XPRO (Expro Group Holdings NV) Altman Z-Score: 2.04 (As of Jun. 24, 2026) — Near Median


XPRO Expro Group Holdings NV XPRO
82 GF Score
Price $13.09
GF Value $16.24
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Expro Group Holdings NV Altman Z-Score?

Expro Group Holdings NV XPRO -2.31% 82 Altman Z-Score is 2.04 as of Jun. 24, 2026, which is 4% below its 10-year median of 2.13. GuruFocus rates XPRO with a GF Score™ of 82/100 and a GF Value™ of $16.24 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 897 Oil & Gas companies, Expro Group Holdings NV ranks better than 54.85% on this metric.

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Warning Sign:

Altman Z-score of 2.07 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.

Expro Group Holdings NV has a Altman Z-Score of 2.04, indicating it is in Grey Zones. This implies that Expro Group Holdings NV is in some kind of financial stress. If it is below 1.81, the company may face bankrupcy risk.

The zones of discrimination were as such:

When Altman Z-Score <= 1.8, it is in Distress Zones.
When Altman Z-Score >= 3, it is in Safe Zones.
When Altman Z-Score is between 1.8 and 3, it is in Grey Zones.

The historical rank and industry rank for Expro Group Holdings NV's Altman Z-Score or its related term are showing as below:

XPRO' s Altman Z-Score Range Over the Past 10 Years
Min: 1.59   Med: 2.13   Max: 2.87
Current: 2.07

During the past 7 years, Expro Group Holdings NV's highest Altman Z-Score was 2.87. The lowest was 1.59. And the median was 2.13.


Expro Group Holdings NV  (NYSE:XPRO) Altman Z-Score Explanation

X1: The Working Capital/Total Assets (WC/TA) ratio is a measure of the net liquid assets of the firm relative to the total capitalization. Working capital is defined as the difference between current assets and current liabilities. Ordinarily, a firm experiencing consistent operating losses will have shrinking current assets in relation to total assets. Altman found this one proved to be the most valuable liquidity ratio comparing with the current ratio and the quick ratio. This is however the least significant of the five factors.

X2: Retained Earnings/Total Assets: the RE/TA ratio measures the leverage of a firm. Retained earnings is the account which reports the total amount of reinvested earnings and/or losses of a firm over its entire life. Those firms with high RE, relative to TA, have financed their assets through retention of profits and have not utilized as much debt.

X3, Earnings Before Interest and Taxes/Total Assets (EBIT/TA): This ratio is a measure of the true productivity of the firm's assets, independent of any tax or leverage factors. Since a firm's ultimate existence is based on the earning power of its assets, this ratio appears to be particularly appropriate for studies dealing with corporate failure. This ratio continually outperforms other profitability measures, including cash flow.

X4, Market Value of Equity/Book Value of Total Liabilities (MVE/TL): The measure shows how much the firm's assets can decline in value (measured by market value of equity plus debt) before the liabilities exceed the assets and the firm becomes insolvent.

X5, Revenue/Total Assets (S/TA): The capital-turnover ratio is a standard financial ratio illustrating the sales generating ability of the firm's assets.

Read more about Altman Z-Score and the original research.


Be Aware

Altman Z-Score does not apply to financial companies.


Expro Group Holdings NV Altman Z-Score Related Terms


Expro Group Holdings NV Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Expro Group Holdings NV's Altman Z-Score 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.

Expro Group Holdings NV Altman Z-Score Chart

Expro Group Holdings NV Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial 1.82 2.38 2.07 1.85 2.09

Expro Group Holdings NV Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Altman Z-Score 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.73 1.59 1.90 2.09 2.44

XPRO vs INVX, PUMP, RES: Altman Z-Score Comparison

For the Oil & Gas Equipment & Services subindustry, Expro Group Holdings NV's Altman Z-Score, along with its competitors' market caps and Altman Z-Score 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 Altman Z-Score vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Expro Group Holdings NV's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Expro Group Holdings NV's Altman Z-Score falls into.


XPRO
82GF Score
Expro Group Holdings NV XPRO
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Expro Group Holdings NV Altman Z-Score Calculation

Altman Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

Expro Group Holdings NV's Altman Z-Score for today is calculated with this formula:

Z=1.2*X1+1.4*X2+3.3*X3+0.6*X4+1.0*X5
=1.2*0.2279+1.4*-0.2123+3.3*0.0408+0.6*2.0348+1.0*0.7055
=2.04

* 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. GuruFocus does not calculate Altman Z-Score when X4 or X5 value is 0.

Trailing Twelve Months (TTM) ended in Mar. 2026:
Total Assets was $2,245 Mil.
Total Current Assets was $964 Mil.
Total Current Liabilities was $453 Mil.
Retained Earnings was $-477 Mil.
Pre-Tax Income was 5.183 + 13.377 + 28.768 + 31.962 = $79 Mil.
Interest Expense was -1.551 + -2.445 + -4.106 + -4.279 = $-12 Mil.
Revenue was 367.573 + 382.127 + 411.356 + 422.74 = $1,584 Mil.
Market Cap (Today) was $1,484 Mil.
Total Liabilities was $729 Mil.

* Note that for stock reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data.

X1=Working Capital/Total Assets
=(Total Current Assets - Total Current Liabilities)/Total Assets
=(964.13 - 452.595)/2244.902
=0.2279

X2=Retained Earnings/Total Assets
=-476.563/2244.902
=-0.2123

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(79.29 - -12.381)/2244.902
=0.0408

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=1484.355/729.478
=2.0348

X5=Revenue/Total Assets
=1583.796/2244.902
=0.7055

The zones of discrimination were as such:

Distress Zones - 1.81 < Grey Zones < 2.99 - Safe Zones

Expro Group Holdings NV has a Altman Z-Score of 2.04 indicating it is in Grey Zones.

Study by Altman found that companies that are in Distress Zone have more than 80% of chances of bankruptcy in two years.

Frequently Asked Questions Learn more about Altman Z-Score →
What does a Altman Z-Score of 2.04 mean?
Expro Group Holdings NV (XPRO) has a Altman Z-Score of 2.04 as of Jun. 24, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Expro Group Holdings NV and its competitors. This is near median its historical median of 2.13. Over the past decade, Expro Group Holdings NV's Altman Z-Score has ranged from 1.59 to 2.87. According to the industry distribution chart, Expro Group Holdings NV ranks #405 out of 897 companies in the Oil & Gas industry, placing it in the top 45.2%.
Is Expro Group Holdings NV's Altman Z-Score too high?
Expro Group Holdings NV's current Altman Z-Score of 2.04 is near median its 10-year median of 2.13. Over the past 10 years, this metric has ranged from a low of 1.59 to a high of 2.87. The Oil & Gas industry median Altman Z-Score is 1.91. Expro Group Holdings NV's value of 2.04 is 6.8% above this industry median. Based on the distribution chart, Expro Group Holdings NV ranks #405 out of 897 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Expro Group Holdings NV has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Expro Group Holdings NV's Altman Z-Score compare to INVX and PUMP?
According to the Oil & Gas industry distribution chart, Expro Group Holdings NV ranks #405 out of 897 companies for Altman Z-Score. This puts Expro Group Holdings NV in the upper half of its industry. The industry median Altman Z-Score is 1.91. Expro Group Holdings NV's value of 2.04 is 6.8% above this benchmark. Historically, Expro Group Holdings NV's own Altman Z-Score has ranged from 1.59 to 2.87 over the past decade. While the company's 10-year median is 2.13 vs. the industry median of 1.91, Expro Group Holdings NV has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Altman Z-Score for an Oil & Gas company?
The median Altman Z-Score among Oil & Gas companies is 1.91, based on 897 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Expro Group Holdings NV's current Altman Z-Score of 2.04 is 6.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Altman Z-Score mean?
A high Altman Z-Score can signal that a stock is expensive relative to its fundamentals. The Altman Z-score measures a company's bankruptcy risk. View historical data on Expro Group Holdings NV and its competitors. For the Oil & Gas industry, the median Altman Z-Score is 1.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Expro Group Holdings NV's current Altman Z-Score is 2.04, which is near median its own 10-year median of 2.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Expro Group Holdings NV stock overvalued right now?
Based on GuruFocus' analysis, Expro Group Holdings NV (XPRO) is currently considered Modestly Undervalued. The stock's GF Value™ is $16.24, compared to a current price of $13.09 — trading 19.4% below its estimated fair value. The current Altman Z-Score is 2.04, which is near median its 10-year median of 2.13 and 6.8% above the Oil & Gas industry median of 1.91. Expro Group Holdings NV's overall GF Score™ is 82/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z-Score calculated?
Altman Z-Score is calculated from a company's financial statements. For Expro Group Holdings NV (XPRO), the current Altman Z-Score is 2.04 as of Jun. 24, 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 Group Holdings NV (XPRO) Overvalued in 2026?

Based on GuruFocus' analysis, Expro Group Holdings NV stock appears to be undervalued. The current stock price of $13.09 is trading 19.4% below its estimated GF Value™ of $16.24. GuruFocus considers Expro Group Holdings NV to be Modestly Undervalued.

Key valuation signals for XPRO:

  • Altman Z-Score: 2.04 (near median its 10-year median of 2.13)
  • GF Value™: $16.24 vs. price of $13.09 (19.4% below fair value)
  • GF Score™: 82/100 with 4 warning signs
  • Industry Position: 6.8% above the Oil & Gas median (#405 of 897)

No single metric tells the full story. See the XPRO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Expro Group Holdings NV Business Description

Industry EnergyOil & Gas
Other Exchanges FK2:Germany
Address 1311 Broadfield Boulevard, Suite 400, Houston, TX, USA, 77084
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.
82GF Score

Get the complete analysis for XPRO

Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$13.09
Price
$16.24
GF Value