Key Insights

• TeamViewer to hold its Annual General Meeting on 7th of June

• Total pay for CEO Oliver Steil includes €922.5k salary

• Total compensation is 288% above industry average

• TeamViewer's EPS grew by 14% over the past three years while total shareholder loss over the past three years was 62%

Shareholders of TeamViewer SE (ETR:TMV) will have been dismayed by the negative share price return over the last three years. However, what is unusual is that EPS growth has been positive, suggesting that the share price has diverged from fundamentals. Shareholders may want to question the board on the future direction of the company at the upcoming AGM on 7th of June. They could also try to influence management and firm direction through voting on resolutions such as executive remuneration and other company matters. We discuss below why we think shareholders should be cautious of approving a raise for the CEO at the moment.

Check out our latest analysis for TeamViewer

How Does Total Compensation For Oliver Steil Compare With Other Companies In The Industry?

At the time of writing, our data shows that TeamViewer SE has a market capitalization of €1.9b, and reported total annual CEO compensation of €2.5m for the year to December 2023. We note that's an increase of 37% above last year. We think total compensation is more important but our data shows that the CEO salary is lower, at €923k.

For comparison, other companies in the German Software industry with market capitalizations ranging between €923m and €3.0b had a median total CEO compensation of €638k. This suggests that Oliver Steil is paid more than the median for the industry.

Speaking on an industry level, nearly 64% of total compensation represents salary, while the remainder of 36% is other remuneration. TeamViewer sets aside a smaller share of compensation for salary, in comparison to the overall industry. If non-salary compensation dominates total pay, it's an indicator that the executive's salary is tied to company performance.

A Look at TeamViewer SE's Growth Numbers

TeamViewer SE has seen its earnings per share (EPS) increase by 14% a year over the past three years. In the last year, its revenue is up 9.3%.

This demonstrates that the company has been improving recently and is good news for the shareholders. It's also good to see modest revenue growth, suggesting the underlying business is healthy. Looking ahead, you might want to check this free visual report on analyst forecasts for the company's future earnings..