Stock fact sheet · data as of
Expro Group Holdings N.V. (XPRO): fair value, margin of safety and Wheel Score
Ticker symbol XPRO · Energy · Oil & Gas Equipment & Services · United States · Blend
Is XPRO undervalued?
XPRO closed at 13.86 on 5 Nov 2026, more than 30% above the GLS average fair value of 8.55. Only 2 of the 8 models that produced a value sit above the price. By our models the shares are priced well beyond what the filed earnings, cash flow and book value support; the "below fair value" Wheel Trade Filter keeps names like this under 70.
There is a wide gap between EPV (0.1548) and DCF (32.18). When the models are this far apart the "fair value" is really a range, and the margin of safety above should be read with that range in mind.
Ranked against every other company we cover, neither cheapness nor growth clearly wins for XPRO, so the nightly engine files it under Blend (value score 47, growth score 48, out of 100).
Nine valuation models for XPRO
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 32.18 | +132% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 2.05 | -85% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 0.4237 | -97% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 0.1575 | -99% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 0.8528 | -94% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 31.22 | +125% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 1.38 | -90% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | - | - | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend; no value tonight |
| EPV | 0.1548 | -99% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | 1.30 | -91% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 16.50 | +19% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Expro Group Holdings N.V. scores 6 of 9 on the Piotroski F-score: a middling result that passes the "Piotroski 6 or more" Wheel Trade Filter. Some of the nine tests on profitability, leverage and efficiency are failed, so the accounts are worth a look before selling a put on the name. A GLS Moat score of 4.7/10 is a weak reading: the accounts do not show returns and margins that competitors have been unable to wear down, so the Moat part of the Wheel Score contributes little.
Returns on capital are thin or negative - ROIC 2.9%, ROE 3.4%, ROA 2.2% - with debt at 0.15 times equity and a free-cash-flow yield of 6.8%.
Expro Group Holdings N.V. pays no dividend, so the DDM model does not apply and a covered-call holder earns only the premium and any price gain. Revenue comes mainly from Well Management 66%, Well Construction 34% (quarter Q2 FY2026).
Institutional ownership scores 10/10, insider activity 5/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 6 / 9 | ROIC | 2.9% |
|---|---|---|---|
| GLS Moat | 4.7 / 10 | ROE | 3.4% |
| Debt / equity | 0.15 | ROA | 2.2% |
| Free-cash-flow yield | 6.8% | Payout ratio | 724% |
| Institutions | 10 / 10 | Insiders · Congress | 5 · 5 / 10 |
Wheel Score 26: Weak
With a Wheel Score of 26 Expro Group Holdings N.V. sits in the Weak band. It fails filter 1, options that actually trade - options too quiet (114 open interest, 114 a day); and filter 3, below fair value - trades 62% above our fair value; Value (weak) is its weakest part.
Implied volatility is 77% on the near-the-money contracts 20-60 days out - above the 60% top of the sweet spot. It still passes the 25-80% filter, but the Wheel Score rewards it less because volatility this high usually comes with a reason. Chain open interest is thin - 114 contracts across every expiry - so fills at a fair price are not guaranteed; a 30-45-day put may not exist at a usable strike.
Volume runs at 2.6M shares a day on a market cap of $1.6B, with a beta of 1.00; the Stability part of the Wheel Score rates that fair.
| Filter | Wheel Trade Filter | Result | Detail |
|---|---|---|---|
| 1 | Options that actually trade | Fails | options too quiet (114 open interest, 114 a day) |
| 2 | A real business, not a gamble | Passes | Profitable over the last twelve months - not a speculative stock, fund or note |
| 3 | Below fair value | Fails | trades 62% above our fair value |
| 4 | Financially healthy | Passes | Piotroski F-score 6 or more out of 9 (a company with no score on file passes) |
| 5 | Can repay its debt | Passes | Long-term debt repaid from 3 years of operating cash flow or less (6 for real estate and utilities; banks and insurers are not judged on it) |
| 6 | No serious red flags | Passes | Red Flags score 60 or more out of 100 (earnings, margins, debt, analysts, filings and price checked the same way for every stock) |
| 7 | A premium worth selling | Passes | Implied volatility 25-80% (enough premium, not a lottery ticket) |
| 8 | Big enough | Passes | Market cap $1 billion or more |
| 9 | Not a penny stock | Passes | Share price $5 or more |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Weak | 62% above fair value | |
| Premium | Good | implied volatility 77% | |
| Moat | Fair | moat 4.7/10 | |
| Health | Good | Piotroski 6/9 | |
| Red Flags | Weak | Red Flags score 62/100 | |
| Option trading | Weak | 114 contracts a day, 114 open interest | |
| Stability | Fair | beta 1.00, $1.6B company |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls: a stock must pass all 9 Wheel Trade Filters to score 70, and the score then ranks the ones that pass; the Sunday Scan is the top 10. It is updated nightly and is not a recommendation. How the Wheel Score works · the walkthrough lesson shows how it fits into a trade, start to finish.
Upcoming events
No upcoming earnings date is recorded for XPRO in the nightly calendar.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Oil & Gas Equipment & Services
The 12 companies below are the closest to Expro Group Holdings N.V. by market cap within the Oil & Gas Equipment & Services industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| INVX Innovex International, Inc. | 25.59 | 24.14 | -6% | 34Weak | $1.8B |
| FLOC Flowco Holdings Inc. | 19.46 | 35.31 | +45% | 48Weak | $1.8B |
| RES RPC, Inc. | 5.90 | 5.94 | +1% | 34Weak | $1.3B |
| WBI WaterBridge Infrastructure LLC | 26.04 | 13.85 | -88% | 31Weak | $1.2B |
| EROK EagleRock Land LLC | 19.12 | 118.96 | +84% | 29No options | $2.1B |
| VTOL Bristow Group Inc. | 38.96 | 61.31 | +36% | 47Weak | $1.2B |
| LBRT Liberty Energy Inc. | 13.15 | 8.53 | -54% | 33Weak | $2.1B |
| NESR National Energy Services Reunited Corp. | 21.49 | 43.39 | +50% | 45Weak | $2.2B |
| WTTR Select Water Solutions, Inc. | 16.90 | 9.08 | -86% | 33Weak | $2.2B |
| EFXT Enerflex Ltd. | 20.45 | 24.84 | +18% | 70Good | $2.5B |
| TTI TETRA Technologies, Inc. | 6.18 | 2.10 | -194% | 34Weak | $917M |
| HOS Hornbeck Offshore Services, Inc. | 6.14 | 2.68 | -129% | 10Weak | $904M |
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A free GLS Equity account gets you nightly fair value and the Wheel Score on ~7,400 US stocks, a watchlist, the scanner preview and the Sunday Scan - the top 10 stocks that pass all 9 Wheel Trade Filters, emailed every week. Pro adds the full put and call scanners, unlimited watchlists with alerts and the trade journal.
Start free See the Sunday ScanQuestions about XPRO
Is XPRO undervalued right now?
No: at 13.86 the stock trades 62% above the GLS average fair value of 8.55 (data as of 5 Nov 2026), well beyond what trailing earnings, cash flow and book value support.
What is the Wheel Score of XPRO and what does it mean?
XPRO scores 26 out of 100 (Weak) - it fails Wheel Trade Filters 1, 3. The Wheel Score ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned - in two parts: the 9 pass/fail Wheel Trade Filters (busy options, a real business, below fair value, Piotroski 6 or more, debt it can repay, a Red Flags score of 60 or more, implied volatility of 25-80%, a $1 billion company, $5 a share) and a ranking of how strongly a stock passes on value, premium, moat, health, red flags, option trading and stability. A stock that fails any filter stays under 70; 70-84 is Good, 85 and above is Prime. The Sunday Scan is the top 10 that pass, sorted by Wheel Score.
What is the GLS fair value for XPRO?
8.55 per share as of 5 Nov 2026 - the simple average of the 8 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does Expro Group Holdings N.V. report earnings next?
No upcoming earnings date is recorded for XPRO in our calendar as of 5 Nov 2026; the Calendars page is refreshed every morning.
Does XPRO have listed options, and how liquid are they?
Yes. The nightly snapshot found 24 listed contracts with 114 open interest across all expiries and implied volatility of 77% on the near-the-money contracts. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.