UPDC Real Estate Investment Trust

NGSE:UPDCREIT Stock Report

Market Cap: ₦13.3b

UPDC Real Estate Investment Trust Past Earnings Performance

Past criteria checks 4/6

UPDC Real Estate Investment Trust has been growing earnings at an average annual rate of 22.7%, while the REITs industry saw earnings growing at 29.6% annually. Revenues have been declining at an average rate of 2.4% per year. UPDC Real Estate Investment Trust's return on equity is 15.1%, and it has net margins of 170.3%.

Key information

22.7%

Earnings growth rate

22.7%

EPS growth rate

REITs Industry Growth12.2%
Revenue growth rate-2.4%
Return on equity15.1%
Net Margin170.3%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How UPDC Real Estate Investment Trust makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NGSE:UPDCREIT Revenue, expenses and earnings (NGN Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 242,6644,5362400
31 Mar 241,9934,2232680
31 Dec 231,8943,8031970
30 Sep 231,8471,845770
30 Jun 231,7151,823160
31 Mar 231,6301,756290
31 Dec 221,6111,677870
30 Sep 221,246-4,6242620
30 Jun 221,381-4,5232470
31 Mar 221,356-4,4772150
31 Dec 211,315-4,4801910
30 Sep 212,0331,677-1100
30 Jun 211,9761,699-90
31 Mar 212,2081,79620
31 Dec 202,2471,93250
30 Sep 202,125-8021290
30 Jun 202,328-582820
31 Mar 202,346-501140
31 Dec 192,485-44980
30 Sep 191,3832,756460
30 Jun 191,3312,676460
31 Mar 191,3242,649460
31 Dec 181,2782,645450
30 Sep 182,3112,286530
31 Dec 172,1962,208740
30 Sep 172,2261,617640
31 Dec 162,0491,512640
31 Dec 152,9572,990540
30 Jun 152,4581,462450
31 Mar 152,3132,2611890
31 Dec 142,1673,0593340

Quality Earnings: UPDCREIT has a large one-off gain of NGN2.4B impacting its last 12 months of financial results to 30th September, 2024.

Growing Profit Margin: UPDCREIT's current net profit margins are higher than last year (99.9%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: UPDCREIT's earnings have grown significantly by 22.7% per year over the past 5 years.

Accelerating Growth: UPDCREIT's earnings growth over the past year (145.8%) exceeds its 5-year average (22.7% per year).

Earnings vs Industry: UPDCREIT earnings growth over the past year (145.8%) exceeded the REITs industry 82.2%.


Return on Equity

High ROE: UPDCREIT's Return on Equity (15.1%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 11:10
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

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 .

Analyst Sources

UPDC Real Estate Investment Trust is covered by 0 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.

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