How Should Investors Feel About Immutep's (ASX:IMM) CEO Remuneration?
ASX:IMM) since 2014, and this article will examine the executive’s compensation with respect to the overall performance of the company. This analysis will also assess whether Immutep pays its CEO appropriately, considering recent earnings growth and total shareholder returns.” data-reactid=”28″>Marc Voigt has been the CEO of Immutep Limited (ASX:IMM) since 2014, and this article will examine the executive’s compensation with respect to the overall performance of the company. This analysis will also assess whether Immutep pays its CEO appropriately, considering recent earnings growth and total shareholder returns.
Check out our latest analysis for Immutep ” data-reactid=”29″> Check out our latest analysis for Immutep
How Does Total Compensation For Marc Voigt Compare With Other Companies In The Industry?
According to our data, Immutep Limited has a market capitalization of AU$95m, and paid its CEO total annual compensation worth AU$926k over the year to June 2020. Notably, that’s an increase of 11% over the year before. While we always look at total compensation first, our analysis shows that the salary component is less, at AU$411k.
In comparison with other companies in the industry with market capitalizations under AU$276m, the reported median total CEO compensation was AU$444k. Accordingly, our analysis reveals that Immutep Limited pays Marc Voigt north of the industry median. What’s more, Marc Voigt holds AU$1.5m worth of shares in the company in their own name, indicating that they have a lot of skin in the game.
| Component | 2020 | 2019 | Proportion (2020) |
| Salary | AU$411k | AU$399k | 44% |
| Other | AU$515k | AU$438k | 56% |
| Total Compensation | AU$926k | AU$837k | 100% |
Talking in terms of the industry, salary represented approximately 64% of total compensation out of all the companies we analyzed, while other remuneration made up 36% of the pie. In Immutep’s case, non-salary compensation represents a greater slice of total remuneration, in comparison to the broader industry. If total compensation is slanted towards non-salary benefits, it indicates that CEO pay is linked to company performance.
Immutep Limited’s Growth
Over the last three years, Immutep Limited has not seen its earnings per share change much, though they have deteriorated slightly. It achieved revenue growth of 185% over the last year.
this free visualization of analyst forecasts.” data-reactid=”54″>The reduction in EPS, over three years, is arguably concerning. On the other hand, the strong revenue growth suggests the business is growing. It’s hard to reach a conclusion about business performance right now. This may be one to watch. Historical performance can sometimes be a good indicator on what’s coming up next but if you want to peer into the company’s future you might be interested in this free visualization of analyst forecasts.
Has Immutep Limited Been A Good Investment?
Given the total shareholder loss of 18% over three years, many shareholders in Immutep Limited are probably rather dissatisfied, to say the least. Therefore, it might be upsetting for shareholders if the CEO were paid generously.
In Summary…
As previously discussed, Marc is compensated more than what is normal for CEOs of companies of similar size, and which belong to the same industry. It concerns us that EPS growth for the company is negative, while share price gains did not materialize over the last three years. On a more positive note, the company has produced a more positive revenue growth more recently. Few would argue that it’s wise for the company to pay any more, before returns improve.
3 warning signs for Immutep that investors should think about before committing capital to this stock.” data-reactid=”59″>While it is important to pay attention to CEO remuneration, investors should also consider other elements of the business. That’s why we did some digging and identified 3 warning signs for Immutep that investors should think about before committing capital to this stock.
list of interesting companies. ” data-reactid=”64″>Of course, you might find a fantastic investment by looking at a different set of stocks. So take a peek at this free list of interesting companies.
Get in touch with us directly. Alternatively, email [email protected].” data-reactid=”65″>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. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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