Bill Crossland has been the CEO of Thermal Energy International Inc. (CVE:TMG) since 2009. 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. This process should give us an idea about how appropriately the CEO is paid.
How Does Bill Crossland’s Compensation Compare With Similar Sized Companies?
At the time of writing our data says that Thermal Energy International Inc. has a market cap of CA$11m, and is paying total annual CEO compensation of CA$273k. (This is based on the year to 2018). While this analysis focuses on total compensation, it’s worth noting the salary is lower, valued at CA$240k. We took a group of companies with market capitalizations below CA$271m, and calculated the median CEO compensation to be CA$160k.
As you can see, Bill Crossland is paid more than the median CEO pay at companies of a similar size, in the same market. However, this does not necessarily mean Thermal Energy International Inc. is paying too much. We can better assess whether the pay is overly generous by looking into the underlying business performance.
You can see, below, how CEO compensation at Thermal Energy International has changed over time.
Is Thermal Energy International Inc. Growing?
On average over the last three years, Thermal Energy International Inc. has grown earnings per share (EPS) by 96% each year. In the last year, its revenue is up 49%.
This demonstrates that the company has been improving recently. A good result. It’s great to see that revenue growth is strong, too. These metrics suggest the business is growing strongly.
Although we don’t have analyst forecasts, you might want to assess this data-rich visualization of earnings, revenue and cash flow.
Has Thermal Energy International Inc. Been A Good Investment?
Most shareholders would probably be pleased with Thermal Energy International Inc. for providing a total return of 75% over three years. This strong performance might mean some shareholders don’t mind if the CEO is paid more than is normal for a company of its size.
We compared the total CEO remuneration paid by Thermal Energy International Inc., and compared it to remuneration at a group of similar sized companies. Our data suggests that it pays above the median CEO pay within that group.
However, the earnings per share growth over three years is certainly impressive. On top of that, in the same period, returns to shareholders have been great. So, considering this good performance, the CEO compensation may be quite appropriate. Shareholders may want to check for free if Thermal Energy International insiders are buying or selling shares.
Or you might prefer gaze upon this detailed graph of past earnings, revenue and cash flow .
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 firstname.lastname@example.org.