ExlService Holdings, Inc. (EXLS)
Services-Business Services, NEC
Latest Price
$33.93
TTM P/E
21.61
Normalized P/E
15.93
Div Yield
--
Book Value
4.99
P/B Ratio
6.80
Valuation metrics
adjust assumptions →EPS: $1.54
Book value / share: $5.83
Formula: √(22.5 × EPS × BVPS)
Graham Number
$14.22
58% downside
Norm. op. income: $192M (median of 7yr)
Tax rate: 22%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$9.74
71% downside
Base FCF: $158M (median of recent 5yr)
Growth: 25%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$75.55
+123% upside
EPS: $1.54
Target P/E: 16×
Formula: EPS × P/E
P/E Fair Value
$24.64
27% downside
Institutional Ownership
88.3% held by institutions| Institution | Shares | Value | Ownership % | Change | Filing Date |
|---|---|---|---|---|---|
| BlackRock, Inc. | 19.12M | $582.0M | 12.50% | -257.0K | 2026-03-31 |
| FMR LLC | 13.41M | $408.0M | 8.76% | -926.3K | 2026-03-31 |
| AQR CAPITAL MANAGEMENT LLC | 9.88M | $300.0M | 6.46% | +5.76M | 2026-03-31 |
| VANGUARD CAPITAL MANAGEMENT LLC | 6.74M | $205.0M | 4.40% | -- | 2026-03-31 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 6.50M | $198.0M | 4.25% | -- | 2026-03-31 |
| STATE STREET CORP | 4.79M | $145.0M | 3.13% | +65.6K | 2026-03-31 |
| GEODE CAPITAL MANAGEMENT, LLC | 4.22M | $128.0M | 2.76% | +172.2K | 2026-03-31 |
| D. E. Shaw & Co., Inc. | 3.44M | $104.0M | 2.25% | +1.56M | 2026-03-31 |
| DIMENSIONAL FUND ADVISORS LP | 2.85M | $86.0M | 1.86% | -49.8K | 2026-03-31 |
| Fenimore Asset Management Inc | 2.76M | $83.0M | 1.80% | -15.2K | 2026-03-31 |