PECO Stock Analysis: Phillips Edison | NASDAQ
REIT - Retail | NASDAQ, USA | Market Cap: 5.303m USD | 12M Return: 16.1% | US71844V2016 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 39.5M
EPS Trend: 76.0%
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: 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 October 05, 2026, the stock is trading at USD 37.76 with a total of 1,516,790 shares traded. Over the past week, the price has changed by +0.99%, over one month by -3.41%, over three months by -9.48% and over the past year by +16.09%.
Current recommended Stop Loss: 36.20 (which is 4.1% or 2.5 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 | 44.9 | 18.8% |
P/E Trailing = 32.886
P/E Forward = 65.7895
P/S = 7.0621
P/B = 1.9904
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 = 8.01b USD (5.30b + Debt 2.72b - CCE 7.13m)
Interest Coverage Ratio = 2.35 (Ebit TTM 275.6m / Interest Expense TTM 117.1m)
EV/FCF = 33.70x (Enterprise Value 8.01b / FCF TTM 237.8m)
FCF Yield = 2.97% (FCF TTM 237.8m / Enterprise Value 8.01b)
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 = 1.47 (Enterprise Value 8.01b / Total Assets 5.44b)
Interest Expense / Debt = 4.31% (Interest Expense 117.1m / Debt 2.72b)
Taxrate = 0.53% (242k / 45.5m)
NOPAT = 274.2m (EBIT 275.6m * (1 - 0.53%))
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 = 5.14% (NOPAT 274.2m / Invested Capital 5.33b)
WACC = 5.24% (E(5.30b)/V(8.02b) * Re(5.73%) + D(2.72b)/V(8.02b) * Rd(4.31%) * (1-Tc(0.01)))
Discount Rate = 5.73% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -47.49 | Cagr: -3.81%
[DCF] Terminal Value 76.09% ; FCFF base≈233.2m ; Y1≈244.1m ; Y5≈281.0m
[DCF] Fair Price = 12.60 (EV 4.33b - Net Debt 2.71b = Equity 1.62b / Shares 128.7m; 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=0.15 | Chg30d=-14.33% | Revisions=-40% | Analysts=2
EPS current Year (2026-12-31): EPS=0.84 | Chg30d=+18.68% | Revisions=+25% | GrowthEPS=+61.2% | GrowthRev=+4.5%
EPS next Year (2027-12-31): EPS=0.68 | Chg30d=-11.46% | Revisions=-40% | GrowthEPS=-19.4% | GrowthRev=+6.7%
[Analyst] Revisions Ratio: -38% (up=1, down=4)