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 | — | — | — |
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) |
|---|---|---|---|---|---|
| 2017 | $6.4m | $-395.0k | $2.0m | -6.2% | $-0.02 |
| 2018 | $14.8m (130.3%) | $5.6m (1526.1%) | $15.7m (678.8%) | 38.1% (719.2%) | $0.98 (4686.8%) |
| 2019 | $44.7m (202.1%) | $22.1m (292.7%) | $44.9m (186.3%) | 49.5% (30.0%) | $2.23 (127.5%) |
| 2020 | $116.9m (161.7%) | $64.4m (191.0%) | $110.8m (146.6%) | 55.1% (11.2%) | $3.38 (51.9%) |
| 2021 | $204.6m (75.0%) | $112.6m (75.0%) | $188.7m (70.3%) | 55.1% (-0.0%) | $4.77 (41.1%) |
| 2022 | $276.4m (35.1%) | $153.0m (35.9%) | $234.1m (24.0%) | 55.4% (0.6%) | $5.65 (18.4%) |
| 2023 | $309.5m (12.0%) | $164.2m (7.3%) | $255.5m (9.1%) | 53.1% (-4.2%) | $5.92 (4.8%) |
| 2024 | $308.5m (-0.3%) | $159.9m (-2.7%) | $258.4m (1.1%) | 51.8% (-2.4%) | $5.73 (-3.2%) |
| 2025 | $266.0m (-13.8%) | $114.4m (-28.4%) | $198.2m (-23.3%) | 43.0% (-17.0%) | $4.22 (-26.3%) |
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.