Should You Be Pleased About The CEO Pay At AqualisBraemar ASA's (OB:AQUA)

The CEO of AqualisBraemar ASA (OB:AQUA) is David Wells. This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. 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. The aim of all this is to consider the appropriateness of CEO pay levels.

See our latest analysis for AqualisBraemar

How Does David Wells's Compensation Compare With Similar Sized Companies?

At the time of writing, our data says that AqualisBraemar ASA has a market cap of kr264m, and reported total annual CEO compensation of US$351k for the year to December 2018. While we always look at total compensation first, we note that the salary component is less, at US$231k. We looked at a group of companies with market capitalizations under US$200m, and the median CEO total compensation was US$334k.

So David Wells is paid around the average of the companies we looked at. While this data point isn't particularly informative alone, it gains more meaning when considered with business performance.

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

OB:AQUA CEO Compensation, October 9th 2019
OB:AQUA CEO Compensation, October 9th 2019

Is AqualisBraemar ASA Growing?

Over the last three years AqualisBraemar ASA has grown its earnings per share (EPS) by an average of 71% per year (using a line of best fit). It achieved revenue growth of 7.3% over the last year.

This demonstrates that the company has been improving recently. A good result. It's nice to see a little revenue growth, as this is consistent with healthy business conditions. Although we don't have analyst forecasts you could get a better understanding of its growth by checking out this more detailed historical graph of earnings, revenue and cash flow.

Has AqualisBraemar ASA Been A Good Investment?

Boasting a total shareholder return of 34% over three years, AqualisBraemar ASA has done well by shareholders. This strong performance might mean some shareholders don't mind if the CEO were to be paid more than is normal for a company of its size.

In Summary...

David Wells is paid around the same as most CEOs of similar size companies.

Shareholders would surely be happy to see that shareholder returns have been great, and the earnings per share are up. So one could argue the CEO compensation is quite modest, if you consider company performance! CEO compensation is one thing, but it is also interesting to check if the CEO is buying or selling AqualisBraemar (free visualization of insider trades).

Arguably, business quality is much more important than CEO compensation levels. So check out this free list of interesting companies, that have HIGH return on equity 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.

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