WallStSmart

Iron Mountain Incorporated (IRM)vsSBA Communications Corp (SBAC)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Iron Mountain Incorporated generates 163% more annual revenue ($7.56B vs $2.87B). SBAC leads profitability with a 34.5% profit margin vs 5.5%. IRM appears more attractively valued with a PEG of 2.70. IRM earns a higher WallStSmart Score of 62/100 (C+).

IRM

Buy

62

out of 100

Grade: C+

Growth: 8.7Profit: 7.0Value: 2.0Quality: 4.5
Piotroski: 2/9Altman Z: 0.10

SBAC

Hold

47

out of 100

Grade: D+

Growth: 3.3Profit: 8.0Value: 4.7Quality: 5.0
Piotroski: 5/9Altman Z: -0.26
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

IRMSignificantly Overvalued (-33.2%)

Margin of Safety

-33.2%

Fair Value

$75.23

Current Price

$116.89

$41.66 premium

UndervaluedFair: $75.23Overvalued
SBACUndervalued (+0.6%)

Margin of Safety

+0.6%

Fair Value

$192.16

Current Price

$176.28

$15.88 discount

UndervaluedFair: $192.16Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

IRM4 strengths · Avg: 9.5/10
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

Debt/EquityHealth
-15.3110/10

Conservative balance sheet, low leverage

Revenue GrowthGrowth
18.5%8/10

18.5% revenue growth

SBAC3 strengths · Avg: 10.0/10
Profit MarginProfitability
34.5%10/10

Keeps 35 of every $100 in revenue as profit

Operating MarginProfitability
52.2%10/10

Strong operational efficiency at 52.2%

Debt/EquityHealth
-3.2810/10

Conservative balance sheet, low leverage

Areas to Watch

IRM4 concerns · Avg: 2.5/10
Profit MarginProfitability
5.5%3/10

5.5% 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
81.1x2/10

Premium valuation, high expectations priced in

SBAC4 concerns · Avg: 2.8/10
Revenue GrowthGrowth
2.3%4/10

2.3% revenue growth

Return on EquityProfitability
0.0%3/10

ROE of 0.0% — below average capital efficiency

PEG RatioValuation
10.372/10

Expensive relative to growth rate

EPS GrowthGrowth
-10.5%2/10

Earnings declined 10.5%

Comparative Analysis Report

WallStSmart Research

Bull Case : IRM

The strongest argument for IRM centers on Return on Equity, EPS Growth, Debt/Equity. Revenue growth of 18.5% demonstrates continued momentum.

Bull Case : SBAC

The strongest argument for SBAC centers on Profit Margin, Operating Margin, Debt/Equity. Profitability is solid with margins at 34.5% and operating margin at 52.2%.

Bear Case : IRM

The primary concerns for IRM are Profit Margin, Piotroski F-Score, PEG Ratio. A P/E of 81.1x leaves little room for execution misses.

Bear Case : SBAC

The primary concerns for SBAC are Revenue Growth, Return on Equity, PEG Ratio.

Key Dynamics to Monitor

IRM profiles as a growth stock while SBAC is a value play — different risk/reward profiles.

IRM carries more volatility with a beta of 1.20 — expect wider price swings.

IRM is growing revenue faster at 18.5% — sustainability is the question.

SBAC generates stronger free cash flow (345M), providing more financial flexibility.

Bottom Line

IRM scores higher overall (62/100 vs 47/100) and 18.5% 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.

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.

SBA Communications Corp

REAL ESTATE · REIT - SPECIALTY · USA

SBA Communications Corporation is a real estate investment trust which owns and operates wireless infrastructure in the United States, Canada, Central America, South America, and South Africa.

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