NextDecade Corporation (NEXT) vs Expro Group Holdings N.V. (XPRO)

NextDecade Corporation and Expro Group Holdings N.V. are both Oil & Gas Equipment & Services companies. NextDecade Corporation and Expro Group Holdings N.V. are of similar size ($1.9B and $1.8B). NextDecade Corporation 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. has the higher net margin (2.32% vs 0.00%) and the higher return on invested capital (3.22% vs −1.12%). Across the 14 metrics below, Expro Group Holdings N.V. leads on 12 and NextDecade Corporation on 2.

Valuation

Metric NEXT XPRO Oil & Gas Equipment & Services median
P/E n/m 51.03 24.78
P/S n/m 1.17 1.28
P/B 0.62 1.22 1.85
Price to free cash flow n/m 21.59 15.03
EV/EBITDA n/m 6.75 8.93
EV/Sales n/m 1.13 1.40
Earnings yield (20.73%) 1.96% 3.12%
Free cash flow yield (329.40%) 4.63% 5.01%

Profitability

Metric NEXT XPRO Oil & Gas Equipment & Services median
Gross margin 0.00% 23.27% 23.27%
Operating margin 0.00% 4.67% 9.34%
Net margin 0.00% 2.32% 4.69%
Free cash flow margin 0.00% 5.93% 5.05%
Return on equity (15.32%) 2.43% 4.92%
Return on assets (3.11%) 1.62% 2.37%
Return on invested capital (1.12%) 3.22% 4.32%

Growth

Metric NEXT XPRO Oil & Gas Equipment & Services median
Revenue growth (TTM) — (7.93%) 6.08%
EPS growth (last fiscal year) (387.50%) 0.00% —
Revenue growth, 5-year CAGR — 18.94% 10.60%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric NEXT XPRO Oil & Gas Equipment & Services median
Debt to equity 3.70 0.06 0.46
Current ratio 0.37 2.13 2.11
Net debt to EBITDA (58.53) (0.39) 0.76

Dividend

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

Size

Metric NEXT XPRO Oil & Gas Equipment & Services median
Market cap 1.78b 1.88b 1.81b

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