Mike Welburn became the CEO of Tricorn Group plc (LON:TCN) in 2007. First, this article will compare CEO compensation with compensation at similar sized companies. 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. The aim of all this is to consider the appropriateness of CEO pay levels.
See our latest analysis for Tricorn Group
How Does Mike Welburn’s Compensation Compare With Similar Sized Companies?
According to our data, Tricorn Group plc has a market capitalization of UK£7.6m, and pays its CEO total annual compensation worth UK£257k. (This is based on the year to 2018). We think total compensation is more important but we note that the CEO salary is lower, at UK£150k. We examined a group of similar sized companies, with market capitalizations of below UK£157m. The median CEO compensation in that group is UK£244k.
So Mike Welburn receives a similar amount to the median CEO pay, amongst the companies we looked at. This doesn’t tell us a whole lot on its own, but looking at the performance of the actual business will give us useful context.
You can see, below, how CEO compensation at Tricorn Group has changed over time.
Is Tricorn Group plc Growing?
Tricorn Group plc has increased its earnings per share (EPS) by an average of 62% a year, over the last three years In the last year, its revenue is up 20%.
This shows that the company has improved itself over the last few years. Good news for shareholders. It’s a real positive to see this sort of growth in a single year. That suggests a healthy and growing business.
Shareholders might be interested in this free visualization of analyst forecasts. .
Has Tricorn Group plc Been A Good Investment?
Boasting a total shareholder return of 114% over three years, Tricorn Group plc has done well by shareholders. As a result, some may believe the CEO should be paid more than is normal for companies of similar size.
In Summary…
Mike Welburn is paid around the same as most CEOs of similar size companies.
Shareholders would surely be happy to see that shareholder returns have been great, and the earnings per share are up. Indeed, many might consider the pay rather modest, given the solid company performance! CEO compensation is one thing, but it is also interesting to check if the CEO is buying or selling Tricorn Group (free visualization of insider trades).
Or you might prefer this data-rich interactive visualization of historic revenue and earnings.
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.