Does Kopy Goldfields AB (publ)'s (STO:KOPY) CEO Salary Compare Well With Others?

Mikhail Damrin became the CEO of Kopy Goldfields AB (publ) (STO:KOPY) in 2009. 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 - as a second measure of performance - we will look at the returns shareholders have received over the last few years. This process should give us an idea about how appropriately the CEO is paid.

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Check out our latest analysis for Kopy Goldfields

How Does Mikhail Damrin's Compensation Compare With Similar Sized Companies?

According to our data, Kopy Goldfields AB (publ) has a market capitalization of kr102m, and pays its CEO total annual compensation worth kr1.5m. (This is based on the year to December 2017). While this analysis focuses on total compensation, it's worth noting the salary is lower, valued at kr1.3m. We examined a group of similar sized companies, with market capitalizations of below kr1.9b. The median CEO total compensation in that group is kr1.7m.

That means Mikhail Damrin receives fairly typical remuneration for the CEO of a company that size. 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 Kopy Goldfields, below.

OM:KOPY CEO Compensation, May 27th 2019
OM:KOPY CEO Compensation, May 27th 2019

Is Kopy Goldfields AB (publ) Growing?

Over the last three years Kopy Goldfields AB (publ) has shrunk its earnings per share by an average of 62% per year (measured with a line of best fit). It saw its revenue drop -85% over the last year.

Unfortunately, earnings per share have trended lower over the last three years. This is compounded by the fact revenue is actually down on last year. So given this relatively weak performance, shareholders would probably not want to see high compensation for the CEO. Shareholders might be interested in this free visualization of analyst forecasts.

Has Kopy Goldfields AB (publ) Been A Good Investment?

Given the total loss of 28% over three years, many shareholders in Kopy Goldfields AB (publ) are probably rather dissatisfied, to say the least. It therefore might be upsetting for shareholders if the CEO were paid generously.

In Summary...

Mikhail Damrin 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. Most would consider it prudent for the company to hold off any CEO pay rise until performance improves. CEO compensation is one thing, but it is also interesting to check if the CEO is buying or selling Kopy Goldfields (free visualization of insider trades).

If you want to buy a stock that is better than Kopy Goldfields, this free list of high return, low debt companies is a great place to look.

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.