Thomas Vollmoeller has been the CEO of New Work SE (ETR:NWO) since 2012. This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. 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. This process should give us an idea about how appropriately the CEO is paid.
How Does Thomas Vollmoeller's Compensation Compare With Similar Sized Companies?
At the time of writing, our data says that New Work SE has a market cap of €1.7b, and reported total annual CEO compensation of €1.1m for the year to December 2018. We think total compensation is more important but we note that the CEO salary is lower, at €450k. When we examined a selection of companies with market caps ranging from €899m to €2.9b, we found the median CEO total compensation was €1.4m.
That means Thomas Vollmoeller receives fairly typical remuneration for the CEO of a company that size. While this data point isn't particularly informative alone, it gains more meaning when considered with business performance.
The graphic below shows how CEO compensation at New Work has changed from year to year.
Is New Work SE Growing?
New Work SE has increased its earnings per share (EPS) by an average of 13% a year, over the last three years (using a line of best fit). Its revenue is up 8.8% over last year.
This demonstrates that the company has been improving recently. A good result. It's good to see a bit of revenue growth, as this suggests the business is able to grow sustainably. Shareholders might be interested in this free visualization of analyst forecasts.
Has New Work SE Been A Good Investment?
Most shareholders would probably be pleased with New Work SE for providing a total return of 68% over three years. 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.
Remuneration for Thomas Vollmoeller is close enough to the median pay for a CEO of a similar sized company .
Shareholders would surely be happy to see that shareholder returns have been great, and the earnings per share are up. Indeed, many might consider the pay rather modest, given the solid company performance! Whatever your view on compensation, you might want to check if insiders are buying or selling New Work shares (free trial).
Important note: New Work 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.
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