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IIPR vs KW

IIPR
Innovative Industrial Properties, Inc.
NEUTRAL
Price
$56.01
Market Cap
$1.6B
Sector
Real Estate
AI Confidence
85%
KW
Kennedy-Wilson Holdings, Inc.
BEARISH
Price
$10.90
Market Cap
$1.51B
Sector
Real Estate
AI Confidence
85%

Valuation

P/E Ratio
IIPR
14.25
KW
--
Forward P/E
IIPR
11.69
KW
-10.19
P/B Ratio
IIPR
0.87
KW
2.02
P/S Ratio
IIPR
6.02
KW
2.78
EV/EBITDA
IIPR
9.65
KW
29.02

Profitability

Gross Margin
IIPR
88.65%
KW
74.03%
Operating Margin
IIPR
51.28%
KW
9.29%
Profit Margin
IIPR
44.46%
KW
0.87%
ROE
IIPR
6.25%
KW
1.48%
ROA
IIPR
3.42%
KW
0.89%

Growth

Revenue Growth
IIPR
-13.1%
KW
-5.7%
Earnings Growth
IIPR
-22.1%
KW
-6.8%

Financial Health

Debt/Equity
IIPR
0.21
KW
2.87
Current Ratio
IIPR
0.23
KW
0.45
Quick Ratio
IIPR
0.17
KW
0.24

Dividends

Dividend Yield
IIPR
13.57%
KW
4.4%
Payout Ratio
IIPR
193.38%
KW
355.56%

AI Verdict

IIPR NEUTRAL

IIPR presents a contradictory profile: a strong Piotroski F-Score of 7/9 and a Graham Number of $75.37 suggest defensive value, yet the company is facing significant fundamental headwinds. While the balance sheet is lean with a Debt/Equity ratio of 0.21, the company is experiencing sharp declines in both revenue (-13.10%) and earnings (-22.10%) YoY. Most critically, the dividend payout ratio of 193.38% is unsustainable, indicating that the 13.57% yield is likely at risk. The stock is currently trading below book value (P/B 0.87), providing a valuation floor, but the lack of growth and liquidity concerns (Current Ratio 0.23) offset the value proposition.

Strengths
Strong Piotroski F-Score (7/9) indicating solid financial health
Trading below book value (P/B 0.87)
Very low leverage with a Debt/Equity ratio of 0.21
Risks
Unsustainable dividend payout ratio (193.38%)
Significant negative YoY revenue growth (-13.10%)
Sharp decline in YoY earnings growth (-22.10%)
KW BEARISH

Kennedy-Wilson Holdings exhibits severe financial instability, highlighted by a weak Piotroski F-Score of 2/9 and critical liquidity shortages. With a current ratio of 0.45 and a quick ratio of 0.24, the company faces significant short-term solvency risks. While the stock has seen a strong 1-year price rally, this is decoupled from fundamental deterioration, including negative YoY revenue and earnings growth. Furthermore, the dividend is fundamentally unsustainable with a payout ratio of 355.56%.

Strengths
Strong 1-year price appreciation (+75.3%)
High gross margins (74.03%)
Recent history of beating earnings estimates in 3 of the last 4 quarters
Risks
Severe liquidity risk (Current Ratio 0.45, Quick Ratio 0.24)
Unsustainable dividend payout ratio (355.56%)
Weak financial health (Piotroski F-Score 2/9)

Compare Another Pair

IIPR vs KW: Head-to-Head Comparison

This page compares Innovative Industrial Properties, Inc. (IIPR) and Kennedy-Wilson Holdings, Inc. (KW) across key fundamental metrics including valuation ratios, profitability margins, growth rates, financial health indicators, and dividend metrics. Each metric highlights the better-performing stock so you can quickly identify relative strengths and weaknesses.

Our AI engine independently analyzes each company's financials, competitive position, and market conditions to produce a verdict (Bullish, Neutral, or Bearish) along with key strengths and risks. Use this comparison alongside your own research to make informed investment decisions.

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