ASX growth shares are a great place to invest because of how much capital growth they can deliver.
Capital growth may be preferable to dividends because it’s only taxed when someone sells. That can help wealth building considerably for full-time earners.
Here are two ASX growth shares I’m expecting big things from over the next five to ten years.
Betashares Global Cybersecurity ETF (ASX: HACK)
Cybersecurity could prove to be one of the biggest issues to solve in the coming years.
The world is becoming increasingly digital in areas like banking, shopping, government services, work, intellectual property and so on. It’s integral to protect users from cybercriminals and losing their data or being hacked.
The HACK ETF enables investors to buy into an exchange-traded fund (ETF) that invests in global leaders and emerging players in the sector.
Some of its biggest holdings include Infosys, Cisco Systems, Palo Alto Networks, Crowdstrike, Broadcom, Thales, Akamai Technologies, Cloudflare, Okta and Fortinet.
Increasing global demand for cybersecurity services should lead to rising revenue and earnings collectively for the businesses involved. That should help the HACK ETF deliver returns, which has been an average of 13.4% per year over the last five years. Time will tell how good the returns are in the coming years, but the signs are promising.
Guzman Y Gomez Ltd (ASX: GYG)
GYG is one of the fastest growing quick service restaurant (QSR) businesses in Australia. The ASX growth share looking to add at least 30 restaurants to its network annually.
More restaurants makes it easier to reach customers in existing cities and new towns. It should also help grow margins as non-variable costs will become a smaller percentage of revenue.
The business is growing total network sales at close to 20% year on year at the moment. I’m particularly intrigued to see what it can accomplish overseas.
In the first quarter of FY26, Japanese and Singapore network sales rose by 29% to $20.8 million and US network sales grew by 65% to $4.3 million. If network sales in those countries continues growing at more than 20% per year, they could become sizeable contributors to the ASX share.
It could also be beneficial that the business has signed an exclusive delivery partnership with Uber Eats that is on improved commercial terms.
With mid-single digit comparable restaurant network sales growth, an expanding network and the regular release of new items, I think this ASX share has significant growth potential over the coming years.
