The SPAR Group Ltd

JSE:SPP Stock Report

Market Cap: R28.9b

SPAR Group Management

Management criteria checks 2/4

SPAR Group's CEO is Angelo Swartz, appointed in Oct 2023, has a tenure of 1.17 years. total yearly compensation is ZAR16.05M, comprised of 59.6% salary and 40.4% bonuses, including company stock and options. directly owns 0.007% of the company’s shares, worth ZAR1.89M. The average tenure of the management team and the board of directors is 13.9 years and 1.6 years respectively.

Key information

Angelo Swartz

Chief executive officer

R16.0m

Total compensation

CEO salary percentage59.6%
CEO tenure1.2yrs
CEO ownership0.007%
Management average tenure13.9yrs
Board average tenure1.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Angelo Swartz's remuneration changed compared to SPAR Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024R16mR10m

R2b

Compensation vs Market: Angelo's total compensation ($USD875.66K) is about average for companies of similar size in the ZA market ($USD1.08M).

Compensation vs Earnings: Insufficient data to compare Angelo's compensation with company performance.

CEO

Angelo Swartz (42 yo)

1.2yrs

Tenure

R16,045,000

Compensation

Mr. Angelo P. Swartz is Group Chief Executive Officer and Executive Director of The SPAR Group Ltd from October 1, 2023. He serves as Chairman of SPAR Guild from September 1, 2023. He was Managing Director...

Leadership Team

NamePositionTenureCompensationOwnership
Angelo Swartz
Group CEO & Executive Director1.2yrsR16.05m0.0066%
ZAR 1.9m
Mark Godfrey
Group CFO & Executive Director14.9yrsR13.17m0.044%
ZAR 12.7m
Megan Pydigadu
Group COO & Executive Director1.1yrsR14.22mno data
Mike Prentice
Group Marketing Executive17.9yrsno datano data
Thulisile Tabudi
Group Human Resources Executive17.1yrsno datano data
Kevin O'Brien
Group Chief ESG Officerno datano datano data
Robert Philipson
Chief Executive Officer of Switzerland & Poland18.9yrsno datano data
Desmond Borrageiro
Managing Director of SPAR South Rand Division12.9yrsno datano data
Leo Crawford
Chief Executive Officer of Ireland & South West Englandno datano datano data
Jeremy Colin Nicol
Managing Director of S Buys Divisionno datano datano data
Max Oliva
Chief Executive Officer of Southern Africano datano datano data
Rob Lister
Managing Director of Build IT Division5.2yrsno datano data

13.9yrs

Average Tenure

55.5yo

Average Age

Experienced Management: SPP's management team is seasoned and experienced (13.9 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Angelo Swartz
Group CEO & Executive Director1.2yrsR16.05m0.0066%
ZAR 1.9m
Mark Godfrey
Group CFO & Executive Director14.2yrsR13.17m0.044%
ZAR 12.7m
Megan Pydigadu
Group COO & Executive Director1.1yrsR14.22mno data
Elizabeth Botha
Independent Non-Executive Directorless than a yearR765.00kno data
Michael Bosman
Independent Non-Executive Chairman2yrsR6.14mno data
Shirley Zinn
Independent Deputy Chairperson1.9yrsR1.83mno data
Pedro Manuel Da Silva
Independent Non-Executive Director1.9yrsR1.91mno data
Olufunke Ighodaro
Independent Non-Executive Directorless than a yearR1.26mno data
Lwazi Koyana
Independent Non-Executive Director5.6yrsR1.34mno data
Sundeep Naran
Independent Non-Executive Director2.8yrsR1.05mno data
Gertrude Makhaya
Independent Non-Executive Director1.3yrsR957.00kno data
Marie Jamieson
Independent Non-Executive Directorless than a yearR566.00kno data

1.6yrs

Average Tenure

57.5yo

Average Age

Experienced Board: SPP's board of directors are not considered experienced ( 1.6 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 05:27
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/09/30

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

The SPAR Group Ltd is covered by 23 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
Darren CohnAbsa Bank Limited
Victor DimaArqaam Capital Research Offshore S.A.L.
Michael de NobregaAvior Capital Markets