WallStSmart

Iron Mountain Incorporated (IRM)vsAlpine Income Property Trust, Inc. (PINE)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Iron Mountain Incorporated generates 11093% more annual revenue ($7.25B vs $64.73M). IRM leads profitability with a 3.8% profit margin vs 1.1%. IRM earns a higher WallStSmart Score of 64/100 (C+).

IRM

Buy

64

out of 100

Grade: C+

Growth: 8.7Profit: 7.0Value: 2.7Quality: 3.3
Piotroski: 2/9Altman Z: 0.12

PINE

Buy

56

out of 100

Grade: C

Growth: 8.7Profit: 5.5Value: 6.0Quality: 5.0
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

IRMOvervalued (-5.2%)

Margin of Safety

-5.2%

Fair Value

$95.27

Current Price

$132.06

$36.79 premium

UndervaluedFair: $95.27Overvalued
PINEUndervalued (+27.2%)

Margin of Safety

+27.2%

Fair Value

$26.83

Current Price

$19.47

$7.36 discount

UndervaluedFair: $26.83Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

IRM4 strengths · Avg: 9.0/10
Return on EquityProfitability
225.1%10/10

Every $100 of equity generates 225 in profit

EPS GrowthGrowth
860.0%10/10

Earnings expanding 860.0% YoY

Operating MarginProfitability
21.0%8/10

Strong operational efficiency at 21.0%

Revenue GrowthGrowth
21.6%8/10

Revenue surging 21.6% year-over-year

PINE4 strengths · Avg: 9.5/10
Price/BookValuation
1.0x10/10

Reasonable price relative to book value

Operating MarginProfitability
38.2%10/10

Strong operational efficiency at 38.2%

EPS GrowthGrowth
75.7%10/10

Earnings expanding 75.7% YoY

Revenue GrowthGrowth
29.6%8/10

Revenue surging 29.6% year-over-year

Areas to Watch

IRM4 concerns · Avg: 2.5/10
Profit MarginProfitability
3.8%3/10

3.8% margin — thin

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

PEG RatioValuation
2.702/10

Expensive relative to growth rate

P/E RatioValuation
138.3x2/10

Premium valuation, high expectations priced in

PINE3 concerns · Avg: 3.0/10
Market CapQuality
$345.21M3/10

Smaller company, higher risk/reward

Return on EquityProfitability
0.3%3/10

ROE of 0.3% — below average capital efficiency

Profit MarginProfitability
1.1%3/10

1.1% margin — thin

Comparative Analysis Report

WallStSmart Research

Bull Case : IRM

The strongest argument for IRM centers on Return on Equity, EPS Growth, Operating Margin. Revenue growth of 21.6% demonstrates continued momentum.

Bull Case : PINE

The strongest argument for PINE centers on Price/Book, Operating Margin, EPS Growth. Revenue growth of 29.6% demonstrates continued momentum.

Bear Case : IRM

The primary concerns for IRM are Profit Margin, Piotroski F-Score, PEG Ratio. A P/E of 138.3x leaves little room for execution misses. Thin 3.8% margins leave little buffer for downturns.

Bear Case : PINE

The primary concerns for PINE are Market Cap, Return on Equity, Profit Margin. Thin 1.1% margins leave little buffer for downturns.

Key Dynamics to Monitor

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

PINE is growing revenue faster at 29.6% — sustainability is the question.

PINE generates stronger free cash flow (4M), providing more financial flexibility.

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

Bottom Line

IRM scores higher overall (64/100 vs 56/100) and 21.6% revenue growth. PINE offers better value entry with a 27.2% margin of safety. 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.

Alpine Income Property Trust, Inc.

REAL ESTATE · REIT - RETAIL · USA

Alpine Income Property Trust, Inc. (Ticker: PINE) is a real estate investment trust (REIT) that specializes in acquiring and managing a diversified portfolio of high-quality retail and commercial properties, primarily under long-term net leases with creditworthy tenants across the United States. The company's strategic focus on net-leased assets enables it to deliver reliable rental income and drive long-term shareholder value through disciplined capital allocation and operational efficiencies. With a commitment to stability and yield enhancement, Alpine Income Property Trust presents an attractive investment proposition for institutional investors seeking to diversify their real estate exposure in a competitive environment.

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