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UPDC Plc

NGSE:UPDC Stock Report

Market Cap: ₦86.1b

UPDC (UPDC) Stock Overview

Develops, sells, and manages real estate assets in Nigeria. More details

UPDC fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends0/6

Rewards

Trading at 41.6% below our estimate of its fair value

Earnings grew by 49.3% over the past year

Risk Analysis

Volatile share price over the past 3 months compared to the NG market

Profit margins (5.3%) are lower than last year (7.7%)

Does not have a meaningful market cap (NGN86B)


UPDC Community Fair Values

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See what 9 others think this stock is worth. Follow their fair value or set your own to get alerts.

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UPDC
WA
WaneInvestmentHouse
WaneInvestmentHouse
Community Contributor

UPDC PLC Reports Significant Growth in Profit and Revenue for 2024

UPDC PLC has announced a remarkable 509% increase in profit after tax for the year ended December 31, 2024. The company's financial performance was driven by a 123% surge in revenue, which reached N11.93 billion, up from N5.34 billion in the previous year.
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₦3.00
FV
54.7% overvalued intrinsic discount
11.90%
Revenue growth p.a.
0users have liked this narrative
2users have commented on this narrative
5users have followed this narrative
5 months ago author updated this narrative
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UPDC Plc Competitors

Price History & Performance

Summary of share price highs, lows and changes for UPDC
Historical stock prices
Current Share Price₦4.64
52 Week High₦5.29
52 Week Low₦1.20
Beta-0.28
1 Month Change54.67%
3 Month Change54.67%
1 Year Change248.87%
3 Year Change274.19%
5 Year Change415.56%
Change since IPO215.22%

Recent News & Updates

Recent updates

Shareholder Returns

UPDCNG Real EstateNG Market
7D6.7%0.09%4.7%
1Y248.9%14.5%25.8%

Return vs Industry: UPDC exceeded the NG Real Estate industry which returned 14.1% over the past year.

Return vs Market: UPDC exceeded the NG Market which returned 25% over the past year.

Price Volatility

Is UPDC's price volatile compared to industry and market?
UPDC volatility
UPDC Average Weekly Movement10.2%
Real Estate Industry Average Movement5.1%
Market Average Movement7.7%
10% most volatile stocks in NG Market10.8%
10% least volatile stocks in NG Market5.0%

Stable Share Price: UPDC's share price has been volatile over the past 3 months compared to the NG market.

Volatility Over Time: UPDC's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of NG stocks.

About the Company

FoundedEmployeesCEOWebsite
1997282Odunayo Ojowww.updcplc.com

UPDC Plc, together with its subsidiaries, develops, sells, and manages real estate assets in Nigeria. The company operates in two segments, Property Development, Sales & Management; and Hospitality Services. It acquires, develops, sells, leases, and manages commercial and residential accommodation properties and retail spaces, as well as offers advisory services.

UPDC Plc Fundamentals Summary

How do UPDC's earnings and revenue compare to its market cap?
UPDC fundamental statistics
Market cap₦86.12b
Earnings (TTM)₦670.31m
Revenue (TTM)₦12.67b
128.5x
P/E Ratio
6.8x
P/S Ratio

Is UPDC overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
UPDC income statement (TTM)
Revenue₦12.67b
Cost of Revenue₦9.12b
Gross Profit₦3.55b
Other Expenses₦2.88b
Earnings₦670.31m

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)0.036
Gross Margin28.01%
Net Profit Margin5.29%
Debt/Equity Ratio32.6%

How did UPDC perform over the long term?

See historical performance and comparison

Dividends

0.2%
Current Dividend Yield
28%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/14 00:33
End of Day Share Price 2025/07/14 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

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.

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

UPDC Plc 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
null nullFSDH Merchant Bank Limited
Akinbamidele AkintolaRenaissance Capital