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Peter Åsberg became the CEO of Midsona AB (publ) (STO:MSON B) in 2007. This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. 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. The aim of all this is to consider the appropriateness of CEO pay levels.
Check out our latest analysis for Midsona
How Does Peter Åsberg's Compensation Compare With Similar Sized Companies?
Our data indicates that Midsona AB (publ) is worth kr2.3b, and total annual CEO compensation is kr5.4m. (This is based on the year to December 2017). While we always look at total compensation first, we note that the salary component is less, at kr3.5m. As part of our analysis we looked at companies in the same jurisdiction, with market capitalizations of kr940m to kr3.8b. The median total CEO compensation was kr3.1m.
It would therefore appear that Midsona AB (publ) pays Peter Åsberg 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. 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, below, how CEO compensation at Midsona has changed over time.
Is Midsona AB (publ) Growing?
On average over the last three years, Midsona AB (publ) has grown earnings per share (EPS) by 3.4% each year (using a line of best fit). Its revenue is up 35% over last year.
I like the look of the strong year-on-year improvement in revenue. With that in mind, the modestly improving EPS seems positive. I'd stop short of saying the business performance is amazing, but there are enough positives to justify further research, or even adding the stock to your watch-list. You might want to check this free visual report on analyst forecasts for future earnings.
Has Midsona AB (publ) Been A Good Investment?
Boasting a total shareholder return of 76% over three years, Midsona AB (publ) has done well by shareholders. This strong performance might mean some shareholders don't mind if the CEO were to be paid more than is normal for a company of its size.
In Summary...
We compared the total CEO remuneration paid by Midsona AB (publ), 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.