WallStSmart

Iron Mountain Incorporated (IRM)vsSt Joe Company (JOE)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Iron Mountain Incorporated generates 1245% more annual revenue ($6.90B vs $513.25M). JOE leads profitability with a 22.5% profit margin vs 2.1%. JOE trades at a lower P/E of 31.0x. JOE earns a higher WallStSmart Score of 68/100 (B-).

IRM

Buy

52

out of 100

Grade: C-

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

JOE

Strong Buy

68

out of 100

Grade: B-

Growth: 9.3Profit: 8.0Value: 7.7Quality: 6.3
Piotroski: 6/9Altman Z: 1.82
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

IRMSignificantly Overvalued (-2909.6%)

Margin of Safety

-2909.6%

Fair Value

$3.33

Current Price

$100.53

$97.20 premium

UndervaluedFair: $3.33Overvalued
JOEUndervalued (+26.4%)

Margin of Safety

+26.4%

Fair Value

$93.13

Current Price

$61.61

$31.52 discount

UndervaluedFair: $93.13Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

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

JOE4 strengths · Avg: 9.3/10
Operating MarginProfitability
30.6%10/10

Strong operational efficiency at 30.6%

EPS GrowthGrowth
59.4%10/10

Earnings expanding 59.4% YoY

Profit MarginProfitability
22.5%9/10

Keeps 23 of every $100 in revenue as profit

Revenue GrowthGrowth
23.5%8/10

Revenue surging 23.5% year-over-year

Areas to Watch

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

JOE2 concerns · Avg: 4.0/10
P/E RatioValuation
31.0x4/10

Premium valuation, high expectations priced in

Altman Z-ScoreHealth
1.824/10

Grey zone — moderate risk

Comparative Analysis Report

WallStSmart Research

Bull Case : IRM

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

Bull Case : JOE

The strongest argument for JOE centers on Operating Margin, EPS Growth, Profit Margin. Profitability is solid with margins at 22.5% and operating margin at 30.6%. Revenue growth of 23.5% demonstrates continued momentum.

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.

Bear Case : JOE

The primary concerns for JOE are P/E Ratio, Altman Z-Score.

Key Dynamics to Monitor

JOE carries more volatility with a beta of 1.36 — expect wider price swings.

JOE is growing revenue faster at 23.5% — sustainability is the question.

JOE generates stronger free cash flow (44M), providing more financial flexibility.

Monitor REIT - SPECIALTY industry trends, competitive dynamics, and regulatory changes.

Bottom Line

JOE scores higher overall (68/100 vs 52/100), backed by strong 22.5% margins and 23.5% revenue growth. Both earn "Strong Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

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

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.

St Joe Company

REAL ESTATE · REAL ESTATE - DIVERSIFIED · USA

The St. Joe Company is a real estate development, asset management and operation company in Northwest Florida, USA. The company is headquartered in Panama City Beach, Florida.

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