Should You Be Pleased About The CEO Pay At Vetoquinol SA’s (EPA:VETO)

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In 2010 Matthieu Frechin was appointed CEO of Vetoquinol SA (EPA:VETO). 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. This process should give us an idea about how appropriately the CEO is paid.

View our latest analysis for Vetoquinol

How Does Matthieu Frechin’s Compensation Compare With Similar Sized Companies?

Our data indicates that Vetoquinol SA is worth US$581m, and total annual CEO compensation is US$429k. That’s a modest increase of 4.8% on the prior year year. As part of our analysis we looked at companies in the same jurisdiction, with market capitalizations of €351m to €1.4b. The median total CEO compensation was €565k.

That means Matthieu Frechin receives fairly typical remuneration for the CEO of a company that size. 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.

You can see, below, how CEO compensation at Vetoquinol has changed over time.

ENXTPA:VETO CEO Compensation November 18th 18
ENXTPA:VETO CEO Compensation November 18th 18

Is Vetoquinol SA Growing?

Vetoquinol SA has increased its earnings per share (EPS) by an average of 13% a year, over the last three years The trailing twelve months of revenue was pretty much the same as the prior period.

This shows that the company has improved itself over the last few years. Good news for shareholders. Revenue growth is a real positive for growth, but ultimately profits are more important.

It could be important to check this free visual depiction of what analysts expect for the future.

Has Vetoquinol SA Been A Good Investment?

With a total shareholder return of 30% over three years, Vetoquinol SA shareholders would, in general, be reasonably content. But they probably wouldn’t be so happy as to think the CEO should be paid more than is normal, for companies around this size.

In Summary…

Matthieu Frechin is paid around the same as most CEOs of similar size companies.

We would wish for better returns (whether dividends or capital gains) but we do admire the solid EPS growth on show here. So considering these factors, we think the CEO pay is probably quite reasonable. So you may want to check if insiders are buying Vetoquinol SA shares with their own money (free access).

Or you might prefer this data-rich interactive visualization of historic revenue and earnings.

To help readers see past the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price-sensitive company announcements.

The author is an independent contributor and at the time of publication had no position in the stocks mentioned. For errors that warrant correction please contact the editor at editorial-team@simplywallst.com.

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