I

Innovative Industrial Properties Inc
NYSE:IIPR

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Innovative Industrial Properties Inc
NYSE:IIPR
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Price: 56.76 USD -3.63% Market Closed
Market Cap: 1.6B USD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one IIPR stock under the Base Case scenario is 93.27 USD. Compared to the current market price of 56.76 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
93.27 USD
Undervaluation 39%
Relative Value
Price
I
Worst Case
Base Case
Best Case

Valuation Multiples

5.3
P/S
P/S
Price to Sales
5.3
vs History
93
vs Industry
32
Median 3Y
8
Median 5Y
10.3
Industry
3.7
Forward
5.8
More Details
10.8
P/E
P/E
Price to Earnings
10.8
vs History
90
vs Industry
39
Median 3Y
15.2
Median 5Y
19.4
Industry
16.5
Forward
12.6
More Details
6.7
P/OCF
P/OCF
Price to OCF
6.7
vs History
92
vs Industry
48
Median 3Y
9.3
Median 5Y
11.5
Industry
10.9
More Details
12
P/FCFE
P/FCFE
Price to FCFE
12
vs History
28
vs Industry
27
Median 3Y
11.8
Median 5Y
-4.1
Industry
13
More Details
0.8
P/B
P/B
Price to Book Value
0.8
vs History
92
vs Industry
37
Median 3Y
1.1
Median 5Y
1.4
Industry
0.9
More Details
5.8
EV/S
EV/S
Enterprise Value to Sales
5.8
vs History
93
vs Industry
45
Median 3Y
8.6
Median 5Y
11.1
Industry
6.6
Forward
6.3
More Details
6.4
EV/GP
EV/GP
Enterprise Value to Gross Profit
6.4
vs History
93
vs Industry
62
Median 3Y
9.3
Median 5Y
11.7
Industry
12.1
More Details
7.4
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
7.4
vs History
93
vs Industry
59
Median 3Y
10.8
Median 5Y
13.3
Industry
15.8
Forward
8.6
More Details
10.5
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
10.5
vs History
93
vs Industry
52
Median 3Y
14.4
Median 5Y
18.1
Industry
18.9
Forward
13.1
More Details
7.4
EV/OCF
EV/OCF
Enterprise Value to OCF
7.4
vs History
93
vs Industry
56
Median 3Y
10.3
Median 5Y
12.7
Industry
18.4
More Details
11.1
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
11.1
vs History
28
vs Industry
44
Median 3Y
11
Median 5Y
-4.4
Industry
20
More Details
0.8
EV/IC
EV/IC
Enterprise Value to IC
0.8
vs History
92
vs Industry
31
Median 3Y
1
Median 5Y
1.3
Industry
0.7
More Details

Multiples Across Competitors

IIPR Competitors Multiples
Innovative Industrial Properties Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Innovative Industrial Properties Inc
NYSE:IIPR
1.6B USD 5.3 10.8 7.4 10.5
US
Prologis Inc
NYSE:PLD
97.1B USD 11.6 26 22.1 39.6
AU
Goodman Group
ASX:GMG
66.2B AUD 29.4 71.8 153.8 153.8
SG
ESR-REIT
OTC:CGIUF
13.3B USD 46 -115 84.7 84.7
UK
SEGRO PLC
LSE:SGRO
9.3B GBP 13.8 15.7 29.2 29.9
SG
Ascendas Real Estate Investment Trust
SGX:A17U
11.6B 0 0 0 0
US
Lineage Inc
NASDAQ:LINE
10B USD 1.9 -16.2 13.9 56.3
US
Eastgroup Properties Inc
NYSE:EGP
8.8B USD 13.3 38.4 22 38.5
US
Rexford Industrial Realty Inc
NYSE:REXR
8.5B USD 8.7 31 16.8 29.8
US
STAG Industrial Inc
NYSE:STAG
6.6B USD 8.4 27.2 16.8 34.7
US
First Industrial Realty Trust Inc
NYSE:FR
6.4B USD 9.4 24.1 19.9 31.2
P/E Multiple
Earnings Growth PEG
US
I
Innovative Industrial Properties Inc
NYSE:IIPR
Average P/E: 30.6
10.8
N/A N/A
US
Prologis Inc
NYSE:PLD
26
-7%
N/A
AU
Goodman Group
ASX:GMG
71.8
N/A N/A
SG
ESR-REIT
OTC:CGIUF
Negative Multiple: -115 N/A N/A
UK
SEGRO PLC
LSE:SGRO
15.7
-2%
N/A
SG
Ascendas Real Estate Investment Trust
SGX:A17U
Not Available
-1%
N/A
US
Lineage Inc
NASDAQ:LINE
Negative Multiple: -16.2 N/A N/A
US
Eastgroup Properties Inc
NYSE:EGP
38.4
9%
4.3
US
Rexford Industrial Realty Inc
NYSE:REXR
31
6%
5.2
US
STAG Industrial Inc
NYSE:STAG
27.2
12%
2.3
US
First Industrial Realty Trust Inc
NYSE:FR
24.1
-3%
N/A

See Also

Summary
IIPR intrinsic value, competitors valuation, and company profile.
DCF Valuation
IIPR stock valuation using Discount Cash Flow valuation method.
Relative Valuation
IIPR stock valuation using valuation multiples.
Wall Street Estimates
IIPR price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
IIPR stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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