| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
UPDC Overview
UACN Property Development Company Plc, together with its subsidiaries, acquires, develops, sells, leases, and manages commercial and residential accommodation and retail space in Nigeria.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₦1.85 |
| 52 Week High | ₦0.70 |
| 52 Week Low | ₦2.13 |
| Beta | 0.015 |
| 1 Month Change | 0% |
| 3 Month Change | 37.04% |
| 1 Year Change | 134.18% |
| 3 Year Change | 12.81% |
| 5 Year Change | -42.90% |
| Change since IPO | 25.68% |
Recent News & Updates
Shareholder Returns
| UPDC | NG Real Estate | NG Market | |
|---|---|---|---|
| 7D | -2.6% | -0.9% | 1.4% |
| 1Y | 134.2% | 34.2% | 41.3% |
Return vs Industry: UPDC exceeded the NG Real Estate industry which returned 32.1% over the past year.
Return vs Market: UPDC exceeded the NG Market which returned 40.4% over the past year.
Price Volatility
| UPDC volatility | |
|---|---|
| UPDC Beta | 0.015 |
| Industry Beta | 0.82 |
| Market Beta | 1 |
Stable Share Price: UPDC is more volatile than 90% of NG stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: UPDC's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of NG stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| n/a | 267 | Odunayo Ojo | https://www.updcplc.com |
UACN Property Development Company Plc, together with its subsidiaries, acquires, develops, sells, leases, and manages commercial and residential accommodation and retail space in Nigeria. The company operates through Property Development, Sales & Management; and Hospitality Services segments. It offers commercial and residential properties in the luxury, premium, and classic segments of the real estate market; and manages a hotel that provides services, such as sale of rooms, conference halls, and food and beverage services.
UACN Property Development Fundamentals Summary
| UPDC fundamental statistics | |
|---|---|
| Market Cap | ₦34.34b |
| Earnings (TTM) | -₦41.02m |
| Revenue (TTM) | ₦1.50b |
23.0x
P/S Ratio-837.1x
P/E RatioIs UPDC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| UPDC income statement (TTM) | |
|---|---|
| Revenue | ₦1.50b |
| Cost of Revenue | ₦1.63b |
| Gross Profit | -₦138.22m |
| Expenses | -₦97.19m |
| Earnings | -₦41.02m |
Last Reported Earnings
Mar 31, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.0022 |
| Gross Margin | -9.24% |
| Net Profit Margin | -2.74% |
| Debt/Equity Ratio | 58.6% |
How did UPDC perform over the long term?
See historical performance and comparisonValuation
Is UACN Property Development undervalued compared to its fair value and its price relative to the market?
3.7x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: UPDC (NGN1.85) is trading above our estimate of fair value (NGN0.8)
Significantly Below Fair Value: UPDC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: UPDC is unprofitable, so we can't compare its PE Ratio to the African Real Estate industry average.
PE vs Market: UPDC is unprofitable, so we can't compare its PE Ratio to the NG market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate UPDC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: UPDC is overvalued based on its PB Ratio (3.7x) compared to the XF Real Estate industry average (1x).
Future Growth
How is UACN Property Development forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
37.9%
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 UACN Property 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 UACN Property Development performed over the past 5 years?
-38.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: UPDC is currently unprofitable.
Growing Profit Margin: UPDC is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: UPDC is unprofitable, and losses have increased over the past 5 years at a rate of 38.1% per year.
Accelerating Growth: Unable to compare UPDC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: UPDC is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (-0.5%).
Return on Equity
High ROE: UPDC has a negative Return on Equity (-0.058%), as it is currently unprofitable.
Financial Health
How is UACN Property Development's financial position?
Financial Position Analysis
Short Term Liabilities: UPDC's short term assets (NGN19.4B) exceed its short term liabilities (NGN12.7B).
Long Term Liabilities: UPDC's short term assets (NGN19.4B) exceed its long term liabilities (NGN74.6M).
Debt to Equity History and Analysis
Debt Level: UPDC's debt to equity ratio (58.6%) is considered high.
Reducing Debt: UPDC's debt to equity ratio has reduced from 67.4% to 58.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable UPDC has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: UPDC is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 28% per year.
Dividend
What is UACN Property Development current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate UPDC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate UPDC'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 UPDC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if UPDC's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: UPDC is not paying a notable dividend for the NG market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of UPDC's dividend in 3 years as they are not forecast to pay a notable one for the NG market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
0.8yrs
Average management tenure
CEO
Odunayo Ojo
0.75
Tenure
Mr. Odunayo Ojo serves as Chief Executive Officer and Director at UACN Property Development Company Plc since 2021. He serves as Development Director of Laurus Development Partners Limited. Mr. Ojo has yea...
Leadership Team
Experienced Management: UPDC's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Board Members
Experienced Board: UPDC's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.
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
UACN Property Development Company Plc's employee growth, exchange listings and data sources
Key Information
- Name: UACN Property Development Company Plc
- Ticker: UPDC
- Exchange: NGSE
- Founded: NaN
- Industry: Diversified Real Estate Activities
- Sector: Real Estate
- Market Cap: ₦34.336b
- Shares outstanding: 18.56b
- Website: https://www.updcplc.com
Number of Employees
Location
- UACN Property Development Company Plc
- UAC House
- 1-5 Odunlami Street
- Lagos
- Nigeria
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/21 20:59 |
| End of Day Share Price | 2021/10/21 00:00 |
| Earnings | 2021/03/31 |
| Annual Earnings | 2020/12/31 |
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.