Rex Trueform Group Limited

JSE:RTN Stock Report

Market Cap: R284.7m

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 2.42 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 ZAR63.83M. The average tenure of the management team and the board of directors is 2 years and 7.2 years respectively.

Key information

Marcel Jonathan Golding

Chief executive officer

R1.1m

Total compensation

CEO salary percentage46.1%
CEO tenure2.4yrs
CEO ownership22.4%
Management average tenure2yrs
Board average tenure7.2yrs

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
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

Mar 31 2019n/an/a

R42m

Dec 31 2018n/an/a

R42m

Sep 30 2018n/an/a

R27m

Jun 30 2018R383kn/a

R13m

Compensation vs Market: Marcel Jonathan's total compensation ($USD57.54K) is below average for companies of similar size in the ZA market ($USD360.88K).

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


CEO

Marcel Jonathan Golding (64 yo)

2.4yrs

Tenure

R1,064,000

Compensation

Mr. Marcel Jonathan Anthony Golding 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 at Circumf...


Leadership Team

NamePositionTenureCompensationOwnership
Marcel Jonathan Golding
CEO & Director2.4yrsR1.06m22.42%
ZAR 63.8m
Catherine Lloyd
Executive Director3yrsR287.00k0.16%
ZAR 467.5k
Karly White
Financial Directorless than a yearno datano data
Anita Gihwala
Company Secretary1.6yrsno datano data

2.0yrs

Average Tenure

Experienced Management: RTN's management team is considered experienced (2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Marcel Jonathan Golding
CEO & Director8.3yrsR1.06m22.42%
ZAR 63.8m
Catherine Lloyd
Executive Director5.8yrsR287.00k0.16%
ZAR 467.5k
Patrick Naylor
Chairman & Lead Independent Non-Executive Director22yrsR489.00kno data
Hugh Roberts
Independent Non-Executive Director7.2yrsR259.00kno data
Bulelwa Ntshingwa
Independent Non-Executive Directorless than a yearR49.00kno data
Masedi Molosiwa
Independent Non-Executive Director7.2yrsR199.00kno data

7.2yrs

Average Tenure

62yo

Average Age

Experienced Board: RTN's board of directors are considered experienced (7.2 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/22 21:35
End of Day Share Price 2025/01/22 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

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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

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.

AnalystInstitution