Does Burkhalter Holding AG’s (VTX:BRKN) CEO Salary Compare Well With Others?

In 2008 Marco Syfrig was appointed CEO of Burkhalter Holding AG (VTX:BRKN). This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. Next, we’ll consider growth that the business demonstrates. 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.

View our latest analysis for Burkhalter Holding

How Does Marco Syfrig’s Compensation Compare With Similar Sized Companies?

At the time of writing our data says that Burkhalter Holding AG has a market cap of CHF474m, and is paying total annual CEO compensation of CHF729k. (This number is for the twelve months until 2017). While we always look at total compensation first, we note that the salary component is less, at CHF444k. When we examined a selection of companies with market caps ranging from CHF199m to CHF797m, we found the median CEO compensation was CHF869k.

So Marco Syfrig receives a similar amount to the median CEO pay, amongst 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 a visual representation of the CEO compensation at Burkhalter Holding, below.

SWX:BRKN CEO Compensation December 17th 18
SWX:BRKN CEO Compensation December 17th 18

Is Burkhalter Holding AG Growing?

Burkhalter Holding AG has reduced its earnings per share by an average of 7.0% a year, over the last three years. In the last year, its revenue is down -1.6%.

Sadly for shareholders, earnings per share are actually down, over three years. This is compounded by the fact revenue is actually down on last year. It’s hard to argue the company is firing on all cylinders, so shareholders might be averse to high CEO remuneration.

Shareholders might be interested in this free visualization of analyst forecasts. .

Has Burkhalter Holding AG Been A Good Investment?

With a three year total loss of 15%, Burkhalter Holding AG would certainly have some dissatisfied shareholders. This suggests it would be unwise for the company to pay the CEO too generously.

In Summary…

Marco Syfrig is paid around the same as most CEOs of similar size companies.

Returns have been disappointing and the company is not growing its earnings per share. Most would consider it prudent for the company to hold off any CEO pay rise until performance improves. Whatever your view on compensation, you might want to check if insiders are buying or selling Burkhalter Holding shares (free trial).

Or you might prefer this data-rich interactive visualization of historic revenue and earnings.

To help readers see past the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price-sensitive company announcements.

The author is an independent contributor and at the time of publication had no position in the stocks mentioned. For errors that warrant correction please contact the editor at editorial-team@simplywallst.com.