Yahoo Finance Should You Be Pleased About The CEO Pay At Wavefront Technology Solutions Inc.'s (CVE:WEE)
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In 2003 Brett Davidson was appointed CEO of Wavefront Technology Solutions Inc. (CVE:WEE). First, this article will compare CEO compensation with compensation at similar sized companies. Then we'll look at a snap shot of the business growth. Third, we'll reflect on the total return to shareholders over three years, as a second measure of business performance. The aim of all this is to consider the appropriateness of CEO pay levels.
See our latest analysis for Wavefront Technology Solutions
How Does Brett Davidson's Compensation Compare With Similar Sized Companies?
Our data indicates that Wavefront Technology Solutions Inc. is worth CA$11m, and total annual CEO compensation is CA$376k. (This figure is for the year to August 2018). We think total compensation is more important but we note that the CEO salary is lower, at CA$300k. We looked at a group of companies with market capitalizations under CA$267m, and the median CEO total compensation was CA$140k.
Thus we can conclude that Brett Davidson receives more in total compensation than the median of a group of companies in the same market, and of similar size to Wavefront Technology Solutions Inc.. However, this doesn't necessarily mean the pay 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 a visual representation of the CEO compensation at Wavefront Technology Solutions, below.
Is Wavefront Technology Solutions Inc. Growing?
On average over the last three years, Wavefront Technology Solutions Inc. has grown earnings per share (EPS) by 28% each year (using a line of best fit). Its revenue is up 115% over last year.
This shows that the company has improved itself over the last few years. Good news for shareholders. It's great to see that revenue growth is strong, too. These metrics suggest the business is growing strongly. We don't have analyst forecasts, but you might want to assess this data-rich visualization of earnings, revenue and cash flow.
Has Wavefront Technology Solutions Inc. Been A Good Investment?
Wavefront Technology Solutions Inc. has served shareholders reasonably well, with a total return of 32% over three years. But they would probably prefer not to see CEO compensation far in excess of the median.
In Summary...
We examined the amount Wavefront Technology Solutions Inc. pays its CEO, and compared it to the amount paid by similar sized companies. Our data suggests that it pays above the median CEO pay within that group.
However, the earnings per share growth over three years is certainly impressive. We also think investors are doing ok, over the same time period. While it may be worth researching further, we don't see a problem with the CEO pay, given the good EPS growth. Shareholders may want to check for free if Wavefront Technology Solutions insiders are buying or selling shares.
If you want to buy a stock that is better than Wavefront Technology Solutions, this free list of high return, low debt companies is a great place to look.
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.
