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Is MYCELX Technologies Corporation (LON:MYX) Excessively Paying Its CEO?

Simply Wall St

In 2004 Connie Mixon was appointed CEO of MYCELX Technologies Corporation (LON:MYX). 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.

See our latest analysis for MYCELX Technologies

How Does Connie Mixon's Compensation Compare With Similar Sized Companies?

Our data indicates that MYCELX Technologies Corporation is worth UK£13m, and total annual CEO compensation was reported as US$538k for the year to December 2018. While we always look at total compensation first, we note that the salary component is less, at US$375k. We looked at a group of companies with market capitalizations under US$200m, and the median CEO total compensation was US$321k.

As you can see, Connie Mixon is paid more than the median CEO pay at companies of a similar size, in the same market. However, this does not necessarily mean MYCELX Technologies Corporation is paying too much. A closer look at the performance of the underlying business will give us a better idea about whether the pay is particularly generous.

You can see a visual representation of the CEO compensation at MYCELX Technologies, below.

AIM:MYX CEO Compensation, October 21st 2019

Is MYCELX Technologies Corporation Growing?

MYCELX Technologies Corporation has increased its earnings per share (EPS) by an average of 109% a year, over the last three years (using a line of best fit). It achieved revenue growth of 19% over the last year.

This shows that the company has improved itself over the last few years. Good news for shareholders. It's also good to see decent revenue growth in the last year, suggesting the business is healthy and growing. You might want to check this free visual report on analyst forecasts for future earnings.

Has MYCELX Technologies Corporation Been A Good Investment?

I think that the total shareholder return of 90%, over three years, would leave most MYCELX Technologies Corporation shareholders smiling. As a result, some may believe the CEO should be paid more than is normal for companies of similar size.

In Summary...

We examined the amount MYCELX Technologies Corporation pays its CEO, and compared it to the amount paid by similar sized companies. We found that it pays well over the median amount paid in the benchmark group.

However, the earnings per share growth over three years is certainly impressive. In addition, shareholders have done well over the same time period. As a result of this good performance, the CEO remuneration may well be quite reasonable. So you may want to check if insiders are buying MYCELX Technologies shares with their own money (free access).

Important note: MYCELX Technologies may not be the best stock to buy. You might find something better in this list of interesting companies with high ROE and low debt.

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.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.