PECO Stock Analysis: Phillips Edison | NASDAQ
REIT - Retail | NASDAQ, USA | Market Cap: 5.998m USD | 12M Return: 30.5% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 35.4M
EPS Trend: 76.0%
Qual. Beats: 0
Rev. Trend: 99.7%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 5.4 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Phillips Edison & Company, Inc. (NASDAQ: PECO) is a retail REIT focused on owning and operating grocery-anchored neighborhood shopping centers across the United States. As a REIT in the Real Estate sector, the company primarily generates revenue through rental income from its properties, and is structured to distribute the majority of its taxable income to shareholders. Grocery-anchored centers of this type are generally considered to offer more stable occupancy than non-anchored retail, since grocery stores provide necessity-based goods that draw consistent foot traffic.
As of March 31, 2026, PECO managed 326 shopping centers, including 299 wholly owned properties totaling 33.7 million square feet across 31 states, plus 27 centers held through three institutional joint ventures. The portfolio features a mix of national and regional retailers, with major grocery anchors that include Kroger, Publix, Albertsons, and Ahold Delhaize. The company emphasizes a vertically integrated operating platform to support leasing, management, and tenant relationships across its national footprint.
Founded in 1991 and headquartered in Cincinnati, Ohio, PECO went public in July 2021 and operates with a focus on necessity-based retail in fundamentally strong markets. The company uses its investor relations website to disclose material information and comply with Regulation FD obligations.
- Grocery-anchored portfolio occupancy drives same-center NOI growth
- Acquisition pace of grocery-anchored centers expands national footprint
- Rising interest rates pressure cap rates and REIT valuations
| Net Income: 143.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.04 > 0.02 and ΔFCF/TA 0.08 > 1.0 |
| NWC/Revenue: -21.43% < 20% (prev -2.97%; Δ -18.47% < -1%) |
| CFO/TA 0.07 > 3% & CFO 365.1m > Net Income 143.7m |
| Net Debt (2.71b) to EBITDA (537.9m): 5.04 < 3 |
| Current Ratio: 0.16 > 1.5 & < 3 |
| Outstanding Shares: last quarter (125.0m) vs 12m ago -10.01% < -2% |
| Gross Margin: 71.00% > 18% (prev 71.26%; Δ -0.26% > 0.5%) |
| Asset Turnover: 14.03% > 50% (prev 13.18%; Δ 0.84% > 0%) |
| Interest Coverage Ratio: 2.35 > 6 (EBIT TTM 275.6m / Interest Expense TTM 117.1m) |
| A: -0.03 (Total Current Assets 30.0m - Total Current Liabilities 190.9m) / Total Assets 5.44b |
| B: -0.26 (Retained Earnings -1.39b / Total Assets 5.44b) |
| C: 0.05 (EBIT TTM 275.6m / Avg Total Assets 5.35b) |
| D: 0.86 (Book Value of Equity 2.37b / Total Liabilities 2.78b) |
| Altman-Z'' = 0.22 = B |
| DSRI: 0.44 (Receivables 61.6m/128.4m, Revenue 750.9m/694.6m) |
| GMI: 1.00 (GM 71.26% / 71.00%) |
| AQI: 0.07 (AQ_t 0.07 / AQ_t-1 0.97) |
| SGI: 1.08 (Revenue 750.9m / 694.6m) |
| TATA: -0.04 (NI 143.7m - CFO 365.1m) / TA 5.44b) |
| Beneish M = -3.98 (Cap -4..+1) = AAA |
As of August 03, 2026, the stock is trading at USD 42.49 with a total of 722,420 shares traded. Over the past week, the price has changed by -2.39%, over one month by +1.28%, over three months by +7.87% and over the past year by +30.53%.
Current recommended Stop Loss: 41.50 (which is 2.3% or 1.3 ATR below the current price).
Phillips Edison has received a consensus analysts rating of 3.82. Therefore, it is recommended to buy PECO.
- StrongBuy: 4
- Buy: 1
- Hold: 6
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 45.5 | 7% |
P/E Trailing = 37.2719
P/E Forward = 72.4638
P/S = 7.9884
P/B = 2.2977
Revenue TTM = 750.9m USD
EBIT TTM = 275.6m USD
EBITDA TTM = 537.9m USD
Long Term Debt = 2.31b USD (from longTermDebt, last quarter)
Short Term Debt = 142.0m USD (from shortLongTermDebt, last quarter)
Debt = 2.72b USD (from shortLongTermDebtTotal, last quarter) + Leases 134.4m
Net Debt = 2.71b USD (calculated: Debt 2.72b - CCE 7.13m)
Enterprise Value = 8.71b USD (6.00b + Debt 2.72b - CCE 7.13m)
Interest Coverage Ratio = 2.35 (Ebit TTM 275.6m / Interest Expense TTM 117.1m)
EV/FCF = 36.63x (Enterprise Value 8.71b / FCF TTM 237.8m)
FCF Yield = 2.73% (FCF TTM 237.8m / Enterprise Value 8.71b)
FCF Margin = 31.67% (FCF TTM 237.8m / Revenue TTM 750.9m)
Net Margin = 19.13% (Net Income TTM 143.7m / Revenue TTM 750.9m)
Gross Margin = 71.00% ((Revenue TTM 750.9m - Cost of Revenue TTM 217.8m) / Revenue TTM)
Gross Margin QoQ = none% (prev 3.01%)
Tobins Q-Ratio = 1.60 (Enterprise Value 8.71b / Total Assets 5.44b)
Interest Expense / Debt = 4.31% (Interest Expense 117.1m / Debt 2.72b)
Taxrate = 1.05% (1.31m / 124.3m)
NOPAT = 272.7m (EBIT 275.6m * (1 - 1.05%))
Current Ratio = 0.16 (Total Current Assets 30.0m / Total Current Liabilities 190.9m)
Debt / Equity = 1.15 (Debt 2.72b / totalStockholderEquity, last quarter 2.37b)
Debt / EBITDA = 5.04 (Net Debt 2.71b / EBITDA 537.9m)
Debt / FCF = 11.40 (Net Debt 2.71b / FCF TTM 237.8m)
Total Stockholder Equity = 2.30b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.68% (Net Income 143.7m / Total Assets 5.44b)
RoE = 6.24% (Net Income TTM 143.7m / Total Stockholder Equity 2.30b)
RoCE = 5.98% (EBIT 275.6m / Capital Employed (Equity 2.30b + L.T.Debt 2.31b))
RoIC = 5.12% (NOPAT 272.7m / Invested Capital 5.33b)
WACC = 5.42% (E(6.00b)/V(8.72b) * Re(5.95%) + D(2.72b)/V(8.72b) * Rd(4.31%) * (1-Tc(0.01)))
Discount Rate = 5.95% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 89.42 | Cagr: 1.98%
[DCF] Terminal Value 76.09% ; FCFF base≈233.2m ; Y1≈244.1m ; Y5≈281.0m
[DCF] Fair Price = 12.62 (EV 4.33b - Net Debt 2.71b = Equity 1.62b / Shares 128.4m; r=8.35% [WACC [floored]]; 5y FCF grow 5.12% → 2.50% )
EPS Correlation: 76.05 | EPS CAGR: 26.07% | SUE: 0.22 | # QB: 0
Revenue Correlation: 99.72 | Revenue CAGR: 9.01% | SUE: 0.11 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.16 | Chg30d=-11.16% | Revisions=+40% | Analysts=1
EPS current Year (2026-12-31): EPS=0.89 | Chg30d=+25.49% | Revisions=+25% | GrowthEPS=+70.5% | GrowthRev=+5.4%
EPS next Year (2027-12-31): EPS=0.71 | Chg30d=-7.83% | Revisions=+40% | GrowthEPS=-20.7% | GrowthRev=+5.8%
[Analyst] Revisions Ratio: +62% (up=5, down=0)