NYSE
IIPR
Last Price
US $63.36
KEY FIGURES
MKT CAP
$1.8B
EPS
TTM
$4.29
PEG
TTM
N/M
P/E
TTM
15.77x
P/S
TTM
6.86x
YIELD
12.08%
GROWTH
Revenue Y/Y
17.87%
(FY vs FY)
EBITDA Y/Y
Cash Flow (DCF)
Fair Value
Market $63.36
—
Default assumptions
EBITDA Multiple
Fair Value
Market $63.36
-37.45%
Default assumptions
Valuation
Financial
Performance
Financial stability - Cash flow debt coverage.
Innovative Industrial Properties, Inc. cash flow to debt ratio of 50.34% indicates that the company generates enough cash to cover its debts. This level indicates strong financial health.
Financial risk - Healthy cash flow growth.
Innovative Industrial Properties, Inc.'s free cash flow has decreased -32.38% from $258.45M last year to $174.76M, signaling decreasing performance
Financial stability - Healthy debt to equity ratio.
Innovative Industrial Properties, Inc.'s debt to equity ratio is 0.19, which means that the company's assets are healthy financed, signaling financial stability. READ MORE: A ratio under 0.60 means the company finances its assets with own equity, signaling financial stability and good management.
Financial risk - Healthy debt to equity ratio development.
Innovative Industrial Properties, Inc.'s debt has increased relative to shareholder equity from 0.15 last year to 0.19 today, signaling weakened financials
Financial stability - Net debt/EBITDA.
Innovative Industrial Properties, Inc. has a net debt to EBITDA ratio of 1.66x, which is below the 3.00x threshold, indicating healthy leverage and financial stability
Financial stability - ICR.
Innovative Industrial Properties, Inc.'s interest coverage ratio of 5.56 indicates that earnings with good margin can cover interest payments on company debt
Financial risk - Profit margin growth.
Innovative Industrial Properties, Inc.'s profit margin has decreased (-13.01%) in the last year from 52.40% to 45.58%, signaling decreasing performance
Financial risk - Short term assets vs short term liabilities.
Innovative Industrial Properties, Inc.'s short-term liabilities of $319.26M exceed its short-term assets of $47.60M, signaling financial risk
Increasing performance - ROA.
Innovative Industrial Properties, Inc.'s return on assets of 5.01% is higher than the 5.00% threshold, indicating efficient asset utilization
Decreasing performance - Absolute return on equity.
Innovative Industrial Properties, Inc.'s return on equity of 6.41%, is lower than 15.00%, indicating bad performance
Increasing performance - Earnings quality.
Innovative Industrial Properties, Inc.'s operating cash flow exceeds its net income, indicating high-quality earnings backed by actual cash generation
Increasing performance - Earnings stability.
Innovative Industrial Properties, Inc. had positive net income in 5.00 out of 5 years, indicating stable and consistent earnings
Increasing performance - Free cash flow.
Innovative Industrial Properties, Inc. has positive free cash flow, indicating the company generates cash after capital expenditures
Increasing performance - FCF yield.
Innovative Industrial Properties, Inc. has a free cash flow yield of 9.58%, which is above the 2.00% threshold, indicating strong cash generation relative to market value
Decreasing performance - Healthy earnings growth.
Innovative Industrial Properties, Inc.'s yearly earnings has decreased -29.21% since last year from $161.66M to $114.44M, signaling decreasing performance
Decreasing performance - Healthy revenue growth.
Innovative Industrial Properties, Inc.'s yearly revenue has decreased -13.80% since last year from $308.52M to $265.95M, signaling decreasing performance
Increasing performance - ROIC.
ROIC 129.07% (Source: FMP key-metrics). At or above the 10% threshold. Score: 2 of 2. The company is generating returns above the upper end of the typical US weighted-average cost of capital range under this definition of invested capital.
Decreasing performance - 3-year revenue CAGR.
Innovative Industrial Properties, Inc.'s 3-year revenue CAGR of -1.27% is negative, indicating declining revenue over the past 3 years
Increasing performance - Revenue consistency.
Innovative Industrial Properties, Inc. had revenue growth in 3.00 out of 5 years, indicating consistent revenue performance
Increasing performance - ROE consistency.
Innovative Industrial Properties, Inc. had positive ROE in 5.00 out of 5 years, indicating consistent and reliable returns on equity
Overvalued - DCF valuation.
Innovative Industrial Properties, Inc. has insufficient data to evaluate this check.
Undervalued - Earnings yield.
Innovative Industrial Properties, Inc. has an earnings yield of 6.81%, which is above the 4.00% threshold, indicating the stock offers reasonable value relative to its earnings
Overvalued - EBITDA valuation.
Innovative Industrial Properties, Inc. is overvalued relative to its fair value price of 39.63 based on EBITDA multiple model
Undervalued - EV/EBITDA.
Innovative Industrial Properties, Inc. has an EV/EBITDA ratio of 9.71x, which is below the 20.00x threshold, indicating reasonable valuation relative to its operating earnings
Overvalued - PEG ratio value.
Innovative Industrial Properties, Inc. has negative trailing-twelve-month earnings; this ratio is not meaningful and the check fails
Undervalued - P/B ratio.
Innovative Industrial Properties, Inc. has a price-to-book ratio of 0.93x, which is below the 5.00x threshold, indicating reasonable valuation relative to its book value
Undervalued - P/S ratio.
Innovative Industrial Properties, Inc. has a price-to-sales ratio of 6.93x, which is below the 8.00x threshold, indicating reasonable valuation relative to its revenue
Profit margin
Current Ratio
Capital Returns
6.41%
Return on equity
ROIC: 129.07%
Valuation History
15.8X
Price to Earnings
EV/EBITDA: 9.7X
Cash flow
Profit margin
15.80%
(FY vs FY)
Cash flow Y/Y
-
(FY vs FY)
EARNINGS FV (GRAHAM)
Fair Value
Market $63.36
—
Default assumptions
Base valuations use default assumptions. Customize in the Valuator.