In This Article:
William Liem Nursalim has been the CEO of Tuan Sing Holdings Limited (SGX:T24) since 2008. 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. This process should give us an idea about how appropriately the CEO is paid.
See our latest analysis for Tuan Sing Holdings
How Does William Liem Nursalim’s Compensation Compare With Similar Sized Companies?
According to our data, Tuan Sing Holdings Limited has a market capitalization of S$399m, and pays its CEO total annual compensation worth S$1m. That’s just a smallish increase of 0.1% on last year. As part of our analysis we looked at companies in the same jurisdiction, with market capitalizations of S$138m to S$553m. The median total CEO compensation was S$677k.
It would therefore appear that Tuan Sing Holdings Limited pays William Liem Nursalim 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.
The graphic below shows how CEO compensation at Tuan Sing Holdings has changed from year to year.
Is Tuan Sing Holdings Limited Growing?
Over the last three years Tuan Sing Holdings Limited has shrunk its earnings per share by an average of 2.9% per year. It saw its revenue drop -3.0% over the last year.
In the last three years the company has failed to grow earnings per s. And the impression is worse when you consider revenue is down year-on-year. So given this relatively weak performance, shareholders would probably not want to see high compensation for the CEO.
Shareholders might be interested in this free visualization of analyst forecasts. .
Has Tuan Sing Holdings Limited Been A Good Investment?
Tuan Sing Holdings Limited has generated a total shareholder return of 3.8% over three years, so most shareholders wouldn’t be too disappointed. 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…
We compared the total CEO remuneration paid by Tuan Sing Holdings Limited, and compared it to remuneration at a group of similar sized companies. Our data suggests that it pays above the median CEO pay within that group.