Mikko Montonen has been the CEO of Aspocomp Group Oyj (HEL:ACG1V) since 2014. This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. Then we'll look at a snap shot of the business growth. 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.
How Does Mikko Montonen's Compensation Compare With Similar Sized Companies?
At the time of writing, our data says that Aspocomp Group Oyj has a market cap of €36m, and reported total annual CEO compensation of €289k for the year to December 2018. While this analysis focuses on total compensation, it's worth noting the salary is lower, valued at €242k. We looked at a group of companies with market capitalizations under €179m, and the median CEO total compensation was €287k.
That means Mikko Montonen receives fairly typical remuneration for the CEO of a company that size. Although this fact alone doesn't tell us a great deal, it becomes more relevant when considered against the business performance.
The graphic below shows how CEO compensation at Aspocomp Group Oyj has changed from year to year.
Is Aspocomp Group Oyj Growing?
Over the last three years Aspocomp Group Oyj has grown its earnings per share (EPS) by an average of 58% per year (using a line of best fit). In the last year, its revenue is up 17%.
This demonstrates that the company has been improving recently. A good result. It's also good to see decent revenue growth in the last year, suggesting the business is healthy and growing. Shareholders might be interested in this free visualization of analyst forecasts.
Has Aspocomp Group Oyj Been A Good Investment?
Boasting a total shareholder return of 246% over three years, Aspocomp Group Oyj has done well by shareholders. This strong performance might mean some shareholders don't mind if the CEO were to be paid more than is normal for a company of its size.
Mikko Montonen is paid around what is normal the leaders of comparable size companies.
Shareholders would surely be happy to see that shareholder returns have been great, and the earnings per share are up. Although the pay is a normal amount, some shareholders probably consider it fair or modest, given the good performance of the stock. If you think CEO compensation levels are interesting you will probably really like this free visualization of insider trading at Aspocomp Group Oyj.
Arguably, business quality is much more important than CEO compensation levels. So check out this free list of interesting companies, that have HIGH return on equity and low debt.
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