Key Insights

• Kori Holdings will host its Annual General Meeting on 29th of April

• Salary of S$364.2k is part of CEO Yu-Koh Hooi's total remuneration

• The total compensation is similar to the average for the industry

• Over the past three years, Kori Holdings' EPS grew by 5.9% and over the past three years, the total shareholder return was 7.7%

Under the guidance of CEO Yu-Koh Hooi, Kori Holdings Limited (Catalist:5VC) has performed reasonably well recently. This is something shareholders will keep in mind as they cast their votes on company resolutions such as executive remuneration in the upcoming AGM on 29th of April. Here is our take on why we think the CEO compensation looks appropriate.

See our latest analysis for Kori Holdings

How Does Total Compensation For Yu-Koh Hooi Compare With Other Companies In The Industry?

Our data indicates that Kori Holdings Limited has a market capitalization of S$17m, and total annual CEO compensation was reported as S$405k for the year to December 2023. That's a slight decrease of 3.7% on the prior year. We note that the salary portion, which stands at S$364.2k constitutes the majority of total compensation received by the CEO.

On comparing similar-sized companies in the Singapore Construction industry with market capitalizations below S$273m, we found that the median total CEO compensation was S$567k. This suggests that Kori Holdings remunerates its CEO largely in line with the industry average. What's more, Yu-Koh Hooi holds S$5.7m worth of shares in the company in their own name, indicating that they have a lot of skin in the game.

Talking in terms of the industry, salary represented approximately 88% of total compensation out of all the companies we analyzed, while other remuneration made up 12% of the pie. Kori Holdings is largely mirroring the industry average when it comes to the share a salary enjoys in overall compensation. If total compensation veers towards salary, it suggests that the variable portion - which is generally tied to performance, is lower.

A Look at Kori Holdings Limited's Growth Numbers

Kori Holdings Limited's earnings per share (EPS) grew 5.9% per year over the last three years. Its revenue is down 8.3% over the previous year.

We generally like to see a little revenue growth, but the modest EPS growth gives us some relief. It's hard to reach a conclusion about business performance right now. This may be one to watch. While we don't have analyst forecasts for the company, shareholders might want to examine this detailed historical graph of earnings, revenue and cash flow.

Has Kori Holdings Limited Been A Good Investment?

Kori Holdings Limited has generated a total shareholder return of 7.7% over three years, so most shareholders wouldn't be too disappointed. Although, there's always room to improve. As a result, investors in the company might be reluctant about agreeing to increase CEO pay in the future, before seeing an improvement on their returns.

In Summary...

The company's decent performance might have made most shareholders happy, possibly making CEO remuneration the least of the concerns to be discussed in the upcoming AGM. However, we still think that any proposed increase in CEO compensation will be examined closely to make sure the compensation is appropriate and linked to performance.

It is always advisable to analyse CEO pay, along with performing a thorough analysis of the company's key performance areas. In our study, we found 4 warning signs for Kori Holdings you should be aware of, and 1 of them is potentially serious.

Switching gears from Kori Holdings, if you're hunting for a pristine balance sheet and premium returns, this free list of high return, low debt companies is a great place to look.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. 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.