ULDC

Union Land DevelopmentASE:ULDC Stock Report

Market Cap

د.أ109.4m

7D

4.8%

1Y

84.4%

Updated

16 Sep, 2021

Data

Company Financials
ULDC fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

ULDC Overview

Union Land Development Co. P.L.C, together with its subsidiaries, engages in the real estate development and investment business in Jordan.

Price History & Performance

Summary of all time highs, changes and price drops for Union Land Development
Historical stock prices
Current Share Priceد.أ2.60
52 Week Highد.أ1.19
52 Week Lowد.أ2.62
Beta0.37
1 Month Change41.30%
3 Month Change58.54%
1 Year Change84.40%
3 Year Change66.67%
5 Year Change4.84%
Change since IPO182.61%

Recent News & Updates

Shareholder Returns

ULDCJO Real EstateJO Market
7D4.8%0.2%-0.2%
1Y84.4%34.2%36.7%

Return vs Industry: ULDC exceeded the JO Real Estate industry which returned 34.2% over the past year.

Return vs Market: ULDC exceeded the JO Market which returned 36.7% over the past year.

Price Volatility

Is ULDC's price volatile compared to industry and market?
ULDC volatility
ULDC Beta0.37
Industry Beta0.53
Market Beta1

Stable Share Price: ULDC is more volatile than 75% of JO stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: ULDC's weekly volatility (6%) has been stable over the past year, but is still higher than 75% of JO stocks.

About the Company

FoundedEmployeesCEOWebsite
199519n/ahttps://www.uld-jo.com

Union Land Development Co. P.L.C, together with its subsidiaries, engages in the real estate development and investment business in Jordan. It operates through Investments Properties and Land Development segments. The company is also involved in architecture and contracting activities.

Valuation

Is Union Land Development undervalued compared to its fair value and its price relative to the market?

2.2x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: ULDC (JOD2.6) is trading above our estimate of fair value (JOD0.57)

Significantly Below Fair Value: ULDC is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: ULDC is unprofitable, so we can't compare its PE Ratio to the JO Real Estate industry average.

PE vs Market: ULDC is unprofitable, so we can't compare its PE Ratio to the JO market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ULDC's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ULDC is overvalued based on its PB Ratio (2.2x) compared to the JO Real Estate industry average (0.7x).


Future Growth

How is Union Land Development forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

16.7%

Forecasted Real Estate industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Union Land Development has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Union Land Development performed over the past 5 years?

-27.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ULDC is currently unprofitable.

Growing Profit Margin: ULDC is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ULDC is unprofitable, and losses have increased over the past 5 years at a rate of 27.2% per year.

Accelerating Growth: Unable to compare ULDC's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ULDC is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (-2.3%).


Return on Equity

High ROE: ULDC has a negative Return on Equity (-1.91%), as it is currently unprofitable.


Financial Health

How is Union Land Development's financial position?


Financial Position Analysis

Short Term Liabilities: ULDC's short term assets (JOD17.8M) exceed its short term liabilities (JOD7.6M).

Long Term Liabilities: ULDC's short term assets (JOD17.8M) exceed its long term liabilities (JOD12.9M).


Debt to Equity History and Analysis

Debt Level: ULDC's debt to equity ratio (30%) is considered satisfactory.

Reducing Debt: ULDC's debt to equity ratio has increased from 15.8% to 30% over the past 5 years.

Debt Coverage: ULDC's debt is well covered by operating cash flow (20%).

Interest Coverage: ULDC's interest payments on its debt are not well covered by EBIT (0.8x coverage).


Balance Sheet


Dividend

What is Union Land Development current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate ULDC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate ULDC's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if ULDC's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ULDC's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ULDC's dividend in 3 years as they are not forecast to pay a notable one for the JO market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

Union Land Development has no CEO, or we have no data on them.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Union Land Development Corp. plc's employee growth, exchange listings and data sources


Key Information

  • Name: Union Land Development Corp. plc
  • Ticker: ULDC
  • Exchange: ASE
  • Founded: 1995
  • Industry: Real Estate Operating Companies
  • Sector: Real Estate
  • Market Cap: د.أ109.369m
  • Shares outstanding: 42.07m
  • Website: https://www.uld-jo.com

Number of Employees


Location

  • Union Land Development Corp. plc
  • PO Box 926648
  • Amman
  • 11192
  • Jordan

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/16 15:29
End of Day Share Price2021/09/16 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.