KORE Group (NYSE:KORE) and AST SpaceMobile (NASDAQ:ASTS) Critical Survey

KORE Group (NYSE:KORE) and AST SpaceMobile (NASDAQ:ASTS) are both computer and technology companies, but which is the better business? We will compare the two businesses based on the strength of their valuation, risk, analyst recommendations, earnings, dividends, institutional ownership and profitability.

Analyst Ratings

This is a summary of recent ratings for KORE Group and AST SpaceMobile, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
KORE Group	0	2	3	0	2.60
AST SpaceMobile	0	0	3	0	3.00

KORE Group presently has a consensus target price of $2.94, indicating a potential upside of 365.93%. AST SpaceMobile has a consensus target price of $14.97, indicating a potential upside of 46.44%. Given KORE Group’s higher probable upside, analysts clearly believe KORE Group is more favorable than AST SpaceMobile.

Earnings and Valuation

This table compares KORE Group and AST SpaceMobile’s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
KORE Group	$276.61 million	0.19	-$167.04 million	($1.88)	-0.34
AST SpaceMobile	$13.82 million	190.45	-$87.56 million	($0.98)	-10.43

AST SpaceMobile has lower revenue, but higher earnings than KORE Group. AST SpaceMobile is trading at a lower price-to-earnings ratio than KORE Group, indicating that it is currently the more affordable of the two stocks.

Volatility and Risk

KORE Group has a beta of 2.59, meaning that its stock price is 159% more volatile than the S&P 500. Comparatively, AST SpaceMobile has a beta of 1.57, meaning that its stock price is 57% more volatile than the S&P 500.

Profitability

This table compares KORE Group and AST SpaceMobile’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
KORE Group	-57.97%	-123.65%	-14.99%
AST SpaceMobile	N/A	-32.42%	-21.75%

Institutional & Insider Ownership

57.5% of KORE Group shares are owned by institutional investors. Comparatively, 61.0% of AST SpaceMobile shares are owned by institutional investors. 30.6% of KORE Group shares are owned by insiders. Comparatively, 56.6% of AST SpaceMobile shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Summary

AST SpaceMobile beats KORE Group on 8 of the 13 factors compared between the two stocks.

About KORE Group

KORE Group Holdings, Inc. provides Internet of Things (IoT) services and solutions worldwide. It offers connectivity and location-based services, device solutions, and managed and professional services that are used in the development and support of IoT technology for the business market. The company's products include IoT connectivity-as-a-service; connectivity enablement-as-a-service; device management services; and security location based services. It serves customers in healthcare, fleet and vehicle management, asset management, communication services, and industrial/manufacturing sectors. KORE Group Holdings, Inc. was founded in 2002 and is headquartered in Atlanta, Georgia.

About AST SpaceMobile

AST SpaceMobile, Inc., together with its subsidiaries, develops and provides access to a space-based cellular broadband network for smartphones in the United States. Its SpaceMobile service provides cellular broadband services to end-users who are out of terrestrial cellular coverage. The company was founded in 2017 and is headquartered in Midland, Texas.