A Look At BeWhere Holdings' (CVE:BEW) CEO Remuneration
Owen Moore became the CEO of BeWhere Holdings Inc. (CVE:BEW) in 2016, and we think it's a good time to look at the executive's compensation against the backdrop of overall company performance. This analysis will also evaluate the appropriateness of CEO compensation when taking into account the earnings and shareholder returns of the company.
View our latest analysis for BeWhere Holdings
Comparing BeWhere Holdings Inc.'s CEO Compensation With the industry
Our data indicates that BeWhere Holdings Inc. has a market capitalization of CA$15m, and total annual CEO compensation was reported as CA$204k for the year to December 2019. We note that's an increase of 33% above last year. Notably, the salary of CA$204k is the entirety of the CEO compensation.
On comparing similar-sized companies in the industry with market capitalizations below CA$263m, we found that the median total CEO compensation was CA$215k. This suggests that BeWhere Holdings remunerates its CEO largely in line with the industry average. Furthermore, Owen Moore directly owns CA$1.5m worth of shares in the company, implying that they are deeply invested in the company's success.
Component | 2019 | 2018 | Proportion (2019) |
Salary | CA$204k | CA$153k | 100% |
Other | - | - | - |
Total Compensation | CA$204k | CA$153k | 100% |
On an industry level, around 81% of total compensation represents salary and 19% is other remuneration. On a company level, BeWhere Holdings prefers to reward its CEO through a salary, opting not to pay Owen Moore through non-salary benefits. If total compensation veers towards salary, it suggests that the variable portion - which is generally tied to performance, is lower.
BeWhere Holdings Inc.'s Growth
Over the past three years, BeWhere Holdings Inc. has seen its earnings per share (EPS) grow by 46% per year. Its revenue is up 11% over the last year.
Shareholders would be glad to know that the company has improved itself over the last few years. This sort of respectable year-on-year revenue growth is often seen at a healthy, growing business. While we don't have analyst forecasts for the company, shareholders might want to examine this detailed historical graph of earnings, revenue and cash flow.
Has BeWhere Holdings Inc. Been A Good Investment?
Since shareholders would have lost about 47% over three years, some BeWhere Holdings Inc. investors would surely be feeling negative emotions. So shareholders would probably want the company to be lessto generous with CEO compensation.
To Conclude...
BeWhere Holdings rewards its CEO solely through a salary, ignoring non-salary benefits completely. As we noted earlier, BeWhere Holdings pays its CEO in line with similar-sized companies belonging to the same industry. Meanwhile, shareholder returns paint a sorry picture for the company, finishing in the red over the last three years. However, EPS growth is positive over the same time frame. It's tough for us to say CEO compensation is too generous when EPS growth is positive, but negative investor returns will irk shareholders and reduce any chances of a raise.
CEO compensation can have a massive impact on performance, but it's just one element. We did our research and spotted 3 warning signs for BeWhere Holdings that investors should look into moving forward.
Switching gears from BeWhere Holdings, if you're hunting for a pristine balance sheet and premium returns, this free list of high return, low debt companies is a great place to look.
This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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