34.67 USD
+0.18 (+0.52%)
34.67 USD
0 (0%)
PECO gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 128 industry peers in the Diversified REITs industry. PECO has a medium profitability rating, but doesn't score so well on its financial health evaluation. PECO is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
PECO had positive earnings in the past year.
PECO had a positive operating cash flow in the past year.
Each year in the past 5 years PECO has been profitable.
PECO had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 1.56%, PECO is in line with its industry, outperforming 55.47% of the companies in the same industry.
PECO has a Return On Equity (3.60%) which is in line with its industry peers.
PECO has a Return On Invested Capital of 2.98%. This is comparable to the rest of the industry: PECO outperforms 58.59% of its industry peers.
The Average Return On Invested Capital over the past 3 years for PECO is in line with the industry average of 3.05%.
The last Return On Invested Capital (2.98%) for PECO is above the 3 year average (2.51%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.56% | ||
| ROE | 3.6% | ||
| ROIC | 2.98% |
ROA(3y)1.14%
ROA(5y)0.77%
ROE(3y)2.44%
ROE(5y)1.66%
ROIC(3y)2.51%
ROIC(5y)2.07%
1.3 Margins
PECO has a Profit Margin (11.51%) which is comparable to the rest of the industry.
In the last couple of years the Profit Margin of PECO has grown nicely.
Looking at the Operating Margin, with a value of 27.10%, PECO is in line with its industry, outperforming 59.38% of the companies in the same industry.
PECO's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 71.20%, PECO is in the better half of the industry, outperforming 64.06% of the companies in the same industry.
PECO's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 27.1% | ||
| PM (TTM) | 11.51% | ||
| GM | 71.2% |
OM growth 3Y23.39%
OM growth 5Y7%
PM growth 3Y49.54%
PM growth 5YN/A
GM growth 3Y0.43%
GM growth 5Y0.35%
2. Health
2.1 Basic Checks
PECO has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
PECO has more shares outstanding than it did 1 year ago.
PECO has more shares outstanding than it did 5 years ago.
PECO has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.74, we must say that PECO is in the distress zone and has some risk of bankruptcy.
PECO has a better Altman-Z score (0.74) than 65.63% of its industry peers.
The Debt to FCF ratio of PECO is 11.87, which is on the high side as it means it would take PECO, 11.87 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of PECO (11.87) is better than 88.28% of its industry peers.
PECO has a Debt/Equity ratio of 1.05. This is a high value indicating a heavy dependency on external financing.
PECO has a Debt to Equity ratio (1.05) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.05 | ||
| Debt/FCF | 11.87 | ||
| Altman-Z | 0.74 |
ROIC/WACC0.43
WACC6.93%
2.3 Liquidity
PECO has a Current Ratio of 0.19. This is a bad value and indicates that PECO is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of PECO (0.19) is worse than 92.19% of its industry peers.
PECO has a Quick Ratio of 0.19. This is a bad value and indicates that PECO is not financially healthy enough and could expect problems in meeting its short term obligations.
PECO's Quick ratio of 0.14 is on the low side compared to the rest of the industry. PECO is outperformed by 94.53% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.19 | ||
| Quick Ratio | 0.14 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 43.48% over the past year.
The Earnings Per Share has been growing by 55.36% on average over the past years. This is a very strong growth
The Revenue has grown by 10.73% in the past year. This is quite good.
PECO shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.27% yearly.
EPS 1Y (TTM)43.48%
EPS 3Y55.36%
EPS 5YN/A
EPS Q2Q%122.22%
Revenue 1Y (TTM)10.73%
Revenue growth 3Y7.47%
Revenue growth 5Y4.27%
Sales Q2Q%10.36%
3.2 Future
Based on estimates for the next years, PECO will show a quite strong growth in Earnings Per Share. The EPS will grow by 15.10% on average per year.
Based on estimates for the next years, PECO will show a small growth in Revenue. The Revenue will grow by 5.89% on average per year.
EPS Next Y20.02%
EPS Next 2Y14.97%
EPS Next 3Y15.1%
EPS Next 5YN/A
Revenue Next Year10.68%
Revenue Next 2Y7.87%
Revenue Next 3Y5.89%
Revenue Next 5YN/A
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
PECO is valuated quite expensively with a Price/Earnings ratio of 52.53.
PECO's Price/Earnings is on the same level as the industry average.
PECO is valuated expensively when we compare the Price/Earnings ratio to 26.28, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 52.45, which means the current valuation is very expensive for PECO.
PECO's Price/Forward Earnings ratio is in line with the industry average.
PECO is valuated expensively when we compare the Price/Forward Earnings ratio to 23.52, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 52.53 | ||
| Fwd PE | 52.45 |
4.2 Price Multiples
PECO's Enterprise Value to EBITDA ratio is in line with the industry average.
73.44% of the companies in the same industry are more expensive than PECO, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.71 | ||
| EV/EBITDA | 14.71 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PECO has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as PECO's earnings are expected to grow with 15.10% in the coming years.
PEG (NY)2.62
PEG (5Y)N/A
EPS Next 2Y14.97%
EPS Next 3Y15.1%
5. Dividend
5.1 Amount
PECO has a Yearly Dividend Yield of 3.73%. Purely for dividend investing, there may be better candidates out there.
PECO's Dividend Yield is slightly below the industry average, which is at 6.59.
Compared to an average S&P500 Dividend Yield of 2.31, PECO pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.73% |
5.2 History
The dividend of PECO decreases each year by -3.54%.
PECO has been paying a dividend for over 5 years, so it has already some track record.
PECO has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)-3.54%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
189.57% of the earnings are spent on dividend by PECO. This is not a sustainable payout ratio.
DP189.57%
EPS Next 2Y14.97%
EPS Next 3Y15.1%
34.67
+0.18 (+0.52%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners87.68%
Inst Owner Change-1.79%
Ins Owners0.53%
Ins Owner Change0%
Market Cap4.36B
Revenue(TTM)711.78M
Net Income(TTM)81.92M
Analysts76.84
Price Target40.24 (16.07%)
Short Float %2.47%
Short Ratio3.36
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.73% |
Yearly Dividend1.08
Dividend Growth(5Y)-3.54%
DP189.57%
Div Incr Years3
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)9.85%
Min EPS beat(2)-25.54%
Max EPS beat(2)45.24%
EPS beat(4)3
Avg EPS beat(4)20.23%
Min EPS beat(4)-25.54%
Max EPS beat(4)45.24%
EPS beat(8)5
Avg EPS beat(8)5%
EPS beat(12)9
Avg EPS beat(12)11.07%
EPS beat(16)12
Avg EPS beat(16)-55.55%
Revenue beat(2)2
Avg Revenue beat(2)0.73%
Min Revenue beat(2)0.29%
Max Revenue beat(2)1.17%
Revenue beat(4)4
Avg Revenue beat(4)1.25%
Min Revenue beat(4)0.29%
Max Revenue beat(4)2.6%
Revenue beat(8)5
Avg Revenue beat(8)0.22%
Revenue beat(12)8
Avg Revenue beat(12)0.55%
Revenue beat(16)12
Avg Revenue beat(16)1.1%
PT rev (1m)0.46%
PT rev (3m)0.91%
EPS NQ rev (1m)-3.41%
EPS NQ rev (3m)-4.28%
EPS NY rev (1m)-1.4%
EPS NY rev (3m)-3.95%
Revenue NQ rev (1m)0.82%
Revenue NQ rev (3m)1.82%
Revenue NY rev (1m)0.45%
Revenue NY rev (3m)1.18%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 52.53 | ||
| Fwd PE | 52.45 | ||
| P/S | 6.13 | ||
| P/FCF | 21.71 | ||
| P/OCF | 12.98 | ||
| P/B | 1.91 | ||
| P/tB | 1.95 | ||
| EV/EBITDA | 14.71 |
EPS(TTM)0.66
EY1.9%
EPS(NY)0.66
Fwd EY1.91%
FCF(TTM)1.6
FCFY4.61%
OCF(TTM)2.67
OCFY7.71%
SpS5.66
BVpS18.11
TBVpS17.82
PEG (NY)2.62
PEG (5Y)N/A
Graham Number16.4
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.56% | ||
| ROE | 3.6% | ||
| ROCE | 3.78% | ||
| ROIC | 2.98% | ||
| ROICexc | 2.99% | ||
| ROICexgc | 3.03% | ||
| OM | 27.1% | ||
| PM (TTM) | 11.51% | ||
| GM | 71.2% | ||
| FCFM | 28.23% |
ROA(3y)1.14%
ROA(5y)0.77%
ROE(3y)2.44%
ROE(5y)1.66%
ROIC(3y)2.51%
ROIC(5y)2.07%
ROICexc(3y)2.52%
ROICexc(5y)2.08%
ROICexgc(3y)2.56%
ROICexgc(5y)2.12%
ROCE(3y)3.18%
ROCE(5y)2.62%
ROICexgc growth 3Y28.89%
ROICexgc growth 5Y10.24%
ROICexc growth 3Y28.89%
ROICexc growth 5Y10.67%
OM growth 3Y23.39%
OM growth 5Y7%
PM growth 3Y49.54%
PM growth 5YN/A
GM growth 3Y0.43%
GM growth 5Y0.35%
F-Score6
Asset Turnover0.14
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.05 | ||
| Debt/FCF | 11.87 | ||
| Debt/EBITDA | 5.21 | ||
| Cap/Depr | 50.92% | ||
| Cap/Sales | 18.99% | ||
| Interest Coverage | 1.95 | ||
| Cash Conversion | 73.34% | ||
| Profit Quality | 245.29% | ||
| Current Ratio | 0.19 | ||
| Quick Ratio | 0.14 | ||
| Altman-Z | 0.74 |
F-Score6
WACC6.93%
ROIC/WACC0.43
Cap/Depr(3y)40.7%
Cap/Depr(5y)36.89%
Cap/Sales(3y)16.05%
Cap/Sales(5y)15.02%
Profit Quality(3y)370.81%
Profit Quality(5y)1082.19%
High Growth Momentum
Growth
EPS 1Y (TTM)43.48%
EPS 3Y55.36%
EPS 5YN/A
EPS Q2Q%122.22%
EPS Next Y20.02%
EPS Next 2Y14.97%
EPS Next 3Y15.1%
EPS Next 5YN/A
Revenue 1Y (TTM)10.73%
Revenue growth 3Y7.47%
Revenue growth 5Y4.27%
Sales Q2Q%10.36%
Revenue Next Year10.68%
Revenue Next 2Y7.87%
Revenue Next 3Y5.89%
Revenue Next 5YN/A
EBIT growth 1Y16.78%
EBIT growth 3Y32.61%
EBIT growth 5Y11.56%
EBIT Next Year174.95%
EBIT Next 3Y45.26%
EBIT Next 5YN/A
FCF growth 1Y13.78%
FCF growth 3Y8.44%
FCF growth 5Y12.26%
OCF growth 1Y19.56%
OCF growth 3Y8.38%
OCF growth 5Y8.09%
PHILLIPS EDISON & COMPANY IN / PECO FAQ
What is the fundamental rating for PECO stock?
ChartMill assigns a fundamental rating of 4 / 10 to PECO.
What is the valuation status of PHILLIPS EDISON & COMPANY IN (PECO) stock?
ChartMill assigns a valuation rating of 3 / 10 to PHILLIPS EDISON & COMPANY IN (PECO). This can be considered as Overvalued.
What is the profitability of PECO stock?
PHILLIPS EDISON & COMPANY IN (PECO) has a profitability rating of 6 / 10.
What is the valuation of PHILLIPS EDISON & COMPANY IN based on its PE and PB ratios?
The Price/Earnings (PE) ratio for PHILLIPS EDISON & COMPANY IN (PECO) is 52.53 and the Price/Book (PB) ratio is 1.91.
What is the earnings growth outlook for PHILLIPS EDISON & COMPANY IN?
The Earnings per Share (EPS) of PHILLIPS EDISON & COMPANY IN (PECO) is expected to grow by 20.02% in the next year.