Gladstone Commercial vs Innovative Industrial Properties
GOOD and IIPR side by side. Figures are trailing twelve months unless noted, from SEC filings and end-of-day prices.
How GOOD and IIPR compare
Innovative Industrial Properties is the larger company, worth 2.6 times as much as Gladstone Commercial ($1.4B against $553M).
On earnings, Innovative Industrial Properties is cheaper: it trades at 11.7× trailing earnings, against 44.0× for Gladstone Commercial.
Gladstone Commercial grew revenue faster over the last twelve months (10.8% versus −8.4% for Innovative Industrial Properties).
Innovative Industrial Properties keeps more of each dollar of sales as profit, with a net margin of 52.3% compared with 14.5% at Gladstone Commercial.
Both pay dividends: Gladstone Commercial yields 10.5% and Innovative Industrial Properties 14.6%.
Innovative Industrial Properties scores higher on the StockData Score (13 against 10 for Gladstone Commercial), which adds up 30 checks on valuation, growth, past performance, financial health and dividends.
Key numbers
A dot marks the better figure where higher or lower is clearly better.
| Metric | GOOD | IIPR |
|---|---|---|
| Size and price | ||
| Market cap | $553M | $1.4B |
| Share price | $11.43 | $52.04 |
| Change, 1 year | 2.1% | 4.9% |
| Change, 5 years | −49.5% | −81.0% |
| Beta (5Y) | 0.80 | 1.10 |
| Employees | 75 | 23 |
| StockData Score | ||
| Total score | 10 | 13 (better) |
| Valuation score | 2 | 6 (better) |
| Growth score | 1 (better) | 0 |
| Performance score | 4 (better) | 3 |
| Health score | 0 | 1 (better) |
| Dividend score | 3 | 3 |
| Valuation | ||
| P/E | 44.0× | 11.7× (better) |
| P/S | 3.3× (better) | 5.4× |
| P/B | 3.5× | 0.8× (better) |
| EV/EBITDA | – | 5.9× |
| Fair value | $11.50 | $73.91 |
| Margin of safety | 0.63% | 29.6% (better) |
| Growth | ||
| Revenue growth (TTM) | 10.8% (better) | −8.4% |
| Revenue growth, 5Y average | 3.9% | 17.9% (better) |
| Net income growth (TTM) | −13.6% | 0.34% (better) |
| EPS growth (TTM) | −27.8% | −4.7% (better) |
| EPS growth, 5Y average | 9.2% (better) | 3.7% |
| Profitability | ||
| Operating margin | – | 51.4% |
| Net margin | 14.5% | 52.3% (better) |
| Return on equity | 14.8% (better) | 7.4% |
| Return on invested capital | – | 6.3% |
| Financial health | ||
| Interest coverage | – | 5.2× |
| Altman Z-score | 0.50 | 1.45 (better) |
| Piotroski F-score | 5 | 5 |
| Dividends and buybacks | ||
| Dividend yield | 10.5% | 14.6% (better) |
| Payout ratio | 282% | 157% |
| Years of dividend growth | 0 | – |
| Dividend growth, 5Y average | −4.4% | – |
| Buyback yield | −4.2% | 3.1% (better) |
| Shareholder yield | 6.3% | 17.7% (better) |
| Ownership | ||
| Held by institutions | 54.7% | 75.8% |
| Held by insiders | 0.21% | 2.1% |
| Insider net buying, 12 months | $180K | $243K (better) |
| Short interest, % of float | – | 15.8% |
Go deeper
- GOOD stock overview
- GOOD income statement
- GOOD valuation and score
- IIPR stock overview
- IIPR income statement
- IIPR valuation and score
For information only, not investment advice. Check the source filings before relying on any figure.