The UK market has recently faced challenges, with the FTSE 100 closing lower due to weak trade data from China and declining commodity prices impacting major companies. Amid these turbulent times, identifying growth companies with high insider ownership can be a strategic approach, as it often signals confidence in the firm's potential and alignment of interests between management and shareholders.
Top 10 Growth Companies With High Insider Ownership In The United Kingdom
Overview: Evoke plc, with a market cap of £277.57 million, offers online betting and gaming products and solutions across the United Kingdom, Ireland, Italy, Spain, and other international markets.
Operations: Evoke's revenue segments include £514 million from Retail, £661.20 million from UK&I Online, and £516.10 million from International markets.
Insider Ownership: 20.5%
Earnings Growth Forecast: 104.9% p.a.
Evoke plc, a growth company with substantial insider ownership, is forecast to see earnings grow 104.91% annually and achieve profitability within three years. Despite recent volatility and negative equity, it trades at 88.5% below fair value estimates and has seen significant insider buying recently. Revenue growth is projected at 5.3% per year, outpacing the UK market average of 3.7%. Recent executive changes include appointing Susan Standiford as an Independent Non-Executive Director.
Overview: Hochschild Mining plc is a precious metals company involved in the exploration, mining, processing, and sale of gold and silver deposits across several countries including Peru, Argentina, the United States, Canada, Brazil, and Chile with a market cap of £962.04 million.
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: 44.6% p.a.
Hochschild Mining, with substantial insider ownership, has turned profitable this year and is forecast to see earnings grow 44.63% annually. Recent H1 2024 results show significant improvement with net income of US$39.52 million compared to a loss last year, driven by increased gold production despite a slight dip in silver output. Trading at 47.1% below estimated fair value and expected revenue growth of 5.9% per year outpaces the UK market average of 3.7%.
Overview: International Workplace Group plc, with a market cap of £1.74 billion, provides workspace solutions across the Americas, Europe, the Middle East, Africa, and the Asia Pacific.
Operations: The company's revenue segments include $1.29 billion from the Americas, $1.69 billion from Europe, the Middle East and Africa (EMEA), $400.56 million from Worka, and $341.30 million from the Asia Pacific.
Insider Ownership: 25.2%
Earnings Growth Forecast: 115.6% p.a.
International Workplace Group, with significant insider ownership, is forecast to grow earnings by 115.58% annually and become profitable within three years. Revenue is expected to rise 8.9% per year, outpacing the UK market's 3.7%. Recent H1 2024 results show net income of US$16 million compared to a loss last year. Despite strong fundamentals and record EBITDA, activist investor Buckley Capital Management urges strategic actions like share buybacks and a potential US listing to unlock value after shares fell by 50% over five years.
Already own these companies? Bring clarity to your investment decisions by linking up your portfolio with Simply Wall St, where you can monitor all the vital signs of your stocks effortlessly.
Simply Wall St is your key to unlocking global market trends, a free user-friendly app for forward-thinking investors.
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:EVOK LSE:HOC and LSE:IWG.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]