WallStSmart

Farmland Partners Inc (FPI)vsIron Mountain Incorporated (IRM)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Iron Mountain Incorporated generates 14710% more annual revenue ($7.56B vs $51.06M). FPI leads profitability with a 50.2% profit margin vs 5.5%. FPI trades at a lower P/E of 19.5x. IRM earns a higher WallStSmart Score of 62/100 (C+).

FPI

Hold

48

out of 100

Grade: D+

Growth: 2.0Profit: 7.0Value: 7.0Quality: 8.0
Piotroski: 5/9Altman Z: 2.08

IRM

Buy

62

out of 100

Grade: C+

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

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

FPIUndervalued (+54.7%)

Margin of Safety

+54.7%

Fair Value

$26.80

Current Price

$9.92

$16.88 discount

UndervaluedFair: $26.80Overvalued
IRMSignificantly Overvalued (-34.0%)

Margin of Safety

-34.0%

Fair Value

$74.80

Current Price

$129.43

$54.63 premium

UndervaluedFair: $74.80Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

FPI3 strengths · Avg: 10.0/10
Price/BookValuation
0.9x10/10

Reasonable price relative to book value

Profit MarginProfitability
50.2%10/10

Keeps 50 of every $100 in revenue as profit

Operating MarginProfitability
36.3%10/10

Strong operational efficiency at 36.3%

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
-15.5710/10

Conservative balance sheet, low leverage

Revenue GrowthGrowth
18.5%8/10

18.5% revenue growth

Areas to Watch

FPI4 concerns · Avg: 2.5/10
Market CapQuality
$436.60M3/10

Smaller company, higher risk/reward

Return on EquityProfitability
5.6%3/10

ROE of 5.6% — below average capital efficiency

Revenue GrowthGrowth
-5.5%2/10

Revenue declined 5.5%

EPS GrowthGrowth
-50.2%2/10

Earnings declined 50.2%

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
91.8x2/10

Premium valuation, high expectations priced in

Comparative Analysis Report

WallStSmart Research

Bull Case : FPI

The strongest argument for FPI centers on Price/Book, Profit Margin, Operating Margin. Profitability is solid with margins at 50.2% and operating margin at 36.3%.

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.

Bear Case : FPI

The primary concerns for FPI are Market Cap, Return on Equity, Revenue Growth.

Bear Case : IRM

The primary concerns for IRM are Profit Margin, Piotroski F-Score, PEG Ratio. A P/E of 91.8x leaves little room for execution misses.

Key Dynamics to Monitor

FPI profiles as a declining stock while IRM is a growth play — different risk/reward profiles.

IRM carries more volatility with a beta of 1.22 — expect wider price swings.

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

FPI generates stronger free cash flow (-3M), providing more financial flexibility.

Bottom Line

IRM scores higher overall (62/100 vs 48/100) and 18.5% revenue growth. FPI offers better value entry with a 54.7% margin of safety. 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.

Farmland Partners Inc

REAL ESTATE · REIT - SPECIALTY · USA

Farmland Partners Inc. (FPI) is a leading real estate investment trust (REIT) focused on the acquisition and management of high-quality agricultural land throughout the United States. The company strategically leases its properties to experienced farmers, generating reliable cash flows while capitalizing on the burgeoning agricultural sector. With a strong commitment to sustainable farming practices and a well-diversified portfolio, FPI is well-equipped to respond to the rising global food demand. Its operational excellence and proactive approach position Farmland Partners to seize emerging opportunities in the agricultural landscape, delivering long-term value for its investors.

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.

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