Stock Analysis

Increases to Thunderbird Entertainment Group Inc.'s (CVE:TBRD) CEO Compensation Might Cool off for now

TSXV:TBRD
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Key Insights

CEO Jenn McCarron has done a decent job of delivering relatively good performance at Thunderbird Entertainment Group Inc. (CVE:TBRD) recently. In light of this performance, CEO compensation will probably not be the main focus for shareholders as they go into the AGM on 6th of March. However, some shareholders will still be cautious of paying the CEO excessively.

Check out our latest analysis for Thunderbird Entertainment Group

Comparing Thunderbird Entertainment Group Inc.'s CEO Compensation With The Industry

According to our data, Thunderbird Entertainment Group Inc. has a market capitalization of CA$163m, and paid its CEO total annual compensation worth CA$1.4m over the year to June 2022. We note that's an increase of 33% above last year. We think total compensation is more important but our data shows that the CEO salary is lower, at CA$666k.

In comparison with other companies in the Canadian Entertainment industry with market capitalizations under CA$272m, the reported median total CEO compensation was CA$518k. Hence, we can conclude that Jenn McCarron is remunerated higher than the industry median. Moreover, Jenn McCarron also holds CA$505k worth of Thunderbird Entertainment Group stock directly under their own name.

Component20222021Proportion (2022)
Salary CA$666k CA$421k 49%
Other CA$700k CA$606k 51%
Total CompensationCA$1.4m CA$1.0m100%

Talking in terms of the industry, salary represented approximately 48% of total compensation out of all the companies we analyzed, while other remuneration made up 52% of the pie. Thunderbird Entertainment Group is largely mirroring the industry average when it comes to the share a salary enjoys in overall compensation. If non-salary compensation dominates total pay, it's an indicator that the executive's salary is tied to company performance.

ceo-compensation
TSXV:TBRD CEO Compensation February 28th 2023

A Look at Thunderbird Entertainment Group Inc.'s Growth Numbers

Thunderbird Entertainment Group Inc. has reduced its earnings per share by 69% a year over the last three years. It achieved revenue growth of 31% over the last year.

The decrease in EPS could be a concern for some investors. But in contrast the revenue growth is strong, suggesting future potential for EPS growth. It's hard to reach a conclusion about business performance right now. This may be one to watch. 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 Thunderbird Entertainment Group Inc. Been A Good Investment?

We think that the total shareholder return of 211%, over three years, would leave most Thunderbird Entertainment Group Inc. shareholders smiling. This strong performance might mean some shareholders don't mind if the CEO were to be paid more than is normal for a company of its size.

In Summary...

The overall company performance has been commendable, however there are still areas for improvement. We still think that some shareholders will be hesitant of increasing CEO pay until EPS growth improves, since they are already paid higher than the industry.

While it is important to pay attention to CEO remuneration, investors should also consider other elements of the business. That's why we did some digging and identified 2 warning signs for Thunderbird Entertainment Group that you should be aware of before investing.

Of course, you might find a fantastic investment by looking at a different set of stocks. So take a peek at this free list of interesting companies.

Valuation is complex, but we're helping make it simple.

Find out whether Thunderbird Entertainment Group is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

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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.