AlphaMadera's AlphaVal page computes Phillips Edison & Company, Inc.'s fair value using a multi-method blend (DCF, comparable-multiples, and Graham-style intrinsic value), then compares it to the current market price to flag PECO as undervalued, fairly valued, or overvalued.

What is Phillips Edison & Company, Inc.'s fair value?

Fair value for PECO is a model output combining discounted cash flow projections, peer-group multiples, and a Graham number floor. The live AlphaVal page shows the blended fair value alongside each method's individual estimate.

How does AlphaMadera value PECO?

AlphaVal uses three primary techniques: a five-year discounted-cash-flow projection with terminal multiple, peer-group multiple analysis (P/E, EV/EBITDA, P/S), and Graham's defensive-investor intrinsic-value formula. Inputs come from PECO's most recent reported fundamentals.

PECO - Phillips Edison & Company, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS | PRICE TARGET: $41.40 DETAILS

AlphaVal

Deterministic, archetype-aware fair value

Real Estate Investment Trust 85% confidence

Primary model: P/FFO × Retail REIT Multiple

Valuation Signal Fair Value Mild

Trading 5.3% below fair value

Current Price $40.30

Bear Case $34.13 15.3% downside ($34.13 - $40.30) / $40.30 = -15.3% $3.00 FFO × 16x

Fair Value $42.54 5.6% upside ($42.54 - $40.30) / $40.30 = 5.6% $3.00 FFO × 20x

Bull Case $50.96 26.4% upside ($50.96 - $40.30) / $40.30 = 26.4% $3.00 FFO × 23x

Adjust Assumptions

P/FFO Multiple

19.5x

FFO per Share

3.0$

Key Value Driver

FFO/share ($3.00) × retail P/FFO multiple

Implied Market Multiple 13.4x

Plain-Language Summary

Our base-case estimate uses P/FFO × Retail REIT Multiple. We then blend that result with the average analyst price target of $41.40 from 14 analysts, using a 20% weight on analyst consensus. That produces an estimated intrinsic value of $42.54 per share.

Warnings

⚠ Standard profit figures are misleading for real estate companies — large non-cash accounting charges make profits look artificially low. Dividend yield and funds from operations are better measures.

ℹ The 1.1% yield is low for a real estate company — investors are paying up because they expect above-average growth.

ℹ Dividend-based valuation: $6.35 (85% below our primary estimate). Large gaps suggest the dividend may not fully reflect the company's value.

Key Risks

P/E and EV/EBITDA are structurally wrong for REITs — use P/FFO and NAV
Interest rate sensitivity: REIT multiples compress when rates rise
FFO approximation (NI + D&A) may include gains on property sales — verify