UPDC Real Estate Investment Trust is a real estate investment trust.
Price History & Performance
|Historical stock prices|
|Current Share Price||₦5.65|
|52 Week High||₦4.15|
|52 Week Low||₦6.00|
|1 Month Change||0.89%|
|3 Month Change||-5.83%|
|1 Year Change||48.68%|
|3 Year Change||-37.22%|
|5 Year Change||-43.50%|
|Change since IPO||-43.50%|
Recent News & Updates
|UPDCREIT||NG REITs||NG Market|
Return vs Industry: UPDCREIT exceeded the NG REITs industry which returned 35.4% over the past year.
Return vs Market: UPDCREIT exceeded the NG Market which returned 40.4% over the past year.
Stable Share Price: UPDCREIT is less volatile than 75% of NG stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: UPDCREIT's weekly volatility (2%) has been stable over the past year.
About the Company
UPDC Real Estate Investment Trust is a real estate investment trust. It invests in the real estate markets across Nigeria. UPDC Real Estate Investment Trust was formed on June 6, 2013 and is based in Nigeria.
UPDC Real Estate Investment Trust Fundamentals Summary
|UPDCREIT fundamental statistics|
Is UPDCREIT overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|UPDCREIT income statement (TTM)|
|Cost of Revenue||₦478.69m|
Last Reported Earnings
Dec 31, 2020
Next Earnings Date
|Earnings per share (EPS)||0.72|
|Net Profit Margin||90.07%|
How did UPDCREIT perform over the long term?See historical performance and comparison
11.7%Current Dividend Yield
Is UPDC Real Estate Investment Trust undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: UPDCREIT (NGN5.65) is trading above our estimate of fair value (NGN3.49)
Significantly Below Fair Value: UPDCREIT is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: UPDCREIT is good value based on its PE Ratio (7.8x) compared to the African REITs industry average (9.9x).
PE vs Market: UPDCREIT is poor value based on its PE Ratio (7.8x) compared to the NG market (7.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate UPDCREIT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: UPDCREIT is good value based on its PB Ratio (0.5x) compared to the XF REITs industry average (0.6x).
How is UPDC Real Estate Investment Trust forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 UPDC Real Estate Investment Trust 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.
How has UPDC Real Estate Investment Trust performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: UPDCREIT has high quality earnings.
Growing Profit Margin: UPDCREIT became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: UPDCREIT's earnings have declined by 7.8% per year over the past 5 years.
Accelerating Growth: UPDCREIT has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: UPDCREIT has become profitable in the last year, making it difficult to compare its past year earnings growth to the REITs industry (111.5%).
Return on Equity
High ROE: UPDCREIT's Return on Equity (6.3%) is considered low.
How is UPDC Real Estate Investment Trust's financial position?
Financial Position Analysis
Short Term Liabilities: UPDCREIT's short term assets (NGN5.4B) exceed its short term liabilities (NGN901.2M).
Long Term Liabilities: UPDCREIT's short term assets (NGN5.4B) exceed its long term liabilities (NGN207.6M).
Debt to Equity History and Analysis
Debt Level: UPDCREIT is debt free.
Reducing Debt: UPDCREIT has not had any debt for past 5 years.
Debt Coverage: UPDCREIT has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: UPDCREIT has no debt, therefore coverage of interest payments is not a concern.
What is UPDC Real Estate Investment Trust current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: UPDCREIT's dividend (11.68%) is higher than the bottom 25% of dividend payers in the NG market (3.28%).
High Dividend: UPDCREIT's dividend (11.68%) is in the top 25% of dividend payers in the NG market (7.27%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, UPDCREIT has been paying a dividend for less than 10 years.
Growing Dividend: UPDCREIT's dividend payments have increased, but the company has only paid a dividend for 7 years.
Current Payout to Shareholders
Dividend Coverage: UPDCREIT is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Mrs. Tope Omojokun is the Managing Director and Director of FSDH Asset Management Limited.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
UPDC Real Estate Investment Trust's employee growth, exchange listings and data sources
- Name: UPDC Real Estate Investment Trust
- Ticker: UPDCREIT
- Exchange: NGSE
- Founded: 2013
- Industry: Diversified REITs
- Sector: Real Estate
- Market Cap: ₦15.076b
- Shares outstanding: 2.67b
- UPDC Real Estate Investment Trust
- UAC House
- 8th Floor
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/21 21:04|
|End of Day Share Price||2021/10/21 00:00|
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.