Increases to CEO Compensation Might Be Put On Hold For Now at ValueMax Group Limited (SGX:T6I)
Key Insights
- ValueMax Group's Annual General Meeting to take place on 22nd of April
- Salary of S$417.7k is part of CEO Steven Yeah's total remuneration
- The total compensation is 275% higher than the average for the industry
- ValueMax Group's EPS grew by 14% over the past three years while total shareholder return over the past three years was 68%
Performance at ValueMax Group Limited (SGX:T6I) has been reasonably good and CEO Steven Yeah has done a decent job of steering the company in the right direction. This is something shareholders will keep in mind as they cast their votes on company resolutions such as executive remuneration in the upcoming AGM on 22nd of April. However, some shareholders will still be cautious of paying the CEO excessively.
See our latest analysis for ValueMax Group
How Does Total Compensation For Steven Yeah Compare With Other Companies In The Industry?
Our data indicates that ValueMax Group Limited has a market capitalization of S$457m, and total annual CEO compensation was reported as S$1.5m for the year to December 2024. That's a notable increase of 35% on last year. While this analysis focuses on total compensation, it's worth acknowledging that the salary portion is lower, valued at S$418k.
For comparison, other companies in the Singapore Consumer Finance industry with market capitalizations ranging between S$263m and S$1.1b had a median total CEO compensation of S$413k. This suggests that Steven Yeah is paid more than the median for the industry.
| Component | 2024 | 2023 | Proportion (2024) |
| Salary | S$418k | S$401k | 27% |
| Other | S$1.1m | S$745k | 73% |
| Total Compensation | S$1.5m | S$1.1m | 100% |
On an industry level, around 78% of total compensation represents salary and 22% is other remuneration. It's interesting to note that ValueMax Group allocates a smaller portion of compensation to salary in comparison to the broader industry. It's important to note that a slant towards non-salary compensation suggests that total pay is tied to the company's performance.
ValueMax Group Limited's Growth
Over the past three years, ValueMax Group Limited has seen its earnings per share (EPS) grow by 14% per year. In the last year, its revenue is up 38%.
This demonstrates that the company has been improving recently and is good news for the shareholders. It's great to see that revenue growth is strong, too. These metrics suggest the business is growing strongly. 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 ValueMax Group Limited Been A Good Investment?
Boasting a total shareholder return of 68% over three years, ValueMax Group Limited has done well by shareholders. So they may not be at all concerned if the CEO were to be paid more than is normal for companies around the same size.
To Conclude...
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. However, any decision to raise CEO pay might be met with some objections from the shareholders given that the CEO is already paid higher than the industry average.
It is always advisable to analyse CEO pay, along with performing a thorough analysis of the company's key performance areas. That's why we did our research, and identified 2 warning signs for ValueMax Group (of which 1 can't be ignored!) that you should know about in order to have a holistic understanding of the stock.
Important note: ValueMax Group is an exciting stock, but we understand investors may be looking for an unencumbered balance sheet and blockbuster returns. You might find something better in this list of interesting companies with high ROE and low debt.
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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.