Iron Mountain Incorporated (IRM)vsNational Storage Affiliates Trust (NSA)
IRM
Iron Mountain Incorporated
$114.52
+1.69%
REAL ESTATE · Cap: $34.07B
NSA
National Storage Affiliates Trust
$41.47
-1.03%
REAL ESTATE · Cap: $6.10B
Smart Verdict
WallStSmart Research — data-driven comparison
Iron Mountain Incorporated generates 826% more annual revenue ($6.90B vs $745.60M). NSA leads profitability with a 9.9% profit margin vs 2.1%. NSA appears more attractively valued with a PEG of 1.67. NSA earns a higher WallStSmart Score of 57/100 (C).
IRM
Buy52
out of 100
Grade: C-
NSA
Buy57
out of 100
Grade: C
Intrinsic Value Comparison
Multi-model valuation · Graham Formula
Margin of Safety
-10.8%
Fair Value
$90.41
Current Price
$114.52
$24.11 premium
Margin of Safety
+50.3%
Fair Value
$67.33
Current Price
$41.47
$25.86 discount
Key Strengths & Concerns
Side-by-side fundamental analysis
Key Strengths
Every $100 of equity generates 225 in profit
Strong operational efficiency at 22.0%
16.6% revenue growth
Strong operational efficiency at 35.8%
Earnings expanding 236.6% YoY
18.0% revenue growth
Areas to Watch
2.1% margin — thin
Weak financial health signals
Expensive relative to growth rate
Premium valuation, high expectations priced in
Expensive relative to growth rate
ROE of 7.0% — below average capital efficiency
Premium valuation, high expectations priced in
Distress zone — elevated risk
Comparative Analysis Report
WallStSmart ResearchBull Case : IRM
The strongest argument for IRM centers on Return on Equity, Operating Margin, Revenue Growth. Revenue growth of 16.6% demonstrates continued momentum.
Bull Case : NSA
The strongest argument for NSA centers on Operating Margin, EPS Growth, Revenue Growth. Revenue growth of 18.0% demonstrates continued momentum.
Bear Case : IRM
The primary concerns for IRM are Profit Margin, Piotroski F-Score, PEG Ratio. A P/E of 229.0x leaves little room for execution misses. Thin 2.1% margins leave little buffer for downturns.
Bear Case : NSA
The primary concerns for NSA are PEG Ratio, Return on Equity, P/E Ratio. A P/E of 60.1x leaves little room for execution misses. Debt-to-equity of 3.52 is elevated, increasing financial risk.
Key Dynamics to Monitor
IRM carries more volatility with a beta of 1.15 — expect wider price swings.
NSA is growing revenue faster at 18.0% — sustainability is the question.
NSA generates stronger free cash flow (59M), providing more financial flexibility.
Monitor REIT - SPECIALTY industry trends, competitive dynamics, and regulatory changes.
Bottom Line
NSA scores higher overall (57/100 vs 52/100) and 18.0% revenue growth. Both earn "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.
National Storage Affiliates Trust
REAL ESTATE · REIT - INDUSTRIAL · USA
National Storage Affiliates Trust is a Maryland real estate investment trust focused on the ownership, operation and acquisition of storage properties located within the top 100 metropolitan statistical areas of the United States.
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