What Did Akoustis Technologies Inc’s (NASDAQ:AKTS) CEO Take Home Last Year?
In 2015 Jeff Shealy was appointed CEO of Akoustis Technologies Inc (NASDAQ:AKTS). This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. Next, we’ll consider growth that the business demonstrates. And finally – as a second measure of performance – we will look at the returns shareholders have received over the last few years. The aim of all this is to consider the appropriateness of CEO pay levels.
See our latest analysis for Akoustis Technologies
How Does Jeff Shealy’s Compensation Compare With Similar Sized Companies?
Our data indicates that Akoustis Technologies Inc is worth US$148m, and total annual CEO compensation is US$624k. We note that’s an increase of 53% above last year. We looked at a group of companies with market capitalizations under US$200m, and the median CEO compensation was US$293k.
As you can see, Jeff Shealy is paid more than the median CEO pay at companies of a similar size, in the same market. However, this does not necessarily mean Akoustis Technologies Inc is paying too much. We can get a better idea of how generous the pay is by looking at the performance of the underlying business.
The graphic below shows how CEO compensation at Akoustis Technologies has changed from year to year.
Is Akoustis Technologies Inc Growing?
On average over the last three years, Akoustis Technologies Inc has shrunk earnings per share by 44% each year. In the last year, its revenue is up 41%.
The reduction in earnings per share, over three years, is arguably concerning. On the other hand, the strong revenue growth suggests the business is growing. In conclusion we can’t form a strong opinion about business performance yet; but it’s one worth watching.
It could be important to check this free visual depiction of what analysts expect for the future.
Has Akoustis Technologies Inc Been A Good Investment?
Most shareholders would probably be pleased with Akoustis Technologies Inc for providing a total return of 98% over three years. 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…
We examined the amount Akoustis Technologies Inc pays its CEO, and compared it to the amount paid by similar sized companies. We found that it pays well over the median amount paid in the benchmark group.
One might like to have seen stronger growth, but shareholder returns have been pleasing, over the last three years. So, considering these tasty returns, the CEO compensation may be quite appropriate. Whatever your view on compensation, you might want to check if insiders are buying or selling Akoustis Technologies Inc shares (free trial).
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.
