ArcelorMittal South Africa Limited

JSE:ACL Stock Report

Market Cap: R1.4b

ArcelorMittal South Africa Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Kobus Verster

Chief executive officer

R10.6m

Total compensation

CEO salary percentage93.6%
CEO tenure6.8yrs
CEO ownershipn/a
Management average tenure4yrs
Board average tenure6yrs

Recent management updates

Recent updates

Does ArcelorMittal South Africa (JSE:ACL) Have A Healthy Balance Sheet?

May 16
Does ArcelorMittal South Africa (JSE:ACL) Have A Healthy Balance Sheet?

Here's Why We Think ArcelorMittal South Africa (JSE:ACL) Might Deserve Your Attention Today

Sep 01
Here's Why We Think ArcelorMittal South Africa (JSE:ACL) Might Deserve Your Attention Today

ArcelorMittal South Africa Ltd Just Beat Revenue Estimates By 11%

Jul 31
ArcelorMittal South Africa Ltd Just Beat Revenue Estimates By 11%

Is ArcelorMittal South Africa (JSE:ACL) A Risky Investment?

Jun 14
Is ArcelorMittal South Africa (JSE:ACL) A Risky Investment?

One ArcelorMittal South Africa Ltd (JSE:ACL) Analyst Just Slashed Their 2021 Revenue Estimates

Aug 11
One ArcelorMittal South Africa Ltd (JSE:ACL) Analyst Just Slashed Their 2021 Revenue Estimates

We Think ArcelorMittal South Africa's (JSE:ACL) Healthy Earnings Might Be Conservative

Aug 05
We Think ArcelorMittal South Africa's (JSE:ACL) Healthy Earnings Might Be Conservative

New Forecasts: Here's What Analysts Think The Future Holds For ArcelorMittal South Africa Ltd (JSE:ACL)

Jul 28
New Forecasts: Here's What Analysts Think The Future Holds For ArcelorMittal South Africa Ltd (JSE:ACL)

ArcelorMittal South Africa (JSE:ACL) Has Debt But No Earnings; Should You Worry?

Apr 14
ArcelorMittal South Africa (JSE:ACL) Has Debt But No Earnings; Should You Worry?

Introducing ArcelorMittal South Africa (JSE:ACL), The Stock That Zoomed 145% In The Last Year

Feb 21
Introducing ArcelorMittal South Africa (JSE:ACL), The Stock That Zoomed 145% In The Last Year

ArcelorMittal South Africa (JSE:ACL) Has Debt But No Earnings; Should You Worry?

Dec 20
ArcelorMittal South Africa (JSE:ACL) Has Debt But No Earnings; Should You Worry?

CEO Compensation Analysis

How has Kobus Verster's remuneration changed compared to ArcelorMittal South Africa's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

-R5b

Mar 31 2024n/an/a

-R4b

Dec 31 2023R11mR10m

-R4b

Sep 30 2023n/an/a

-R2b

Jun 30 2023n/an/a

-R797m

Mar 31 2023n/an/a

R919m

Dec 31 2022R9mR9m

R3b

Sep 30 2022n/an/a

R5b

Jun 30 2022n/an/a

R7b

Mar 31 2022n/an/a

R7b

Dec 31 2021R9mR8m

R7b

Sep 30 2021n/an/a

R5b

Jun 30 2021n/an/a

R3b

Mar 31 2021n/an/a

R306m

Dec 31 2020R9mR7m

-R2b

Sep 30 2020n/an/a

-R4b

Jun 30 2020n/an/a

-R6b

Mar 31 2020n/an/a

-R5b

Dec 31 2019R11mR8m

-R5b

Jun 30 2019n/an/a

R2b

Mar 31 2019n/an/a

R2b

Dec 31 2018R13mR8m

R1b

Compensation vs Market: Kobus's total compensation ($USD578.12K) is above average for companies of similar size in the ZA market ($USD374.79K).

Compensation vs Earnings: Kobus's compensation has increased whilst the company is unprofitable.

CEO

Kobus Verster (58 yo)

6.8yrs

Tenure

R10,593,200

Compensation

Mr. Hendrik Jacobus Verster, also known as Kobus, has been Vice President of ArcelorMittal since 2018. He served as Chairman at McConnell Dowell Corporation Limited. He serves as Executive Director of Arce...

Leadership Team

NamePositionTenureCompensationOwnership
Hendrik Verster
CEO & Executive Director6.8yrsR10.59mno data
Gavin Griffiths
CFO, Chief Strategy Officer & Executive Director1.4yrsR3.71mno data
Mohamed Adam
General Counsel & CoSEC9.8yrsR3.85mno data
Tamsanqa Didiza
Chief Communication Officer5.4yrsR1.45mno data
Gaurav Nagpal
Chief Marketing Officerless than a yearR4.13mno data
Vusi Sampula
Chief Human Resources Officer1.5yrsR3.46mno data
Werner Venter
Chief Operations Officer of Long Products7.4yrsR3.25mno data
Jacques Kotze
Chief Operations Officer of Flat Products5.1yrsR3.91mno data
Hannes Nel
Chief Information Officer2.6yrsno datano data
Adinda Louw
Region Head of Internal Audit & SOx – Africano datano datano data
Cobus Muller
Senior Manager of Technology2.9yrsno datano data
Paul Fouche
Chief Executive Officer of Thabazimbi Iron Ore Mineno datano datano data

4.0yrs

Average Tenure

Experienced Management: ACL's management team is considered experienced (4 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Hendrik Verster
CEO & Executive Director6.8yrsR10.59mno data
Gavin Griffiths
CFO, Chief Strategy Officer & Executive Directorless than a yearR3.71mno data
Gert Gouws
Non-Executive Director7.1yrsR495.41k0.000030%
ZAR 434.7
Neville Nicolau
Independent Non-Executive Director9.3yrsR859.67k0.0090%
ZAR 130.0k
Bonang Mohale
Independent Non-Executive Chairman of the Board2.6yrsR1.80mno data
Dawn Earp
Independent Non-Executive Director3.4yrsR734.56kno data
Lungile Constance Cele
Independent Non-Executive Director8.9yrsR485.14kno data
Bradley L. Davey
Independent Non-Executive Director3.7yrsno datano data
Raman Karol
Non-Executive Director6yrsno datano data

6.0yrs

Average Tenure

62.5yo

Average Age

Experienced Board: ACL's board of directors are considered experienced (6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 01:03
End of Day Share Price 2024/12/20 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

ArcelorMittal South Africa Limited is covered by 13 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Wade NapierAvior Capital Markets
Caroline LearmonthBarclays
Brian MorganBNP Paribas Securities (Asia)