Yahoo Finance How Much is Globex Mining Enterprises Inc.'s (TSE:GMX) CEO Getting Paid?
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. After that, we will consider the growth in the business. 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.
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See our latest analysis for Globex Mining Enterprises
How Does Jack Stoch's Compensation Compare With Similar Sized Companies?
Our data indicates that Globex Mining Enterprises Inc. is worth CA$19m, and total annual CEO compensation is CA$183k. (This is based on the year to December 2018). We note that's an increase of 282% above last year. 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$269m. The median CEO total compensation in that group is CA$148k.
So Jack Stoch receives a similar amount to the median CEO pay, amongst the companies we looked at. This doesn't tell us a whole lot on its own, but looking at the performance of the actual business will give us useful context.
You can see, below, how CEO compensation at Globex Mining Enterprises has changed over time.
Is Globex Mining Enterprises Inc. Growing?
Over the last three years Globex Mining Enterprises Inc. has grown its earnings per share (EPS) by an average of 96% per year (using a line of best fit). It saw its revenue drop -41% over the last year.
This shows that the company has improved itself over the last few years. Good news for shareholders. While it would be good to see revenue growth, profits matter more in the end. 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?
Globex Mining Enterprises Inc. has generated a total shareholder return of 14% over three years, so most shareholders would be reasonably content. But they would probably prefer not to see CEO compensation far in excess of the median.
In Summary...
Jack Stoch is paid around the same as most CEOs of similar size companies.
Shareholder returns could be better but shareholders would be pleased with the positive EPS growth. So considering these factors, we think the CEO pay is probably quite reasonable. Whatever your view on compensation, you might want to check if insiders are buying or selling Globex Mining Enterprises shares (free trial).
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.
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.
