Greg Woods has been the CEO of AstroNova, Inc. (NASDAQ:ALOT) since 2014. This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. 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. This process should give us an idea about how appropriately the CEO is paid.

Check out our latest analysis for AstroNova

How Does Greg Woods's Compensation Compare With Similar Sized Companies?

At the time of writing, our data says that AstroNova, Inc. has a market cap of US$99m, and reported total annual CEO compensation of US$1.7m for the year to January 2019. While this analysis focuses on total compensation, it's worth noting the salary is lower, valued at US$410k. We further remind readers that the CEO may face performance requirements to receive the non-salary part of the total compensation. We looked at a group of companies with market capitalizations under US$200m, and the median CEO total compensation was US$524k.

As you can see, Greg Woods is paid more than the median CEO pay at companies of a similar size, in the same market. However, this does not necessarily mean AstroNova, Inc. 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, below, how CEO compensation at AstroNova has changed over time.

Is AstroNova, Inc. Growing?

On average over the last three years, AstroNova, Inc. has grown earnings per share (EPS) by 22% each year (using a line of best fit). Its revenue is up 5.8% over 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 modest revenue growth, suggesting the underlying business is healthy. Shareholders might be interested in this free visualization of analyst forecasts.

Has AstroNova, Inc. Been A Good Investment?

AstroNova, Inc. has not done too badly by shareholders, with a total return of 9.2%, over three years. But they probably wouldn't be so happy as to think the CEO should be paid more than is normal, for companies around this size.

In Summary...

We compared total CEO remuneration at AstroNova, Inc. with the amount paid at companies with a similar market capitalization. We found that it pays well over the median amount paid in the benchmark group.

However we must not forget that the EPS growth has been very strong over three years. We also think investors are doing ok, over the same time period. While it may be worth researching further, we don't see a problem with the CEO pay, given the good EPS growth. If you think CEO compensation levels are interesting you will probably really like this free visualization of insider trading at AstroNova.

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

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.

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. Thank you for reading.