WallStSmart

Iron Mountain Incorporated (IRM)vsSeritage Growth Properties (SRG)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Iron Mountain Incorporated generates 46503% more annual revenue ($7.25B vs $15.55M). IRM leads profitability with a 3.8% profit margin vs 0.0%. IRM earns a higher WallStSmart Score of 64/100 (C+).

IRM

Buy

64

out of 100

Grade: C+

Growth: 8.7Profit: 7.0Value: 2.0Quality: 6.5
Piotroski: 2/9Altman Z: 0.10

SRG

Avoid

24

out of 100

Grade: F

Growth: 2.0Profit: 2.5Value: 4.0Quality: 7.5
Piotroski: 6/9Altman Z: -0.63
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

IRMSignificantly Overvalued (-41.1%)

Margin of Safety

-41.1%

Fair Value

$71.02

Current Price

$132.44

$61.42 premium

UndervaluedFair: $71.02Overvalued
SRGSignificantly Overvalued (-53.5%)

Margin of Safety

-53.5%

Fair Value

$1.98

Current Price

$2.63

$0.65 premium

UndervaluedFair: $1.98Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

IRM5 strengths · Avg: 9.2/10
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
-16.2310/10

Conservative balance sheet, low leverage

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

SRG2 strengths · Avg: 9.5/10
Price/BookValuation
0.5x10/10

Reasonable price relative to book value

Debt/EquityHealth
0.179/10

Conservative balance sheet, low leverage

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
143.5x2/10

Premium valuation, high expectations priced in

SRG4 concerns · Avg: 2.5/10
Market CapQuality
$149.82M3/10

Smaller company, higher risk/reward

Profit MarginProfitability
0.0%3/10

0.0% margin — thin

Return on EquityProfitability
-25.9%2/10

ROE of -25.9% — below average capital efficiency

Revenue GrowthGrowth
-98.4%2/10

Revenue declined 98.4%

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 21.6% demonstrates continued momentum.

Bull Case : SRG

The strongest argument for SRG centers on Price/Book, Debt/Equity.

Bear Case : IRM

The primary concerns for IRM are Profit Margin, Piotroski F-Score, PEG Ratio. A P/E of 143.5x leaves little room for execution misses. Thin 3.8% margins leave little buffer for downturns.

Bear Case : SRG

The primary concerns for SRG are Market Cap, Profit Margin, Return on Equity.

Key Dynamics to Monitor

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

SRG carries more volatility with a beta of 2.21 — expect wider price swings.

IRM is growing revenue faster at 21.6% — sustainability is the question.

SRG generates stronger free cash flow (-6M), providing more financial flexibility.

Bottom Line

IRM scores higher overall (64/100 vs 24/100) and 21.6% revenue growth. Both earn "Buy" and "Avoid" 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.

Seritage Growth Properties

REAL ESTATE · REAL ESTATE SERVICES · USA

Seritage Growth Properties is a publicly traded, self-managed and self-managed REIT with 166 wholly owned properties and 29 unconsolidated properties totaling approximately 30.

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