Key Insights

• Sylvania Platinum to hold its Annual General Meeting on 24th of November

• CEO Jaco Prinsloo's total compensation includes salary of US$295.3k

• The total compensation is similar to the average for the industry

• Over the past three years, Sylvania Platinum's EPS grew by 5.7% and over the past three years, the total shareholder return was 19%

Under the guidance of CEO Jaco Prinsloo, Sylvania Platinum Limited (LON:SLP) has performed reasonably well recently. As shareholders go into the upcoming AGM on 24th of November, CEO compensation will probably not be their focus, but rather the steps management will take to continue the growth momentum. Here is our take on why we think the CEO compensation looks appropriate.

View our latest analysis for Sylvania Platinum

Comparing Sylvania Platinum Limited's CEO Compensation With The Industry

Our data indicates that Sylvania Platinum Limited has a market capitalization of UK￡185m, and total annual CEO compensation was reported as US$480k for the year to June 2023. That's a notable decrease of 10% on last year. Notably, the salary which is US$295.3k, represents most of the total compensation being paid.

On examining similar-sized companies in the British Metals and Mining industry with market capitalizations between UK￡80m and UK￡322m, we discovered that the median CEO total compensation of that group was US$640k. So it looks like Sylvania Platinum compensates Jaco Prinsloo in line with the median for the industry. Moreover, Jaco Prinsloo also holds UK￡1.0m worth of Sylvania Platinum stock directly under their own name, which reveals to us that they have a significant personal stake in the company.

On an industry level, around 65% of total compensation represents salary and 35% is other remuneration. Sylvania Platinum is largely mirroring the industry average when it comes to the share a salary enjoys in overall compensation. If salary is the major component in total compensation, it suggests that the CEO receives a higher fixed proportion of the total compensation, regardless of performance.

A Look at Sylvania Platinum Limited's Growth Numbers

Sylvania Platinum Limited has seen its earnings per share (EPS) increase by 5.7% a year over the past three years. It saw its revenue drop 14% over the last year.

We would argue that the lack of revenue growth in the last year is less than ideal, but it is good to see a modest EPS growth at least. It's hard to reach a conclusion about business performance right now. This may be one to watch. Moving away from current form for a second, it could be important to check this free visual depiction of what analysts expect for the future.