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The CEO of Mainova AG (FRA:MNV6) is Constantin Alsheimer. 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 we will reflect on how common stockholders have fared in the last few years, as a secondary measure of performance. The aim of all this is to consider the appropriateness of CEO pay levels.

View our latest analysis for Mainova

How Does Constantin Alsheimer's Compensation Compare With Similar Sized Companies?

At the time of writing our data says that Mainova AG has a market cap of €2.2b, and is paying total annual CEO compensation of €817k. (This number is for the twelve months until December 2017). While we always look at total compensation first, we note that the salary component is less, at €330k. When we examined a selection of companies with market caps ranging from €1.8b to €5.7b, we found the median CEO total compensation was €2.3m.

Most shareholders would consider it a positive that Constantin Alsheimer takes less total compensation than the CEOs of most similar size companies, leaving more for shareholders. While this is a good thing, you'll need to understand the business better before you can form an opinion.

You can see a visual representation of the CEO compensation at Mainova, below.

Is Mainova AG Growing?

Over the last three years Mainova AG has grown its earnings per share (EPS) by an average of 13% per year (using a line of best fit). In the last year, its revenue is up 2.4%.

This demonstrates that the company has been improving recently. A good result. It's good to see a bit of revenue growth, as this suggests the business is able to grow sustainably. We don't have analyst forecasts, but you might want to assess this data-rich visualization of earnings, revenue and cash flow.

Has Mainova AG Been A Good Investment?

I think that the total shareholder return of 34%, over three years, would leave most Mainova AG shareholders smiling. As a result, some may believe the CEO should be paid more than is normal for companies of similar size.

In Summary...

It appears that Mainova AG remunerates its CEO below most similar sized companies. Considering the underlying business is growing earnings, this would suggest the pay is modest. The pleasing shareholder returns are the cherry on top; you might even consider that Constantin Alsheimer deserves a raise!