Michel Léonard became the CEO of BTB Real Estate Investment Trust (TSE:BTB.UN) in 2006. This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. Next, we’ll consider growth that the business demonstrates. Third, we’ll reflect on the total return to shareholders over three years, as a second measure of business performance. This process should give us an idea about how appropriately the CEO is paid.
How Does Michel Léonard’s Compensation Compare With Similar Sized Companies?
Our data indicates that BTB Real Estate Investment Trust is worth CA$245m, and total annual CEO compensation is CA$953k. (This number is for the twelve months until 2017). While we always look at total compensation first, we note that the salary component is less, at CA$541k. As part of our analysis we looked at companies in the same jurisdiction, with market capitalizations of CA$134m to CA$537m. The median total CEO compensation was CA$924k.
So Michel Léonard is paid around the average of the companies we looked at. This doesn’t tell us a whole lot on its own, but looking at the performance of the actual business will give us useful context.
You can see a visual representation of the CEO compensation at BTB Real Estate Investment Trust, below.
Is BTB Real Estate Investment Trust Growing?
Over the last three years BTB Real Estate Investment Trust has grown its earnings per share (EPS) by an average of 35% per year (using a line of best fit). In the last year, its revenue is up 12%.
This demonstrates that the company has been improving recently. A good result. This sort of respectable year-on-year revenue growth is often seen at a healthy, growing business.
Shareholders might be interested in this free visualization of analyst forecasts. .
Has BTB Real Estate Investment Trust Been A Good Investment?
I think that the total shareholder return of 47%, over three years, would leave most BTB Real Estate Investment Trust shareholders smiling. So they may not be at all concerned if the CEO were to be paid more than is normal for companies around the same size.
Remuneration for Michel Léonard is close enough to the median pay for a CEO of a similar sized company .
Few would be critical of the leadership, since returns have been juicy and earnings per share are moving in the right direction. Indeed, many might consider the pay rather modest, given the solid company performance! Shareholders may want to check for free if BTB Real Estate Investment Trust insiders are buying or selling shares.
Or you might prefer this data-rich interactive visualization of historic revenue and earnings.
To help readers see past the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price-sensitive company announcements.
The author is an independent contributor and at the time of publication had no position in the stocks mentioned. For errors that warrant correction please contact the editor at firstname.lastname@example.org.