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ExproSTU:FK2 74 Graham Number is €9.78 as of Jun. 2026, which is 100% below its 10-year median of 1.78. GuruFocus rates STU:FK2 with a GF Score™ of 74/100 and a GF Value™ of €11.46 (Fairly Valued). The stock has 8 warning signs investors should review. Among 624 Oil & Gas companies, Expro ranks worse than 74.04% on this metric.
Graham Number is a figure that measures a stock's fundamental value by taking into account the company's earnings per share and book value per share. The Graham number is the upper bound of the price range that a defensive investor should pay for the stock. According to the theory, any stock price below the Graham number is considered undervalued, and thus worth investing in.
As of today (2026-08-15), the stock price of Expro is €13.60. Expro's graham number for the quarter that ended in Jun. 2026 was €9.78. Therefore, Expro's Price to Graham Number ratio for today is 1.39.
The historical rank and industry rank for Expro's Graham Number or its related term are showing as below:
STU:FK2'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.63 Med: 1.78 Max: 9.49
Current: 1.65
During the past 7 years, the highest Price to Graham Number ratio of Expro was 9.49. The lowest was 0.63. And the median was 1.78.
STU:FK2's Price-to-Graham-Number is ranked worse than 74.04% of 624
companies
in the Oil & Gas industry
Industry Median: 1.08
vs STU:FK2: 1.65
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Ben Graham actually did not publish a formula like this. But he wrote in The Intelligent Investor (1948 version) regarding to the criteria for purchases:
Current price should not be more than 15 times average earnings of the past three years.
Current price should not be more than 1.5 times the book value last reported. However, a multiplier of earnings below 15 could justify a correspondingly higher multiplier of assets. As a rule of thumb we suggest that the product of the multiplier times the ratio of price to book value should not exceed 22.5. (This figure corresponds to 15 times earnings and 1.5 times book value. It would admit an issue selling at only 9 times earnings and 2.5 times asset value, etc.)
Unlike valuation methods such as DCF or Discounted Earnings, the Graham number does not take growth into the valuation. Unlike the valuation methods based on book value alone, it takes into account the earnings power. Therefore, the Graham Number is a combination of asset valuation and earnings power valuation.
In general, the Graham number is a very conservative way of valuing a stock. It cannot be applied to companies with negative book values.
Expro's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Jun. 2026 )
=
13.60
/
9.78
=
1.39
* 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
Please keep these in mind:
1. Graham Number does not take growth into account. Therefore it underestimates the values of the companies that have good earnings growth. We feel that if the earnings per share grows more than 10% a year, Graham Number underestimates the value.
2. Graham Number punishes the companies that have temporarily low earnings. Therefore, an average of earnings makes more sense in the calculation of Graham Number.
3. Graham Numbers underestimates companies that are light with book.
Expro Graham Number Related Terms
Expro Graham Number Historical Data
* Premium members only.
The historical data trend for Expro's Graham Number 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.
STU:FK2 vs NEXT, INVX, WBI: Graham Number Comparison
For the Oil & Gas Equipment & Services subindustry, Expro's Price-to-Graham-Number, along with its competitors' market caps and Price-to-Graham-Number 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 Price-to-Graham-Number vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Expro's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Expro's Price-to-Graham-Number falls into.
* 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 (STU:FK2) has a Graham Number of €9.78 as of Jun. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Expro and its competitors. This is 449% above median its historical median of 1.78. Over the past decade, Expro's Graham Number has ranged from 0.63 to 9.49. According to the industry distribution chart, Expro ranks #462 out of 624 companies in the Oil & Gas industry, placing it in the top 74%.
Is Expro's Graham Number too high?
Expro's current Graham Number of €9.78 is 449% above median its 10-year median of 1.78. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 9.49. Based on the distribution chart, Expro ranks #462 out of 624 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Expro has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Expro's Graham Number compare to NEXT and INVX?
According to the Oil & Gas industry distribution chart, Expro ranks #462 out of 624 companies for Graham Number. This places Expro in the lower half of its industry. The industry median Graham Number is 1.08. Historically, Expro's own Graham Number has ranged from 0.63 to 9.49 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Graham Number for an Oil & Gas company?
The median Graham Number among Oil & Gas companies is 1.08, based on 624 companies in the industry. Companies in the top quartile (top 25%) have a Graham Number significantly above this median, while those in the bottom quartile fall well below. However, Graham Number should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Graham Number mean?
A high Graham Number can signal that a stock is expensive relative to its fundamentals. The Graham Number values a company based on its per-share earnings and book value. View historical data on Expro and its competitors. For the Oil & Gas industry, the median Graham Number is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Expro's current Graham Number is €9.78, which is 449% above median its own 10-year median of 1.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Expro stock overvalued right now?
Based on GuruFocus' analysis, Expro (STU:FK2) is currently considered Fairly Valued. The stock's GF Value™ is €11.46, compared to a current price of €13.60 — trading 18.7% above its estimated fair value. The current Graham Number is €9.78, which is 449% above median its 10-year median of 1.78. Expro's overall GF Score™ is 74/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Graham Number calculated?
Graham Number is calculated from a company's financial statements. For Expro (STU:FK2), the current Graham Number is €9.78 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Expro (STU:FK2) Overvalued in 2026?
Based on GuruFocus' analysis, Expro stock appears to be overvalued.
The current stock price of €13.60 is trading 18.7% above its estimated GF Value™ of €11.46.
GuruFocus considers Expro to be Fairly Valued.
Key valuation signals for STU:FK2:
Graham Number: €9.78 (449% above median its 10-year median of 1.78)
GF Value™: €11.46 vs. price of €13.60 (18.7% above fair value)
No single metric tells the full story. See the STU:FK2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Expro Group Holdings NV 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. It also provides production optimization for both onshore and offshore applications. The company has four operating segments: North and Latin America (NLA); Europe and Sub-Saharan Africa (ESSA); Middle East and North Africa (MENA); and Asia-Pacific (APAC). The majority of its revenue is derived from the North and Latin America (NLA) segment.
74GF Score
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