Rex Trueform Group Limited

JSE:RTN Stock Report

Market Cap: R279.3m

Rex Trueform Group Management

Management criteria checks 3/4

Rex Trueform Group's CEO is Marcel Jonathan Golding, appointed in Aug 2022, has a tenure of 2.92 years. total yearly compensation is ZAR1.06M, comprised of 46.1% salary and 53.9% bonuses, including company stock and options. directly owns 22.42% of the company’s shares, worth ZAR62.61M. The average tenure of the management team and the board of directors is 2.5 years and 7.7 years respectively.

Key information

Marcel Jonathan Golding

Chief executive officer

R1.1m

Total compensation

CEO salary percentage46.05%
CEO tenure2.9yrs
CEO ownership22.4%
Management average tenure2.5yrs
Board average tenure7.7yrs

Recent management updates

Recent updates

Market Cool On Rex Trueform Group Limited's (JSE:RTN) Revenues

Jan 17
Market Cool On Rex Trueform Group Limited's (JSE:RTN) Revenues

Benign Growth For Rex Trueform Group Limited (JSE:RTN) Underpins Stock's 28% Plummet

Jun 19
Benign Growth For Rex Trueform Group Limited (JSE:RTN) Underpins Stock's 28% Plummet

Rex Trueform Group's (JSE:RTN) Shareholders Have More To Worry About Than Only Soft Earnings

Apr 03
Rex Trueform Group's (JSE:RTN) Shareholders Have More To Worry About Than Only Soft Earnings

There Is A Reason Rex Trueform Group Limited's (JSE:RTN) Price Is Undemanding

Feb 20
There Is A Reason Rex Trueform Group Limited's (JSE:RTN) Price Is Undemanding

Should You Be Adding Rex Trueform Group (JSE:RTN) To Your Watchlist Today?

Mar 24
Should You Be Adding Rex Trueform Group (JSE:RTN) To Your Watchlist Today?

Rex Trueform Group (JSE:RTN) Has A Somewhat Strained Balance Sheet

Nov 22
Rex Trueform Group (JSE:RTN) Has A Somewhat Strained Balance Sheet

Estimating The Intrinsic Value Of Rex Trueform Group Limited (JSE:RTN)

Oct 01
Estimating The Intrinsic Value Of Rex Trueform Group Limited (JSE:RTN)

Is Rex Trueform Group (JSE:RTN) Weighed On By Its Debt Load?

Mar 29
Is Rex Trueform Group (JSE:RTN) Weighed On By Its Debt Load?

CEO Compensation Analysis

How has Marcel Jonathan Golding's remuneration changed compared to Rex Trueform Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2024n/an/a

-R1m

Sep 30 2024n/an/a

-R1m

Jun 30 2024R1mR490k

-R852k

Mar 31 2024n/an/a

R25m

Dec 31 2023n/an/a

R50m

Sep 30 2023n/an/a

R68m

Jun 30 2023R533kR489k

R86m

Mar 31 2023n/an/a

R92m

Dec 31 2022n/an/a

R92m

Sep 30 2022n/an/a

R76m

Jun 30 2022R466kn/a

R59m

Mar 31 2022n/an/a

R50m

Dec 31 2021n/an/a

R47m

Sep 30 2021n/an/a

R35m

Jun 30 2021R536kn/a

R23m

Dec 31 2020n/an/a

-R90m

Sep 30 2020n/an/a

-R81m

Jun 30 2020R396kn/a

-R73m

Mar 31 2020n/an/a

-R25m

Dec 31 2019n/an/a

R23m

Sep 30 2019n/an/a

R33m

Jun 30 2019R424kn/a

R43m

Compensation vs Market: Marcel Jonathan's total compensation ($USD59.41K) is below average for companies of similar size in the ZA market ($USD354.28K).

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


CEO

Marcel Jonathan Golding (65 yo)

2.9yrs
Tenure
R1,064,000
Compensation

Mr. Marcel Jonathan Anthony Golding, BA(Hons), is Co-owner of Geomer Investments (Pty) Ltd. He is Chief Executive Officer of African and Overseas Enterprises Limited since September 3, 2018. He is Co-Owner...


Leadership Team

NamePositionTenureCompensationOwnership
Marcel Jonathan Golding
CEO & Director2.9yrsR1.06m22.42%
ZAR 62.6m
Catherine Lloyd
Executive Director3.5yrsR287.00k0.16%
ZAR 458.6k
Karly White
Financial Directorless than a yearno datano data
Anita Gihwala
Company Secretary2.1yrsno datano data
2.5yrs
Average Tenure

Experienced Management: RTN's management team is considered experienced (2.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Marcel Jonathan Golding
CEO & Director8.8yrsR1.06m22.42%
ZAR 62.6m
Catherine Lloyd
Executive Director6.3yrsR287.00k0.16%
ZAR 458.6k
Patrick Naylor
Chairman & Lead Independent Non-Executive Director22.5yrsR489.00kno data
Hugh Roberts
Independent Non-Executive Director7.7yrsR259.00kno data
Bulelwa Ntshingwa
Independent Non-Executive Director1.3yrsR49.00kno data
Masedi Molosiwa
Independent Non-Executive Director7.7yrsR199.00kno data
7.7yrs
Average Tenure
63yo
Average Age

Experienced Board: RTN's board of directors are considered experienced (7.7 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/14 21:06
End of Day Share Price 2025/07/14 00:00
Earnings2024/12/31
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.

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 Github.

Analyst Sources

Rex Trueform Group 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.