In This Article:
Thorsten Hermelink became the CEO of Hawesko Holding AG (FRA:HAW) in 2015. This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. Then we'll look at a snap shot of the business growth. Third, we'll reflect on the total return to shareholders over three years, as a second measure of business performance. The aim of all this is to consider the appropriateness of CEO pay levels.
Check out our latest analysis for Hawesko Holding
How Does Thorsten Hermelink's Compensation Compare With Similar Sized Companies?
At the time of writing our data says that Hawesko Holding AG has a market cap of €298m, and is paying total annual CEO compensation of €763k. (This figure is for the year to December 2018). While this analysis focuses on total compensation, it's worth noting the salary is lower, valued at €450k. When we examined a selection of companies with market caps ranging from €181m to €724m, we found the median CEO total compensation was €755k.
So Thorsten Hermelink is paid around the average of the companies we looked at. While this data point isn't particularly informative alone, it gains more meaning when considered with business performance.
You can see, below, how CEO compensation at Hawesko Holding has changed over time.
Is Hawesko Holding AG Growing?
Hawesko Holding AG has increased its earnings per share (EPS) by an average of 1.7% a year, over the last three years (using a line of best fit). In the last year, its revenue is up 5.6%.
I'm not particularly impressed by the revenue growth, but the modest improvement in EPS is good. It's clear the performance has been quite decent, but it it falls short of outstanding,based on this information. Shareholders might be interested in this free visualization of analyst forecasts.
Has Hawesko Holding AG Been A Good Investment?
Given the total loss of 12% over three years, many shareholders in Hawesko Holding AG are probably rather dissatisfied, to say the least. So shareholders would probably think the company shouldn't be too generous with CEO compensation.
In Summary...
Remuneration for Thorsten Hermelink is close enough to the median pay for a CEO of a similar sized company .
We would like to see somewhat stronger per share growth. And it's hard to argue that the returns over the last three years have delighted. So many would argue that the CEO is certainly not underpaid. If you think CEO compensation levels are interesting you will probably really like this free visualization of insider trading at Hawesko Holding.