In This Article:
Rob Towner became the CEO of Triangle Energy (Global) Limited (ASX:TEG) in 2014. This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. Next, we'll consider growth that the business demonstrates. Third, we'll reflect on the total return to shareholders over three years, as a second measure of business performance. This method should give us information to assess how appropriately the company pays the CEO.
Check out our latest analysis for Triangle Energy (Global)
How Does Rob Towner's Compensation Compare With Similar Sized Companies?
Our data indicates that Triangle Energy (Global) Limited is worth AU$20m, and total annual CEO compensation was reported as AU$466k for the year to June 2019. That's less than last year. While this analysis focuses on total compensation, it's worth noting the salary is lower, valued at AU$350k. We examined a group of similar sized companies, with market capitalizations of below AU$292m. The median CEO total compensation in that group is AU$380k.
So Rob Towner 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, below, how CEO compensation at Triangle Energy (Global) has changed over time.
Is Triangle Energy (Global) Limited Growing?
On average over the last three years, Triangle Energy (Global) Limited has grown earnings per share (EPS) by 16% each year (using a line of best fit). It saw its revenue drop 3.1% over the last year.
This shows that the company has improved itself over the last few years. Good news for shareholders. The lack of revenue growth isn't ideal, but it is the bottom line that counts most in business. We don't have analyst forecasts, but shareholders might want to examine this detailed historical graph of earnings, revenue and cash flow.
Has Triangle Energy (Global) Limited Been A Good Investment?
I think that the total shareholder return of 42%, over three years, would leave most Triangle Energy (Global) 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...
Rob Towner 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 Triangle Energy (Global) insiders are buying or selling shares.