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Does Deveron UAS Corp.'s (CNSX:DVR) CEO Pay Compare Well With Peers?

David MacMillan has been the CEO of Deveron UAS Corp. (CNSX:DVR) since 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. 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 Deveron UAS

How Does David MacMillan's Compensation Compare With Similar Sized Companies?

According to our data, Deveron UAS Corp. has a market capitalization of CA$11m, and pays its CEO total annual compensation worth CA$163k. (This is based on the year to December 2018). It is worth noting that the CEO compensation consists almost entirely of the salary, worth CA$163k. We looked at a group of companies with market capitalizations under CA$266m, and the median CEO total compensation was CA$143k.

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So David MacMillan is paid around the average of the companies we looked at. Although this fact alone doesn't tell us a great deal, it becomes more relevant when considered against the business performance.

You can see a visual representation of the CEO compensation at Deveron UAS, below.

CNSX:DVR CEO Compensation, August 28th 2019
CNSX:DVR CEO Compensation, August 28th 2019

Is Deveron UAS Corp. Growing?

On average over the last three years, Deveron UAS Corp. has grown earnings per share (EPS) by 5.3% each year (using a line of best fit). Its revenue is up 307% over last year.

It's hard to interpret the strong revenue growth as anything other than a positive. And in that context, the modest EPS improvement certainly isn't shabby. I wouldn't say this is necessarily top notch growth, but it is certainly promising. We don't have analyst forecasts, but shareholders might want to examine this detailed historical graph of earnings, revenue and cash flow.

Has Deveron UAS Corp. Been A Good Investment?

With a three year total loss of 29%, Deveron UAS Corp. would certainly have some dissatisfied shareholders. It therefore might be upsetting for shareholders if the CEO were paid generously.

In Summary...

Remuneration for David MacMillan is close enough to the median pay for a CEO of a similar sized company .

The company cannot boast particularly strong per share growth. And it's hard to argue that the returns over the last three years have delighted. So suffice it to say we don't think the compensation is modest. So you may want to check if insiders are buying Deveron UAS shares with their own money (free access).

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.