Spear Reit Limited

JSE:SEA Stock Report

Market Cap: R2.6b

Spear Reit Management

Management criteria checks 3/4

Spear Reit's CEO is Quintin Rossi, appointed in May 2018, has a tenure of 6.58 years. total yearly compensation is ZAR9.05M, comprised of 37.5% salary and 62.5% bonuses, including company stock and options. directly owns 3.24% of the company’s shares, worth ZAR83.08M. The average tenure of the management team and the board of directors is 6.7 years and 8.4 years respectively.

Key information

Quintin Rossi

Chief executive officer

R9.0m

Total compensation

CEO salary percentage37.5%
CEO tenure6.6yrs
CEO ownership3.2%
Management average tenure6.7yrs
Board average tenure8.4yrs

Recent management updates

Recent updates

Read This Before Selling Spear Reit Limited (JSE:SEA) Shares

Mar 15
Read This Before Selling Spear Reit Limited (JSE:SEA) Shares

Spear Reit (JSE:SEA) Shareholders Received A Total Return Of Negative 24% In The Last Three Years

Jan 21
Spear Reit (JSE:SEA) Shareholders Received A Total Return Of Negative 24% In The Last Three Years

Michael Flax Is The Non-Executive Deputy Chairman of Spear Reit Limited (JSE:SEA) And They Just Picked Up 6.5% More Shares

Nov 27
Michael Flax Is The Non-Executive Deputy Chairman of Spear Reit Limited (JSE:SEA) And They Just Picked Up 6.5% More Shares

CEO Compensation Analysis

How has Quintin Rossi's remuneration changed compared to Spear Reit's earnings?
DateTotal CompensationSalaryCompany Earnings
Aug 31 2024n/an/a

R364m

May 31 2024n/an/a

R363m

Feb 29 2024R9mR3m

R363m

Nov 30 2023n/an/a

R281m

Aug 31 2023n/an/a

R200m

May 31 2023n/an/a

R191m

Feb 28 2023R11mR3m

R182m

Nov 30 2022n/an/a

R188m

Aug 31 2022n/an/a

R194m

May 31 2022n/an/a

R179m

Feb 28 2022n/an/a

R165m

Nov 30 2021n/an/a

R144m

Aug 31 2021n/an/a

R124m

May 31 2021n/an/a

R89m

Feb 28 2021R3mR2m

R53m

Nov 30 2020n/an/a

R115m

Aug 31 2020n/an/a

R178m

May 31 2020n/an/a

R193m

Feb 29 2020R3mR2m

R207m

Nov 30 2019n/an/a

R203m

Aug 31 2019n/an/a

R198m

May 31 2019n/an/a

R234m

Feb 28 2019R2mR2m

R270m

Nov 30 2018n/an/a

R311m

Aug 31 2018n/an/a

R351m

May 31 2018n/an/a

R367m

Feb 28 2018R2mR1m

R383m

Compensation vs Market: Quintin's total compensation ($USD493.85K) is above average for companies of similar size in the ZA market ($USD374.79K).

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

CEO

Quintin Rossi (42 yo)

6.6yrs

Tenure

R9,049,000

Compensation

Mr. Quintin Michael Rossi, BA (LAW) PGDEM, serves as Managing Director and Chief Executive Officer of Spear Reit Limited since May 17, 2018 and has been its Director November 18, 2015.

Leadership Team

NamePositionTenureCompensationOwnership
Quintin Rossi
CEO, MD & Director6.6yrsR9.05m3.24%
ZAR 83.1m
Christiaan Barnard
CFO & Executive Directorno dataR7.37m0.097%
ZAR 2.5m
Cliff Toerien
Chief Operating Officer6.8yrsno datano data
Kim Pfaff-Karg
Chief Investment Officer4.8yrsno data0.0037%
ZAR 96.0k
Per René Stober
Company Secretary8.3yrsno datano data

6.7yrs

Average Tenure

Experienced Management: SEA's management team is seasoned and experienced (6.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Quintin Rossi
CEO, MD & Director9.1yrsR9.05m3.24%
ZAR 83.1m
Christiaan Barnard
CFO & Executive Director8.4yrsR7.37m0.097%
ZAR 2.5m
Abubaker Varachhia
Non-executive Chairman8.7yrsR711.00k5.71%
ZAR 146.5m
Michael Flax
Non-Executive Deputy Chairman8.7yrsR699.00k6.42%
ZAR 164.8m
Brian Goldberg
Independent Non-Executive Director8.4yrsR390.00k0.50%
ZAR 12.9m
Jalaloodien Allie
Lead Independent Non-Executive Director8.4yrsR371.00k0.040%
ZAR 1.0m
Cormack Mccarthy
Non-Executive Director7.5yrsR350.00kno data
Rozett Phillips
Independent Non-Executive Director6.4yrsR324.00kno data
Bongani Raziya
Independent Non-Executive Director1.8yrsR385.00k1.87%
ZAR 48.0m

8.4yrs

Average Tenure

60yo

Average Age

Experienced Board: SEA's board of directors are considered experienced (8.4 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 01:36
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

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

Spear Reit Limited is covered by 2 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
Francois Du ToitAnchor Stockbrokers Proprietary Limited
Lwando NgubentombiAnchor Stockbrokers Proprietary Limited