This Is The Reason Why We Think YTL Corporation Berhad's (KLSE:YTL) CEO Might Be Underpaid
Key Insights
- YTL Corporation Berhad's Annual General Meeting to take place on 4th of December
- CEO Michael Yeoh's total compensation includes salary of RM1.32m
- The overall pay is 69% below the industry average
- YTL Corporation Berhad's total shareholder return over the past three years was 309% while its EPS grew by 38% over the past three years
The impressive results at YTL Corporation Berhad (KLSE:YTL) recently will be great news for shareholders. This would be kept in mind at the upcoming AGM on 4th of December which will be a chance for them to hear the board review the financial results, discuss future company strategy and vote on resolutions such as executive remuneration and other matters. We think the CEO has done a pretty decent job and probably deserves a well-earned pay rise.
View our latest analysis for YTL Corporation Berhad
How Does Total Compensation For Michael Yeoh Compare With Other Companies In The Industry?
Our data indicates that YTL Corporation Berhad has a market capitalization of RM26b, and total annual CEO compensation was reported as RM2.5m for the year to June 2025. We note that's an increase of 16% above last year. We note that the salary of RM1.32m makes up a sizeable portion of the total compensation received by the CEO.
On comparing similar companies from the Malaysia Integrated Utilities industry with market caps ranging from RM17b to RM50b, we found that the median CEO total compensation was RM8.2m. This suggests that Michael Yeoh is paid below the industry median. What's more, Michael Yeoh holds RM162m 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 | RM1.3m | RM1.3m | 53% |
| Other | RM1.2m | RM887k | 47% |
| Total Compensation | RM2.5m | RM2.2m | 100% |
Talking in terms of the industry, salary represented approximately 53% of total compensation out of all the companies we analyzed, while other remuneration made up 47% of the pie. There isn't a significant difference between YTL Corporation Berhad and the broader market, in terms of salary allocation in the overall compensation package. 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 YTL Corporation Berhad's Growth Numbers
YTL Corporation Berhad's earnings per share (EPS) grew 38% per year over the last three years. In the last year, its revenue is up 1.0%.
This demonstrates that the company has been improving recently and is good news for the shareholders. It's also good to see modest revenue growth, suggesting the underlying business is healthy. Moving away from current form for a second, it could be important to check this free visual depiction of what analysts expect for the future.
Has YTL Corporation Berhad Been A Good Investment?
We think that the total shareholder return of 309%, over three years, would leave most YTL Corporation Berhad 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.
To Conclude...
Seeing that the company has put in a relatively good performance, the CEO remuneration policy may not be the focus at the AGM. However, investors will get the chance to engage on key strategic initiatives and future growth opportunities for the company and set their longer-term expectations.
CEO pay is simply one of the many factors that need to be considered while examining business performance. We did our research and identified 2 warning signs (and 1 which doesn't sit too well with us) in YTL Corporation Berhad we think you should know about.
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.
Valuation is complex, but we're here to simplify it.
Discover if YTL Corporation Berhad might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
Access Free AnalysisHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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.