Heriot REIT Limited

JSE:HET Stock Report

Market Cap: R5.1b

Heriot REIT Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Richard Herring

Chief executive officer

R5.3m

Total compensation

CEO salary percentage81.3%
CEO tenure7.4yrs
CEO ownership4.4%
Management average tenureno data
Board average tenure2.8yrs

Recent management updates

We Take A Look At Whether Heriot REIT Limited's (JSE:HET) CEO May Be Underpaid

Nov 29
We Take A Look At Whether Heriot REIT Limited's (JSE:HET) CEO May Be Underpaid

Recent updates

We Take A Look At Whether Heriot REIT Limited's (JSE:HET) CEO May Be Underpaid

Nov 29
We Take A Look At Whether Heriot REIT Limited's (JSE:HET) CEO May Be Underpaid

Should You Be Concerned About Heriot REIT Limited's (JSE:HET) ROE?

Jan 14
Should You Be Concerned About Heriot REIT Limited's (JSE:HET) ROE?

CEO Compensation Analysis

How has Richard Herring's remuneration changed compared to Heriot REIT's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024R5mR4m

R665m

Mar 31 2024n/an/a

R821m

Dec 31 2023n/an/a

R978m

Sep 30 2023n/an/a

R971m

Jun 30 2023R5mR4m

R964m

Mar 31 2023n/an/a

R820m

Dec 31 2022n/an/a

R677m

Sep 30 2022n/an/a

R643m

Jun 30 2022R5mR4m

R610m

Mar 31 2022n/an/a

R511m

Dec 31 2021n/an/a

R411m

Sep 30 2021n/an/a

R362m

Jun 30 2021R5mR4m

R313m

Mar 31 2021n/an/a

R149m

Dec 31 2020n/an/a

-R15m

Sep 30 2020n/an/a

R34m

Jun 30 2020R5mR4m

R83m

Mar 31 2020n/an/a

R179m

Dec 31 2019n/an/a

R276m

Sep 30 2019n/an/a

R243m

Jun 30 2019R4mR4m

R209m

Jun 30 2018R3mR3m

R460m

Compensation vs Market: Richard's total compensation ($USD288.59K) is below average for companies of similar size in the ZA market ($USD702.58K).

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

CEO

Richard Herring (51 yo)

7.4yrs

Tenure

R5,340,000

Compensation

Mr. Richard Lawrence Herring serves as Chief Executive Officer at Heriot REIT Limited since August 18, 2018 and serves as its Executive Director. Mr. Herring is a qualified Chartered Accountant and served...

Board Members

NamePositionTenureCompensationOwnership
Richard Herring
CEO & Executive Directorno dataR5.34m4.45%
ZAR 227.1m
Daniel Snoyman
CFO & Directorno dataR2.88mno data
Andile Mazwai
Non-Executive Directorless than a yearno datano data
Robin Lockhart-Ross
Independent Non-Executive Director5.3yrsR323.00kno data
Steven Herring
Non-Executive Chairman7.8yrsR1.01m69.78%
ZAR 3.6b
Selwyn Blieden
Lead Independent Directorno dataR349.00kno data
Gregory Heron
Independent Non-Executive Directorless than a yearno datano data

2.8yrs

Average Tenure

52yo

Average Age

Experienced Board: HET's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/23 05:49
End of Day Share Price 2025/01/20 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

Heriot REIT Limited is covered by 0 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