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KEX vs SPIR vs ASTS vs MATX
Revenue, margins, valuation, and 5-year total return — side by side.
Specialty Business Services
Communication Equipment
Marine Shipping
KEX vs SPIR vs ASTS vs MATX — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||||
|---|---|---|---|---|
| Industry | Marine Shipping | Specialty Business Services | Communication Equipment | Marine Shipping |
| Market Cap | $7.63B | $607.77B | $21.96B | $5.56B |
| Revenue (TTM) | $3.36B | $72M | $71M | $3.32B |
| Net Income (TTM) | $355M | $-25.02B | $-342M | $429M |
| Gross Margin | 26.3% | 40.8% | 53.4% | 18.4% |
| Operating Margin | 14.6% | -121.4% | -405.7% | 13.6% |
| Forward P/E | 20.4x | 11.5x | — | 13.1x |
| Total Debt | $1.30B | $8.76B | $32M | $727M |
| Cash & Equiv. | $79M | $24.81B | $2.34B | $142M |
KEX vs SPIR vs ASTS vs MATX — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | Nov 20 | May 26 | Return |
|---|---|---|---|
| Kirby Corporation (KEX) | 100 | 281.1 | +181.1% |
| Spire Global, Inc. (SPIR) | 100 | 23.5 | -76.5% |
| AST SpaceMobile, In… (ASTS) | 100 | 741.2 | +641.2% |
| Matson, Inc. (MATX) | 100 | 314.3 | +214.3% |
Price return only. Dividends and distributions are not included.
Quick Verdict: KEX vs SPIR vs ASTS vs MATX
Each card shows where this stock fits in a portfolio — not just who wins on paper.
KEX is the clearest fit if your priority is sleep-well-at-night and defensive.
- Lower volatility, beta 0.76, Low D/E 38.6%, current ratio 1.53x
- Beta 0.76, current ratio 1.53x
- Beta 0.76 vs SPIR's 3.10
SPIR is the clearest fit if your priority is value.
- Lower P/E (11.5x vs 13.1x)
ASTS is the #2 pick in this set and the best alternative if growth exposure and long-term compounding is your priority.
- Rev growth 15.1%, EPS growth 30.9%, 3Y rev CAGR 72.5%
- 6.7% 10Y total return vs MATX's 484.2%
- 15.1% revenue growth vs SPIR's -35.2%
- +197.2% vs KEX's +36.9%
MATX carries the broadest edge in this set and is the clearest fit for income & stability.
- Dividend streak 12 yrs, beta 1.65, yield 0.8%
- 12.9% margin vs SPIR's -349.6%
- 0.8% yield; 12-year raise streak; the other 3 pay no meaningful dividend
- 9.3% ROA vs SPIR's -47.3%, ROIC 10.8% vs -0.1%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 15.1% revenue growth vs SPIR's -35.2% | |
| Value | Lower P/E (11.5x vs 13.1x) | |
| Quality / Margins | 12.9% margin vs SPIR's -349.6% | |
| Stability / Safety | Beta 0.76 vs SPIR's 3.10 | |
| Dividends | 0.8% yield; 12-year raise streak; the other 3 pay no meaningful dividend | |
| Momentum (1Y) | +197.2% vs KEX's +36.9% | |
| Efficiency (ROA) | 9.3% ROA vs SPIR's -47.3%, ROIC 10.8% vs -0.1% |
KEX vs SPIR vs ASTS vs MATX — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
KEX vs SPIR vs ASTS vs MATX — Financial Metrics
Side-by-side numbers across 4 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
MATX leads in 3 of 6 categories
ASTS leads 1 • KEX leads 0 • SPIR leads 0 • 2 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
Evenly matched — KEX and ASTS and MATX each lead in 2 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
KEX is the larger business by revenue, generating $3.4B annually — 47.4x ASTS's $71M. MATX is the more profitable business, keeping 12.9% of every revenue dollar as net income compared to SPIR's -349.6%. On growth, ASTS holds the edge at +27.3% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||||
|---|---|---|---|---|
| RevenueTrailing 12 months | $3.4B | $72M | $71M | $3.3B |
| EBITDAEarnings before interest/tax | $756M | -$74M | -$237M | $644M |
| Net IncomeAfter-tax profit | $355M | -$25.0B | -$342M | $429M |
| Free Cash FlowCash after capex | $406M | -$16.2B | -$1.1B | $418M |
| Gross MarginGross profit ÷ Revenue | +26.3% | +40.8% | +53.4% | +18.4% |
| Operating MarginEBIT ÷ Revenue | +14.6% | -121.4% | -4.1% | +13.6% |
| Net MarginNet income ÷ Revenue | +10.5% | -349.6% | -4.8% | +12.9% |
| FCF MarginFCF ÷ Revenue | +12.1% | -227.0% | -16.0% | +12.6% |
| Rev. Growth (YoY)Latest quarter vs prior year | +6.2% | -26.9% | +27.3% | -3.1% |
| EPS Growth (YoY)Latest quarter vs prior year | +127.0% | +59.5% | -55.6% | -15.1% |
Valuation Metrics
MATX leads this category, winning 4 of 6 comparable metrics.
Valuation Metrics
At 11.5x trailing earnings, SPIR trades at a 49% valuation discount to KEX's 22.5x P/E. On an enterprise value basis, MATX's 7.7x EV/EBITDA is more attractive than KEX's 11.7x.
| Metric | ||||
|---|---|---|---|---|
| Market CapShares × price | $7.6B | $607.8B | $22.0B | $5.6B |
| Enterprise ValueMkt cap + debt − cash | $8.9B | $591.7B | $19.7B | $6.1B |
| Trailing P/EPrice ÷ TTM EPS | 22.47x | 11.48x | -56.01x | 13.17x |
| Forward P/EPrice ÷ next-FY EPS est. | 20.43x | — | — | 13.07x |
| PEG RatioP/E ÷ EPS growth rate | — | — | — | 0.51x |
| EV / EBITDAEnterprise value multiple | 11.72x | — | — | 7.72x |
| Price / SalesMarket cap ÷ Revenue | 2.27x | 8493.94x | 309.69x | 1.66x |
| Price / BookPrice ÷ Book value/share | 2.36x | 5.23x | 6.53x | 2.06x |
| Price / FCFMarket cap ÷ FCF | 18.80x | — | — | 36.16x |
Profitability & Efficiency
MATX leads this category, winning 5 of 9 comparable metrics.
Profitability & Efficiency
MATX delivers a 15.9% return on equity — every $100 of shareholder capital generates $16 in annual profit, vs $-88 for SPIR. ASTS carries lower financial leverage with a 0.01x debt-to-equity ratio, signaling a more conservative balance sheet compared to KEX's 0.39x. On the Piotroski fundamental quality scale (0–9), KEX scores 7/9 vs MATX's 5/9, reflecting strong financial health.
| Metric | ||||
|---|---|---|---|---|
| ROE (TTM)Return on equity | +10.5% | -88.4% | -21.1% | +15.9% |
| ROA (TTM)Return on assets | +5.9% | -47.3% | -12.6% | +9.3% |
| ROICReturn on invested capital | +8.2% | -0.1% | -47.1% | +10.8% |
| ROCEReturn on capital employed | +9.4% | -0.1% | -10.0% | +11.3% |
| Piotroski ScoreFundamental quality 0–9 | 7 | 5 | 5 | 5 |
| Debt / EquityFinancial leverage | 0.39x | 0.08x | 0.01x | 0.26x |
| Net DebtTotal debt minus cash | $1.2B | -$16.1B | -$2.3B | $585M |
| Cash & Equiv.Liquid assets | $79M | $24.8B | $2.3B | $142M |
| Total DebtShort + long-term debt | $1.3B | $8.8B | $32M | $727M |
| Interest CoverageEBIT ÷ Interest expense | 11.18x | 9.20x | -21.20x | 127.63x |
Total Returns (Dividends Reinvested)
ASTS leads this category, winning 5 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in ASTS five years ago would be worth $97,215 today (with dividends reinvested), compared to $2,337 for SPIR. Over the past 12 months, ASTS leads with a +197.2% total return vs KEX's +36.9%. The 3-year compound annual growth rate (CAGR) favors ASTS at 145.9% vs KEX's 25.8% — a key indicator of consistent wealth creation.
| Metric | ||||
|---|---|---|---|---|
| YTD ReturnYear-to-date | +27.1% | +136.7% | -10.1% | +48.3% |
| 1-Year ReturnPast 12 months | +36.9% | +93.8% | +197.2% | +85.9% |
| 3-Year ReturnCumulative with dividends | +99.0% | +242.0% | +1386.1% | +181.6% |
| 5-Year ReturnCumulative with dividends | +111.7% | -76.6% | +872.1% | +193.9% |
| 10-Year ReturnCumulative with dividends | +123.4% | -75.7% | +668.2% | +484.2% |
| CAGR (3Y)Annualised 3-year return | +25.8% | +50.7% | +145.9% | +41.2% |
Risk & Volatility
Evenly matched — KEX and MATX each lead in 1 of 2 comparable metrics.
Risk & Volatility
KEX is the less volatile stock with a 0.76 beta — it tends to amplify market swings less than SPIR's 3.10 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. MATX currently trades 96.5% from its 52-week high vs ASTS's 57.8% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||||
|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.76x | 3.10x | 2.83x | 1.65x |
| 52-Week HighHighest price in past year | $157.69 | $23.59 | $129.89 | $189.28 |
| 52-Week LowLowest price in past year | $79.52 | $6.60 | $22.47 | $86.97 |
| % of 52W HighCurrent price vs 52-week peak | +90.2% | +78.4% | +57.8% | +96.5% |
| RSI (14)Momentum oscillator 0–100 | 47.6 | 47.7 | 38.1 | 58.8 |
| Avg Volume (50D)Average daily shares traded | 701K | 1.6M | 15.1M | 269K |
Analyst Outlook
MATX leads this category, winning 1 of 1 comparable metric.
Analyst Outlook
Analyst consensus: KEX as "Buy", SPIR as "Buy", ASTS as "Buy", MATX as "Buy". Consensus price targets imply 38.1% upside for ASTS (target: $104) vs -6.7% for SPIR (target: $17). MATX is the only dividend payer here at 0.79% yield — a key consideration for income-focused portfolios.
| Metric | ||||
|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy | Buy | Buy |
| Price TargetConsensus 12-month target | $151.33 | $17.25 | $103.65 | $190.00 |
| # AnalystsCovering analysts | 29 | 12 | 7 | 11 |
| Dividend YieldAnnual dividend ÷ price | — | — | — | +0.8% |
| Dividend StreakConsecutive years of raises | 1 | — | — | 12 |
| Dividend / ShareAnnual DPS | — | — | — | $1.44 |
| Buyback YieldShare repurchases ÷ mkt cap | +4.6% | 0.0% | 0.0% | +5.5% |
MATX leads in 3 of 6 categories (Valuation Metrics, Profitability & Efficiency). ASTS leads in 1 (Total Returns). 2 tied.
KEX vs SPIR vs ASTS vs MATX: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is KEX or SPIR or ASTS or MATX a better buy right now?
For growth investors, AST SpaceMobile, Inc.
(ASTS) is the stronger pick with 1505% revenue growth year-over-year, versus -35. 2% for Spire Global, Inc. (SPIR). Spire Global, Inc. (SPIR) offers the better valuation at 11. 5x trailing P/E, making it the more compelling value choice. Analysts rate Kirby Corporation (KEX) a "Buy" — based on 29 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — KEX or SPIR or ASTS or MATX?
On trailing P/E, Spire Global, Inc.
(SPIR) is the cheapest at 11. 5x versus Kirby Corporation at 22. 5x. On forward P/E, Matson, Inc. is actually cheaper at 13. 1x — notably different from the trailing picture, reflecting expected earnings growth.
03Which is the better long-term investment — KEX or SPIR or ASTS or MATX?
Over the past 5 years, AST SpaceMobile, Inc.
(ASTS) delivered a total return of +872. 1%, compared to -76. 6% for Spire Global, Inc. (SPIR). Over 10 years, the gap is even starker: ASTS returned +668. 2% versus SPIR's -75. 7%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — KEX or SPIR or ASTS or MATX?
By beta (market sensitivity over 5 years), Kirby Corporation (KEX) is the lower-risk stock at 0.
76β versus Spire Global, Inc. 's 3. 10β — meaning SPIR is approximately 306% more volatile than KEX relative to the S&P 500. On balance sheet safety, AST SpaceMobile, Inc. (ASTS) carries a lower debt/equity ratio of 1% versus 39% for Kirby Corporation — giving it more financial flexibility in a downturn.
05Which is growing faster — KEX or SPIR or ASTS or MATX?
By revenue growth (latest reported year), AST SpaceMobile, Inc.
(ASTS) is pulling ahead at 1505% versus -35. 2% for Spire Global, Inc. (SPIR). On earnings-per-share growth, the picture is similar: Spire Global, Inc. grew EPS 137. 8% year-over-year, compared to -0. 4% for Matson, Inc.. Over a 3-year CAGR, ASTS leads at 72. 5% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — KEX or SPIR or ASTS or MATX?
Spire Global, Inc.
(SPIR) is the more profitable company, earning 71. 7% net margin versus -482. 2% for AST SpaceMobile, Inc. — meaning it keeps 71. 7% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: KEX leads at 14. 6% versus -405. 7% for ASTS. At the gross margin level — before operating expenses — ASTS leads at 53. 4%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is KEX or SPIR or ASTS or MATX more undervalued right now?
On forward earnings alone, Matson, Inc.
(MATX) trades at 13. 1x forward P/E versus 20. 4x for Kirby Corporation — 7. 4x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for ASTS: 38. 1% to $103. 65.
08Which pays a better dividend — KEX or SPIR or ASTS or MATX?
In this comparison, MATX (0.
8% yield) pays a dividend. KEX, SPIR, ASTS do not pay a meaningful dividend and should not be held primarily for income.
09Is KEX or SPIR or ASTS or MATX better for a retirement portfolio?
For long-horizon retirement investors, Kirby Corporation (KEX) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.
76), +123. 4% 10Y return). Spire Global, Inc. (SPIR) carries a higher beta of 3. 10 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (KEX: +123. 4%, SPIR: -75. 7%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between KEX and SPIR and ASTS and MATX?
These companies operate in different sectors (KEX (Industrials) and SPIR (Industrials) and ASTS (Technology) and MATX (Industrials)), which means they face different economic cycles, regulatory environments, and macro sensitivities — making direct comparison nuanced.
In terms of investment character: KEX is a small-cap quality compounder stock; SPIR is a large-cap deep-value stock; ASTS is a mid-cap high-growth stock; MATX is a small-cap deep-value stock. MATX pays a dividend while KEX, SPIR, ASTS do not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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