(PSTL) Postal Realty Trust - Overview
Sector: Real Estate | Industry: REIT - Office | Exchange: NYSE (USA) | Market Cap: 809m USD | Total Return: 70.5% in 12m
Avg Turnover: 7.90M
EPS Trend: 87.6%
Qual. Beats: 0
Rev. Trend: 99.5%
Qual. Beats: 1
Warnings
Earnings expected to drop: P/E 44.3 → Forward 113.6
Share dilution 17.6% YoY
Altman Z'' -0.10 < 1.0 - financial distress zone
Below Avwap Earnings
Tailwinds
Supp Ema20, Idiosyncratic Leader
Postal Realty Trust (NYSE: PSTL) is a real estate investment trust (REIT) focused on the acquisition and management of properties leased to the United States Postal Service (USPS). As the largest private owner of USPS facilities, the company manages a portfolio of mission-critical logistics infrastructure essential for e-commerce and last-mile delivery operations.
The business model relies on the creditworthiness of the U.S. federal government as the primary tenant, which historically results in high lease retention rates and stable cash flows. In the specialized niche of postal real estate, the USPS typically utilizes double-net or modified-gross leases, often resulting in lower capital expenditure requirements for the landlord compared to traditional retail or office sectors.
Investors can further examine these lease structures and valuation metrics on ValueRay. The company’s strategy targets the fragmented ownership of the over 30,000 postal properties across the United States to drive growth through consolidation.
- USPS lease renewal rates provide highly predictable long-term rental cash flows
- Federal government tenant credit profile mitigates default risks during economic downturns
- Strategic consolidation of fragmented postal property market drives portfolio acquisition growth
- Interest rate volatility impacts cost of capital for future property acquisitions
- Essential e-commerce logistics role supports sustained demand for last-mile postal facilities
| Net Income: 15.9m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.05 > 0.02 and ΔFCF/TA -0.53 > 1.0 |
| NWC/Revenue: 7.05% < 20% (prev -36.81%; Δ 43.86% < -1%) |
| CFO/TA 0.06 > 3% & CFO 44.6m > Net Income 15.9m |
| Net Debt (415.6m) to EBITDA (61.9m): 6.72 < 3 |
| Current Ratio: 14.49 > 1.5 & < 3 |
| Outstanding Shares: last quarter (27.3m) vs 12m ago 17.65% < -2% |
| Gross Margin: 75.40% > 18% (prev 0.76%; Δ 7.46k% > 0.5%) |
| Asset Turnover: 13.88% > 50% (prev 12.42%; Δ 1.46% > 0%) |
| Interest Coverage Ratio: 2.22 > 6 (EBITDA TTM 61.9m / Interest Expense TTM 16.7m) |
| A: 0.01 (Total Current Assets 7.61m - Total Current Liabilities 525k) / Total Assets 792.5m |
| B: -0.10 (Retained Earnings -77.2m / Total Assets 792.5m) |
| C: 0.05 (EBIT TTM 37.0m / Avg Total Assets 723.3m) |
| D: -0.18 (Book Value of Equity -75.0m / Total Liabilities 422.1m) |
| Altman-Z'' = -0.10 = B |
As of June 02, 2026, the stock is trading at USD 22.58 with a total of 415,462 shares traded.
Over the past week, the price has changed by -4.69%,
over one month by +2.95%,
over three months by +9.25% and
over the past year by +70.51%.
Postal Realty Trust has received a consensus analysts rating of 4.13. Therefore, it is recommended to buy PSTL.
- StrongBuy: 4
- Buy: 1
- Hold: 3
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 24.5 | 8.3% |
P/E Trailing = 44.3077
P/E Forward = 113.6364
P/S = 8.0631
P/B = 2.1806
Revenue TTM = 100.4m USD
EBIT TTM = 37.0m USD
EBITDA TTM = 61.9m USD
Long Term Debt = 337.1m USD (from longTermDebt, last quarter)
Short Term Debt = 525k USD (from shortTermDebt, last quarter)
Debt = 416.9m USD (from shortLongTermDebtTotal, last quarter) + Leases 7.90m
Net Debt = 415.6m USD (calculated: Debt 416.9m - CCE 1.26m)
Enterprise Value = 1.22b USD (808.9m + Debt 416.9m - CCE 1.26m)
Interest Coverage Ratio = 2.22 (Ebit TTM 37.0m / Interest Expense TTM 16.7m)
EV/FCF = 33.99x (Enterprise Value 1.22b / FCF TTM 36.0m)
FCF Yield = 2.94% (FCF TTM 36.0m / Enterprise Value 1.22b)
FCF Margin = 35.87% (FCF TTM 36.0m / Revenue TTM 100.4m)
Net Margin = 15.83% (Net Income TTM 15.9m / Revenue TTM 100.4m)
Gross Margin = 75.40% ((Revenue TTM 100.4m - Cost of Revenue TTM 24.7m) / Revenue TTM)
Gross Margin QoQ = 30.88% (prev none%)
Tobins Q-Ratio = 1.55 (Enterprise Value 1.22b / Total Assets 792.5m)
Interest Expense / Debt = 4.00% (Interest Expense 16.7m / Debt 416.9m)
Taxrate = 0.47% (23.0k / 4.86m)
NOPAT = 36.8m (EBIT 37.0m * (1 - 0.47%))
Current Ratio = 0.52 (Total Current Assets 7.61m / Total Current Liabilities 14.6m)
Debt / Equity = 1.43 (Debt 416.9m / totalStockholderEquity, last quarter 292.2m)
Debt / EBITDA = 6.72 (Net Debt 415.6m / EBITDA 61.9m)
Debt / FCF = 11.54 (Net Debt 415.6m / FCF TTM 36.0m)
Total Stockholder Equity = 275.5m (last 4 quarters mean from totalStockholderEquity)
RoA = 2.20% (Net Income 15.9m / Total Assets 792.5m)
RoE = 4.51% (Net Income TTM 15.9m / Total Stockholder Equity 352.7m)
RoCE = 5.37% (EBIT 37.0m / Capital Employed (Equity 352.7m + L.T.Debt 337.1m))
RoIC = 4.66% (NOPAT 36.8m / Invested Capital 791.3m)
WACC = 5.62% (E(808.9m)/V(1.23b) * Re(6.46%) + D(416.9m)/V(1.23b) * Rd(4.00%) * (1-Tc(0.00)))
Discount Rate = 6.46% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 95.56 | Cagr: 11.46%
[DCF] Terminal Value 76.50% ; FCFF base≈34.9m ; Y1≈37.5m ; Y5≈45.6m
[DCF] Fair Price = 10.26 (EV 698.9m - Net Debt 415.6m = Equity 283.3m / Shares 27.6m; r=8.35% [WACC [floored]]; 5y FCF grow 8.57% → 2.50% )
EPS Correlation: 87.57 | EPS CAGR: 86.14% | SUE: -0.07 | # QB: 0
Revenue Correlation: 99.52 | Revenue CAGR: 22.01% | SUE: 0.86 | # QB: 1
EPS current Quarter (2026-06-30): EPS=0.13 | Chg30d=-8.79% | Revisions=-20% | Analysts=2
EPS next Quarter (2026-09-30): EPS=0.15 | Chg30d=-11.88% | Revisions=+20% | Analysts=2
EPS current Year (2026-12-31): EPS=0.62 | Chg30d=+20.88% | Revisions=N/A | GrowthEPS=-0.1% | GrowthRev=+14.3%
EPS next Year (2027-12-31): EPS=0.54 | Chg30d=+0.00% | Revisions=-20% | GrowthEPS=-12.3% | GrowthRev=+16.2%
[Analyst] Revisions Ratio: -20%