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In 2012 Mark Winmill was appointed CEO of Global Self Storage, Inc. (NASDAQ:SELF). This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. Next, we'll consider growth that the business demonstrates. Third, we'll reflect on the total return to shareholders over three years, as a second measure of business performance. This process should give us an idea about how appropriately the CEO is paid.
How Does Mark Winmill's Compensation Compare With Similar Sized Companies?
Our data indicates that Global Self Storage, Inc. is worth US$31m, and total annual CEO compensation is US$520k. (This number is for the twelve months until December 2018). Notably, that's an increase of 43% over the year before. While we always look at total compensation first, we note that the salary component is less, at US$317k. We took a group of companies with market capitalizations below US$200m, and calculated the median CEO total compensation to be US$452k.
So Mark Winmill is paid around the average of 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.
You can see a visual representation of the CEO compensation at Global Self Storage, below.
Is Global Self Storage, Inc. Growing?
Global Self Storage, Inc. has reduced its earnings per share by an average of 92% a year, over the last three years (measured with a line of best fit). In the last year, its revenue is up 7.4%.
Unfortunately, earnings per share have trended lower over the last three years. The fairly low revenue growth fails to impress given that the earnings per share is down. So given this relatively weak performance, shareholders would probably not want to see high compensation for the CEO. 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 Global Self Storage, Inc. Been A Good Investment?
With a three year total loss of 9.7%, Global Self Storage, Inc. would certainly have some dissatisfied shareholders. This suggests it would be unwise for the company to pay the CEO too generously.
Mark Winmill is paid around what is normal the leaders of comparable size companies.
After looking at EPS and total shareholder returns, it's certainly hard to argue the company has performed well, since both metrics are down. This contrasts with the growth in CEO remuneration, in the last year. Suffice it to say, we don't think the CEO is underpaid! So you may want to check if insiders are buying Global Self Storage shares with their own money (free access).
If you want to buy a stock that is better than Global Self Storage, this free list of high return, low debt companies is a great place to look.
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If you spot an error that warrants correction, please contact the editor at email@example.com. 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. Simply Wall St has no position in the stocks mentioned. Thank you for reading.