Expro Group Holdings N.V.

NYSE:XPRO Stock Report

Market Cap: US$1.6b

Expro Group Holdings Valuation

Is XPRO undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of XPRO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: XPRO ($13.8) is trading below our estimate of fair value ($40.62)

Significantly Below Fair Value: XPRO is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for XPRO?

Key metric: As XPRO is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for XPRO. This is calculated by dividing XPRO's market cap by their current earnings.
What is XPRO's PE Ratio?
PE Ratio98.5x
EarningsUS$16.47m
Market CapUS$1.62b

Price to Earnings Ratio vs Peers

How does XPRO's PE Ratio compare to its peers?

The above table shows the PE ratio for XPRO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average25.3x
WTTR Select Water Solutions
25.3x49.9%US$1.8b
RES RPC
11.6xn/aUS$1.4b
SEI Solaris Energy Infrastructure
54.9x83.3%US$1.4b
INVX Innovex International
9.3x-33.6%US$1.2b
XPRO Expro Group Holdings
98.5x40.0%US$1.6b

Price-To-Earnings vs Peers: XPRO is expensive based on its Price-To-Earnings Ratio (98.5x) compared to the peer average (16.4x).

Price to Earnings Ratio vs Industry

How does XPRO's PE Ratio compare vs other companies in the US Energy Services Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
NCSM NCS Multistage Holdings
1.3x-107.5%US$57.59m
BASX.Q Basic Energy Services
n/an/aUS$24.00
No more companies available in this PE range
XPRO 98.5xIndustry Avg. 16.2xNo. of Companies7PE01020304050+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: XPRO is expensive based on its Price-To-Earnings Ratio (98.5x) compared to the US Energy Services industry average (16.2x).

Price to Earnings Ratio vs Fair Ratio

What is XPRO's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

XPRO PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio98.5x
Fair PE Ratio17.8x

Price-To-Earnings vs Fair Ratio: XPRO is expensive based on its Price-To-Earnings Ratio (98.5x) compared to the estimated Fair Price-To-Earnings Ratio (17.8x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst XPRO forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$13.80
US$21.00
+52.2%
9.1%US$24.00US$18.00n/a6
Nov ’25US$12.77
US$21.00
+64.4%
9.1%US$24.00US$18.00n/a6
Oct ’25US$17.23
US$25.33
+47.0%
11.1%US$29.00US$22.00n/a6
Sep ’25US$19.86
US$25.33
+27.6%
11.1%US$29.00US$22.00n/a6
Aug ’25US$22.09
US$26.00
+17.7%
10.5%US$29.00US$22.00n/a7
Jul ’25US$22.47
US$25.29
+12.5%
9.1%US$29.00US$22.00n/a7
Jun ’25US$21.95
US$24.86
+13.2%
9.5%US$29.00US$22.00n/a7
May ’25US$18.97
US$23.14
+22.0%
10.9%US$26.00US$18.00n/a7
Apr ’25US$19.62
US$22.86
+16.5%
12.0%US$26.00US$18.00n/a7
Mar ’25US$18.86
US$22.00
+16.6%
14.4%US$26.00US$18.00n/a7
Feb ’25US$17.83
US$21.57
+21.0%
14.6%US$26.00US$17.00n/a7
Jan ’25US$15.92
US$22.29
+40.0%
16.9%US$29.00US$17.00n/a7
Dec ’24US$15.65
US$22.29
+42.4%
16.9%US$29.00US$17.00n/a7
Nov ’24US$15.44
US$23.86
+54.5%
14.6%US$29.00US$17.00US$12.777
Oct ’24US$23.23
US$26.43
+13.8%
12.6%US$32.00US$22.00US$17.237
Sep ’24US$23.58
US$25.83
+9.6%
12.5%US$32.00US$22.00US$19.866
Aug ’24US$22.16
US$25.29
+14.1%
14.1%US$32.00US$22.00US$22.097
Jul ’24US$17.72
US$24.57
+38.7%
11.5%US$30.00US$22.00US$22.477
Jun ’24US$17.47
US$25.43
+45.6%
11.1%US$30.00US$22.00US$21.957
May ’24US$19.97
US$25.14
+25.9%
10.9%US$30.00US$22.00US$18.977
Apr ’24US$18.36
US$25.40
+38.3%
12.6%US$30.00US$22.00US$19.625
Mar ’24US$23.23
US$23.60
+1.6%
21.0%US$30.00US$16.00US$18.865
Feb ’24US$19.45
US$19.40
-0.3%
12.0%US$22.00US$16.00US$17.835
Jan ’24US$18.13
US$19.40
+7.0%
12.0%US$22.00US$16.00US$15.925
Dec ’23US$17.38
US$19.00
+9.3%
10.5%US$22.00US$16.00US$15.655
Nov ’23US$18.74
US$17.00
-9.3%
14.9%US$20.00US$14.00US$15.445

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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