WallStSmart

Kirby Corporation (KEX)vsNavios Maritime Partners LP Unit (NMM)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Kirby Corporation generates 150% more annual revenue ($3.36B vs $1.34B). NMM leads profitability with a 21.2% profit margin vs 10.5%. NMM appears more attractively valued with a PEG of 2.19. NMM earns a higher WallStSmart Score of 70/100 (B-).

KEX

Buy

63

out of 100

Grade: C+

Growth: 8.0Profit: 5.0Value: 7.3Quality: 4.8
Piotroski: 3/9

NMM

Strong Buy

70

out of 100

Grade: B-

Growth: 6.0Profit: 7.5Value: 10.0Quality: 5.0
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

KEXUndervalued (+58.7%)

Margin of Safety

+58.7%

Fair Value

$296.24

Current Price

$135.88

$160.36 discount

UndervaluedFair: $296.24Overvalued
NMMUndervalued (+86.1%)

Margin of Safety

+86.1%

Fair Value

$448.81

Current Price

$66.42

$382.39 discount

UndervaluedFair: $448.81Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

KEX3 strengths · Avg: 8.7/10
EPS GrowthGrowth
102.1%10/10

Earnings expanding 102.1% YoY

Price/BookValuation
2.2x8/10

Reasonable price relative to book value

Revenue GrowthGrowth
20.6%8/10

Revenue surging 20.6% year-over-year

NMM5 strengths · Avg: 9.4/10
P/E RatioValuation
6.7x10/10

Attractively priced relative to earnings

Price/BookValuation
0.6x10/10

Reasonable price relative to book value

Operating MarginProfitability
34.1%10/10

Strong operational efficiency at 34.1%

Profit MarginProfitability
21.2%9/10

Keeps 21 of every $100 in revenue as profit

EPS GrowthGrowth
28.2%8/10

Earnings expanding 28.2% YoY

Areas to Watch

KEX3 concerns · Avg: 2.0/10
Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

PEG RatioValuation
2.632/10

Expensive relative to growth rate

Operating MarginProfitability
-53.1%1/10

Operating margin of -53.1%

NMM3 concerns · Avg: 3.0/10
PEG RatioValuation
2.194/10

Expensive relative to growth rate

Market CapQuality
$1.87B3/10

Smaller company, higher risk/reward

Free Cash FlowQuality
$-11.78M2/10

Negative free cash flow — burning cash

Comparative Analysis Report

WallStSmart Research

Bull Case : KEX

The strongest argument for KEX centers on EPS Growth, Price/Book, Revenue Growth. Revenue growth of 20.6% demonstrates continued momentum.

Bull Case : NMM

The strongest argument for NMM centers on P/E Ratio, Price/Book, Operating Margin. Profitability is solid with margins at 21.2% and operating margin at 34.1%.

Bear Case : KEX

The primary concerns for KEX are Piotroski F-Score, PEG Ratio, Operating Margin.

Bear Case : NMM

The primary concerns for NMM are PEG Ratio, Market Cap, Free Cash Flow.

Key Dynamics to Monitor

KEX profiles as a growth stock while NMM is a mature play — different risk/reward profiles.

NMM carries more volatility with a beta of 1.23 — expect wider price swings.

KEX is growing revenue faster at 20.6% — sustainability is the question.

KEX generates stronger free cash flow (265M), providing more financial flexibility.

Bottom Line

NMM scores higher overall (70/100 vs 63/100), backed by strong 21.2% margins. KEX offers better value entry with a 58.7% margin of safety. Both earn "Strong Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Kirby Corporation

INDUSTRIALS · MARINE SHIPPING · USA

Kirby Corporation operates domestic tank barges in the United States. The company is headquartered in Houston, Texas.

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Navios Maritime Partners LP Unit

INDUSTRIALS · MARINE SHIPPING · USA

Navios Maritime Partners LP owns and operates dry cargo ships in Asia, Europe, North America and Australia. The company is headquartered in Monaco.

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