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Iron Mountain (BSP:I1RM34) Cyclically Adjusted Price-to-FCF : 109.65 (As of Jun. 10, 2024)


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What is Iron Mountain Cyclically Adjusted Price-to-FCF?

As of today (2024-06-10), Iron Mountain's current share price is R$449.55. Iron Mountain's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was R$4.10. Iron Mountain's Cyclically Adjusted Price-to-FCF for today is 109.65.

The historical rank and industry rank for Iron Mountain's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BSP:I1RM34' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 18.69   Med: 32.42   Max: 104.23
Current: 103.7

During the past years, Iron Mountain's highest Cyclically Adjusted Price-to-FCF was 104.23. The lowest was 18.69. And the median was 32.42.

BSP:I1RM34's Cyclically Adjusted Price-to-FCF is ranked worse than
96.14% of 389 companies
in the REITs industry
Industry Median: 11.36 vs BSP:I1RM34: 103.70

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Iron Mountain's adjusted free cash flow per share data for the three months ended in Mar. 2024 was R$-4.274. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is R$4.10 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Iron Mountain Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Iron Mountain's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Iron Mountain Cyclically Adjusted Price-to-FCF Chart

Iron Mountain Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.80 24.92 49.09 48.50 82.03

Iron Mountain Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 53.23 58.56 67.19 82.03 97.32

Competitive Comparison of Iron Mountain's Cyclically Adjusted Price-to-FCF

For the REIT - Specialty subindustry, Iron Mountain's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Iron Mountain's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Iron Mountain's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Iron Mountain's Cyclically Adjusted Price-to-FCF falls into.



Iron Mountain Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Iron Mountain's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=449.55/4.1
=109.65

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Iron Mountain's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Iron Mountain's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-4.274/131.7762*131.7762
=-4.274

Current CPI (Mar. 2024) = 131.7762.

Iron Mountain Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.578 100.560 0.757
201409 0.108 100.428 0.142
201412 1.002 99.070 1.333
201503 -1.162 99.621 -1.537
201506 1.389 100.684 1.818
201509 1.219 100.392 1.600
201512 2.085 99.792 2.753
201603 -0.122 100.470 -0.160
201606 0.463 101.688 0.600
201609 1.345 101.861 1.740
201612 0.365 101.863 0.472
201703 0.322 102.862 0.413
201706 1.228 103.349 1.566
201709 1.086 104.136 1.374
201712 1.024 104.011 1.297
201803 -0.415 105.290 -0.519
201806 2.427 106.317 3.008
201809 1.450 106.507 1.794
201812 2.076 105.998 2.581
201903 -1.262 107.251 -1.551
201906 1.580 108.070 1.927
201909 0.583 108.329 0.709
201912 2.195 108.420 2.668
202003 0.376 108.902 0.455
202006 3.726 108.767 4.514
202009 1.443 109.815 1.732
202012 4.059 109.897 4.867
202103 -1.538 111.754 -1.814
202106 2.854 114.631 3.281
202109 -0.937 115.734 -1.067
202112 1.940 117.630 2.173
202203 -1.849 121.301 -2.009
202206 2.060 125.017 2.171
202209 -0.960 125.227 -1.010
202212 1.554 125.222 1.635
202303 -2.461 127.348 -2.547
202306 -0.312 128.729 -0.319
202309 -2.424 129.860 -2.460
202312 1.166 129.419 1.187
202403 -4.274 131.776 -4.274

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Iron Mountain  (BSP:I1RM34) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Iron Mountain Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Iron Mountain's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Iron Mountain (BSP:I1RM34) Business Description

Industry
Traded in Other Exchanges
Address
85 New Hampshire Avenue, Suite 150, Portsmouth, NH, USA, 03801
Iron Mountain Inc is a record management services provider. The firm is organized as a REIT. Most of its revenue comes from its storage business, with the rest coming from value-added services. The firm primarily caters to enterprise clients in developed markets. Its business segments include Global RIM Business; Global Data Center Business; and Corporate and Other Business.

Iron Mountain (BSP:I1RM34) Headlines

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