WallStSmart

Global Medical REIT Inc. (GMRE)vsIron Mountain Incorporated (IRM)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Iron Mountain Incorporated generates 4665% more annual revenue ($6.90B vs $144.83M). IRM leads profitability with a 2.1% profit margin vs 0.0%. IRM appears more attractively valued with a PEG of 2.70. IRM earns a higher WallStSmart Score of 52/100 (C-).

GMRE

Buy

52

out of 100

Grade: C-

Growth: 4.0Profit: 4.0Value: 5.7Quality: 3.5
Piotroski: 4/9Altman Z: -0.31

IRM

Buy

52

out of 100

Grade: C-

Growth: 6.0Profit: 7.0Value: 2.7Quality: 3.3
Piotroski: 2/9Altman Z: 0.12
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

GMREUndervalued (+48.1%)

Margin of Safety

+48.1%

Fair Value

$70.88

Current Price

$35.98

$34.90 discount

UndervaluedFair: $70.88Overvalued
IRMOvervalued (-10.8%)

Margin of Safety

-10.8%

Fair Value

$90.41

Current Price

$125.99

$35.58 premium

UndervaluedFair: $90.41Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

GMRE1 strengths · Avg: 10.0/10
Price/BookValuation
1.2x10/10

Reasonable price relative to book value

IRM3 strengths · Avg: 8.7/10
Return on EquityProfitability
225.1%10/10

Every $100 of equity generates 225 in profit

Operating MarginProfitability
22.0%8/10

Strong operational efficiency at 22.0%

Revenue GrowthGrowth
16.6%8/10

16.6% revenue growth

Areas to Watch

GMRE4 concerns · Avg: 3.5/10
Revenue GrowthGrowth
0.1%4/10

0.1% revenue growth

EPS GrowthGrowth
2.0%4/10

2.0% earnings growth

Market CapQuality
$979.78M3/10

Smaller company, higher risk/reward

Return on EquityProfitability
0.0%3/10

ROE of 0.0% — below average capital efficiency

IRM4 concerns · Avg: 2.5/10
Profit MarginProfitability
2.1%3/10

2.1% 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
229.0x2/10

Premium valuation, high expectations priced in

Comparative Analysis Report

WallStSmart Research

Bull Case : GMRE

The strongest argument for GMRE centers on Price/Book.

Bull Case : IRM

The strongest argument for IRM centers on Return on Equity, Operating Margin, Revenue Growth. Revenue growth of 16.6% demonstrates continued momentum.

Bear Case : GMRE

The primary concerns for GMRE are Revenue Growth, EPS Growth, Market Cap. Debt-to-equity of 1.50 is elevated, increasing financial risk. Thin 0.0% margins leave little buffer for downturns.

Bear Case : IRM

The primary concerns for IRM are Profit Margin, Piotroski F-Score, PEG Ratio. A P/E of 229.0x leaves little room for execution misses. Thin 2.1% margins leave little buffer for downturns.

Key Dynamics to Monitor

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

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

IRM is growing revenue faster at 16.6% — sustainability is the question.

IRM generates stronger free cash flow (-16M), providing more financial flexibility.

Bottom Line

GMRE scores higher overall (52/100 vs 52/100). 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.

Global Medical REIT Inc.

REAL ESTATE · REIT - HEALTHCARE FACILITIES · USA

Global Medical REIT Inc. (GMRE) is a prominent healthcare-focused real estate investment trust (REIT) dedicated to acquiring and leasing income-producing healthcare facilities throughout the United States. By targeting established operators in sectors such as outpatient surgical centers, hospitals, and senior living facilities, GMRE aims to deliver consistent and growing income streams to investors. The company strategically navigates underserved markets, positioning itself to address the increasing demand for healthcare infrastructure while maintaining a diversified tenant base that enhances portfolio resilience and drives sustainable shareholder returns.

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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