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InvestoNGX Intelligence

UACN

Investo's verdict, shared with you

watchlow confidence12-month horizon

No fair value published

The derivation ran and was refused by our own plausibility checks. We publish no number rather than a plausible-looking one.

Why · 2 checks

  • The derivation failed our plausibility check

    The computed value landed outside the 0.4×–2.5× band that real price targets occupy. A result that far from the traded price means one of our inputs is wrong, not that the market is wrong by that much — so we publish nothing rather than clamp it into range.

  • A per-share input was repaired or refused

    One of the per-share figures behind this valuation did not agree with the audited totals it should reconcile to, so it was recomputed from those totals or rejected outright.

What we would need

  • A per-share input (earnings or book value) that reconciles to the latest audited totals.
  • A per-share figure in the source data that reconciles to the reported totals.
Show what the engine computed

Rejected figure · 55.46 floor — raw base ₦55.46 is 0.33x price. This figure is shown only to document what was refused; it is not an estimate and no upside is computed from it.

Method spread · 1.39× between the highest and lowest valuation leg.

Failed plausibility rail · Fair value hit the credibility rail: floor — raw base ₦55.46 is 0.33x price. The published base is the rail, not a derivation.

Input repaired · vendor EPS ₦0.29 is 0.09x our filing-derived ₦3.39 — one of the two earnings bases is wrong; the P/E leg is unreliable until resolved

Input quality · vendor EPS ₦0.29 is 0.09x our filing-derived ₦3.39 — one of the two earnings bases is wrong; the P/E leg is unreliable until resolved

Vendor cross-check · vendor eps 0.29 REJECTED — it neither reproduces the traded price via the vendor's own pe_ratio 26.18 nor agrees with our filing-derived EPS 3.39. Treat vendor EPS as unreliable for this name.

UACN trades at ₦170, implying a P/E of ~50x on filing-derived Q1-2026 annualised EPS of ₦3.39 and a P/B of ~7.1x on BVPS of ₦23.84 — both multiples are materially elevated versus the sector-median P/…

Verdict moderated to Watch — Avoid was refused

Fair value hit the credibility rail, so there is no defensible valuation behind an extreme call.

Source: NGX live market data · Investo intelligence. Educational only — not financial advice.

UACN — WATCH | Investo