Postal Realty Trust, Inc. (PSTL) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

+433.4%

$114.62

vs $21.49 price

Levered DCF

$69.12

After debt service

Piotroski score

8 / 9

Strong

Altman Z-score

1.38

Distress zone

Rating

Overall 3 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	34.34×	62.14×	121.33×	69.19×	132×	-184.68×	-58.45×	80.95×
P/B	1.38×	1.17×	1.2×	1.18×	1.23×	1.29×	1.79×	-15.96×
P/S	4.1×	3.86×	4.6×	5.05×	6.79×	4.84×	7.75×	11.75×
EV / EBITDA	13.88×	13.81×	17×	18.1×	18.59×	24.24×	35.9×	30.34×
Gross margin	88.2%	75.2%	75.9%	76.0%	76.5%	79.5%	77.2%	75.6%
Operating margin	35.8%	27.7%	22.0%	18.2%	14.8%	8.3%	0.6%	33.5%
Net margin	14.8%	8.6%	5.8%	7.2%	5.1%	-1.4%	-9.2%	14.8%
Current ratio	10.72×	0.39×	0.44×	0.86×	0.56×	0.08×	0.26×	0.87×
Debt / equity	1.42×	1.18×	0.99×	0.86×	0.43×	1.35×	1.31×	-6.15×
Interest coverage	2.25×	1.76×	1.5×	1.8×	2.16×	0×	0×	1.73×
Dividend yield	7.8%	9.5%	6.7%	6.5%	4.4%	5.1%	3.6%	5.9%
Payout ratio	217.3%	424.3%	531.1%	454.9%	584.8%	-1705.1%	-305.2%	465.2%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	5.0%	2.6%	1.5%	1.7%	0.9%	-0.4%	-2.1%	-20.1%
Return on invested capital	138.4%	3.3%	2.6%	2.0%	1.5%	0.8%	0.1%	7.6%
Return on assets	1.9%	1.0%	0.7%	0.8%	0.5%	-0.1%	-0.8%	3.2%
Free cash flow yield	9.6%	10.4%	8.7%	7.8%	5.6%	7.1%	3.1%	2.9%
Earnings yield	3.6%	2.2%	1.3%	1.4%	0.8%	-0.3%	-1.2%	1.3%
Enterprise value	$796.3M	$589.4M	$531.7M	$464.6M	$360.5M	$240.8M	$138.9M	$124.8M
Net debt / EBITDA	7.03×	6.91×	7.62×	7.6×	4.61×	12.32×	13.27×	8.39×
Cash conversion cycle (days)	20	-224	-209	40	44	56	-391	-218