Small caps usually cost less than their larger peers. While they can have quick surges of growth, they can go down just as easily through shareholder selling or dilutions through capital raises.

But there are around 140 small caps that cost $1 or more per share and the saying, “You get what you pay for”, rings true here.

In the last 12 months, these stocks have had an average gain of 32 percent.

In contrast, all remaining small caps with share prices under $1 lost nearly 27 percent.

While indeed some stocks over $1 have risen from below the threshold, others have been above and continued to grow. The most 10 expensive small caps gained an average of 95 percent between them.

Here’s a table of the most 10 expensive small caps

Code Company Name Price 1 year return Market Cap
SFC Schaffer Corporation $14.10 18.1% $194,985,664.00
EMB Embelton $12.05 -6.0% $26,002,092.00
SSL Sietel $7.10 19.3% $56,853,036.00
CGL Citadel Group $6.79 -1.1% $334,470,272.00
ONT 1300 Smiles $6.15 -3.2% $145,622,064.00
GZL Gazal Corp $6.06 217.4% $270,806,336.00
ELO Elmo Software $5.96 5.5% $378,762,432.00
PAC Pacific Current Group $5.51 -17.8% $264,891,568.00
ABA Auswide Bank $5.32 6.0% $224,410,816.00
WLL Wellcom Group $5.25 16.0% $207,766,784.00

Looking at the entire market, 7 of the top 9 small cap performers across the entire ASX are $1 or more. The biggest winner in the last 12 months is Bidenergy (ASX: BID), which has skyrocketed 720 percent.

The company offers a subscription software which monitors electricity bills and alerts its customers to lower rates available, allowing them to switch. It services consumers and a wide variety of organisations from Singaporean telco Singtel to the Salvation Army.

The second biggest winner, Purifloh (ASX: PO3), first climbed above $1 when an American businessman paid $2.40 per share when the company was only 50 cents per share. But it has continued to rise since and is now $3.51, 513 percent above its price one year ago.

Among the other substantial gainers were City Chic Collective (ASX: CCX), Cape Range Resources (ASX: CAG), Quattro Plus Real Estate (ASX: QPRDC) and Advance Nanotek (ASX: ANO).

Here’s a table of all ASX small caps $1 or more and their performance in the last 12 months…

ASX Code Name Price (Friday 1 March) 1 year Return (%) Market Cap
BID BIDENERGY LTD 1.08 720.4334 $116,690,360.00
SFC SCHAFFER CORP LTD 14.1 18.1088 $194,985,664.00
EMB EMBELTON LTD 12.05 -5.9877 $26,002,092.00
SSL SIETEL LTD 7.1 19.3277 $56,853,036.00
CGL CITADEL GROUP LTD/THE 6.79 -1.1072 $334,470,272.00
ONT 1300 SMILES LTD 6.15 -3.2279 $145,622,064.00
GZL GAZAL CORP LTD 6.06 217.3953 $270,806,336.00
ELO ELMO SOFTWARE LTD 5.96 5.4577 $378,762,432.00
PAC PACIFIC CURRENT GROUP LTD 5.51 -17.8041 $264,891,568.00
ABA AUSWIDE BANK LTD 5.32 5.9909 $224,410,816.00
WLL WELLCOM GROUP LTD 5.25 15.9547 $207,766,784.00
AD8 AUDINATE GROUP LTD 5.115 93.5361 $311,327,712.00
FID FIDUCIAN GROUP LTD 5.1 2.4726 $158,280,240.00
LYL LYCOPODIUM LTD 5.08 1.6301 $201,840,448.00
OTW OVER THE WIRE HOLDINGS LTD 4.99 61.51 $257,356,464.00
FFI F.F.I. HOLDINGS LTD 4.22 8.819599999999999 $45,197,748.00
KGN KOGAN.COM LTD 4.12 -54.3422 $383,355,104.00
TBR TRIBUNE RESOURCES LTD 4.1 -7.9717 $227,562,400.00
VRT VIRTUS HEALTH LTD 4.1 -24.8289 $332,808,352.00
MVP MEDICAL DEVELOPMENTS INTERNA 4.1 -46.8403 $268,147,968.00
TWD TAMAWOOD LTD 4.02 4.4878 $100,221,760.00
CHR CHALMERS LTD 4 1.2658 $30,456,000.00
SNL SUPPLY NETWORK LTD 3.9 20.129 $160,192,640.00
MNF MNF GROUP LTD 3.76 -30.0535 $280,301,504.00
PWH PWR HOLDINGS LTD 3.61 54.7314 $369,000,000.00
MWY MIDWAY LTD 3.6 58.1526 $314,176,384.00
PO3 PURIFLOH LTD 3.51 512.9032 $119,255,232.00
MWR MGM WIRELESS LTD 3.22 200.9346 $38,960,392.00
SRV SERVCORP LTD 3.19 -32.2081 $314,983,296.00
NBL NONI B LTD 3.11 39.0927 $291,284,352.00
AQR APN CONVENIENCE RETAIL REIT 3.05 19.8503 $240,706,160.00
RCT REEF CASINO TRUST 3 5.7826 $147,673,712.00
PFP PROPEL FUNERAL PARTNERS LTD 2.95 -4.6339 $289,581,120.00
OCL OBJECTIVE CORPORATION LTD 2.76 -2.805 $255,832,800.00
TRS REJECT SHOP LTD/THE 2.71 -58.907 $78,341,080.00
RDH REDHILL EDUCATION LTD 2.67 10.4833 $82,144,912.00
KOV KORVEST LTD 2.64 21.9459 $29,520,070.00
EOS ELECTRO OPTIC SYSTEMS HOLDIN 2.63 -9.3103 $252,753,200.00
GOW GOWING BROS LIMITED 2.61 -13.3411 $140,394,960.00
AQZ ALLIANCE AVIATION SERVICES L 2.6 56.7281 $327,917,536.00
CVC CVC LTD 2.53 -5.3104 $302,161,856.00
PPE PEOPLE INFRASTRUCTURE LTD 2.51 83.8227 $163,573,888.00
PNC PIONEER CREDIT LTD 2.35 -26.6731 $149,135,424.00
BBN BABY BUNTING GROUP LTD 2.34 67.1037 $298,401,312.00
BWX BWX LTD 2.33 -51.6112 $294,472,224.00
IGL IVE GROUP LTD 2.25 7.2552 $333,403,104.00
SGH SLATER & GORDON LTD 2.24 16.1458 $155,045,728.00
ANO ADVANCE NANOTEK LTD 2.16 346.4775 $117,996,288.00
A2B A2B AUSTRALIA LTD 2.13 23.6296 $257,721,664.00
TTT TITOMIC LTD 2.12 57.8182 $267,123,136.00
WAT WATERCO LTD 2.12 8.615 $78,172,512.00
PCG PENGANA CAPITAL GROUP LTD 2.1 -39.7508 $216,882,032.00
NVL NATIONAL VETERINARY CARE LTD 2.06 -25.3256 $137,352,800.00
MNY MONEY3 CORP LTD 2.04 11.555 $369,506,496.00
KPT KANGAROO ISLAND PLANTATION T 2.01 -15.5462 $111,717,936.00
OCP OCEANIA CAPITAL PARTNERS LTD 2 -10.281 $70,463,144.00
VLW VILLA WORLD LTD 1.995 -13.6958 $249,843,744.00
CYL CATALYST METALS LTD 1.98 58.4746 $131,297,272.00
EGD EVANS & PARTNERS GLOBAL DISR 1.95 3.707 $252,467,136.00
ARQ ARQ GROUP LTD 1.915 -37.3467 $236,563,680.00
TNK THINK CHILDCARE LTD 1.91 -5.0156 $92,573,232.00
ADH ADAIRS LTD 1.9 0.07290000000000001 $311,844,608.00
AEF AUSTRALIAN ETHICAL INVT LTD 1.87 29.4876 $210,734,848.00
MRN MACQUARIE MEDIA LTD 1.82 38.2371 $308,168,192.00
GLB GLOBE INTERNATIONAL LTD 1.8 45.8333 $74,634,872.00
CLV CLOVER CORP LTD 1.785 158.6045 $294,849,312.00
CAN CANN GROUP LTD 1.775 -42.6229 $244,482,432.00
SOM SOMNOMED LTD 1.75 -43.9103 $109,907,296.00
FWD FLEETWOOD CORP LTD 1.71 -30.5842 $161,704,624.00
ENN ELANOR INVESTOR GROUP 1.71 -2.7525 $164,118,112.00
RND RAND MINING LTD 1.695 -11.1144 $101,951,664.00
GBT GBST HOLDINGS LTD 1.69 -29.5277 $114,432,576.00
QIP QANTM INTELLECTUAL PROPERTY 1.68 46.0851 $223,525,216.00
DTL DATA#3 LTD 1.6375 4.4618 $252,518,912.00
RHP RHIPE LTD 1.615 74.408 $221,739,536.00
KSC K & S CORP LTD 1.6 1.1784 $201,413,168.00
GCM GARDA CAPITAL GROUP 1.6 75.17270000000001 $40,368,000.00
ED1 EVANS DIXON LTD 1.6 $365,485,088.00
CYP CYNATA THERAPEUTICS LTD 1.565 37.2294 $160,869,664.00
VTG VITA GROUP LTD 1.545 7.2946 $248,675,792.00
SIV SILVER CHEF LTD 1.53 -62.569 $70,289,568.00
APW AIMS PROPERTY SECURITIES FUN 1.515 -5.6219 $67,978,104.00
SDG SUNLAND GROUP LTD 1.51 -10.8065 $228,181,056.00
BRI BIG RIVER INDUSTRIES LTD 1.5 -24.5728 $79,565,920.00
PBP PROBIOTEC LTD 1.5 66.34690000000001 $95,744,032.00
BWR BLACKWALL PROPERTY TRUST 1.5 15.6408 $99,953,064.00
SLC SUPERLOOP LTD 1.495 -29.4115 $344,863,424.00
REX REGIONAL EXPRESS HOLDINGS LT 1.49 -5.1526 $164,130,016.00
MTO MOTORCYCLE HOLDINGS LTD 1.48 -62.6196 $91,325,928.00
CII CI RESOURCES LTD 1.47 -14.1152 $169,904,224.00
CL1 CLASS LTD 1.47 -47.5086 $174,139,840.00
D2O DUXTON WATER LTD 1.47 39.8898 $158,520,992.00
PVS PIVOTAL SYSTEMS CORP INC-CDI 1.465 $162,613,328.00
XIP XENITH IP GROUP LTD 1.46 33.5861 $129,971,768.00
DBF DUXTON BROADACRE FARMS LTD 1.46 -7.0064 $62,751,624.00
JYC JOYCE CORP LTD 1.445 -0.7886 $40,414,128.00
CCX CITY CHIC COLLECTIVE LTD 1.44 504.2553 $272,975,296.00
ECL EXCELSIOR CAPITAL LTD 1.43 10.3874 $41,462,088.00
GDF GARDA DIVERSIFIED PROP FUND 1.395 30.4502 $219,049,648.00
EGG ENERO GROUP LTD 1.39 34.9465 $118,990,888.00
JHC JAPARA HEALTHCARE LTD 1.38 -28.3777 $368,646,656.00
CLH COLLECTION HOUSE LTD 1.375 14.9039 $189,293,248.00
CAG CAPE RANGE LTD 1.37 426.9231 $114,611,872.00
TPW TEMPLE & WEBSTER GROUP LTD 1.35 132.7586 $151,951,536.00
DGH DESANE GROUP HOLDINGS LTD 1.35 18.4203 $55,228,488.00
GTN GTN LTD 1.31 -28.75 $303,372,864.00
AFG AUSTRALIAN FINANCE GROUP LTD 1.3 -21.3519 $276,034,272.00
STG STRAKER TRANSLATIONS LTD 1.3 $70,737,408.00
JLG JOHNS LYNG GROUP LTD 1.28 -5.2883 $284,272,320.00
PSQ PACIFIC SMILES GROUP LTD 1.27 -21.4646 $197,591,408.00
MCP MCPHERSON'S LTD 1.24 -0.1027 $138,259,200.00
SMR STANMORE COAL LTD 1.22 75.6614 $303,393,024.00
ERF ELANOR RETAIL PROPERTY FUND 1.205 -1.3055 $155,119,360.00
DWS DWS LTD 1.195 -13.1704 $158,856,752.00
EZL EUROZ LTD 1.19 16.9337 $191,577,360.00
BLX BEACON LIGHTING GROUP LTD 1.185 -26.3339 $258,255,120.00
NEU NEUREN PHARMACEUTICALS LTD 1.185 -67.14700000000001 $117,613,824.00
GNG GR ENGINEERING SERVICES LTD 1.18 -11.5259 $181,124,912.00
CYC CYCLOPHARM LTD 1.18 24.1277 $81,064,672.00
EOL ENERGY ONE LTD 1.18 77.1542 $26,635,862.00
PAR PARADIGM BIOPHARMACEUTICALS 1.17 283.3333 $161,344,368.00
BIS BISALLOY STEEL GROUP LTD 1.155 37.1854 $52,583,548.00
ASG AUTOSPORTS GROUP LTD 1.155 -39.934 $231,150,000.00
FSA FSA GROUP LTD 1.15 -23.1322 $141,980,112.00
KSL KINA SECURITIES LTD 1.14 42.9166 $190,642,160.00
IPC IMPERIAL PACIFIC LTD 1.14 5.8005 $3,519,375.00
VHT VOLPARA HEALTH TECHNOLOGIES 1.11 47.2603 $192,801,424.00
3PL 3P LEARNING LTD 1.095 -27.9605 $152,570,912.00
NTC NETCOMM WIRELESS LTD 1.0725 -25.1748 $156,572,992.00
KAR KAROON ENERGY LTD 1.07 -7.8261 $260,464,416.00
MVF MONASH IVF GROUP LTD 1.07 -7.8192 $249,715,792.00
MFD MAYFIELD CHILDCARE LTD 1.06 2.7646 $32,821,962.00
CSS CLEAN SEAS SEAFOOD LTD 1.06 -11.25 $88,925,432.00
WND WINDLAB LTD 1.05 -31.0976 $76,414,448.00
TGP 360 CAPITAL GROUP LTD 1.04 7.1131 $240,107,552.00
HIT HITECH GROUP AUSTRALIA LTD 1.03 9.0588 $39,191,500.00
EDC EILDON CAPITAL LTD 1 3.9148 $46,083,452.00
QPRDC QUATTRO PLUS REAL ESTATE 1 400 $58,167,964.00