(XPRO) Expro Holdings - Overview
Sector: Energy | Industry: Oil & Gas Equipment & Services | Exchange: NYSE (USA) | Market Cap: 1.806m USD | Total Return: 75.5% in 12m
Avg Turnover: 14.1M
EPS Trend: 85.2%
Qual. Beats: 0
Rev. Trend: 65.9%
Qual. Beats: 0
Warnings
Altman Z'' 0.43 < 1.0 - financial distress zone
Fakeout Choppy Below Avwap Earnings
Tailwinds
No distinct edge detected
Expro Group Holdings N.V. (XPRO) is a global energy services provider specializing in well construction and well management for the upstream oil and gas sector. The company operates across major energy hubs, including North and Latin America, Europe, Sub-Saharan Africa, the Middle East, and the Asia-Pacific regions. Its service portfolio supports exploration and production companies through specialized technologies in subsea well access, tubular running, and well flow management for both onshore and offshore environments.
The business model relies heavily on capital expenditure cycles within the offshore drilling industry, where high-pressure and high-temperature environments necessitate sophisticated intervention and integrity solutions. As an oilfield services provider, Expro operates in a fragmented sector where technical differentiation in wellbore cleanup and cementing is a primary driver of contract awards. You can evaluate the company’s valuation metrics and peer comparisons on ValueRay to deepen your analysis.
Founded in 1938 and headquartered in Houston, Texas, Expro focuses on optimizing reservoir performance and ensuring well lifecycle safety. The company’s revenue stability is frequently tied to long-term offshore projects, which typically involve higher barriers to entry and more complex engineering requirements than conventional onshore drilling operations.
- Offshore deepwater activity recovery drives demand for high-margin subsea well access
- Expansion of well intervention services offsets cyclical declines in traditional drilling
- Integration of tubular running services technology captures market share in Latin America
- Capital expenditure cycles of major international oil companies dictate long-term revenue growth
- Geopolitical instability in North Africa and Middle East threatens regional service continuity
| Net Income: 36.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.04 > 0.02 and ΔFCF/TA 2.43 > 1.0 |
| NWC/Revenue: 32.30% < 20% (prev 28.95%; Δ 3.35% < -1%) |
| CFO/TA 0.09 > 3% & CFO 193.9m > Net Income 36.7m |
| Net Debt (94.9m) to EBITDA (283.7m): 0.33 < 3 |
| Current Ratio: 2.13 > 1.5 & < 3 |
| Outstanding Shares: last quarter (113.6m) vs 12m ago -2.83% < -2% |
| Gross Margin: 11.99% > 18% (prev 0.13%; Δ 1.19k% > 0.5%) |
| Asset Turnover: 69.80% > 50% (prev 75.02%; Δ -5.21% > 0%) |
| Interest Coverage Ratio: 7.40 > 6 (EBITDA TTM 283.7m / Interest Expense TTM 12.4m) |
| A: 0.23 (Total Current Assets 964.1m - Total Current Liabilities 452.6m) / Total Assets 2.24b |
| B: -0.21 (Retained Earnings -476.6m / Total Assets 2.24b) |
| C: 0.04 (EBIT TTM 91.6m / Avg Total Assets 2.27b) |
| D: -0.62 (Book Value of Equity -450.0m / Total Liabilities 729.5m) |
| Altman-Z'' = 0.43 = B |
| DSRI: 1.12 (Receivables 532.6m/516.6m, Revenue 1.58b/1.72b) |
| GMI: 1.07 (GM 11.99% / 12.85%) |
| AQI: 0.97 (AQ_t 0.31 / AQ_t-1 0.32) |
| SGI: 0.92 (Revenue 1.58b / 1.72b) |
| TATA: -0.07 (NI 36.7m - CFO 193.9m) / TA 2.24b) |
| Beneish M = -3.01 (Cap -4..+1) = AA |
As of May 29, 2026, the stock is trading at USD 15.08 with a total of 819,776 shares traded.
Over the past week, the price has changed by -12.73%,
over one month by -17.77%,
over three months by -17.08% and
over the past year by +75.47%.
Expro Holdings has received a consensus analysts rating of 3.75. Therefore, it is recommended to hold XPRO.
- StrongBuy: 0
- Buy: 3
- Hold: 1
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 18 | 19.4% |
P/E Trailing = 49.7813
P/E Forward = 12.0048
P/S = 1.1405
P/B = 1.192
P/EG = 1.0
Revenue TTM = 1.58b USD
EBIT TTM = 91.6m USD
EBITDA TTM = 283.7m USD
Long Term Debt = 79.1m USD (from longTermDebt, last quarter)
Short Term Debt = 20.8m USD (from shortTermDebt, last quarter)
Debt = 265.6m USD (from shortLongTermDebtTotal, last quarter) + Leases 93.3m
Net Debt = 94.9m USD (calculated: Debt 265.6m - CCE 170.8m)
Enterprise Value = 1.90b USD (1.81b + Debt 265.6m - CCE 170.8m)
Interest Coverage Ratio = 7.40 (Ebit TTM 91.6m / Interest Expense TTM 12.4m)
EV/FCF = 21.38x (Enterprise Value 1.90b / FCF TTM 88.9m)
FCF Yield = 4.68% (FCF TTM 88.9m / Enterprise Value 1.90b)
FCF Margin = 5.61% (FCF TTM 88.9m / Revenue TTM 1.58b)
Net Margin = 2.32% (Net Income TTM 36.7m / Revenue TTM 1.58b)
Gross Margin = 11.99% ((Revenue TTM 1.58b - Cost of Revenue TTM 1.39b) / Revenue TTM)
Gross Margin QoQ = 6.68% (prev 14.44%)
Tobins Q-Ratio = 0.85 (Enterprise Value 1.90b / Total Assets 2.24b)
Interest Expense / Debt = 4.66% (Interest Expense 12.4m / Debt 265.6m)
Taxrate = 40.14% (34.7m / 86.3m)
NOPAT = 54.8m (EBIT 91.6m * (1 - 40.14%))
Current Ratio = 2.13 (Total Current Assets 964.1m / Total Current Liabilities 452.6m)
Debt / Equity = 0.18 (Debt 265.6m / totalStockholderEquity, last quarter 1.52b)
Debt / EBITDA = 0.33 (Net Debt 94.9m / EBITDA 283.7m)
Debt / FCF = 1.07 (Net Debt 94.9m / FCF TTM 88.9m)
Total Stockholder Equity = 1.52b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.62% (Net Income 36.7m / Total Assets 2.24b)
RoE = 1.84% (Net Income TTM 36.7m / Total Stockholder Equity 2.00b)
RoCE = 4.41% (EBIT 91.6m / Capital Employed (Equity 2.00b + L.T.Debt 79.1m))
RoIC = 3.05% (NOPAT 54.8m / Invested Capital 1.80b)
WACC = 8.95% (E(1.81b)/V(2.07b) * Re(9.86%) + D(265.6m)/V(2.07b) * Rd(4.66%) * (1-Tc(0.40)))
Discount Rate = 9.86% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 11.11 | Cagr: 1.32%
[DCF] Terminal Value 76.04% ; FCFF base≈67.4m ; Y1≈77.2m ; Y5≈113.7m
[DCF] Fair Price = 12.80 (EV 1.55b - Net Debt 94.9m = Equity 1.45b / Shares 113.4m; r=8.95% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 85.20 | EPS CAGR: 83.75% | SUE: 0.26 | # QB: 0
Revenue Correlation: 65.95 | Revenue CAGR: 4.68% | SUE: 0.05 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.20 | Chg30d=-12.99% | Revisions=N/A | Analysts=4
EPS next Quarter (2026-09-30): EPS=0.28 | Chg30d=-3.20% | Revisions=+20% | Analysts=4
EPS current Year (2026-12-31): EPS=0.89 | Chg30d=-1.16% | Revisions=+20% | GrowthEPS=-11.3% | GrowthRev=-0.9%
EPS next Year (2027-12-31): EPS=1.20 | Chg30d=+8.09% | Revisions=-14% | GrowthEPS=+34.7% | GrowthRev=+4.6%
[Analyst] Revisions Ratio: +20%