Yahoo Finance How Much Did Intercontinental Gold and Metals Ltd.'s (CVE:ICAU) CEO Pocket Last Year?
Gord Glenn has been the CEO of Intercontinental Gold and Metals Ltd. (CVE:ICAU) since 2015. This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. Then we'll look at a snap shot of the business growth. And finally we will reflect on how common stockholders have fared in the last few years, as a secondary measure of performance. The aim of all this is to consider the appropriateness of CEO pay levels.
View our latest analysis for Intercontinental Gold and Metals
How Does Gord Glenn's Compensation Compare With Similar Sized Companies?
Our data indicates that Intercontinental Gold and Metals Ltd. is worth CA$5.1m, and total annual CEO compensation was reported as CA$363k for the year to December 2018. While this analysis focuses on total compensation, it's worth noting the salary is lower, valued at CA$268k. We took a group of companies with market capitalizations below CA$269m, and calculated the median CEO total compensation to be CA$211k.
Thus we can conclude that Gord Glenn receives more in total compensation than the median of a group of companies in the same market, and of similar size to Intercontinental Gold and Metals Ltd.. 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.
The graphic below shows how CEO compensation at Intercontinental Gold and Metals has changed from year to year.
Is Intercontinental Gold and Metals Ltd. Growing?
On average over the last three years, Intercontinental Gold and Metals Ltd. has grown earnings per share (EPS) by 45% each year (using a line of best fit). Its revenue is up 307% over last year.
This shows that the company has improved itself over the last few years. Good news for shareholders. Most shareholders would be pleased to see strong revenue growth combined with EPS growth. This combo suggests a fast growing business. 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 Intercontinental Gold and Metals Ltd. Been A Good Investment?
Most shareholders would probably be pleased with Intercontinental Gold and Metals Ltd. for providing a total return of 185% over three years. This strong performance might mean some shareholders don't mind if the CEO were to be paid more than is normal for a company of its size.
In Summary...
We compared total CEO remuneration at Intercontinental Gold and Metals Ltd. 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.
However we must not forget that the EPS growth has been very strong over three years. On top of that, in the same period, returns to shareholders have been great. As a result of this good performance, the CEO remuneration may well be quite reasonable. CEO compensation is one thing, but it is also interesting to check if the CEO is buying or selling Intercontinental Gold and Metals (free visualization of insider trades).
If you want to buy a stock that is better than Intercontinental Gold and Metals, this free list of high return, low debt companies is a great place to look.
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.
