Picanol nv

ENXTBR:PIC Stock Report

Market Cap: €1.2b

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Picanol Management

Management criteria checks 2/4

Key information

Luc Tack

Chief executive officer

€3.0m

Total compensation

CEO salary percentage24.66%
CEO tenure13.7yrs
CEO ownership64.0%
Management average tenure12.8yrs
Board average tenure12.9yrs

Recent management updates

Analysis Article • May 10

Should Shareholders Reconsider Picanol nv's (EBR:PIC) CEO Compensation Package?

The results at Picanol nv ( EBR:PIC ) have been quite disappointing recently and CEO Luc Tack bears some responsibility...

Recent updates

Analysis Article • Oct 12

We Think Picanol (EBR:PIC) Can Manage Its Debt With Ease

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article • Sep 20

Picanol (EBR:PIC) May Have Issues Allocating Its Capital

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article • Jun 18

Picanol (EBR:PIC) Is Reinvesting At Lower Rates Of Return

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article • Apr 14

We Think That There Are Issues Underlying Picanol's (EBR:PIC) Earnings

Picanol nv's ( EBR:PIC ) robust earnings report didn't manage to move the market for its stock. We did some digging...
Analysis Article • Apr 12

We Think Picanol (EBR:PIC) Can Manage Its Debt With Ease

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article • Feb 20

Picanol (EBR:PIC) Is Reinvesting At Lower Rates Of Return

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...
Analysis Article • Nov 16

Some Investors May Be Worried About Picanol's (EBR:PIC) Returns On Capital

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'll want...
Analysis Article • Sep 22

Is Picanol (EBR:PIC) A Risky Investment?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article • Sep 05

An Intrinsic Calculation For Picanol nv (EBR:PIC) Suggests It's 23% Undervalued

In this article we are going to estimate the intrinsic value of Picanol nv ( EBR:PIC ) by estimating the company's...
Analysis Article • Aug 18

Capital Allocation Trends At Picanol (EBR:PIC) Aren't Ideal

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'll want to...
Analysis Article • May 10

Should Shareholders Reconsider Picanol nv's (EBR:PIC) CEO Compensation Package?

The results at Picanol nv ( EBR:PIC ) have been quite disappointing recently and CEO Luc Tack bears some responsibility...
Analysis Article • May 09

Calculating The Fair Value Of Picanol nv (EBR:PIC)

How far off is Picanol nv ( EBR:PIC ) from its intrinsic value? Using the most recent financial data, we'll take a look...
Analysis Article • Apr 20

Picanol (EBR:PIC) Could Easily Take On More Debt

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article • Mar 31

Picanol (EBR:PIC) Could Be Struggling To Allocate Capital

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? In a perfect world...
Analysis Article • Feb 08

Picanol nv's (EBR:PIC) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?

Most readers would already be aware that Picanol's (EBR:PIC) stock increased significantly by 25% over the past three...
Analysis Article • Jan 11

An Intrinsic Calculation For Picanol nv (EBR:PIC) Suggests It's 33% Undervalued

Today we will run through one way of estimating the intrinsic value of Picanol nv ( EBR:PIC ) by estimating the...
Analysis Article • Dec 14

Would Shareholders Who Purchased Picanol's (EBR:PIC) Stock Three Years Be Happy With The Share price Today?

In order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market...
Analysis Article • Nov 23

Is Picanol (EBR:PIC) A Risky Investment?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

CEO Compensation Analysis

How has Luc Tack's remuneration changed compared to Picanol's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2022n/an/a

€137m

Mar 31 2022n/an/a

€149m

Dec 31 2021€3m€748k

€161m

Sep 30 2021n/an/a

€127m

Jun 30 2021n/an/a

€94m

Mar 31 2021n/an/a

€75m

Dec 31 2020€1m€748k

€55m

Sep 30 2020n/an/a

€57m

Jun 30 2020n/an/a

€58m

Mar 31 2020n/an/a

€50m

Dec 31 2019€2m€716k

€42m

Sep 30 2019n/an/a

€53m

Jun 30 2019n/an/a

€65m

Mar 31 2019n/an/a

€88m

Dec 31 2018€125k€100k

€111m

Sep 30 2018n/an/a

€111m

Jun 30 2018n/an/a

€111m

Mar 31 2018n/an/a

€106m

Dec 31 2017€125k€100k

€102m

Sep 30 2017n/an/a

€110m

Jun 30 2017n/an/a

€117m

Mar 31 2017n/an/a

€119m

Dec 31 2016€25k€25k

€120m

Compensation vs Market: Luc's total compensation ($USD3.24M) is above average for companies of similar size in the Belgian market ($USD816.93K).

Compensation vs Earnings: Luc's compensation has increased by more than 20% in the past year.

CEO

Luc Tack (61 yo)

13.7yrs
Tenure
€3,033,096
Compensation

Mr. Luc Tack has been Chief Executive Officer of Tessenderlo Group NV (formerly known as Tessenderlo Chemie NV) since December 18, 2013 and its Executive Director since November 13, 2013. Mr. Tack has been...

Leadership Team

NamePositionTenureCompensationOwnership
Stefaan Haspeslagh
Chairman & CFO12.9yrs€3.01mno data
Luc Tack
CEO & Executive Director13.7yrs€3.03m64.02%
€ 757.7m
Karen D'Hondt
Corporate Secretary12.8yrsno datano data
Geert Ostyn
SVP of Business Transformation & Strategic Alignment / Vice President Operations Weaving Machines3.9yrsno datano data
12.8yrs
Average Tenure

Experienced Management: PIC's management team is seasoned and experienced (12.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Stefaan Haspeslagh
Chairman & CFO12.9yrs€3.01mno data
Luc Tack
CEO & Executive Director13.7yrs€3.03m64.02%
€ 757.7m
Luc Van Nevel
Non-Executive Independent Director6.9yrs€29.50kno data
Jean Dejaeghere
Non-Executive Independent Director12.9yrs€29.50kno data
Patrick Steverlynck
Non-Executive Director13.3yrs€29.50kno data
Chantal De Vrieze
Non-Executive Independent Director5.9yrs€29.50kno data
Ann Vereecke
Non-Executive Independent Director4.1yrs€29.50kno data
12.9yrs
Average Tenure
64yo
Average Age

Experienced Board: PIC's board of directors are seasoned and experienced ( 12.9 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/03/07 00:16
End of Day Share Price 2023/03/03 00:00
Earnings2022/06/30
Annual Earnings2021/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Picanol nv is covered by 2 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Wouter VANDERHAEGHENKBC Securities NV
Guy SipsKBC Securities NV