IRON MOUNTAIN INC (IRM) Stock Fundamental Analysis
USA - NYSE:IRM - US46284V1017 - REIT
91.37 USD
-6.72 (-6.85%)
92 USD
+0.63 (+0.69%)
Overall IRM gets a fundamental rating of 3 out of 10. We evaluated IRM against 30 industry peers in the Specialized REITs industry. While IRM is still in line with the averages on profitability rating, there are concerns on its financial health. IRM is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year IRM was profitable.
IRM had a positive operating cash flow in the past year.
Each year in the past 5 years IRM has been profitable.
IRM had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
IRM has a Return On Assets of 0.77%. This is in the lower half of the industry: IRM underperforms 66.67% of its industry peers.
Looking at the Return On Invested Capital, with a value of 5.86%, IRM is in the better half of the industry, outperforming 70.00% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for IRM is in line with the industry average of 4.78%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.77% | ||
| ROE | N/A | ||
| ROIC | 5.86% |
ROA(3y)1.82%
ROA(5y)2.2%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)5.88%
ROIC(5y)5.9%
1.3 Margins
The Profit Margin of IRM (2.40%) is worse than 66.67% of its industry peers.
In the last couple of years the Profit Margin of IRM has declined.
Looking at the Operating Margin, with a value of 19.94%, IRM is doing worse than 73.33% of the companies in the same industry.
In the last couple of years the Operating Margin of IRM has grown nicely.
IRM's Gross Margin of 66.17% is on the low side compared to the rest of the industry. IRM is outperformed by 60.00% of its industry peers.
In the last couple of years the Gross Margin of IRM has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 19.94% | ||
| PM (TTM) | 2.4% | ||
| GM | 66.17% |
OM growth 3Y-0.58%
OM growth 5Y1.53%
PM growth 3Y-33.64%
PM growth 5Y-14.13%
GM growth 3Y-1.38%
GM growth 5Y3.37%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), IRM is destroying value.
The number of shares outstanding for IRM has been increased compared to 1 year ago.
IRM has more shares outstanding than it did 5 years ago.
The debt/assets ratio for IRM is higher compared to a year ago.
2.2 Solvency
IRM has an Altman-Z score of 0.93. This is a bad value and indicates that IRM is not financially healthy and even has some risk of bankruptcy.
IRM has a Altman-Z score (0.93) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.93 |
ROIC/WACC0.75
WACC7.78%
2.3 Liquidity
A Current Ratio of 0.66 indicates that IRM may have some problems paying its short term obligations.
IRM has a Current ratio of 0.66. This is comparable to the rest of the industry: IRM outperforms 50.00% of its industry peers.
IRM has a Quick Ratio of 0.66. This is a bad value and indicates that IRM is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.66, IRM is in line with its industry, outperforming 50.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.66 | ||
| Quick Ratio | 0.66 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 7.73% over the past year.
Measured over the past years, IRM shows a quite strong growth in Earnings Per Share. The EPS has been growing by 11.69% on average per year.
Looking at the last year, IRM shows a quite strong growth in Revenue. The Revenue has grown by 10.88% in the last year.
The Revenue has been growing slightly by 7.61% on average over the past years.
EPS 1Y (TTM)7.73%
EPS 3Y5.37%
EPS 5Y11.69%
EPS Q2Q%22.73%
Revenue 1Y (TTM)10.88%
Revenue growth 3Y11.04%
Revenue growth 5Y7.61%
Sales Q2Q%12.62%
3.2 Future
The Earnings Per Share is expected to grow by 13.69% on average over the next years. This is quite good.
IRM is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.04% yearly.
EPS Next Y16.69%
EPS Next 2Y14.45%
EPS Next 3Y13.69%
EPS Next 5YN/A
Revenue Next Year11.34%
Revenue Next 2Y10.35%
Revenue Next 3Y9.38%
Revenue Next 5Y8.04%
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 46.86, IRM can be considered very expensive at the moment.
IRM's Price/Earnings ratio is a bit more expensive when compared to the industry. IRM is more expensive than 60.00% of the companies in the same industry.
IRM's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 25.91.
A Price/Forward Earnings ratio of 38.97 indicates a quite expensive valuation of IRM.
The rest of the industry has a similar Price/Forward Earnings ratio as IRM.
The average S&P500 Price/Forward Earnings ratio is at 34.57. IRM is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 46.86 | ||
| Fwd PE | 38.97 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of IRM is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 19.51 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
IRM's earnings are expected to grow with 13.69% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.81
PEG (5Y)4.01
EPS Next 2Y14.45%
EPS Next 3Y13.69%
5. Dividend
5.1 Amount
IRM has a Yearly Dividend Yield of 3.42%.
IRM's Dividend Yield is slightly below the industry average, which is at 6.22.
IRM's Dividend Yield is a higher than the S&P500 average which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.42% |
5.2 History
The dividend of IRM has a limited annual growth rate of 1.86%.
IRM has been paying a dividend for at least 10 years, so it has a reliable track record.
IRM has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)1.86%
Div Incr Years2
Div Non Decr Years11
5.3 Sustainability
563.40% of the earnings are spent on dividend by IRM. This is not a sustainable payout ratio.
IRM's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP563.4%
EPS Next 2Y14.45%
EPS Next 3Y13.69%
91.37
-6.72 (-6.85%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustrySpecialized REITs
Earnings (Last)
Earnings (Next)
Inst Owners85.6%
Inst Owner Change0.13%
Ins Owners0.66%
Ins Owner Change0.86%
Market Cap26.99B
Revenue(TTM)6.64B
Net Income(TTM)159.25M
Analysts78.75
Price Target115.39 (26.29%)
Short Float %2.54%
Short Ratio5.45
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.42% |
Yearly Dividend2.7
Dividend Growth(5Y)1.86%
DP563.4%
Div Incr Years2
Div Non Decr Years11
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-1.72%
Min EPS beat(2)-4.95%
Max EPS beat(2)1.52%
EPS beat(4)2
Avg EPS beat(4)-1.82%
Min EPS beat(4)-9.85%
Max EPS beat(4)5.99%
EPS beat(8)4
Avg EPS beat(8)-0.83%
EPS beat(12)6
Avg EPS beat(12)0.64%
EPS beat(16)10
Avg EPS beat(16)2.27%
Revenue beat(2)1
Avg Revenue beat(2)-0.13%
Min Revenue beat(2)-0.95%
Max Revenue beat(2)0.7%
Revenue beat(4)1
Avg Revenue beat(4)-0.89%
Min Revenue beat(4)-2.21%
Max Revenue beat(4)0.7%
Revenue beat(8)3
Avg Revenue beat(8)-0.71%
Revenue beat(12)3
Avg Revenue beat(12)-1.17%
Revenue beat(16)4
Avg Revenue beat(16)-1.19%
PT rev (1m)0%
PT rev (3m)-2.79%
EPS NQ rev (1m)-0.63%
EPS NQ rev (3m)-1.56%
EPS NY rev (1m)0%
EPS NY rev (3m)1.12%
Revenue NQ rev (1m)0.06%
Revenue NQ rev (3m)0.11%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.7%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 46.86 | ||
| Fwd PE | 38.97 | ||
| P/S | 4.06 | ||
| P/FCF | N/A | ||
| P/OCF | 21.22 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 19.51 |
EPS(TTM)1.95
EY2.13%
EPS(NY)2.34
Fwd EY2.57%
FCF(TTM)-3.99
FCFYN/A
OCF(TTM)4.31
OCFY4.71%
SpS22.48
BVpS-2.99
TBVpS-25.07
PEG (NY)2.81
PEG (5Y)4.01
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.77% | ||
| ROE | N/A | ||
| ROCE | 7.45% | ||
| ROIC | 5.86% | ||
| ROICexc | 5.93% | ||
| ROICexgc | 9.43% | ||
| OM | 19.94% | ||
| PM (TTM) | 2.4% | ||
| GM | 66.17% | ||
| FCFM | N/A |
ROA(3y)1.82%
ROA(5y)2.2%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)5.88%
ROIC(5y)5.9%
ROICexc(3y)5.95%
ROICexc(5y)5.98%
ROICexgc(3y)10.42%
ROICexgc(5y)10.9%
ROCE(3y)7.47%
ROCE(5y)7.49%
ROICexgc growth 3Y-1.19%
ROICexgc growth 5Y-0.22%
ROICexc growth 3Y1.92%
ROICexc growth 5Y3.27%
OM growth 3Y-0.58%
OM growth 5Y1.53%
PM growth 3Y-33.64%
PM growth 5Y-14.13%
GM growth 3Y-1.38%
GM growth 5Y3.37%
F-Score5
Asset Turnover0.32
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 6.72 | ||
| Cap/Depr | 249.69% | ||
| Cap/Sales | 36.91% | ||
| Interest Coverage | 1.58 | ||
| Cash Conversion | 55.16% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.66 | ||
| Quick Ratio | 0.66 | ||
| Altman-Z | 0.93 |
F-Score5
WACC7.78%
ROIC/WACC0.75
Cap/Depr(3y)166.84%
Cap/Depr(5y)132%
Cap/Sales(3y)24%
Cap/Sales(5y)19.37%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)7.73%
EPS 3Y5.37%
EPS 5Y11.69%
EPS Q2Q%22.73%
EPS Next Y16.69%
EPS Next 2Y14.45%
EPS Next 3Y13.69%
EPS Next 5YN/A
Revenue 1Y (TTM)10.88%
Revenue growth 3Y11.04%
Revenue growth 5Y7.61%
Sales Q2Q%12.62%
Revenue Next Year11.34%
Revenue Next 2Y10.35%
Revenue Next 3Y9.38%
Revenue Next 5Y8.04%
EBIT growth 1Y11.03%
EBIT growth 3Y10.4%
EBIT growth 5Y9.25%
EBIT Next Year116.77%
EBIT Next 3Y38.08%
EBIT Next 5Y31.92%
FCF growth 1Y-448.45%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y23.01%
OCF growth 3Y16.4%
OCF growth 5Y4.36%
IRON MOUNTAIN INC / IRM FAQ
Can you provide the ChartMill fundamental rating for IRON MOUNTAIN INC?
ChartMill assigns a fundamental rating of 3 / 10 to IRM.
Can you provide the valuation status for IRON MOUNTAIN INC?
ChartMill assigns a valuation rating of 1 / 10 to IRON MOUNTAIN INC (IRM). This can be considered as Overvalued.
What is the profitability of IRM stock?
IRON MOUNTAIN INC (IRM) has a profitability rating of 4 / 10.
Can you provide the PE and PB ratios for IRM stock?
The Price/Earnings (PE) ratio for IRON MOUNTAIN INC (IRM) is 46.86 and the Price/Book (PB) ratio is -30.6.
Can you provide the financial health for IRM stock?
The financial health rating of IRON MOUNTAIN INC (IRM) is 1 / 10.