In This Article:
Bart Aangenendt has been the CEO of Hydratec Industries NV (AMS:HYDRA) since 2015. This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. Next, we'll consider growth that the business demonstrates. 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 Hydratec Industries
How Does Bart Aangenendt's Compensation Compare With Similar Sized Companies?
Our data indicates that Hydratec Industries NV is worth €91m, and total annual CEO compensation is €392k. (This number is for the twelve months until December 2018). We think total compensation is more important but we note that the CEO salary is lower, at €260k. We examined a group of similar sized companies, with market capitalizations of below €181m. The median CEO total compensation in that group is €424k.
So Bart Aangenendt receives a similar amount to the median CEO pay, amongst the companies we looked at. This doesn't tell us a whole lot on its own, but looking at the performance of the actual business will give us useful context.
The graphic below shows how CEO compensation at Hydratec Industries has changed from year to year.
Is Hydratec Industries NV Growing?
Over the last three years Hydratec Industries NV has grown its earnings per share (EPS) by an average of 6.4% per year (using a line of best fit). In the last year, its revenue is up 22%.
I would argue that the modest growth in revenue is a notable positive. And the modest growth in earnings per share isn't bad, either. So while performance isn't amazing, we think it really does seem quite respectable. We don't have analyst forecasts, but you might want to assess this data-rich visualization of earnings, revenue and cash flow.
Has Hydratec Industries NV Been A Good Investment?
Boasting a total shareholder return of 72% over three years, Hydratec Industries NV 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.
In Summary...
Bart Aangenendt is paid around the same as most CEOs of similar size companies.
While the growth could be better, the shareholder returns are clearly good. So all things considered I'd venture that the CEO pay is appropriate. If you think CEO compensation levels are interesting you will probably really like this free visualization of insider trading at Hydratec Industries.