Pepco Group B.V. (PCO) fair value: what the stock is really worth
As of Sep 23, 2026: fair value of Pepco Group B.V. PLN 54.28, price PLN 43.37, upside +25.2%, quality 67 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch Pepco Group B.V. for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for freePro now: $1 first month
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range 13.82 PLN – 54.55 PLN · fair‑value band 40.38 PLN – 68.17 PLN · the 43.37 PLN price screens below the 54.28 PLN fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 24, 2026.
Follow Pepco Group B.V. in your weekly email
Every Wednesday you see whether Pepco Group B.V. is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Pepco Group N.V. operates as a variety discount retailer in the United Kingdom, the Republic of Ireland, Poland, and the rest of Europe. The company offers general merchandise; apparel for the whole family, including children's wear; household goods and toys; homeware; home décor; and seasonal products.
Show more
Pepco Group N.V. operates as a variety discount retailer in the United Kingdom, the Republic of Ireland, Poland, and the rest of Europe. The company offers general merchandise; apparel for the whole family, including children's wear; household goods and toys; homeware; home décor; and seasonal products. In addition, the company provides direct product sourcing, product development, and technical services. Pepco Group N.V. operates stores under the Pepco, Poundland, and Dealz brands. The company was founded in 1990 and is based in London, the United Kingdom. Pepco Group N.V. is a subsidiary of Pepco Holdco Limited.
Stock analysis
Pepco Group B.V. (PCO) currently trades at 43.37 PLN, while our model-based Fair Value estimate is 54.28 PLN, implying the stock looks roughly 20.1% undervalued today.
Show more
Valuation
Bull case: the DCF Models group reads highest at a median of 18.49 PLN per share, and 0 of the 16 models we run sit above the 43.37 PLN price.
Bear case: the Earnings-Based group reads lowest at 6.70 PLN, and 16 of the 16 models stay below the price. Evidence for this calculation is medium.
Scenario range: 40.38 PLN (bear) to 68.17 PLN (bull), the price of 43.37 PLN sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 67/100 (solid quality), in the Consumer Defensive sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Pepco Group B.V. reported revenue of €4.5B in FY2025 versus €4.1B in FY2021, a compound +2.4%/yr. Reported net income was −€176M in FY2025.
Key figures
Market cap 24.6B PLN (≈ $6.4B) · P/E ratio 26.4 · P/S ratio 4.00 · EPS (TTM) 1.64 PLN · Dividend yield 0.2% · Net margin −3.9% · Return on equity 85.1% · Return on assets (EBIT) 4.1%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 42 out of 100 (low confidence).
What moves the price
Analysts expect earnings well below the last reported figure (earnings in transition, for example expiring patents or contracts); a fair value that looks fair on trailing earnings may then be too optimistic.
The share trades about 8% below its 52-week high and 102% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Consumer Defensive peers we cover trades at −24% fair-value upside, at 25%, PCO screens cheaper than that median.
Fair Value models
Bear 40.38 PLNFair Value 54.28 PLNBull 68.17 PLN
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 12 months old). Earnings retained since then (1.54 PLN per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.40/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
−26.6%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−2.1%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+5.2%
Start year 2020 (pandemic)
Revenue growth 9 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+24.1%
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
3.8% (2020) → 8.5% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far and more than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+22.6%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+4.3%
Yearly sales growth analysts expect, extended to five years.
After inflation (Poland: IMF forecast 3.1% a year to 2030, 4.6% from 2016 to 2025) that is about +18.9% a year for the price and +1.1% for the forecasts.
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Discount Stores · 25 stocks
Beats the industry median on 6/14 measures
A mixed picture versus its industry peers.
Valuation
Quality Score67 · Top 25%
Fair Value upside+23% · Top 25%
Profitability
Return on equity (TTM)85% · Top 25%
Return on assets9% · Top 25%
Net margin (TTM)4% · Above median
Operating margin (TTM)12% · Top 25%
Growth and dividend
Revenue growth5% · Below median
Dividend yield (TTM)0.2% · Bottom 25%
Balance sheet
Debt / equity1.20× · Highest 25%
Valuation Multiplesvs Discount Stores median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Pepco Group B.V. Fair Value". https://www.fairvalue-calculator.com/stock/PCO
Frequently asked questions
Is Pepco Group B.V. (PCO) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of 54.28 PLN versus a price of 43.37 PLN, about +25% upside (undervalued).
What is the fair value of PCO?
Our model-based fair value for Pepco Group B.V. is 54.28 PLN (as of Sep 24, 2026), built from audited fundamentals. The current price: 43.37 PLN.
What is the quality score of PCO?
Pepco Group B.V. has a Quality Score of 67/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Pepco Group B.V. (PCO)?
Our model-based price target is the fair value of 54.28 PLN (as of Sep 24, 2026) from 16 valuation models. Cautious scenario 40.38 PLN, optimistic scenario 68.17 PLN. It is a calculation from audited fundamentals, not an analyst target.
What is the Pepco Group B.V. stock forecast for 2026?
Our models put fair value at 54.28 PLN, about +25% upside versus a price of 43.37 PLN (undervalued). Cautious scenario 40.38 PLN, optimistic scenario 68.17 PLN. The calculation is refreshed regularly with new filings.
What is the revenue of Pepco Group B.V. (PCO)?
Pepco Group B.V. reported trailing-twelve-month revenue of about 4.6B PLN (latest available figure, as of Sep 24, 2026).
Does Pepco Group B.V. pay a dividend?
Pepco Group B.V. currently shows a dividend yield of about 0.22% relative to its recent price (as of Sep 24, 2026).
What growth is priced into Pepco Group B.V. (PCO)?
For today's price to be fair in a discounted-cash-flow model, Pepco Group B.V. would have to grow free cash flow by +22.6 % per year for five years (discount rate 10.5 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +5.2 % per year. As of Sep 24, 2026.
What discount rate (WACC) does the fair value of PCO use?
Our models discount Pepco Group B.V. at 10.5 %: a base by market capitalisation (large), damped by beta 1.16, country premium for Poland. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Pepco Group B.V. that is +22.6 % per year a year over ten years, using the same discount rate (10.5 %) and the same formula as our fair value.
How much growth has Pepco Group B.V. (PCO) delivered so far?
Over the past 5 years revenue at Pepco Group B.V. grew +5.2 % a year. The price currently implies +22.6 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Pepco Group B.V. (PCO) growing?
The median revenue growth in the sector is +2.5 % a year. That is the yardstick for the growth priced into Pepco Group B.V. (+22.6 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Pepco Group B.V. (PCO)?
The free-cash-flow yield on the price is 2.82 %: that much free cash flow Pepco Group B.V. produces per unit of market value. When it exceeds the discount rate of our models (10.5 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Pepco Group B.V. (PCO)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Pepco Group B.V. it is 54.28 PLN per share (as of Sep 24, 2026), against a price of 43.37 PLN. It is the blended result of 16 valuation models (cash flow, earnings, asset, dividend).
Is Pepco Group B.V. stock overvalued or undervalued in 2026?
As of Sep 24, 2026, PCO trades below its calculated fair value: price 43.37 PLN, fair value 54.28 PLN, a gap of about +25% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of PCO?
No. The price is what the market pays today (43.37 PLN); the fair value is what the company's own numbers justify (54.28 PLN). For Pepco Group B.V. the two are 10.91 PLN per share apart. That gap is exactly why we show both numbers side by side.
How much is Pepco Group B.V. worth?
The market values Pepco Group B.V. at about 24.6B PLN (market capitalisation, as of Sep 24, 2026). Per share that is 43.37 PLN; our models calculate a fair value of 54.28 PLN per share.
What do the bullish and bearish scenarios say about PCO?
Our models span a range for Pepco Group B.V.: cautious scenario 40.38 PLN, base 54.28 PLN, optimistic 68.17 PLN per share (as of Sep 24, 2026, price 43.37 PLN). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of PCO?
Pepco Group B.V. trades at a price-to-earnings ratio of 26.4 (as of Sep 24, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 54.28 PLN is built from several models across several years. Other multiples: P/B 40.4, P/S 1.4, EV/EBITDA 9.9.
How solid is the balance sheet of Pepco Group B.V. (PCO)?
Balance-sheet figures for Pepco Group B.V. (as of Sep 24, 2026): return on equity 85.1%, debt of 1.20 per unit of equity. They feed the Quality Score of 67/100, which measures business quality independently of the share price.
How far is PCO from its 52-week high?
Pepco Group B.V. trades at 43.37 PLN, about 8% below its 52-week high of 47.11 PLN and 102% above the low of 21.46 PLN (as of Sep 23, 2026). Distance from the high says nothing about value: that is what the fair value of 54.28 PLN is for.
Which stocks are comparable to Pepco Group B.V.?
From the same area (Consumer Defensive) we also value Walmart Inc, Costco Wholesale Corporation, Target Corporation, Dollarama Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Pepco Group B.V. stock attractive at the current price?
The data as of Sep 24, 2026: price 43.37 PLN, calculated fair value 54.28 PLN (+25%), Quality Score 67/100, from 16 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of PCO calculated?
We run Pepco Group B.V. through 16 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of 54.28 PLN, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.1 % above its aggregate fair value. Pepco Group B.V. currently trades 25 % below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Pepco Group B.V. (PCO)?
The closing price on Sep 23, 2026 was 43.37 PLN. Our model-based fair value is 54.28 PLN, about +25% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Pepco Group B.V. right now?
Solid quality (67/100) at a price below fair value, the discount is the argument here, not the business quality. The price sits in the lower half of our model range, the side with the larger margin of safety. Read the verdict with care: some models are missing inputs, so the estimate scatters more than usual.
Key figures of Pepco Group B.V.
How large is the market capitalisation of Pepco Group B.V. (PCO)?
The market capitalisation of Pepco Group B.V. is 24.6B PLN (≈ $6.4B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Pepco Group B.V. (PCO)?
The price-to-sales ratio of Pepco Group B.V. is 4.00 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Pepco Group B.V. (PCO)?
Earnings per share at Pepco Group B.V. are 1.64 PLN (price ÷ EPS = P/E 26.4). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Pepco Group B.V. (PCO)?
The dividend yield of Pepco Group B.V. is 0.2% (payout 5.9%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Pepco Group B.V. (PCO)?
The net margin of Pepco Group B.V. is −3.9% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Pepco Group B.V. (PCO)?
The return on equity (ROE) of Pepco Group B.V. is 85.1% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Pepco Group B.V. (PCO)?
On an EBIT basis the return on assets of Pepco Group B.V. is 4.1% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Pepco Group B.V. (PCO)?
The operating margin of Pepco Group B.V. is 12.3% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Pepco Group B.V. (PCO)?
Revenue at Pepco Group B.V. is growing +5.0% versus a year earlier (3y avg −2.1%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Pepco Group B.V. (PCO)?
Earnings per share at Pepco Group B.V. are growing −33.3% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Pepco Group B.V. (PCO) carry?
The net debt of Pepco Group B.V. is 162M PLN (fiscal year 2025, ≈ 0.2 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch Pepco Group B.V. in the live analysis
One click puts Pepco Group B.V. on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
