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Gert Winter became the CEO of Bâloise Holding AG (VTX:BALN) in 2016. This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. 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.
How Does Gert Winter’s Compensation Compare With Similar Sized Companies?
Our data indicates that Bâloise Holding AG is worth CHF8.1b, and total annual CEO compensation is CHF2.1m. (This number is for the twelve months until December 2018). That’s below the compensation, last year. While this analysis focuses on total compensation, it’s worth noting the salary is lower, valued at CHF950k. We examined companies with market caps from CHF4.0b to CHF12b, and discovered that the median CEO total compensation of that group was CHF2.1m.
So Gert Winter 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 Bâloise Holding, below.
Is Bâloise Holding AG Growing?
Earnings per share at Bâloise Holding AG are much the same as they were three years ago, albeit with a positive trend. Its revenue is down -24% over last year.
I would argue that the lack of revenue growth in the last year is less than ideal, but I’m happy with the modest EPS growth. It’s hard to reach a conclusion about business performance right now. This may be one to watch. You might want to check this free visual report on analyst forecasts for future earnings.
Has Bâloise Holding AG Been A Good Investment?
I think that the total shareholder return of 72%, over three years, would leave most Bâloise Holding AG shareholders smiling. This strong performance might mean some shareholders don’t mind if the CEO were to be paid more than is normal for a company of its size.
Gert Winter is paid around what is normal the leaders of comparable size companies.
The company isn’t showing particularly great growth, but shareholder returns have been pleasing. So we can conclude that on this analysis the CEO compensation seems pretty sound. So you may want to check if insiders are buying Bâloise Holding shares with their own money (free access).
Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.
We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
If you spot an error that warrants correction, please contact the editor at firstname.lastname@example.org. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.