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Tony Caruso became the CEO of Mastermyne Group Limited (ASX:MYE) in 2005. 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 method should give us information to assess how appropriately the company pays the CEO.
View our latest analysis for Mastermyne Group
How Does Tony Caruso's Compensation Compare With Similar Sized Companies?
At the time of writing our data says that Mastermyne Group Limited has a market cap of AU$100m, and is paying total annual CEO compensation of AU$806k. (This number is for the twelve months until June 2018). While this analysis focuses on total compensation, it's worth noting the salary is lower, valued at AU$347k. We looked at a group of companies with market capitalizations under AU$282m, and the median CEO total compensation was AU$357k.
Thus we can conclude that Tony Caruso receives more in total compensation than the median of a group of companies in the same market, and of similar size to Mastermyne Group Limited. 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.
You can see a visual representation of the CEO compensation at Mastermyne Group, below.
Is Mastermyne Group Limited Growing?
Over the last three years Mastermyne Group Limited has grown its earnings per share (EPS) by an average of 91% per year (using a line of best fit). In the last year, its revenue is up 44%.
Overall this is a positive result for shareholders, showing that the company has improved in recent years. It's great to see that revenue growth is strong, too. These metrics suggest the business is growing strongly. Shareholders might be interested in this free visualization of analyst forecasts.
Has Mastermyne Group Limited Been A Good Investment?
I think that the total shareholder return of 459%, over three years, would leave most Mastermyne Group Limited shareholders smiling. As a result, some may believe the CEO should be paid more than is normal for companies of similar size.
In Summary...
We compared the total CEO remuneration paid by Mastermyne Group Limited, and compared it to remuneration at a group of similar sized companies. Our data suggests that it pays above the median CEO pay within that group.