Is Curetis N.V.'s (AMS:CURE) CEO Pay Fair?
Oliver Schacht has been the CEO of Curetis N.V. (AMS:CURE) since 2011. This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. After that, we will consider the growth in the business. And finally - as a second measure of performance - we will look at the returns shareholders have received over the last few years. The aim of all this is to consider the appropriateness of CEO pay levels.
View our latest analysis for Curetis
How Does Oliver Schacht's Compensation Compare With Similar Sized Companies?
According to our data, Curetis N.V. has a market capitalization of €13m, and paid its CEO total annual compensation worth €318k over the year to December 2018. We think total compensation is more important but we note that the CEO salary is lower, at €240k. We took a group of companies with market capitalizations below €180m, and calculated the median CEO total compensation to be €418k.
So Oliver Schacht is paid around the average of the companies we looked at. While this data point isn't particularly informative alone, it gains more meaning when considered with business performance.
You can see, below, how CEO compensation at Curetis has changed over time.
Is Curetis N.V. Growing?
On average over the last three years, Curetis N.V. has shrunk earnings per share by 9.6% each year (measured with a line of best fit). Its revenue is up 4.1% over last year.
Sadly for shareholders, earnings per share are actually down, over three years. The modest increase in revenue in the last year isn't enough to make me overlook the disappointing change in earnings per share. So given this relatively weak performance, shareholders would probably not want to see high compensation for the CEO. We don't have analyst forecasts, but shareholders might want to examine this detailed historical graph of earnings, revenue and cash flow.
Has Curetis N.V. Been A Good Investment?
Given the total loss of 92% over three years, many shareholders in Curetis N.V. are probably rather dissatisfied, to say the least. This suggests it would be unwise for the company to pay the CEO too generously.
In Summary...
Oliver Schacht is paid around the same as most CEOs of similar size companies.
The company isn't growing EPS, and shareholder returns have been disappointing. Suffice it to say, we don't think the CEO is underpaid! If you think CEO compensation levels are interesting you will probably really like this free visualization of insider trading at Curetis.
Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.
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