Yahoo Finance Does Diamcor Mining Inc.'s (CVE:DMI) CEO Pay Reflect Performance?
In 2007 Dean Taylor was appointed CEO of Diamcor Mining Inc. (CVE:DMI). This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. Next, we'll consider growth that the business demonstrates. And finally we will reflect on how common stockholders have fared in the last few years, as a secondary measure of performance. This method should give us information to assess how appropriately the company pays the CEO.
See our latest analysis for Diamcor Mining
How Does Dean Taylor's Compensation Compare With Similar Sized Companies?
According to our data, Diamcor Mining Inc. has a market capitalization of CA$10m, and paid its CEO total annual compensation worth CA$316k over the year to March 2019. Notably, the salary of CA$316k is the vast majority of the CEO compensation. We took a group of companies with market capitalizations below CA$266m, and calculated the median CEO total compensation to be CA$210k.
Thus we can conclude that Dean Taylor receives more in total compensation than the median of a group of companies in the same market, and of similar size to Diamcor Mining Inc.. However, this doesn't necessarily mean the pay is too high. A closer look at the performance of the underlying business will give us a better idea about whether the pay is particularly generous.
You can see, below, how CEO compensation at Diamcor Mining has changed over time.
Is Diamcor Mining Inc. Growing?
Over the last three years Diamcor Mining Inc. has grown its earnings per share (EPS) by an average of 5.3% per year (using a line of best fit). In the last year, its revenue is up 56%.
It's hard to interpret the strong revenue growth as anything other than a positive. With that in mind, the modestly improving EPS seems positive. So while I'd stop short of saying growth is absolutely outstanding, there are definitely some clear positives! Although we don't have analyst forecasts you might want to assess this data-rich visualization of earnings, revenue and cash flow.
Has Diamcor Mining Inc. Been A Good Investment?
With a three year total loss of 85%, Diamcor Mining Inc. would certainly have some dissatisfied shareholders. It therefore might be upsetting for shareholders if the CEO were paid generously.
In Summary...
We compared total CEO remuneration at Diamcor Mining Inc. with the amount paid at companies with a similar market capitalization. Our data suggests that it pays above the median CEO pay within that group.
While we have not been overly impressed by the business performance, the shareholder returns, over three years, have been disappointing. Although we'd stop short of calling it inappropriate, we think the CEO compensation is probably more on the generous side of things. So you may want to check if insiders are buying Diamcor Mining shares with their own money (free access).
Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.
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