Yahoo Finance Here's What We Think About Globex Mining Enterprises Inc.'s (TSE:GMX) CEO Pay
The CEO of Globex Mining Enterprises Inc. (TSE:GMX) is Jack Stoch. 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 process should give us an idea about how appropriately the CEO is paid.
View our latest analysis for Globex Mining Enterprises
How Does Jack Stoch's Compensation Compare With Similar Sized Companies?
At the time of writing, our data says that Globex Mining Enterprises Inc. has a market cap of CA$18m, and reported total annual CEO compensation of CA$183k for the year to December 2018. While we always look at total compensation first, we note that the salary component is less, at CA$165k. We examined a group of similar sized companies, with market capitalizations of below CA$264m. The median CEO total compensation in that group is CA$180k.
That means Jack Stoch 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 a visual representation of the CEO compensation at Globex Mining Enterprises, below.
Is Globex Mining Enterprises Inc. Growing?
Globex Mining Enterprises Inc. has increased its earnings per share (EPS) by an average of 43% a year, over the last three years (using a line of best fit). In the last year, its revenue is down 34%.
This shows that the company has improved itself over the last few years. Good news for shareholders. Revenue growth is a real positive for growth, but ultimately profits are more important. We don't have analyst forecasts, but you could get a better understanding of its growth by checking out this more detailed historical graph of earnings, revenue and cash flow.
Has Globex Mining Enterprises Inc. Been A Good Investment?
Since shareholders would have lost about 18% over three years, some Globex Mining Enterprises Inc. shareholders would surely be feeling negative emotions. This suggests it would be unwise for the company to pay the CEO too generously.
In Summary...
Remuneration for Jack Stoch is close enough to the median pay for a CEO of a similar sized company .
We like that the company is growing EPS, but we find the returns over the last three years to be lacking. We'd be surprised if shareholders want to see a pay rise for the CEO, but we'd stop short of calling their pay too generous. So you may want to check if insiders are buying Globex Mining Enterprises shares with their own money (free access).
Important note: Globex Mining Enterprises may not be the best stock to buy. You might find something better in this list of interesting companies with high ROE and low debt.
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.
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. Thank you for reading.
