In This Article:
Jean-Luc Biamonti has been the CEO of Société Anonyme des Bains de Mer et du Cercle des Étrangers à Monaco (EPA:BAIN) since 2013. 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. This method should give us information to assess how appropriately the company pays the CEO.
How Does Jean-Luc Biamonti's Compensation Compare With Similar Sized Companies?
At the time of writing our data says that Société Anonyme des Bains de Mer et du Cercle des Étrangers à Monaco has a market cap of €1.4b, and is paying total annual CEO compensation of €2.0m. (This figure is for the year to March 2019). We note that's an increase of 247% above last year. While we always look at total compensation first, we note that the salary component is less, at €670k. We examined companies with market caps from €906m to €2.9b, and discovered that the median CEO total compensation of that group was €1.2m.
As you can see, Jean-Luc Biamonti is paid more than the median CEO pay at companies of a similar size, in the same market. However, this does not necessarily mean Société Anonyme des Bains de Mer et du Cercle des Étrangers à Monaco is paying too much. A closer look at the performance of the underlying business will give us a better idea about whether the pay is particularly generous.
The graphic below shows how CEO compensation at Société Anonyme des Bains de Mer et du Cercle des Étrangers à Monaco has changed from year to year.
Is Société Anonyme des Bains de Mer et du Cercle des Étrangers à Monaco Growing?
On average over the last three years, Société Anonyme des Bains de Mer et du Cercle des Étrangers à Monaco has grown earnings per share (EPS) by 75% each year (using a line of best fit). Its revenue is up 11% over last year.
This shows that the company has improved itself over the last few years. Good news for shareholders. It's a real positive to see this sort of growth in a single year. That suggests a healthy and growing business. We don't have analyst forecasts, but shareholders might want to examine this detailed historical graph of earnings, revenue and cash flow.
Has Société Anonyme des Bains de Mer et du Cercle des Étrangers à Monaco Been A Good Investment?
Boasting a total shareholder return of 80% over three years, Société Anonyme des Bains de Mer et du Cercle des Étrangers à Monaco has done well by shareholders. This strong performance might mean some shareholders don't mind if the CEO were to be paid more than is normal for a company of its size.