Stor-Age Property REIT Limited

JSE:SSS Stock Report

Market Cap: R7.7b

Stor-Age Property REIT Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Gavin Lucas

Chief executive officer

R10.1m

Total compensation

CEO salary percentage33.6%
CEO tenure9.6yrs
CEO ownership1.6%
Management average tenureno data
Board average tenure5.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Gavin Lucas's remuneration changed compared to Stor-Age Property REIT's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

R1b

Jun 30 2024n/an/a

R957m

Mar 31 2024R10mR3m

R706m

Dec 31 2023n/an/a

R621m

Sep 30 2023n/an/a

R537m

Jun 30 2023n/an/a

R631m

Mar 31 2023R10mR3m

R725m

Dec 31 2022n/an/a

R949m

Sep 30 2022n/an/a

R1b

Jun 30 2022n/an/a

R1b

Mar 31 2022R6mR3m

R1b

Dec 31 2021n/an/a

R995m

Sep 30 2021n/an/a

R970m

Jun 30 2021n/an/a

R1b

Mar 31 2021R5mR2m

R1b

Dec 31 2020n/an/a

R838m

Sep 30 2020n/an/a

R484m

Jun 30 2020n/an/a

R294m

Mar 31 2020R2mR2m

R105m

Dec 31 2019n/an/a

R246m

Sep 30 2019n/an/a

R387m

Jun 30 2019n/an/a

R322m

Mar 31 2019R2mR2m

R258m

Dec 31 2018n/an/a

R405m

Sep 30 2018n/an/a

R552m

Jun 30 2018n/an/a

R564m

Mar 31 2018R1mR1m

R577m

Compensation vs Market: Gavin's total compensation ($USD551.32K) is below average for companies of similar size in the ZA market ($USD1.08M).

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

CEO

Gavin Lucas

9.6yrs

Tenure

R10,102,000

Compensation

Mr. Gavin Mark Lucas, CA(SA) serves as the Chief Executive Officer at Stor-Age Property REIT Limited and has been its Executive Director since May 25, 2015. Mr. Lucas founded the Stor-Age Group in 2005 and...

Board Members

NamePositionTenureCompensationOwnership
Gavin Lucas
CEO & Executive Director9.6yrsR10.10m1.6%
ZAR 122.2m
Stephen Lucas
CFO, Financial Director & Executive Director9.6yrsR10.10mno data
Steven Horton
Head of Property & Executive Director9.6yrsR10.10m0.76%
ZAR 57.9m
Mntungwa P. Morojele
Independent Non-Executive Director4.3yrsR546.00kno data
Abubaker Varachhia
Independent Non-Executive Director3.9yrsR504.00kno data
Graham Blackshaw
Non-Executive Chairman9.3yrsR840.00k0.18%
ZAR 14.1m
Alan Menigo
Independent Non-Executive Director1.9yrsR441.00kno data
Akua Koranteng
Independent Non-Executive Directorless than a yearno datano data
Kelly-Maree de Kock
Independent Non Executive Director6.6yrsR583.00k0.0038%
ZAR 291.6k
John A. Chapman
Lead Independent Non-Executive Director4.9yrsR441.00k0.12%
ZAR 9.1m

5.8yrs

Average Tenure

65yo

Average Age

Experienced Board: SSS's board of directors are considered experienced (5.8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 12:59
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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

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

Stor-Age Property REIT Limited is covered by 2 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
Mahir HamdulayAbsa Bank Limited
Sabena OmarAvior Capital Markets