What Did Panoramic Resources Limited’s (ASX:PAN) CEO Take Home Last Year?
Peter Harold has been the CEO of Panoramic Resources Limited (ASX:PAN) since 2001. This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. After that, we will consider the growth in the business. And finally – as a second measure of performance – we will look at the returns shareholders have received over the last few years. This process should give us an idea about how appropriately the CEO is paid.
Check out our latest analysis for Panoramic Resources
How Does Peter Harold’s Compensation Compare With Similar Sized Companies?
Our data indicates that Panoramic Resources Limited is worth AU$225m, and total annual CEO compensation is AU$686k. (This is based on the year to 2018). While we always look at total compensation first, we note that the salary component is less, at AU$498k. As part of our analysis we looked at companies in the same jurisdiction, with market capitalizations of AU$140m to AU$560m. The median total CEO compensation was AU$752k.
So Peter Harold 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.
The graphic below shows how CEO compensation at Panoramic Resources has changed from year to year.
Is Panoramic Resources Limited Growing?
Over the last three years Panoramic Resources Limited has grown its earnings per share (EPS) by an average of 72% per year (using a line of best fit). In the last year, its revenue is down -86%.
This demonstrates that the company has been improving recently. A good result. The lack of revenue growth isn’t ideal, but it is the bottom line that counts most in business.
It could be important to check this free visual depiction of what analysts expect for the future.
Has Panoramic Resources Limited Been A Good Investment?
Boasting a total shareholder return of 472% over three years, Panoramic Resources Limited has done well by shareholders. So they may not be at all concerned if the CEO were to be paid more than is normal for companies around the same size.
In Summary…
Peter Harold 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. So one could argue the CEO compensation is quite modest, if you consider company performance! CEO compensation is one thing, but it is also interesting to check if the CEO is buying or selling Panoramic Resources (free visualization of insider trades).
Or you might prefer examine intently this intuitive graph showing past earnings and revenue.
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.
