INNOVATIVE INDUSTRIAL PROPERTIES INC logo

INNOVATIVE INDUSTRIAL PROPERTIES INC (IIPR)

Real Estate ยท Real Estate ยท $1.7B

undervalued
Intrinsic Value (Consensus)
$70.03
Current Price
$59.60
Margin of Safety
+17.5%
17.5% Below Intrinsic Value
Value: $70
Price: $60

Valuation Model Estimates

Current Price: $59.60
DCF (Discounted Cash Flow)
$87.40
Graham Number
$75.97
Earnings Power Value
$38.16
Relative Value (P/E)
$78.60
Dividend Discount Model
$22.89
Consensus Value
$70.03

Model Assumptions

Discount Rate
10.3%
Growth Rate
2.0%
Terminal Growth
2.5%
Risk-Free Rate
4.3%

Discount rate derived from CAPM (risk-free rate + beta ร— market risk premium). Growth rate based on trailing earnings growth, capped at 20%.

Health Score

C
62
Profitability
15/25
Strength
24/25
Valuation
19/25
Growth
4/25

Financial Health Signals

Declining revenue โ€” top line is shrinking
Low debt โ€” conservative balance sheet
High free cash flow yield (11.6%) โ€” generating lots of cash relative to price

Key Financials

EPS (TTM)
$3.93
EPS (Forward)
$4.01
Book Value
$65.27
P/E Ratio
20.0
Forward P/E
19.6
PEG Ratio
โ€”
ROE
6.4%
Debt/Equity
21%
Revenue Growth
-13.8%
Earnings Growth
2.0%
Dividend Yield
2.4%
Beta
1.00

Data last updated: 2026-06-16

Source: Yahoo Finance