AS Ekspress Grupp's (TAL:EEG1T) CEO Compensation Looks Acceptable To Us And Here's Why
Key Insights
- AS Ekspress Grupp to hold its Annual General Meeting on 3rd of May
- Total pay for CEO Mari-Liis Ruutsalu includes €166.0k salary
- The overall pay is comparable to the industry average
- AS Ekspress Grupp's total shareholder return over the past three years was 43% while its EPS grew by 9.3% over the past three years
Under the guidance of CEO Mari-Liis Ruutsalu, AS Ekspress Grupp (TAL:EEG1T) has performed reasonably well recently. In light of this performance, CEO compensation will probably not be the main focus for shareholders as they go into the AGM on 3rd of May. Based on our analysis of the data below, we think CEO compensation seems reasonable for now.
View our latest analysis for AS Ekspress Grupp
Comparing AS Ekspress Grupp's CEO Compensation With The Industry
According to our data, AS Ekspress Grupp has a market capitalization of €36m, and paid its CEO total annual compensation worth €191k over the year to December 2023. That's a notable decrease of 9.5% on last year. We note that the salary portion, which stands at €166.0k constitutes the majority of total compensation received by the CEO.
On comparing similar-sized companies in the Europe Media industry with market capitalizations below €186m, we found that the median total CEO compensation was €271k. From this we gather that Mari-Liis Ruutsalu is paid around the median for CEOs in the industry.
Component | 2023 | 2022 | Proportion (2023) |
Salary | €166k | €166k | 87% |
Other | €25k | €45k | 13% |
Total Compensation | €191k | €211k | 100% |
Talking in terms of the broader industry, salary and other compensation roughly make up 50% each, of the total compensation. AS Ekspress Grupp is paying a higher share of its remuneration through a salary in comparison to the overall industry. 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 AS Ekspress Grupp's Growth Numbers
AS Ekspress Grupp has seen its earnings per share (EPS) increase by 9.3% a year over the past three years. It achieved revenue growth of 14% over the last year.
This revenue growth could really point to a brighter future. And, while modest, the EPS growth is noticeable. So while we'd stop just short of calling this a top performer, but we think it is well worth watching. We don't have analyst forecasts, but you could get a better understanding of its growth by checking out this more detailed historical graph of earnings, revenue and cash flow.
Has AS Ekspress Grupp Been A Good Investment?
Most shareholders would probably be pleased with AS Ekspress Grupp for providing a total return of 43% over three years. 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.
In Summary...
Given that the company's overall performance has been reasonable, the CEO remuneration policy might not be shareholders' central point of focus in the upcoming AGM. In saying that, any proposed increase to CEO compensation will still be assessed on how reasonable it is based on performance and industry benchmarks.
CEO compensation can have a massive impact on performance, but it's just one element. That's why we did some digging and identified 2 warning signs for AS Ekspress Grupp that investors should think about before committing capital to this stock.
Of course, you might find a fantastic investment by looking at a different set of stocks. So take a peek at this free list of interesting companies.
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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.
About TLSE:EEG1T
Average dividend payer low.