회사 개요
Expro Group Holdings N.V. operates within the energy sector, specifically providing well construction products and services such as technology solutions in tubular running services, tubular products, and cementing across key global regions including North and Latin America, Europe, Sub-Saharan Africa, the Middle East and North Africa, and the Asia-Pacific. As a leading provider of oil and gas equipment and services, the company's operations are integral to the exploration and production lifecycle, offering essential technical capabilities required by upstream energy clients. The entity holds a market capitalization of $1.95B and generated annual revenue of $1.61B, supporting a workforce of 8,500 employees globally. These valuation and revenue figures indicate that Expro Group Holdings N.V. maintains a significant operational footprint within the international oil and gas equipment market, reflecting its established role as a substantial player with billions in market value and multi-billion dollar sales volume.
재무 건전성
The company reported a trailing twelve-month revenue of $1.61B with a net income of $51.69M and an EBITDA of $309.59M, revealing a substantial gap between operating earnings and bottom-line profit that highlights a heavy cost structure encompassing taxes, interest, and other non-operating expenses. This disparity suggests that while operational cash generation is robust at $309.59M, the final profitability is significantly compressed, a common characteristic in capital-intensive service industries where high operational leverage exists. The firm generated free cash flow of $148.29M, which demonstrates strong financial flexibility and the ability to fund capital expenditures, service debt obligations, or return capital without relying on external financing. Regarding liquidity, the balance sheet shows cash reserves of $196.09M against total debt of $168.51M, resulting in a conservative debt-to-equity ratio of 10.98 which indicates a net cash position and low leverage risk relative to shareholder equity. Short-term liquidity is further supported by a current ratio of 2.17, signaling that the company holds more than double the current assets required to cover its current liabilities, ensuring stability in meeting immediate obligations. Efficiency metrics show a return on equity of 3.4% and a return on assets of 3.2%, which indicates that management's effectiveness in generating returns is currently modest relative to the capital base deployed.
밸류에이션 평가
Expro Group Holdings N.V. trades with a trailing P/E ratio of 38.02 while projecting a forward P/E of 14.86, a stark difference that implies the market currently prices in significant expected earnings recovery or growth that is not yet reflected in historical performance. The price-to-book ratio stands at 1.27, indicating that the market values the company at a slight premium over its net asset book value, suggesting confidence in intangible assets or future earning potential beyond tangible balance sheet items. Alternative valuation metrics such as a price-to-sales ratio of 1.21 and an EV/EBITDA of 6.20 provide additional context, suggesting that despite high historical earnings multiples, the enterprise value relative to cash flow remains relatively compressed. The stock has a 52-week high of $18.73 and a 52-week low of $6.70, with the current price trading significantly closer to the lower end of this historical range, reflecting recent earnings volatility or market sentiment shifts. With a beta of 1.14, the stock exhibits volatility that is slightly higher than the broader market, meaning price movements are expected to be amplified relative to general market fluctuations.
Growth & Income
Recent financial performance data shows a revenue growth year-over-year of -12.5% and an earnings growth year-over-year of -74.8%, indicating that earnings are contracting at a much faster rate than revenue, which implies rising costs or margin compression rather than simple volume decline. The company does not pay dividends, evidenced by a dividend yield of N/A and a payout ratio of 0.0%, meaning that all net income is retained for reinvestment into the business, debt reduction, or share buybacks rather than distribution to shareholders. This reinvestment strategy is typical for firms in cyclical sectors facing downturns, as the company prioritizes capital preservation and future operational capacity over immediate income generation for investors. Overall, the growth and income profile is characterized by significant recent earnings contraction and a lack of dividend income, reflecting a period of adjustment within the oil and gas services cycle.