David Mason has been the CEO of Dark Horse Resources Limited (ASX:DHR) since 2016. 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. This method should give us information to assess how appropriately the company pays the CEO.

See our latest analysis for Dark Horse Resources

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

Our data indicates that Dark Horse Resources Limited is worth AU$12m, and total annual CEO compensation is AU$420k. (This number is for the twelve months until June 2018). While this analysis focuses on total compensation, it's worth noting the salary is lower, valued at AU$250k. We examined a group of similar sized companies, with market capitalizations of below AU$280m. The median CEO total compensation in that group is AU$354k.

So David Mason receives a similar amount to the median CEO pay, amongst 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, below, how CEO compensation at Dark Horse Resources has changed over time.

Is Dark Horse Resources Limited Growing?

On average over the last three years, Dark Horse Resources Limited has grown earnings per share (EPS) by 18% each year (using a line of best fit). Its revenue is down -100% over last year.

This shows that the company has improved itself over the last few years. Good news for shareholders. The lack of revenue growth isn't ideal, but it is the bottom line that counts most in business. We don't have analyst forecasts, but you might want to assess this data-rich visualization of earnings, revenue and cash flow.

Has Dark Horse Resources Limited Been A Good Investment?

Boasting a total shareholder return of 50% over three years, Dark Horse Resources Limited 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...

Remuneration for David Mason is close enough to the median pay for a CEO of a similar sized company .

Shareholders would surely be happy to see that shareholder returns have been great, and the earnings per share are up. Indeed, many might consider the pay rather modest, given the solid company performance! Shareholders may want to check for free if Dark Horse Resources insiders are buying or selling shares.

Important note: Dark Horse Resources 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.