What is Innovative Industrial Properties Price-to-Free-Cash-Flow?
As of today (2024-04-24), Innovative Industrial Properties's share price is $98.69.
Innovative Industrial Properties's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $9.04. Hence, Innovative Industrial Properties's Price-to-Free-Cash-Flow Ratio for today is 10.91.
The historical rank and industry rank for Innovative Industrial Properties's Price-to-Free-Cash-Flow or its related term are showing as below:
IIPR'
s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 7.95 Med: 20.63 Max: 53.21
Current: 10.96
During the past 8 years, Innovative Industrial Properties's highest Price-to-Free-Cash-Flow Ratio was 53.21. The lowest was 7.95. And the median was 20.63.
IIPR's Price-to-Free-Cash-Flow is ranked better than 58.14% of 700
companies
in the REITs industry
Industry Median: 12.11
vs IIPR: 10.96
Innovative Industrial Properties's Free Cash Flow per Share for the
three
months ended in Dec. 2023 was $2.34.
Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was $9.04.
During the past 12 months, the average Free Cash Flow per Share Growth Rate of Innovative Industrial Properties was 6.90% per year.
During the past 3 years, the average Free Cash Flow per Share Growth Rate was 16.90% per year.
During the past 5 years, the average Free Cash Flow per Share Growth Rate was 31.20% per year.
During the past 8 years, Innovative Industrial Properties's highest 3-Year average Free Cash Flow per Share Growth Rate was 49.40% per year. The lowest was 16.90% per year. And the median was 26.30% per year.
Innovative Industrial Properties Price-to-Free-Cash-Flow Historical Data
The historical data trend for Innovative Industrial Properties's Price-to-Free-Cash-Flow can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Innovative Industrial Properties's Price-to-Free-Cash-Flow
For the REIT - Industrial subindustry, Innovative Industrial Properties's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Innovative Industrial Properties's Price-to-Free-Cash-Flow Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Innovative Industrial Properties's Price-to-Free-Cash-Flow distribution charts can be found below:
* The bar in red indicates where Innovative Industrial Properties's Price-to-Free-Cash-Flow falls into.
Innovative Industrial Properties's Share Price of today is $98.69.
Innovative Industrial Properties's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $9.04.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
It can also be calculated from the numbers for the whole company:
Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.
In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.
Be Aware
In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.
Innovative Industrial Properties Price-to-Free-Cash-Flow Related Terms
Thank you for viewing the detailed overview of Innovative Industrial Properties's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.
Innovative Industrial Properties (Innovative Industrial Properties) Business Description
Innovative Industrial Properties Inc is a real estate investment trust engaged in the acquisition, ownership, and management of specialized industrial properties leased to state-licensed operators for their regulated medical-use cannabis facilities. It conducts its business through a traditional umbrella partnership real estate investment trust, or UPREIT structure, in which properties are owned by Operating Partnership, directly or through subsidiaries. Its property portfolio is spread across the United States.
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