ExlService Holdings, Inc. (EXLS)
Technology · NMS
Price as at 2 Oct 2026, 01:41 UTC. Quotes are delayed.
Fundamentals
Valuation and ratings
ExlService Holdings, Inc. trades at $36.48, close to the $31.01 our fair value estimate puts on the business. On this measure the market and the model broadly agree, so the interesting question is which of them is wrong.
Our moat model scores it 64 out of 100, which is a moat, but not a deep one. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 17.1 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
EXLS earnings and analyst estimates
Recommendation mix, 9 published ratings
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
About ExlService Holdings, Inc.
ExlService Holdings, Inc., operates as a data and artificial intelligence (AI) company in the North America, the United Kingdom, Europe, and internationally. The company operates through Insurance; Healthcare and Life Sciences; Banking, Capital Markets, and Diversified Industries; and International Growth Markets. It provides digital operations and solutions and analytics-driven services, such as claims management, premium and benefit administration, agency management, account reconciliation, actuarial and risk analytics, policy research, digital marketing, underwriting support, new business acquisition, policy servicing, audit, surveys, billing and collection, commercial and residential survey, and customer service; digital customer acquisition services using a software-as-a-service delivery model through LifePRO and Life Digital Suite platforms; and Subrosource software platform, an end-to-end subrogation platform. The company also offers health care services for care, utilization, and disease management; payment integrity; revenue optimization, customer engagement, and commercial analytics and regulatory support services; and digital operations and solutions. In addition, it provides financial planning and analysis, accounting, regulatory and statutory reporting, decision support, data management, and compliance services; consumer and commercial banking, credit card and payment services; fintech, wealth and retirement services; capital markets, utilities, retail and consumer packaged goods, communications, media and entertainment, travel and leisure, transportation and logistics, infrastructure, and other business services; property and casualty insurance, life insurance, disability insurance; and insurance brokers, reinsurers, annuity and retirement services. The company was founded in 1999 and is headquartered in New York, New York.
Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.
EXLS passes 3 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Super investor ownership
10 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Cliff Asness, AQR CAPITAL MANAGEMENT LLC$171.47M · 0.1% of book
- Two Sigma, TWO SIGMA INVESTMENTS, LP$104.00M · 0.1% of book
- D. E. Shaw, D. E. Shaw & Co., Inc.$84.18M · 0.0% of book
- Ken Griffin, CITADEL ADVISORS LLC$82.83M · 0.0% of book
- Israel Englander, MILLENNIUM MANAGEMENT LLC$52.75M · 0.0% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
Politician trades in EXLS
We hold 7 disclosed trades in EXLS by members of Congress and executive-branch officials. The latest 5:
- Donald J Trump · Executive branchSell · $1,001 - $15,000 · traded 23 Jun 2026 · disclosed 22 Aug 2026
- Donald J Trump · Executive branchSell · $15,001 - $50,000 · traded 22 May 2026 · disclosed 1 Jul 2026
- Donald J Trump · Executive branchSell · $1,001 - $15,000 · traded 18 May 2026 · disclosed 1 Jul 2026
- Donald J Trump · Executive branchSell · $1,001 - $15,000 · traded 8 Jul 2024 · disclosed 22 Sept 2026
- Donald J Trump · Executive branchSell · $15,001 - $50,000 · traded 24 Jun 2024 · disclosed 22 Aug 2026
A disclosure reports a value band, not an amount, and is due up to 45 days after the trade; some arrive later. Every filer we track, each with their own page, is on the Congress trading tracker.
EXLS peers
The largest companies in the same industry (Information Technology Services), then in the same sector.
- INFY Infosys Limited
- FIS Fidelity National Information Services, Inc.
- GIB-A.TO CGI Inc.
- CACI CACI International Inc
- JKHY Jack Henry & Associates, Inc.
- CIFR Cipher Digital Inc.
- NXT.AX NEXTDC Limited
- INGM Ingram Micro Holding Corporation
Every technology company we cover is on the Technology hub.
Common questions
Is ExlService Holdings, Inc. (EXLS) undervalued?
Against our fair value estimate of $31.01, EXLS at $36.48 is 15% above fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.
Which funds own EXLS?
10 of the institutions we track reported a position in EXLS in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
What is EXLS's P/E ratio?
EXLS trades at 17.1 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
Where does SteadyShares get its EXLS data?
Fundamentals for EXLS come from company filings and exchange data, as listed on NMS; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 2 Oct 2026, 01:41 UTC and is delayed. Our data quality score for this company is 96/100, which is the share of the inputs behind our scores that were actually available rather than assumed. Metrics we do not hold are left out of the page rather than estimated.
The full research page for EXLS, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.