I

Innovative Industrial Properties Inc
NYSE:IIPR

Watchlist Manager
Innovative Industrial Properties Inc
NYSE:IIPR
Watchlist
Price: 70.45 USD -4.36% Market Closed
Market Cap: 2B USD
Have any thoughts about
Innovative Industrial Properties Inc?
Write Note
IIPR
/
Cash Flow Statement
/
Cash from Operating Activities

Innovative Industrial Properties Inc
Cash from Operating Activities

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
|

Innovative Industrial Properties Inc
Cash from Operating Activities Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Cash from Operating Activities CAGR 3Y CAGR 5Y CAGR 10Y
I
Innovative Industrial Properties Inc
NYSE:IIPR
Cash from Operating Activities
$266.7m
CAGR 3-Years
15%
CAGR 5-Years
54%
CAGR 10-Years
N/A
Rexford Industrial Realty Inc
NYSE:REXR
Cash from Operating Activities
$478.6m
CAGR 3-Years
30%
CAGR 5-Years
30%
CAGR 10-Years
35%
Prologis Inc
NYSE:PLD
Cash from Operating Activities
$5.2B
CAGR 3-Years
22%
CAGR 5-Years
19%
CAGR 10-Years
24%
Eastgroup Properties Inc
NYSE:EGP
Cash from Operating Activities
$400.8m
CAGR 3-Years
16%
CAGR 5-Years
16%
CAGR 10-Years
13%
First Industrial Realty Trust Inc
NYSE:FR
Cash from Operating Activities
$318.9m
CAGR 3-Years
9%
CAGR 5-Years
5%
CAGR 10-Years
9%
Lineage Inc
NASDAQ:LINE
Cash from Operating Activities
$795.1m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
No Stocks Found

Innovative Industrial Properties Inc
Glance View

Market Cap
2B USD
Industry
Real Estate
Economic Moat
None

Innovative Industrial Properties Inc. (IIPR) emerged in the rapidly evolving landscape of the cannabis industry, taking advantage of a niche that marries the complex world of real estate investment with the burgeoning demand for medical cannabis facilities. Founded in 2016, the company established itself as a real estate investment trust (REIT), focusing exclusively on the acquisition, ownership, and management of specialized properties leased to state-licensed operators for their regulated medical-use cannabis facilities. This strategic focus enabled IIPR to tap into the expanding cannabis market, capitalizing on the industry's explosive growth while maintaining a solid footing in the real estate domain. The company’s method involves purchasing properties for cash and leasing them back to the cannabis operators under long-term, triple-net leases, effectively minimizing operational liabilities and ensuring consistent revenue flow. What sets IIPR apart is its adeptness in navigating the intricate regulatory framework that surrounds the cannabis industry, especially in the United States, where cannabis legality varies dramatically from state to state. By positioning itself as a funding source for cash-strapped cannabis operators who often struggle to find financing due to federal restrictions, IIPR provides essential capital that operators need to expand operations, update facilities, and meet rising demand. Its business model ensures a steady income stream through lease agreements while enjoying the benefits of property appreciation. Furthermore, these leases include annual rent escalations, contributing to the growth in rental income over time. Thus, IIPR’s business success hinges on its dual role as both a financial partner to the cannabis sector and a prudent real estate manager, exemplifying a distinctive approach to merging two dynamic industries.

IIPR Intrinsic Value
92.41 USD
Undervaluation 24%
Intrinsic Value
Price
I
What is Intrinsic Value?

See Also

What is Innovative Industrial Properties Inc's Cash from Operating Activities?
Cash from Operating Activities
266.7m USD

Based on the financial report for Sep 30, 2024, Innovative Industrial Properties Inc's Cash from Operating Activities amounts to 266.7m USD.

What is Innovative Industrial Properties Inc's Cash from Operating Activities growth rate?
Cash from Operating Activities CAGR 5Y
54%

Over the last year, the Cash from Operating Activities growth was 9%. The average annual Cash from Operating Activities growth rates for Innovative Industrial Properties Inc have been 15% over the past three years , 54% over the past five years .

Back to Top
ALPHA SPREAD
Follow us
Join more than 210,500+ value investors using Alpha Spread
Create a free account
or see our plans & pricing

Company

About Us Careers Pricing Affiliate Program Terms of Service Privacy Policy

Help

What is Intrinsic Value? Help Center Contact Us

Tools

Stock Screener Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Stocks

Most Undervalued Stocks Wide Economic Moat Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2024 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.