Top KRX Growth Companies With High Insider Ownership September 2024

Simply Wall St · 09/29 21:01

Consumer sentiment in South Korea softened slightly in September, with the Composite Consumer Sentiment Index (CCSI) dipping to 100.0 from 100.8 in August, according to the Bank of Korea. In this context of cautious optimism and stable economic outlooks, growth companies with high insider ownership can offer a compelling investment opportunity due to their potential for strong alignment between management and shareholder interests.

Top 10 Growth Companies With High Insider Ownership In South Korea

Name Insider Ownership Earnings Growth
People & Technology (KOSDAQ:A137400) 16.4% 35.6%
Seojin SystemLtd (KOSDAQ:A178320) 30.5% 52.1%
Bioneer (KOSDAQ:A064550) 15.8% 97.6%
ALTEOGEN (KOSDAQ:A196170) 26.6% 99.5%
Oscotec (KOSDAQ:A039200) 26.1% 122%
Vuno (KOSDAQ:A338220) 19.5% 110.9%
HANA Micron (KOSDAQ:A067310) 18.3% 100.3%
Park Systems (KOSDAQ:A140860) 33% 35.6%
UTI (KOSDAQ:A179900) 33.1% 134.6%
Techwing (KOSDAQ:A089030) 18.7% 83.6%

Click here to see the full list of 88 stocks from our Fast Growing KRX Companies With High Insider Ownership screener.

We're going to check out a few of the best picks from our screener tool.

JUSUNG ENGINEERINGLtd (KOSDAQ:A036930)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: JUSUNG ENGINEERING Co.,Ltd. manufactures and sells semiconductor, display, solar, and lighting equipment in South Korea and internationally, with a market cap of ₩1.28 billion.

Operations: The company's revenue segments include Semiconductor Equipment and Services, which generated ₩338.28 million.

Insider Ownership: 36.9%

Revenue Growth Forecast: 21.7% p.a.

JUSUNG ENGINEERING Ltd. shows promising growth potential with revenue expected to grow at 21.7% per year, outpacing the South Korean market's 10.5%. Despite earnings forecasted to grow significantly at 21% annually, this is slower than the market average of 29.3%. The stock trades at a notable discount of 34.1% below its estimated fair value, though its return on equity is projected to be low at 18.1% in three years.

KOSDAQ:A036930 Ownership Breakdown as at Sep 2024
KOSDAQ:A036930 Ownership Breakdown as at Sep 2024

Enchem (KOSDAQ:A348370)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Enchem Co., Ltd. manufactures and sells electrolytes and additives for secondary batteries and EDLC, with a market cap of ₩4.23 trillion.

Operations: Revenue from electronic components and parts for Enchem Co., Ltd. amounts to ₩348.75 billion.

Insider Ownership: 19.4%

Revenue Growth Forecast: 63% p.a.

Enchem is poised for strong growth, with revenue forecasted to increase by 63% annually, significantly outpacing the South Korean market's 10.5%. Earnings are expected to grow at a robust rate of 155.2% per year and the company is anticipated to become profitable within three years, surpassing average market growth. Despite recent volatility in its share price and past shareholder dilution, insider ownership remains high, indicating confidence in its future prospects.

KOSDAQ:A348370 Earnings and Revenue Growth as at Sep 2024
KOSDAQ:A348370 Earnings and Revenue Growth as at Sep 2024

HYBE (KOSE:A352820)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: HYBE Co., Ltd. operates in music production, publishing, and artist development and management with a market cap of ₩7.20 trillion.

Operations: The company's revenue segments include Label (₩1.28 trillion), Platform (₩361.12 million), and Solution (₩1.24 trillion).

Insider Ownership: 32.5%

Revenue Growth Forecast: 14.0% p.a.

HYBE's earnings are projected to grow 42.23% annually, significantly outpacing the South Korean market's 29.3%. The stock is trading at 26.2% below its estimated fair value, with revenue expected to grow by 14% per year. However, recent earnings reports show a decline in net income and basic earnings per share compared to the previous year. A completed buyback of 150,000 shares for KRW 26 billion may help stabilize the stock price.

KOSE:A352820 Ownership Breakdown as at Sep 2024
KOSE:A352820 Ownership Breakdown as at Sep 2024

Taking Advantage

Ready For A Different Approach?

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.