Innovex International, Inc. (INVX) vs Expro Group Holdings N.V. (XPRO)

Innovex International, Inc. and Expro Group Holdings N.V. are both Oil & Gas Equipment & Services companies. Innovex International, Inc. and Expro Group Holdings N.V. are of similar size ($2.0B and $1.9B). Innovex International, Inc. trades at the lower P/E: 32.0× against 51.0×. Innovex International, Inc. grew revenue faster over the last twelve months: 15.0% against −7.93%. Innovex International, Inc. has the higher net margin (6.17% vs 2.32%) and the higher return on invested capital (7.26% vs 3.22%). Across the 21 metrics below, Innovex International, Inc. leads on 16 and Expro Group Holdings N.V. on 5.

Valuation

Metric INVX XPRO Oil & Gas Equipment & Services median
P/E 32.02 51.03 24.78
P/S 1.97 1.17 1.28
P/B 1.85 1.22 1.85
Price to free cash flow 8.86 21.59 15.03
EV/EBITDA 9.98 6.75 8.93
EV/Sales 1.77 1.13 1.40
Earnings yield 3.12% 1.96% 3.12%
Free cash flow yield 11.29% 4.63% 5.01%

Profitability

Metric INVX XPRO Oil & Gas Equipment & Services median
Gross margin 32.40% 23.27% 23.27%
Operating margin 10.03% 4.67% 9.34%
Net margin 6.17% 2.32% 4.69%
Free cash flow margin 22.18% 5.93% 5.05%
Return on equity 5.99% 2.43% 4.92%
Return on assets 4.82% 1.62% 2.37%
Return on invested capital 7.26% 3.22% 4.32%

Growth

Metric INVX XPRO Oil & Gas Equipment & Services median
Revenue growth (TTM) 15.03% (7.93%) 6.08%
EPS growth (last fiscal year) (56.68%) 0.00% —
Revenue growth, 5-year CAGR 21.80% 18.94% 10.60%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric INVX XPRO Oil & Gas Equipment & Services median
Debt to equity 0.02 0.06 0.46
Current ratio 5.01 2.13 2.11
Net debt to EBITDA (0.86) (0.39) 0.76

Dividend

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

Size

Metric INVX XPRO Oil & Gas Equipment & Services median
Market cap 2.00b 1.88b 1.81b

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