Expro Group Holdings (XPRO): Assessing Valuation After Q3 Results and Buyback Completion

Expro Group Holdings (NYSE:XPRO) just released its third quarter results, showing slightly lower sales and net income compared to last year’s quarter. At the same time, the company concluded its multi-year share buyback program.

See our latest analysis for Expro Group Holdings.

Expro Group Holdings has caught some attention lately, especially after wrapping up its share buyback and posting quarterly results that were mixed. The past 90 days have seen a strong 30% share price return, which points to building momentum despite only a modest 1-year total shareholder return of 6%. Investors seem to be reassessing the company's growth outlook and recent capital allocation moves.

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With the buyback now complete and recent results reflecting both pressures and progress, investors may be wondering if Expro Group Holdings trades at an attractive valuation or if the market has already factored in any upside.

Most Popular Narrative: 4.4% Undervalued

Expro Group Holdings closed at $13.58. The most widely followed narrative sets its fair value at $14.20 with a 7.6% discount rate. This suggests analysts see some upside left versus the most recent market price, making the valuation debate particularly lively right now.

Accelerated development and deployment of advanced digital and automation technologies, such as remote operations and AI-driven tools, are enhancing operational efficiency and margin expansion. This is creating potential for further net margin and earnings improvements as adoption grows.

Read the complete narrative.

Want to know why analysts are hinting at an efficiency breakthrough? There’s one projected margin number and a future profit multiple that underpin this bullish case. Ready to discover the critical assumptions and the tension between near-term hurdles and long-term optimism? Explore the full narrative to see what fuels their price estimate.

Result: Fair Value of $14.20 (UNDERVALUED)

Have a read of the narrative in full and understand what's behind the forecasts.

However, long-term shifts toward renewables and possible setbacks in offshore project approvals could challenge Expro’s growth outlook and dampen future returns.

Find out about the key risks to this Expro Group Holdings narrative.

Another View: A Look Through Market Multiples

While analysts see upside based on fair value, market comparisons tell a different story. Expro is priced at a 22.8x earnings ratio, noticeably higher than both its industry average of 16.7x and a fair ratio of 13.9x. This signals investors are paying a premium, which could pose risks if growth expectations are not met. Should investors rethink how much optimism is already built into the price?

See what the numbers say about this price — find out in our valuation breakdown.

Build Your Own Expro Group Holdings Narrative

If you’re looking to dig into the numbers yourself or think there’s another angle to this story, you can build your own case in just a few minutes. Do it your way

A great starting point for your Expro Group Holdings research is our analysis highlighting 3 key rewards and 1 important warning sign that could impact your investment decision.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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