In This Article:
Johann Marihart has been the CEO of AGRANA Beteiligungs-Aktiengesellschaft (VIE:AGR) since 1992. This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. After that, we will consider the growth in the business. And finally we will reflect on how common stockholders have fared in the last few years, as a secondary measure of performance. The aim of all this is to consider the appropriateness of CEO pay levels.
See our latest analysis for AGRANA Beteiligungs-Aktiengesellschaft
How Does Johann Marihart's Compensation Compare With Similar Sized Companies?
Our data indicates that AGRANA Beteiligungs-Aktiengesellschaft is worth €1.0b, and total annual CEO compensation was reported as €1.6m for the year to February 2019. While we always look at total compensation first, we note that the salary component is less, at €721k. As part of our analysis we looked at companies in the same jurisdiction, with market capitalizations of €364m to €1.5b. The median total CEO compensation was €1.1m.
It would therefore appear that AGRANA Beteiligungs-Aktiengesellschaft pays Johann Marihart 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. A closer look at the performance of the underlying business will give us a better idea about whether the pay is particularly generous.
You can see, below, how CEO compensation at AGRANA Beteiligungs-Aktiengesellschaft has changed over time.
Is AGRANA Beteiligungs-Aktiengesellschaft Growing?
Over the last three years AGRANA Beteiligungs-Aktiengesellschaft has shrunk its earnings per share by an average of 28% per year (measured with a line of best fit). It saw its revenue drop 2.4% over the last year.
Few shareholders would be pleased to read that earnings per share are lower over three years. And the fact that revenue is down year on year arguably paints an ugly picture. So given this relatively weak performance, shareholders would probably not want to see high compensation for the CEO. You might want to check this free visual report on analyst forecasts for future earnings.
Has AGRANA Beteiligungs-Aktiengesellschaft Been A Good Investment?
With a three year total loss of 26%, AGRANA Beteiligungs-Aktiengesellschaft would certainly have some dissatisfied shareholders. This suggests it would be unwise for the company to pay the CEO too generously.
In Summary...
We compared the total CEO remuneration paid by AGRANA Beteiligungs-Aktiengesellschaft, and compared it to remuneration at a group of similar sized companies. As discussed above, we discovered that the company pays more than the median of that group.