UPDC
Investo's verdict, shared with you
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 · ₦0.90 — floor — raw base ₦0.90 is 0.24x 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 · 1.03× between the highest and lowest valuation leg.
Failed plausibility rail · Fair value hit the credibility rail: floor — raw base ₦0.90 is 0.24x price. The published base is the rail, not a derivation.
Input repaired · vendor EPS ₦0.05 is 0.46x our filing-derived ₦0.11 — one of the two earnings bases is wrong; the P/E leg is unreliable until resolved
Input quality · vendor EPS ₦0.05 is 0.46x our filing-derived ₦0.11 — one of the two earnings bases is wrong; the P/E leg is unreliable until resolved
UPDC Plc trades at ₦3.80 with a vendor-implied P/E of 79x and a P/B of 5.94x against peer-median multiples of 8.33x P/E and 1.38x P/B — a valuation premium that the company's Q1-2026 fundamentals (RO…
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.