Yahoo Finance What Did Intermin Resources Ltd’s (ASX:IRC) CEO Take Home Last Year?
Jon Price became the CEO of Intermin Resources Ltd (ASX:IRC) in 2016. This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. Then we’ll look at a snap shot of the business growth. And finally we will reflect on how common stockholders have fared in the last few years, as a secondary measure of performance. This process should give us an idea about how appropriately the CEO is paid.
See our latest analysis for Intermin Resources
How Does Jon Price’s Compensation Compare With Similar Sized Companies?
According to our data, Intermin Resources Ltd has a market capitalization of AU$35m, and pays its CEO total annual compensation worth AU$479k. That’s a notable increase of 9.7% on last year. We examined a group of similar sized companies, with market capitalizations of below AU$281m. The median CEO compensation in that group is AU$357k.
It would therefore appear that Intermin Resources Ltd pays Jon Price more than the median CEO remuneration at companies of a similar size, in the same market. However, this fact alone doesn’t mean the remuneration is too high. We can get a better idea of how generous the pay is by looking at the performance of the underlying business.
The graphic below shows how CEO compensation at Intermin Resources has changed from year to year.
Is Intermin Resources Ltd Growing?
Over the last three years Intermin Resources Ltd has grown its earnings per share (EPS) by an average of 73% per year. Its revenue is up 175% over last year.
Overall this is a positive result for shareholders, showing that the company has improved in recent years. Most shareholders would be pleased to see strong revenue growth combined with EPS growth. This combo suggests a fast growing business.
We don’t have analyst forecasts, but you might want to assess this data-rich visualization of earnings, revenue and cash flow.
Has Intermin Resources Ltd Been A Good Investment?
Most shareholders would probably be pleased with Intermin Resources Ltd for providing a total return of 213% over three years. So they may not be at all concerned if the CEO is paid more than is normal for companies around the same size.
In Summary…
We examined the amount Intermin Resources Ltd pays its CEO, and compared it to the amount paid by similar sized companies. As discussed above, we discovered that the company pays more than the median of that group.
Importantly, though, the company has impressed with its earnings per share growth, over three years. On top of that, in the same period, returns to shareholders have been great. So, considering this good performance, the CEO compensation may be quite appropriate. Whatever your view on compensation, you might want to check if insiders are buying or selling Intermin Resources Ltd shares (free trial).
Or you might prefer this data-rich interactive visualization of historic revenue and earnings.
To help readers see past the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price-sensitive company announcements.
The author is an independent contributor and at the time of publication had no position in the stocks mentioned. For errors that warrant correction please contact the editor at editorial-team@simplywallst.com.
