month

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Investors tend to look for stocks that have a strong future outlook. Why invest in something that will grow slower than the rest of the market? In terms of profitability and returns, stocks such as Bingo Industries and Experience Co are expected to outperform its peers in the future. I would suggest taking a look at my list of companies that compare favourably in all criteria, and consider whether they would add value to your current portfolio.

Bingo Industries Limited (ASX:BIN)

Bingo Industries Limited, together with its subsidiaries, provides waste management solutions for domestic and commercial businesses in Australia. Established in 2017, and run by CEO Daniel Tartak, the company now has 742 employees and has a market cap of AUD A$1.10B, putting it in the small-cap group.

BIN’s projected future profit growth is a robust 23.43%, with an underlying 80.55% growth from its revenues expected over the upcoming years. Profit growth, coupled with top-line expansion, is a positive indication. This is because net income isn’t artificially inflated by unsustainable activities such as one-off cost-reductions expected in the future. We see this bottom-line expansion directly benefiting shareholders, with expected return on equity coming in at a notable 22.49%. BIN ticks the boxes for high-growth generation on all levels of line items, which makes it an appealing stock to dig into deeper. Interested to learn more about BIN? Check out its fundamental factors here.

ASX:BIN Future Profit May 1st 18
ASX:BIN Future Profit May 1st 18

Experience Co Limited (ASX:EXP)

Experience Co Limited, an adventure tourism and leisure company, provides tandem skydiving services. Established in 1998, and run by CEO Anthony Ritter, the company employs 200 people and with the company’s market capitalisation at AUD A$325.15M, we can put it in the small-cap stocks category.

EXP is expected to deliver a buoyant earnings growth over the next couple of years of 36.09%, bolstered by an equally impressive revenue growth of 69.79%. It appears that EXP’s profitability may be sustainable as the fundamental push is top-line expansion rather than unmaintainable cost-cutting activities. This prospective profitability should trickle down to shareholders, with analysts expecting the company to generate a positive return on equity of 13.28%. EXP ticks the boxes for high-growth generation on all levels of line items, which makes it an appealing stock to dig into deeper. Should you add EXP to your portfolio? Check out its fundamental factors here.

ASX:EXP Future Profit May 1st 18
ASX:EXP Future Profit May 1st 18

Kogan.Com Limited (ASX:KGN)

Kogan.Com Limited operates as an online retailer in Australia and internationally. Kogan.Com was established in 2006 and has a market cap of AUD A$726.28M, putting it in the small-cap stocks category.

KGN is expected to deliver a buoyant earnings growth over the next couple of years of 40.07%, bolstered by an equally impressive revenue growth of 66.03%. Profit growth, coupled with top-line expansion, is a positive indication. This is because net income isn’t artificially inflated by unsustainable activities such as one-off cost-reductions expected in the future. We see this bottom-line expansion directly benefiting shareholders, with expected return on equity coming in at a notable 44.65%. KGN’s bullish prospects on both the top and bottom lines make it an interesting stock to invest more time to understand how it can add value to your portfolio. Should you add KGN to your portfolio? I recommend researching its fundamentals here.

ASX:KGN Future Profit May 1st 18
ASX:KGN Future Profit May 1st 18

For more financially robust companies with high growth potential to enhance your portfolio, explore this interactive list of fast growing companies.


To help readers see pass the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price sensitive company announcements.

The author is an independent contributor and at the time of publication had no position in the stocks mentioned.

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