CubeSmart (CUBE)vsInnovative Industrial Properties Inc (IIPR)
CUBE
CubeSmart
$40.66
+0.78%
REAL ESTATE · Cap: $9.24B
IIPR
Innovative Industrial Properties Inc
$61.19
+0.27%
REAL ESTATE · Cap: $1.77B
Smart Verdict
WallStSmart Research — data-driven comparison
CubeSmart generates 331% more annual revenue ($1.13B vs $263.23M). IIPR leads profitability with a 45.6% profit margin vs 28.9%. IIPR trades at a lower P/E of 15.6x. IIPR earns a higher WallStSmart Score of 54/100 (C-).
CUBE
Hold49
out of 100
Grade: D+
IIPR
Buy54
out of 100
Grade: C-
Intrinsic Value Comparison
Multi-model valuation · Graham Formula
Margin of Safety
+26.9%
Fair Value
$52.85
Current Price
$40.66
$12.20 discount
Intrinsic value data unavailable for IIPR.
Key Strengths & Concerns
Side-by-side fundamental analysis
Key Strengths
Strong operational efficiency at 40.3%
Keeps 29 of every $100 in revenue as profit
Reasonable price relative to book value
Keeps 46 of every $100 in revenue as profit
Strong operational efficiency at 49.8%
Conservative balance sheet, low leverage
Attractively priced relative to earnings
Areas to Watch
Moderate valuation
3.3% revenue growth
Elevated debt levels
Weak financial health signals
0.0% earnings growth
Smaller company, higher risk/reward
ROE of 6.3% — below average capital efficiency
Weak financial health signals
Comparative Analysis Report
WallStSmart ResearchBull Case : CUBE
The strongest argument for CUBE centers on Operating Margin, Profit Margin. Profitability is solid with margins at 28.9% and operating margin at 40.3%.
Bull Case : IIPR
The strongest argument for IIPR centers on Price/Book, Profit Margin, Operating Margin. Profitability is solid with margins at 45.6% and operating margin at 49.8%.
Bear Case : CUBE
The primary concerns for CUBE are P/E Ratio, Revenue Growth, Debt/Equity.
Bear Case : IIPR
The primary concerns for IIPR are EPS Growth, Market Cap, Return on Equity.
Key Dynamics to Monitor
CUBE profiles as a value stock while IIPR is a declining play — different risk/reward profiles.
IIPR carries more volatility with a beta of 1.45 — expect wider price swings.
CUBE is growing revenue faster at 3.3% — sustainability is the question.
CUBE generates stronger free cash flow (149M), providing more financial flexibility.
Bottom Line
IIPR scores higher overall (54/100 vs 49/100), backed by strong 45.6% margins. CUBE offers better value entry with a 26.9% margin of safety. Both earn "Buy" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.
This analysis is generated from publicly available financial data. Not financial advice.
CubeSmart
REAL ESTATE · REIT - INDUSTRIAL · USA
CubeSmart is a self-managed and self-managed real estate investment trust.
Visit Website →Innovative Industrial Properties Inc
REAL ESTATE · REIT - INDUSTRIAL · USA
Innovative Industrial Properties, Inc. is a self-advising Maryland corporation focused on acquiring, owning, and managing specialty properties leased to experienced state-licensed operators for their regulated medical cannabis facilities.
Compare with Other REIT - INDUSTRIAL Stocks
Want to dig deeper into these stocks?