In 1992 Christopher Clemente was appointed CEO of Comstock Holding Companies Inc (NASDAQ:CHCI). This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. Then we’ll look at a snap shot of the business growth. And finally we will reflect on how common stockholders have fared in the last few years, as a secondary measure of performance. This process should give us an idea about how appropriately the CEO is paid.
How Does Christopher Clemente’s Compensation Compare With Similar Sized Companies?
Our data indicates that Comstock Holding Companies Inc is worth US$6.5m, and total annual CEO compensation is US$400k. We took a group of companies with market capitalizations below US$200m, and calculated the median CEO compensation to be US$293k.
Thus we can conclude that Christopher Clemente receives more in total compensation than the median of a group of companies in the same market, and of similar size to Comstock Holding Companies Inc. However, this doesn’t necessarily mean the pay is too high. 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 Comstock Holding Companies has changed over time.
Is Comstock Holding Companies Inc Growing?
Over the last three years Comstock Holding Companies Inc has grown its earnings per share (EPS) by an average of 4.8% per year. It achieved revenue growth of 13% over the last year.
I think the revenue growth is good. And, while modest, the earnings per share growth is noticeable. So while we’d stop just short of calling this a top performer, but we think it is well worth watching.
We don’t have analyst forecasts, but you could get a better understanding of its growth by checking out this more detailed historical graph of earnings, revenue and cash flow.
Has Comstock Holding Companies Inc Been A Good Investment?
With a three year total loss of 15%, Comstock Holding Companies Inc would certainly have some dissatisfied shareholders. It therefore might be upsetting for shareholders if the CEO were paid generously.
We compared the total CEO remuneration paid by Comstock Holding Companies 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.
While we have not been overly impressed by the business performance, the shareholder returns, over three years, have been disappointing. Shareholders may wish to consider further research. Although we don’t think the CEO pay is too high, it is probably more on the generous side of things.
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.