What is Expro Group Holdings NV Net Current Asset Value?
In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).
Expro Group Holdings NV's net current asset value per share for the quarter that ended in Mar. 2024 was €1.30.
The historical rank and industry rank for Expro Group Holdings NV's Net Current Asset Value or its related term are showing as below:
FRA:FK2'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 5.67 Med: 9.17 Max: 15.44
Current: 15.44
During the past 5 years, the highest Price-to-Net-Current-Asset-Value Ratio of Expro Group Holdings NV was 15.44. The lowest was 5.67. And the median was 9.17.
FRA:FK2's Price-to-Net-Current-Asset-Value is ranked worse than 86.33% of 300
companies
in the Oil & Gas industry
Industry Median: 3.78
vs FRA:FK2: 15.44
Expro Group Holdings NV Net Current Asset Value Historical Data
The historical data trend for Expro Group Holdings NV's Net Current Asset Value can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
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Expro Group Holdings NV Net Current Asset Value Chart
Competitive Comparison of Expro Group Holdings NV's Net Current Asset Value
For the Oil & Gas Equipment & Services subindustry, Expro Group Holdings NV's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Expro Group Holdings NV's Price-to-Net-Current-Asset-Value Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Expro Group Holdings NV's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Expro Group Holdings NV's Price-to-Net-Current-Asset-Value falls into.
Expro Group Holdings NV Net Current Asset Value Calculation
Expro Group Holdings NV's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Expro Group Holdings NV (FRA:FK2) Net Current Asset Value Explanation
Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."
The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]
Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.
One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Grahams strategy produced similar results.
Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.
Expro Group Holdings NV Net Current Asset Value Related Terms
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Expro Group Holdings NV (FRA:FK2) Business Description
Expro Group offers products and services that span the well life cycle, including well construction, well flow management, well intervention and integrity, and subsea well access. It maintains operations around the world and specializes in offshore production solutions, capabilities enhanced by the 2021 merger with Frank's International. It also provides production optimization for both onshore and offshore applications. The majority of its business relies on international and offshore markets, representing about 80% and 70% of annual revenue, respectively.
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