Expro Net Income Per Share vs Net Income Analysis

XPRO Stock  USD 13.89  0.26  1.84%   
Expro Group financial indicator trend analysis is much more than just examining Expro Group Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Expro Group Holdings is a good investment. Please check the relationship between Expro Group Net Income Per Share and its Net Income accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Expro Group Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Net Income Per Share vs Net Income

Net Income Per Share vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Expro Group Holdings Net Income Per Share account and Net Income. At this time, the significance of the direction appears to have pay attention.
The correlation between Expro Group's Net Income Per Share and Net Income is -0.83. Overlapping area represents the amount of variation of Net Income Per Share that can explain the historical movement of Net Income in the same time period over historical financial statements of Expro Group Holdings, assuming nothing else is changed. The correlation between historical values of Expro Group's Net Income Per Share and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income Per Share of Expro Group Holdings are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Net Income Per Share i.e., Expro Group's Net Income Per Share and Net Income go up and down completely randomly.

Correlation Coefficient

-0.83
Relationship DirectionNegative 
Relationship StrengthSignificant

Net Income Per Share

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Expro Group Holdings financial statement analysis. It represents the amount of money remaining after all of Expro Group Holdings operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Expro Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Expro Group Holdings current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Expro Group Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
As of the 29th of November 2024, Selling General Administrative is likely to grow to about 113.5 M. Also, Tax Provision is likely to grow to about 46.5 M
 2021 2022 2023 2024 (projected)
Total Operating Expenses73.9M58.4M88.4M115.3M
Cost Of Revenue825.0M1.2B1.4B1.5B

Expro Group fundamental ratios Correlations

0.320.680.690.790.810.28-0.13-0.10.480.30.680.470.260.780.470.470.640.440.410.640.680.5-0.05-0.150.42
0.320.680.78-0.11-0.16-0.020.81-0.930.92-0.630.68-0.18-0.680.330.890.82-0.370.910.840.85-0.30.95-0.680.69-0.43
0.680.680.920.460.33-0.070.44-0.650.72-0.320.78-0.09-0.360.660.860.60.080.790.830.840.170.82-0.280.42-0.25
0.690.780.920.340.320.230.47-0.670.8-0.320.750.03-0.380.750.940.750.120.880.790.960.220.84-0.310.35-0.13
0.79-0.110.460.340.9-0.08-0.340.190.030.360.580.470.370.420.160.20.580.140.270.30.580.130.1-0.170.33
0.81-0.160.330.320.90.25-0.540.35-0.050.610.420.540.590.490.080.20.730.070.070.290.770.020.25-0.420.59
0.28-0.02-0.070.23-0.080.25-0.360.29-0.020.44-0.250.390.370.560.050.120.570.0-0.340.20.62-0.130.38-0.610.67
-0.130.810.440.47-0.34-0.54-0.36-0.940.73-0.960.51-0.33-0.97-0.040.70.58-0.720.70.770.55-0.720.72-0.770.91-0.8
-0.1-0.93-0.65-0.670.190.350.29-0.94-0.830.84-0.650.360.86-0.12-0.85-0.710.6-0.86-0.89-0.730.55-0.890.73-0.880.7
0.480.920.720.80.03-0.05-0.020.73-0.83-0.550.720.0-0.580.460.830.7-0.210.790.780.81-0.160.92-0.670.6-0.35
0.3-0.63-0.32-0.320.360.610.44-0.960.84-0.55-0.390.370.990.17-0.58-0.450.77-0.58-0.68-0.40.8-0.540.7-0.90.87
0.680.680.780.750.580.42-0.250.51-0.650.72-0.390.21-0.410.350.780.8-0.080.760.890.82-0.050.8-0.650.6-0.3
0.47-0.18-0.090.030.470.540.39-0.330.360.00.370.210.390.26-0.090.090.44-0.14-0.170.060.43-0.110.05-0.360.51
0.26-0.68-0.36-0.380.370.590.37-0.970.86-0.580.99-0.410.390.09-0.63-0.520.72-0.63-0.7-0.470.75-0.570.71-0.880.82
0.780.330.660.750.420.490.56-0.04-0.120.460.170.350.260.090.50.330.680.470.270.620.710.40.18-0.270.44
0.470.890.860.940.160.080.050.7-0.850.83-0.580.78-0.09-0.630.50.83-0.20.930.90.96-0.110.9-0.520.62-0.41
0.470.820.60.750.20.20.120.58-0.710.7-0.450.80.09-0.520.330.83-0.150.840.790.91-0.120.77-0.690.55-0.21
0.64-0.370.080.120.580.730.57-0.720.6-0.210.77-0.080.440.720.68-0.2-0.15-0.21-0.350.010.97-0.260.58-0.810.88
0.440.910.790.880.140.070.00.7-0.860.79-0.580.76-0.14-0.630.470.930.84-0.210.90.92-0.120.9-0.510.6-0.34
0.410.840.830.790.270.07-0.340.77-0.890.78-0.680.89-0.17-0.70.270.90.79-0.350.90.84-0.30.9-0.660.8-0.57
0.640.850.840.960.30.290.20.55-0.730.81-0.40.820.06-0.470.620.960.910.010.920.840.090.86-0.50.46-0.17
0.68-0.30.170.220.580.770.62-0.720.55-0.160.8-0.050.430.750.71-0.11-0.120.97-0.12-0.30.09-0.170.64-0.80.87
0.50.950.820.840.130.02-0.130.72-0.890.92-0.540.8-0.11-0.570.40.90.77-0.260.90.90.86-0.17-0.620.66-0.39
-0.05-0.68-0.28-0.310.10.250.38-0.770.73-0.670.7-0.650.050.710.18-0.52-0.690.58-0.51-0.66-0.50.64-0.62-0.830.6
-0.150.690.420.35-0.17-0.42-0.610.91-0.880.6-0.90.6-0.36-0.88-0.270.620.55-0.810.60.80.46-0.80.66-0.83-0.91
0.42-0.43-0.25-0.130.330.590.67-0.80.7-0.350.87-0.30.510.820.44-0.41-0.210.88-0.34-0.57-0.170.87-0.390.6-0.91
Click cells to compare fundamentals

Expro Group Account Relationship Matchups

Expro Group fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets994.2M1.0B1.9B1.9B2.0B1.7B
Short Long Term Debt Total32.9M90.8M110.3M94.7M110.9M116.4M
Other Current Liab103.5M59.0M181.6M259.4M258.0M144.2M
Total Current Liabilities128.9M224.2M331.2M437.7M488.9M253.1M
Total Stockholder Equity810.3M612.0M1.3B1.3B1.3B893.4M
Property Plant And Equipment Net361.0M352.0M562.0M537.2M585.5M404.9M
Current Deferred Revenue657K86.0M23.0M50.9M45.1M30.9M
Net Debt(163.8M)(26.1M)(125.1M)(120.1M)(40.9M)(42.9M)
Retained Earnings(220.8M)(403.7M)(535.6M)(555.8M)(579.1M)(550.2M)
Cash196.7M116.9M235.4M214.8M151.7M227.7M
Non Current Assets Total527.7M611.8M1.1B1.1B1.2B880.7M
Non Currrent Assets Other(355.1M)4.7M26.5M(9.3M)22.1M23.2M
Cash And Short Term Investments196.7M116.9M235.4M214.8M151.7M235.5M
Net Receivables166.7M213.9M339.8M446.2M496.7M314.9M
Common Stock Shares Outstanding37.5M70.9M80.5M109.1M109.2M61.2M
Liabilities And Stockholders Equity994.2M1.0B1.9B1.9B2.0B1.6B
Non Current Liabilities Total55.0M203.5M225.9M213.5M228.3M137.5M
Inventory78.8M53.4M125.1M153.7M143.3M101.1M
Other Current Assets24.2M40.0M63.8M50.8M59.8M34.0M
Other Stockholder Equity1.1B1.0B1.8B1.8B1.8B1.3B
Total Liab183.9M427.8M557.1M651.3M717.1M390.6M
Total Current Assets466.4M428.0M764.1M865.5M851.6M590.7M
Accumulated Other Comprehensive Income(30.3M)(1.5M)20.4M27.5M22.3M23.4M
Short Term Debt7.9M15.3M41.7M40.2M39.0M40.9M
Common Stock2.8M585K7.8M7.9M8.1M5.4M
Good Will99.9M25.5M179.9M221.0M247.7M188.0M
Intangible Assets260.5M173.2M253.1M229.5M239.7M191.9M

Pair Trading with Expro Group

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Expro Group position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Expro Group will appreciate offsetting losses from the drop in the long position's value.

Moving against Expro Stock

  0.79TS Tenaris SA ADRPairCorr
  0.75KGS Kodiak Gas Services,PairCorr
  0.73BKR Baker Hughes Fiscal Year End 28th of January 2025 PairCorr
  0.72EFXT EnerflexPairCorr
  0.7FTK Flotek IndustriesPairCorr
The ability to find closely correlated positions to Expro Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Expro Group when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Expro Group - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Expro Group Holdings to buy it.
The correlation of Expro Group is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Expro Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Expro Group Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Expro Group can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Expro Group Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Expro Group's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Expro Group Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Expro Group Holdings Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Expro Group Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Expro Group. If investors know Expro will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Expro Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.625
Earnings Share
0.14
Revenue Per Share
14.891
Quarterly Revenue Growth
0.143
Return On Assets
0.0273
The market value of Expro Group Holdings is measured differently than its book value, which is the value of Expro that is recorded on the company's balance sheet. Investors also form their own opinion of Expro Group's value that differs from its market value or its book value, called intrinsic value, which is Expro Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Expro Group's market value can be influenced by many factors that don't directly affect Expro Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Expro Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Expro Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Expro Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.