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UPDC Real Estate Investment Trust (NGX:UPDCREIT)
Nigeria flag Nigeria · Delayed Price · Currency is NGN
14.40
+0.50 (3.60%)
At close: Sep 4, 2026

NGX:UPDCREIT Financials Overview

Millions NGN. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
3,6733,0202,5181,8941,6111,315
Revenue Growth
27.63%19.93%32.92%17.62%22.51%-41.49%
Net Income
4,9554,3354,6983,8031,677-4,480
Earnings Per Share
1.851.621.761.430.63-1.68
EPS Growth
6.39%-7.95%23.50%126.77%--

Cash & Debt
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
7,1495,7795,7703,7643,5834,213
Total Debt
25.223.7741.3637.7917.2114.68
Net Cash (Debt)
7,1245,7555,7283,7263,5664,198
Net Cash Growth
21.59%0.47%53.73%4.51%-15.06%-18.34%
Net Cash Per Share
2.672.162.151.401.341.57

Cash Flow & CapEx
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
-2,3542,1302,8641,0202,310
Free Cash Flow
-2,3542,1302,8641,0202,310
Free Cash Flow Growth
-10.50%-25.63%180.71%-55.82%-

Margins
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Margin
78.45%74.93%70.46%71.53%71.34%57.04%
Pretax Margin
134.90%143.56%186.57%200.74%104.12%-332.23%
Profit Margin
134.90%143.56%186.57%200.74%104.12%-340.81%

Dividends
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
0.5500.5500.5000.4100.3400.350
Dividend Per Share Growth
40.38%10.00%21.95%20.59%-2.86%-50.00%
Dividend Yield
4.35%8.55%11.57%8.09%15.85%11.68%

Valuation
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
7.784.252.844.494.77-
PS Ratio
10.466.105.309.024.979.03