Expro Capex To Operating Cash Flow from 2010 to 2024

XPRO Stock  USD 14.15  0.37  2.69%   
Expro Group Capex To Operating Cash Flow yearly trend continues to be very stable with very little volatility. Capex To Operating Cash Flow is likely to grow to 0.93 this year. During the period from 2010 to 2024, Expro Group Capex To Operating Cash Flow quarterly data regression pattern had sample variance of  12,357 and median of  0.88. View All Fundamentals
 
Capex To Operating Cash Flow  
First Reported
2010-12-31
Previous Quarter
0.88287819
Current Value
0.93
Quarterly Volatility
111.16058147
 
Credit Downgrade
 
Yuan Drop
 
Covid
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.
  
Check out the analysis of Expro Group Correlation against competitors.

Latest Expro Group's Capex To Operating Cash Flow Growth Pattern

Below is the plot of the Capex To Operating Cash Flow of Expro Group Holdings over the last few years. It is Expro Group's Capex To Operating Cash Flow 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.
Capex To Operating Cash Flow10 Years Trend
Pretty Stable
   Capex To Operating Cash Flow   
       Timeline  

Expro Capex To Operating Cash Flow Regression Statistics

Arithmetic Mean(28.75)
Geometric Mean2.04
Coefficient Of Variation(386.62)
Mean Deviation53.56
Median0.88
Standard Deviation111.16
Sample Variance12,357
Range436
R-Value0.20
Mean Square Error12,785
R-Squared0.04
Significance0.48
Slope4.92
Total Sum of Squares172,993

Expro Capex To Operating Cash Flow History

2024 0.93
2022 1.12
2021 5.05
2020 1.6
2019 1.28
2018 -1.64
2017 0.88

About Expro Group Financial Statements

Expro Group investors utilize fundamental indicators, such as Capex To Operating Cash Flow, 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 ReportedProjected for Next Year
Capex To Operating Cash Flow 0.88  0.93 

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

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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 the analysis of Expro Group Correlation against competitors.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
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.