Boxer Retail Limited

JSE:BOX Stock Report

Market Cap: R37.8b

Boxer Retail Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Marek Masojada

Chief executive officer

R34.9m

Total compensation

CEO salary percentage19.77%
CEO tenure1.7yrs
CEO ownershipn/a
Management average tenure3.5yrs
Board average tenure1.7yrs

Recent management updates

Recent updates

Analysis Article • Jan 13

Boxer Retail (JSE:BOX) Looks To Prolong Its Impressive Returns

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article • Sep 26

There's Reason For Concern Over Boxer Retail Limited's (JSE:BOX) Price

Boxer Retail Limited's ( JSE:BOX ) price-to-earnings (or "P/E") ratio of 21x might make it look like a strong sell...
Analysis Article • Jun 26

Is Boxer Retail (JSE:BOX) Using Too Much Debt?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article • May 31

Unpleasant Surprises Could Be In Store For Boxer Retail Limited's (JSE:BOX) Shares

When close to half the companies in South Africa have price-to-earnings ratios (or "P/E's") below 8x, you may consider...

CEO Compensation Analysis

How has Marek Masojada's remuneration changed compared to Boxer Retail's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 01 2026R35mR7m

R2b

Dec 01 2025n/an/a

R1b

Aug 31 2025n/an/a

R1b

May 31 2025n/an/a

R1b

Mar 02 2025R19mR6m

R1b

Dec 02 2024n/an/a

R1b

Aug 25 2024n/an/a

R1b

May 25 2024n/an/a

R1b

Feb 25 2024R17mR5m

R1b

Compensation vs Market: Marek's total compensation ($USD2.12M) is about average for companies of similar size in the ZA market ($USD1.66M).

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

CEO

Marek Masojada (60 yo)

1.7yrs
Tenure
R34,900,000
Compensation

Mr. Marek Adam Masojada is CEO & Executive Director of Boxer Retail Ltd. from October 15, 2024. Mr. Masojada serves as Managing Director of Boxer at Pick n Pay Stores Limited.He joined the Boxer Retail Lt...

Leadership Team

NamePositionTenureCompensationOwnership
Marek Masojada
CEO & Executive Director1.7yrsR34.90mno data
David Wayne
CFO & Executive Director1.7yrsR16.60mno data
Chris Theron
Group Executive of Operations13.4yrsno datano data
Ian Bamber
Group Executive of Human Resources31.3yrsno datano data
Ntombi Dludla
Group Executive of Stakeholder Engagement & Sustainability5.4yrsno datano data
Vaughan Pierce
Company Secretary1.7yrsno datano data
3.5yrs
Average Tenure
58yo
Average Age

Experienced Management: BOX's management team is considered experienced (3.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Marek Masojada
CEO & Executive Director1.7yrsR34.90mno data
David Wayne
CFO & Executive Director1.7yrsR16.60mno data
Sean Summers
Non-Independent Non-Executive Chair1.8yrsR600.00kno data
Jesmane Boggenpoel
Independent Non-Executive Director1.7yrsR1.00mno data
Dineo Molefe
Independent Non-Executive Director1.7yrsR600.00kno data
Cindy Robertson
Independent Non-Executive Director1.7yrsR1.10mno data
James Formby
Non-Independent Non-Executive Director1.7yrsR1.80mno data
Charlotte Mary Chichi Maponya
Lead Independent Non-Executive Director1.7yrsR900.00kno data
1.7yrs
Average Tenure
54.5yo
Average Age

Experienced Board: BOX's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/27 03:35
End of Day Share Price 2026/06/26 00:00
Earnings2026/03/01
Annual Earnings2026/03/01

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.

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 Github.

Analyst Sources

Boxer Retail Limited is covered by 10 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Darren CohnAbsa Bank Limited
Michael de NobregaAvior Capital Markets
Michael JacksBofA Global Research