In This Article:
In 2016 Vedji Ticku was appointed CEO of Page Industries Limited (NSE:PAGEIND). This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. 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. This method should give us information to assess how appropriately the company pays the CEO.
Check out our latest analysis for Page Industries
How Does Vedji Ticku’s Compensation Compare With Similar Sized Companies?
At the time of writing our data says that Page Industries Limited has a market cap of ₹318.5b, and is paying total annual CEO compensation of ₹42m. We note that’s an increase of 16% above last year. When we examined a selection of companies with market caps ranging from ₹146.4b to ₹468.6b, we found the median CEO compensation was ₹47m.
So Vedji Ticku is paid around the average of the companies we looked at. While this data point isn’t particularly informative alone, it gains more meaning when considered with business performance.
You can see a visual representation of the CEO compensation at Page Industries, below.
Is Page Industries Limited Growing?
Page Industries Limited has increased its earnings per share (EPS) by an average of 20% a year, over the last three years In the last year, its revenue is up 18%.
This demonstrates that the company has been improving recently. A good result. It’s a real positive to see this sort of growth in a single year. That suggests a healthy and growing business.
You might want to check this free visual report on analyst forecasts for future earnings.
Has Page Industries Limited Been A Good Investment?
I think that the total shareholder return of 102%, over three years, would leave most Page Industries Limited shareholders smiling. This strong performance might mean some shareholders don’t mind if the CEO is paid more than is normal for a company of its size.
In Summary…
Vedji Ticku is paid around the same as most CEOs of similar size companies.
Few would be critical of the leadership, since returns have been juicy and earnings per share are moving in the right direction. Indeed, many might consider the pay rather modest, given the solid company performance! Shareholders may want to check for free if Page Industries Limited insiders are buying or selling shares.
Or you might rather take a peek at this analytical visualization of historic cash flow, 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.