WallStSmart

EastGroup Properties Inc (EGP)vsInnovative Industrial Properties Inc (IIPR)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

EastGroup Properties Inc generates 179% more annual revenue ($735.38M vs $263.23M). IIPR leads profitability with a 45.6% profit margin vs 39.8%. IIPR trades at a lower P/E of 15.6x. EGP earns a higher WallStSmart Score of 61/100 (C+).

EGP

Buy

61

out of 100

Grade: C+

Growth: 8.0Profit: 8.0Value: 3.3Quality: 5.5
Piotroski: 4/9Altman Z: 1.26

IIPR

Buy

54

out of 100

Grade: C-

Growth: 2.7Profit: 7.5Value: 6.0Quality: 6.0
Piotroski: 3/9Altman Z: 2.10
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

EGPOvervalued (-5.5%)

Margin of Safety

-5.5%

Fair Value

$180.08

Current Price

$204.73

$24.65 premium

UndervaluedFair: $180.08Overvalued

Intrinsic value data unavailable for IIPR.

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

EGP3 strengths · Avg: 10.0/10
Profit MarginProfitability
39.8%10/10

Keeps 40 of every $100 in revenue as profit

Operating MarginProfitability
40.2%10/10

Strong operational efficiency at 40.2%

EPS GrowthGrowth
55.3%10/10

Earnings expanding 55.3% YoY

IIPR5 strengths · Avg: 9.4/10
Price/BookValuation
1.0x10/10

Reasonable price relative to book value

Profit MarginProfitability
45.6%10/10

Keeps 46 of every $100 in revenue as profit

Operating MarginProfitability
49.8%10/10

Strong operational efficiency at 49.8%

Debt/EquityHealth
0.199/10

Conservative balance sheet, low leverage

P/E RatioValuation
15.6x8/10

Attractively priced relative to earnings

Areas to Watch

EGP3 concerns · Avg: 2.7/10
P/E RatioValuation
37.2x4/10

Premium valuation, high expectations priced in

PEG RatioValuation
8.422/10

Expensive relative to growth rate

Altman Z-ScoreHealth
1.262/10

Distress zone — elevated risk

IIPR4 concerns · Avg: 3.3/10
EPS GrowthGrowth
0.0%4/10

0.0% earnings growth

Market CapQuality
$1.77B3/10

Smaller company, higher risk/reward

Return on EquityProfitability
6.3%3/10

ROE of 6.3% — below average capital efficiency

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

Comparative Analysis Report

WallStSmart Research

Bull Case : EGP

The strongest argument for EGP centers on Profit Margin, Operating Margin, EPS Growth. Profitability is solid with margins at 39.8% and operating margin at 40.2%.

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 : EGP

The primary concerns for EGP are P/E Ratio, PEG Ratio, Altman Z-Score.

Bear Case : IIPR

The primary concerns for IIPR are EPS Growth, Market Cap, Return on Equity.

Key Dynamics to Monitor

EGP profiles as a mature 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.

EGP is growing revenue faster at 9.1% — sustainability is the question.

EGP generates stronger free cash flow (127M), providing more financial flexibility.

Bottom Line

EGP scores higher overall (61/100 vs 54/100), backed by strong 39.8% margins. Both earn "Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

EastGroup Properties Inc

REAL ESTATE · REIT - INDUSTRIAL · USA

EastGroup Properties, Inc. (NYSE: EGP), an S&P MidCap 400 company, is a self-managed capital real estate investment trust focused on the development, acquisition and operation of industrial properties in Sunbelt's major markets in the United States. with an emphasis on the states of Florida, Texas, Arizona, California and North Carolina.

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.

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