(IIPR) Innovative Industrial - Ratings and Ratios
Rental,Properties,Lease,Cannabis,Assets
IIPR EPS (Earnings per Share)
IIPR Revenue
Description: IIPR Innovative Industrial
Innovative Industrial Properties Inc (NYSE:IIPR) is a US-based Industrial REIT, a specialized real estate investment trust that focuses on a specific niche. The companys business model is centered around leasing properties to tenants in the industrial sector, providing a steady stream of rental income.
To assess IIPRs performance, key metrics such as Funds From Operations (FFO) and Adjusted Funds From Operations (AFFO) are crucial, as they provide insights into the companys ability to generate cash from its operations. A growing FFO and AFFO would indicate a healthy and sustainable business model. Additionally, the companys debt-to-equity ratio and interest coverage ratio are important indicators of its financial health and ability to meet its obligations.
The Industrial REITs sector is influenced by various economic drivers, including GDP growth, industrial production, and demand for logistics and warehouse space. As e-commerce continues to grow, the demand for industrial properties is likely to remain strong, driving rental income and property valuations. IIPRs exposure to this trend is a key factor in its potential for long-term growth.
From a valuation perspective, IIPRs Price-to-FFO ratio is a relevant metric, as it provides a more accurate picture of the companys valuation compared to the traditional P/E ratio. A lower Price-to-FFO ratio may indicate undervaluation, while a higher ratio could suggest overvaluation. Furthermore, the companys dividend yield is also an important consideration, as it provides a return on investment for shareholders.
To evaluate IIPRs future prospects, its essential to monitor its occupancy rates, rental growth, and property portfolio diversification. A high occupancy rate and growing rents are indicative of a well-managed portfolio, while a diversified portfolio reduces the companys exposure to specific tenants or geographic regions.
IIPR Stock Overview
| Market Cap in USD | 1,505m |
| Sub-Industry | Industrial REITs |
| IPO / Inception | 2016-12-01 |
IIPR Stock Ratings
| Growth Rating | -62.4% |
| Fundamental | 60.4% |
| Dividend Rating | 93.0% |
| Return 12m vs S&P 500 | -60.2% |
| Analyst Rating | 3.0 of 5 |
IIPR Dividends
| Dividend Yield 12m | 14.24% |
| Yield on Cost 5y | 8.96% |
| Annual Growth 5y | 13.89% |
| Payout Consistency | 100.0% |
| Payout Ratio | 1.7% |
IIPR Growth Ratios
| Growth Correlation 3m | 62% |
| Growth Correlation 12m | -69.1% |
| Growth Correlation 5y | -69.6% |
| CAGR 5y | -11.11% |
| CAGR/Max DD 3y (Calmar Ratio) | -0.18 |
| CAGR/Mean DD 3y (Pain Ratio) | -0.39 |
| Sharpe Ratio 12m | -0.09 |
| Alpha | -77.65 |
| Beta | 1.663 |
| Volatility | 35.85% |
| Current Volume | 277.5k |
| Average Volume 20d | 285.2k |
| Stop Loss | 51.2 (-4.1%) |
| Signal | -0.62 |
Piotroski VR‑10 (Strict, 0-10) 7.0
| Net Income (137.3m TTM) > 0 and > 6% of Revenue (6% = 17.3m TTM) |
| FCFTA 0.10 (>2.0%) and ΔFCFTA 0.98pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue -7.81% (prev 4.21%; Δ -12.02pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.10 (>3.0%) and CFO 225.4m > Net Income 137.3m (YES >=105%, WARN >=100%) |
| Net Debt (190.2m) to EBITDA (225.3m) ratio: 0.84 <= 3.0 (WARN <= 3.5) |
| Current Ratio 0.82 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (28.3m) change vs 12m ago -0.89% (target <= -2.0% for YES) |
| Gross Margin 89.88% (prev 85.85%; Δ 4.03pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 12.28% (prev 13.10%; Δ -0.82pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 9.23 (EBITDA TTM 225.3m / Interest Expense TTM 16.5m) >= 6 (WARN >= 3) |
Altman Z'' -0.66
| (A) -0.01 = (Total Current Assets 99.7m - Total Current Liabilities 122.1m) / Total Assets 2.31b |
| (B) -0.11 = Retained Earnings (Balance) -264.4m / Total Assets 2.31b |
| (C) 0.06 = EBIT TTM 152.3m / Avg Total Assets 2.34b |
| (D) -0.62 = Book Value of Equity -264.4m / Total Liabilities 424.6m |
| Total Rating: -0.66 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 60.35
| 1. Piotroski 7.0pt = 2.0 |
| 2. FCF Yield 13.29% = 5.0 |
| 3. FCF Margin 78.28% = 7.50 |
| 4. Debt/Equity 0.15 = 2.49 |
| 5. Debt/Ebitda 0.84 = 1.97 |
| 6. ROIC - WACC (= -3.39)% = -4.23 |
| 7. RoE 7.15% = 0.60 |
| 8. Rev. Trend -20.11% = -1.51 |
| 9. EPS Trend -69.35% = -3.47 |
What is the price of IIPR shares?
Over the past week, the price has changed by -4.35%, over one month by -1.27%, over three months by +1.56% and over the past year by -53.86%.
Is Innovative Industrial a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of IIPR is around 48.29 USD . This means that IIPR is currently overvalued and has a potential downside of -9.54%.
Is IIPR a buy, sell or hold?
- Strong Buy: 1
- Buy: 1
- Hold: 2
- Sell: 1
- Strong Sell: 1
What are the forecasts/targets for the IIPR price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 57 | 6.8% |
| Analysts Target Price | 57 | 6.8% |
| ValueRay Target Price | 54.8 | 2.6% |
Last update: 2025-10-20 03:54
IIPR Fundamental Data Overview
P/E Trailing = 11.6004
P/E Forward = 14.0449
P/S = 5.2282
P/B = 0.8609
Beta = 1.663
Revenue TTM = 287.9m USD
EBIT TTM = 152.3m USD
EBITDA TTM = 225.3m USD
Long Term Debt = 289.9m USD (from longTermDebt, last quarter)
Short Term Debt = unknown (none)
Debt = 289.9m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 190.2m USD (from netDebt column, last quarter)
Enterprise Value = 1.70b USD (1.51b + Debt 289.9m - CCE 99.7m)
Interest Coverage Ratio = 9.23 (Ebit TTM 152.3m / Interest Expense TTM 16.5m)
FCF Yield = 13.29% (FCF TTM 225.4m / Enterprise Value 1.70b)
FCF Margin = 78.28% (FCF TTM 225.4m / Revenue TTM 287.9m)
Net Margin = 47.71% (Net Income TTM 137.3m / Revenue TTM 287.9m)
Gross Margin = 89.88% ((Revenue TTM 287.9m - Cost of Revenue TTM 29.1m) / Revenue TTM)
Gross Margin QoQ = 89.08% (prev 89.71%)
Tobins Q-Ratio = 0.74 (Enterprise Value 1.70b / Total Assets 2.31b)
Interest Expense / Debt = 1.53% (Interest Expense 4.44m / Debt 289.9m)
Taxrate = -1.12% (negative due to tax credits) (-1.80m / 161.7m)
NOPAT = 154.0m (EBIT 152.3m * (1 - -1.12%)) [negative tax rate / tax credits]
Current Ratio = 0.82 (Total Current Assets 99.7m / Total Current Liabilities 122.1m)
Debt / Equity = 0.15 (Debt 289.9m / totalStockholderEquity, last quarter 1.88b)
Debt / EBITDA = 0.84 (Net Debt 190.2m / EBITDA 225.3m)
Debt / FCF = 0.84 (Net Debt 190.2m / FCF TTM 225.4m)
Total Stockholder Equity = 1.92b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.96% (Net Income 137.3m / Total Assets 2.31b)
RoE = 7.15% (Net Income TTM 137.3m / Total Stockholder Equity 1.92b)
RoCE = 6.89% (EBIT 152.3m / Capital Employed (Equity 1.92b + L.T.Debt 289.9m))
RoIC = 7.04% (NOPAT 154.0m / Invested Capital 2.19b)
WACC = 10.43% (E(1.51b)/V(1.79b) * Re(12.14%) + D(289.9m)/V(1.79b) * Rd(1.53%) * (1-Tc(-0.01)))
Discount Rate = 12.14% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 0.07%
[DCF Debug] Terminal Value 65.59% ; FCFE base≈219.1m ; Y1≈228.1m ; Y5≈262.4m
Fair Price DCF = 90.71 (DCF Value 2.54b / Shares Outstanding 28.0m; 5y FCF grow 4.34% → 3.0% )
EPS Correlation: -69.35 | EPS CAGR: -59.11% | SUE: -4.0 | # QB: 0
Revenue Correlation: -20.11 | Revenue CAGR: -4.26% | SUE: -0.48 | # QB: 0
Additional Sources for IIPR Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle