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What Can We Conclude About Anteris Technologies' (ASX:AVR) CEO Pay?

Simply Wall St
·3 mins read

Wayne Paterson has been the CEO of Anteris Technologies Ltd (ASX:AVR) since 2016, and this article will examine the executive's compensation with respect to the overall performance of the company. This analysis will also look to assess whether the CEO is appropriately paid, considering recent earnings growth and investor returns for Anteris Technologies.

View our latest analysis for Anteris Technologies

Comparing Anteris Technologies Ltd's CEO Compensation With the industry

According to our data, Anteris Technologies Ltd has a market capitalization of AU$23m, and paid its CEO total annual compensation worth AU$1.9m over the year to December 2019. That's a notable increase of 54% on last year. While we always look at total compensation first, our analysis shows that the salary component is less, at AU$898k.

In comparison with other companies in the industry with market capitalizations under AU$280m, the reported median total CEO compensation was AU$586k. Accordingly, our analysis reveals that Anteris Technologies Ltd pays Wayne Paterson north of the industry median.

Component

2019

2018

Proportion (2019)

Salary

AU$898k

AU$835k

47%

Other

AU$1.0m

AU$398k

53%

Total Compensation

AU$1.9m

AU$1.2m

100%

On an industry level, roughly 63% of total compensation represents salary and 37% is other remuneration. Anteris Technologies sets aside a smaller share of compensation for salary, in comparison to the overall industry. If non-salary compensation dominates total pay, it's an indicator that the executive's salary is tied to company performance.

ceo-compensation
ceo-compensation

Anteris Technologies Ltd's Growth

Anteris Technologies Ltd has seen its earnings per share (EPS) increase by 53% a year over the past three years. It saw its revenue drop 56% over the last year.

Shareholders would be glad to know that the company has improved itself over the last few years. While it would be good to see revenue growth, profits matter more in the end. Although we don't have analyst forecasts, you might want to assess this data-rich visualization of earnings, revenue and cash flow.

Has Anteris Technologies Ltd Been A Good Investment?

Given the total shareholder loss of 85% over three years, many shareholders in Anteris Technologies Ltd are probably rather dissatisfied, to say the least. This suggests it would be unwise for the company to pay the CEO too generously.

To Conclude...

As we touched on above, Anteris Technologies Ltd is currently paying its CEO higher than the median pay for CEOs of companies belonging to the same industry and with similar market capitalizations. However, the EPS growth is certainly impressive, but shareholder returns — over the same period — have been disappointing. Considering overall performance, we can't say Wayne is underpaid, in fact compensation is definitely on the higher side.

While CEO pay is an important factor to be aware of, there are other areas that investors should be mindful of as well. We did our research and spotted 2 warning signs for Anteris Technologies that investors should look into moving forward.

Switching gears from Anteris Technologies, if you're hunting for a pristine balance sheet and premium returns, this free list of high return, low debt companies is a great place to look.

This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com.