African Rainbow Minerals Limited

JSE:ARI Stock Report

Market Cap: R29.8b

African Rainbow Minerals Management

Management criteria checks 4/4

African Rainbow Minerals' CEO is Velile Tobias, appointed in May 2023, has a tenure of 1.58 years. total yearly compensation is ZAR13.85M, comprised of 61.4% salary and 38.6% bonuses, including company stock and options. directly owns 0.01% of the company’s shares, worth ZAR3.02M. The average tenure of the management team and the board of directors is 10.4 years and 14.9 years respectively.

Key information

Velile Tobias

Chief executive officer

R13.8m

Total compensation

CEO salary percentage61.4%
CEO tenure1.6yrs
CEO ownership0.01%
Management average tenure10.4yrs
Board average tenure14.9yrs

Recent management updates

Recent updates

Is African Rainbow Minerals (JSE:ARI) Using Debt In A Risky Way?

Dec 10
Is African Rainbow Minerals (JSE:ARI) Using Debt In A Risky Way?

Returns On Capital Signal Tricky Times Ahead For African Rainbow Minerals (JSE:ARI)

Oct 08
Returns On Capital Signal Tricky Times Ahead For African Rainbow Minerals (JSE:ARI)

Some Investors May Be Willing To Look Past African Rainbow Minerals' (JSE:ARI) Soft Earnings

Sep 15
Some Investors May Be Willing To Look Past African Rainbow Minerals' (JSE:ARI) Soft Earnings

African Rainbow Minerals' (JSE:ARI) Dividend Will Be ZAR9.00

Sep 09
African Rainbow Minerals' (JSE:ARI) Dividend Will Be ZAR9.00

African Rainbow Minerals Limited's (JSE:ARI) Shares Not Telling The Full Story

Aug 20
African Rainbow Minerals Limited's (JSE:ARI) Shares Not Telling The Full Story

Returns On Capital Signal Tricky Times Ahead For African Rainbow Minerals (JSE:ARI)

Jun 03
Returns On Capital Signal Tricky Times Ahead For African Rainbow Minerals (JSE:ARI)

Here's Why African Rainbow Minerals (JSE:ARI) Can Manage Its Debt Responsibly

May 11
Here's Why African Rainbow Minerals (JSE:ARI) Can Manage Its Debt Responsibly

Market Might Still Lack Some Conviction On African Rainbow Minerals Limited (JSE:ARI) Even After 26% Share Price Boost

Apr 19
Market Might Still Lack Some Conviction On African Rainbow Minerals Limited (JSE:ARI) Even After 26% Share Price Boost

African Rainbow Minerals' (JSE:ARI) Soft Earnings Don't Show The Whole Picture

Mar 16
African Rainbow Minerals' (JSE:ARI) Soft Earnings Don't Show The Whole Picture

African Rainbow Minerals (JSE:ARI) Is Paying Out Less In Dividends Than Last Year

Mar 15
African Rainbow Minerals (JSE:ARI) Is Paying Out Less In Dividends Than Last Year

African Rainbow Minerals (JSE:ARI) Might Have The Makings Of A Multi-Bagger

Feb 06
African Rainbow Minerals (JSE:ARI) Might Have The Makings Of A Multi-Bagger

African Rainbow Minerals Limited's (JSE:ARI) Low P/E No Reason For Excitement

Dec 29
African Rainbow Minerals Limited's (JSE:ARI) Low P/E No Reason For Excitement

African Rainbow Minerals (JSE:ARI) Is Doing The Right Things To Multiply Its Share Price

Sep 26
African Rainbow Minerals (JSE:ARI) Is Doing The Right Things To Multiply Its Share Price

Here's Why African Rainbow Minerals (JSE:ARI) Can Manage Its Debt Responsibly

Sep 05
Here's Why African Rainbow Minerals (JSE:ARI) Can Manage Its Debt Responsibly

Returns On Capital Are Showing Encouraging Signs At African Rainbow Minerals (JSE:ARI)

Jun 22
Returns On Capital Are Showing Encouraging Signs At African Rainbow Minerals (JSE:ARI)

If EPS Growth Is Important To You, African Rainbow Minerals (JSE:ARI) Presents An Opportunity

Apr 18
If EPS Growth Is Important To You, African Rainbow Minerals (JSE:ARI) Presents An Opportunity

Is African Rainbow Minerals (JSE:ARI) A Risky Investment?

Apr 04
Is African Rainbow Minerals (JSE:ARI) A Risky Investment?

African Rainbow Minerals (JSE:ARI) Is Looking To Continue Growing Its Returns On Capital

Mar 09
African Rainbow Minerals (JSE:ARI) Is Looking To Continue Growing Its Returns On Capital

These 4 Measures Indicate That African Rainbow Minerals (JSE:ARI) Is Using Debt Reasonably Well

Dec 25
These 4 Measures Indicate That African Rainbow Minerals (JSE:ARI) Is Using Debt Reasonably Well

Investors Will Want African Rainbow Minerals' (JSE:ARI) Growth In ROCE To Persist

Nov 08
Investors Will Want African Rainbow Minerals' (JSE:ARI) Growth In ROCE To Persist

Analysts Just Made A Major Revision To Their African Rainbow Minerals Limited (JSE:ARI) Revenue Forecasts

Sep 15
Analysts Just Made A Major Revision To Their African Rainbow Minerals Limited (JSE:ARI) Revenue Forecasts

Estimating The Fair Value Of African Rainbow Minerals Limited (JSE:ARI)

Sep 07
Estimating The Fair Value Of African Rainbow Minerals Limited (JSE:ARI)

African Rainbow Minerals (JSE:ARI) Is Doing The Right Things To Multiply Its Share Price

Aug 09
African Rainbow Minerals (JSE:ARI) Is Doing The Right Things To Multiply Its Share Price

Should You Be Adding African Rainbow Minerals (JSE:ARI) To Your Watchlist Today?

Jul 05
Should You Be Adding African Rainbow Minerals (JSE:ARI) To Your Watchlist Today?

There's Been No Shortage Of Growth Recently For African Rainbow Minerals' (JSE:ARI) Returns On Capital

May 04
There's Been No Shortage Of Growth Recently For African Rainbow Minerals' (JSE:ARI) Returns On Capital

African Rainbow Minerals (JSE:ARI) Seems To Use Debt Rather Sparingly

Apr 16
African Rainbow Minerals (JSE:ARI) Seems To Use Debt Rather Sparingly

Do African Rainbow Minerals's (JSE:ARI) Earnings Warrant Your Attention?

Mar 27
Do African Rainbow Minerals's (JSE:ARI) Earnings Warrant Your Attention?

African Rainbow Minerals (JSE:ARI) Is Investing Its Capital With Increasing Efficiency

Jan 27
African Rainbow Minerals (JSE:ARI) Is Investing Its Capital With Increasing Efficiency

African Rainbow Minerals (JSE:ARI) Seems To Use Debt Rather Sparingly

Dec 27
African Rainbow Minerals (JSE:ARI) Seems To Use Debt Rather Sparingly

We Take A Look At Why African Rainbow Minerals Limited's (JSE:ARI) CEO Has Earned Their Pay Packet

Nov 29
We Take A Look At Why African Rainbow Minerals Limited's (JSE:ARI) CEO Has Earned Their Pay Packet

If You Like EPS Growth Then Check Out African Rainbow Minerals (JSE:ARI) Before It's Too Late

Nov 14
If You Like EPS Growth Then Check Out African Rainbow Minerals (JSE:ARI) Before It's Too Late

Why We Like The Returns At African Rainbow Minerals (JSE:ARI)

Oct 17
Why We Like The Returns At African Rainbow Minerals (JSE:ARI)

CEO Compensation Analysis

How has Velile Tobias's remuneration changed compared to African Rainbow Minerals's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024R14mR9m

R3b

Mar 31 2024n/an/a

R4b

Dec 31 2023n/an/a

R5b

Sep 30 2023n/an/a

R6b

Jun 30 2023R16mR7m

R8b

Mar 31 2023n/an/a

R11b

Dec 31 2022n/an/a

R13b

Sep 30 2022n/an/a

R13b

Jun 30 2022R11mR4m

R12b

Compensation vs Market: Velile's total compensation ($USD755.81K) is about average for companies of similar size in the ZA market ($USD1.08M).

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

CEO

Velile Tobias (53 yo)

1.6yrs

Tenure

R13,849,000

Compensation

Mr. Velile Phillip Tobias, BSc (Mining Engineering), serves as Chief Executive Officer and Executive Director of African Rainbow Minerals Limited since May 1, 2023. He was Chief Operating Officer of Africa...

Leadership Team

NamePositionTenureCompensationOwnership
Patrice Motsepe
Executive Chairman21.6yrsR38.46mno data
Velile Tobias
CEO & Executive Director1.6yrsR13.85m0.010%
ZAR 3.0m
Tsundzukani T. Mhlanga
Finance Director & Executive Director4.2yrsR17.63m0.015%
ZAR 4.6m
André Joubert
Chief Executive of ARM Ferrous12.4yrsR21.20mno data
Hamilton Mkatshana
CEO of ARM Platinumno dataR16.26mno data
Mitesh Takoordeen
Chief Information Officerno datano datano data
Thabang Thlaku
Executive of Investor Relations & New Business Developmentno datano datano data
Princess Thwala
Group Executive of Compliance & Stakeholder Relationsno datano datano data
Lucas Moalusi
Group Executive of Legal4.9yrsno datano data
Busisiwe Mashiane
Group Executive of Human Resources10.4yrsno datano data
Derrick King
Senior Executive Finance-Corporate & Taxno datano datano data
Alyson D'Oyley
Group Company Secretary & Governance Officer15.4yrsno datano data

10.4yrs

Average Tenure

55yo

Average Age

Experienced Management: ARI's management team is seasoned and experienced (10.4 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Patrice Motsepe
Executive Chairman21.6yrsR38.46mno data
Velile Tobias
CEO & Executive Director1.6yrsR13.85m0.010%
ZAR 3.0m
Tsundzukani T. Mhlanga
Finance Director & Executive Director4.2yrsR17.63m0.015%
ZAR 4.6m
Anton Botha
Independent Non-Executive Director15.9yrsR1.76mno data
Frank Abbott
Independent Non-Executive Director20.9yrsR1.58mno data
Rejoice Simelane
Independent Non-Executive Director20.4yrsR1.95m0.00069%
ZAR 205.6k
Thomas Boardman
Independent Non-Executive Director13.8yrsR2.48mno data
Jan Steenkamp
Independent Non-Executive Director7.2yrsR1.27m0.13%
ZAR 38.9m
Alexander Maditsi
Independent Non-Executive Director20.9yrsR2.36mno data
Joaquim Chissano
Independent Non-Executive Director19.9yrsR2.06mno data
David Noko
Lead Independent Non-Executive Director7.2yrsR1.59mno data
Bongani Nqwababa
Independent Non Executive Director2.2yrsR1.36mno data

14.9yrs

Average Tenure

67yo

Average Age

Experienced Board: ARI's board of directors are seasoned and experienced ( 14.9 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 11:58
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

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

African Rainbow Minerals Limited is covered by 18 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ayan GhoshAvior Capital Markets
Caroline LearmonthBarclays
Brian MorganBNP Paribas Securities (Asia)