In 2016 Mike Gamzon was appointed CEO of Griffin Industrial Realty Inc (NASDAQ:GRIF). First, this article will compare CEO compensation with compensation at similar sized companies. Next, we’ll consider growth that the business demonstrates. 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.
How Does Mike Gamzon’s Compensation Compare With Similar Sized Companies?
At the time of writing our data says that Griffin Industrial Realty Inc has a market cap of US$177m, and is paying total annual CEO compensation of US$699k. (This figure is for the year to 2017). While this analysis focuses on total compensation, it’s worth noting the salary is lower, valued at US$509k. As part of our analysis we looked at companies in the same jurisdiction, with market capitalizations of US$100m to US$400m. The median total CEO compensation was US$941k.
So Mike Gamzon is paid around the average of the companies we looked at. Although this fact alone doesn’t tell us a great deal, it becomes more relevant when considered against the business performance.
You can see a visual representation of the CEO compensation at Griffin Industrial Realty, below.
Is Griffin Industrial Realty Inc Growing?
Over the last three years Griffin Industrial Realty Inc has grown its earnings per share (EPS) by an average of 25% per year. In the last year, its revenue is down -25%.
This demonstrates that the company has been improving recently. A good result. Revenue growth is a real positive for growth, but ultimately profits are more important.
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 Griffin Industrial Realty Inc Been A Good Investment?
Boasting a total shareholder return of 33% over three years, Griffin Industrial Realty Inc has done well by shareholders. As a result, some may believe the CEO should be paid more than is normal for companies of similar size.
Mike Gamzon is paid around what is normal the leaders of comparable size companies.
Few would be critical of the leadership, since returns have been juicy and earnings per share are moving in the right direction. Although the pay is a normal amount, some shareholders probably consider it fair or modest, given the good performance of the stock. So you may want to check if insiders are buying Griffin Industrial Realty shares with their own money (free access).
Of course, the past can be informative so you might be interested in considering this analytical visualization showing the company history of earnings and revenue.
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.