Iron Mountain Incorporated

BMV:IRM1 * Stock Report

Market Cap: Mex$687.4b

Iron Mountain Valuation

Is IRM1 * undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of IRM1 * when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: IRM1 * (MX$2326) is trading below our estimate of fair value (MX$2992.56)

Significantly Below Fair Value: IRM1 * is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for IRM1 *?

Key metric: As IRM1 * is barely profitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for IRM1 *. This is calculated by dividing IRM1 *'s market cap by their current revenue.
What is IRM1 *'s PS Ratio?
PS Ratio5.6x
SalesUS$5.99b
Market CapUS$33.71b

Price to Sales Ratio vs Peers

How does IRM1 *'s PS Ratio compare to its peers?

The above table shows the PS ratio for IRM1 * vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average13.5x
EDUCA 18 Fideicomiso Irrevocable No. F/3277 en Banco Invex S. A. Institución de Banca Múltiple INVEX Grupo
17.3xn/aMex$69.6b
FSITES 20 Fideicomiso Opsimex
13.5xn/aMex$88.1b
FIBRAPL 14 FIBRA Prologis
14.4x15.2%Mex$98.4b
VICI VICI Properties
8.8x3.6%US$33.4b
IRM1 * Iron Mountain
5.6x8.7%Mex$33.7b

Price-To-Sales vs Peers: IRM1 * is good value based on its Price-To-Sales Ratio (5.6x) compared to the peer average (13.5x).

Price to Sales Ratio vs Industry

How does IRM1 *'s PS Ratio compare vs other companies in the Global Specialized REITs Industry?

2 CompaniesPrice / SalesEstimated GrowthMarket Cap
No. of Companies9PS048121620+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: IRM1 * is good value based on its Price-To-Sales Ratio (5.6x) compared to the Global Specialized REITs industry average (8.2x).

Price to Sales Ratio vs Fair Ratio

What is IRM1 *'s PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

IRM1 * PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio5.6x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate IRM1 *'s Price-To-Sales Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst IRM1 * forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentMex$2,326.00
Mex$2,465.91
+6.0%
24.1%Mex$2,826.84Mex$908.63n/a8
Nov ’25n/a
Mex$2,373.43
0%
24.7%Mex$2,792.27Mex$877.57n/a8
Oct ’25n/a
Mex$2,037.29
0%
26.4%Mex$2,716.39Mex$853.72n/a8
Sep ’25n/a
Mex$1,956.16
0%
24.5%Mex$2,317.71Mex$842.80n/a8
Aug ’25n/a
Mex$1,792.74
0%
24.6%Mex$2,252.65Mex$825.97n/a8
Jul ’25n/a
Mex$1,546.57
0%
19.0%Mex$1,859.57Mex$810.11n/a8
Jun ’25n/a
Mex$1,402.18
0%
17.9%Mex$1,546.65Mex$747.83n/a8
May ’25n/a
Mex$1,312.55
0%
18.4%Mex$1,519.14Mex$734.53n/a8
Apr ’25n/a
Mex$1,312.55
0%
18.4%Mex$1,519.14Mex$734.53n/a8
Mar ’25n/a
Mex$1,277.43
0%
16.3%Mex$1,420.79Mex$753.19n/a8
Feb ’25n/a
Mex$1,193.60
0%
14.8%Mex$1,361.65Mex$758.39n/a8
Jan ’25n/a
Mex$1,140.15
0%
13.6%Mex$1,288.31Mex$755.81n/a8
Dec ’24n/a
Mex$1,139.52
0%
12.9%Mex$1,277.32Mex$769.89n/a8
Nov ’24n/a
Mex$1,171.07
0%
4.5%Mex$1,275.55Mex$1,105.47n/a7
Oct ’24n/a
Mex$1,171.07
0%
4.5%Mex$1,275.55Mex$1,105.47n/a7
Sep ’24n/a
Mex$1,171.07
0%
4.5%Mex$1,275.55Mex$1,105.47n/a7
Aug ’24n/a
Mex$1,127.72
0%
5.5%Mex$1,226.77Mex$1,031.20n/a7
Jul ’24n/a
Mex$1,127.72
0%
5.5%Mex$1,226.77Mex$1,031.20n/a7
Jun ’24n/a
Mex$1,127.72
0%
5.5%Mex$1,226.77Mex$1,031.20n/a7
May ’24n/a
Mex$1,158.09
0%
6.7%Mex$1,287.97Mex$1,060.68n/a7
Apr ’24n/a
Mex$1,158.09
0%
6.7%Mex$1,287.97Mex$1,060.68n/a7
Mar ’24Mex$1,045.00
Mex$1,128.26
+8.0%
6.5%Mex$1,251.87Mex$1,049.36n/a7
Feb ’24Mex$1,045.00
Mex$1,204.81
+15.3%
7.3%Mex$1,346.22Mex$1,088.86n/a7
Jan ’24Mex$1,045.00
Mex$1,204.81
+15.3%
7.3%Mex$1,346.22Mex$1,088.86n/a7
Dec ’23Mex$1,045.00
Mex$1,167.18
+11.7%
6.8%Mex$1,315.49Mex$1,064.00n/a6
Nov ’23Mex$1,045.00
Mex$1,226.87
+17.4%
5.9%Mex$1,360.22Mex$1,140.19n/a6

Analyst Forecast: Target price is less than 20% higher than the current share price.

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