Here's Why Shareholders May Want To Be Cautious With Increasing N1 Holdings Limited's (ASX:N1H) CEO Pay Packet
Key Insights
- N1 Holdings will host its Annual General Meeting on 21st of November
- CEO Ren Wong's total compensation includes salary of AU$512.0k
- Total compensation is similar to the industry average
- Over the past three years, N1 Holdings' EPS grew by 4.8% and over the past three years, the total loss to shareholders 34%
Shareholders of N1 Holdings Limited (ASX:N1H) will have been dismayed by the negative share price return over the last three years. However, what is unusual is that EPS growth has been positive, suggesting that the share price has diverged from fundamentals. The AGM coming up on the 21st of November could be an opportunity for shareholders to bring these concerns to the board's attention. They could also try to influence management and firm direction through voting on resolutions such as executive remuneration and other company matters. 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 N1 Holdings
How Does Total Compensation For Ren Wong Compare With Other Companies In The Industry?
At the time of writing, our data shows that N1 Holdings Limited has a market capitalization of AU$11m, and reported total annual CEO compensation of AU$652k for the year to June 2025. That's a notable increase of 8.6% on last year. We note that the salary portion, which stands at AU$512.0k constitutes the majority of total compensation received by the CEO.
In comparison with other companies in the Australian Diversified Financial industry with market capitalizations under AU$306m, the reported median total CEO compensation was AU$657k. From this we gather that Ren Wong is paid around the median for CEOs in the industry. What's more, Ren Wong holds AU$6.5m worth of shares in the company in their own name, indicating that they have a lot of skin in the game.
| Component | 2025 | 2024 | Proportion (2025) |
| Salary | AU$512k | AU$492k | 79% |
| Other | AU$140k | AU$108k | 21% |
| Total Compensation | AU$652k | AU$601k | 100% |
On an industry level, around 64% of total compensation represents salary and 36% is other remuneration. N1 Holdings pays out 79% of remuneration in the form of a salary, significantly higher than the industry average. If salary is the major component in total compensation, it suggests that the CEO receives a higher fixed proportion of the total compensation, regardless of performance.
A Look at N1 Holdings Limited's Growth Numbers
N1 Holdings Limited's earnings per share (EPS) grew 4.8% per year over the last three years. In the last year, its revenue is up 8.2%.
We'd prefer higher revenue growth, but the modest improvement in EPS is good. It's clear the performance has been quite decent, but it it falls short of outstanding,based on this information. Although we don't have analyst forecasts, you might want to assess this data-rich visualization of earnings, revenue and cash flow.
Has N1 Holdings Limited Been A Good Investment?
With a total shareholder return of -34% over three years, N1 Holdings Limited shareholders would by and large be disappointed. Therefore, it might be upsetting for shareholders if the CEO were paid generously.
In Summary...
Shareholders have not seen their shares grow in value, rather they have seen their shares decline. The fact that the stock price hasn't grown along with earnings may indicate that other issues may be affecting that stock. If there are some unknown variables that are influencing the stock's price, surely shareholders would have some concerns. The upcoming AGM will be a chance for shareholders to question the board on key matters, such as CEO remuneration or any other issues they might have and revisit their investment thesis with regards to the company.
CEO compensation is an important area to keep your eyes on, but we've also need to pay attention to other attributes of the company. We identified 4 warning signs for N1 Holdings (3 are a bit concerning!) that you should be aware of before investing here.
Arguably, business quality is much more important than CEO compensation levels. So check out this free list of interesting companies that have HIGH return on equity and low debt.
Valuation is complex, but we're here to simplify it.
Discover if N1 Holdings might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.