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Expro Group Holdings NV (FRA:FK2) ROE % : -0.83% (As of Mar. 2024)


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What is Expro Group Holdings NV ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Expro Group Holdings NV's annualized net income for the quarter that ended in Mar. 2024 was €-10 Mil. Expro Group Holdings NV's average Total Stockholders Equity over the quarter that ended in Mar. 2024 was €1,189 Mil. Therefore, Expro Group Holdings NV's annualized ROE % for the quarter that ended in Mar. 2024 was -0.83%.

The historical rank and industry rank for Expro Group Holdings NV's ROE % or its related term are showing as below:

FRA:FK2' s ROE % Range Over the Past 10 Years
Min: -50.17   Med: -7.81   Max: -1.53
Current: -1.53

During the past 5 years, Expro Group Holdings NV's highest ROE % was -1.53%. The lowest was -50.17%. And the median was -7.81%.

FRA:FK2's ROE % is ranked worse than
68.97% of 1015 companies
in the Oil & Gas industry
Industry Median: 6.86 vs FRA:FK2: -1.53

Expro Group Holdings NV ROE % Historical Data

The historical data trend for Expro Group Holdings NV's ROE % 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.

* Premium members only.

Expro Group Holdings NV ROE % Chart

Expro Group Holdings NV Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
- -50.17 -14.14 -1.61 -1.78

Expro Group Holdings NV Quarterly Data
Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.98 2.89 -4.37 -3.82 -0.83

Competitive Comparison of Expro Group Holdings NV's ROE %

For the Oil & Gas Equipment & Services subindustry, Expro Group Holdings NV's ROE %, along with its competitors' market caps and ROE % 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 ROE % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Expro Group Holdings NV's ROE % distribution charts can be found below:

* The bar in red indicates where Expro Group Holdings NV's ROE % falls into.



Expro Group Holdings NV ROE % Calculation

Expro Group Holdings NV's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=-21.421/( (1213.885+1188.316)/ 2 )
=-21.421/1201.1005
=-1.78 %

Expro Group Holdings NV's annualized ROE % for the quarter that ended in Mar. 2024 is calculated as

ROE %=Net Income (Q: Mar. 2024 )/( (Total Stockholders Equity (Q: Dec. 2023 )+Total Stockholders Equity (Q: Mar. 2024 ))/ count )
=-9.852/( (1188.316+1190.581)/ 2 )
=-9.852/1189.4485
=-0.83 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2024) net income data. ROE % is displayed in the 30-year financial page.


Expro Group Holdings NV  (FRA:FK2) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-9.852/1189.4485
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-9.852 / 1411.24)*(1411.24 / 1843.0805)*(1843.0805 / 1189.4485)
=Net Margin %*Asset Turnover*Equity Multiplier
=-0.7 %*0.7657*1.5495
=ROA %*Equity Multiplier
=-0.54 %*1.5495
=-0.83 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-9.852/1189.4485
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-9.852 / 35.368) * (35.368 / 57.568) * (57.568 / 1411.24) * (1411.24 / 1843.0805) * (1843.0805 / 1189.4485)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= -0.2786 * 0.6144 * 4.08 % * 0.7657 * 1.5495
=-0.83 %

Note: The net income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Expro Group Holdings NV ROE % Related Terms

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Expro Group Holdings NV (FRA:FK2) Business Description

Traded in Other Exchanges
Address
1311 Broadfield Boulevard., Suite 400, Houston, TX, USA, 77084
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.

Expro Group Holdings NV (FRA:FK2) Headlines

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