Loading...

ExlService Holdings

Nasdaq:EXLS
Snowflake Description

Adequate balance sheet with acceptable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
EXLS
Nasdaq
$2B
Market Cap
  1. Home
  2. US
  3. Software
Company description

ExlService Holdings, Inc. provides operations management and analytics services in the United States, the United Kingdom, and internationally. The last earnings update was 21 days ago. More info.


Add to Portfolio Compare Print
EXLS Share Price and Events
7 Day Returns
0.1%
NasdaqGS:EXLS
1.7%
US IT
1.2%
US Market
1 Year Returns
4.9%
NasdaqGS:EXLS
15.5%
US IT
3%
US Market
EXLS Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
ExlService Holdings (EXLS) 0.1% -6.9% 22.3% 4.9% 20.8% 99.1%
US IT 1.7% 4.9% 22.3% 15.5% 80.2% 94.8%
US Market 1.2% 2.1% 14.6% 3% 39% 43.5%
1 Year Return vs Industry and Market
  • EXLS underperformed the IT industry which returned 15.5% over the past year.
  • EXLS outperformed the Market in United States of America which returned 3% over the past year.
Price Volatility
EXLS
Industry
5yr Volatility vs Market

Value

 Is ExlService Holdings undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of ExlService Holdings to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for ExlService Holdings.

NasdaqGS:EXLS Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 12 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 9.4%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqGS:EXLS
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
IT Unlevered Beta Simply Wall St/ S&P Global 1.06
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.064 (1 + (1- 21%) (13.88%))
1.121
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.12
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.121 * 5.96%)
9.41%

Discounted Cash Flow Calculation for NasdaqGS:EXLS using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for ExlService Holdings is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

NasdaqGS:EXLS DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 9.41%)
2019 94.66 Analyst x2 86.52
2020 100.99 Analyst x2 84.36
2021 106.38 Est @ 5.34% 81.22
2022 111.23 Est @ 4.56% 77.62
2023 115.69 Est @ 4.01% 73.78
2024 119.88 Est @ 3.63% 69.88
2025 123.91 Est @ 3.36% 66.01
2026 127.83 Est @ 3.17% 62.25
2027 131.71 Est @ 3.04% 58.62
2028 135.59 Est @ 2.94% 55.15
Present value of next 10 years cash flows $715.41
NasdaqGS:EXLS DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $135.59 × (1 + 2.73%) ÷ (9.41% – 2.73%)
$2,084.59
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $2,084.59 ÷ (1 + 9.41%)10
$847.94
NasdaqGS:EXLS Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $715.41 + $847.94
$1,563.36
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $1,563.36 / 34.32
$45.55
NasdaqGS:EXLS Discount to Share Price
Calculation Result
Value per share (USD) From above. $45.55
Current discount Discount to share price of $59.86
= -1 x ($59.86 - $45.55) / $45.55
-31.4%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of ExlService Holdings is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for ExlService Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are ExlService Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGS:EXLS PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $1.65
NasdaqGS:EXLS Share Price ** NasdaqGS (2019-03-20) in USD $59.86
United States of America IT Industry PE Ratio Median Figure of 78 Publicly-Listed IT Companies 30.36x
United States of America Market PE Ratio Median Figure of 3,058 Publicly-Listed Companies 17.69x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of ExlService Holdings.

NasdaqGS:EXLS PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:EXLS Share Price ÷ EPS (both in USD)

= 59.86 ÷ 1.65

36.35x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • ExlService Holdings is overvalued based on earnings compared to the US IT industry average.
  • ExlService Holdings is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does ExlService Holdings's expected growth come at a high price?
Raw Data
NasdaqGS:EXLS PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 36.35x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 12 Analysts
13.1%per year
United States of America IT Industry PEG Ratio Median Figure of 64 Publicly-Listed IT Companies 2.42x
United States of America Market PEG Ratio Median Figure of 2,103 Publicly-Listed Companies 1.48x

*Line of best fit is calculated by linear regression .

NasdaqGS:EXLS PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 36.35x ÷ 13.1%

2.78x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • ExlService Holdings is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on ExlService Holdings's assets?
Raw Data
NasdaqGS:EXLS PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $18.06
NasdaqGS:EXLS Share Price * NasdaqGS (2019-03-20) in USD $59.86
United States of America IT Industry PB Ratio Median Figure of 122 Publicly-Listed IT Companies 4.43x
United States of America Market PB Ratio Median Figure of 5,156 Publicly-Listed Companies 1.89x
NasdaqGS:EXLS PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:EXLS Share Price ÷ Book Value per Share (both in USD)

= 59.86 ÷ 18.06

3.31x

* Primary Listing of ExlService Holdings.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • ExlService Holdings is good value based on assets compared to the US IT industry average.
X
Value checks
We assess ExlService Holdings's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the IT industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the IT industry average (and greater than 0)? (1 check)
  5. ExlService Holdings has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is ExlService Holdings expected to perform in the next 1 to 3 years based on estimates from 12 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
13.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is ExlService Holdings expected to grow at an attractive rate?
  • ExlService Holdings's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • ExlService Holdings's earnings growth is positive but not above the United States of America market average.
  • ExlService Holdings's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqGS:EXLS Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqGS:EXLS Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 12 Analysts 13.1%
NasdaqGS:EXLS Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 12 Analysts 9.7%
United States of America IT Industry Earnings Growth Rate Market Cap Weighted Average 15.7%
United States of America IT Industry Revenue Growth Rate Market Cap Weighted Average 9%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqGS:EXLS Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 12 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGS:EXLS Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31
2020-12-31 1,074 147 74 11
2019-12-31 991 135 64 12
NasdaqGS:EXLS Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 883 92 57
2018-09-30 846 90 44
2018-06-30 807 82 49
2018-03-31 786 99 55
2017-12-31 762 113 49
2017-09-30 742 115 74
2017-06-30 721 118 69
2017-03-31 702 117 65
2016-12-31 686 102 62
2016-09-30 675 98 61
2016-06-30 667 96 60
2016-03-31 652 86 56

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • ExlService Holdings's earnings are expected to grow by 13.1% yearly, however this is not considered high growth (20% yearly).
  • ExlService Holdings's revenue is expected to grow by 9.7% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqGS:EXLS Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 12 Analyst Estimates (S&P Global) See Below

All data from ExlService Holdings Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:EXLS Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31
2020-12-31 2.11 2.21 1.99 10.00
2019-12-31 1.82 1.90 1.69 11.00
NasdaqGS:EXLS Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 1.65
2018-09-30 1.27
2018-06-30 1.44
2018-03-31 1.62
2017-12-31 1.44
2017-09-30 2.18
2017-06-30 2.04
2017-03-31 1.92
2016-12-31 1.84
2016-09-30 1.82
2016-06-30 1.80
2016-03-31 1.67

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • ExlService Holdings is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess ExlService Holdings's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
ExlService Holdings has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has ExlService Holdings performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare ExlService Holdings's growth in the last year to its industry (IT).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • ExlService Holdings's year on year earnings growth rate has been positive over the past 5 years.
  • ExlService Holdings's 1-year earnings growth exceeds its 5-year average (16% vs 6.8%)
  • ExlService Holdings's earnings growth has not exceeded the US IT industry average in the past year (16% vs 16%).
Earnings and Revenue History
ExlService Holdings's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from ExlService Holdings Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:EXLS Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 883.11 56.73 178.55
2018-09-30 846.08 43.51 169.27
2018-06-30 807.31 49.34 163.87
2018-03-31 786.25 55.26 158.60
2017-12-31 762.31 48.89 155.57
2017-09-30 741.71 73.73 151.24
2017-06-30 720.56 68.70 146.11
2017-03-31 701.99 64.70 142.54
2016-12-31 685.99 61.73 139.47
2016-09-30 674.57 61.01 135.07
2016-06-30 666.88 60.12 133.09
2016-03-31 652.02 55.82 130.98
2015-12-31 628.49 51.57 126.77
2015-09-30 597.92 44.26 122.07
2015-06-30 556.87 35.18 115.64
2015-03-31 520.99 30.87 109.51
2014-12-31 499.28 32.45 104.68
2014-09-30 488.12 40.84 98.83
2014-06-30 487.97 48.01 98.54
2014-03-31 484.24 49.48 95.73
2013-12-31 478.45 48.10 95.17
2013-09-30 471.98 44.40 96.86
2013-06-30 462.31 42.86 92.87
2013-03-31 454.33 42.68 91.53
2012-12-31 442.93 41.84 88.20
2012-09-30 427.86 39.23 84.72
2012-06-30 415.24 35.91 84.10
2012-03-31 392.24 35.34 81.06

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • ExlService Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • ExlService Holdings used its assets more efficiently than the US IT industry average last year based on Return on Assets.
  • ExlService Holdings's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess ExlService Holdings's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the IT industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
ExlService Holdings has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is ExlService Holdings's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up ExlService Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • ExlService Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • ExlService Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of ExlService Holdings's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 1.8x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from ExlService Holdings Company Filings, last reported 2 months ago.

NasdaqGS:EXLS Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 618.32 285.20 280.37
2018-09-30 574.45 301.11 242.51
2018-06-30 585.48 68.14 233.14
2018-03-31 601.71 68.20 239.42
2017-12-31 600.05 61.31 265.27
2017-09-30 596.37 45.48 249.37
2017-06-30 579.92 45.51 237.33
2017-03-31 562.71 45.50 218.17
2016-12-31 532.18 45.53 226.65
2016-09-30 518.22 45.45 214.01
2016-06-30 497.00 45.47 200.71
2016-03-31 483.79 65.56 192.85
2015-12-31 465.77 70.66 219.00
2015-09-30 447.41 70.79 183.84
2015-06-30 444.46 70.98 172.53
2015-03-31 436.96 81.17 165.65
2014-12-31 419.16 51.36 188.08
2014-09-30 409.12 1.87 167.99
2014-06-30 409.29 2.04 168.49
2014-03-31 394.69 2.33 150.86
2013-12-31 366.17 2.49 154.05
2013-09-30 359.81 2.66 138.55
2013-06-30 352.96 3.44 120.20
2013-03-31 363.55 4.02 108.57
2012-12-31 344.52 4.36 109.17
2012-09-30 334.97 4.89 125.39
2012-06-30 302.68 4.99 101.02
2012-03-31 305.55 5.86 89.53
  • ExlService Holdings's level of debt (46.1%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0.7% vs 46.1% today).
  • Debt is well covered by operating cash flow (32.4%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 13.3x coverage).
X
Financial health checks
We assess ExlService Holdings's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. ExlService Holdings has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is ExlService Holdings's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from ExlService Holdings dividends. Estimated to be 0% next year.
If you bought $2,000 of ExlService Holdings shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate ExlService Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate ExlService Holdings's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqGS:EXLS Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 12 Analyst Estimates (S&P Global) See Below
United States of America IT Industry Average Dividend Yield Market Cap Weighted Average of 33 Stocks 1.4%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2004 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqGS:EXLS Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.00 1.00
2020-12-31 0.00 2.00
2019-12-31 0.00 2.00

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as ExlService Holdings has not reported any payouts.
  • Unable to verify if ExlService Holdings's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of ExlService Holdings's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as ExlService Holdings has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of ExlService Holdings's dividends in 3 years as they are not expected to pay a notable one for United States of America.
X
Income/ dividend checks
We assess ExlService Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can ExlService Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. ExlService Holdings has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of ExlService Holdings's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Rohit Kapoor
COMPENSATION $4,398,128
AGE 53
TENURE AS CEO 10.8 years
CEO Bio

Mr. Rohit Kapoor serves as co-Founder at Exlservice Holdings, Inc. in April 1999. Mr. Kapoor has been the Chief Executive Officer of Exlservice Holdings, Inc. since May 2008 and served as its Co-Chairman since October, 2018. He served as the President of Exlservice Holdings, Inc since November 2002 and from May 2008 to March 2012. He served as President of EXL Inc. at Exlservice Holdings, Inc. since August 2000. In his new role, he focuses on enhancing EXL’s continued growth and the EXL’s strategic account management and service delivery infrastructure for the next phase of EXL’s development. He served as the Chief Financial Officer of EXL Inc. since August 2000 until April 16, 2012. He served as the Chief Operating Officer of Exlservice Holdings, Inc. from June 13, 2007 to April 2008. Mr. Kapoor served as the Chief Financial Officer of Exlservice Holdings, Inc. from November 2002 to June 2005 and from August 2006 to March 2007 and also served as its Principal Accounting Officer. He Co-founded EXL Inc. in April 1999. He served as business Head of Deutsche Bank from July 1999 to July 2000. From 1991 to 1999, he served in various capacities at Bank of America in the United States and Asia, including India. He is a well Respected leader in the outsourcing industry and has been instrumental in building EXL’s leadership position over the past several years. He continues to strengthen the alignment of EXL’s two primary lines of business - Transformation and Outsourcing services. He serves as Vice Chairman of Exlservice Holdings, Inc. since April 16, 2012. He has been a Director of Exlservice Holdings, Inc. since November 2002 and Tri-State chapter of Pratham USA since March 2014. He served as an Independent Director of CA, Inc. from April 7, 2011 to November 5, 2018 and its Lead Independent Director from August 8, 2018 to November 5, 2018. He is the Chairman of National Association of Software and Services Companies (“NASSCOM”) BPM Council. Mr. Kapoor’s qualifications include: extensive leadership experience at a public company; extensive accounting experience; international experience; entrepreneurial experience; governance experience as a Member of the Board of a public company; and a deep understanding of operational efficiencies. He is a Member of Board of Directors, America India Foundation (AIF) since February 2018. Mr. Kapoor holds a B.Tech. in Mechanical Engineering from IIT, Delhi and an MBA from Indian Institute of Management, Ahmedabad in 1988.

CEO Compensation
  • Rohit's compensation has been consistent with company performance over the past year.
  • Rohit's remuneration is about average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the ExlService Holdings management team in years:

3.5
Average Tenure
52
Average Age
  • The tenure for the ExlService Holdings management team is about average.
Management Team

Rohit Kapoor

TITLE
Co-Founder
COMPENSATION
$4M
AGE
53
TENURE
10.8 yrs

Pavan Bagai

TITLE
President & COO
COMPENSATION
$2M
AGE
56
TENURE
6.9 yrs

Vishal Chhibbar

TITLE
Executive VP & CFO
COMPENSATION
$1M
AGE
50
TENURE
9.8 yrs

Nalin Miglani

TITLE
Executive VP & Chief Human Resource Officer
COMPENSATION
$1M
AGE
57
TENURE
4.3 yrs

Nagaraja Srivatsan

TITLE
Chief Growth Officer & Executive VP
COMPENSATION
$1M
AGE
51
TENURE
2.3 yrs

Narasimha Kini

TITLE
Senior VP and Head of Finance & Accounting
COMPENSATION
$409K
AGE
49
TENURE
0.8 yrs

Mike Toma

TITLE
CTO & Senior VP
TENURE
2.7 yrs

Baljinder Singh

TITLE
Senior VP
TENURE
0.8 yrs

Steven N. Barlow

TITLE
Vice President of Investor Relations
TENURE
5.2 yrs

Ajay Ayyappan

TITLE
Senior VP
TENURE
0.3 yrs
Board of Directors Tenure

Average tenure and age of the ExlService Holdings board of directors in years:

4.7
Average Tenure
64.5
Average Age
  • The tenure for the ExlService Holdings board of directors is about average.
Board of Directors

Garen Staglin

TITLE
Chairman of the Board
COMPENSATION
$374K
AGE
73
TENURE
0.4 yrs

Rohit Kapoor

TITLE
Co-Founder
COMPENSATION
$4M
AGE
53
TENURE
6.9 yrs

David Kelso

TITLE
Director
COMPENSATION
$193K
AGE
66
TENURE
12.7 yrs

Clyde Ostler

TITLE
Director
COMPENSATION
$195K
AGE
71
TENURE
11.3 yrs

Anne Minto

TITLE
Director
COMPENSATION
$200K
AGE
65
TENURE
6 yrs

Som Mittal

TITLE
Director
COMPENSATION
$188K
AGE
66
TENURE
5.3 yrs

Deborah Kerr

TITLE
Director
COMPENSATION
$183K
AGE
46
TENURE
4.2 yrs

Nitin Sahney

TITLE
Director
COMPENSATION
$183K
AGE
55
TENURE
3.2 yrs

Jaynie Studenmund

TITLE
Independent Director
AGE
64
TENURE
0.5 yrs

Vikram Pandit

TITLE
Director
AGE
61
TENURE
0.4 yrs
Who owns this company?
Recent Insider Trading
  • ExlService Holdings insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
19. Mar 19 Sell Nagaraja Srivatsan Individual 15. Mar 19 15. Mar 19 -3,896 $59.96 $-233,604
18. Mar 19 Sell Nagaraja Srivatsan Individual 14. Mar 19 14. Mar 19 -2,102 $59.92 $-125,952
17. Dec 18 Buy Jaynie Studenmund Individual 13. Dec 18 13. Dec 18 2,220 $55.65 $123,543
14. Dec 18 Sell Garen Staglin Individual 12. Dec 18 12. Dec 18 -1,854 $55.65 $-103,175
14. Dec 18 Buy Garen Staglin Individual 12. Dec 18 12. Dec 18 1,854 $55.65 $103,175
18. Jun 18 Sell Nancy Saltzman Individual 14. Jun 18 14. Jun 18 -2,000 $59.07 $-118,140
01. Jun 18 Sell Nancy Saltzman Individual 30. May 18 30. May 18 -2,000 $57.13 $-114,260
X
Management checks
We assess ExlService Holdings's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. ExlService Holdings has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Does ExlService Holdings, Inc.'s (NASDAQ:EXLS) Past Performance Indicate A Stronger Future?

Below, I will assess ExlService Holdings, Inc.'s (NASDAQ:EXLS) track record on a high level, to give you some insight into how the company has been performing against its historical trend and its industry peers. … View our latest analysis for ExlService Holdings? … Furthermore, this one-year growth rate has exceeded its 5-year annual growth average of 6.8%, indicating the rate at which EXLS is growing has accelerated

Simply Wall St -

Announcing: ExlService Holdings Stock Increased An Energizing 115% In The Last Five Years

During five years of share price growth, ExlService Holdings actually saw its EPS drop 0.7% per year. … By glancing at these numbers, we'd posit that the decline in earnings per share is not representative of how the business has changed over the years. … In that case, the company may be sacrificing current earnings per share to drive growth.

Simply Wall St -

Did ExlService Holdings, Inc. (NASDAQ:EXLS) Insiders Sell Shares?

We often see insiders buying up shares in companies that perform well over the long term. … But logic dictates you should pay some attention to whether insiders are buying or selling shares. … ExlService Holdings Insider Transactions Over The Last Year.

Simply Wall St -

Should You Be Tempted To Sell ExlService Holdings, Inc. (NASDAQ:EXLS) Because Of Its P/E Ratio?

To keep it practical, we'll show how ExlService Holdings, Inc.'s (NASDAQ:EXLS) P/E ratio could help you assess the value on offer. … ExlService Holdings has a price to earnings ratio of 45, based on the last twelve months. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)

Simply Wall St -

Is ExlService Holdings, Inc. (NASDAQ:EXLS) Worth US$53.71 Based On Intrinsic Value?

by projecting its future cash flows and then discounting them to today's value. … Anyone interested in learning a bit more about intrinsic value should have a read of the Simply Wall St analysis model … If you are reading this and its not January 2019 then I highly recommend you check out the latest calculation for ExlService Holdings by following the link below

Simply Wall St -

Does The ExlService Holdings, Inc. (NASDAQ:EXLS) Share Price Tend To Follow The Market?

The second type is the broader market volatility, which you cannot diversify away, since it arises from macroeconomic factors which directly affects all the stocks on the market. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … Any stock with a beta of greater than one is considered more volatile than the market, while those with a beta below one are either less volatile or poorly correlated with the market.

Simply Wall St -

A Closer Look At ExlService Holdings Inc's (NASDAQ:EXLS) Uninspiring ROE

We'll use ROE to examine ExlService Holdings Inc (NASDAQ:EXLS), by way of a worked example. … That means that for every $1 worth of shareholders' equity, it generated $0.076 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Is ExlService Holdings Inc's (NASDAQ:EXLS) PE Ratio A Signal To Sell For Investors?

ExlService Holdings Inc (NASDAQ:EXLS) trades with a trailing P/E of 42.9x, which is higher than the industry average of 24.9x. … While this makes EXLS appear like a stock to avoid or sell if you own it, you might change your mind after I explain the assumptions behind the P/E ratio. … Check out our latest analysis for ExlService Holdings

Simply Wall St -

Should You Be Concerned About ExlService Holdings Inc's (NASDAQ:EXLS) Earnings Growth?

When ExlService Holdings Inc (NASDAQ:EXLS) released its most recent earnings update (30 June 2018), I compared it against two factor: its historical earnings track record, and the performance of its industry peers on average. … Was EXLS's recent earnings decline indicative of a tough track record. … EXLS's trailing twelve-month earnings (from 30 June 2018) of US$49.34m has

Simply Wall St -

Is ExlService Holdings Inc (NASDAQ:EXLS) A Financially Sound Company?

While small-cap stocks, such as ExlService Holdings Inc (NASDAQ:EXLS) with its market cap of US$1.99b, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … Evaluating financial health as part of your investment thesis is

Simply Wall St -

Company Info

Description

ExlService Holdings, Inc. provides operations management and analytics services in the United States, the United Kingdom, and internationally. The company offers business process management (BPM) services to the insurance industry in the areas of claims processing, subrogation, premium and benefit administration, agency management, account reconciliation, policy research, underwriting support, new business processing, policy servicing, premium audit, surveys, billing and collection, commercial and residential survey, and customer services. It also provides BPM services related to the care management, utilization management, multi-chronic case management, disease management, dual eligible special needs plans, payment integrity, revenue optimization, and customer engagement for the healthcare industry; BPM services related to business processes in corporate and leisure travel, such as reservations, customer service, fulfillment, and finance and accounting; and finance and accounting BPM services, including procure-to-pay, order-to-cash, hire-to-retire, record-to-report, regulatory reporting, financial planning and analysis, audit and assurance, and treasury and tax processes. In addition, the company offers BPM services for banking and financial services industry comprising residential mortgage lending, retail banking and credit cards, commercial banking, and investment management; BPM services related to enhancing operating models, enhancing customer experience, reducing costs, shortening turnaround time, and simplifying compliance for clients; and industry-specific digital transformational services. Further, it provides 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, regulatory reporting, and data management. The company was founded in 1999 and is headquartered in New York, New York.

Details
Name: ExlService Holdings, Inc.
EXLS
Exchange: NasdaqGS
Founded: 1999
$2,054,595,072
34,323,339
Website: http://www.exlservice.com
Address: ExlService Holdings, Inc.
280 Park Avenue,
38th Floor,
New York,
New York, 10017,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS EXLS Common Stock Nasdaq Global Select US USD 20. Oct 2006
Number of employees
Current staff
Staff numbers
29,100
ExlService Holdings employees.
Industry
Data Processing and Outsourced Services
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/21 00:07
End of day share price update: 2019/03/20 00:00
Last estimates confirmation: 2019/03/14
Last earnings filing: 2019/02/28
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.