PECO Stock Analysis: Phillips Edison | NASDAQ
REIT - Retail | NASDAQ, USA | Market Cap: 5.402m USD | 12M Return: 18.3% | US71844V2016 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 48.3M
EPS Trend: 78.0%
Qual. Beats: 0
Rev. Trend: 99.7%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 5.6 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 U.S. real estate investment trust (REIT) that owns and operates grocery-anchored neighborhood shopping centers. The company manages a national portfolio of well-occupied centers featuring a mix of national and regional retailers that provide necessity-based goods and services. Its top grocery anchors include Kroger, Publix, Albertsons, and Ahold Delhaize. As of June 30, 2026, PECO managed 330 shopping centers, including 302 wholly owned centers spanning roughly 33.9 million square feet across 31 states, along with 28 additional centers held through institutional joint ventures. The company is headquartered in Cincinnati, Ohio, and has been operating since its incorporation in 1991, going public in July 2021. As a Retail REIT, PECOs business model focuses on generating rental income from necessity-based retail tenants, which historically have demonstrated more stable foot traffic and occupancy compared to discretionary retail formats.
- Interest rate cuts compress cap rates and lower borrowing costs
- Grocery anchor tenant retention drives same-center NOI growth
- Acquisition pipeline and joint ventures accelerate external growth
| Net Income: 181.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.03 > 0.02 and ΔFCF/TA -0.82 > 1.0 |
| NWC/Revenue: -23.90% < 20% (prev -2.69%; Δ -21.21% < -1%) |
| CFO/TA 0.05 > 3% & CFO 348.1m > Net Income 181.7m |
| Net Debt (2.62b) to EBITDA (540.6m): 4.85 < 3 |
| Current Ratio: 0.05 > 1.5 & < 3 |
| Outstanding Shares: last fiscal year (138.9m) vs prev 1.52% < -2% |
| Gross Margin: 71.12% > 18% (prev 71.20%; Δ -0.08% > 0.5%) |
| Asset Turnover: 12.33% > 50% (prev 13.53%; Δ -1.19% > 0%) |
| Interest Coverage Ratio: 2.38 > 6 (EBIT TTM 277.4m / Interest Expense TTM 116.7m) |
| A: -0.03 (Total Current Assets 8.90m - Total Current Liabilities 190.9m) / Total Assets 7.08b |
| B: -0.19 (Retained Earnings -1.37b / Total Assets 7.08b) |
| C: 0.04 (EBIT TTM 277.4m / Avg Total Assets 6.17b) |
| D: 0.85 (Book Value of Equity 2.41b / Total Liabilities 2.85b) |
| Altman-Z'' = 0.39 = B |
As of November 02, 2026, the stock is trading at USD 38.83 with a total of 803,269 shares traded. Over the past week, the price has changed by +1.23%, over one month by +3.45%, over three months by -7.70% and over the past year by +18.31%.
Current recommended Stop Loss: 37.80 (which is 2.7% or 1.4 ATR below the current price).
Phillips Edison has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy PECO.
- StrongBuy: 7
- Buy: 0
- Hold: 7
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 43 | 10.7% |
P/E Trailing = 26.7063
P/E Forward = 65.7895
P/S = 7.0817
P/B = 2.0923
Revenue TTM = 761.3m USD
EBIT TTM = 277.4m USD
EBITDA TTM = 540.6m USD
Long Term Debt = 2.28b USD (from longTermDebt, last fiscal year)
Short Term Debt = 92.0m USD (from shortTermDebt, last fiscal year)
Debt = 2.63b USD (from shortLongTermDebtTotal, last fiscal year) + Leases 134.4m
Net Debt = 2.62b USD (calculated: Debt 2.63b - CCE 8.90m)
Enterprise Value = 8.02b USD (5.40b + Debt 2.63b - CCE 8.90m)
Interest Coverage Ratio = 2.38 (Ebit TTM 277.4m / Interest Expense TTM 116.7m)
EV/FCF = 37.83x (Enterprise Value 8.02b / FCF TTM 212.0m)
FCF Yield = 2.64% (FCF TTM 212.0m / Enterprise Value 8.02b)
FCF Margin = 27.85% (FCF TTM 212.0m / Revenue TTM 761.3m)
Net Margin = 23.86% (Net Income TTM 181.7m / Revenue TTM 761.3m)
Gross Margin = 71.12% ((Revenue TTM 761.3m - Cost of Revenue TTM 219.9m) / Revenue TTM)
Gross Margin QoQ = 71.76% (prev none%)
Tobins Q-Ratio = 1.13 (Enterprise Value 8.02b / Total Assets 7.08b)
Interest Expense / Debt = 4.44% (Interest Expense 116.7m / Debt 2.63b)
Taxrate = 1.05% (1.31m / 124.3m)
NOPAT = 274.5m (EBIT 277.4m * (1 - 1.05%))
Current Ratio = 0.05 (Total Current Assets 8.90m / Total Current Liabilities 190.9m)
Debt / Equity = 1.09 (Debt 2.63b / totalStockholderEquity, last quarter 2.41b)
Debt / EBITDA = 4.85 (Net Debt 2.62b / EBITDA 540.6m)
Debt / FCF = 12.35 (Net Debt 2.62b / FCF TTM 212.0m)
Total Stockholder Equity = 2.34b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.94% (Net Income 181.7m / Total Assets 7.08b)
RoE = 7.77% (Net Income TTM 181.7m / Total Stockholder Equity 2.34b)
RoCE = 6.00% (EBIT 277.4m / Capital Employed (Equity 2.34b + L.T.Debt 2.28b))
RoIC = 3.85% (NOPAT 274.5m / Invested Capital 7.13b)
WACC = 4.96% (E(5.40b)/V(8.03b) * Re(5.23%) + D(2.63b)/V(8.03b) * Rd(4.44%) * (1-Tc(0.01)))
Discount Rate = 5.23% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -47.49 | Cagr: -3.81%
[DCF] Terminal Value 76.14% ; FCFF base≈207.6m ; Y1≈218.0m ; Y5≈252.5m
[DCF] Fair Price = 9.88 (EV 3.89b - Net Debt 2.62b = Equity 1.27b / Shares 128.7m; r=8.35% [WACC [floored]]; 5y FCF grow 5.51% → 2.50% )
EPS Correlation: 77.99 | EPS CAGR: 45.43% | SUE: 0.47 | # QB: 0
Revenue Correlation: 99.68 | Revenue CAGR: 8.97% | SUE: 0.37 | # QB: 0
EPS current Quarter (2027-03-31): EPS=0.19 | Chg30d=+8.57% | Revisions=-40% | Analysts=1
EPS current Year (2026-12-31): EPS=0.84 | Chg30d=+0.33% | Revisions=+25% | GrowthEPS=+61.8% | GrowthRev=+4.3%
EPS next Year (2027-12-31): EPS=0.70 | Chg30d=+3.42% | Revisions=+25% | GrowthEPS=-17.0% | GrowthRev=+6.6%
[Analyst] Revisions Ratio: +0% (up=2, down=2)