Delta Property Fund Limited

JSE:DLT Stock Report

Market Cap: R135.7m

Delta Property Fund Management

Management criteria checks 1/4

Delta Property Fund's CEO is Bongi Masinga, appointed in Oct 2023, has a tenure of 1.17 years. directly owns 1.56% of the company’s shares, worth ZAR2.12M. The average tenure of the management team and the board of directors is 1.4 years and 1.4 years respectively.

Key information

Bongi Masinga

Chief executive officer

R4.5m

Total compensation

CEO salary percentagen/a
CEO tenure1.2yrs
CEO ownership1.6%
Management average tenure1.4yrs
Board average tenure1.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Bongi Masinga's remuneration changed compared to Delta Property Fund's earnings?
DateTotal CompensationSalaryCompany Earnings
Aug 31 2024n/an/a

-R104m

May 31 2024n/an/a

-R85m

Feb 29 2024R4mn/a

-R66m

Nov 30 2023n/an/a

-R210m

Aug 31 2023n/an/a

-R354m

May 31 2023n/an/a

-R541m

Feb 28 2023R3mR3m

-R728m

Nov 30 2022n/an/a

-R664m

Aug 31 2022n/an/a

-R600m

May 31 2022n/an/a

-R372m

Feb 28 2022R4mR4m

-R145m

Nov 30 2021n/an/a

-R180m

Aug 31 2021n/an/a

-R216m

May 31 2021n/an/a

-R335m

Feb 28 2021R6mR2m

-R454m

Compensation vs Market: Bongi's total compensation ($USD242.97K) is below average for companies of similar size in the ZA market ($USD374.79K).

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


CEO

Bongi Masinga (57 yo)

1.2yrs

Tenure

R4,452,000

Compensation

Mrs. Sibongile Masinga, also known as Bongi, BCom, serves as Chief Executive Officer at Delta Property Fund Limited from October 4, 2023. She is a Non-Executive Director at New Seasons Investment Holdings...


Leadership Team

NamePositionTenureCompensationOwnership
Sibongile Masinga
CEO & Executive Director1.2yrsR4.45m1.56%
ZAR 2.1m
Zwelifikile Mhlontlo
CFO & Executive Director1.4yrsR3.55mno data
On Tshabalala
Co-ownerno datano datano data
Nonhlanhla Nyathikazi
Human Resources Manager15.9yrsno datano data
Phil Harford
Head of Delta Property Managementno datano datano data
Tshepiso Manase
Financial Controller8yrsno datano data
Vasta Mhlongo
Company Secretary1.3yrsno datano data

1.4yrs

Average Tenure

57yo

Average Age

Experienced Management: DLT's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Sibongile Masinga
CEO & Executive Director4.4yrsR4.45m1.56%
ZAR 2.1m
Zwelifikile Mhlontlo
CFO & Executive Director1.4yrsR3.55mno data
Sindiswa Zilwa
Lead Independent Non-Executive Director1.5yrsR465.00kno data
Phumzile Langeni
Non-Executive Chairman of the Board4.4yrsR1.03m1.63%
ZAR 2.2m
Solly Mboweni
Independent Non-Executive Directorless than a yearno datano data
Brett Copans
Independent Non-Executive Directorless than a yearno datano data
Tshepo Matlala
Independent Non- Executive Directorless than a yearno datano data

1.4yrs

Average Tenure

55yo

Average Age

Experienced Board: DLT's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 02:31
End of Day Share Price 2024/12/20 00:00
Earnings2024/08/31
Annual Earnings2024/02/29

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

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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

Delta Property Fund Limited is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nazeem SamsodienMacquarie Research
Mahir HamdulayMacquarie Research
Ahmed MotaraRenaissance Capital