We Think The Compensation For Quicklizard Ltd's (TLV:QLRD) CEO Looks About Right

Key Insights

• Quicklizard to hold its Annual General Meeting on 26th of December
• Total pay for CEO Pini Mandel includes ₪967.0k salary
• The total compensation is similar to the average for the industry
• Over the past three years, Quicklizard's EPS grew by 33% and over the past three years, the total shareholder return was 5.3%

CEO Pini Mandel has done a decent job of delivering relatively good performance at Quicklizard Ltd (TLV:QLRD) recently. As shareholders go into the upcoming AGM on 26th of December, CEO compensation will probably not be their focus, but rather the steps management will take to continue the growth momentum. Here is our take on why we think the CEO compensation looks appropriate.

View our latest analysis for Quicklizard

Comparing Quicklizard Ltd's CEO Compensation With The Industry

Our data indicates that Quicklizard Ltd has a market capitalization of ₪132m, and total annual CEO compensation was reported as ₪1.3m for the year to December 2023. We note that's a decrease of 11% compared to last year. We note that the salary portion, which stands at ₪967.0k constitutes the majority of total compensation received by the CEO.

In comparison with other companies in the Israel Software industry with market capitalizations under ₪729m, the reported median total CEO compensation was ₪1.4m. So it looks like Quicklizard compensates Pini Mandel in line with the median for the industry.

Speaking on an industry level, nearly 71% of total compensation represents salary, while the remainder of 29% is other remuneration. Our data reveals that Quicklizard allocates salary more or less in line with the wider market. If salary dominates total compensation, it suggests that CEO compensation is leaning less towards the variable component, which is usually linked with performance.

A Look at Quicklizard Ltd's Growth Numbers

Over the past three years, Quicklizard Ltd has seen its earnings per share (EPS) grow by 33% per year. Its revenue is up 41% over the last year.

This demonstrates that the company has been improving recently and is good news for the shareholders. Most shareholders would be pleased to see strong revenue growth combined with EPS growth. This combo suggests a fast growing business. While we don't have analyst forecasts for the company, shareholders might want to examine this detailed historical graph of earnings, revenue and cash flow.

Has Quicklizard Ltd Been A Good Investment?

With a total shareholder return of 5.3% over three years, Quicklizard Ltd has done okay by shareholders, but there's always room for improvement. Accordingly, a proposal to increase CEO remuneration without seeing an improvement in shareholder returns might not be met favorably by most shareholders.

In Summary...

The company's decent performance might have made most shareholders happy, possibly making CEO remuneration the least of the concerns to be discussed in the upcoming AGM. However, we still think that any proposed increase in CEO compensation will be examined closely to make sure the compensation is appropriate and linked to performance.

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 did our research and identified 3 warning signs (and 1 which is a bit concerning) in Quicklizard we think you should know about.

Switching gears from Quicklizard, if you're hunting for a pristine balance sheet and premium returns, this free list of high return, low debt companies is a great place to look.

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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.