Three growth stocks on the TSX with insider ownership up to 39%

Against a backdrop of volatile consumer sentiment and uneven economic pressures, the Canadian market presents a complex landscape for investors. In this environment, growth companies with high levels of insider trading on the TSX stand out as potentially resilient choices given their management’s vested interest in the company’s performance.

Top 10 Insider Growing Companies in Canada

Name	Confidential property	Profit growth
Vox Royalty (TSX:VOXR)	12.3%	58.7%
Payment (TSX:PAY)	15%	46.7%
goeasy (TSX:GSY)	21.5%	15.8%
Propel Holdings (TSX:PRL)	40%	36.4%
Allied Gold (TSX:AAUC)	22.5%	73.7%
Aritzia (TSX:ATZ)	19.1%	51.2%
Aya Gold & Silver (TSX:AYA)	10.3%	51.6%
Ivanhoe Mines (TSX:IVN)	13.1%	64.7%
Silver Mining X (TSXV:AGX)	14.2%	144.2%
Almonty Industries (TSX:AII)	12.3%	105%

Click here to see the full list of 29 stocks in our screener of high-growth TSX companies with high insider ownership.

Let’s look at some of the top choices from the screening screen.

Just an assessment of Wall St’s growth: ★★★★★☆☆

Overview: Colliers International Group Inc. is a global professional services commercial real estate and investment management company with a market capitalization of approximately C$7.50 billion.

Operations: Colliers International Group’s revenues are primarily from the Americas at C$2.53 billion, followed by Europe, Middle East and Africa at C$730.10 million, Asia Pacific at C$616.58 million, and services investment management contribute C$489.23 million.

Confidential property: 14.2%

Colliers International Group, trading 56.1% below estimated fair value, is showing a promising 38.34% annual earnings growth forecast over the next three years, beating the 14.6% expected for the Canadian market. However, the 9.5% annual revenue growth forecast is modest compared to industry giants and comes amid concerns that debt will not be well-covered by operating cash flow. Recent moves include a significant role in the marketing and potential financing or sale of a major Mississippi property, underscoring its active involvement in significant projects despite leverage issues.

Simply Wall St’s Growth Rating: ★★★★★☆

Overview: goeasy Ltd. operates in Canada, offering non-prime leasing and lending services through its easyhome, easyfinancial and LendCare brands, and has a market capitalization of C$3.18 billion.

Operations: The Company generates revenue primarily through its easyhome and easyfinancial segments, which total CAD153.99 million and CAD1.17 billion, respectively.

Internal property: 21.5%

goeasy Ltd., which is trading 37.8% below estimates, is poised for significant growth, with earnings expected to increase 15.8% annually, exceeding the Canadian market forecast of 14.6%. However, the dividend coverage and debt situation is a concern as dividends are not well supported by cash flow and debt is poorly covered by operating cash flow. The latest executive appointments are aimed at strengthening strategic direction and operational efficiency across financial services departments.

Simply Wall St Growth Rating: ★★★★★☆

Overview: Propel Holdings Inc. is a financial technology company with a market capitalization of approximately C$774.40 million.

Operations: The company generates revenue of C$347.37 million from providing loan-related services to borrowers, banks and other institutions.

Confidential property: 40%

Propel Holdings has demonstrated strong growth, with earnings increasing 79.4% over the past year, and this trend is expected to continue, forecasting annual earnings growth of 36.44% and revenue growth of 22.7% annually, which exceeds Canadian market forecasts of 14.6% and 7.2% respectively. Despite these positive indicators, there are concerns about the sustainability of the dividend, as dividends are not well covered by cash flow and interest payments are poorly covered by profits. Moreover, while there has been significant recent insider purchasing, there have been no significant share purchases in the last three months.

To sum it all up

Are you interested in other possibilities?

This article by Simply Wall St is for general information purposes only. We comment based on historical data and analyst forecasts, using only an unbiased methodology, and our articles are not intended to provide financial advice. It is not a recommendation to buy or sell stocks and does not take into account your objectives or financial situation. Our goal is to provide you with long-term, focused analysis based on fundamental data. Please 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 of the stocks mentioned. The analysis only includes shares directly held by insiders. It does not include shares held indirectly through other entities such as corporate and/or trust entities. All projected revenue and earnings growth rates are provided as annual growth rates over a 1-3 year period.

Have feedback on this article? Concerned about the content? Contact us directly. Alternatively, email [email protected]