Expro Group Holdings N.V. (NYSE:XPRO) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?
Expro Group Holdings N.V. (NYSE:XPRO) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?
With its stock down 31% over the past three months, it is easy to disregard Expro Group Holdings (NYSE:XPRO). But if you pay close attention, you might find that its key financial indicators look quite decent, which could mean that the stock could potentially rise in the long-term given how markets usually reward more resilient long-term fundamentals. Particularly, we will be paying attention to Expro Group Holdings' ROE today.
在过去三个月,Expro Group Holdings(纽交所:XPRO)的股票下跌了31%,很容易就会忽视它。但如果你仔细观察,你会发现它的关键财务指标看起来相当不错,这意味着该股票在长期内可能会上涨,因为市场通常会奖励更有韧性的长期基本面。特别是,我们今天将关注Expro Group Holdings的roe。
ROE or return on equity is a useful tool to assess how effectively a company can generate returns on the investment it received from its shareholders. In simpler terms, it measures the profitability of a company in relation to shareholder's equity.
roe指股东权益回报率,是一种有用的工具,用于评估公司如何有效地从股东获得的投资中产生回报。简单来说,这衡量了一家公司相对于股东权益的盈利能力。
How Do You Calculate Return On Equity?
如何计算净资产收益率?
The formula for return on equity is:
权益回报率的计算公式是:
Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity
净资产收益率 = 净利润(来自持续经营) ÷ 股东权益
So, based on the above formula, the ROE for Expro Group Holdings is:
因此,基于上述公式,Expro Group Holdings的roe为:
1.1% = US$16m ÷ US$1.5b (Based on the trailing twelve months to September 2024).
1.1% = US$1600万 ÷ US$15亿(基于截至2024年9月的过去十二个月)。
The 'return' is the profit over the last twelve months. So, this means that for every $1 of its shareholder's investments, the company generates a profit of $0.01.
“回报率”是过去十二个月的利润。因此,这意味着对于股东投资的每1美元,该公司将获得0.01美元的利润。
What Is The Relationship Between ROE And Earnings Growth?
What Is The Relationship Between ROE And Earnings Growth?
Thus far, we have learned that ROE measures how efficiently a company is generating its profits. Based on how much of its profits the company chooses to reinvest or "retain", we are then able to evaluate a company's future ability to generate profits. Assuming everything else remains unchanged, the higher the ROE and profit retention, the higher the growth rate of a company compared to companies that don't necessarily bear these characteristics.
到目前为止,我们已经知道ROE测量公司如何高效地生成利润。基于公司选择重新投资或“保留”其利润的比例,我们能够评估公司未来生成利润的能力。假设其他所有因素保持不变,则ROE和利润保留率越高,公司的增长率也越高,与不一定具备这些特征的公司相比。
Expro Group Holdings' Earnings Growth And 1.1% ROE
Expro集团控股的盈利增长及1.1% roe
It is quite clear that Expro Group Holdings' ROE is rather low. Not just that, even compared to the industry average of 14%, the company's ROE is entirely unremarkable. Despite this, surprisingly, Expro Group Holdings saw an exceptional 51% net income growth over the past five years. Therefore, there could be other reasons behind this growth. For instance, the company has a low payout ratio or is being managed efficiently.
很明显,Expro集团控股的roe相当低。不仅如此,与行业平均的14%相比,该公司的roe完全不值得一提。尽管如此,令人惊讶的是,Expro集团控股在过去五年中净利润增长了51%。因此,可能还有其他原因导致这一增长。例如,公司可能拥有较低的分红派息比率,或者管理效率很高。
Next, on comparing Expro Group Holdings' net income growth with the industry, we found that the company's reported growth is similar to the industry average growth rate of 53% over the last few years.
接下来,比较Expro集团控股的净利润增长与行业时,我们发现该公司报告的增长与过去几年行业平均增长率53%相似。
Earnings growth is a huge factor in stock valuation. What investors need to determine next is if the expected earnings growth, or the lack of it, is already built into the share price. By doing so, they will have an idea if the stock is headed into clear blue waters or if swampy waters await. One good indicator of expected earnings growth is the P/E ratio which determines the price the market is willing to pay for a stock based on its earnings prospects. So, you may want to check if Expro Group Holdings is trading on a high P/E or a low P/E, relative to its industry.
盈利增长是股票估值的重要因素。投资者接下来需要判断的是,预期的盈利增长或缺乏盈利增长是否已经反映在股票价格中。通过这样做,他们将能判断该股票是朝向沃特世的蓝海前进,还是面临泥泞的水域。预期盈利增长的一个好指标是市盈率,它判断市场愿意为一只股票的盈利前景支付多少价格。因此,您可能想检查Expro Group Holdings相对于其行业是高市盈率还是低市盈率。
Is Expro Group Holdings Efficiently Re-investing Its Profits?
Expro Group Holdings是否有效地重新投资其利润?
Expro Group Holdings doesn't pay any regular dividends currently which essentially means that it has been reinvesting all of its profits into the business. This definitely contributes to the high earnings growth number that we discussed above.
Expro Group Holdings目前不支付任何定期分红,这基本上意味着它已经将所有利润重新投资于业务中。这无疑有助于我们前面讨论的高盈利增长数字。
Conclusion
结论
In total, it does look like Expro Group Holdings has some positive aspects to its business. Even in spite of the low rate of return, the company has posted impressive earnings growth as a result of reinvesting heavily into its business. With that said, the latest industry analyst forecasts reveal that the company's earnings growth is expected to slow down. Are these analysts expectations based on the broad expectations for the industry, or on the company's fundamentals? Click here to be taken to our analyst's forecasts page for the company.
总体而言,Expro Group Holdings的业务似乎有一些积极的方面。尽管回报率低,公司仍因大量重新投资于业务而获得了可观的盈利增长。尽管如此,最新的行业分析师预测显示,公司的盈利增长预计将放缓。这些分析师的预期是基于行业的广泛预期,还是基于公司的基本面?点击此处以访问我们分析师对该公司的预测页面。
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