IIPR vs TSAT

Comparison between Innovative Industrial Properties Inc (IIPR, Company) and Telesat Corp - Class A (TSAT, Company).

IIPR is from the Real Estate sector, while TSAT is from the Technology sector.

5-Year PerformanceTSAT has outperformed IIPR, delivering a return of +6.2% compared to -17.3%

IIPR vs TSAT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IIPR(COMPANY)	TSAT(COMPANY)
Market Cap	$1.59B	$1.59B
Max Drawdown	84.42%	84.38%
Sharpe Ratio	0.89	1.33
5Y Beta	0.66	1.71
Industry	Reit - Industrial	Communication Equipment
P/E Ratio	11.71	-4.18
Forward P/E	12.82	N/A
PEG Ratio	7.57	N/A
Dividend Yield	13.20%	N/A
5Y Dividends CAGR	13.12%	N/A
5Y EPS CAGR	3.93%	N/A
Debt to Equity	0.00%	N/A
Free Cash Flow Yield	12.34%	N/A
P/S Ratio	N/A	3.52
P/B Ratio	N/A	0.83

Market Cap

IIPR

$1.59B

Winner

TSAT

$1.59B

Max Drawdown

IIPR

84.42%

Winner

TSAT

84.38%

Sharpe Ratio

IIPR

0.89

Winner

TSAT

1.33

5Y Beta

Winner

IIPR

0.66

TSAT

1.71

Industry

IIPR

Reit - Industrial

TSAT

Communication Equipment

P/E Ratio

IIPR

11.71

Winner

TSAT

-4.18

Forward P/E

IIPR

12.82

TSAT

N/A

PEG Ratio

IIPR

7.57

TSAT

N/A

Dividend Yield

IIPR

13.20%

TSAT

N/A

5Y Dividends CAGR

IIPR

13.12%

TSAT

N/A

5Y EPS CAGR

IIPR

3.93%

TSAT

N/A

Debt to Equity

IIPR

0.00%

TSAT

N/A

Free Cash Flow Yield

IIPR

12.34%

TSAT

N/A

P/S Ratio

IIPR

N/A

TSAT

3.52

P/B Ratio

IIPR

N/A

TSAT

0.83

IIPR vs TSAT - Historical Returns

Returns include dividend reinvestment.

Period	IIPR	TSAT
1 month	-9.81%	+39.58%
3 months	+7.94%	-1.86%
6 months	+33.99%	+99.02%
1 year	+21.26%	+135.96%
5 years(CAGR)	-17.30%	+6.25%
10 years(CAGR)	+19.00%	N/A
Max(CAGR)	+19.00%	+6.25%

IIPR

-9.81%

Winner

TSAT

+39.58%

Winner

IIPR

+7.94%

TSAT

-1.86%

IIPR

+33.99%

Winner

TSAT

+99.02%

IIPR

+21.26%

Winner

TSAT

+135.96%

5Y(CAGR)

IIPR

-17.30%

Winner

TSAT

+6.25%

10Y(CAGR)

IIPR

+19.00%

TSAT

N/A

Max(CAGR)

Winner

IIPR

+19.00%

TSAT

+6.25%

IIPR vs TSAT - Annual Returns (2016 - 2026)

Returns include dividend reinvestment.

Year	IIPR	TSAT
2026	+24.40%	+80.45%
2025	-19.45%	+73.21%
2024	-28.90%	+59.30%
2023	+12.26%	+19.20%
2022	-56.68%	-75.09%
2021	+52.15%	-27.42%
2020	+158.90%	N/A
2019	+70.62%	N/A
2018	+27.13%	N/A
2017	+77.27%	N/A
2016	-5.01%	N/A

IIPR vs TSAT Drawdown Comparison

The maximum drawdown for IIPR was -78.34%, occurring on Aug 8, 2025. This drawdown has not yet recovered.

The maximum drawdown for TSAT was -84.38%, occurring on Dec 19, 2022. Recovery took 1082 trading sessions.

The current IIPR drawdown is -68.67%. The current TSAT drawdown is -14.30%.

Rank	IIPR	TSAT
#1	-78.34% Nov 15, 2021 - Aug 8, 2025	-84.38% Nov 19, 2021 - Mar 17, 2026
#2	-65.46% Jul 11, 2019 - Oct 9, 2020	-41.19% May 28, 2026 - Aug 7, 2026
#3	-33.22% Jan 2, 2018 - May 25, 2018	-20.52% Mar 17, 2026 - Apr 6, 2026
#4	-24.76% Feb 24, 2021 - Aug 6, 2021	-17.13% Apr 20, 2026 - May 8, 2026
#5	-21.36% Jan 5, 2017 - Oct 25, 2017	-14.30% Aug 12, 2026 - Aug 13, 2026
#6	-20.75% Nov 23, 2018 - Jan 17, 2019	-8.34% May 11, 2026 - May 26, 2026
#7	-19.58% Dec 1, 2016 - Jan 5, 2017	-3.70% Aug 7, 2026 - Aug 11, 2026
#8	-16.79% Jun 11, 2018 - Aug 24, 2018	-3.40% Apr 9, 2026 - Apr 13, 2026
#9	-16.65% Sep 28, 2018 - Nov 16, 2018	-0.80% May 26, 2026 - May 28, 2026
#10	-14.18% Mar 21, 2019 - Jun 5, 2019	N/A
#11	-14.10% Oct 13, 2020 - Nov 5, 2020	N/A
#12	-12.87% Feb 27, 2019 - Mar 15, 2019	N/A
#13	-12.76% Jun 20, 2019 - Jul 11, 2019	N/A
#14	-11.21% Dec 22, 2020 - Jan 21, 2021	N/A
#15	-9.44% Sep 3, 2021 - Oct 20, 2021	N/A