Obermatt

Exponent

NSQ:EXPO · US30214U1025
Professional ServicesMedium

360

60
EV / EBIT13
Price / Owner Earnings11
Owner Earnings Yield27
Dividend Yield81
Price/Sales17
EV / Gross Profit2
Price/Book15
Return on Capital87
Cash Return on Capital95
Return on Equity81
EBIT Margin85
Gross Profitability39
Cash Conversion19
Accruals47
Owner Earnings Margin91
Sales growth75
Profit Growth40
Long-Term EPS Growth22
Owner Earnings Growth44
Reinvestment28
Price momentum40
Debt load73
Refinancing51
Debt Payback100
Liquidity1
Analyst ratings64
Opinion Changes50
Price Target Upside78
Market mood33
Value Creation12/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Exponent clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountryUSA
IndustryProfessional Services
SizeMedium
TypePublic Company
ExchangeNASDAQGS
Employees1,309
ISINUS30214U1025
Last UpdateApr 2, 2026
Themes
Environment, Health and Safety (EH&S)Health DiagnosticsSoftware DevelopmentEnvironmental ConsultingEnvironmental EngineeringSimulationPredictive AnalyticsBiomedical EngineeringConsulting

Description

Exponent, Inc., along with its subsidiaries (collectively referred to as Exponent), operates as a science and engineering consulting company that provides solutions to complex problems. The company serves clients across various sectors, including ch…

Analysis

Hope premium

Exponent, Inc. is priced well ahead of what the underlying numbers justify, a pattern we describe as a hope premium. Worth noting: the cash the business generates has lagged behind what the income statement shows.

On valuation, the picture is expensive. The owner-earnings multiple stands at 25.1×; owner earnings: the cash an owner could take out each year.

Growth is moderate; the safety picture is sturdy. The company scores 12/20 on our value-creation score: creating some value.

Flags to be aware of: Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
12
2023202420252026

All-time high

54

Jan 2024

All-time low

12

Mar 2026

Average rank

27

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
17
7
7
7
Price/Earnings
20
8
13
7
Price/Book
15
17
14
9
Dividend Yield
81
79
74
71
Value (overall)
22
9
16
13

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →