Expro Group Holdings (XPRO) AI Stock Analysis

• Market Cap: $1.47B
• Dividend Yield: N/A
• Average Volume (3M): 1.17M
• Price to Earnings (P/E): 22.6
• Beta (1Y): 1.03
• Revenue Growth: -1.24%
• EPS Growth: 337.41%
• Country: US
• Employees: 8,500
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Equipment & Services
• EPS (TTM): 0.12
• Shares Outstanding: 113,560,425
• 10 Day Avg. Volume: 1,592,333
• 30 Day Avg. Volume: 1,171,844
• PEG Ratio: -0.09
• Price to Book (P/B): 0.96
• Price to Sales (P/S): 0.84
• P/FCF Ratio: 55.25
• Enterprise Value/Market Cap: 0.93
• Enterprise Value/Revenue: 0.82
• Enterprise Value/Gross Profit: 6.27
• Enterprise Value/Ebitda: 4.55
• 1Y Price Target: $14.67
• Price Target Upside: 10.05% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 3
• EPS Forecast (FY): 1.08
• Revenue Forecast (FY): $1.64B

• Rating: 77 Outperform
• Price Target: $16.50 ▲(23.78% Upside)

Expro Group Holdings receives a strong overall score driven by robust financial performance and technical indicators. The company's strategic initiatives and technological advancements, highlighted in the earnings call, further enhance its market position. While valuation metrics and revenue growth present some challenges, the company's operational efficiency and contract wins provide a solid foundation for future growth.

Positive Factors

Technological Innovations

Expro's technological innovations enhance its service offerings, providing a competitive edge and supporting long-term growth in the oil and gas sector.

Strong Cash Flow Generation

Strong cash flow generation indicates robust financial health, enabling reinvestment in growth initiatives and providing a buffer against market volatility.

Significant Contract Wins

Long-term contracts with major operators ensure stable revenue streams and reinforce Expro's position as a key player in the industry.

Negative Factors

Negative Revenue Growth

Declining revenue growth could indicate challenges in market demand or competitive pressures, potentially impacting long-term profitability.

Softer Activity in Asia Pacific

Reduced activity in key regions like Asia Pacific may limit growth opportunities and affect overall revenue performance.

Flat to Slightly Down Activity Outlook for 2026

A flat or declining activity outlook for 2026 suggests potential stagnation in market expansion, impacting future revenue and growth prospects.

Expro Group Holdings Business Overview & Revenue Model

Company Description

Expro Group Holdings N.V. engages in the provision of energy services in North and Latin America, Europe and Sub-Saharan Africa, the Middle East and North Africa, and the Asia-Pacific. The company provides well construction services, such as technology solutions in drilling, tubular running services, and cementing and tubulars; and well management services, including well flow management, subsea well access, and well intervention and integrity services. It serves exploration and production companies in onshore and offshore environments in approximately 60 countries with approximately 100 locations. The company was founded in 1938 and is based in Houston, Texas.

How the Company Makes Money

Expro Group Holdings generates revenue through multiple streams tied to its core services. The primary revenue source comes from well testing and completion services, where the company charges fees for its expertise in assessing well performance and ensuring optimal production. Additionally, Expro offers subsea services, which include installation and maintenance of underwater equipment, contributing significantly to its earnings. Production solutions, which involve assisting clients in maximizing output from existing wells, also represent a key revenue stream. The company has established partnerships with major oil and gas operators, which not only provides a steady client base but also positions Expro as a critical service provider in the supply chain of energy production. Furthermore, the company's investment in digital solutions and data analytics enhances its service offerings and opens new avenues for revenue generation through technology-driven solutions.

Expro Group Holdings Financial Statement Overview

Summary

Expro Group Holdings demonstrates strong financial health with improving profitability and a solid balance sheet. While revenue growth is a concern, the company shows resilience in cash flow generation and operational efficiency. The low leverage and positive cash flow trends position the company well for future growth, despite the challenges in revenue expansion.

Income Statement

Expro Group Holdings shows a solid improvement in profitability metrics over the TTM period. The gross profit margin stands at 21.41%, and the net profit margin is 4.15%, indicating a positive trend compared to previous years. However, the revenue growth rate is negative at -68.6%, which is a concern. The EBIT and EBITDA margins have improved, reflecting better operational efficiency.

Balance Sheet

The company maintains a strong balance sheet with a low debt-to-equity ratio of 0.06, indicating low leverage. The return on equity is modest at 4.57%, showing profitability from equity. The equity ratio is healthy, suggesting a stable financial structure.

Cash Flow

Cash flow metrics show a positive trend with a free cash flow growth rate of 14.06% in the TTM period. The operating cash flow to net income ratio is 0.54, indicating good cash generation relative to net income. However, the free cash flow to net income ratio is moderate at 0.51, suggesting room for improvement in cash flow efficiency.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.66B	1.71B	1.51B	1.28B	825.76M	675.03M
Gross Profit	217.46M	233.17M	110.61M	82.29M	731.00K	-5.54M
EBITDA	299.63M	273.95M	197.15M	161.11M	17.04M	-191.10M
Net Income	68.95M	51.92M	-23.36M	-20.14M	-131.89M	-307.05M
Balance Sheet
Total Assets	2.31B	2.41B	2.07B	1.96B	1.92B	1.06B
Cash, Cash Equivalents and Short-Term Investments	198.62M	184.66M	153.17M	218.46M	239.85M	120.71M
Total Debt	189.87M	203.05M	110.88M	94.72M	110.30M	90.84M
Total Liabilities	788.08M	916.47M	769.74M	678.54M	626.11M	452.26M
Stockholders Equity	1.52B	1.49B	1.30B	1.29B	1.30B	611.98M
Cash Flow
Free Cash Flow	127.57M	25.90M	16.20M	-1.74M	-65.37M	-42.00M
Operating Cash Flow	250.50M	169.48M	138.31M	80.17M	16.14M	70.39M
Investing Cash Flow	-117.93M	-165.14M	-148.23M	-71.21M	112.05M	-96.77M
Financing Cash Flow	-104.49M	29.57M	-49.34M	-25.61M	-7.18M	-625.00K

Expro Group Holdings Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 13.33
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For XPRO, the sentiment is Neutral. The current price of 13.33 is below the 20-day moving average (MA) of 14.00, below the 50-day MA of 13.61, and above the 200-day MA of 10.84, indicating a neutral trend. The MACD of -0.15 indicates Positive momentum. The RSI at 42.31 is Neutral, neither overbought nor oversold. The STOCH value of 17.85 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for XPRO.

Expro Group Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NESR	79 Outperform	$1.48B	20.75	7.67%	―	0.31%	33.08%
XPRO	77 Outperform	$1.47B	22.55	4.60%	―	-1.24%	337.41%
DNOW	76 Outperform	$2.54B	15.47	8.10%	―	3.18%	-53.71%
OII	73 Outperform	$2.36B	10.87	28.92%	―	8.71%	72.09%
LBRT	69 Neutral	$2.83B	15.54	9.21%	1.80%	-12.05%	-46.45%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
MRC	45 Neutral	―	―	0.28%	―	-10.96%	-169.10%

Expro Group Holdings Corporate Events

Expro Group Holdings Reports Strong Q3 2025 Results

On October 23, 2025, Expro Group Holdings announced its third-quarter 2025 financial results, highlighting a revenue of $411 million and a net income of $14 million. The company increased its full-year guidance for Adjusted EBITDA and Adjusted Free Cash Flow, reflecting strong operational performance and strategic milestones, including a world record for casing string deployment and several technology awards. Expro’s achievements in technological advancements and contract wins underscore its commitment to innovation, safety, and sustainability, enhancing its market position and stakeholder value.