Key Insights

• Jubilee Metals Group to hold its Annual General Meeting on 3rd of January

• Salary of UK￡447.4k is part of CEO Leon Coetzer's total remuneration

• The overall pay is 43% above the industry average

• Jubilee Metals Group's three-year loss to shareholders was 52% while its EPS was down 23% over the past three years

The results at Jubilee Metals Group PLC (LON:JLP) have been quite disappointing recently and CEO Leon Coetzer bears some responsibility for this. Shareholders can take the chance to hold the board and management accountable for the unsatisfactory performance at the next AGM on 3rd of January. This will be also be a chance where they can challenge the board on company direction and vote on resolutions such as executive remuneration. The data we present below explains why we think CEO compensation is not consistent with recent performance.

Check out our latest analysis for Jubilee Metals Group

How Does Total Compensation For Leon Coetzer Compare With Other Companies In The Industry?

At the time of writing, our data shows that Jubilee Metals Group PLC has a market capitalization of UK￡190m, and reported total annual CEO compensation of UK￡688k for the year to June 2023. That's just a smallish increase of 6.1% on last year. We note that the salary portion, which stands at UK￡447.4k constitutes the majority of total compensation received by the CEO.

In comparison with other companies in the British Metals and Mining industry with market capitalizations ranging from UK￡78m to UK￡313m, the reported median CEO total compensation was UK￡481k. This suggests that Leon Coetzer is paid more than the median for the industry. What's more, Leon Coetzer holds UK￡51k worth of shares in the company in their own name.

On an industry level, around 65% of total compensation represents salary and 35% is other remuneration. There isn't a significant difference between Jubilee Metals Group and the broader market, in terms of salary allocation in the overall compensation package. If salary dominates total compensation, it suggests that CEO compensation is leaning less towards the variable component, which is usually linked with performance.

A Look at Jubilee Metals Group PLC's Growth Numbers

Jubilee Metals Group PLC has reduced its earnings per share by 23% a year over the last three years. In the last year, its revenue is up 1.4%.

The decline in EPS is a bit concerning. The modest increase in revenue in the last year isn't enough to make us overlook the disappointing change in EPS. So given this relatively weak performance, shareholders would probably not want to see high compensation for the CEO. 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.