Africa Israel Residences Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Micha Klein

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	4.4yrs
CEO ownership	n/a
Management average tenure	4.4yrs
Board average tenure	4.3yrs

Recent management updates

Recent updates

Is Africa Israel Residences (TLV:AFRE) Using Too Much Debt?

Sep 23

Optimistic Investors Push Africa Israel Residences Ltd (TLV:AFRE) Shares Up 26% But Growth Is Lacking

Jul 19

Africa Israel Residences' (TLV:AFRE) Anemic Earnings Might Be Worse Than You Think

May 24

If You Like EPS Growth Then Check Out Africa Israel Residences (TLV:AFRE) Before It's Too Late

Dec 04

Is Africa Israel Residences (TLV:AFRE) A Risky Investment?

Nov 04

Is Africa Israel Residences (TLV:AFRE) Using Too Much Debt?

Apr 03

Here's How We Evaluate Africa Israel Residences Ltd's (TLV:AFRE) Dividend

Mar 13

With A Return On Equity Of 9.5%, Has Africa Israel Residences Ltd's (TLV:AFRE) Management Done Well?

Feb 19

Africa Israel Residences (TLV:AFRE) Has Gifted Shareholders With A Fantastic 202% Total Return On Their Investment

Jan 24

What Kind Of Shareholders Own Africa Israel Residences Ltd (TLV:AFRE)?

Jan 02

What To Know Before Buying Africa Israel Residences Ltd (TLV:AFRE) For Its Dividend

Dec 12

Taking A Look At Africa Israel Residences Ltd's (TLV:AFRE) ROE

Nov 21

CEO Compensation Analysis

How has Micha Klein's remuneration changed compared to Africa Israel Residences's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	₪165m
Mar 31 2024	n/a	n/a	₪171m
Dec 31 2023	n/a	n/a	₪171m
Sep 30 2023	n/a	n/a	₪147m
Jun 30 2023	n/a	n/a	₪141m
Mar 31 2023	n/a	n/a	₪206m
Dec 31 2022	₪3m	₪2m	₪202m
Sep 30 2022	n/a	n/a	₪308m
Jun 30 2022	n/a	n/a	₪310m
Mar 31 2022	n/a	n/a	₪228m
Dec 31 2021	₪3m	₪2m	₪220m
Sep 30 2021	n/a	n/a	₪126m
Jun 30 2021	n/a	n/a	₪116m
Mar 31 2021	n/a	n/a	₪112m
Dec 31 2020	₪2m	₪2m	₪103m
Sep 30 2020	n/a	n/a	₪93m
Jun 30 2020	n/a	n/a	₪93m
Mar 31 2020	n/a	n/a	₪91m
Dec 31 2019	₪2m	₪1m	₪104m
Sep 30 2019	n/a	n/a	₪84m
Jun 30 2019	n/a	n/a	₪87m
Mar 31 2019	n/a	n/a	₪85m
Dec 31 2018	₪2m	₪1m	₪86m
Sep 30 2018	n/a	n/a	₪84m
Jun 30 2018	n/a	n/a	₪135m
Mar 31 2018	n/a	n/a	₪140m
Dec 31 2017	₪1m	₪1m	₪141m

Compensation vs Market: Insufficient data to establish whether Micha's total compensation is reasonable compared to companies of similar size in the IL market.

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

CEO

Micha Klein (51 yo)

4.4yrs

Tenure

₪3,349,000

Compensation

Mr. Michael Klein, also known as Micha, serves as Chief Executive Officer of Africa Israel Residences Ltd since June 1, 2020 and was its Deputy Chief Executive Officer since 2019 until June 1, 2020 and ser...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Michael Klein	Chief Executive Officer	4.4yrs	₪3.35m	no data
Aharon Frenkel	Chief Financial Officer	26.4yrs	₪1.63m	no data
Keren Daniel	Finance & Accounts Manager	no data	no data	no data
Tamir Lulu	Vice President Sales & Marketing	1.8yrs	no data	no data
Orit Klang	Head of Economist	no data	no data	no data
Ronit Eshed Levy	CEO of Africa Urban Renewal Ltd	21.9yrs	no data	no data
Yossi Ben Eliezer	Vice President of Engineering	3.3yrs	no data	no data

4.4yrs

Average Tenure

49.5yo

Average Age

Experienced Management: AFRE's management team is considered experienced (4.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Jacob Luxenburg	Chairman of the Board	4.8yrs	no data	no data
Yafit Gariani	Independent External Director	2.1yrs	no data	no data
Amir Tirosh	Director	4.8yrs	no data	no data
Eyal Palti	Director	3.7yrs	no data	no data
Israel Kort	Independent External Director	9yrs	₪167.00k	no data
Ariel Shapir	Deputy Chairman of the Board	4.3yrs	₪769.00k	no data
Daniela Yaron-Tzoller	Independent Director	4.3yrs	₪171.00k	no data
Amit Vassal	Director	1.9yrs	no data	no data

4.3yrs

Average Tenure

55.5yo

Average Age

Experienced Board: AFRE's board of directors are considered experienced (4.3 years average tenure).

Africa Israel Residences Management

Management criteria checks 3/4

Key information

Recent management updates

Africa Israel Residences Ltd, Annual General Meeting, Jan 07, 2024

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Recent updates

Is Africa Israel Residences (TLV:AFRE) Using Too Much Debt?

Second quarter 2024 earnings released

Optimistic Investors Push Africa Israel Residences Ltd (TLV:AFRE) Shares Up 26% But Growth Is Lacking

Upcoming dividend of ₪1.19 per share

Africa Israel Residences' (TLV:AFRE) Anemic Earnings Might Be Worse Than You Think

Full year 2023 earnings released

Now 20% undervalued

Upcoming dividend of ₪2.37 per share

Now 20% undervalued

Estimating The Intrinsic Value Of Africa Israel Residences Ltd (TLV:AFRE)

Now 21% undervalued

Now 22% undervalued

Now 21% undervalued

New minor risk - Earnings quality

Africa Israel Residences Ltd, Annual General Meeting, Jan 07, 2024

Third quarter 2023 earnings released: EPS: ₪2.63 (vs ₪2.20 in 3Q 2022)

Investor sentiment improves as stock rises 23%

Less than half of directors are independent

Investor sentiment deteriorates as stock falls 15%

New minor risk - Share price stability

Upcoming dividend of ₪1.74 per share at 3.2% yield

New minor risk - Profit margin trend

Second quarter 2023 earnings released: EPS: ₪3.17 (vs ₪8.30 in 2Q 2022)

Upcoming dividend of ₪1.42 per share at 3.5% yield

First quarter 2023 earnings released: EPS: ₪1.83 (vs ₪1.48 in 1Q 2022)

Investor sentiment improves as stock rises 17%

Investor sentiment deteriorates as stock falls 16%

Upcoming dividend of ₪1.42 per share at 4.0% yield

Full year 2022 earnings released: EPS: ₪15.94 (vs ₪17.38 in FY 2021)

Investor sentiment deteriorates as stock falls 15%

Third quarter 2022 earnings released: EPS: ₪2.20 (vs ₪2.38 in 3Q 2021)

Less than half of directors are independent

Second quarter 2022 earnings released: EPS: ₪8.30 (vs ₪1.85 in 2Q 2021)

Here's Why Africa Israel Residences (TLV:AFRE) Has Caught The Eye Of Investors

First quarter 2022 earnings released: EPS: ₪1.48 (vs ₪0.80 in 1Q 2021)

Less than half of directors are independent

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Africa Israel Residences (TLV:AFRE) Has A Somewhat Strained Balance Sheet

If You Like EPS Growth Then Check Out Africa Israel Residences (TLV:AFRE) Before It's Too Late

Third quarter 2021 earnings released: EPS ₪2.38 (vs ₪1.58 in 3Q 2020)

Is Africa Israel Residences (TLV:AFRE) A Risky Investment?

Second quarter 2021 earnings released: EPS ₪1.85 (vs ₪1.68 in 2Q 2020)

First quarter 2021 earnings released: EPS ₪0.80 (vs ₪0.06 in 1Q 2020)

Is Africa Israel Residences (TLV:AFRE) Using Too Much Debt?

Upcoming Dividend of ₪4.75 Per Share

Full year 2020 earnings released

Here's How We Evaluate Africa Israel Residences Ltd's (TLV:AFRE) Dividend

With A Return On Equity Of 9.5%, Has Africa Israel Residences Ltd's (TLV:AFRE) Management Done Well?

New 90-day high: ₪149

Africa Israel Residences (TLV:AFRE) Has Gifted Shareholders With A Fantastic 202% Total Return On Their Investment

New 90-day high: ₪147

What Kind Of Shareholders Own Africa Israel Residences Ltd (TLV:AFRE)?

New 90-day high: ₪129

Investor sentiment improved over the past week

New 90-day high: ₪120

What To Know Before Buying Africa Israel Residences Ltd (TLV:AFRE) For Its Dividend

Taking A Look At Africa Israel Residences Ltd's (TLV:AFRE) ROE

Third quarter 2020 earnings released: EPS ₪1.58

New 90-day high: ₪105

New 90-day high - ₪103

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age