Pat Goepel became the CEO of Asure Software, Inc. (NASDAQ:ASUR) in 2010. 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 process should give us an idea about how appropriately the CEO is paid.
How Does Pat Goepel’s Compensation Compare With Similar Sized Companies?
According to our data, Asure Software, Inc. has a market capitalization of US$140m, and paid its CEO total annual compensation worth US$969k over the year to December 2018. While we always look at total compensation first, we note that the salary component is less, at US$350k. Importantly, there may be performance hurdles relating to the non-salary component of the total compensation. 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$522k.
Thus we can conclude that Pat Goepel receives more in total compensation than the median of a group of companies in the same market, and of similar size to Asure Software, Inc.. However, this doesn’t necessarily mean the pay is too high. 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 a visual representation of the CEO compensation at Asure Software, below.
Is Asure Software, Inc. Growing?
Asure Software, Inc. has reduced its earnings per share by an average of 37% a year, over the last three years (measured with a line of best fit). It achieved revenue growth of 26% over the last year.
As investors, we are a bit wary of companies that have lower earnings per share, over three years. But in contrast the revenue growth is strong, suggesting future potential for earnings growth. In conclusion we can’t form a strong opinion about business performance yet; but it’s one worth watching. You might want to check this free visual report on analyst forecasts for future earnings.
Has Asure Software, Inc. Been A Good Investment?
Since shareholders would have lost about 22% over three years, some Asure Software, Inc. shareholders would surely be feeling negative emotions. It therefore might be upsetting for shareholders if the CEO were paid generously.
We examined the amount Asure Software, Inc. pays its CEO, and compared it to the amount paid by similar sized companies. As discussed above, we discovered that the company pays more than the median of that group.
The growth in the business has been uninspiring, but the shareholder returns have arguably been worse, over the last three years. Considering this, we have the opinion that the CEO pay is more on the generous side, than the modest side. If you think CEO compensation levels are interesting you will probably really like this free visualization of insider trading at Asure Software.
Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.
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