Yahoo Finance Does Canlan Ice Sports Corp’s (TSE:ICE) CEO Pay Compare Well With Peers?
Joey St-Aubin became the CEO of Canlan Ice Sports Corp (TSE:ICE) in 2009. 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 process should give us an idea about how appropriately the CEO is paid.
Check out our latest analysis for Canlan Ice Sports
How Does Joey St-Aubin’s Compensation Compare With Similar Sized Companies?
According to our data, Canlan Ice Sports Corp has a market capitalization of CA$76m, and pays its CEO total annual compensation worth CA$373k. That’s a modest increase of 2.1% on the prior year year. We took a group of companies with market capitalizations below CA$263m, and calculated the median CEO compensation to be CA$156k.
As you can see, Joey St-Aubin is paid more than the median CEO pay at companies of a similar size, in the same market. However, this does not necessarily mean Canlan Ice Sports Corp is paying too much. We can better assess whether the pay is overly generous by looking into the underlying business performance.
You can see, below, how CEO compensation at Canlan Ice Sports has changed over time.
Is Canlan Ice Sports Corp Growing?
On average over the last three years, Canlan Ice Sports Corp has grown earnings per share (EPS) by 100% each year. Its revenue is up 2.1% over last year.
Overall this is a positive result for shareholders, showing that the company has improved in recent years. It’s good to see a bit of revenue growth, as this suggests the business is able to grow sustainably.
Although we don’t have analyst forecasts, you could get a better understanding of its growth by checking out this more detailed historical graph of earnings, revenue and cash flow.
Has Canlan Ice Sports Corp Been A Good Investment?
I think that the total shareholder return of 74%, over three years, would leave most Canlan Ice Sports Corp shareholders smiling. This strong performance might mean some shareholders don’t mind if the CEO is paid more than is normal for a company of its size.
In Summary…
We examined the amount Canlan Ice Sports Corp pays its CEO, and compared it to the amount paid by similar sized companies. We found that it pays well over the median amount paid in the benchmark group.
However, the earnings per share growth over three years is certainly impressive. On top of that, in the same period, returns to shareholders have been great. Considering this fine result for shareholders, we daresay the CEO compensation might be apt. So you may want to check if insiders are buying Canlan Ice Sports Corp shares with their own money (free access).
Or you might prefer examine intently this intuitive graph showing past earnings and revenue.
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.
