Treasury Wine Estates Limited

ASX:TWE Stock Report

Market Cap: AU$5.7b

Treasury Wine Estates Management

Management criteria checks 3/4

Treasury Wine Estates' CEO is Tim Ford, appointed in Jul 2020, has a tenure of 5.25 years. total yearly compensation is A$4.32M, comprised of 39% salary and 61% bonuses, including company stock and options. directly owns 0.076% of the company’s shares, worth A$4.32M. The average tenure of the management team and the board of directors is 4 years and 5.3 years respectively.

Key information

Tim Ford

Chief executive officer

AU$4.3m

Total compensation

CEO salary percentage38.96%
CEO tenure5.3yrs
CEO ownership0.08%
Management average tenure4yrs
Board average tenure5.3yrs

Recent management updates

Recent updates

Investors Still Waiting For A Pull Back In Treasury Wine Estates Limited (ASX:TWE)

Aug 04
Investors Still Waiting For A Pull Back In Treasury Wine Estates Limited (ASX:TWE)

An Intrinsic Calculation For Treasury Wine Estates Limited (ASX:TWE) Suggests It's 48% Undervalued

Jun 18
An Intrinsic Calculation For Treasury Wine Estates Limited (ASX:TWE) Suggests It's 48% Undervalued

Treasury Wine Estates Limited's (ASX:TWE) P/E Still Appears To Be Reasonable

Apr 26
Treasury Wine Estates Limited's (ASX:TWE) P/E Still Appears To Be Reasonable

These 4 Measures Indicate That Treasury Wine Estates (ASX:TWE) Is Using Debt Extensively

Apr 09
These 4 Measures Indicate That Treasury Wine Estates (ASX:TWE) Is Using Debt Extensively
User avatar

Penfolds' China Expansion And DAOU Integration To Strengthen Future Performance

The expansion into the Chinese market with strong Penfolds demand indicates robust future earnings potential and improved profit margins.

Treasury Wine Estates (ASX:TWE) Has Announced That It Will Be Increasing Its Dividend To A$0.20

Feb 19
Treasury Wine Estates (ASX:TWE) Has Announced That It Will Be Increasing Its Dividend To A$0.20

Is Treasury Wine Estates (ASX:TWE) Using Too Much Debt?

Dec 17
Is Treasury Wine Estates (ASX:TWE) Using Too Much Debt?

Here's Why We Think Treasury Wine Estates Limited's (ASX:TWE) CEO Compensation Looks Fair for the time being

Oct 10
Here's Why We Think Treasury Wine Estates Limited's (ASX:TWE) CEO Compensation Looks Fair for the time being

Treasury Wine Estates Limited Just Missed EPS By 62%: Here's What Analysts Think Will Happen Next

Aug 16
Treasury Wine Estates Limited Just Missed EPS By 62%: Here's What Analysts Think Will Happen Next

Treasury Wine Estates Limited's (ASX:TWE) P/E Still Appears To Be Reasonable

Jul 16
Treasury Wine Estates Limited's (ASX:TWE) P/E Still Appears To Be Reasonable

Are Investors Undervaluing Treasury Wine Estates Limited (ASX:TWE) By 44%?

May 06
Are Investors Undervaluing Treasury Wine Estates Limited (ASX:TWE) By 44%?

These 4 Measures Indicate That Treasury Wine Estates (ASX:TWE) Is Using Debt Extensively

Apr 18
These 4 Measures Indicate That Treasury Wine Estates (ASX:TWE) Is Using Debt Extensively

Treasury Wine Estates' (ASX:TWE) Conservative Accounting Might Explain Soft Earnings

Feb 21
Treasury Wine Estates' (ASX:TWE) Conservative Accounting Might Explain Soft Earnings

Treasury Wine Estates Limited (ASX:TWE) Not Lagging Market On Growth Or Pricing

Feb 04
Treasury Wine Estates Limited (ASX:TWE) Not Lagging Market On Growth Or Pricing

Treasury Wine Estates Limited (ASX:TWE) Shares Could Be 49% Below Their Intrinsic Value Estimate

Jan 09
Treasury Wine Estates Limited (ASX:TWE) Shares Could Be 49% Below Their Intrinsic Value Estimate

Returns On Capital Signal Tricky Times Ahead For Treasury Wine Estates (ASX:TWE)

Oct 25
Returns On Capital Signal Tricky Times Ahead For Treasury Wine Estates (ASX:TWE)

Is There An Opportunity With Treasury Wine Estates Limited's (ASX:TWE) 33% Undervaluation?

Sep 24
Is There An Opportunity With Treasury Wine Estates Limited's (ASX:TWE) 33% Undervaluation?

Treasury Wine Estates' (ASX:TWE) Shareholders Will Receive A Bigger Dividend Than Last Year

Aug 19
Treasury Wine Estates' (ASX:TWE) Shareholders Will Receive A Bigger Dividend Than Last Year

Treasury Wine Estates' (ASX:TWE) Returns Have Hit A Wall

Jul 11
Treasury Wine Estates' (ASX:TWE) Returns Have Hit A Wall

We Think Treasury Wine Estates (ASX:TWE) Can Stay On Top Of Its Debt

Jun 20
We Think Treasury Wine Estates (ASX:TWE) Can Stay On Top Of Its Debt

A Look At The Fair Value Of Treasury Wine Estates Limited (ASX:TWE)

May 23
A Look At The Fair Value Of Treasury Wine Estates Limited (ASX:TWE)

Treasury Wine Estates (ASX:TWE) Is Increasing Its Dividend To A$0.18

Feb 17
Treasury Wine Estates (ASX:TWE) Is Increasing Its Dividend To A$0.18

A Look At The Fair Value Of Treasury Wine Estates Limited (ASX:TWE)

Feb 01
A Look At The Fair Value Of Treasury Wine Estates Limited (ASX:TWE)

Does Treasury Wine Estates (ASX:TWE) Have A Healthy Balance Sheet?

Dec 19
Does Treasury Wine Estates (ASX:TWE) Have A Healthy Balance Sheet?

Returns At Treasury Wine Estates (ASX:TWE) Appear To Be Weighed Down

Dec 01
Returns At Treasury Wine Estates (ASX:TWE) Appear To Be Weighed Down

Is Treasury Wine Estates Limited (ASX:TWE) Trading At A 30% Discount?

Oct 27
Is Treasury Wine Estates Limited (ASX:TWE) Trading At A 30% Discount?

Treasury Wine Estates (ASX:TWE) Seems To Use Debt Quite Sensibly

Sep 20
Treasury Wine Estates (ASX:TWE) Seems To Use Debt Quite Sensibly

Treasury Wine Estates (ASX:TWE) Has More To Do To Multiply In Value Going Forward

Sep 02
Treasury Wine Estates (ASX:TWE) Has More To Do To Multiply In Value Going Forward

Is Treasury Wine Estates Limited (ASX:TWE) Trading At A 44% Discount?

Jul 15
Is Treasury Wine Estates Limited (ASX:TWE) Trading At A 44% Discount?

Returns On Capital At Treasury Wine Estates (ASX:TWE) Have Stalled

May 25
Returns On Capital At Treasury Wine Estates (ASX:TWE) Have Stalled

Treasury Wine Estates Limited (ASX:TWE) Shares Could Be 40% Below Their Intrinsic Value Estimate

Apr 11
Treasury Wine Estates Limited (ASX:TWE) Shares Could Be 40% Below Their Intrinsic Value Estimate

These 4 Measures Indicate That Treasury Wine Estates (ASX:TWE) Is Using Debt Reasonably Well

Mar 28
These 4 Measures Indicate That Treasury Wine Estates (ASX:TWE) Is Using Debt Reasonably Well

Treasury Wine Estates (ASX:TWE) Has Announced A Dividend Of AU$0.15

Feb 18
Treasury Wine Estates (ASX:TWE) Has Announced A Dividend Of AU$0.15

Returns At Treasury Wine Estates (ASX:TWE) Are On The Way Up

Jan 31
Returns At Treasury Wine Estates (ASX:TWE) Are On The Way Up

Is Treasury Wine Estates (ASX:TWE) Using Too Much Debt?

Dec 14
Is Treasury Wine Estates (ASX:TWE) Using Too Much Debt?

An Intrinsic Calculation For Treasury Wine Estates Limited (ASX:TWE) Suggests It's 47% Undervalued

Dec 01
An Intrinsic Calculation For Treasury Wine Estates Limited (ASX:TWE) Suggests It's 47% Undervalued

Returns On Capital Are Showing Encouraging Signs At Treasury Wine Estates (ASX:TWE)

Oct 26
Returns On Capital Are Showing Encouraging Signs At Treasury Wine Estates (ASX:TWE)

Treasury Wine Estates (ASX:TWE) Is Increasing Its Dividend To AU$0.13

Aug 24
Treasury Wine Estates (ASX:TWE) Is Increasing Its Dividend To AU$0.13

CEO Compensation Analysis

How has Tim Ford's remuneration changed compared to Treasury Wine Estates's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2025AU$4mAU$2m

AU$437m

Mar 31 2025n/an/a

AU$295m

Dec 31 2024n/an/a

AU$153m

Sep 30 2024n/an/a

AU$126m

Jun 30 2024AU$4mAU$2m

AU$99m

Mar 31 2024n/an/a

AU$166m

Dec 31 2023n/an/a

AU$233m

Sep 30 2023n/an/a

AU$244m

Jun 30 2023AU$5mAU$2m

AU$255m

Mar 31 2023n/an/a

AU$298m

Dec 31 2022n/an/a

AU$342m

Sep 30 2022n/an/a

AU$303m

Jun 30 2022AU$4mAU$2m

AU$263m

Mar 31 2022n/an/a

AU$252m

Dec 31 2021n/an/a

AU$241m

Sep 30 2021n/an/a

AU$246m

Jun 30 2021AU$3mAU$1m

AU$250m

Mar 31 2021n/an/a

AU$201m

Dec 31 2020n/an/a

AU$152m

Sep 30 2020n/an/a

AU$199m

Jun 30 2020AU$2mAU$779k

AU$245m

Mar 31 2020n/an/a

AU$326m

Dec 31 2019n/an/a

AU$407m

Sep 30 2019n/an/a

AU$408m

Jun 30 2019AU$1mAU$339k

AU$409m

Compensation vs Market: Tim's total compensation ($USD2.85M) is above average for companies of similar size in the Australian market ($USD2.06M).

Compensation vs Earnings: Tim's compensation has been consistent with company performance over the past year.

CEO

Tim Ford

5.3yrs
Tenure
AU$4,318,766
Compensation

Mr. Timothy Ford, also known as Tim, BBus, MBA, has been Chief Executive Officer, Managing Director and Executive Director at Treasury Wine Estates Limited since July 1, 2020. Mr. Ford was Chief Operating...

Leadership Team

NamePositionTenureCompensationOwnership
Timothy Ford
CEO, MD & Executive Director5.3yrsAU$4.32m0.076%
A$ 4.3m
Stuart Boxer
Chief Financial & Strategy Officer1.9yrsAU$1.79m0.018%
A$ 1.0m
Kate Whitney
Chief Digital & Technology Officer2.8yrsno datano data
Katie Hodgson
Chief People & Corporate Affairs Officer and Chief of Staff to the CEO5.8yrsno datano data
Tom King
Managing Director of Penfolds8.6yrsno datano data
Angus Lilley
Managing Director of Treasury Collective1.3yrsno datano data
Ben Dollard
President of Treasury Americas5.8yrsno datano data
Kerrin Petty
Chief Supply & Sustainability Officerno datano datano data
Justin Pipito
Deputy Chief Financial Officerno datano datano data
Alexandra Lorenzi
Group Company Secretary2.3yrsno datano data
4.0yrs
Average Tenure

Experienced Management: TWE's management team is considered experienced (4 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Timothy Ford
CEO, MD & Executive Director5.3yrsAU$4.32m0.076%
A$ 4.3m
Nigel Garrard
Independent Non-Executive Directorless than a yearAU$38.33k0.0022%
A$ 123.7k
Lauri Shanahan
Independent Non-Executive Director8.9yrsAU$255.96k0.0028%
A$ 157.9k
Garry Hounsell
Independent Non-Executive Director13.1yrsAU$296.00k0.015%
A$ 851.1k
John Mullen
Independent Non-Executive Chairman2.4yrsAU$568.98k0.026%
A$ 1.5m
Antonia Korsanos
Independent Non-Executive Director5.5yrsAU$270.08k0.0027%
A$ 154.5k
Colleen Jay
Independent Non-Executive Director7.5yrsAU$247.96k0.0040%
A$ 226.9k
Judy Liu
Independent Non-Executive Directorless than a yearAU$115.43kno data
Leslie Frank
Non-Independent Director1.3yrsAU$208.56k0.0026%
A$ 145.9k
5.3yrs
Average Tenure
63yo
Average Age

Experienced Board: TWE's board of directors are considered experienced (5.3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/03 21:00
End of Day Share Price 2025/10/03 00:00
Earnings2025/06/30
Annual Earnings2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Treasury Wine Estates Limited is covered by 25 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Russell WrightAPP Securities Pty Ltd.
Thomas KierathBarrenjoey Markets Pty Limited
David ErringtonBofA Global Research