Kendrion Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Joep van Beurden

Chief executive officer

€952.2k

Total compensation

CEO salary percentage	58.1%
CEO tenure	8.9yrs
CEO ownership	0.4%
Management average tenure	no data
Board average tenure	3.6yrs

Recent management updates

We Think Some Shareholders May Hesitate To Increase Kendrion N.V.'s (AMS:KENDR) CEO Compensation

Apr 09

Recent updates

We Think Kendrion's (AMS:KENDR) Robust Earnings Are Conservative

Aug 29

We Think Some Shareholders May Hesitate To Increase Kendrion N.V.'s (AMS:KENDR) CEO Compensation

Apr 09

These 4 Measures Indicate That Kendrion (AMS:KENDR) Is Using Debt Reasonably Well

Mar 02

Should You Investigate Kendrion N.V. (AMS:KENDR) At €23.05?

May 24

Is Kendrion N.V. (AMS:KENDR) Trading At A 35% Discount?

Apr 05

Kendrion (AMS:KENDR) Has A Pretty Healthy Balance Sheet

Mar 23

What Kind Of Shareholders Own Kendrion N.V. (AMS:KENDR)?

Mar 08

When Should You Buy Kendrion N.V. (AMS:KENDR)?

Feb 23

Kendrion N.V. (AMS:KENDR) Investors Should Think About This Before Buying It For Its Dividend

Feb 01

What Type Of Returns Would Kendrion's(AMS:KENDR) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?

Jan 07

Does Kendrion N.V.'s (AMS:KENDR) Weak Fundamentals Mean That The Market Could Correct Its Share Price?

Dec 17

What Kind Of Shareholders Own Kendrion N.V. (AMS:KENDR)?

Nov 30

CEO Compensation Analysis

How has Joep van Beurden's remuneration changed compared to Kendrion's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	€5m
Mar 31 2024	n/a	n/a	€9m
Dec 31 2023	€952k	€553k	€10m
Sep 30 2023	n/a	n/a	-€48m
Jun 30 2023	n/a	n/a	-€45m
Mar 31 2023	n/a	n/a	-€46m
Dec 31 2022	€817k	€550k	-€46m
Sep 30 2022	n/a	n/a	€13m
Jun 30 2022	n/a	n/a	€12m
Mar 31 2022	n/a	n/a	€14m
Dec 31 2021	€1m	€550k	€14m
Sep 30 2021	n/a	n/a	€14m
Jun 30 2021	n/a	n/a	€13m
Mar 31 2021	n/a	n/a	€7m
Dec 31 2020	€1m	€518k	€4m
Sep 30 2020	n/a	n/a	€2m
Jun 30 2020	n/a	n/a	€3m
Mar 31 2020	n/a	n/a	€7m
Dec 31 2019	€855k	€508k	€8m
Sep 30 2019	n/a	n/a	€9m
Jun 30 2019	n/a	n/a	€11m
Mar 31 2019	n/a	n/a	€11m
Dec 31 2018	€784k	€491k	€14m
Sep 30 2018	n/a	n/a	€18m
Jun 30 2018	n/a	n/a	€19m
Mar 31 2018	n/a	n/a	€21m
Dec 31 2017	€773k	€474k	€20m

Compensation vs Market: Joep's total compensation ($USD1.01M) is above average for companies of similar size in the Dutch market ($USD691.46K).

Compensation vs Earnings: Joep's compensation has been consistent with company performance over the past year.

CEO

Joep van Beurden (64 yo)

8.9yrs

Tenure

€952,229

Compensation

Mr. Jozef Aloysius Johannes van Beurden, also known as Joep, has been Chief Executive Officer and Member of Executive Board at Kendrion NV since December 1, 2015. Mr. van Beurden served as the Chief Execut...

Board Members

Name	Position	Tenure	Compensation	Ownership
Frits van Hout	Independent Chairman of the Supervisory Board	3.6yrs	€65.00k	0.13% € 220.0k
Karl Gustafson	Member of Business Development Board	no data	no data	no data
Joachim Warschat	Member of Business Development Board	no data	no data	no data
Volker Brunner	Member of Business Development Board	no data	no data	no data
Everien Slijkhuis	Independent Member of the Supervisory Board	1.6yrs	€36.75k	0.023% € 39.7k
Klaus-Dieter Holloh	Member of Business Development Board	no data	no data	no data
Marion J. Mestrom	Independent Member of the Supervisory Board	8.6yrs	€49.00k	no data
Detlev Kromrey	Member of Business Development Board	no data	no data	no data
Kuang-Hua Lin	Member of Business Development Board	no data	no data	no data
Reinhard Loof	Member of Business Development Board	no data	no data	no data

3.6yrs

Average Tenure

63.5yo

Average Age

Experienced Board: KENDR's board of directors are considered experienced (3.6 years average tenure).

Kendrion Management

Management criteria checks 2/4

Key information

Recent management updates

Kendrion N.V., Annual General Meeting, Apr 14, 2025

Key Executive recently bought €101k worth of stock

We Think Some Shareholders May Hesitate To Increase Kendrion N.V.'s (AMS:KENDR) CEO Compensation

Key Executive recently bought €99k worth of stock

Key Executive recently bought €115k worth of stock

Kendrion N.V., Annual General Meeting, Apr 17, 2023

Recent updates

Kendrion N.V., Annual General Meeting, Apr 14, 2025

Solero Technologies, LLC completed the acquisition of Automotive Business of Kendrion N.V.(ENXTAM:KENDR) for €65 million.

We Think Kendrion's (AMS:KENDR) Robust Earnings Are Conservative

Consensus revenue estimates decrease by 34%, EPS upgraded

New minor risk - Shareholder dilution

Second quarter 2024 earnings released: EPS: €0.10 (vs €0.24 in 2Q 2023)

Kendrion N.V. to Report Q4, 2024 Results on Feb 28, 2025

New major risk - Financial position

Key Executive recently bought €101k worth of stock

First quarter 2024 earnings released: EPS: €0.18 (vs €0.33 in 1Q 2023)

We Think Some Shareholders May Hesitate To Increase Kendrion N.V.'s (AMS:KENDR) CEO Compensation

Now 21% overvalued after recent price rise

Full year 2023 earnings released: EPS: €0.65 (vs €3.09 loss in FY 2022)

Now 22% overvalued after recent price rise

Third quarter 2023 earnings released: EPS: €0.16 (vs €0.26 in 3Q 2022)

Price target decreased by 12% to €18.83

Key Executive recently bought €99k worth of stock

Upcoming dividend of €0.72 per share at 4.6% yield

Kendrion's (AMS:KENDR) Dividend Will Be Increased To €0.72

Kendrion (AMS:KENDR) Is Increasing Its Dividend To €0.72

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Now 22% undervalued

Now 21% undervalued

Now 22% undervalued

Price target increased to €23.13

Third quarter 2022 earnings released: EPS: €0.26 (vs €0.20 in 3Q 2021)

Calculating The Intrinsic Value Of Kendrion N.V. (AMS:KENDR)

Key Executive recently bought €115k worth of stock

Second quarter 2022 earnings released: EPS: €0.25 (vs €0.36 in 2Q 2021)

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Kendrion N.V. to Report First Half, 2023 Results on Aug 23, 2023

Kendrion N.V., Annual General Meeting, Apr 17, 2023

Price target increased to €23.13

Price target increased to €23.13

Investor sentiment deteriorated over the past week

These 4 Measures Indicate That Kendrion (AMS:KENDR) Is Using Debt Reasonably Well

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Third quarter 2021 earnings released: EPS €0.20 (vs €0.11 in 3Q 2020)

Kendrion N.V. (ENXTAM:KENDR) acquired 3T B.V.

First quarter 2021 earnings released: EPS €0.40 (vs €0.20 in 1Q 2020)

Should You Investigate Kendrion N.V. (AMS:KENDR) At €23.05?

Is Kendrion N.V. (AMS:KENDR) Trading At A 35% Discount?

Kendrion (AMS:KENDR) Has A Pretty Healthy Balance Sheet

What Kind Of Shareholders Own Kendrion N.V. (AMS:KENDR)?

Analysts increase EPS estimates to €1.07

When Should You Buy Kendrion N.V. (AMS:KENDR)?

Full year 2020 earnings released: EPS €0.29 (vs €0.59 in FY 2019)

Revenue beats expectations

New 90-day high: €20.10

Kendrion N.V. (AMS:KENDR) Investors Should Think About This Before Buying It For Its Dividend

What Type Of Returns Would Kendrion's(AMS:KENDR) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?

New 90-day high: €17.60

Does Kendrion N.V.'s (AMS:KENDR) Weak Fundamentals Mean That The Market Could Correct Its Share Price?

What Kind Of Shareholders Own Kendrion N.V. (AMS:KENDR)?

New 90-day high: €17.00

Analysts update estimates

Third quarter 2020 earnings released: EPS €0.11

New 90-day high: €14.88

Analysts increase EPS estimates to €0.23

New 90-day high - €14.56

Earnings released

Price target lowered to €12.13

Kendrion N.V. To Be Deleted From Other OTC

CEO Compensation Analysis

CEO

Tenure

Compensation

Board Members

Average Tenure