Elliott · activist-deck
Iron Mountain Incorporated (IRM)
48 pages · 3 arc beats · 2 loops
Iron Mountain Incorporated (IRM)
Elliott · 2011-03 arc beats above · slides in the middle · loops below · scroll → 2 LOOPS
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Deck intelligence map
3 coverage by narrative range · generated from this deck JSON
Narrative range 27 total
Metadata
Components
Metrics
Tools
Frameworks
Beats
Loops
Situation & Context 3 slides 100% 3/3 slides 100% 3/3 slides · 17 hits — 0/3 slides
66.7% 2/3 slides 66.7% 2/3 slides 100% 3/3 slides — 0/3 slides
Problem & Complication 6 slides 100% 6/6 slides 100% 6/6 slides · 35 hits — 0/6 slides
— 0/6 slides
66.7% 4/6 slides 100% 6/6 slides 100% 6/6 slides Solution & Approach 18 slides 100% 18/18 slides 100% 18/18 slides · 90 hits — 0/18 slides
50% 9/18 slides 55.6% 10/18 slides 100% 18/18 slides — 0/18 slides
Slide inventory
48 every slide · same image gating as the playbook
04
The chart uses a stacked bar approach to illustrate the additive value of two distinct strategic initiatives.show_valuation_bridge
Open slide detailBeat · Situation & Context
06
The slide uses a bulleted list structure to highlight competitive moats and market opportunity.establish_context
07
The slide uses a clear visual hierarchy to emphasize the dominance of the NOAM Physical segment.analyze_data
08
The slide uses a dual-axis combo chart (bar + line) for each metric to show absolute values and percentage margins/growth.analyze_data
09
The slide uses a combination of a line chart for growth trends and a stacked bar chart for capital allocation to argue that the business is running out of growtdiagnose_problem
11
Uses a rhetorical question structure to frame the investment as irrational.expose_contradiction
12
Uses a before-after framing to contrast high investment with poor financial performance.expose_contradiction
13
The slide uses bar charts to visually demonstrate the performance disparity between the two geographic segments.compare_peers
16
The chart shows a dual-axis plot of stock price and trading volume for IRM.expose_contradiction
17
Uses direct quotes from 2010 Investor Day to build a case against management's current capital allocation.expose_contradiction
18
Uses a highlight effect on the CEO quote to emphasize the 'growth at all costs' narrative.expose_contradiction
21
The slide uses a waterfall-style bridge to illustrate value creation.show_valuation_bridge
Open slide detailBeat · Solution & Approach
22
The chart uses a waterfall-bridge structure to illustrate the impact of specific business improvements on stock price.show_valuation_bridge
Open slide detailBeat · Solution & Approach
23
Includes a stacked bar chart representing the $5.47 opportunity and a table detailing mid and high-case savings.propose_solution
Open slide detailBeat · Solution & Approach
24
Uses a valuation bridge logic to arrive at the $3.45 per share figure.quantify_opportunity
Open slide detailBeat · Solution & Approach
25
The slide uses a 'Mid' and 'High' scenario to calculate valuation appreciation per share based on G&A savings.quantify_opportunity
Open slide detailBeat · Solution & Approach
26
The slide uses a stacked bar visual to represent the $3.72 opportunity and provides a supporting table for the valuation buildup.quantify_opportunity
Open slide detailBeat · Solution & Approach
28
The chart uses a stacked bar approach to show additive value components.show_valuation_bridge
Open slide detailBeat · Solution & Approach
29
The chart uses a waterfall-bridge style to illustrate the components of potential value uplift.show_valuation_bridge
Open slide detailBeat · Solution & Approach
32
The table shows sensitivity of per-share value to REIT cap rates and EBITDA multiples.quantify_opportunity
Open slide detailBeat · Solution & Approach
33
The table uses a scenario-based approach to demonstrate the valuation uplift of different strategic initiatives.quantify_opportunity
Open slide detailBeat · Solution & Approach
34
The table highlights specific share price outcomes corresponding to different operational and structural scenarios.quantify_opportunity
Open slide detailBeat · Solution & Approach
36
The slide uses a 'problem-solution' structure to critique current compensation metrics.propose_solution
Open slide detailBeat · Solution & Approach
42
The chart shows a downward trend in Capex as a % of revenue across three segments (International, Digital, NA) from 2006 to 2014.quantify_opportunity
Open slide detailLoop · Before After
43
The slide uses a red arrow to emphasize the upward trend in costs.diagnose_problem
Open slide detailLoop · Before After
44
Includes a red arrow annotation indicating the upward trend in costs.propose_solution
Open slide detailLoop · Before After
46
The slide uses pie charts to visualize the split between REIT and TRS segments for both revenue and OIBDA.present_solution
47
The slide uses a 3-year forward earnings yield to account for the slower earnings growth profile of REITs due to long-term leases.compare_peers
48
The slide includes a formula for Market Value based on AFFO and AFFO Yield.compare_peers