(PECO) Phillips Edison - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US71844V2016

Shopping Centers, Grocery Anchors, Retail Space

Retail REITs
Market Cap in USD: 4,879m

IPO / Inception: 2021-07-15
12m vs SPY: -16.0%

EPS (Earnings per Share)

EPS CAGR: -46.55%
EPS Trend: 9.9%

Last SUE: -3.02
Qual. Beats: 0

Revenue

Rev. CAGR: 22.62%
Rev. Trend: 79.1%

Last SUE: 4.00
Qual. Beats: 1

Dividends

Dividend Yield	3.56%
Yield on Cost 5y	6.14%
Yield CAGR 5y	29.90%
Payout Consistency	100.0%
Payout Ratio	78.8%

Risk via 5d forecast
Volatility	17.7%
Value at Risk 5%th	28.4%
Relative Tail Risk	-2.59%

Reward TTM
Sharpe Ratio	-0.05
Alpha	-9.24
CAGR/Max DD	0.31

Character TTM
Hurst Exponent	0.391
Beta	0.406
Beta Downside	0.405

Drawdowns 3y
Max DD	17.39%
Mean DD	6.76%
Median DD	6.94%

Description: PECO Phillips Edison January 09, 2026

Phillips Edison & Company (NASDAQ: PECO) is a leading owner-operator of grocery-anchored neighborhood shopping centers, managing 328 properties (303 wholly owned) that total roughly 34 million sq ft across 31 states. Its portfolio is anchored by national grocery chains such as Kroger, Publix, Albertsons and Ahold Delhaize, and it emphasizes an omni-channel experience that blends physical retail with digital services.

Recent performance metrics show a reported occupancy of about 96% and a Funds-From-Operations (FFO) of $2.12 per share for Q3 2025, supporting a dividend yield near 6.5% and a net debt-to-FFO leverage ratio of roughly 0.6×. The REIT’s earnings are closely tied to macro-drivers like consumer inflation (which boosts grocery spend) and the broader retail-REIT sector’s sensitivity to interest-rate movements; however, grocery-anchored assets tend to be more resilient to e-commerce disruption due to the essential nature of food purchases.

If you want a deeper, data-driven look at PECO’s valuation and risk profile, ValueRay’s analytical tools can help you uncover the nuances.

Piotroski VR‑10 (Strict, 0-10) 3.0

Net Income (86.2m TTM) > 0 and > 6% of Revenue (6% = 49.4m TTM)

FCFTA 0.04 (>2.0%) and ΔFCFTA -1.15pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue -2.33% (prev -9.03%; Δ 6.71pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.06 (>3.0%) and CFO 336.1m > Net Income 86.2m (YES >=105%, WARN >=100%)

Net Debt (2.50b) to EBITDA (451.8m) ratio: 5.53 <= 3.0 (WARN <= 3.5)

Current Ratio 0.90 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (144.7m) change vs 12m ago 5.95% (target <= -2.0% for YES)

Gross Margin 75.11% (prev 71.22%; Δ 3.89pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 16.13% (prev 12.99%; Δ 3.14pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 1.87 (EBITDA TTM 451.8m / Interest Expense TTM 106.9m) >= 6 (WARN >= 3)

Altman Z'' -1.16

(A) -0.00 = (Total Current Assets 163.8m - Total Current Liabilities 183.0m) / Total Assets 5.26b

(B) -0.26 = Retained Earnings (Balance) -1.39b / Total Assets 5.26b

(D) -0.52 = Book Value of Equity -1.38b / Total Liabilities 2.68b

Total Rating: -1.16 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 60.42

1. Piotroski 3.0pt

2. FCF Yield 2.73%

3. FCF Margin 24.40%

4. Debt/Equity 1.10

5. Debt/Ebitda 5.53

6. ROIC - WACC (= -0.97)%

7. RoE 3.75%

8. Rev. Trend 79.11%

9. EPS Trend 9.88%

What is the price of PECO shares?

As of January 14, 2026, the stock is trading at USD 34.89 with a total of 968,889 shares traded.
Over the past week, the price has changed by +0.06%, over one month by -1.91%, over three months by +4.95% and over the past year by +1.43%.

Is PECO a buy, sell or hold?

Phillips Edison has received a consensus analysts rating of 3.82. Therefore, it is recommended to buy PECO.

Strong Buy: 4
Buy: 1
Hold: 6
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the PECO price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	39.7	13.7%
Analysts Target Price	39.7	13.7%
ValueRay Target Price	38	8.8%

PECO Fundamental Data Overview January 09, 2026

P/E Trailing = 53.3333
P/E Forward = 67.1141
P/S = 6.8549
P/B = 1.9441
Beta = 0.515
Revenue TTM = 823.6m USD
EBIT TTM = 200.2m USD
EBITDA TTM = 451.8m USD
Long Term Debt = 2.38b USD (from longTermDebt, last quarter)
Short Term Debt = 3.00m USD (from shortTermDebt, last quarter)
Debt = 2.50b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 2.50b USD (from netDebt column, last quarter)
Enterprise Value = 7.36b USD (4.88b + Debt 2.50b - CCE 20.3m)
Interest Coverage Ratio = 1.87 (Ebit TTM 200.2m / Interest Expense TTM 106.9m)
EV/FCF = 36.64x (Enterprise Value 7.36b / FCF TTM 200.9m)
FCF Yield = 2.73% (FCF TTM 200.9m / Enterprise Value 7.36b)
FCF Margin = 24.40% (FCF TTM 200.9m / Revenue TTM 823.6m)
Net Margin = 10.46% (Net Income TTM 86.2m / Revenue TTM 823.6m)
Gross Margin = 75.11% ((Revenue TTM 823.6m - Cost of Revenue TTM 205.0m) / Revenue TTM)
Gross Margin QoQ = 82.20% (prev 71.53%)
Tobins Q-Ratio = 1.40 (Enterprise Value 7.36b / Total Assets 5.26b)
Interest Expense / Debt = 1.14% (Interest Expense 28.5m / Debt 2.50b)
Taxrate = 1.21% (380.0k / 31.5m)
NOPAT = 197.8m (EBIT 200.2m * (1 - 1.21%))
Current Ratio = 0.90 (Total Current Assets 163.8m / Total Current Liabilities 183.0m)
Debt / Equity = 1.10 (Debt 2.50b / totalStockholderEquity, last quarter 2.28b)
Debt / EBITDA = 5.53 (Net Debt 2.50b / EBITDA 451.8m)
Debt / FCF = 12.43 (Net Debt 2.50b / FCF TTM 200.9m)
Total Stockholder Equity = 2.30b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.69% (Net Income 86.2m / Total Assets 5.26b)
RoE = 3.75% (Net Income TTM 86.2m / Total Stockholder Equity 2.30b)
RoCE = 4.28% (EBIT 200.2m / Capital Employed (Equity 2.30b + L.T.Debt 2.38b))
RoIC = 4.31% (NOPAT 197.8m / Invested Capital 4.59b)
WACC = 5.28% (E(4.88b)/V(7.38b) * Re(7.41%) + D(2.50b)/V(7.38b) * Rd(1.14%) * (1-Tc(0.01)))
Discount Rate = 7.41% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: 33.33 | Cagr: 8.45%
[DCF Debug] Terminal Value 86.63% ; FCFF base≈219.0m ; Y1≈225.7m ; Y5≈253.7m
Fair Price DCF = 40.09 (EV 7.54b - Net Debt 2.50b = Equity 5.04b / Shares 125.8m; r=5.90% [WACC]; 5y FCF grow 3.07% → 2.90% )
EPS Correlation: 9.88 | EPS CAGR: -46.55% | SUE: -3.02 | # QB: 0
Revenue Correlation: 79.11 | Revenue CAGR: 22.62% | SUE: 4.0 | # QB: 1
EPS next Quarter (2026-03-31): EPS=0.16 | Chg30d=+0.002 | Revisions Net=+1 | Analysts=2
EPS next Year (2026-12-31): EPS=0.68 | Chg30d=+0.010 | Revisions Net=+1 | Growth EPS=+11.2% | Growth Revenue=+5.6%

Additional Sources for PECO Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
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Fund Manager Positions: Dataroma | Stockcircle