In 2003 Massimo della Porta was appointed CEO of SAES Getters SpA (BIT:SG). 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 – 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.
See our latest analysis for SAES Getters
How Does Massimo della Porta’s Compensation Compare With Similar Sized Companies?
At the time of writing our data says that SAES Getters SpA has a market cap of €398m, and is paying total annual CEO compensation of €1m. Notably, that’s an increase of 67% over the year before. As part of our analysis we looked at companies in the same jurisdiction, with market capitalizations of €175m to €701m. The median total CEO compensation was €486k.
It would therefore appear that SAES Getters SpA pays Massimo della Porta 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 SAES Getters has changed over time.
Is SAES Getters SpA Growing?
SAES Getters SpA has increased its earnings per share (EPS) by an average of 27% a year, over the last three years Its revenue is up 35% over last year.
This demonstrates that the company has been improving recently. A good result. Most shareholders would be pleased to see strong revenue growth combined with EPS growth. This combo suggests a fast growing business.
It could be important to check this free visual depiction of what analysts expect for the future.
Has SAES Getters SpA Been A Good Investment?
I think that the total shareholder return of 153%, over three years, would leave most SAES Getters SpA shareholders smiling. As a result, some may believe the CEO should be paid more than is normal for companies of similar size.
In Summary…
We examined the amount SAES Getters SpA pays its CEO, and compared it to the amount paid by similar sized companies. Our data suggests that it pays above the median CEO pay within that group.
However we must not forget that the EPS growth has been very strong over three years. In addition, shareholders have done well over the same time period. Considering this fine result for shareholders, we daresay the CEO compensation might be apt. So you may want to check if insiders are buying SAES Getters SpA shares with their own money (free access).