In This Article:
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Borries Broszio is the CEO of Passat Société Anonyme (EPA:PSAT). First, this article will compare CEO compensation with compensation at similar sized companies. 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 Passat Société Anonyme
How Does Borries Broszio's Compensation Compare With Similar Sized Companies?
At the time of writing our data says that Passat Société Anonyme has a market cap of €14m, and is paying total annual CEO compensation of €287k. (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 €239k. We looked at a group of companies with market capitalizations under €179m, and the median CEO total compensation was €138k.
It would therefore appear that Passat Société Anonyme pays Borries Broszio more than the median CEO remuneration at companies of a similar size, in the same market. However, this fact alone doesn't mean the remuneration is too high. We can get a better idea of how generous the pay is by looking at the performance of the underlying business.
You can see, below, how CEO compensation at Passat Société Anonyme has changed over time.
Is Passat Société Anonyme Growing?
Over the last three years Passat Société Anonyme has shrunk its earnings per share by an average of 30% per year (measured with a line of best fit). It saw its revenue drop -10% over the last year.
Few shareholders would be pleased to read that earnings per share are lower over three years. This is compounded by the fact revenue is actually down on last year. So given this relatively weak performance, shareholders would probably not want to see high compensation for the CEO. Although we don't have analyst forecasts, you could get a better understanding of its growth by checking out this more detailed historical graph of earnings, revenue and cash flow.
Has Passat Société Anonyme Been A Good Investment?
Since shareholders would have lost about 23% over three years, some Passat Société Anonyme shareholders would surely be feeling negative emotions. So shareholders would probably think the company shouldn't be too generous with CEO compensation.
In Summary...
We examined the amount Passat Société Anonyme pays its CEO, and compared it to the amount paid by similar sized companies. We found that it pays well over the median amount paid in the benchmark group.