COMP <GO>
OPEN vs IIPR // EV/EBITDA & P/E VALUATION
Opendoor Technologies Inc (NASDAQ) VS. Innovative Industrial Properties Inc. (NYSE) • 15-METRIC TALLY: OPEN 1
— IIPR 6
■ METRIC PARITY
LAST: $1.90 (-0.52%) • MKT CAP: $1.85B
valuation
—
LAST: $53.46 (+1.14%) • MKT CAP: $1.47B
valuation
11.5x
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (OPEN VS. IIPR)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | OPEN | IIPR | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | — | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | -35.00% | 5.40% | -40.40 | IIPR | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | — | 11.5x | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | — | 13.45% | — | TIE | /fcf-yield <GO> |
| Operating Margin | -6.60% | 46.70% | -53.30 | IIPR | /operating-margins <GO> |
| Net Profit Margin | -29.70% | 44.50% | -74.20 | IIPR | /net-margins <GO> |
| Revenue Growth (YoY) | -15.20% | -13.80% | -1.40 | IIPR | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | — | — | — | TIE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 4/9 | 5/9 | -1.00 | IIPR | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 28.8 | 43.5 | -14.72 | IIPR | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | — | — | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | — | 11.6x | — | TIE | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $1.85B | $1.47B | $371.1M | OPEN | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | OPEN REV | IIPR REV | OPEN GROSS % | IIPR GROSS % | OPEN FCF | IIPR FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $4.37B | $266.0M | — | — | $1.04B | $198.2M |
| FY 2024 | $5.15B | $308.5M | — | — | -$620.0M | $258.4M |
| FY 2023 | $6.95B | $309.5M | — | — | $2.34B | $255.5M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
OPEN // BETA —
IIPR // BETA —