Professional
Added to YB: 2024-02-15
Pitch date: 2024-02-13
XPRO [bullish]
Expro Group Holdings N.V.
-21.78%
current return
Author Info
No bio for this author
Company Info
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.
Market Cap
$1.6B
Pitch Price
$17.95
Price Target
22.00 (+57%)
Dividend
N/A
EV/EBITDA
3.45
P/E
93.84
EV/Sales
0.97
Sector
Energy Equipment and Services
Category
growth
Expro Group Holdings N.V.: High Offshore Exposure Should Lead to Strong Performance
$XPRO FV $22 provides well services exploration to abandonment excels in construction w/ Frank's Intl acq 1/3 biz offshore capabilities patents brand commands premiums promises growth via cross-selling product integration diversifying lifecycle revenue towards stable opex no moat but construction segment leverages brand engineering expertise for edge faces competition in other sectors seeks 22% EBITDA margin post-acq risks integration tech competition ESG offshore regs no debt share buybacks navigating integration capital allocation for offshore investment
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