This Is Why Saudi Arabian Mining Company (Ma'aden)'s (TADAWUL:1211) CEO Can Expect A Bump Up In Their Pay Packet

Key Insights

• Saudi Arabian Mining Company (Ma'aden) to hold its Annual General Meeting on 24th of June
• Salary of ر.س250.0k is part of CEO Bob Wilt's total remuneration
• The total compensation is 48% less than the average for the industry
• Over the past three years, Saudi Arabian Mining Company (Ma'aden)'s EPS fell by 20% and over the past three years, the total shareholder return was 32%

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Shareholders will probably not be disappointed by the robust results at Saudi Arabian Mining Company (Ma'aden) (TADAWUL:1211) recently and they will be keeping this in mind as they go into the AGM on 24th of June. They will probably be more interested in hearing the board discuss future initiatives to further improve the business as they vote on resolutions such as executive remuneration. Here is our take on why we think CEO compensation is fair and may even warrant a raise.

View our latest analysis for Saudi Arabian Mining Company (Ma'aden)

How Does Total Compensation For Bob Wilt Compare With Other Companies In The Industry?

According to our data, Saudi Arabian Mining Company (Ma'aden) has a market capitalization of ر.س184b, and paid its CEO total annual compensation worth ر.س650k over the year to December 2024. We note that's an increase of 23% above last year. While we always look at total compensation first, our analysis shows that the salary component is less, at ر.س250k.

In comparison with other companies in the Saudi Arabia Metals and Mining industry with market capitalizations over ر.س30b, the reported median total CEO compensation was ر.س1.3m. In other words, Saudi Arabian Mining Company (Ma'aden) pays its CEO lower than the industry median.

Component	2024	2023	Proportion (2024)
Salary	ر.س250k	-	38%
Other	ر.س400k	ر.س530k	62%
Total Compensation	ر.س650k	ر.س530k	100%

On an industry level, around 89% of total compensation represents salary and 11% is other remuneration. Saudi Arabian Mining Company (Ma'aden) sets aside a smaller share of compensation for salary, in comparison to the overall industry. If non-salary compensation dominates total pay, it's an indicator that the executive's salary is tied to company performance.

Saudi Arabian Mining Company (Ma'aden)'s Growth

Saudi Arabian Mining Company (Ma'aden) has reduced its earnings per share by 20% a year over the last three years. Its revenue is up 18% over the last year.

Investors would be a bit wary of companies that have lower EPS But in contrast the revenue growth is strong, suggesting future potential for EPS growth. In conclusion we can't form a strong opinion about business performance yet; but it's one worth watching. 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 Saudi Arabian Mining Company (Ma'aden) Been A Good Investment?

With a total shareholder return of 32% over three years, Saudi Arabian Mining Company (Ma'aden) shareholders would, in general, be reasonably content. But they probably wouldn't be so happy as to think the CEO should be paid more than is normal, for companies around this size.

To Conclude...

While the company seems to be headed in the right direction performance-wise, there's always room for improvement. If it manages to keep up the current streak, CEO remuneration could well be one of shareholders' least concerns. Rather, investors would more likely want to engage on discussions related to key strategic initiatives and future growth opportunities for the company and set their longer-term expectations.

CEO compensation can have a massive impact on performance, but it's just one element. That's why we did some digging and identified 1 warning sign for Saudi Arabian Mining Company (Ma'aden) that investors should think about before committing capital to this stock.

Switching gears from Saudi Arabian Mining Company (Ma'aden), 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.

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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.