Yahoo Finance Here's What We Think About Bass Metals Limited's (ASX:BSM) CEO Pay
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Tim McManus became the CEO of Bass Metals Limited (ASX:BSM) in 2016. This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. After that, we will consider the growth in the business. Third, we'll reflect on the total return to shareholders over three years, as a second measure of business performance. This method should give us information to assess how appropriately the company pays the CEO.
Check out our latest analysis for Bass Metals
How Does Tim McManus's Compensation Compare With Similar Sized Companies?
At the time of writing our data says that Bass Metals Limited has a market cap of AU$22m, and is paying total annual CEO compensation of AU$312k. (This is based on the year to June 2018). We think total compensation is more important but we note that the CEO salary is lower, at AU$263k. We looked at a group of companies with market capitalizations under AU$285m, and the median CEO total compensation was AU$358k.
That means Tim McManus receives fairly typical remuneration for the CEO of a company that size. While this data point isn't particularly informative alone, it gains more meaning when considered with business performance.
You can see, below, how CEO compensation at Bass Metals has changed over time.
Is Bass Metals Limited Growing?
Bass Metals Limited has reduced its earnings per share by an average of 18% a year, over the last three years (measured with a line of best fit). In the last year, its revenue is up 104%.
As investors, we are a bit wary of companies that have lower earnings per share, over three years. On the other hand, the strong revenue growth suggests the business is growing. These two metric are moving in different directions, so while it's hard to be confident judging performance, we think the stock is worth watching. You might want to check this free visual report on analyst forecasts for future earnings.
Has Bass Metals Limited Been A Good Investment?
Bass Metals Limited has served shareholders reasonably well, with a total return of 28% over three years. But they probably wouldn't be so happy as to think the CEO should be paid more than is normal, for companies around this size.
In Summary...
Remuneration for Tim McManus is close enough to the median pay for a CEO of a similar sized company .
We think many would like to see better growth. But we don't think the CEO compensation is a problem. If you think CEO compensation levels are interesting you will probably really like this free visualization of insider trading at Bass Metals.
Arguably, business quality is much more important than CEO compensation levels. So check out this free list of interesting companies, that have HIGH return on equity and low debt.
We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.
