In This Article:
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Yogesh Munjal is the CEO of Munjal Showa Limited (NSE:MUNJALSHOW). 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. This process should give us an idea about how appropriately the CEO is paid.
View our latest analysis for Munjal Showa
How Does Yogesh Munjal's Compensation Compare With Similar Sized Companies?
Our data indicates that Munjal Showa Limited is worth ₹6.3b, and total annual CEO compensation is ₹53m. (This figure is for the year to March 2018). We think total compensation is more important but we note that the CEO salary is lower, at ₹24m. We examined a group of similar sized companies, with market capitalizations of below ₹14b. The median CEO total compensation in that group is ₹1.3m.
As you can see, Yogesh Munjal is paid more than the median CEO pay at companies of a similar size, in the same market. However, this does not necessarily mean Munjal Showa Limited is paying too much. A closer look at the performance of the underlying business will give us a better idea about whether the pay is particularly generous.
You can see a visual representation of the CEO compensation at Munjal Showa, below.
Is Munjal Showa Limited Growing?
Over the last three years Munjal Showa Limited has grown its earnings per share (EPS) by an average of 8.2% per year (using a line of best fit). It achieved revenue growth of 13% over the last year.
This revenue growth could really point to a brighter future. And the improvement in earnings per share is modest but respectable. Although we'll stop short of calling the stock a top performer, we think the company has potential. We don't have analyst forecasts, but you might want to assess this data-rich visualization of earnings, revenue and cash flow.
Has Munjal Showa Limited Been A Good Investment?
Since shareholders would have lost about 11% over three years, some Munjal Showa Limited shareholders would surely be feeling negative emotions. So shareholders would probably think the company shouldn't be too generous with CEO compensation.
In Summary...
We compared total CEO remuneration at Munjal Showa Limited with the amount paid at companies with a similar market capitalization. As discussed above, we discovered that the company pays more than the median of that group.