Expro Return On Capital Employed from 2010 to 2024
| XPRO Stock | USD 11.40 0.62 5.16% |
Return On Capital Employed | First Reported 2010-12-31 | Previous Quarter 0.00708786 | Current Value 0.007442 | Quarterly Volatility 0.11937862 |
Check Expro Group financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Expro Group's main balance sheet or income statement drivers, such as Depreciation And Amortization of 129.7 M, Interest Expense of 3.7 M or Selling General Administrative of 113.5 M, as well as many indicators such as Price To Sales Ratio of 1.21, Dividend Yield of 0.004 or PTB Ratio of 0.81. Expro financial statements analysis is a perfect complement when working with Expro Group Valuation or Volatility modules.
Expro | Return On Capital Employed |
Latest Expro Group's Return On Capital Employed Growth Pattern
Below is the plot of the Return On Capital Employed of Expro Group Holdings over the last few years. It is Expro Group's Return On Capital Employed historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Expro Group's overall financial position and show how it may be relating to other accounts over time.
| Return On Capital Employed | 10 Years Trend |
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Return On Capital Employed |
| Timeline |
Expro Return On Capital Employed Regression Statistics
| Arithmetic Mean | (0.03) | |
| Coefficient Of Variation | (462.41) | |
| Mean Deviation | 0.08 | |
| Median | 0.01 | |
| Standard Deviation | 0.12 | |
| Sample Variance | 0.01 | |
| Range | 0.51 | |
| R-Value | (0.20) | |
| Mean Square Error | 0.01 | |
| R-Squared | 0.04 | |
| Significance | 0.47 | |
| Slope | (0.01) | |
| Total Sum of Squares | 0.20 |
Expro Return On Capital Employed History
About Expro Group Financial Statements
Expro Group investors utilize fundamental indicators, such as Return On Capital Employed, to predict how Expro Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Return On Capital Employed | 0.01 | 0.01 |
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
| 0.81 | TS | Tenaris SA ADR | PairCorr |
| 0.78 | KGS | Kodiak Gas Services, | PairCorr |
| 0.77 | EFXT | Enerflex | PairCorr |
| 0.76 | BKR | Baker Hughes Fiscal Year End 28th of January 2025 | PairCorr |
| 0.73 | FTK | Flotek Industries | PairCorr |
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.Check out the analysis of Expro Group Correlation against competitors. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
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.