As of 2025-09-06, the Intrinsic Value of Innovative Industrial Properties Inc (IIPR) is 268.95 USD. This IIPR valuation is based on the model Discounted Cash Flows (EBITDA Exit 5Y). With the current market price of 57.30 USD, the upside of Innovative Industrial Properties Inc is 369.40%.
The range of the Intrinsic Value is 222.67 - 300.47 USD
Based on its market price of 57.30 USD and our intrinsic valuation, Innovative Industrial Properties Inc (IIPR) is undervalued by 369.40%.
| Range | Selected | Upside | |
| a | |||
| DCF (Growth 5y) | (47.65) - (18.12) | (23.08) | -140.3% |
| DCF (Growth 10y) | (5.12) - 20.85 | (0.78) | -101.4% |
| DCF (EBITDA 5y) | 222.67 - 300.47 | 268.95 | 369.4% |
| DCF (EBITDA 10y) | 277.50 - 410.67 | 350.79 | 512.2% |
| Fair Value | 122.54 - 122.54 | 122.54 | 113.85% |
| P/E | 53.87 - 120.58 | 82.99 | 44.8% |
| EV/EBITDA | 104.18 - 186.70 | 141.38 | 146.7% |
| EPV | (82.23) - (107.23) | (94.73) | -265.3% |
| DDM - Stable | 61.41 - 300.42 | 180.92 | 215.7% |
| DDM - Multi | 67.35 - 218.36 | 98.91 | 72.6% |
| Market Cap (mil) | 1,605.55 |
| Beta | 0.74 |
| Outstanding shares (mil) | 28.02 |
| Enterprise Value (mil) | 1,795.74 |
| Market risk premium | 4.60% |
| Cost of Equity | 7.53% |
| Cost of Debt | 5.70% |
| WACC | 7.00% |