Kieran Mahon became the CEO of Norish Plc (LON:NSH) in 2016. This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. 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. This process should give us an idea about how appropriately the CEO is paid.
Check out our latest analysis for Norish
How Does Kieran Mahon’s Compensation Compare With Similar Sized Companies?
According to our data, Norish Plc has a market capitalization of UK£18m, and pays its CEO total annual compensation worth UK£151k. Notably, that’s an increase of 266% over the year before. We examined a group of similar sized companies, with market capitalizations of below UK£156m. The median CEO compensation in that group is UK£243k.
Most shareholders would consider it a positive that Kieran Mahon takes less compensation than the CEOs of most similar size companies, leaving more for shareholders. However, before we heap on the praise, we should delve deeper to understand business performance.
You can see a visual representation of the CEO compensation at Norish, below.
Is Norish Plc Growing?
On average over the last three years, Norish Plc has grown earnings per share (EPS) by 2.2% each year. Its revenue is up 8.1% over last year.
I would argue that the improvement in revenue isn’t particularly impressive, but I’m happy with the modest EPS growth. Considering these factors I’d say performance has been pretty decent, though not amazing.
It could be important to check this free visual depiction of what analysts expect for the future.
Has Norish Plc Been A Good Investment?
Boasting a total shareholder return of 46% over three years, Norish Plc has done well by shareholders. So they may not be at all concerned if the CEO is paid more than is normal for companies around the same size.
In Summary…
It looks like Norish Plc pays its CEO less than similar sized companies.
It’s well worth noting that while Kieran Mahon is paid below what is normal at companies of similar size, the returns have been very pleasing, over the last three years. So, while it might be nice to have better EPS growth, on our analysis the CEO compensation is quite modest.
Or you might prefer examine intently this intuitive graph showing past earnings and revenue.
To help readers see past the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price-sensitive company announcements.
The author is an independent contributor and at the time of publication had no position in the stocks mentioned. For errors that warrant correction please contact the editor at editorial-team@simplywallst.com.