US · EXLS
ExlService Holdings, Inc.
- Sector
- Technology · Information Technology Services
- Headquarters
- New York City, NY 10022
- Website
- exlservice.com
Price · as of 2025-12-31
$31.74
Market cap 5.05B
Valuation summary
Four models, one snapshot. Upside is target ÷ current − 1.
| Valuation method | Value, $ | Upside, % |
|---|---|---|
| Artificial Intelligence(AI) | $48.22 | +51.92% |
| Intrinsic Value(DCF) | $46.25 | +45.72% |
| Graham-Dodd Method(GD) | $10.86 | -65.8% |
| Graham Formula(GF) | $32.95 | +3.82% |
Valuation history
Annual price (USD per share) overlaid with each model's fair value. Y-axis is log scale.
| Year | Price | AI | DCF | Graham-Dodd | Graham Formula |
|---|---|---|---|---|---|
| 2011 | $5.50 | $44.82 | $472.08 | $11.90 | $56.17 |
| 2012 | $6.51 | $31.23 | $105.35 | $2.69 | $7.55 |
| 2013 | $6.09 | $29.98 | $36.40 | $2.95 | $4.49 |
| 2014 | $7.06 | $30.68 | $1.07 | $2.63 | $2.38 |
| 2015 | $9.67 | $32.85 | $16.76 | $3.23 | $9.91 |
| 2016 | $9.12 | $31.97 | $10.64 | $3.79 | $6.06 |
| 2017 | $11.79 | $32.43 | $13.38 | $3.64 | $5.25 |
| 2018 | $11.74 | $34.48 | $7.84 | $3.20 | $7.65 |
| 2019 | $15.29 | $33.39 | $19.36 | $3.84 | $7.80 |
| 2020 | $17.72 | $35.09 | $1.95 | $4.77 | $2.55 |
| 2021 | $25.03 | $40.22 | $2.85 | $5.14 | $16.69 |
| 2022 | $30.62 | $45.32 | $41.70 | $6.41 | $28.15 |
| 2023 | $32.79 | $44.87 | $114.85 | $8.46 | $25.36 |
| 2024 | $47.58 | $52.56 | $116.76 | $9.22 | $24.83 |
| 2025 | $31.21 | $48.22 | $71.86 | $10.86 | $32.95 |
AI valuation
Our deep-learning model estimates ExlService Holdings, Inc.'s (EXLS) per-share fair value from quarterly fundamentals, sector trend, and historical valuation patterns.
- AI fair value
- $48.22
- Current price
- $31.74
- AI upside
- +51.92%
Methodology and confidence bands appear in the dedicated valuation theory section. The AI score is an estimate, not a recommendation.
Intrinsic value (DCF)
Open DCF calculatorThree textbook valuation models, recomputed daily from the latest financial statements. The DCF uses our Chepakovich model. Graham-Dodd and Graham Formula are conservative reference points.
DCF
$46.25
+45.72% upside
Graham-Dodd
$10.86
-65.8% upside
Graham Formula
$32.95
+3.82% upside
Peer comparison
Same-industry comparables, ranked by market cap.
| Basic Info | Model Valuation | Core Valuation | Profitability | Leverage & Liquidity | Growth | Cash Flow | Dividends | Enterprise Value | Risk | ||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ticker | Company Name | Price | Market Cap | AI Upside | DCF Upside | GD Upside | GF Upside | P/E | P/B | P/S | EV/EBITDA | PEG | P/TBV | Gross Margin | Operating Margin | Net Margin | ROE | ROIC | ROA | Debt/Equity | Interest Coverage | Current Ratio | Quick Ratio | Net Debt/EBITDA | EPS Growth | Sales Growth | FCF Growth | FCF Yield | Op Cash Flow Ratio | Cash ROIC | Dividend Yield | Dividend Payout | Shareholder Yield | EV/EBIT | EV/FCF | EV/Sales | Altman Z-Score |
| EXLS | ExlService Holdings, Inc. | $31.74 | 5.05B | +52% | +46% | -66% | +4% | 20.02 | 5.51 | 2.41 | 13.02 | 73.41 | 11.00 | 38.37% | 15.03% | 12.02% | 27.25% | 25.88% | 15.12% | 0.44 | 17.82 | 2.56 | 2.07 | 0.66 | 2727.00% | 1356.00% | 3413.00% | 5.93% | 1.08 | 30.83% | 0.00% | 0.00% | 6.54% | 16.26 | 17.11 | 2.44 | 7.27 |
| CRUS | Cirrus Logic, Inc. | $141.12 | 7.2B | +1% | -68% | -58% | -39% | 16.20 | 2.75 | 2.83 | 9.90 | 72.14 | 3.61 | 52.53% | 21.64% | 17.48% | 17.60% | 20.78% | 14.54% | 0.07 | 456.97 | 6.35 | 4.16 | -0.80 | 2245.00% | 599.00% | 823.00% | 7.74% | 2.28 | 28.24% | 0.00% | 0.00% | 6.46% | 11.98 | 11.83 | 2.59 | 10.52 |
| DLB | Dolby Laboratories, Inc. | $66.57 | 6.38B | — | -53% | -77% | -53% | 24.77 | 2.42 | 4.71 | 15.03 | — | 3.75 | 88.13% | 19.64% | 18.90% | — | — | — | 0.01 | — | 3.17 | 2.77 | -1.75 | — | — | — | 6.77% | 1.08 | — | 1.99% | 49.40% | 4.55% | 21.48 | 13.23 | 4.22 | 8.58 |
| FOUR | Shift4 Payments, Inc. | $44.07 | 2.98B | +81% | +1,249% | — | -20% | 43.46 | 3.59 | 1.24 | 11.47 | — | -1.24 | 34.16% | 8.40% | 2.85% | 10.58% | 6.99% | 1.73% | 3.20 | 1.85 | 1.66 | 1.30 | 4.75 | -6436.00% | 2550.00% | 6066.00% | 9.65% | 0.48 | 13.18% | 0.58% | 25.20% | 10.00% | 25.14 | 17.68 | 2.11 | 1.12 |
| G | Genpact Limited | $39.72 | 6.85B | +27% | -47% | -74% | +16% | 12.66 | 2.74 | 1.38 | 8.78 | 128.82 | 9.97 | 35.57% | 14.96% | 10.88% | 22.37% | 17.96% | 10.20% | 0.74 | 15.32 | 1.66 | 1.65 | 1.19 | 982.00% | 656.00% | 3856.00% | 10.51% | 0.51 | 22.94% | 1.68% | 21.30% | 5.73% | 10.11 | 10.46 | 1.51 | 3.12 |
| GDS | GDS Holdings Limited | $41.31 | 7.96B | -37% | -64% | -26% | -27% | 13.89 | 2.02 | 4.61 | 18.69 | — | 2.78 | 21.53% | 11.16% | 33.19% | 15.75% | 1.91% | 4.63% | 1.89 | 0.60 | 1.28 | 1.23 | 8.12 | -8074.00% | 367.00% | -6858.00% | -2.77% | 0.21 | -2.19% | 0.11% | 1.60% | 7.87% | 73.08 | -63.97 | 8.16 | 0.69 |
| INGM | Ingram Micro Holding Corp… | $20.69 | 4.86B | +30% | -63% | -11% | -55% | 16.39 | 1.16 | 0.09 | 6.56 | — | 2.03 | 7.18% | 1.70% | 0.55% | 7.30% | 7.14% | 1.42% | 1.02 | 2.42 | 1.40 | 0.92 | 2.63 | -2133.00% | -12.00% | -23393.00% | 4.41% | 0.03 | 2.81% | 0.14% | 2.30% | 13.67% | 8.84 | 37.81 | 0.15 | 3.26 |
| KD | Kyndryl Holdings, Inc. | $12.33 | 2.83B | +390% | +31% | -41% | -81% | 37.09 | 7.67 | 0.62 | 7.42 | — | 44.08 | 20.87% | 3.67% | 1.67% | 22.56% | 9.11% | 2.40% | 3.25 | 5.52 | 1.07 | 0.73 | 1.40 | -17095.00% | -620.00% | -27107.00% | 3.61% | 0.22 | 9.63% | 0.00% | 0.00% | 5.99% | 20.86 | 34.17 | 0.76 | 1.99 |
| OLED | Universal Display Corpora… | $106.69 | 5.07B | -13% | -49% | -67% | -59% | 21.13 | 2.91 | 7.86 | 13.35 | 228.55 | 3.04 | 73.44% | 38.54% | 37.21% | 14.33% | 17.56% | 12.72% | 0.02 | — | 10.06 | 6.69 | -0.28 | 925.00% | 45.00% | -2688.00% | 3.02% | 1.95 | 13.17% | 1.67% | 35.30% | 2.61% | 18.17 | 29.52 | 7.00 | 16.61 |
| ONTO | Onto Innovation Inc. | $215.89 | 10.72B | — | -58% | -83% | -87% | 78.32 | 5.10 | 10.66 | 45.10 | — | 9.25 | 49.72% | 13.22% | 13.60% | — | — | — | 0.00 | — | 5.79 | 4.15 | 0.00 | — | — | — | 2.80% | 1.50 | — | 0.00% | 0.00% | 0.70% | 75.77 | 33.59 | 10.02 | 25.20 |
| WAY | Waystar Holding Corp. | $25.65 | 4.92B | +89% | -57% | -91% | -45% | 44.82 | 1.30 | 4.57 | 15.87 | — | -3.51 | 64.65% | 24.22% | 10.20% | 3.22% | 3.67% | 2.13% | 0.39 | 3.37 | 1.41 | 1.24 | 3.55 | -56923.00% | 1650.00% | 9873.00% | 5.64% | 1.42 | 5.99% | 0.00% | 0.00% | 0.00% | 24.20 | 22.74 | 5.86 | 1.78 |
About ExlService Holdings, Inc.
ExlService Holdings, Inc. operates as a data analytics, and digital operations and solutions company in the United States and internationally. It operates through Insurance, Healthcare, Analytics, and Emerging Business segments. The company provides digital operations and solutions and analytics-driven services across the insurance industry in areas, such as claims processing, premium and benefit administration, agency management, account reconciliation, policy research, underwriting support, new business acquisition, policy servicing, premium audit, surveys, billing and collection, commercial and residential survey, and customer service using digital technology, artificial intelligence, machine learning, and advanced automation; digital customer acquisition services using a software-as-a-service delivery model through LifePRO and LISS platforms; subrogation services; and Subrosource software platform, an end-to-end subrogation platform. It also offers CareRadius, an integrated care management offering; and health care services related to care management, utilization management, disease management, payment integrity, revenue optimization and customer engagement to healthcare payers, providers, pharmacy benefit managers, and life sciences organizations. Further, it offers predictive and prescriptive analytics in the areas of customer acquisition and lifecycle management, risk underwriting and pricing, operational effectiveness, credit and operational risk monitoring and governance, payment integrity and care management, and data management. The company was founded in 1999 and is headquartered in New York, New York.
- CEO
- Rohit Kapoor
- Employees
- 59.5K
- Beta
- 0.88
Disclaimer: Information on this page is provided for educational purposes only and does not constitute investment advice. Upside computed as ($46.25 ÷ $31.74) − 1 = +45.72% (DCF, example).