Stride Property Group's (NZSE:SPG) CEO Will Probably Find It Hard To See A Huge Raise This Year

How Does Total Compensation For Philip Littlewood Compare With Other Companies In The Industry?

According to our data, Stride Property Group has a market capitalization of NZ$660m, and paid its CEO total annual compensation worth NZ$1.1m over the year to March 2024. That's a fairly small increase of 4.0% over the previous year. We note that the salary of NZ$615.0k makes up a sizeable portion of the total compensation received by the CEO.

On comparing similar companies from the New Zealand REITs industry with market caps ranging from NZ$328m to NZ$1.3b, we found that the median CEO total compensation was NZ$1.1m. This suggests that Stride Property Group remunerates its CEO largely in line with the industry average. What's more, Philip Littlewood holds NZ$758k worth of shares in the company in their own name.

Component	2024	2023	Proportion (2024)
Salary	NZ$615k	NZ$615k	54%
Other	NZ$525k	NZ$481k	46%
Total Compensation	NZ$1.1m	NZ$1.1m	100%

On an industry level, around 37% of total compensation represents salary and 63% is other remuneration. Stride Property Group is paying a higher share of its remuneration through a salary in comparison to the overall industry. If salary dominates total compensation, it suggests that CEO compensation is leaning less towards the variable component, which is usually linked with performance.

ceo-compensation

A Look at Stride Property Group's Growth Numbers

Stride Property Group has reduced its earnings per share by 107% a year over the last three years. It achieved revenue growth of 29% over the last year.

The reduction in EPS, over three years, is arguably concerning. But on the other hand, revenue growth is strong, suggesting a brighter future. In conclusion we can't form a strong opinion about business performance yet; but it's one worth watching. Moving away from current form for a second, it could be important to check this free visual depiction of what analysts expect for the future.

To Conclude...

The returns to shareholders is disappointing along with lack of earnings growth, which goes some way in explaining the poor returns. The upcoming AGM will provide shareholders the opportunity to revisit the company’s remuneration policies and evaluate if the board’s judgement and decision-making is aligned with that of the company’s shareholders.

While CEO pay is an important factor to be aware of, there are other areas that investors should be mindful of as well. We did our research and spotted 3 warning signs for Stride Property Group that investors should look into moving forward.

Switching gears from Stride Property Group, if you're hunting for a pristine balance sheet and premium returns, this free list of high return, low debt companies is a great place to look.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. 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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com

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8 UK holiday home businesses you could buy now

Key Insights

How Does Total Compensation For Philip Littlewood Compare With Other Companies In The Industry?

A Look at Stride Property Group's Growth Numbers

Has Stride Property Group Been A Good Investment?

To Conclude...

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