WallStSmart

Farmland Partners Inc (FPI)vsIron Mountain Incorporated (IRM)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Iron Mountain Incorporated generates 13227% more annual revenue ($6.90B vs $51.79M). FPI leads profitability with a 60.9% profit margin vs 2.1%. FPI trades at a lower P/E of 17.8x. IRM earns a higher WallStSmart Score of 52/100 (C-).

FPI

Hold

45

out of 100

Grade: D+

Growth: 2.0Profit: 7.0Value: 5.7Quality: 7.3
Piotroski: 4/9Altman Z: 2.08

IRM

Buy

52

out of 100

Grade: C-

Growth: 6.0Profit: 5.5Value: 2.0Quality: 3.3
Piotroski: 2/9Altman Z: 0.12
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

FPISignificantly Overvalued (-192.3%)

Margin of Safety

-192.3%

Fair Value

$4.15

Current Price

$11.04

$6.89 premium

UndervaluedFair: $4.15Overvalued
IRMSignificantly Overvalued (-2909.6%)

Margin of Safety

-2909.6%

Fair Value

$3.33

Current Price

$100.53

$97.20 premium

UndervaluedFair: $3.33Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

FPI4 strengths · Avg: 9.5/10
Price/BookValuation
1.0x10/10

Reasonable price relative to book value

Profit MarginProfitability
60.9%10/10

Keeps 61 of every $100 in revenue as profit

Operating MarginProfitability
59.6%10/10

Strong operational efficiency at 59.6%

P/E RatioValuation
17.8x8/10

Attractively priced relative to earnings

IRM2 strengths · Avg: 8.0/10
Operating MarginProfitability
22.0%8/10

Strong operational efficiency at 22.0%

Revenue GrowthGrowth
16.6%8/10

16.6% revenue growth

Areas to Watch

FPI4 concerns · Avg: 2.5/10
Market CapQuality
$480.07M3/10

Smaller company, higher risk/reward

Return on EquityProfitability
5.7%3/10

ROE of 5.7% — below average capital efficiency

Revenue GrowthGrowth
-1.8%2/10

Revenue declined 1.8%

EPS GrowthGrowth
-59.8%2/10

Earnings declined 59.8%

IRM4 concerns · Avg: 2.8/10
Return on EquityProfitability
2.3%3/10

ROE of 2.3% — below average capital efficiency

Profit MarginProfitability
2.1%3/10

2.1% margin — thin

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

PEG RatioValuation
2.702/10

Expensive relative to growth rate

Comparative Analysis Report

WallStSmart Research

Bull Case : FPI

The strongest argument for FPI centers on Price/Book, Profit Margin, Operating Margin. Profitability is solid with margins at 60.9% and operating margin at 59.6%.

Bull Case : IRM

The strongest argument for IRM centers on Operating Margin, Revenue Growth. Revenue growth of 16.6% demonstrates continued momentum.

Bear Case : FPI

The primary concerns for FPI are Market Cap, Return on Equity, Revenue Growth.

Bear Case : IRM

The primary concerns for IRM are Return on Equity, Profit Margin, Piotroski F-Score. A P/E of 205.2x leaves little room for execution misses. Thin 2.1% margins leave little buffer for downturns.

Key Dynamics to Monitor

FPI profiles as a declining stock while IRM is a growth play — different risk/reward profiles.

IRM carries more volatility with a beta of 1.15 — expect wider price swings.

IRM is growing revenue faster at 16.6% — sustainability is the question.

FPI generates stronger free cash flow (15M), providing more financial flexibility.

Bottom Line

IRM scores higher overall (52/100 vs 45/100) and 16.6% revenue growth. Both earn "Buy" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

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

Farmland Partners Inc

REAL ESTATE · REIT - SPECIALTY · USA

Farmland Partners Inc. (FPI) is a leading real estate investment trust (REIT) focused on the acquisition and management of premium agricultural land throughout the United States. By leasing its properties to skilled farmers, FPI generates reliable cash flows while capitalizing on the expanding agricultural market. The company emphasizes sustainable farming techniques and strategic diversification to address the growing global demand for food, positioning itself to deliver value to investors. With a robust portfolio and a commitment to operational excellence, Farmland Partners is well-equipped to adapt to the dynamic agricultural sector and drive long-term shareholder growth.

Iron Mountain Incorporated

REAL ESTATE · REIT - SPECIALTY · USA

Iron Mountain Inc. (NYSE: IRM) is an American enterprise information management services company founded in 1951 and headquartered in Boston, Massachusetts.

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