Jim Evaskevich has been the CEO of Yangarra Resources Ltd (TSE:YGR) since 2001. First, this article will compare CEO compensation with compensation at similar sized companies. After that, we will consider the growth in the business. And finally we will reflect on how common stockholders have fared in the last few years, as a secondary measure of performance. The aim of all this is to consider the appropriateness of CEO pay levels.
How Does Jim Evaskevich’s Compensation Compare With Similar Sized Companies?
According to our data, Yangarra Resources Ltd has a market capitalization of CA$311m, and pays its CEO total annual compensation worth CA$468k. That’s actually a decrease on the year before. As part of our analysis we looked at companies in the same jurisdiction, with market capitalizations of CA$132m to CA$528m. The median total CEO compensation was CA$905k.
A first glance this seems like a real positive for shareholders, since Jim Evaskevich is paid less than the average compensation paid by similar sized companies. Though positive, it’s important we delve into the performance of the actual business.
You can see, below, how CEO compensation at Yangarra Resources has changed over time.
Is Yangarra Resources Ltd Growing?
On average over the last three years, Yangarra Resources Ltd has grown earnings per share (EPS) by 47% each year. In the last year, its revenue is up 108%.
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.
You might want to check this free visual report on analyst forecasts for future earnings.
Has Yangarra Resources Ltd Been A Good Investment?
Boasting a total shareholder return of 453% over three years, Yangarra Resources Ltd has done well by shareholders. 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.
Yangarra Resources Ltd is currently paying its CEO below what is normal for companies of its size. Considering the underlying business is growing earnings, this would suggest the pay is modest. The strong history of shareholder returns might even have some thinking that Jim Evaskevich deserves a raise!
It is relatively rare to see a modestly paid CEO when performance is so impressive. But it is even better if company insiders are also buying shares with their own money. Whatever your view on compensation, you might want to check if insiders are buying or selling Yangarra Resources Ltd shares (free trial).
Or you might rather take a peek at this analytical visualization of historic cash flow, 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 email@example.com.