Miroslaw Kowalik has been the CEO of ENEA S.A. (WSE:ENA) since 2015. First, this article will compare CEO compensation with compensation at similar sized companies. Then we’ll look at a snap shot of the business growth. Third, we’ll reflect on the total return to shareholders over three years, as a second measure of business performance. The aim of all this is to consider the appropriateness of CEO pay levels.
How Does Miroslaw Kowalik’s Compensation Compare With Similar Sized Companies?
According to our data, ENEA S.A. has a market capitalization of zł4.4b, and pays its CEO total annual compensation worth zł1.1m. (This number is for the twelve months until 2016). It is worth noting that the CEO compensation consists almost entirely of the salary, worth zł1.1m. As part of our analysis we looked at companies in the same jurisdiction, with market capitalizations of zł1.5b to zł6.0b. The median total CEO compensation was zł1.1m.
So Miroslaw Kowalik receives a similar amount to the median CEO pay, amongst the companies we looked at. Although this fact alone doesn’t tell us a great deal, it becomes more relevant when considered against the business performance. So this free visual report on analyst forecasts could hold they key to an excellent investment decision.
You can see a visual representation of the CEO compensation at ENEA, below.
Is ENEA S.A. Growing?
On average over the last three years, ENEA S.A. has grown earnings per share (EPS) by 56% each year (using a line of best fit). In the last year, its revenue is up 9.8%.
This shows that the company has improved itself over the last few years. Good news for shareholders. It’s nice to see a little revenue growth, as this is consistent with healthy business conditions.
Has ENEA S.A. Been A Good Investment?
With a total shareholder return of 2.6% over three years, ENEA S.A. has done okay by shareholders. But they probably wouldn’t be so happy as to think the CEO should be paid more than is normal, for companies around this size.
Miroslaw Kowalik is paid around the same as most CEOs of similar size companies.
We would wish for better returns (whether dividends or capital gains) but we do admire the solid EPS growth on show here. As a result of these considerations, I would suggest the CEO pay is reasonable. Shareholders may want to check for free if ENEA insiders are buying or selling shares.
If you want to buy a stock that is better than ENEA, this free list of high return, low debt companies is a great place to look.
To help readers see past the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price-sensitive company announcements.
The author is an independent contributor and at the time of publication had no position in the stocks mentioned. For errors that warrant correction please contact the editor at firstname.lastname@example.org.