Megawide Construction Management
Management criteria checks 2/4
Megawide Construction's CEO is Edgar Saavedra, appointed in Jul 2004, has a tenure of 20.42 years. total yearly compensation is ₱90.50M, comprised of 57.8% salary and 42.2% bonuses, including company stock and options. directly owns 30.68% of the company’s shares, worth ₱1.50B. The average tenure of the management team and the board of directors is 6.3 years and 7.3 years respectively.
Key information
Edgar Saavedra
Chief executive officer
₱90.5m
Total compensation
| CEO salary percentage | 57.8% |
| CEO tenure | 20.4yrs |
| CEO ownership | 30.7% |
| Management average tenure | 6.3yrs |
| Board average tenure | 7.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | ₱96m |
| Jun 30 2024 | ₱91m | ₱52m | -₱93m |
Compensation vs Market: Edgar's total compensation ($USD1.56M) is above average for companies of similar size in the PH market ($USD3.09K).
Compensation vs Earnings: Insufficient data to compare Edgar's compensation with company performance.
CEO
Edgar Saavedra (49 yo)
20.4yrs
Tenure
₱90,500,000
Compensation
Engr. Edgar Bucoy Saavedra serves as Chairman of Citicore Energy REIT Corp. since May 25, 2021. He serves as Chairman of Citicore Renewable Energy Corporation. He has been the President at Megawide Constru...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 20.4yrs | ₱90.50m | 30.68% ₱ 1.5b | |
| Vice-Chairman | 7.3yrs | no data | 0% ₱ 0 | |
| Group Chief Financial Officer | less than a year | no data | no data | |
| Assistant Vice President of Operations | no data | no data | no data | |
| Chief Investment Officer & Director | 14.1yrs | no data | 0.93% ₱ 45.6m | |
| Corporate Secretary | less than a year | no data | no data | |
| Head of Investor Relations | less than a year | no data | no data | |
| Chief Legal Officer | 7.3yrs | no data | no data | |
| Chief Human Resources Officer | no data | no data | 0.0017% ₱ 85.1k | |
| Head of Business Development | 7.9yrs | no data | no data | |
| Executive Vice President of Business Units | no data | no data | no data | |
| Acting Chief Audit Executive | 3.7yrs | no data | 0.00037% ₱ 18.1k |
6.3yrs
Average Tenure
46yo
Average Age
Experienced Management: MWP2B's management team is seasoned and experienced (6.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 20.4yrs | ₱90.50m | 30.68% ₱ 1.5b | |
| Vice-Chairman | 7.3yrs | no data | 0% ₱ 0 | |
| Chief Investment Officer & Director | 8.3yrs | no data | 0.93% ₱ 45.6m | |
| Independent Director | 6.4yrs | no data | 0% ₱ 0 | |
| Independent Director | 7.3yrs | no data | 0% ₱ 0 | |
| Executive Director | 3.1yrs | no data | 0.017% ₱ 850.3k |
7.3yrs
Average Tenure
57yo
Average Age
Experienced Board: MWP2B's board of directors are considered experienced (7.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 22:38 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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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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
Megawide Construction Corporation is covered by 8 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.
| Analyst | Institution |
|---|---|
| Julian Vincent Roxas | BofA Global Research |
| Jose-Paolo Fontanilla | CLSA |
| Kervin Sisayan | COL Financial Group, Inc |