This Is Why Euronext N.V.'s (EPA:ENX) CEO Compensation Looks Appropriate

Simply Wall St · 4d ago

Key Insights

  • Euronext will host its Annual General Meeting on 15th of May
  • CEO Stéphane Boujnah's total compensation includes salary of €1.06m
  • Total compensation is similar to the industry average
  • Euronext's EPS grew by 9.8% over the past three years while total shareholder return over the past three years was 126%

Performance at Euronext N.V. (EPA:ENX) has been reasonably good and CEO Stéphane Boujnah has done a decent job of steering the company in the right direction. 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 15th of May. Here is our take on why we think the CEO compensation looks appropriate.

View our latest analysis for Euronext

How Does Total Compensation For Stéphane Boujnah Compare With Other Companies In The Industry?

Our data indicates that Euronext N.V. has a market capitalization of €15b, and total annual CEO compensation was reported as €4.7m for the year to December 2024. We note that's an increase of 9.3% above last year. While we always look at total compensation first, our analysis shows that the salary component is less, at €1.1m.

In comparison with other companies in the French Capital Markets industry with market capitalizations over €7.1b, the reported median total CEO compensation was €4.9m. This suggests that Euronext remunerates its CEO largely in line with the industry average. Furthermore, Stéphane Boujnah directly owns €14m worth of shares in the company, implying that they are deeply invested in the company's success.

Component 2024 2023 Proportion (2024)
Salary €1.1m €1.0m 22%
Other €3.7m €3.3m 78%
Total Compensation €4.7m €4.3m 100%

Talking in terms of the industry, salary represented approximately 34% of total compensation out of all the companies we analyzed, while other remuneration made up 66% of the pie. It's interesting to note that Euronext allocates a smaller portion of compensation to salary in comparison to the broader industry. It's important to note that a slant towards non-salary compensation suggests that total pay is tied to the company's performance.

ceo-compensation
ENXTPA:ENX CEO Compensation May 9th 2025

Euronext N.V.'s Growth

Euronext N.V.'s earnings per share (EPS) grew 9.8% per year over the last three years. Its revenue is up 10% over the last year.

We think the revenue growth is good. And the modest growth in EPS isn't bad, either. Although we'll stop short of calling the stock a top performer, we think the company has potential. Moving away from current form for a second, it could be important to check this free visual depiction of what analysts expect for the future.

Has Euronext N.V. Been A Good Investment?

We think that the total shareholder return of 126%, over three years, would leave most Euronext N.V. 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.

In Summary...

Given that the company's overall performance has been reasonable, the CEO remuneration policy might not be shareholders' central point of focus 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.

So you may want to check if insiders are buying Euronext shares with their own money (free access).

Arguably, business quality is much more important than CEO compensation levels. So check out this free list of interesting companies that have HIGH return on equity and low debt.