Fresnillo plc

LSE:FRES Stock Report

Market Cap: UK£4.7b

Fresnillo Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Octavio Alvidrez

Chief executive officer

US$1.4m

Total compensation

CEO salary percentage81.1%
CEO tenure12.3yrs
CEO ownershipn/a
Management average tenure4.1yrs
Board average tenure7.1yrs

Recent management updates

Recent updates

Is Fresnillo (LON:FRES) A Risky Investment?

Dec 02
Is Fresnillo (LON:FRES) A Risky Investment?

A Look At The Fair Value Of Fresnillo plc (LON:FRES)

Nov 14
A Look At The Fair Value Of Fresnillo plc (LON:FRES)

Fresnillo's (LON:FRES) Returns On Capital Are Heading Higher

Oct 27
Fresnillo's (LON:FRES) Returns On Capital Are Heading Higher

Market Participants Recognise Fresnillo plc's (LON:FRES) Earnings Pushing Shares 25% Higher

Oct 05
Market Participants Recognise Fresnillo plc's (LON:FRES) Earnings Pushing Shares 25% Higher

We Think Fresnillo (LON:FRES) Can Stay On Top Of Its Debt

Aug 19
We Think Fresnillo (LON:FRES) Can Stay On Top Of Its Debt

Fresnillo (LON:FRES) Could Be Struggling To Allocate Capital

Jul 12
Fresnillo (LON:FRES) Could Be Struggling To Allocate Capital

Does Fresnillo (LON:FRES) Have A Healthy Balance Sheet?

May 21
Does Fresnillo (LON:FRES) Have A Healthy Balance Sheet?

Fresnillo's (LON:FRES) Anemic Earnings Might Be Worse Than You Think

Apr 26
Fresnillo's (LON:FRES) Anemic Earnings Might Be Worse Than You Think

Subdued Growth No Barrier To Fresnillo plc (LON:FRES) With Shares Advancing 30%

Apr 18
Subdued Growth No Barrier To Fresnillo plc (LON:FRES) With Shares Advancing 30%

Fresnillo's (LON:FRES) Returns On Capital Not Reflecting Well On The Business

Mar 28
Fresnillo's (LON:FRES) Returns On Capital Not Reflecting Well On The Business

CEO Compensation Analysis

How has Octavio Alvidrez's remuneration changed compared to Fresnillo's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

US$248m

Mar 31 2024n/an/a

US$241m

Dec 31 2023US$1mUS$1m

US$234m

Sep 30 2023n/an/a

US$227m

Jun 30 2023n/an/a

US$219m

Mar 31 2023n/an/a

US$246m

Dec 31 2022US$916kUS$921k

US$272m

Sep 30 2022n/an/a

US$254m

Jun 30 2022n/an/a

US$236m

Mar 31 2022n/an/a

US$329m

Dec 31 2021US$975kUS$869k

US$421m

Sep 30 2021n/an/a

US$516m

Jun 30 2021n/an/a

US$612m

Mar 31 2021n/an/a

US$493m

Dec 31 2020US$939kUS$736k

US$374m

Sep 30 2020n/an/a

US$286m

Jun 30 2020n/an/a

US$198m

Mar 31 2020n/an/a

US$201m

Dec 31 2019US$1mUS$871k

US$204m

Sep 30 2019n/an/a

US$197m

Jun 30 2019n/an/a

US$190m

Mar 31 2019n/an/a

US$270m

Dec 31 2018US$886kUS$830k

US$350m

Sep 30 2018n/an/a

US$416m

Jun 30 2018n/an/a

US$482m

Mar 31 2018n/an/a

US$521m

Dec 31 2017US$1mUS$810k

US$561m

Compensation vs Market: Octavio's total compensation ($USD1.37M) is below average for companies of similar size in the UK market ($USD3.50M).

Compensation vs Earnings: Octavio's compensation has increased by more than 20% in the past year.

CEO

Octavio Alvidrez (59 yo)

12.3yrs

Tenure

US$1,370,000

Compensation

Mr. Octavio M. Alvidrez has been Chief Executive Officer of Fresnillo plc since August 15, 2012. Mr. Alvidrez has extensive experience within the mining industry having previously held the position of Gene...

Leadership Team

NamePositionTenureCompensationOwnership
Octavio Alvidrez
Chief Executive Officer12.3yrsUS$1.37mno data
Mario Arreguin
Chief Financial Officer16.7yrsno datano data
Tomas Iturriaga-Hidalgo
Chief Operating Officer4.1yrsno datano data
Gabriela Mayor
Head of Investor Relationsno datano datano data
Exequiel Rolón
Head of Sustainabilityno datano datano data
Guillermo Gastelum
Vice President of Exploration3.9yrsno datano data
Daniel Diezas
Chief Operating Officer of Northern Regionless than a yearno datano data
Gerardo Carreto
Company Secretary4.2yrsno datano data

4.1yrs

Average Tenure

Experienced Management: FRES's management team is considered experienced (4.1 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Charles Jacobs
Independent Non-Executive Director10.6yrsUS$122.00k0.00022%
£ 10.2k
Alejandro Bailleres Gual
Non-Independent Chairman12.7yrsUS$47.00kno data
Georgina Kessel Martinez
Independent Non Executive Director6.6yrsUS$54.00kno data
Arturo Fernandez Perez
Non-Independent Non-Executive Director16.7yrsUS$47.00kno data
Hector Rangel
Independent Non-Executive Director3.5yrsUS$47.00kno data
Fernando Ruiz Sahagun
Non-Independent Non-Executive Director16.7yrsUS$47.00k0.0041%
£ 189.4k
Victor Alberto Celorio
Independent Non-Executive Director8.6yrsUS$68.00kno data
Eduardo Cepeda Fernández
Non-Independent Non-Executive Director3.5yrsUS$47.00kno data
Judith Macgregor
Senior Independent Director7.6yrsUS$122.00kno data
Myriam De la Vega Arizpe
Independent Non-Executive Director4.6yrsUS$47.00kno data
Luz Ramírez Chávez
Independent Non-Executive Directorless than a yearno datano data
Rosa Vazquez
Independent Non-Executive Directorless than a yearno datano data

7.1yrs

Average Tenure

71yo

Average Age

Experienced Board: FRES's board of directors are considered experienced (7.1 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 01:16
End of Day Share Price 2024/12/19 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

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 here.

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 .

Analyst Sources

Fresnillo plc is covered by 36 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David Simon ButlerBarclays
Amos FletcherBarclays
Richard HatchBerenberg