Advertisement
UK markets closed
  • NIKKEI 225

    38,460.08
    +907.92 (+2.42%)
     
  • HANG SENG

    17,201.27
    +372.34 (+2.21%)
     
  • CRUDE OIL

    82.92
    -0.44 (-0.53%)
     
  • GOLD FUTURES

    2,332.20
    -9.90 (-0.42%)
     
  • DOW

    38,460.92
    -42.77 (-0.11%)
     
  • Bitcoin GBP

    51,289.51
    -1,931.64 (-3.63%)
     
  • CMC Crypto 200

    1,387.47
    -36.63 (-2.57%)
     
  • NASDAQ Composite

    15,712.75
    +16.11 (+0.10%)
     
  • UK FTSE All Share

    4,374.06
    -4.69 (-0.11%)
     

Should You Be Pleased About The CEO Pay At Celsion Corporation's (NASDAQ:CLSN)

In 2007 Michael Tardugno was appointed CEO of Celsion Corporation (NASDAQ:CLSN). This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. After that, we will consider the growth in the business. 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.

See our latest analysis for Celsion

How Does Michael Tardugno's Compensation Compare With Similar Sized Companies?

According to our data, Celsion Corporation has a market capitalization of US$37m, and paid its CEO total annual compensation worth US$3.0m over the year to December 2018. While this analysis focuses on total compensation, it's worth noting the salary is lower, valued at US$529k. We note that more than half of the total compensation is not the salary; and performance requirements may apply to this non-salary portion. We examined a group of similar sized companies, with market capitalizations of below US$200m. The median CEO total compensation in that group is US$529k.

ADVERTISEMENT

Thus we can conclude that Michael Tardugno receives more in total compensation than the median of a group of companies in the same market, and of similar size to Celsion Corporation. However, this doesn't necessarily mean the pay is too high. We can better assess whether the pay is overly generous by looking into the underlying business performance.

You can see, below, how CEO compensation at Celsion has changed over time.

NasdaqCM:CLSN CEO Compensation, December 15th 2019
NasdaqCM:CLSN CEO Compensation, December 15th 2019

Is Celsion Corporation Growing?

On average over the last three years, Celsion Corporation has grown earnings per share (EPS) by 101% each year (using a line of best fit). The trailing twelve months of revenue was pretty much the same as the prior period.

Overall this is a positive result for shareholders, showing that the company has improved in recent years. It's also good to see modest revenue growth, suggesting the underlying business is healthy. It could be important to check this free visual depiction of what analysts expect for the future.

Has Celsion Corporation Been A Good Investment?

With a three year total loss of 75%, Celsion Corporation would certainly have some dissatisfied shareholders. It therefore might be upsetting for shareholders if the CEO were paid generously.

In Summary...

We compared total CEO remuneration at Celsion Corporation 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.

Importantly, though, the company has impressed with its earnings per share growth, over three years. However, the returns to investors are far less impressive, over the same period. Considering the per share profit growth, but keeping in mind the weak returns, we'd need more time to form a view on CEO compensation. Shareholders may want to check for free if Celsion insiders are buying or selling shares.

If you want to buy a stock that is better than Celsion, 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.