Frederic Vecchioli became the CEO of Safestore Holdings plc (LON:SAFE) in 2013. This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. Next, we’ll consider growth that the business demonstrates. And finally we will reflect on how common stockholders have fared in the last few years, as a secondary measure of performance. This process should give us an idea about how appropriately the CEO is paid.
How Does Frederic Vecchioli’s Compensation Compare With Similar Sized Companies?
Our data indicates that Safestore Holdings plc is worth UK£1.1b, and total annual CEO compensation is UK£2m. That’s just a smallish increase of 2.8% on last year. As part of our analysis we looked at companies in the same jurisdiction, with market capitalizations of UK£784m to UK£2.5b. The median total CEO compensation was UK£1m.
That means Frederic Vecchioli receives fairly typical remuneration for the CEO of a company that size. This doesn’t tell us a whole lot on its own, but looking at the performance of the actual business will give us useful context.
The graphic below shows how CEO compensation at Safestore Holdings has changed from year to year.
Is Safestore Holdings plc Growing?
Safestore Holdings plc has reduced its earnings per share by an average of 5.0% a year, over the last three years. It achieved revenue growth of 10% over the last year.
Sadly for shareholders, earnings per share are actually down, over three years. While the revenue growth is good to see, it is outweighed by the fact that earnings per share are down, over three years. So given this relatively weak performance, shareholders would probably not want to see high compensation for the CEO.
Shareholders might be interested in this free visualization of analyst forecasts. .
Has Safestore Holdings plc Been A Good Investment?
Most shareholders would probably be pleased with Safestore Holdings plc for providing a total return of 82% over three years. So they may not be at all concerned if the CEO is paid more than is normal for companies around the same size.
Frederic Vecchioli is paid around what is normal the leaders of comparable size companies.
The company isn’t growing earnings per share, but shareholder returns have been strong over the last three years. So we think most shareholders wouldn’t be too worried about CEO compensation, which is close to the median for similar sized companies. If you think CEO compensation levels are interesting you will probably really like this free visualization of insider trading at Safestore Holdings plc.
Or you might prefer this data-rich interactive visualization of historic revenue and earnings.
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.