The CEO of Makheia Group Société Anonyme (EPA:ALMAK) is Patrick Dubosc Marchenay. This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. After that, we will consider the growth in the business. And finally - as a second measure of performance - we will look at the returns shareholders have received over the last few years. This method should give us information to assess how appropriately the company pays the CEO.
See our latest analysis for Makheia Group Société Anonyme
How Does Patrick Dubosc Marchenay's Compensation Compare With Similar Sized Companies?
Our data indicates that Makheia Group Société Anonyme is worth €12m, and total annual CEO compensation is €367k. (This figure is for the year to December 2018). We think total compensation is more important but we note that the CEO salary is lower, at €180k. We took a group of companies with market capitalizations below €180m, and calculated the median CEO total compensation to be €120k.
It would therefore appear that Makheia Group Société Anonyme pays Patrick Dubosc Marchenay more than the median CEO remuneration at companies of a similar size, in the same market. However, this fact alone doesn't mean the remuneration is too high. We can get a better idea of how generous the pay is by looking at the performance of the underlying business.
The graphic below shows how CEO compensation at Makheia Group Société Anonyme has changed from year to year.
Is Makheia Group Société Anonyme Growing?
On average over the last three years, Makheia Group Société Anonyme has shrunk earnings per share by 34% each year (measured with a line of best fit). It saw its revenue drop -9.0% over the last year.
Few shareholders would be pleased to read that earnings per share are lower over three years. This is compounded by the fact revenue is actually down on last year. It's hard to argue the company is firing on all cylinders, so shareholders might be averse to high CEO remuneration. You might want to check this free visual report on analyst forecasts for future earnings.
Has Makheia Group Société Anonyme Been A Good Investment?
With a three year total loss of 45%, Makheia Group Société Anonyme would certainly have some dissatisfied shareholders. This suggests it would be unwise for the company to pay the CEO too generously.
In Summary...
We compared total CEO remuneration at Makheia Group Société Anonyme with the amount paid at companies with a similar market capitalization. We found that it pays well over the median amount paid in the benchmark group.