How Much is Byggmax Group AB (publ)'s (STO:BMAX) CEO Getting Paid?

In 2016 Mattias Ankarberg was appointed CEO of Byggmax Group AB (publ) (STO:BMAX). This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. Then we'll look at a snap shot of the business growth. 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.

See our latest analysis for Byggmax Group

How Does Mattias Ankarberg's Compensation Compare With Similar Sized Companies?

Our data indicates that Byggmax Group AB (publ) is worth kr1.5b, and total annual CEO compensation was reported as kr6.6m for the year to December 2018. While we always look at total compensation first, we note that the salary component is less, at kr5.0m. We looked at a group of companies with market capitalizations from kr935m to kr3.7b, and the median CEO total compensation was kr3.7m.

Thus we can conclude that Mattias Ankarberg receives more in total compensation than the median of a group of companies in the same market, and of similar size to Byggmax Group AB (publ). However, this doesn't necessarily mean the pay is too high. We can better assess whether the pay is overly generous by looking into the underlying business performance.

You can see, below, how CEO compensation at Byggmax Group has changed over time.

Is Byggmax Group AB (publ) Growing?

Over the last three years Byggmax Group AB (publ) has shrunk its earnings per share by an average of 35% per year (measured with a line of best fit). In the last year, its revenue is up 3.3%.

Unfortunately, earnings per share have trended lower over the last three years. And the modest revenue growth over 12 months isn't much comfort against the reduced earnings per share. So given this relatively weak performance, shareholders would probably not want to see high compensation for the CEO. Shareholders might be interested in this free visualization of analyst forecasts.

Has Byggmax Group AB (publ) Been A Good Investment?

With a three year total loss of 55%, Byggmax Group AB (publ) would certainly have some dissatisfied shareholders. So shareholders would probably think the company shouldn't be too generous with CEO compensation.

In Summary...

We examined the amount Byggmax Group AB (publ) 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.

We think many shareholders would be underwhelmed with the business growth over the last three years. Just as bad, share price gains for investors have failed to materialize, over the same period. Some might well form the view that the CEO is paid too generously! So you may want to check if insiders are buying Byggmax Group shares with their own money (free access).

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

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned.

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