Is Calyx Ventures Inc excessively Paying Its CEO? Is Calyx Ventures Inc (CVE:CYX) Excessively Paying Its CEO?
In 2015 Roger Forde was appointed CEO of Calyx Ventures Inc (CVE:CYX). This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. 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 method should give us information to assess how appropriately the company pays the CEO.
View our latest analysis for Calyx Ventures
How Does Roger Forde’s Compensation Compare With Similar Sized Companies?
Our data indicates that Calyx Ventures Inc is worth CA$7m, and total annual CEO compensation is CA$207k. That’s a notable increase of 138% on last year. We looked at a group of companies with market capitalizations under CA$259m, and the median CEO compensation was CA$151k.
As you can see, Roger Forde is paid more than the median CEO pay at companies of a similar size, in the same market. However, this does not necessarily mean Calyx Ventures Inc is paying too much. We can get a better idea of how generous the pay is by looking at the performance of the underlying business.
Is Calyx Ventures Inc Growing?
Over the last three years Calyx Ventures Inc has shrunk its earnings per share by an average of 70% per year. It achieved revenue growth of 109% over the last year.
Investors should note that, over three years, earnings per share are down. But on the other hand, revenue growth is strong, suggesting a brighter future. These two metric are moving in different directions, so while it’s hard to be confident judging performance, we think the stock is worth watching.
We don’t have analyst forecasts, but shareholders might want to examine this detailed historical graph of earnings, revenue and cash flow.
Has Calyx Ventures Inc Been A Good Investment?
Boasting a total shareholder return of 160% over three years, Calyx Ventures Inc has done well by shareholders. This strong performance might mean some shareholders don’t mind if the CEO is paid more than is normal for a company of its size.
In Summary…
We compared total CEO remuneration at Calyx Ventures 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.
While we generally prefer to see stronger EPS growth, there’s no arguing with the strong returns to shareholders, over the last three years. As a result of the juicy return to investors, the CEO remuneration may well be quite reasonable. Whatever your view on compensation, you might want to check if insiders are buying or selling Calyx Ventures Inc shares (free trial).
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 editorial-team@simplywallst.com.