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EXLS

NASDAQ

Exlservice Holdings Inc

Industrials
Professional Services

$27.29

3.2%

Updated Today 3:42 PM ET

Report Card

EXLS at a glance — five pillars scored 0–100 from real filed financials.

Value
Growth
Profitability
0
Health
0
Dividends
0

Overall: Unrated · 0/100. A wider, greener shape means more pillars look healthy. Dividends scores 0 when a company pays none — that is a choice, not a flaw.

Key Metrics

Market Cap

$0.00

P/E

Forward P/E (est.)

ROE

Revenue Growth

EPS Growth

Profit Margin

FCF Yield

Debt / Equity

ROIC

21.0%

Interest Coverage

23.81x

Current Ratio

2.66x

Dividend Yield

Implied Growth (rev. DCF)

Rating Score

0/100

Business Overview
Research

Exlservice Holdings Inc (EXLS) is a small-cap company in the Professional Services industry, part of the Industrials sector of the S&P 500.

In its latest reported year it generated about $2.09B in revenue and $251.02M in net profit.

Our model rates EXLS Unrated (0/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.

Economic Moat

Evidence of durable competitive advantage in the filed financials (10 years of history).

Wide moat signalsMoat evidence score: 76/100

The filed history looks like a business competitors struggle to attack: high and steady margins, revenue that grows through cycles, and strong returns on capital.

Gross margin level44/100

37.7% average over the last 3 years

Gross margin stability79/100

±1.7 pts around 36.1% across 10 years

Revenue durability89/100

grew in 8 of the last 9 year-over-year periods

Free-cash-flow consistency100/100

positive in 10 of 10 years

Return on invested capital80/100

21.0% latest fiscal year

A moat can't be proven by numbers alone — this scores the evidence a durable advantage leaves behind (pricing power, consistency, returns on capital), computed the same way for every stock. Pair it with the business overview before concluding anything.

Revenue Growth
Research

4Y CAGR

16.8%

Revenue moved from $685.99M in 2016 to $2.09B in 2025, a 13.2% compound annual growth rate. The most recent year was roughly steady year over year. Slower, mature growth is common for established businesses.

Profitability
1/1 checks passedROIC above 10%

Gross Margin

38.4%

Operating Margin

15.0%

Net Margin

12.0%

ROE

Debt Analysis
Research
2/2 checks passedInterest covered 3×+Short-term bills covered

Total Debt

$417.38M

Net Debt

$271.97M

Net Debt / EBITDA

0.87x

Debt / Equity

Leverage: debt-to-equity is n/a, and operating profit covers interest about 23.8x, with a current ratio of 2.7x. Detailed balance-sheet leverage is limited for this name. It carries roughly $417.38M of total debt against $145.41M of cash.

Cash Flow Analysis
Research

Operating CF

$350.72M

Free Cash Flow

$298.12M

FCF Margin

14.3%

In the latest year Exlservice Holdings Inc produced about $350.72M of operating cash flow and $298.12M of free cash flow after capital spending. Cash flow is what ultimately pays shareholders, so it is worth tracking over time.

Valuation Analysis
Research
1/1 checks passedTrading below DCF fair value

P/E

P/S

P/B

EV / EBITDA

EXLS trades at n/a trailing earnings. With no positive trailing earnings, value it on sales, cash flow, or growth rather than P/E.

DCF Fair Value (Educational)

A two-stage discounted cash flow on real SEC-filed free cash flow — the intrinsic-value anchor professional analysts triangulate from.

DCF fair value / share

$33.50

Current price

$27.29

+23% · Below fair-value estimate

Starting FCF (latest 10-K)

$298.12M

Growth, years 1–5

4.0%

Fade to terminal, years 6–10

2.5%

Discount rate

9.0%

PV of 10-yr free cash flow$2.30B
PV of terminal value$2.81B
Estimated equity value$5.12B
Shares outstanding153M

Cash flows grow at the stage-1 rate (trailing revenue growth, capped at 20%) for five years, fade to 2.5% by year 10, and continue at that rate forever (Gordon terminal value), all discounted at 9.0%. Small changes in assumptions move the result a lot — treat this as one reference point, not a target price. Educational only, not investment advice.

Metrics vs. Sector Range

Where EXLS sits versus its Industrials sector peers in the S&P 500.

TTM P/E
Forward P/E
P/S ratio
Revenue growth
EPS growth
Gross margin
38.4%Average
Net margin
ROE

Bands show the middle half (25th–75th percentile) of the 144 Industrials companies in the S&P 500 — the peer-relative anchor professional comps analysis uses. Context only — not investment advice.

Sector Peer Comparison

How EXLS stacks up against its Industrials peers — valuation, profitability, and growth versus the sector median.

In the Industrials sector (273 S&P 500 companies), EXLS ranks #179 of 273 by our overall rating.

P/E vs sector

median 30.7x

ROE vs sector

median 18.1%

Growth vs sector

median 6.0%

Sector rank

#179

of 273 by rating

CompanyP/ERev Gr.Rating
EXLSThis stockNot rated
CNXCNot rated
EXPONot rated
FANot rated
FBYDNot rated
HURNNot rated
ICFINot rated
INODNot rated
Industrials median30.7x6.0%22/100
Compare side by side

Peers are the closest Industrials companies by sub-industry and size. Sector median is across all 273 S&P 500 names in the sector. Educational, not a recommendation.

5-Year Projection Model

Project revenue → earnings → price. Edit the assumptions to build your own case.

2030 price target (Base Case)

$0.00 $0.00

vs. $27.29 today · expected CAGR 1%12%

Metric20262027202820292030
Revenue$2.25B$2.44B$2.63B$2.84B$3.07B
Net income$270.56M$292.21M$315.58M$340.83M$368.10M
EPS$1.77$1.91$2.07$2.23$2.41
Share price (low)$21.25$22.95$24.79$26.77$28.91
Share price (high)$35.42$38.25$41.31$44.62$48.19
CAGR (low–high)-22% / 30%-8% / 18%-3% / 15%-0% / 13%1% / 12%

Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.

Bull Case

The case for EXLS:

  • As an established S&P 500 member in Industrials, it brings scale and a long operating history.
Bear Case

The case against EXLS:

  • Like any single stock, it is exposed to competition, the economic cycle, and shifts in its end markets.
Key Risks
Research

Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.

Investment Thesis
Research

On balance, the picture is mixed: Exlservice Holdings Inc is a small-cap industrials business growing at a mature pace, with modest profitability, and a heavier debt load to watch. It trades at n/a earnings, which our model scores Unrated (0/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.

Analyst Ratings

What 16 Wall Street analysts covering EXLS recommend (July 2026). Consensus is a useful sanity check — not a substitute for your own homework.

Buy
consensus · score 4.3 / 5 across 16 analysts
Strong Buy 7Buy 7Hold 2Sell 0Strong Sell 0

Analysts have turned more positive over the last three months (+6 pts of buy ratings).

Latest SEC Filings

EXLS's most recent filings, straight from SEC EDGAR. Annual and quarterly reports are the deep dives; 8-Ks flag material events the moment they happen.

EXLS — frequently asked questions

Is EXLS a good stock to buy?

We don't give buy or sell advice. Review Exlservice Holdings Inc's fundamentals, valuation, and 5-year financials on this page, then make your own decision — and consider a licensed professional.

Where does EXLS's data come from?

Live price data plus real fundamentals and 5-year financials pulled directly from Exlservice Holdings Inc's SEC filings — refreshed automatically, not hand-entered.

How is the 5-year projection for EXLS calculated?

It's a scenario model: it grows revenue at an assumed rate, applies a profit margin and a valuation multiple, and shows the resulting share-price range. The assumptions are yours to change — it's a tool for thinking, not a prediction.

Is this EXLS analysis financial advice?

No. Everything on this page is educational research, not financial advice or a recommendation to buy or sell EXLS. Always do your own research and consider a licensed professional.

Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.

Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.