Crown Castle Inc (CCI) is overvalued and Iron Mountain Inc (IRM) is overvalued.
Both trade above our estimate of their intrinsic value. CCI is the closer of the two: -37%, against -208% for IRM.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 8.6% (average of 3 methods) values the shares at $52.83; the price of $72.37 is 37% above that value, and 77% of that value comes from beyond year five.
Leak Score 47/100 on 8 of 12 signals
Discounting its cash flows at 8.9% (average of 2 methods) values the shares at $38.38; the price of $118.13 is 208% above that value.
Leak Score 28/100 on 8 of 12 signals
| Metric | CCI | IRM |
|---|---|---|
| Verdict | Overvalued | Overvalued |
| Price | $72.37 | $118.13 |
| Intrinsic value | $52.83 | $38.38 |
| Margin of safety | -37% | -208% |
| Leak Score | 47/100 (8/12) | 28/100 (8/12) |
| Market cap | $30.8B | $35.2B |
| Revenue growth, 5 years | -6.1% | 10.7% |
| Operating margin | 48.3% | 20.6% |
| Net margin | 47.6% | 5.5% |
| Return on equity | -276.4% | — |
| P/E | 15.9x | 84.3x |
| Forward P/E | 25.7x | 42.5x |
| Dividend yield | 5.9% | 2.9% |