Mustek Limited

DB:M1B Stock Report

Market Cap: €44.3m

Mustek Management

Management criteria checks 4/4

Mustek's CEO is Hein Engelbrecht, appointed in May 2022, has a tenure of 2.58 years. total yearly compensation is ZAR6.93M, comprised of 82% salary and 18% bonuses, including company stock and options. directly owns 3.23% of the company’s shares, worth €1.43M. The average tenure of the management team and the board of directors is 2.5 years and 3.7 years respectively.

Key information

Hein Engelbrecht

Chief executive officer

R6.9m

Total compensation

CEO salary percentage82.0%
CEO tenure2.6yrs
CEO ownership3.2%
Management average tenure2.5yrs
Board average tenure3.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Hein Engelbrecht's remuneration changed compared to Mustek's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024R7mR6m

R21m

Mar 31 2024n/an/a

R82m

Dec 31 2023n/an/a

R143m

Sep 30 2023n/an/a

R181m

Jun 30 2023R13mR5m

R220m

Mar 31 2023n/an/a

R209m

Dec 31 2022n/an/a

R199m

Sep 30 2022n/an/a

R210m

Jun 30 2022R12mR4m

R220m

Mar 31 2022n/an/a

R263m

Dec 31 2021n/an/a

R306m

Sep 30 2021n/an/a

R300m

Jun 30 2021R10mR4m

R294m

Mar 31 2021n/an/a

R233m

Dec 31 2020n/an/a

R172m

Sep 30 2020n/an/a

R129m

Jun 30 2020R6mR3m

R87m

Mar 31 2020n/an/a

R94m

Dec 31 2019n/an/a

R102m

Sep 30 2019n/an/a

R103m

Jun 30 2019R9mR3m

R105m

Mar 31 2019n/an/a

R97m

Dec 31 2018n/an/a

R90m

Sep 30 2018n/an/a

R85m

Jun 30 2018R5mR3m

R80m

Compensation vs Market: Hein's total compensation ($USD371.07K) is about average for companies of similar size in the German market ($USD468.18K).

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

CEO

Hein Engelbrecht (55 yo)

2.6yrs

Tenure

R6,930,000

Compensation

Mr. Hein Engelbrecht, BCom (Hons), CA (SA) is Chief Executive Officer at Mustek Limited from June 30, 2022 and was its Managing Director. He serves as the Chief Operating Officer of Mustek Ltd. and has bee...

Leadership Team

NamePositionTenureCompensationOwnership
Hein Engelbrecht
COO, CEO & Executive Director2.6yrsR6.93m3.23%
€ 1.4m
Shabana Aboo Baker
Group Financial Director & Director2.4yrsR3.43mno data
Cornelius Coetzee
MD & Executive Director2.4yrsR4.09m1.64%
€ 727.0k
Dimitri Tserpes
Chief Technical Officerno datano datano data
Olga-Lee Levey
Chief Information Officerno datano datano data
Spencer Chen
Managing Director of Rectronno datano datano data
Sirkien van Schalkwyk
Company Secretary12.1yrsno datano data

2.5yrs

Average Tenure

50.5yo

Average Age

Experienced Management: M1B's management team is considered experienced (2.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Hein Engelbrecht
COO, CEO & Executive Director24.3yrsR6.93m3.23%
€ 1.4m
Shabana Aboo Baker
Group Financial Director & Director2.4yrsR3.43mno data
Cornelius Coetzee
MD & Executive Director16.3yrsR4.09m1.64%
€ 727.0k
Ralph Patmore
Lead Independent Non Executive Director15.2yrsR518.00kno data
Lenamile Mophatlane
Independent Non-Executive Chairman1.3yrsR425.00kno data
Shelley Thomas
Independent Non-Executive Director3.7yrsR543.00kno data
Pamella Marlowe
Independent Non-Executive Director3.4yrsR439.00kno data

3.7yrs

Average Tenure

53yo

Average Age

Experienced Board: M1B's board of directors are considered experienced (3.7 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 15:57
End of Day Share Price 2024/12/23 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

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 here.

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 .

Analyst Sources

Mustek 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
Brian RainierAfrifocus Securities (Pty) Ltd.
Giuseppe JermanInvestec Bank Limited (SA)
null nullMerchantec (Proprietary) Limited