Shoprite Holdings Ltd

LUSE:SHOPRITE Stock Report

Market Cap: K244.3b

Shoprite Holdings Management

Management criteria checks 3/4

Shoprite Holdings' CEO is Pieter Engelbrecht, appointed in Jan 2017, has a tenure of 7.92 years. total yearly compensation is ZAR52.07M, comprised of 36.2% salary and 63.8% bonuses, including company stock and options. directly owns 0.099% of the company’s shares, worth ZMW243.01M. The average tenure of the management team and the board of directors is 6.4 years and 3.5 years respectively.

Key information

Pieter Engelbrecht

Chief executive officer

R52.1m

Total compensation

CEO salary percentage36.2%
CEO tenure7.9yrs
CEO ownership0.1%
Management average tenure6.4yrs
Board average tenure3.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Pieter Engelbrecht's remuneration changed compared to Shoprite Holdings's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024R52mR19m

R7b

Mar 31 2024n/an/a

R7b

Dec 31 2023n/an/a

R6b

Sep 30 2023n/an/a

R6b

Jul 02 2023R59mR18m

R6b

Jan 01 2023n/an/a

R6b

Oct 01 2022n/an/a

R6b

Jul 03 2022R48mR17m

R6b

Jan 02 2022n/an/a

R5b

Oct 02 2021n/an/a

R5b

Jul 04 2021R40mR16m

R5b

Dec 27 2020n/an/a

R4b

Sep 27 2020n/an/a

R4b

Jun 28 2020R35mR16m

R4b

Dec 29 2019n/an/a

R4b

Sep 29 2019n/an/a

R4b

Jun 30 2019R21mR16m

R4b

Mar 31 2019n/an/a

R4b

Dec 30 2018n/an/a

R4b

Sep 30 2018n/an/a

R5b

Jul 01 2018R31mR15m

R5b

Compensation vs Market: Pieter's total compensation ($USD2.79M) is above average for companies of similar size in the ZM market ($USD1.76M).

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


CEO

Pieter Engelbrecht (55 yo)

7.9yrs

Tenure

R52,070,000

Compensation

Mr. Pieter C. Engelbrecht, BCompt Hons CA(SA), has been the Chief Executive Officer and Executive Director of Shoprite Holdings Limited since January 1, 2017. Mr. Engelbrecht served as the Chief Operating...


Leadership Team

NamePositionTenureCompensationOwnership
Pieter Engelbrecht
CEO & Executive Director7.9yrsR52.07m0.099%
ZMW 243.0m
Anton de Bruyn
CFO & Executive Director6.4yrsR20.26m0.023%
ZMW 56.2m
Chris Shortt
Chief Technology Officerno datano datano data
Pieter du Preez
Chief Legal/Regulatory Officer16.2yrsno datano data
Joseph Brönn
Deputy Chief Executive Officer4.8yrsno datano data
Leeanne Goliath
Group Company Secretaryless than a yearno datano data

6.4yrs

Average Tenure

53yo

Average Age

Experienced Management: SHOPRITE's management team is seasoned and experienced (6.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Pieter Engelbrecht
CEO & Executive Director7.9yrsR52.07m0.099%
ZMW 243.0m
Anton de Bruyn
CFO & Executive Director6.4yrsR20.26m0.023%
ZMW 56.2m
Wendy Lucas-Bull
Independent Non-Executive Chairman4.2yrsR3.78mno data
Christoffel F. Wiese
Non-Executive Director45.9yrsR1.07m11.61%
ZMW 28.4b
Graham Dempster
Independent Non-Executive Director3.1yrsR938.00kno data
Paul Norman
Independent Non-Executive Director2.8yrsR838.00kno data
Marion Lesego Marole
Independent Non-Executive Director2.8yrsR687.00kno data
Peter Cooper
Independent Non-Executive Director3.3yrsR1.14mno data
Linda de Beer
Independent Non-Executive Director3.6yrsR1.17mno data
Nonkululeko Gobodo
Lead Independent Director3.6yrsR1.58mno data
Sipho Maseko
Independent Non-Executive Director1.5yrsR647.00kno data
Eileen Wilton
Independent Non-Executive Director3.3yrsR924.00kno data

3.5yrs

Average Tenure

63.5yo

Average Age

Experienced Board: SHOPRITE's board of directors are considered experienced (3.5 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 01:18
End of Day Share Price 2024/12/24 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

Shoprite Holdings Ltd is covered by 21 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Darren CohnAbsa Bank Limited
Daniel DiasArqaam Capital Research Offshore S.A.L.
Michael de NobregaAvior Capital Markets