World Access (OTCMKTS:WAXS) & MBIA (NYSE:MBI) Critical Survey

World Access (OTCMKTS:WAXS) and MBIA (NYSE:MBI) are both finance companies, but which is the superior business? We will compare the two businesses based on the strength of their risk, institutional ownership, analyst recommendations, dividends, valuation, earnings and profitability.

Earnings & Valuation

This table compares World Access and MBIA”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
World Access	N/A	N/A	N/A	N/A	N/A
MBIA	$80.00 million	3.76	-$177.00 million	($3.58)	-1.65

World Access has higher earnings, but lower revenue than MBIA.

Profitability

This table compares World Access and MBIA’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
World Access	N/A	N/A	N/A
MBIA	-221.25%	N/A	-1.68%

Institutional & Insider Ownership

61.0% of MBIA shares are held by institutional investors. 16.4% of World Access shares are held by company insiders. Comparatively, 12.6% of MBIA shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Analyst Ratings

This is a summary of recent ratings and recommmendations for World Access and MBIA, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
World Access	0	0	0	0	0.00
MBIA	1	0	1	0	2.00

MBIA has a consensus price target of $7.50, indicating a potential upside of 26.90%. Given MBIA’s stronger consensus rating and higher probable upside, analysts clearly believe MBIA is more favorable than World Access.

Summary

MBIA beats World Access on 5 of the 8 factors compared between the two stocks.

About World Access

World Access, Inc. operates as a global services company providing solutions in customer care to organizations in the travel, financial, health care, and call center industries. It consists of three full service companies and three specialized services companies. World Access Service Corporation serves companies located in the US and companies that have travelers or employees visiting North America. World Access Canada serves companies located in Canada; and World Access Asia serves companies located in eastern Asia, including Japan. World Access Europe provides members of World Access with logistical and medical support throughout the region. Other companies include World Access Provider Network Services; and World Access Transport Services that manages and coordinates all medical evacuation and repatriation activities for World Access. The company is based in Atlanta, Georgia. In April 2001, the company filed voluntary petitions for Chapter 11 relief in the United States Bankruptcy Court on behalf of itself and certain of its U.S. subsidiaries.

About MBIA

MBIA Inc. provides financial guarantee insurance services to public finance markets in the United States. It operates United States (U.S.) Public Finance Insurance, and International and Structured Finance Insurance segments. The company issues financial guarantees for municipal bonds, including tax-exempt and taxable indebtedness of the U.S. political subdivisions, as well as utility districts, airports, health care institutions, higher educational facilities, housing authorities, and other similar agencies and obligations issued by private entities. It also insures the non-U.S. public finance and global structured finance, including asset-backed obligations; and sovereign-related and sub-sovereign bonds, and privately issued bonds used for the financing for utilities, toll roads, bridges, public transportation facilities, and other types of infrastructure projects, as well as offers third-party reinsurance services. MBIA Inc. was founded in 1973 and is headquartered in Purchase, New York.