Advertisement
Canada markets close in 5 hours 31 minutes
  • S&P/TSX

    21,962.42
    -49.30 (-0.22%)
     
  • S&P 500

    5,077.81
    +7.26 (+0.14%)
     
  • DOW

    38,481.55
    -22.14 (-0.06%)
     
  • CAD/USD

    0.7297
    -0.0023 (-0.32%)
     
  • CRUDE OIL

    82.89
    -0.47 (-0.56%)
     
  • Bitcoin CAD

    89,652.16
    -1,915.00 (-2.09%)
     
  • CMC Crypto 200

    1,428.07
    +3.97 (+0.28%)
     
  • GOLD FUTURES

    2,333.90
    -8.20 (-0.35%)
     
  • RUSSELL 2000

    2,004.59
    +1.94 (+0.10%)
     
  • 10-Yr Bond

    4.6690
    +0.0710 (+1.55%)
     
  • NASDAQ

    15,777.89
    +81.25 (+0.52%)
     
  • VOLATILITY

    15.73
    +0.04 (+0.26%)
     
  • FTSE

    8,050.37
    +5.56 (+0.07%)
     
  • NIKKEI 225

    38,460.08
    +907.92 (+2.42%)
     
  • CAD/EUR

    0.6816
    -0.0020 (-0.29%)
     

How Much is Sylogist Ltd.'s (CVE:SYZ) CEO Getting Paid?

Jim Wilson has been the CEO of Sylogist Ltd. (CVE:SYZ) since 2008. First, this article will compare CEO compensation with compensation at similar sized companies. 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 method should give us information to assess how appropriately the company pays the CEO.

View our latest analysis for Sylogist

How Does Jim Wilson's Compensation Compare With Similar Sized Companies?

According to our data, Sylogist Ltd. has a market capitalization of CA$189m, and paid its CEO total annual compensation worth CA$2.3m over the year to September 2018. While this analysis focuses on total compensation, it's worth noting the salary is lower, valued at CA$550k. Importantly, there may be performance hurdles relating to the non-salary component of the total compensation. We examined a group of similar sized companies, with market capitalizations of below CA$277m. The median CEO total compensation in that group is CA$222k.

ADVERTISEMENT

It would therefore appear that Sylogist Ltd. pays Jim Wilson more than the median CEO remuneration at companies of a similar size, in the same market. However, this fact alone doesn't mean the remuneration is too high. We can get a better idea of how generous the pay is by looking at the performance of the underlying business.

You can see, below, how CEO compensation at Sylogist has changed over time.

TSXV:SYZ CEO Compensation, March 13th 2020
TSXV:SYZ CEO Compensation, March 13th 2020

Is Sylogist Ltd. Growing?

Sylogist Ltd. has increased its earnings per share (EPS) by an average of 8.4% a year, over the last three years (using a line of best fit). It saw its revenue drop 4.5% over the last year.

I generally like to see a little revenue growth, but the improvement in EPS is good. These two metric are moving in different directions, so while it's hard to be confident judging performance, we think the stock is worth watching. Shareholders might be interested in this free visualization of analyst forecasts.

Has Sylogist Ltd. Been A Good Investment?

Sylogist Ltd. has generated a total shareholder return of 1.2% over three years, so most shareholders wouldn't be too disappointed. But they probably wouldn't be so happy as to think the CEO should be paid more than is normal, for companies around this size.

In Summary...

We compared the total CEO remuneration paid by Sylogist Ltd., and compared it to remuneration at a group of similar sized companies. As discussed above, we discovered that the company pays more than the median of that group.

One might like to have seen stronger growth, and the shareholder returns have failed to inspire, over the last three years. Considering this, we wouldn't want to see any big pay rises, although we'd stop short of calling the CEO compensation unfair. Looking into other areas, we've picked out 5 warning signs for Sylogist that investors should think about before committing capital to this stock.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.

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.