Jennifer de Viçose has been the CEO of Courtois S.A. (EPA:COUR) since 2016. This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. Then we'll look at a snap shot of the business growth. And finally we will reflect on how common stockholders have fared in the last few years, as a secondary measure of performance. This method should give us information to assess how appropriately the company pays the CEO.
How Does Jennifer de Viçose's Compensation Compare With Similar Sized Companies?
According to our data, Courtois S.A. has a market capitalization of €9.1m, and paid its CEO total annual compensation worth €167k over the year to December 2018. While this analysis focuses on total compensation, it's worth noting the salary is lower, valued at €111k. We took a group of companies with market capitalizations below €178m, and calculated the median CEO total compensation to be €288k.
A first glance this seems like a real positive for shareholders, since Jennifer de Viçose is paid less than the average total compensation paid by similar sized companies. Though positive, it's important we delve into the performance of the actual business.
You can see a visual representation of the CEO compensation at Courtois, below.
Is Courtois S.A. Growing?
Over the last three years Courtois S.A. has shrunk its earnings per share by an average of 5.0% per year (measured with a line of best fit). It achieved revenue growth of 124% over the last year.
Investors should note that, over three years, earnings per share are down. But on the other hand, revenue growth is strong, suggesting a brighter future. It's hard to reach a conclusion about business performance right now. This may be one to watch. We don't have analyst forecasts, but shareholders might want to examine this detailed historical graph of earnings, revenue and cash flow.
Has Courtois S.A. Been A Good Investment?
Courtois S.A. has served shareholders reasonably well, with a total return of 30% over three years. But they would probably prefer not to see CEO compensation far in excess of the median.
It looks like Courtois S.A. pays its CEO less than similar sized companies.
It's well worth noting that while Jennifer de Viçose is paid less than most company leaders (at companies of similar size), share price performance has been somewhat uninspiring. But on this analysis I see no issue with the CEO compensation. CEO compensation is one thing, but it is also interesting to check if the CEO is buying or selling Courtois (free visualization of insider trades).
Important note: Courtois may not be the best stock to buy. You might find something better in this list of interesting companies with high ROE and low debt.
If you spot an error that warrants correction, please contact the editor at email@example.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned.
We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Thank you for reading.