Santam Ltd

JSE:SNT Stock Report

Market Cap: R43.4b

Santam Management

Management criteria checks 4/4

Santam's CEO is Tava Madzinga, appointed in Jul 2022, has a tenure of 2.42 years. total yearly compensation is ZAR17.34M, comprised of 43.1% salary and 56.9% bonuses, including company stock and options. directly owns 0.034% of the company’s shares, worth ZAR14.63M. The average tenure of the management team and the board of directors is 2.2 years and 3.5 years respectively.

Key information

Tava Madzinga

Chief executive officer

R17.3m

Total compensation

CEO salary percentage43.1%
CEO tenure2.4yrs
CEO ownership0.03%
Management average tenure2.2yrs
Board average tenure3.5yrs

Recent management updates

Recent updates

Santam Ltd's (JSE:SNT) Share Price Could Signal Some Risk

Dec 10
Santam Ltd's (JSE:SNT) Share Price Could Signal Some Risk

Santam (JSE:SNT) Will Pay A Dividend Of ZAR5.35

Sep 01
Santam (JSE:SNT) Will Pay A Dividend Of ZAR5.35

Santam Ltd's (JSE:SNT) Shareholders Might Be Looking For Exit

Jun 19
Santam Ltd's (JSE:SNT) Shareholders Might Be Looking For Exit

Should You Be Adding Santam (JSE:SNT) To Your Watchlist Today?

Apr 10
Should You Be Adding Santam (JSE:SNT) To Your Watchlist Today?

Santam (JSE:SNT) Will Pay A Dividend Of ZAR9.05

Mar 03
Santam (JSE:SNT) Will Pay A Dividend Of ZAR9.05

Santam Ltd's (JSE:SNT) Shares May Have Run Too Fast Too Soon

Dec 29
Santam Ltd's (JSE:SNT) Shares May Have Run Too Fast Too Soon

Is Now The Time To Put Santam (JSE:SNT) On Your Watchlist?

Oct 16
Is Now The Time To Put Santam (JSE:SNT) On Your Watchlist?

Santam's (JSE:SNT) Upcoming Dividend Will Be Larger Than Last Year's

Sep 22
Santam's (JSE:SNT) Upcoming Dividend Will Be Larger Than Last Year's

Santam (JSE:SNT) Is Paying Out A Larger Dividend Than Last Year

Sep 06
Santam (JSE:SNT) Is Paying Out A Larger Dividend Than Last Year

Santam Ltd's (JSE:SNT) Dismal Stock Performance Reflects Weak Fundamentals

Mar 19
Santam Ltd's (JSE:SNT) Dismal Stock Performance Reflects Weak Fundamentals

What Kind Of Shareholders Own Santam Ltd (JSE:SNT)?

Feb 18
What Kind Of Shareholders Own Santam Ltd (JSE:SNT)?

Did You Participate In Any Of Santam's (JSE:SNT) Respectable 86% Return?

Jan 28
Did You Participate In Any Of Santam's (JSE:SNT) Respectable 86% Return?

How Much Are Santam Ltd (JSE:SNT) Insiders Spending On Buying Shares?

Dec 21
How Much Are Santam Ltd (JSE:SNT) Insiders Spending On Buying Shares?

Should Weakness in Santam Ltd's (JSE:SNT) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?

Dec 02
Should Weakness in Santam Ltd's (JSE:SNT) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?

CEO Compensation Analysis

How has Tava Madzinga's remuneration changed compared to Santam's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

R3b

Mar 31 2024n/an/a

R3b

Dec 31 2023R17mR7m

R3b

Jun 30 2023n/an/a

R3b

Mar 31 2023n/an/a

R2b

Dec 31 2022R17mR5m

R2b

Compensation vs Market: Tava's total compensation ($USD921.59K) is about average for companies of similar size in the ZA market ($USD978.77K).

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

CEO

Tava Madzinga (46 yo)

2.4yrs

Tenure

R17,343,000

Compensation

Mr. Tavaziva Chadamoyo Madzinga, also known as Tava, serves as Group Managing Director at Britam Holdings Plc since February 01, 2021 and also serves as its Director since February 16, 2021. He has been an...

Leadership Team

NamePositionTenureCompensationOwnership
Tavaziva Madzinga
CEO & Executive Director2.4yrsR17.34m0.034%
ZAR 14.6m
Matthys Olivier
Group CFO1.4yrsR12.03m0.048%
ZAR 20.6m
Nomagugu Mtetwa
Chief Operating Officer1.9yrsR612.18kno data
Sam Nkosi
Chief Technology Officer1.9yrsno datano data
Thabiso Rulashe
Head of Investor Relations & Strategy1.9yrsno datano data
Tinyiko Ribisi-Termark
Chief Legal Officer3.9yrsno datano data
Norah Sehunoe
Executive Head of Human Resources1.9yrsno datano data
Quinten Matthew
Chief Commercial Officerno datano datano data
Steve Murphy
Head of Santam Reinsuranceno datano datano data
Karl Socikwa
Head of Market Development & Sustainability3.9yrsno datano data
Burton Naicker
Chief Executive Officer of MiWay3.9yrsno datano data
Andrew Coutts
Chief Executive Officer of Santam Broker Solutions3.9yrsno datano data

2.2yrs

Average Tenure

49yo

Average Age

Experienced Management: SNT's management team is considered experienced (2.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Tavaziva Madzinga
CEO & Executive Director2.7yrsR17.34m0.034%
ZAR 14.6m
Matthys Olivier
Group CFO1.4yrsR12.03m0.048%
ZAR 20.6m
Nombulelo Moholi
Independent Non-Executive Chairperson3.5yrsR1.55mno data
Lucia Swartz
Independent Non Executive Director1.5yrsR324.00kno data
Preston Speckmann
Independent Non-Executive Director7.8yrsR1.56mno data
Paul Hanratty
Non-Executive Director4.3yrsR677.00kno data
Monwabisi D. Fandeso
Lead Independent Non-Executive Director4.9yrsR1.86m0.0011%
ZAR 460.1k
Junior Ngulube
Independent Non-Executive Director6.7yrsR573.00k0.0045%
ZAR 2.0m
Abigail Mukhuba
Non-Independent & Non-Executive Director4.1yrsR615.00kno data
Makhenkodwa Mahlangeni
Non-Executive Director2yrsR649.00kno data
Caroline Da Silva
Independent Non-Executive Director3.5yrsR847.00kno data
Deborah E. Loxton
Independent Non-Executive Director3.5yrsR1.18mno data

3.5yrs

Average Tenure

63yo

Average Age

Experienced Board: SNT's board of directors are considered experienced (3.5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 00:16
End of Day Share Price 2024/12/30 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

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

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

Santam Ltd is covered by 13 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Warwick BamAvior Capital Markets
Robert RiceBarclays
Marius StrydomBofA Global Research