In This Article:
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The CEO of Mirza International Limited (NSE:MIRZAINT) is Rashid Mirza. First, this article will compare CEO compensation with compensation at similar sized companies. After that, we will consider the growth in the business. And finally we will reflect on how common stockholders have fared in the last few years, as a secondary measure of performance. This process should give us an idea about how appropriately the CEO is paid.
Check out our latest analysis for Mirza International
How Does Rashid Mirza's Compensation Compare With Similar Sized Companies?
According to our data, Mirza International Limited has a market capitalization of ₹7.1b, and pays its CEO total annual compensation worth ₹23m. (This is based on the year to March 2018). Notably, the salary of ₹23m is the vast majority of the CEO compensation. We looked at a group of companies with market capitalizations under ₹14b, and the median CEO total compensation was ₹1.3m.
It would therefore appear that Mirza International Limited pays Rashid Mirza more than the median CEO remuneration at companies of a similar size, in the same market. However, this fact alone doesn't mean the remuneration is too high. We can better assess whether the pay is overly generous by looking into the underlying business performance.
You can see a visual representation of the CEO compensation at Mirza International, below.
Is Mirza International Limited Growing?
On average over the last three years, Mirza International Limited has shrunk earnings per share by 10% each year (measured with a line of best fit). It achieved revenue growth of 18% over the last year.
Unfortunately, earnings per share have trended lower over the last three years. While the revenue growth is good to see, it is outweighed by the fact that earnings per share are down, over three years. These factors suggest that the business performance wouldn't really justify a high pay packet for the CEO. You might want to check this free visual report on analyst forecasts for future earnings.
Has Mirza International Limited Been A Good Investment?
Given the total loss of 36% over three years, many shareholders in Mirza International Limited are probably rather dissatisfied, to say the least. It therefore might be upsetting for shareholders if the CEO were paid generously.
In Summary...
We compared total CEO remuneration at Mirza International Limited with the amount paid at companies with a similar market capitalization. As discussed above, we discovered that the company pays more than the median of that group.