IRON MOUNTAIN INC (IRM) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:IRM - US46284V1017 - REIT
83.35 USD
-4.68 (-5.32%)
83.28 USD
-0.07 (-0.08%)
We assign a fundamental rating of 3 out of 10 to IRM. IRM was compared to 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. While showing a medium growth rate, IRM is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
IRM had positive earnings in the past year.
In the past year IRM had a positive cash flow from operations.
In the past 5 years IRM has always been profitable.
Each year in the past 5 years IRM had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of 0.77%, IRM is not doing good in the industry: 66.67% of the companies in the same industry are doing better.
Looking at the Return On Invested Capital, with a value of 5.86%, IRM is in the better half of the industry, outperforming 73.33% 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
IRM has a Profit Margin of 2.40%. This is in the lower half of the industry: IRM underperforms 66.67% of its industry peers.
IRM's Profit Margin has declined in the last couple of years.
IRM has a Operating Margin of 19.94%. This is in the lower half of the industry: IRM underperforms 73.33% of its industry peers.
IRM's Operating Margin has improved in the last couple of years.
The Gross Margin of IRM (66.17%) is worse than 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so IRM is destroying value.
IRM has more shares outstanding than it did 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 0.81. 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 (0.81) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.81 |
ROIC/WACC0.74
WACC7.89%
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 46.67% of its industry peers.
A Quick Ratio of 0.66 indicates that IRM may have some problems paying its short term obligations.
IRM has a Quick ratio (0.66) which is in line with its industry peers.
| 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.
Measured over the past years, IRM shows a small growth in Revenue. The Revenue has been growing by 7.61% on average per year.
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
IRM is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 13.55% yearly.
IRM is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.91% yearly.
EPS Next Y12.57%
EPS Next 2Y13.78%
EPS Next 3Y13.55%
EPS Next 5YN/A
Revenue Next Year11.29%
Revenue Next 2Y10.95%
Revenue Next 3Y10.02%
Revenue Next 5Y7.91%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
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
IRM is valuated quite expensively with a Price/Earnings ratio of 42.74.
IRM's Price/Earnings ratio is in line with the industry average.
IRM is valuated expensively when we compare the Price/Earnings ratio to 26.56, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 35.97, which means the current valuation is very expensive for IRM.
IRM's Price/Forward Earnings is on the same level as the industry average.
When comparing the Price/Forward Earnings ratio of IRM to the average of the S&P500 Index (23.79), we can say IRM is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 42.74 | ||
| Fwd PE | 35.97 |
4.2 Price Multiples
IRM's Enterprise Value to EBITDA ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 17.63 |
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 13.55% in the coming years. This may justify a more expensive valuation.
PEG (NY)3.4
PEG (5Y)3.66
EPS Next 2Y13.78%
EPS Next 3Y13.55%
5. Dividend
5.1 Amount
IRM has a Yearly Dividend Yield of 3.93%.
IRM's Dividend Yield is slightly below the industry average, which is at 5.65.
IRM's Dividend Yield is rather good when compared to the S&P500 average which is at 1.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.93% |
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 their dividend for at least 10 years, which is a reliable track record.
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.
The dividend of IRM is growing, but earnings are growing more, so the dividend growth is sustainable.
DP563.4%
EPS Next 2Y13.78%
EPS Next 3Y13.55%
83.35
-4.68 (-5.32%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustrySpecialized REITs
Earnings (Last)
Earnings (Next)
Inst Owners87.85%
Inst Owner Change2.8%
Ins Owners0.66%
Ins Owner Change0.8%
Market Cap24.64B
Revenue(TTM)6.64B
Net Income(TTM)159.25M
Analysts78.75
Price Target118.73 (42.45%)
Short Float %3.38%
Short Ratio5.46
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.93% |
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)2.9%
PT rev (3m)0.25%
EPS NQ rev (1m)-0.4%
EPS NQ rev (3m)-3.14%
EPS NY rev (1m)-3.53%
EPS NY rev (3m)-3.81%
Revenue NQ rev (1m)0.11%
Revenue NQ rev (3m)-0.33%
Revenue NY rev (1m)-0.04%
Revenue NY rev (3m)-0.04%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 42.74 | ||
| Fwd PE | 35.97 | ||
| P/S | 3.71 | ||
| P/FCF | N/A | ||
| P/OCF | 19.38 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 17.63 |
EPS(TTM)1.95
EY2.34%
EPS(NY)2.32
Fwd EY2.78%
FCF(TTM)-3.99
FCFYN/A
OCF(TTM)4.3
OCFY5.16%
SpS22.46
BVpS-2.98
TBVpS-25.05
PEG (NY)3.4
PEG (5Y)3.66
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 | 0.81 |
F-Score5
WACC7.89%
ROIC/WACC0.74
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 Y12.57%
EPS Next 2Y13.78%
EPS Next 3Y13.55%
EPS Next 5YN/A
Revenue 1Y (TTM)10.88%
Revenue growth 3Y11.04%
Revenue growth 5Y7.61%
Sales Q2Q%12.62%
Revenue Next Year11.29%
Revenue Next 2Y10.95%
Revenue Next 3Y10.02%
Revenue Next 5Y7.91%
EBIT growth 1Y11.03%
EBIT growth 3Y10.4%
EBIT growth 5Y9.25%
EBIT Next Year121.52%
EBIT Next 3Y38.76%
EBIT Next 5Y32.25%
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 42.74 and the Price/Book (PB) ratio is -27.93.
Can you provide the financial health for IRM stock?
The financial health rating of IRON MOUNTAIN INC (IRM) is 1 / 10.