Discounted Cash Flow
Innovative Industrial Properties Inc. REIT
—
—
Average annual growth rates
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
| Dividends | — | — | — |
Endpoint CAGR (better for long term trend)
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Projected growth rate
—
—
%
%
Historical inputs (10 fiscal years)
| YEAR | Sales | Net Income | Free Cash Flow | Net Margin | EPS (diluted) |
|---|---|---|---|---|---|
| 2016 | $321.0k | $-4.4m | $1.7m | -1368.2% | $-4.56 |
| 2017 | $6.4m (1900.0%) | $-72.0k (98.4%) | $-72.0k (-104.3%) | -1.1% (99.9%) | $-0.13 (97.1%) |
| 2018 | $14.8m (130.3%) | $7.0m (9801.4%) | $15.7m (21895.8%) | 47.2% (4312.0%) | $0.76 (684.6%) |
| 2019 | $44.7m (202.1%) | $23.5m (236.1%) | $44.9m (186.3%) | 52.6% (11.3%) | $2.06 (171.1%) |
| 2020 | $116.9m (161.7%) | $65.7m (180.0%) | $110.8m (146.6%) | 56.2% (7.0%) | $3.28 (59.2%) |
| 2021 | $204.6m (75.0%) | $114.0m (73.4%) | $188.7m (70.3%) | 55.7% (-0.9%) | $4.69 (43.0%) |
| 2022 | $276.4m (35.1%) | $154.4m (35.4%) | $234.1m (24.0%) | 55.9% (0.2%) | $5.57 (18.8%) |
| 2023 | $309.5m (12.0%) | $165.6m (7.3%) | $255.5m (9.1%) | 53.5% (-4.2%) | $5.82 (4.5%) |
| 2024 | $308.5m (-0.3%) | $161.7m (-2.4%) | $258.4m (1.1%) | 52.4% (-2.1%) | $5.58 (-4.1%) |
| 2025 | $266.0m (-13.8%) | $114.4m (-29.2%) | $198.2m (-23.3%) | 43.0% (-17.9%) | $3.98 (-28.7%) |
Base FCF: — (latest fiscal year)
Discount rate: % —
Terminal growth: —
Projection period: — years
Alt A decline yrs:
Alt B total yrs:
Projected cash flows
| Year | Projected cash flow | Discount Factor | Present Value |
|---|
PV of projected FCF: —
Terminal FCF: —
Terminal value: —
PV of terminal value: —
Enterprise value (DCF): —
Current price: —
—Alternative DCF Models
| Model | Fair Value | Upside | PV(FCFs) | PV(Terminal) | Total Years |
|---|---|---|---|---|---|
| Standard (10yr→TV) | — | — | — | — | 10 + TV |
| Alt A (Gradual Decline) | — | — | — | — | — |
| Alt B (30yr Hard Stop) | — | — | — | N/A | — |
This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.