Is Iron Mountain Incorporated (IRM) overvalued?
On Equity Rank's model estimate, IRM trades 61% above its fair value. Iron Mountain Incorporated (IRM) last closed at $106.52; the multi-method model fair value is $66.31.
| Price | Model fair value | Price vs model |
|---|---|---|
| $106.52 | $66.31 | 61% above |
What the answer rests on
- 0 of 6 valuation methods put IRM's value above its price and 6 put it below, so the methods mostly agree.
- IRM trades at 84.8 times its last year's earnings, against a median of 26.8 for 107 profitable Real Estate companies.
- Over the past year the price sat below the model fair value on 0% of trading days. The gap ranged from 43% above to 64% above the model fair value.
Read this before relying on it
The model fair value is an estimate from published financial statements. It is not a forecast of where the price goes, and it can be wrong. Within 10% either side we call it close to fair value: valuation models are not precise enough to read more into a smaller gap. Our own lists have no proven edge over the market yet; the live record shows every result, misses included.
Every valuation method behind IRM's fair value · What prices assume · Other companies