Iron Mountain Incorporated (Delaware)Common Stock REIT
Find Ratings ReportsIRON MOUNTAIN INC's gross profit margin for the fourth quarter of its fiscal year 2023 is essentially unchanged when compared to the same period a year ago. Even though sales increased, the net income has decreased, representing a decrease to the bottom line. IRON MOUNTAIN INC has weak liquidity. Currently, the Quick Ratio is 0.67 which shows a lack of ability to cover short-term cash needs. The company's liquidity has decreased from the same period last year.
At the same time, stockholders' equity ("net worth") has significantly decreased by 66.75% from the same quarter last year. Overall, the key liquidity measurements indicate that the company is in a position in which financial difficulties could develop in the future.
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Income Statement | Q4 FY23 | Q4 FY22 |
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Net Sales ($mil) | 1419.83 | 1279.05 |
EBITDA ($mil) | 503.57 | 459.91 |
EBIT ($mil) | 303.63 | 269.26 |
Net Income ($mil) | 28.48 | 122.44 |
Balance Sheet | Q4 FY23 | Q4 FY22 |
---|---|---|
Cash & Equiv. ($mil) | 248.65 | 152.36 |
Total Assets ($mil) | 17473.8 | 16140.51 |
Total Debt ($mil) | 14787.36 | 13286.9 |
Equity ($mil) | 211.65 | 636.67 |
Profitability | Q4 FY23 | Q4 FY22 |
---|---|---|
Gross Profit Margin | 57.65 | 57.78 |
EBITDA Margin | 35.46 | 35.95 |
Operating Margin | 21.38 | 21.05 |
Sales Turnover | 0.31 | 0.32 |
Return on Assets | 1.05 | 3.45 |
Return on Equity | 87.05 | 87.48 |
Debt | Q4 FY23 | Q4 FY22 |
---|---|---|
Current Ratio | 0.78 | 0.81 |
Debt/Capital | 0.99 | 0.95 |
Interest Expense | 155.0 | 139.03 |
Interest Coverage | 1.96 | 1.94 |
Share Data | Q4 FY23 | Q4 FY22 |
---|---|---|
Shares outstanding (mil) | 292.14 | 290.83 |
Div / share | 0.65 | 0.62 |
EPS | 0.1 | 0.42 |
Book value / share | 0.72 | 2.19 |
Institutional Own % | n/a | n/a |
Avg Daily Volume | 1480420.0 | 1619842.0 |
HOLD. IRON MOUNTAIN INC's P/E ratio indicates a significant premium compared to an average of 49.19 for the Real Estate subsector and a significant premium compared to the S&P 500 average of 27.95. For additional comparison, its price-to-book ratio of 107.73 indicates a significant premium versus the S&P 500 average of 4.68 and a significant premium versus the subsector average of 6.43. The price-to-sales ratio is well above the S&P 500 average, but well below the subsector average. After reviewing these and other key valuation criteria, IRON MOUNTAIN INC proves to trade at a premium to investment alternatives.
Price/Earnings |
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Price/Cash Flow |
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IRM 123.89 | Peers 49.19 | IRM 20.48 | Peers 18.58 | |||||||||||||||||||||
Premium. A higher P/E ratio than its peers can signify a more expensive stock or higher growth expectations. IRM is trading at a significant premium to its peers. |
Premium. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures. IRM is trading at a premium to its peers. |
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Price/Projected Earnings |
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Price to Earnings/Growth |
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IRM 36.73 | Peers 40.04 | IRM 0.58 | Peers 5.86 | |||||||||||||||||||||
Average. An average price-to-projected earnings ratio can signify an subsector neutral stock price and average future growth expectations. IRM is trading at a valuation on par with its peers. |
Discount. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples. IRM trades at a significant discount to its peers. |
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Price/Book |
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Earnings Growth |
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IRM 107.73 | Peers 6.43 | IRM -66.85 | Peers -7.55 | |||||||||||||||||||||
Premium. A higher price-to-book ratio makes a stock less attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet. IRM is trading at a significant premium to its peers. |
Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios. However, IRM is expected to significantly trail its peers on the basis of its earnings growth rate. |
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Price/Sales |
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Sales Growth |
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IRM 4.16 | Peers 7.79 | IRM 7.38 | Peers 11.68 | |||||||||||||||||||||
Discount. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales. IRM is trading at a significant discount to its subsector on this measurement. |
Lower. A sales growth rate that trails the subsector implies that a company is losing market share. IRM significantly trails its peers on the basis of sales growth. |
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