Is Sing Investments & Finance Limited's (SGX:S35) CEO Paid At A Competitive Rate?

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In 1997 Sze Leong Lee was appointed CEO of Sing Investments & Finance Limited (SGX:S35). This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. Next, we'll consider growth that the business demonstrates. And finally - as a second measure of performance - we will look at the returns shareholders have received over the last few years. This process should give us an idea about how appropriately the CEO is paid.

View our latest analysis for Sing Investments & Finance

How Does Sze Leong Lee's Compensation Compare With Similar Sized Companies?

At the time of writing, our data says that Sing Investments & Finance Limited has a market cap of S$225m, and reported total annual CEO compensation of S$1.4m for the year to December 2018. While we always look at total compensation first, we note that the salary component is less, at S$797k. As part of our analysis we looked at companies in the same jurisdiction, with market capitalizations of S$135m to S$539m. The median total CEO compensation was S$920k.

Thus we can conclude that Sze Leong Lee receives more in total compensation than the median of a group of companies in the same market, and of similar size to Sing Investments & Finance Limited. However, this doesn't necessarily mean the pay is too high. We can better assess whether the pay is overly generous by looking into the underlying business performance.

You can see, below, how CEO compensation at Sing Investments & Finance has changed over time.

SGX:S35 CEO Compensation, January 16th 2020
SGX:S35 CEO Compensation, January 16th 2020

Is Sing Investments & Finance Limited Growing?

On average over the last three years, Sing Investments & Finance Limited has grown earnings per share (EPS) by 13% each year (using a line of best fit). Revenue was pretty flat on last year.

Overall this is a positive result for shareholders, showing that the company has improved in recent years. It's good to see a bit of revenue growth, as this suggests the business is able to grow sustainably. Although we don't have analyst forecasts shareholders might want to examine this detailed historical graph of earnings, revenue and cash flow.

Has Sing Investments & Finance Limited Been A Good Investment?

Most shareholders would probably be pleased with Sing Investments & Finance Limited for providing a total return of 36% over three years. 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...

We examined the amount Sing Investments & Finance Limited 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.