Joe Bergera has been the CEO of Iteris Inc (NASDAQ:ITI) since 2015. This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. Then we’ll look at a snap shot of the business growth. And finally – as a second measure of performance – we will look at the returns shareholders have received over the last few years. This method should give us information to assess how appropriately the company pays the CEO.
How Does Joe Bergera’s Compensation Compare With Similar Sized Companies?
Our data indicates that Iteris Inc is worth US$160m, and total annual CEO compensation is US$1m. That’s a notable increase of 14% on last year. We examined companies with market caps from US$100m to US$400m, and discovered that the median CEO compensation of that group was US$918k.
Thus we can conclude that Joe Bergera receives more in total compensation than the median of a group of companies in the same market, and of similar size to Iteris Inc. However, this doesn’t necessarily mean the pay is too high. We can get a better idea of how generous the pay is by looking at the performance of the underlying business.
Is Iteris Inc Growing?
On average over the last three years, Iteris Inc has grown earnings per share (EPS) by 13% each year. Its revenue is up 2.8% over last year.
This demonstrates that the company has been improving recently. A good result. It’s nice to see a little revenue growth, as this is consistent with healthy business conditions.
You might want to check this free visual report on analyst forecasts for future earnings.
Has Iteris Inc Been A Good Investment?
Most shareholders would probably be pleased with Iteris Inc for providing a total return of 98% over three years. As a result, some may believe the CEO should be paid more than is normal for companies of similar size.
We the total CEO remuneration paid by Iteris Inc, and compared it to remuneration at a group of similar sized companies. As discussed above, we discovered that the company pays more than the median of that group.
However, the earnings per share growth over three years is certainly impressive. On top of that, in the same period, returns to shareholders have been great. Considering this fine result for shareholders, we daresay the CEO compensation might be apt. If you think CEO compensation levels are interesting you will probably really like this free visualization of insider trading at Iteris Inc.
Or you might prefer examine intently this intuitive graph showing past earnings and revenue.
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.