Yahoo Finance What Did Altius Minerals' (TSE:ALS) CEO Take Home Last Year?
This article will reflect on the compensation paid to Brian Dalton who has served as CEO of Altius Minerals Corporation (TSE:ALS) since 1997. This analysis will also look to assess whether the CEO is appropriately paid, considering recent earnings growth and investor returns for Altius Minerals.
Check out our latest analysis for Altius Minerals
Comparing Altius Minerals Corporation's CEO Compensation With the industry
At the time of writing, our data shows that Altius Minerals Corporation has a market capitalization of CA$422m, and reported total annual CEO compensation of CA$1.4m for the year to December 2019. That's mostly flat as compared to the prior year's compensation. While we always look at total compensation first, our analysis shows that the salary component is less, at CA$450k.
On comparing similar companies from the same industry with market caps ranging from CA$266m to CA$1.1b, we found that the median CEO total compensation was CA$919k. Hence, we can conclude that Brian Dalton is remunerated higher than the industry median. Furthermore, Brian Dalton directly owns CA$14m worth of shares in the company, implying that they are deeply invested in the company's success.
Component | 2019 | 2018 | Proportion (2019) |
Salary | CA$450k | CA$450k | 32% |
Other | CA$974k | CA$958k | 68% |
Total Compensation | CA$1.4m | CA$1.4m | 100% |
On an industry level, roughly 83% of total compensation represents salary and 17% is other remuneration. Altius Minerals sets aside a smaller share of compensation for salary, in comparison to the overall industry. It's important to note that a slant towards non-salary compensation suggests that total pay is tied to the company's performance.
A Look at Altius Minerals Corporation's Growth Numbers
Over the past three years, Altius Minerals Corporation has seen its earnings per share (EPS) grow by 94% per year. In the last year, its revenue is down 12%.
Overall this is a positive result for shareholders, showing that the company has improved in recent years. While it would be good to see revenue growth, profits matter more in the end. Historical performance can sometimes be a good indicator on what's coming up next but if you want to peer into the company's future you might be interested in this free visualization of analyst forecasts.
Has Altius Minerals Corporation Been A Good Investment?
With a three year total loss of 12% for the shareholders, Altius Minerals Corporation would certainly have some dissatisfied shareholders. This suggests it would be unwise for the company to pay the CEO too generously.
In Summary...
As we touched on above, Altius Minerals Corporation is currently paying its CEO higher than the median pay for CEOs of companies belonging to the same industry and with similar market capitalizations. But the company has impressed with its EPS growth, but we cannot say the same about the uninspiring shareholder returns (over the last three years). Considering overall performance, we can't say Brian is underpaid, in fact compensation is definitely on the higher side.
CEO compensation is a crucial aspect to keep your eyes on but investors also need to keep their eyes open for other issues related to business performance. We've identified 2 warning signs for Altius Minerals that investors should be aware of in a dynamic business environment.
Important note: Altius Minerals is an exciting stock, but we understand investors may be looking for an unencumbered balance sheet and blockbuster returns. You might find something better in this list of interesting companies with high ROE and low debt.
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. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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