I

Innovative Industrial Properties Inc
NYSE:IIPR

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Innovative Industrial Properties Inc
NYSE:IIPR
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Price: 71.67 USD -2.7%
Market Cap: 2B USD
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Relative Value

The Relative Value of one IIPR stock under the Base Case scenario is 107.72 USD. Compared to the current market price of 71.67 USD, Innovative Industrial Properties Inc is Undervalued by 33%.

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
107.72 USD
Undervaluation 33%
Relative Value
Price
I
Worst Case
Base Case
Best Case

Valuation Multiples

6.5
P/S
P/S
Price to Sales
6.5
vs History
73
vs Industry
14
Median 3Y
9.8
Median 5Y
14.2
Industry
3.6
Forward
6.4
More Details
12.7
P/E
P/E
Price to Earnings
12.7
vs History
71
vs Industry
24
Median 3Y
18.6
Median 5Y
26.5
Industry
16.7
Forward
12.6
More Details
7.6
P/OCF
P/OCF
Price to OCF
7.6
vs History
74
vs Industry
29
Median 3Y
11.4
Median 5Y
15.6
Industry
10.9
More Details
12.1
P/FCFE
P/FCFE
Price to FCFE
12.1
vs History
22
vs Industry
15
Median 3Y
-4.7
Median 5Y
-5.9
Industry
13.3
More Details
1
P/B
P/B
Price to Book Value
1
vs History
65
vs Industry
18
Median 3Y
1.5
Median 5Y
1.6
Industry
0.8
More Details
7
EV/S
EV/S
Enterprise Value to Sales
7
vs History
76
vs Industry
27
Median 3Y
10.4
Median 5Y
15.4
Industry
6.6
Forward
6.9
More Details
7.7
EV/GP
EV/GP
Enterprise Value to Gross Profit
7.7
vs History
73
vs Industry
44
Median 3Y
11.2
Median 5Y
15.7
Industry
11.9
More Details
8.9
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
8.9
vs History
71
vs Industry
43
Median 3Y
13.1
Median 5Y
17.9
Industry
15.8
Forward
8.8
More Details
12.5
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
12.5
vs History
69
vs Industry
34
Median 3Y
18
Median 5Y
23.5
Industry
19
Forward
12.4
More Details
8.2
EV/OCF
EV/OCF
Enterprise Value to OCF
8.2
vs History
80
vs Industry
46
Median 3Y
12.2
Median 5Y
16.9
Industry
18.5
More Details
11.6
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
11.6
vs History
22
vs Industry
29
Median 3Y
-5.3
Median 5Y
-5
Industry
20.1
More Details
1
EV/IC
EV/IC
Enterprise Value to IC
1
vs History
60
vs Industry
12
Median 3Y
1.3
Median 5Y
1.5
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
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Innovative Industrial Properties Inc
NYSE:IIPR
2B USD 6.5 12.7 8.9 12.5
US
Prologis Inc
NYSE:PLD
95.7B USD 12.1 31.1 23.6 45
AU
Goodman Group
ASX:GMG
69.4B AUD 35 -701.9 131.3 131.3
US
Lineage Inc
NASDAQ:LINE
13.4B USD 1.4 -18.9 8.8 24.4
UK
SEGRO PLC
LSE:SGRO
9.4B GBP 12.7 -935.3 24.9 25.3
SG
Ascendas Real Estate Investment Trust
SGX:A17U
11.2B 0 0 0 0
US
Rexford Industrial Realty Inc
NYSE:REXR
8.4B USD 9.2 31.5 18.8 33.2
US
Eastgroup Properties Inc
NYSE:EGP
7.9B USD 12.7 34.2 21.7 37.9
US
First Industrial Realty Trust Inc
NYSE:FR
6.7B USD 10.3 21.8 21.1 33.6
SG
Mapletree Logistics Trust
SGX:M44U
6.4B 0 0 0 0
SG
Mapletree Industrial Trust
SGX:ME8U
6.2B 0 0 0 0
P/E Multiple
Earnings Growth P/E to Growth
US
I
Innovative Industrial Properties Inc
NYSE:IIPR
Average P/E: 26.2
12.7
N/A N/A
US
Prologis Inc
NYSE:PLD
31.1
0%
N/A
AU
Goodman Group
ASX:GMG
Negative Multiple: -701.9 N/A N/A
US
Lineage Inc
NASDAQ:LINE
Negative Multiple: -18.9 N/A N/A
UK
SEGRO PLC
LSE:SGRO
Negative Multiple: -935.3 N/A N/A
SG
Ascendas Real Estate Investment Trust
SGX:A17U
Not Available
343%
N/A
US
Rexford Industrial Realty Inc
NYSE:REXR
31.5
48%
0.7
US
Eastgroup Properties Inc
NYSE:EGP
34.2
33%
1
US
First Industrial Realty Trust Inc
NYSE:FR
21.8
-15%
N/A
SG
Mapletree Logistics Trust
SGX:M44U
Not Available
20%
N/A
SG
Mapletree Industrial Trust
SGX:ME8U
Not Available
271%
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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