Innovative Industrial Properties Preferred Stock Fundamentals
| IIPR-PA Preferred Stock | USD 26.27 0.19 0.72% |
Innovative Industrial Properties fundamentals help investors to digest information that contributes to Innovative Industrial's financial success or failures. It also enables traders to predict the movement of Innovative Preferred Stock. The fundamental analysis module provides a way to measure Innovative Industrial's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Innovative Industrial preferred stock.
Innovative |
Innovative Industrial Properties Company Beta Analysis
Innovative Industrial's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Innovative Industrial Beta | 1.65 |
Most of Innovative Industrial's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Innovative Industrial Properties is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Innovative Industrial Properties has a Beta of 1.6489. This is 129.01% higher than that of the Real Estate sector and 161.73% higher than that of the REIT - Industrial industry. The beta for all United States preferred stocks is notably lower than that of the firm.
Innovative Industrial Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Innovative Industrial's current stock value. Our valuation model uses many indicators to compare Innovative Industrial value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Innovative Industrial competition to find correlations between indicators driving Innovative Industrial's intrinsic value. More Info.Innovative Industrial Properties is currently regarded as number one stock in price to earning category among its peers. It also is currently regarded as number one stock in price to sales category among its peers fabricating about 0.12 of Price To Sales per Price To Earning. The ratio of Price To Earning to Price To Sales for Innovative Industrial Properties is roughly 8.13 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Innovative Industrial by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Innovative Industrial's Preferred Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Innovative Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Innovative Industrial's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the preferred stocks which would be a good addition to a portfolio. Peer analysis of Innovative Industrial could also be used in its relative valuation, which is a method of valuing Innovative Industrial by comparing valuation metrics of similar companies.Innovative Industrial is currently under evaluation in beta category among its peers.
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Innovative Industrial will likely underperform.
Innovative Fundamentals
| Return On Equity | 0.0814 | ||||
| Return On Asset | 0.0452 | ||||
| Profit Margin | 0.53 % | ||||
| Operating Margin | 0.62 % | ||||
| Current Valuation | 1.12 B | ||||
| Shares Outstanding | 9.78 M | ||||
| Price To Earning | 30.77 X | ||||
| Price To Sales | 3.78 X | ||||
| Revenue | 204.55 M | ||||
| Gross Profit | 200.11 M | ||||
| EBITDA | 172.15 M | ||||
| Net Income | 113.99 M | ||||
| Cash And Equivalents | 59.22 M | ||||
| Cash Per Share | 6.04 X | ||||
| Total Debt | 326.09 M | ||||
| Debt To Equity | 49.60 % | ||||
| Current Ratio | 9.91 X | ||||
| Book Value Per Share | 69.81 X | ||||
| Cash Flow From Operations | 188.75 M | ||||
| Earnings Per Share | 4.83 X | ||||
| Number Of Employees | 22 | ||||
| Beta | 1.65 | ||||
| Market Capitalization | 958.81 M | ||||
| Total Asset | 2.08 B | ||||
| Z Score | 1.2 | ||||
| Annual Yield | 0.08 % | ||||
| Net Asset | 2.08 B | ||||
| Last Dividend Paid | 6.8 |
About Innovative Industrial Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Innovative Industrial Properties's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Innovative Industrial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Innovative Industrial Properties based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Innovative Industrial Properties, Inc. is a self-advised Maryland corporation focused on the acquisition, ownership and management of specialized industrial properties leased to experienced, state-licensed operators for their regulated medical-use cannabis facilities. Innovative Industrial Properties, Inc. has elected to be taxed as a real estate investment trust, commencing with the year ended December 31, 2017. Innovative Industrial operates under REIT - Industrial classification in USA and is traded on New York Stock Exchange. It employs 7 people.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Innovative Preferred Stock
Innovative Industrial financial ratios help investors to determine whether Innovative Preferred Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Innovative with respect to the benefits of owning Innovative Industrial security.