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PFH

Prudential Financial Inc. 4.125% Junior Subordinated Notes due 2060 (PFH) fair value

Real Estate · REIT - Residential · NYSE · United States
$14.93+0.27%
Market cap $45.5BUpdated Oct 18, 2026
Our verdict
Trades 10% below our fair value
Price
$14.93
Model fair valueConfidence: good
$16.56
Model range
$12.62 to $21.29
Fair value $16.56
Price $14.93
2 models fit Prudential Financial Inc. 4.125% Junior Subordinated Notes due 2060 and they disagree: 0 of 2 land within 15% of the average.
Two or more of our models back this value.
Near fair value(i)Bronze46
Valued as a REIT (property company): Price to FFO, Dividend discount, and EV/EBITDA comparison.
ACCE opinionPrudential Financial Inc. 4.125% Junior Subordinated Notes due 2060 (PFH)
Fair value (2 models)
$16.56
ACCE price target
$14.80
Rating
Fairly valued
Horizon
12 months
Fair value published on 18 Oct 2026, 16:04 CEST; previously $16.30 since 14 Oct 2026, 00:00 CEST.
ACCE price target published on 10 Oct 2026, 00:00 CEST.
Rating published on 18 Oct 2026, 16:04 CEST.
Price used: $14.93 at the close on 23 Oct 2026, 22:00 CEST.
Models: EV/EBITDA comparison and Price to FFO.
Fair value: the average of the applicable valuation models (discounted cash flow, multiples, residual income, dividend discount, shareholder yield), each run on the latest financial statements and the market price shown. Opinion columns (fair value, target, rating) are shown apart from the data. Full methodology: acceinvestments.com/data/how-we-value-stocks
Full methodology
Conflicts of interest: The author holds no personal position in this security. General statement
Produced by ACCE Investments (acceinvestments.com)
Data
Price vs fair value
9.9% below
+10.9% to fair value
ACCE score
27
out of 100
P/E
0.0x
forward 0.0x
1-year return
-19.0%
Dividend yield
1.09%

Prudential Financial Inc. 4.125% Junior Subordinated Notes due 2060 in four questions

Plain answers, details below
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OverviewAsk ACCEValuationQualityAnalystsSmart MoneyCompareNews and Record

Overview

ACCE thesis

PFH is a junior subordinated note issued by Prudential Financial, the life insurer and asset manager, paying a fixed 4.125% coupon on debt due 2060, so this is a credit instrument rather than a claim on the REIT-style sector label in the data. The provided figures are internally inconsistent: a $45.5B market cap and 11.8% ROE belong to the issuer, while zero P/E, zero revenue growth, and zero operating margin look like missing data rather than real readings, so none of them should be relied on. The 26/100 score and absence from any index give a weak screening signal, and nothing here establishes a near-term catalyst. The thesis rests on whether an investment-grade-issuer junior subordinated coupon compensates for its deep subordination and long duration, which needs a fresh look at Prudential's capital ratios, the note's call schedule, and current yield versus comparable subordinated paper before this name merits further work.

AI-assisted·How I use AIWritten Oct 16, 2026

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Valuation

INVESTOR
Where PFH's valuation models land
Price
$14.93
Model fair value
$16.56
Model range
$12.62 to $21.29
Fair value $16.56
Price $14.93
The price sits inside the model range.
Model
Fair value
Upside
Dividend discount
EV/EBITDA comparison
Price to FFO
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Quality

INVESTOR
Quality and conviction INVESTOR FEATURE

The full quality picture: a reason under every score, how the scores moved, and the conviction breakdown.

  • +A plain reason under every score
  • +Conviction breakdown and growth / value / quality / momentum scores
  • +Score history: how each score moved over time

Analysts

Wall Street consensus

No analyst coverage yet.
Analyst intelligence INVESTOR FEATURE

The full analyst picture: the price-target distribution against the current price, forward consensus estimates, and how ACCE's own models compare.

  • +Price-target low / average / high vs the current price, with implied upside
  • +Forward revenue and EPS consensus by fiscal year
  • +ACCE fair-value models lined up against the Street

Smart Money

PRO

In one line

Trades are only made public after a delay. We show the delay so you know how old the news is.

Company insiders
No trades filed
Last 90 days
Congress
No trades filed
Last 180 days
Average delay
No trades filed
From trade to public filing
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Compare

Where it sits vs peers

News and Record

Press releases mentioning this company

Recent performance

1 week
+0.3%
1 month
-3.7%
3 months
-6.2%
6 months
-12.4%
YTD
-13.4%
1 year
-19.0%

SEC filings

Recommendation history, last 12 months

DateTypeNewPreviousPrice
18 Oct 2026, 16:04 CESTRatingFairly valuedfirst publication$14.88
18 Oct 2026, 16:04 CESTFair value$16.56$16.30$14.88
14 Oct 2026, 00:00 CESTFair value$16.30$18.26$14.56
10 Oct 2026, 00:00 CESTACCE price target$14.80first publication$14.82
9 Oct 2026, 00:00 CESTFair value$18.26$18.44$14.72
6 Oct 2026, 00:00 CESTFair value$18.44$18.78$14.87
15 Sept 2026, 00:00 CESTFair value$18.78$19.16$15.15
5 Sept 2026, 00:00 CESTFair value$19.16$19.56$15.23
30 Aug 2026, 00:00 CESTFair value$19.56$10.68$15.43
27 Aug 2026, 00:00 CESTFair value$10.68$10.57$15.34

This analysis is not personalised investment advice and does not take your situation, objectives or risk tolerance into account. ACCE Investments is not an authorised investment firm.

Investing in shares carries a risk of losing capital. The value of an investment can go down as well as up.

Valuation horizon: 12 months from the publication date.

Conflicts of interest. ACCE Investments is operated by Adrien Chantreuil, who may hold personal positions in the securities analysed. Positions are declared on each security. ACCE receives no payment from the companies analysed or from any intermediary for this analysis.

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Snapshot

Growth7Value40Quality38Momentum23Total27
Valuation
Trailing P/E
0.0x
Forward P/E
0.0x
PEG
no data
P/B
0.00x
EV / Revenue
0.0x
Book value/sh
no data
Enterprise value
$0
Profitability
ROE
11.8%
FCF yield
13.78%
ROIC
5.3%
Health and risk
Debt / equity
0.71
Dividend yield
1.09%
Beta
no data

Price

-19.3% · 1Y

Ask anything about PFH

Answered from Prudential Financial Inc. 4.125% Junior Subordinated Notes due 2060 fundamentals + recent valuations. Every number shows its source and date.

This stock Peer Peer median weaker → stronger
P/Ebetter than 100% of peers
low 0.0x0.0xhigh 53.2x
ROEbetter than 100% of peers
low 0%12%high 12%
Div yieldbetter than 0% of peers
low 1.1%1.1%high 12.6%

Peers

Prices Oct 23, 2026
CompanyPriceFair valuevs fair valueP/EROEQualityScore
PFH Prudential Financial Inc. 4.125% Junior Subordinated Notes due 2060$14.93$1710% below-11.8%3827
PRS Prudential Financial Inc. 5.625% Junior Subordinated Notes due 2058$19.63$203% below-11.8%3826
CCZ Comcast Holdings ZONES$65.10--53.2x0.0%2634
AVB AvalonBay Communities Inc. Common Stock$184.06$15320% above25.2x8.5%7648
EQR Equity Residential Common Shares of Beneficial Interest$63.66$5320% above28.7x8.0%8150
SOJC Southern Company (The) Series 2017B 5.25% Junior Subordinated Notes due December 1 2077$18.28--21.8x0.0%1918
ESS Essex Property Trust Inc. Common Stock$282.45$21730% above43.3x7.7%7652

Sector report card

Where PFH ranks against its sector peers on each metric.

Computing percentiles…
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14 more press releases · full archive on Investor+.INVESTOR
40 filings
October 2026
Oct 20
8-KCurrent reportPeriod 2026-10-20
View on SEC →
Oct 15
8-KCurrent reportPeriod 2026-10-15
View on SEC →
Oct 9
8-KCurrent reportPeriod 2026-10-09
View on SEC →
37 more filings + AI summaries on Investor+.INVESTOR