We have been pretty impressed with the performance at Albaad Massuot Yitzhak Ltd (TLV:ALBA) recently and CEO Jacob Heen deserves a mention for their role in it. The pleasing results would be something shareholders would keep in mind at the upcoming AGM on 1st of January. This would also be a chance for them to hear the board review the financial results, discuss future company strategy and vote on any resolutions such as executive remuneration. We think the CEO has done a pretty decent job and we discuss why the CEO compensation is appropriate.
View our latest analysis for Albaad Massuot Yitzhak
At the time of writing, our data shows that Albaad Massuot Yitzhak Ltd has a market capitalization of ₪660m, and reported total annual CEO compensation of ₪3.4m for the year to December 2024. That's a notable increase of 13% on last year. We note that the salary of ₪1.87m makes up a sizeable portion of the total compensation received by the CEO.
For comparison, other companies in the Israel Household Products industry with market capitalizations ranging between ₪319m and ₪1.3b had a median total CEO compensation of ₪3.4m. So it looks like Albaad Massuot Yitzhak compensates Jacob Heen in line with the median for the industry.
| Component | 2024 | 2023 | Proportion (2024) |
| Salary | ₪1.9m | ₪1.7m | 55% |
| Other | ₪1.5m | ₪1.3m | 45% |
| Total Compensation | ₪3.4m | ₪3.0m | 100% |
Speaking on an industry level, nearly 92% of total compensation represents salary, while the remainder of 8% is other remuneration. Albaad Massuot Yitzhak sets aside a smaller share of compensation for salary, in comparison to the overall industry. If total compensation veers towards salary, it suggests that the variable portion - which is generally tied to performance, is lower.
Albaad Massuot Yitzhak Ltd's earnings per share (EPS) grew 89% per year over the last three years. Its revenue is up 1.8% over the last year.
This demonstrates that the company has been improving recently and is good news for the shareholders. It's good to see a bit of revenue growth, as this suggests the business is able to grow sustainably. We don't have analyst forecasts, but you could get a better understanding of its growth by checking out this more detailed historical graph of earnings, revenue and cash flow.
We think that the total shareholder return of 412%, over three years, would leave most Albaad Massuot Yitzhak Ltd shareholders smiling. This strong performance might mean some shareholders don't mind if the CEO were to be paid more than is normal for a company of its size.
The company's solid performance might have made most shareholders happy, possibly making CEO remuneration the least of the matters to be discussed in the AGM. Instead, investors might be more interested in discussions that would help manage their longer-term growth expectations such as company business strategies and future growth potential.
It is always advisable to analyse CEO pay, along with performing a thorough analysis of the company's key performance areas. We identified 4 warning signs for Albaad Massuot Yitzhak (2 are a bit concerning!) that you should be aware of before investing here.
Important note: Albaad Massuot Yitzhak is an exciting stock, but we understand investors may be looking for an unencumbered balance sheet and blockbuster returns. You might find something better in this list of interesting companies with high ROE and low debt.
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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.