MAPS
WM Technology, Inc.
Software - Application
Market Cap$18M
5Y Perf.-96.2%
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Stock Comparison
MAPS vs IIPR
Revenue, margins, valuation, and 5-year total return — side by side.
IIPR
Innovative Industrial Properties, Inc.
REIT - Industrial
Market Cap$1.65B
5Y Perf.-38.6%
MAPS vs IIPR — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | MAPS | IIPR |
|---|---|---|
| Industry | Software - Application | REIT - Industrial |
| Market Cap | $18M | $1.65B |
| Revenue (TTM) | $175M | $263M |
| Net Income (TTM) | $2M | $120M |
| Gross Margin | 94.9% | 60.3% |
| Operating Margin | 0.4% | 46.7% |
| Forward P/E | 18.7x | 13.4x |
| Total Debt | $27M | $394M |
| Cash & Equiv. | $62M | $48M |
MAPS vs IIPR — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
MAPS
IIPR
| Stock | May 20 | Apr 26 | Return |
|---|---|---|---|
| WM Technology, Inc. (MAPS) | 100 | 3.8 | -96.2% |
| Innovative Industri… (IIPR) | 100 | 61.4 | -38.6% |
Price return only. Dividends and distributions are not included.
Quick Verdict: MAPS vs IIPR
Each card shows where this stock fits in a portfolio — not just who wins on paper.
Bottom line: IIPR leads in 5 of 7 categories, making it the strongest pick for valuation and capital efficiency and profitability and margin quality. WM Technology, Inc. is the stronger pick specifically for growth and revenue expansion and capital preservation and lower volatility. This set spans 2 sectors — these stocks serve different portfolio roles, not just different price points.
MAPS
WM Technology, Inc.
The Income Pick
MAPS is the clearest fit if your priority is income & stability and growth exposure.
- Dividend streak 2 yrs, beta 0.57
- Rev growth -5.3%, EPS growth -74.6%, 3Y rev CAGR -6.8%
- Lower volatility, beta 0.57, Low D/E 20.1%, current ratio 2.34x
Best for: income & stability and growth exposure
IIPR
Innovative Industrial Properties, Inc.
The Real Estate Income Play
IIPR carries the broadest edge in this set and is the clearest fit for long-term compounding.
- 442.0% 10Y total return vs MAPS's -96.2%
- Lower P/E (13.4x vs 18.7x)
- 45.6% margin vs MAPS's 1.1%
Best for: long-term compounding
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | MAPS | -5.3% revenue growth vs IIPR's -13.8% |
| Value | IIPR | Lower P/E (13.4x vs 18.7x) |
| Quality / Margins | IIPR | 45.6% margin vs MAPS's 1.1% |
| Stability / Safety | MAPS | Beta 0.57 vs IIPR's 0.92, lower leverage |
| Dividends | IIPR | 13.2% yield; 9-year raise streak; the other pay no meaningful dividend |
| Momentum (1Y) | IIPR | +23.2% vs MAPS's -67.2% |
| Efficiency (ROA) | IIPR | 5.1% ROA vs MAPS's 1.0%, ROIC 4.3% vs 0.6% |
MAPS vs IIPR — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
FY 2025
Segment breakdown not available.
MAPS vs IIPR — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
BEST OVERALLIIPRLAGGINGMAPS
MAPSWM Technology, Inc.
1leads
IIPRInnovative Industrial…
3leads
6 Total Categories
CATEGORYLEADERvs MAPSMETRICS WON
Income & Cash FlowRevenue, margins, and cash flow strength
IIPR5/6
Valuation MetricsMultiples, price ratios, and targets
MAPS4/5
Profitability & EfficiencyROE, ROIC, leverage, and quality scores
Tied
—
Total Returns1Y, 3Y, 5Y total returns with dividends
IIPR6/6
Risk & VolatilityBeta, volatility, and downside exposure
Tied
—
Analyst OutlookRatings, price targets, and dividends
IIPR1/1
Income & Cash Flow (Last 12 Months)
IIPR leads this category, winning 5 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
IIPR is the larger business by revenue, generating $263M annually — 1.5x MAPS's $175M. IIPR is the more profitable business, keeping 45.6% of every revenue dollar as net income compared to MAPS's 1.1%. On growth, IIPR holds the edge at -3.8% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | MAPSWM Technology, In… | IIPRInnovative Indust… |
|---|---|---|
| RevenueTrailing 12 months | $175M | $263M |
| EBITDAEarnings before interest/tax | $14M | $197M |
| Net IncomeAfter-tax profit | $2M | $120M |
| Free Cash FlowCash after capex | $14M | $144M |
| Gross MarginGross profit ÷ Revenue | +94.9% | +60.3% |
| Operating MarginEBIT ÷ Revenue | +0.4% | +46.7% |
| Net MarginNet income ÷ Revenue | +1.1% | +45.6% |
| FCF MarginFCF ÷ Revenue | +7.9% | +54.7% |
| Rev. Growth (YoY)Latest quarter vs prior year | -9.7% | -3.8% |
| EPS Growth (YoY)Latest quarter vs prior year | -2.3% | -1.0% |
IIPR leads this category, winning 5 of 6 comparable metrics.
Valuation Metrics
MAPS leads this category, winning 4 of 5 comparable metrics.
Valuation Metrics
At 14.7x trailing earnings, IIPR trades at a 21% valuation discount to MAPS's 18.7x P/E.
| Metric | MAPSWM Technology, In… | IIPRInnovative Indust… |
|---|---|---|
| Market CapShares × price | $18M | $1.6B |
| Enterprise ValueMkt cap + debt − cash | -$18M | $2.0B |
| Trailing P/EPrice ÷ TTM EPS | 18.69x | 14.68x |
| Forward P/EPrice ÷ next-FY EPS est. | — | 13.42x |
| PEG RatioP/E ÷ EPS growth rate | — | 3.92x |
| EV / EBITDAEnterprise value multiple | -1.27x | 10.06x |
| Price / SalesMarket cap ÷ Revenue | 0.10x | 6.20x |
| Price / BookPrice ÷ Book value/share | 0.31x | 0.89x |
| Price / FCFMarket cap ÷ FCF | 0.68x | 9.43x |
MAPS leads this category, winning 4 of 5 comparable metrics.
Profitability & Efficiency
Evenly matched — MAPS and IIPR each lead in 4 of 8 comparable metrics.
Profitability & Efficiency
IIPR delivers a 6.4% return on equity — every $100 of shareholder capital generates $6 in annual profit, vs $2 for MAPS. MAPS carries lower financial leverage with a 0.20x debt-to-equity ratio, signaling a more conservative balance sheet compared to IIPR's 0.21x. On the Piotroski fundamental quality scale (0–9), MAPS scores 5/9 vs IIPR's 4/9, reflecting solid financial health.
| Metric | MAPSWM Technology, In… | IIPRInnovative Indust… |
|---|---|---|
| ROE (TTM)Return on equity | +1.5% | +6.4% |
| ROA (TTM)Return on assets | +1.0% | +5.1% |
| ROICReturn on invested capital | +0.6% | +4.3% |
| ROCEReturn on capital employed | +0.5% | +5.8% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 4 |
| Debt / EquityFinancial leverage | 0.20x | 0.21x |
| Net DebtTotal debt minus cash | -$36M | $346M |
| Cash & Equiv.Liquid assets | $62M | $48M |
| Total DebtShort + long-term debt | $27M | $394M |
| Interest CoverageEBIT ÷ Interest expense | — | 6.67x |
Evenly matched — MAPS and IIPR each lead in 4 of 8 comparable metrics.
Total Returns (Dividends Reinvested)
IIPR leads this category, winning 6 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in IIPR five years ago would be worth $5,182 today (with dividends reinvested), compared to $234 for MAPS. Over the past 12 months, IIPR leads with a +23.2% total return vs MAPS's -67.2%. The 3-year compound annual growth rate (CAGR) favors IIPR at 5.0% vs MAPS's -22.1% — a key indicator of consistent wealth creation.
| Metric | MAPSWM Technology, In… | IIPRInnovative Indust… |
|---|---|---|
| YTD ReturnYear-to-date | -55.7% | +20.5% |
| 1-Year ReturnPast 12 months | -67.2% | +23.2% |
| 3-Year ReturnCumulative with dividends | -52.8% | +15.7% |
| 5-Year ReturnCumulative with dividends | -97.7% | -48.2% |
| 10-Year ReturnCumulative with dividends | -96.2% | +442.0% |
| CAGR (3Y)Annualised 3-year return | -22.1% | +5.0% |
IIPR leads this category, winning 6 of 6 comparable metrics.
Risk & Volatility
Evenly matched — MAPS and IIPR each lead in 1 of 2 comparable metrics.
Risk & Volatility
MAPS is the less volatile stock with a 0.57 beta — it tends to amplify market swings less than IIPR's 0.92 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. IIPR currently trades 94.0% from its 52-week high vs MAPS's 27.5% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | MAPSWM Technology, In… | IIPRInnovative Indust… |
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.57x | 0.92x |
| 52-Week HighHighest price in past year | $1.36 | $61.40 |
| 52-Week LowLowest price in past year | $0.32 | $44.58 |
| % of 52W HighCurrent price vs 52-week peak | +27.5% | +94.0% |
| RSI (14)Momentum oscillator 0–100 | 36.9 | 67.2 |
| Avg Volume (50D)Average daily shares traded | 2.9M | 309K |
Evenly matched — MAPS and IIPR each lead in 1 of 2 comparable metrics.
Analyst Outlook
IIPR leads this category, winning 1 of 1 comparable metric.
Analyst Outlook
IIPR is the only dividend payer here at 13.21% yield — a key consideration for income-focused portfolios.
| Metric | MAPSWM Technology, In… | IIPRInnovative Indust… |
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | — | Hold |
| Price TargetConsensus 12-month target | — | $44.00 |
| # AnalystsCovering analysts | — | 11 |
| Dividend YieldAnnual dividend ÷ price | — | +13.2% |
| Dividend StreakConsecutive years of raises | 2 | 9 |
| Dividend / ShareAnnual DPS | — | $7.62 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +1.2% |
IIPR leads this category, winning 1 of 1 comparable metric.
Key Takeaway
IIPR leads in 3 of 6 categories (Income & Cash Flow, Total Returns). MAPS leads in 1 (Valuation Metrics). 2 tied.
Best OverallInnovative Industrial Prope… (IIPR)Leads 3 of 6 categories
Loading custom metrics...
MAPS vs IIPR: Frequently Asked Questions
9 questions · data-driven answers · updated daily
01Is MAPS or IIPR a better buy right now?
For growth investors, WM Technology, Inc.
(MAPS) is the stronger pick with -5. 3% revenue growth year-over-year, versus -13. 8% for Innovative Industrial Properties, Inc. (IIPR). Innovative Industrial Properties, Inc. (IIPR) offers the better valuation at 14. 7x trailing P/E (13. 4x forward), making it the more compelling value choice. Analysts rate Innovative Industrial Properties, Inc. (IIPR) a "Hold" — based on 11 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — MAPS or IIPR?
On trailing P/E, Innovative Industrial Properties, Inc.
(IIPR) is the cheapest at 14. 7x versus WM Technology, Inc. at 18. 7x.
03Which is the better long-term investment — MAPS or IIPR?
Over the past 5 years, Innovative Industrial Properties, Inc.
(IIPR) delivered a total return of -48. 2%, compared to -97. 7% for WM Technology, Inc. (MAPS). Over 10 years, the gap is even starker: IIPR returned +442. 0% versus MAPS's -96. 2%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — MAPS or IIPR?
By beta (market sensitivity over 5 years), WM Technology, Inc.
(MAPS) is the lower-risk stock at 0. 57β versus Innovative Industrial Properties, Inc. 's 0. 92β — meaning IIPR is approximately 61% more volatile than MAPS relative to the S&P 500. On balance sheet safety, WM Technology, Inc. (MAPS) carries a lower debt/equity ratio of 20% versus 21% for Innovative Industrial Properties, Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — MAPS or IIPR?
By revenue growth (latest reported year), WM Technology, Inc.
(MAPS) is pulling ahead at -5. 3% versus -13. 8% for Innovative Industrial Properties, Inc. (IIPR). On earnings-per-share growth, the picture is similar: Innovative Industrial Properties, Inc. grew EPS -28. 8% year-over-year, compared to -74. 6% for WM Technology, Inc.. Over a 3-year CAGR, IIPR leads at -1. 3% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — MAPS or IIPR?
Innovative Industrial Properties, Inc.
(IIPR) is the more profitable company, earning 43. 0% net margin versus 1. 1% for WM Technology, Inc. — meaning it keeps 43. 0% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: IIPR leads at 46. 7% versus 0. 4% for MAPS. At the gross margin level — before operating expenses — MAPS leads at 94. 9%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Which pays a better dividend — MAPS or IIPR?
In this comparison, IIPR (13.
2% yield) pays a dividend. MAPS does not pay a meaningful dividend and should not be held primarily for income.
08Is MAPS or IIPR better for a retirement portfolio?
For long-horizon retirement investors, Innovative Industrial Properties, Inc.
(IIPR) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 92), 13. 2% yield, +442. 0% 10Y return). Both have compounded well over 10 years (IIPR: +442. 0%, MAPS: -96. 2%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
09What are the main differences between MAPS and IIPR?
These companies operate in different sectors (MAPS (Technology) and IIPR (Real Estate)), which means they face different economic cycles, regulatory environments, and macro sensitivities — making direct comparison nuanced.
In terms of investment character: MAPS is a small-cap quality compounder stock; IIPR is a small-cap deep-value stock. IIPR pays a dividend while MAPS does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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