Atlas Energy Solutions Inc. (AESI) vs Expro Group Holdings N.V. (XPRO)

Atlas Energy Solutions Inc. and Expro Group Holdings N.V. are both Oil & Gas Equipment & Services companies. Expro Group Holdings N.V. is the larger, with a market value of $1.9B against $1.6B — 1.2× the size. Atlas Energy Solutions Inc. has negative trailing earnings, so its P/E is not meaningful; Expro Group Holdings N.V. trades at 51.0×. Expro Group Holdings N.V. grew revenue faster over the last twelve months: −7.93% against −8.11%. Expro Group Holdings N.V. has the higher net margin (2.32% vs −11.1%) and the higher return on invested capital (3.22% vs −2.82%). Across the 19 metrics below, Expro Group Holdings N.V. leads on 17 and Atlas Energy Solutions Inc. on 2.

Valuation

Metric AESI XPRO Oil & Gas Equipment & Services median
P/E n/m 51.03 24.78
P/S 1.46 1.17 1.28
P/B 1.40 1.22 1.85
Price to free cash flow n/m 21.59 15.03
EV/EBITDA 19.27 6.75 8.93
EV/Sales 2.25 1.13 1.40
Earnings yield (7.62%) 1.96% 3.12%
Free cash flow yield (11.46%) 4.63% 5.01%

Profitability

Metric AESI XPRO Oil & Gas Equipment & Services median
Gross margin 23.41% 23.27% 23.27%
Operating margin (8.28%) 4.67% 9.34%
Net margin (11.08%) 2.32% 4.69%
Free cash flow margin (16.71%) 5.93% 5.05%
Return on equity (9.93%) 2.43% 4.92%
Return on assets (4.93%) 1.62% 2.37%
Return on invested capital (2.82%) 3.22% 4.32%

Growth

Metric AESI XPRO Oil & Gas Equipment & Services median
Revenue growth (TTM) (8.11%) (7.93%) 6.08%
EPS growth (last fiscal year) (174.55%) 0.00% —
Revenue growth, 5-year CAGR 57.85% 18.94% 10.60%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric AESI XPRO Oil & Gas Equipment & Services median
Debt to equity 0.91 0.06 0.46
Current ratio 1.82 2.13 2.11
Net debt to EBITDA 3.06 (0.39) 0.76

Dividend

Metric AESI XPRO Oil & Gas Equipment & Services median
Dividend yield 4.83% — 2.12%
Payout ratio — 0.00 0.00

Size

Metric AESI XPRO Oil & Gas Equipment & Services median
Market cap 1.55b 1.88b 1.81b

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