PCO Stock Analysis: Pepco B.V. | WAR
Discount Stores | WAR, Poland | Market Cap: 26.210m PLN | 12M Return: 68.4% | NL0015000AU7 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 39.2M
Rev. Trend: -65.9%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
Seasonality
Pepco Group N.V. is a UK-based variety discount retailer operating Pepco, Poundland and Dealz stores across the UK, Ireland, Poland and other European markets. Its range includes family clothing, household goods, toys, homeware, décor and seasonal products.
The company also handles product sourcing, development and technical services. Its broad assortment combines everyday household essentials with discretionary merchandise, a common model in general merchandise retail.
- Pepco store growth and like-for-like sales drive core revenue
- Poundland disposal removes losses and focuses capital on Pepco expansion
- Wage, rent and sourcing costs pressure margins across European markets
| Net Income: 492.2m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.20 > 0.02 and ΔFCF/TA 2.11 > 1.0 |
| NWC/Revenue: 0.77% < 20% (prev -0.10%; Δ 0.87% < -1%) |
| CFO/TA 0.23 > 3% & CFO 790.1m > Net Income 492.2m |
| Net Debt (3.50b) to EBITDA (823.0m): 4.25 < 3 |
| Current Ratio: 1.02 > 1.5 & < 3 |
| Outstanding Shares: last quarter (564.3m) vs 12m ago -2.03% < -2% |
| Gross Margin: 53.29% > 18% (prev 43.97%; Δ 9.32% > 0.5%) |
| Asset Turnover: 103.8% > 50% (prev 178.4%; Δ -74.61% > 0%) |
| Interest Coverage Ratio: 4.73 > 6 (EBIT TTM 528.9m / Interest Expense TTM 111.7m) |
| A: 0.01 (Total Current Assets 1.33b - Total Current Liabilities 1.30b) / Total Assets 3.51b |
| B: 0.08 (Retained Earnings 285.4m / Total Assets 3.51b) |
| C: 0.15 (EBIT TTM 528.9m / Avg Total Assets 3.52b) |
| D: 0.06 (Book Value of Equity 201.8m / Total Liabilities 3.31b) |
| Altman-Z'' = 1.39 = BB |
| DSRI: 3.0 (Receivables 38.7m/20.3m, Revenue 3.66b/6.31b) |
| GMI: 0.83 (GM 43.97% / 53.29%) |
| AQI: 0.82 (AQ_t 0.04 / AQ_t-1 0.05) |
| SGI: 0.58 (Revenue 3.66b / 6.31b) |
| TATA: -0.08 (NI 492.2m - CFO 790.1m) / TA 3.51b) |
| Beneish M = -1.95 (Cap -4..+1) = B |
As of October 21, 2026, the stock is trading at PLN 46.30 with a total of 1,043,200 shares traded. Over the past week, the price has changed by +2.66%, over one month by +9.46%, over three months by +10.90% and over the past year by +68.38%.
Current recommended Stop Loss: 44.10 (which is 4.8% or 1.6 ATR below the current price).
Pepco B.V. has no consensus analysts rating.
P/E Trailing = 13.079
P/S = 5.6481
P/B = 26.9785
Revenue TTM = 3.66b PLN
EBIT TTM = 528.9m PLN
EBITDA TTM = 823.0m PLN
Long Term Debt = 602.0m PLN (from longTermDebt, last quarter)
Short Term Debt = 329.7m PLN (from shortTermDebt, last quarter)
Debt = 3.96b PLN (from shortLongTermDebtTotal, last quarter) + Leases 1.68b
Net Debt = 3.50b PLN (calculated: Debt 3.96b - CCE 463.6m)
Enterprise Value = 29.7b PLN (26.2b + Debt 3.96b - CCE 463.6m)
Interest Coverage Ratio = 4.73 (Ebit TTM 528.9m / Interest Expense TTM 111.7m)
EV/FCF = 42.79x (Enterprise Value 29.7b / FCF TTM 694.3m)
FCF Yield = 2.34% (FCF TTM 694.3m / Enterprise Value 29.7b)
FCF Margin = 18.99% (FCF TTM 694.3m / Revenue TTM 3.66b)
Net Margin = 13.46% (Net Income TTM 492.2m / Revenue TTM 3.66b)
Gross Margin = 53.29% ((Revenue TTM 3.66b - Cost of Revenue TTM 1.71b) / Revenue TTM)
Gross Margin QoQ = 49.62% (prev 49.62%)
Tobins Q-Ratio = 8.47 (Enterprise Value 29.7b / Total Assets 3.51b)
Interest Expense / Debt = 2.82% (Interest Expense 111.7m / Debt 3.96b)
Taxrate = 19.34% (119.5m / 618.0m)
NOPAT = 426.6m (EBIT 528.9m * (1 - 19.34%))
Current Ratio = 1.02 (Total Current Assets 1.33b / Total Current Liabilities 1.30b)
Debt / Equity = 19.63 (Debt 3.96b / totalStockholderEquity, last quarter 201.8m)
Debt / EBITDA = 4.25 (Net Debt 3.50b / EBITDA 823.0m)
Debt / FCF = 5.04 (Net Debt 3.50b / FCF TTM 694.3m)
Total Stockholder Equity = 182.4m (last 4 quarters mean from totalStockholderEquity)
RoA = 13.98% (Net Income 492.2m / Total Assets 3.51b)
RoE = 269.9% (Net Income TTM 492.2m / Total Stockholder Equity 182.4m)
RoCE = 67.44% (EBIT 528.9m / Capital Employed (Equity 182.4m + L.T.Debt 602.0m))
RoIC = 18.14% (NOPAT 426.6m / Invested Capital 2.35b)
WACC = 6.74% (E(26.2b)/V(30.2b) * Re(7.41%) + D(3.96b)/V(30.2b) * Rd(2.82%) * (1-Tc(0.19)))
Discount Rate = 7.41% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 5.01 | Cagr: -1.11%
[DCF] Terminal Value 76.79% ; FCFF base≈666.4m ; Y1≈730.8m ; Y5≈923.5m
[DCF] Fair Price = 19.44 (EV 14.1b - Net Debt 3.50b = Equity 10.6b / Shares 546.0m; r=8.35% [WACC [floored]]; 5y FCF grow 11.16% → 2.50% )
Revenue Correlation: -65.94 | Revenue CAGR: -12.33% | SUE: 0.33 | # QB: 0
EPS current Year (2027-09-30): EPS=0.75 | Chg30d=+3.10% | Revisions=+50% | GrowthEPS=+17.2% | GrowthRev=+5.8%
[Analyst] Revisions Ratio: +50% (up=3, down=0)