Thungela Resources Limited

BMV:TGA N Stock Report

Market Cap: Mex$17.7b

Thungela Resources Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

July Ndlovu

Chief executive officer

R129.5m

Total compensation

CEO salary percentage5.9%
CEO tenure6.8yrs
CEO ownershipn/a
Management average tenure2.7yrs
Board average tenure2.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has July Ndlovu's remuneration changed compared to Thungela Resources's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2022R129mR8m

R17b

Sep 30 2022n/an/a

R16b

Jun 30 2022n/an/a

R15b

Mar 31 2022n/an/a

R11b

Dec 31 2021R75mR7m

R6b

Sep 30 2021n/an/a

R3b

Jun 30 2021n/an/a

R23m

Mar 31 2021n/an/a

-R153m

Dec 31 2020R26mR7m

-R330m

Compensation vs Market: July's total compensation ($USD6.97M) is above average for companies of similar size in the MX market ($USD622.63K).

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

CEO

July Ndlovu (57 yo)

6.8yrs

Tenure

R129,457,000

Compensation

Mr. July Ndlovu, BSc (Hons), MBL, CSEP, BLP, serves as Chief Executive Officer of Thungela Resources Limited and has been its Executive Director since September 1, 2016. Mr. Ndlovu served as Chief Executiv...

Leadership Team

NamePositionTenureCompensationOwnership
July Ndlovu
CEO & Executive Directorno dataR129.46mno data
Gideon Smith
CFO & Executive Director5.9yrsR66.75mno data
Johan Van Schalkwyk
Chief Operations Officerno dataR9.19mno data
Leslie Martin
Executive Head of Technicalno dataR8.07mno data
Bernard Dalton
Executive Head of Marketing2.2yrsR5.93mno data
Lesego Mataboge
Executive Head of Human Resourcesno dataR5.98mno data
Mpumi Sithole
Executive Head of Corporate Affairsno dataR6.06mno data
Carina Venter
Executive Head of Safety3.2yrsR5.77mno data
Daniel Klem
Company Secretary2.3yrsno datano data
Ryan Africa
Investor Relations Contactno datano datano data

2.7yrs

Average Tenure

50yo

Average Age

Experienced Management: TGA N's management team is considered experienced (2.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
July Ndlovu
CEO & Executive Director6.8yrsR129.46mno data
Gideon Smith
CFO & Executive Director5.9yrsR66.75mno data
Seamus French
Independent Non-Executive Director2yrsR1.04m0.019%
MX$ 3.4m
Thero Micarios Setiloane
Independent Non-Executive Director2.3yrsR1.10mno data
Sango Ntsaluba
Independent Non-Executive Chairman2.4yrsR1.57m0.0027%
MX$ 478.7k
Benjamin Kodisang
Independent Non-Executive Director2.3yrsR1.10mno data
Kholeka Mzondeki
Independent Non-Executive Director2.3yrsR1.18m0.00057%
MX$ 101.0k
Yoza Jekwa
Independent Non-Executive Directorless than a yearR268.16kno data

2.3yrs

Average Tenure

56.5yo

Average Age

Experienced Board: TGA N's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/06/13 12:35
End of Day Share Price 2023/03/16 00:00
Earnings2022/12/31
Annual Earnings2022/12/31

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

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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

Thungela Resources Limited is covered by 7 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ephrem RaviCitigroup Inc
Nkateko MathonsiInvestec Bank Limited (SA)
Brian MorganMorgan Stanley