NGX:UPDCREIT Ratios and Metrics

Market cap in millions NGN. Fiscal year is January - December.

Millions NGN. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 18, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	20,412	18,411	13,341	17,077	8,005	11,874
Market Cap Growth	45.71%	38.00%	-21.88%	113.33%	-32.58%	-19.09%
Enterprise Value	14,597	12,621	7,242	13,600	4,242	6,405
Last Close Price	7.65	6.90	4.64	5.44	2.30	3.22
PE Ratio	9.15	8.25	2.84	4.49	4.77	-
PS Ratio	6.76	6.09	5.30	9.02	4.97	9.03
PB Ratio	0.61	0.55	0.41	0.59	0.31	0.48
P/OCF Ratio	8.73	7.88	6.25	5.96	7.85	5.14
EV/Sales Ratio	4.83	4.18	2.88	7.18	2.63	4.87
EV/EBITDA Ratio	6.05	5.25	3.85	9.58	3.53	7.80
EV/EBIT Ratio	6.44	5.57	4.08	10.04	3.69	8.54
Debt / Equity Ratio	0.00	0.00	0.00	0.00	0.00	0.00
Debt / EBITDA Ratio	0.02	0.02	0.02	0.03	0.01	0.02
Net Debt / Equity Ratio	-0.17	-0.17	-0.18	-0.13	-0.14	-0.17
Net Debt / EBITDA Ratio	-2.42	-2.42	-3.05	-2.62	-2.97	-5.11
Asset Turnover	0.09	0.09	0.08	0.07	0.06	0.05
Quick Ratio	8.76	8.76	7.82	8.43	6.07	5.27
Current Ratio	8.82	8.82	7.89	8.50	6.11	5.30
Return on Equity (ROE)	6.78%	6.78%	15.28%	13.81%	6.57%	-16.05%
Return on Assets (ROA)	4.19%	4.19%	3.52%	3.01%	2.73%	1.62%
Return on Invested Capital (ROIC)	6.84%	6.87%	5.76%	4.92%	4.50%	2.68%
Earnings Yield	10.93%	12.12%	35.21%	22.27%	20.95%	-37.73%
Dividend Yield	6.71%	-	10.78%	7.54%	14.77%	10.88%
Payout Ratio	62.40%	62.40%	23.86%	25.60%	28.82%	-
Total Shareholder Return	6.62%	-	10.78%	7.54%	14.77%	10.88%

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.