In This Article:
Key Insights
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Singulus Technologies will host its Annual General Meeting on 25th of July
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Salary of €440.0k is part of CEO Stefan Rinck's total remuneration
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The total compensation is 34% higher than the average for the industry
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Over the past three years, Singulus Technologies' EPS grew by 73% and over the past three years, the total loss to shareholders 73%
In the past three years, the share price of Singulus Technologies AG (ETR:SNG) has struggled to grow and now shareholders are sitting on a loss. Despite positive EPS growth in the past few years, the share price hasn't tracked the fundamental performance of the company. The AGM coming up on the 25th of July could be an opportunity for shareholders to bring these concerns to the board's attention. They could also influence management through voting on resolutions such as executive remuneration. Here's our take on why we think shareholders may want to be cautious of approving a raise for the CEO at the moment.
See our latest analysis for Singulus Technologies
Comparing Singulus Technologies AG's CEO Compensation With The Industry
At the time of writing, our data shows that Singulus Technologies AG has a market capitalization of €12m, and reported total annual CEO compensation of €702k for the year to December 2023. We note that's a decrease of 12% compared to last year. Notably, the salary which is €440.0k, represents most of the total compensation being paid.
On comparing similar-sized companies in the German Machinery industry with market capitalizations below €184m, we found that the median total CEO compensation was €523k. This suggests that Stefan Rinck is paid more than the median for the industry.
Component | 2023 | 2022 | Proportion (2023) |
Salary | €440k | €440k | 63% |
Other | €262k | €362k | 37% |
Total Compensation | €702k | €802k | 100% |
On an industry level, around 42% of total compensation represents salary and 58% is other remuneration. According to our research, Singulus Technologies has allocated a higher percentage of pay to salary in comparison to the wider industry. If salary dominates total compensation, it suggests that CEO compensation is leaning less towards the variable component, which is usually linked with performance.
Singulus Technologies AG's Growth
Over the past three years, Singulus Technologies AG has seen its earnings per share (EPS) grow by 73% per year. In the last year, its revenue is down 17%.
Shareholders would be glad to know that the company has improved itself over the last few years. The lack of revenue growth isn't ideal, but it is the bottom line that counts most in business. Historical performance can sometimes be a good indicator on what's coming up next but if you want to peer into the company's future you might be interested in this free visualization of analyst forecasts.