ExlService Holdings, Inc. (EXLS) is a publicly traded company in the Technology — Information Technology Services industry listed on NASDAQ. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
ExlService Holdings, Inc. functions as a global provider of data analytics, digital operational solutions, and comprehensive services, operating across the United States and internationally. The company organizes its operations into distinct segments: Insurance, Healthcare, Analytics, and Emerging Business. For the insurance sector, EXL delivers a suite of digital transformation and analytics-driven services.
Is ExlService Holdings, Inc. stock overvalued or undervalued in 2026?
ExlService Holdings, Inc. (EXLS) trades at 25.6× earnings (P/E), below the median of the 314 technology companies over $2bn in Kaplio's universe. At the decade median (36.7×) $58 (+43 %); at its sector median (32.0×) $51 (+25 %).
Kaplio overview: ExlService Holdings, Inc.
Market cap $6B · 52 weeks $25 – $43 (6 % below the high) · P/E 25.6× · 2027 expected P/E 15.7× · Dividend none · Next earnings February 23, 2027 · expected EPS $0.57 · Closing price, Oct 28 · accounts published Oct 27.
- Valuation: P/E 25.6× (cheap).
- Business: ROIC 16 % (solid).
- Balance sheet: Net debt/EBITDA 0.7× (solid).
- Earnings: 8 of 8 (on track).
What would it be worth at its usual multiples?
At the decade median (36.7×) $58 (+43 %); at its sector median (32.0×) $51 (+25 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.
What matters in technology: 6 of 7 pass
- FCF / Revenue 14.3 %, fails.
- 3y revenue growth 15.2 %, passes, near the threshold.
- Gross margin 38.4 %, passes.
- ROIC 16.1 %, passes, near the threshold.
- SBC / Revenue 3.8 %, passes.
- Net debt / EBITDA 0.7×, passes.
- EV/EBITDA vs own 5y 15.1×, passes.
Against its peers (reference peers) — ExlService Holdings, Inc.: P/E 25.6×; EV/EBITDA 15.1×; ROIC 16.1 %; $6.2B. Genpact Limited (P/E 11.5×; EV/EBITDA 8.5×; ROIC 13.7 %; $6.6B), Kyndryl Holdings, Inc. (P/E 9.6×; EV/EBITDA 2.5×; ROIC 5.1 %; $3.1B), DXC Technology Company (P/E 21.7×; EV/EBITDA 3.0×; ROIC 1.2 %; $2.6B).
Expensive or cheap against its last ten years?
P/E at each close: today 25.6× · median 36.7× · minimum 16.3× · maximum 55.5× · cheap below 33.0× · expensive above 43.3×. It has been cheaper than today only 7% of the time over its last ten years.
Profitability
| Return on Equity | 29.90% |
| Return on Invested Capital | 16.10% |
| Return on Assets | 12.57% |
| Gross Margin | 38.38% |
| Operating Margin | 14.78% |
| Net Margin | 11.13% |
Financial Health
| Debt / Equity | 0.66 |
| Current Ratio | 2.16 |
| Piotroski F-Score | 8 |
| Altman Z-Score | 8.65 |
Price Performance
| 1 month | +17.76% |
| 3 months | +20.01% |
| Year-to-date | -4.05% |
| 1 year | +5.66% |
| 3 years | +57.28% |
| 5 years | +66.00% |
| 10 years | +362.20% |
Related companies: CTSH · INFY · WIT · G · MMS · KD · DXC
Explore sector: Technology · Information Technology Services
More sections of EXLS: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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