SA Corporate Real Estate Limited

JSE:SAC Stock Report

Market Cap: R7.3b

SA Real Estate Management

Management criteria checks 4/4

SA Real Estate's CEO is Terence Mackey, appointed in Jan 2015, has a tenure of 9.92 years. total yearly compensation is ZAR10.34M, comprised of 34.4% salary and 65.6% bonuses, including company stock and options. directly owns 1.05% of the company’s shares, worth ZAR76.47M. The average tenure of the management team and the board of directors is 3.8 years and 5.4 years respectively.

Key information

Terence Mackey

Chief executive officer

R10.3m

Total compensation

CEO salary percentage34.4%
CEO tenure9.9yrs
CEO ownership1.1%
Management average tenure3.8yrs
Board average tenure5.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Terence Mackey's remuneration changed compared to SA Real Estate's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

R1b

Mar 31 2024n/an/a

R1b

Dec 31 2023R10mR4m

R1b

Sep 30 2023n/an/a

R932m

Jun 30 2023n/an/a

R655m

Mar 31 2023n/an/a

R737m

Dec 31 2022R14mR3m

R819m

Sep 30 2022n/an/a

R868m

Jun 30 2022n/an/a

R917m

Mar 31 2022n/an/a

R769m

Dec 31 2021R6mR3m

R621m

Sep 30 2021n/an/a

R257m

Jun 30 2021n/an/a

-R106m

Mar 31 2021n/an/a

-R800m

Dec 31 2020R3mR3m

-R1b

Sep 30 2020n/an/a

-R1b

Jun 30 2020n/an/a

-R1b

Mar 31 2020n/an/a

-R490m

Dec 31 2019R5mR3m

R236m

Sep 30 2019n/an/a

R331m

Jun 30 2019n/an/a

R426m

Mar 31 2019n/an/a

R637m

Dec 31 2018R4mR2m

R848m

Compensation vs Market: Terence's total compensation ($USD548.26K) is below average for companies of similar size in the ZA market ($USD1.05M).

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


CEO

Terence Mackey (62 yo)

9.9yrs

Tenure

R10,336,000

Compensation

Mr. Terence Rory Mackey, BSc Eng, Postgrad Dip Eng, CPFA, Pr CPM, serves as Non-Executive Director at Real Estate Investments Zambia PLC since March 1, 2024. He serves as Non-Executive Director He is Chief...


Leadership Team

NamePositionTenureCompensationOwnership
Terence Mackey
CEO & Executive Director9.9yrsR10.34m1.05%
ZAR 76.5m
Sameshan Moodley
CFO & Executive Director2.8yrsR4.45m0.14%
ZAR 10.5m
Nomfundo Nomzamo Radebe
COO & Executive Director1.8yrsR3.23m0.088%
ZAR 6.4m
Samson Mojalefa
Head of Corporate Finance & Executive Director4.5yrsno datano data
Kevin van Heever
Managing Director of AFHCO Property Managementno datano datano data
Jacqui Grove
Group Company Secretary3.8yrsno datano data

3.8yrs

Average Tenure

46.5yo

Average Age

Experienced Management: SAC's management team is considered experienced (3.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Terence Mackey
CEO & Executive Director12.3yrsR10.34m1.05%
ZAR 76.5m
Sameshan Moodley
CFO & Executive Director2.8yrsR4.45m0.14%
ZAR 10.5m
Nomfundo Nomzamo Radebe
COO & Executive Director1.8yrsR3.23m0.088%
ZAR 6.4m
Samson Mojalefa
Head of Corporate Finance & Executive Directorless than a yearno datano data
Seapei Mafoyane
Independent Non Executive Director3.8yrsR462.00kno data
Naidene Ford-Hoon
Independent Non-Executive Director5.4yrsR681.00kno data
Emily Hendricks
Independent Non-Executive Director10.7yrsR392.00kno data
Mabotha Moloto
Independent Chairman10.4yrsR943.00k0.00097%
ZAR 70.4k
Oratile Mosetlhi
Lead Independent Non-Executive Director5.4yrsR700.00kno data
Gregory Heron
Independent Non-Executive Director5.4yrsR558.00kno data

5.4yrs

Average Tenure

49yo

Average Age

Experienced Board: SAC's board of directors are considered experienced (5.4 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/31 22:40
End of Day Share Price 2024/12/31 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

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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

SA Corporate Real Estate Limited is covered by 11 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Fayyaad AmienAbsa Bank Limited
Francois Du ToitAnchor Stockbrokers Proprietary Limited
Pranita DayaAnchor Stockbrokers Proprietary Limited