UPDC Real Estate Investment Trust (NGX:UPDCREIT)

Nigeria · Delayed Price · Currency is NGN

14.40

+0.50 (3.60%)

At close: Sep 4, 2026

NGX:UPDCREIT Ratios and Metrics

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

Millions NGN. Fiscal year is Jan - Dec.

Total Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 3, 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	38,423	18,411	13,341	17,077	8,005	11,874
Market Cap Growth	88.24%	38.00%	-21.88%	113.33%	-32.58%	-19.09%
Enterprise Value	31,299	12,621	7,242	13,600	4,242	6,405
Last Close Price	14.40	6.43	4.32	5.07	2.14	3.00

Price Ratios

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 3, 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
PE Ratio	7.78	4.25	2.84	4.49	4.77	-
PS Ratio	10.46	6.10	5.30	9.02	4.97	9.03
PB Ratio	1.06	0.52	0.41	0.59	0.31	0.48
P/OCF Ratio	-	7.82	6.26	5.96	7.85	5.14

EV Ratios

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 3, 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
EV/Sales Ratio	8.52	4.18	2.88	7.18	2.63	4.87
EV/EBITDA Ratio	10.03	5.15	3.85	9.58	3.53	7.80
EV/EBIT Ratio	10.86	5.58	4.08	10.04	3.69	8.54

Financial Efficiency

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 3, 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
Debt / Equity Ratio	0.00	0.00	0.00	0.00	0.00	0.00
Debt / EBITDA Ratio	0.01	0.01	0.02	0.03	0.01	0.02
Net Debt / Equity Ratio	-0.20	-0.16	-0.18	-0.13	-0.14	-0.17
Net Debt / EBITDA Ratio	-2.29	-2.35	-3.05	-2.62	-2.97	-5.11
Asset Turnover	0.10	0.09	0.08	0.07	0.06	0.05
Quick Ratio	8.37	8.64	7.82	8.43	6.07	5.27
Current Ratio	8.39	8.69	7.89	8.50	6.11	5.30
Return on Equity (ROE)	14.34%	12.75%	15.28%	13.81%	6.57%	-16.05%
Return on Assets (ROA)	4.97%	4.06%	3.52%	3.01%	2.73%	1.62%
Return on Invested Capital (ROIC)	7.94%	6.65%	5.76%	4.92%	4.50%	2.68%

Yields

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 3, 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
Earnings Yield	12.90%	23.54%	35.21%	22.27%	20.95%	-37.73%
Dividend Yield	4.35%	8.55%	11.57%	8.09%	15.85%	11.68%
Payout Ratio	-	32.13%	23.86%	25.60%	28.82%	-
Total Shareholder Return	4.35%	8.55%	11.57%	8.09%	15.85%	11.68%