Western Areas Limited

ASX:WSA Stock Report

Market Cap: AU$1.3b

This company is no longer active

The company may no longer be operating, as it may be out of business. Find out why through their latest events.

Western Areas Management

Management criteria checks 4/4

Key information

Dan Lougher

Chief executive officer

AU$1.8m

Total compensation

CEO salary percentage42.81%
CEO tenure10.3yrs
CEO ownership0.5%
Management average tenure10.1yrs
Board average tenure9.3yrs

Recent management updates

Analysis Article Dec 23

Need To Know: Western Areas Limited (ASX:WSA) Insiders Have Been Selling Shares

We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly...
Analysis Article Dec 08

Does Western Areas' (ASX:WSA) CEO Salary Compare Well With The Performance Of The Company?

This article will reflect on the compensation paid to Dan Lougher who has served as CEO of Western Areas Limited...
Analysis Article Sep 10

Have Insiders Sold Western Areas Limited (ASX:WSA) Shares Recently?

Anyone interested in Western Areas Limited (ASX:WSA) should probably be aware that the MD, CEO & Director, Daniel...

Recent updates

Analysis Article Mar 09

Is Western Areas Limited (ASX:WSA) Popular Amongst Institutions?

The big shareholder groups in Western Areas Limited ( ASX:WSA ) have power over the company. Large companies usually...
Analysis Article Jan 21

Has Western Areas Limited's (ASX:WSA) Impressive Stock Performance Got Anything to Do With Its Fundamentals?

Western Areas' (ASX:WSA) stock is up by a considerable 21% over the past three months. We wonder if and what role the...
Analysis Article Jan 05

A Look At The Fair Value Of Western Areas Limited (ASX:WSA)

How far off is Western Areas Limited ( ASX:WSA ) from its intrinsic value? Using the most recent financial data, we'll...
Analysis Article Dec 23

Need To Know: Western Areas Limited (ASX:WSA) Insiders Have Been Selling Shares

We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly...
Analysis Article Dec 08

Does Western Areas' (ASX:WSA) CEO Salary Compare Well With The Performance Of The Company?

This article will reflect on the compensation paid to Dan Lougher who has served as CEO of Western Areas Limited...
Analysis Article Nov 24

Could The Western Areas Limited (ASX:WSA) Ownership Structure Tell Us Something Useful?

The big shareholder groups in Western Areas Limited (ASX:WSA) have power over the company. Institutions will often...
Analysis Article Sep 28

An Intrinsic Calculation For Western Areas Limited (ASX:WSA) Suggests It's 48% Undervalued

In this article we are going to estimate the intrinsic value of Western Areas Limited (ASX:WSA) by projecting its...
Analysis Article Sep 10

Have Insiders Sold Western Areas Limited (ASX:WSA) Shares Recently?

Anyone interested in Western Areas Limited (ASX:WSA) should probably be aware that the MD, CEO & Director, Daniel...
Analysis Article Aug 06

The Returns At Western Areas (ASX:WSA) Provide Us With Signs Of What's To Come

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few...
Analysis Article Jul 15

What Kind Of Shareholders Own Western Areas Limited (ASX:WSA)?

Every investor in Western Areas Limited (ASX:WSA) should be aware of the most powerful shareholder groups. Large...

CEO Compensation Analysis

How has Dan Lougher's remuneration changed compared to Western Areas's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2021n/an/a

AU$23m

Sep 30 2021n/an/a

AU$8m

Jun 30 2021AU$2mAU$779k

-AU$8m

Mar 31 2021n/an/a

-AU$6m

Dec 31 2020n/an/a

-AU$5m

Sep 30 2020n/an/a

AU$14m

Jun 30 2020AU$2mAU$779k

AU$32m

Mar 31 2020n/an/a

AU$35m

Dec 31 2019n/an/a

AU$39m

Sep 30 2019n/an/a

AU$26m

Jun 30 2019AU$2mAU$756k

AU$14m

Mar 31 2019n/an/a

AU$11m

Dec 31 2018n/an/a

AU$8m

Sep 30 2018n/an/a

AU$10m

Jun 30 2018AU$2mAU$716k

AU$12m

Mar 31 2018n/an/a

AU$17m

Dec 31 2017n/an/a

AU$22m

Sep 30 2017n/an/a

AU$21m

Jun 30 2017AU$2mAU$708k

AU$19m

Mar 31 2017n/an/a

AU$5m

Dec 31 2016n/an/a

-AU$9m

Sep 30 2016n/an/a

-AU$18m

Jun 30 2016AU$2mAU$753k

-AU$27m

Mar 31 2016n/an/a

-AU$16m

Dec 31 2015n/an/a

-AU$5m

Sep 30 2015n/an/a

AU$15m

Jun 30 2015AU$2mAU$780k

AU$36m

Compensation vs Market: Dan's total compensation ($USD1.27M) is about average for companies of similar size in the Australian market ($USD1.05M).

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


CEO

Dan Lougher (61 yo)

10.3yrs
Tenure
AU$1,820,130
Compensation

Mr. Daniel Richard Lougher, also known as Dan, B.Sc. (Mining Geology), Msc. Eng., FAusIMM, MAusIMM, has been the Chief Executive Officer and Managing Director at Western Areas Ltd since February 1, 2012. M...


Leadership Team

NamePositionTenureCompensationOwnership
Daniel Lougher
MD, CEO & Executive Director10.3yrsAU$1.82m0.54%
A$ 6.8m
Joseph Belladonna
CFO & Company Secretary14.1yrsAU$963.05k0.076%
A$ 954.9k
Wyn Jones
General Manager of Operations9.8yrsAU$749.37k0.085%
A$ 1.1m
Leonard Lau
General Manager of Corporate Developmentno datano datano data
Graeme Gribbin
General Manager of Explorationno datano datano data
Duncan Sutherland
GM of Forrestania Nickel Operations & Executive Director9.8yrsno datano data
10.1yrs
Average Tenure

Experienced Management: WSA's management team is seasoned and experienced (10.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Daniel Lougher
MD, CEO & Executive Director14.1yrsAU$1.82m0.54%
A$ 6.8m
Ian Macliver
Independent Non-Executive Chairman10.7yrsAU$192.37k0.017%
A$ 214.6k
Yasmin Broughton
Independent Non-Executive Director1.7yrsAU$118.32k0.0030%
A$ 37.3k
Timothy Netscher
Independent Non-Executive Director7.8yrsAU$166.72k0.018%
A$ 232.2k
Richard Yeates
Independent Non-Executive Director12.7yrsAU$166.72k0.0031%
A$ 38.7k
Natalia Streltsova
Independent Non-Executive Director5.4yrsAU$166.72k0.0072%
A$ 90.7k
9.3yrs
Average Tenure
61yo
Average Age

Experienced Board: WSA's board of directors are considered experienced (9.3 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2022/06/22 19:08
End of Day Share Price 2022/06/15 00:00
Earnings2021/12/31
Annual Earnings2021/06/30

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

Western Areas Limited is covered by 19 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Christopher ReidATB Cormark Historical (Cormark Securities)
David RadclyffeBMO Capital Markets Equity Research
Sophie SpartalisBofA Global Research