The CEO of Figeac Aero Société Anonyme (EPA:FGA) is Jean-Claude Maillard. First, this article will compare CEO compensation with compensation at similar sized companies. 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. The aim of all this is to consider the appropriateness of CEO pay levels.

View our latest analysis for Figeac Aero Société Anonyme

How Does Jean-Claude Maillard's Compensation Compare With Similar Sized Companies?

According to our data, Figeac Aero Société Anonyme has a market capitalization of €92m, and paid its CEO total annual compensation worth €134k over the year to March 2019. We think total compensation is more important but we note that the CEO salary is lower, at €102k. We looked at a group of companies with market capitalizations under €184m, and the median CEO total compensation was €292k.

Now let's take a look at the pay mix on an industry and company level to gain a better understanding of where Figeac Aero Société Anonyme stands. On an industry level, roughly 40% of total compensation represents salary and 60% is other remuneration. According to our research, Figeac Aero Société Anonyme has allocated a higher percentage of pay to salary in comparison to the broader sector.

Most shareholders would consider it a positive that Jean-Claude Maillard takes less total compensation than the CEOs of most similar size companies, leaving more for shareholders. However, before we heap on the praise, we should delve deeper to understand business performance. The graphic below shows how CEO compensation at Figeac Aero Société Anonyme has changed from year to year.

Is Figeac Aero Société Anonyme Growing?

On average over the last three years, Figeac Aero Société Anonyme has shrunk earnings per share by 46% each year (measured with a line of best fit). In the last year, its revenue is up 12%.

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. It could be important to check this free visual depiction of what analysts expect for the future.

Has Figeac Aero Société Anonyme Been A Good Investment?

Given the total loss of 86% over three years, many shareholders in Figeac Aero Société Anonyme are probably rather dissatisfied, to say the least. So shareholders would probably think the company shouldn't be too generous with CEO compensation.

In Summary...

Figeac Aero Société Anonyme is currently paying its CEO below what is normal for companies of its size.

Shareholders should note that compensation for Jean-Claude Maillard is under the median of a group of similar sized companies. But then, EPS growth is lacking and so are the returns to shareholders. Considering all these factors, we'd stop short of saying the CEO pay is too high, but we don't think shareholders would want to see a pay rise before business performance improves. Shifting gears from CEO pay for a second, we've spotted 5 warning signs for Figeac Aero Société Anonyme you should be aware of, and 1 of them is a bit unpleasant.

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If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.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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