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Innovative Industrial Properties Inc
NYSE:IIPR

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Innovative Industrial Properties Inc
NYSE:IIPR
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Price: 46.28 USD 0.5% Market Closed
Market Cap: $1.3B

Relative Value

The Relative Value of one IIPR stock under the Base Case scenario is 76.38 USD. Compared to the current market price of 46.28 USD, Innovative Industrial Properties Inc is Undervalued by 39%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

IIPR Relative Value
Base Case
76.38 USD
Undervaluation 39%
Relative Value
Price
I
Worst Case
Base Case
Best Case

Multiples Across Competitors

IIPR Competitors Multiples
Innovative Industrial Properties Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Innovative Industrial Properties Inc
NYSE:IIPR
1.3B USD 4.7 10.8 7.5 11.5
US
Prologis Inc
NYSE:PLD
129.5B USD 14.7 39 27.1 47.9
AU
Goodman Group
ASX:GMG
59.4B AUD 25.6 35.5 82.8 82.8
UK
SEGRO PLC
LSE:SGRO
10.8B GBP 15.5 17.4 31.7 32.7
SG
ESR-REIT
OTC:CGIUF
12.8B USD 39.3 -147.2 68.9 68.9
SG
Ascendas Real Estate Investment Trust
SGX:A17U
12.5B 0 0 0 0
US
Eastgroup Properties Inc
NYSE:EGP
10.2B USD 14.1 39.5 23.1 40.5
US
Rexford Industrial Realty Inc
NYSE:REXR
8.7B USD 8.7 43.5 16.9 31
US
Lineage Inc
NASDAQ:LINE
8.5B USD 1.6 -62.1 13.7 66.3
MX
Prologis Property Mexico SA de CV
BMV:FIBRAPL14
137.8B MXN 10.9 9.9 17.5 17.5
US
First Industrial Realty Trust Inc
NYSE:FR
7.9B USD 10.9 31.9 21.5 33.7