Shareholders May Be More Conservative With Meta Bright Group Berhad's (KLSE:MBRIGHT) CEO Compensation For Now

Key Insights

• Meta Bright Group Berhad will host its Annual General Meeting on 3rd of December
• Salary of RM420.0k is part of CEO Chee Lee's total remuneration
• Total compensation is 67% above industry average
• Meta Bright Group Berhad's EPS grew by 206% over the past three years while total shareholder return over the past three years was 92%

Under the guidance of CEO Chee Lee, Meta Bright Group Berhad (KLSE:MBRIGHT) has performed reasonably well recently. This is something shareholders will keep in mind as they cast their votes on company resolutions such as executive remuneration in the upcoming AGM on 3rd of December. However, some shareholders will still be cautious of paying the CEO excessively.

View our latest analysis for Meta Bright Group Berhad

Comparing Meta Bright Group Berhad's CEO Compensation With The Industry

At the time of writing, our data shows that Meta Bright Group Berhad has a market capitalization of RM367m, and reported total annual CEO compensation of RM491k for the year to June 2024. That's a modest increase of 4.2% on the prior year. Notably, the salary which is RM420.0k, represents most of the total compensation being paid.

In comparison with other companies in the Malaysian Hospitality industry with market capitalizations under RM892m, the reported median total CEO compensation was RM293k. Accordingly, our analysis reveals that Meta Bright Group Berhad pays Chee Lee north of the industry median. Furthermore, Chee Lee directly owns RM15m worth of shares in the company, implying that they are deeply invested in the company's success.

Component	2024	2023	Proportion (2024)
Salary	RM420k	RM420k	86%
Other	RM71k	RM52k	14%
Total Compensation	RM491k	RM472k	100%

On an industry level, roughly 70% of total compensation represents salary and 30% is other remuneration. According to our research, Meta Bright Group Berhad has allocated a higher percentage of pay to salary in comparison to the wider industry. If total compensation veers towards salary, it suggests that the variable portion - which is generally tied to performance, is lower.

Meta Bright Group Berhad's Growth

Over the past three years, Meta Bright Group Berhad has seen its earnings per share (EPS) grow by 206% per year. In the last year, its revenue is up 203%.

Overall this is a positive result for shareholders, showing that the company has improved in recent years. Most shareholders would be pleased to see strong revenue growth combined with EPS growth. This combo suggests a fast growing business. While we don't have analyst forecasts for the company, shareholders might want to examine this detailed historical graph of earnings, revenue and cash flow.

Has Meta Bright Group Berhad Been A Good Investment?

We think that the total shareholder return of 92%, over three years, would leave most Meta Bright Group Berhad shareholders smiling. As a result, some may believe the CEO should be paid more than is normal for companies of similar size.

In Summary...

Given that the company's overall performance has been reasonable, the CEO remuneration policy might not be shareholders' central point of focus in the upcoming AGM. Still, not all shareholders might be in favor of a pay raise to the CEO, seeing that they are already being paid higher than the industry.

CEO compensation is a crucial aspect to keep your eyes on but investors also need to keep their eyes open for other issues related to business performance. That's why we did some digging and identified 4 warning signs for Meta Bright Group Berhad that you should be aware of before investing.

Arguably, business quality is much more important than CEO compensation levels. So check out this free list of interesting companies that have HIGH return on equity and low debt.

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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.