Bell Equipment Limited

DB:B2K Stock Report

Market Cap: €202.1m

Bell Equipment Management

Management criteria checks 3/4

Bell Equipment's CEO is Ashley Bell, appointed in Jan 2024, has a tenure of 1.33 years. total yearly compensation is ZAR5.22M, comprised of 92% salary and 8% bonuses, including company stock and options. directly owns 0% of the company’s shares, worth €60.64. The average tenure of the management team and the board of directors is 5.2 years and 8.8 years respectively.

Key information

Ashley Bell

Chief executive officer

R5.2m

Total compensation

CEO salary percentage92.03%
CEO tenure1.3yrs
CEO ownership0.00003%
Management average tenure5.2yrs
Board average tenure8.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ashley Bell's remuneration changed compared to Bell Equipment's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2024R5mR5m

R440m

Sep 30 2024n/an/a

R592m

Jun 30 2024n/an/a

R744m

Mar 31 2024n/an/a

R754m

Dec 31 2023R559kn/a

R764m

Sep 30 2023n/an/a

R674m

Jun 30 2023n/an/a

R585m

Mar 31 2023n/an/a

R521m

Dec 31 2022R568kn/a

R457m

Sep 30 2022n/an/a

R387m

Jun 30 2022n/an/a

R318m

Mar 31 2022n/an/a

R302m

Dec 31 2021R582kn/a

R287m

Sep 30 2021n/an/a

R219m

Jun 30 2021n/an/a

R151m

Mar 31 2021n/an/a

R43m

Dec 31 2020R497kn/a

-R64m

Sep 30 2020n/an/a

-R100m

Jun 30 2020n/an/a

-R137m

Mar 31 2020n/an/a

-R35m

Dec 31 2019R2mR1m

R67m

Sep 30 2019n/an/a

R188m

Jun 30 2019n/an/a

R301m

Mar 31 2019n/an/a

R285m

Dec 31 2018R465kn/a

R270m

Compensation vs Market: Ashley's total compensation ($USD290.80K) is below average for companies of similar size in the German market ($USD797.52K).

Compensation vs Earnings: Ashley's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Ashley Bell (41 yo)

1.3yrs
Tenure
R5,222,000
Compensation

Mr. Ashley John Bell has been CEO & Executive Director since January 01, 2023 at Bell Equipment Limited and had been Non-Executive Director at Bell Equipment Ltd., since December 1, 2019 until January 01,...

Leadership Team

NamePositionTenureCompensationOwnership
Ashley Bell
CEO & Executive Director1.3yrsR5.22m0.000030%
€ 60.6
Karen van Haght
Group CFO & Executive Director19yrsR7.58mno data
Justin Bell
Director of Group Technical & Quality Assurance1.3yrsno datano data
Diana McIlrath
Group Company Secretary & Legal9.2yrsno datano data
Dominic Chinnappen
Director of Southern hemisphere manufacturingless than a yearno datano data
Stephen Jones
Director of Group Engineeringno datano datano data
Johan Wyngaardt
Director of Group Human Resources9.1yrsno datano data
John Fleetwood
Managing Director of Bell Equipment Sales SA Ltdno datano datano data
5.2yrs
Average Tenure
53yo
Average Age

Experienced Management: B2K's management team is seasoned and experienced (5.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Ashley Bell
CEO & Executive Director10.2yrsR5.22m0.000030%
€ 60.6
Karen van Haght
Group CFO & Executive Director19.3yrsR7.58mno data
Hendrik Van der Merwe
Lead Independent Director9.3yrsR1.41mno data
Gary Bell
Non-Executive Chairman of the Board48.3yrsR1.08m0.050%
€ 100.2k
Avishkar Goordeen
Alternate Executive Director7.5yrsR6.90mno data
Derek Lawrance
Independent Non-Executive Director9.3yrsR1.12mno data
Mamokete Ramathe
Independent Non-Executive Director8.2yrsR957.00kno data
Rajendran Naidu
Independent Non-Executive Director8.2yrsR951.00kno data
Ushadevi Maharaj
Independent Non-Executive Director3.1yrsR633.00kno data
Markus Geyer
Independent Non-Executive Director3.1yrsR681.00kno data
8.8yrs
Average Tenure
54yo
Average Age

Experienced Board: B2K's board of directors are considered experienced (8.8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/21 02:15
End of Day Share Price 2025/05/21 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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

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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

Bell Equipment Limited is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Paul RossAfrifocus Securities (Pty) Ltd.
Julian Benjamin WentzelMacquarie Research
John ArronRencap Securities (Pty) Limited