EXLS (ExlService Holdings) Earnings Yield (Joel Greenblatt) %: 8.33% (As of Jun. 2026) — 91% Above Median

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EXLS ExlService Holdings Inc EXLS
86 GF Score
Price $35.47
GF Value $48.11
Valuation Modestly Undervalued
! 2 Warning Signs
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What is ExlService Holdings Earnings Yield (Joel Greenblatt) %?

ExlService Holdings EXLS +2.60% 86 Earnings Yield (Joel Greenblatt) % is 8.33% as of Jun. 2026, which is 91% above its 10-year median of 4.35. GuruFocus rates EXLS with a GF Score™ of 86/100 and a GF Value™ of $48.11 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,910 Software companies, ExlService Holdings ranks better than 67.9% on this metric.

ExlService Holdings's Enterprise Value for the quarter that ended in Jun. 2026 was $4,128 Mil. ExlService Holdings's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $344 Mil. ExlService Holdings's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 8.33%.

The historical rank and industry rank for ExlService Holdings's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

EXLS' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.75   Med: 4.35   Max: 7.93
Current: 6.16

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of ExlService Holdings was 7.93%. The lowest was 2.75%. And the median was 4.35%.

EXLS's Earnings Yield (Joel Greenblatt) % is ranked better than
67.9% of 2910 companies
in the Software industry
Industry Median: 2.025 vs EXLS: 6.16

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. ExlService Holdings's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was 21.32%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.


ExlService Holdings  (NAS:EXLS) Earnings Yield (Joel Greenblatt) % Explanation

Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.

Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.


Be Aware

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.


ExlService Holdings Earnings Yield (Joel Greenblatt) % Related Terms


ExlService Holdings Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for ExlService Holdings's Earnings Yield (Joel Greenblatt) % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

ExlService Holdings Earnings Yield (Joel Greenblatt) % Chart

ExlService Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.18 3.51 4.94 3.89 4.96

ExlService Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.57 4.67 4.96 6.98 8.33

EXLS vs EPAM, CSQR, SAIC: Earnings Yield (Joel Greenblatt) % Comparison

For the Information Technology Services subindustry, ExlService Holdings's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ExlService Holdings Earnings Yield (Joel Greenblatt) % vs Software Industry

For the Software industry and Technology sector, ExlService Holdings's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where ExlService Holdings's Earnings Yield (Joel Greenblatt) % falls into.


EXLS
86GF Score
ExlService Holdings Inc EXLS
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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ExlService Holdings Earnings Yield (Joel Greenblatt) % Calculation

In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.

ExlService Holdingss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=332.663/6714.1442
=4.95 %

ExlService Holdings's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $344 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 8.33% mean?
ExlService Holdings (EXLS) has a Earnings Yield (Joel Greenblatt) % of 8.33% as of Jun. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on ExlService Holdings and its competitors. This is 91% above median its historical median of 4.35. Over the past decade, ExlService Holdings' Earnings Yield (Joel Greenblatt) % has ranged from 2.75 to 7.93. According to the industry distribution chart, ExlService Holdings ranks #934 out of 2910 companies in the Software industry, placing it in the top 32.1%.
Is ExlService Holdings' Earnings Yield (Joel Greenblatt) % too high?
ExlService Holdings' current Earnings Yield (Joel Greenblatt) % of 8.33% is 91% above median its 10-year median of 4.35. Over the past 10 years, this metric has ranged from a low of 2.75 to a high of 7.93. The Software industry median Earnings Yield (Joel Greenblatt) % is 2.03. ExlService Holdings' value of 8.33% is 311.4% above this industry median. Based on the distribution chart, ExlService Holdings ranks #934 out of 2910 companies in the Software industry, which is above the industry midpoint. Overall, ExlService Holdings has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ExlService Holdings' Earnings Yield (Joel Greenblatt) % compare to EPAM and CSQR?
According to the Software industry distribution chart, ExlService Holdings ranks #934 out of 2910 companies for Earnings Yield (Joel Greenblatt) %. This puts ExlService Holdings in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 2.03. ExlService Holdings' value of 8.33% is 311.4% above this benchmark. Historically, ExlService Holdings' own Earnings Yield (Joel Greenblatt) % has ranged from 2.75 to 7.93 over the past decade. While the company's 10-year median is 4.35 vs. the industry median of 2.03, ExlService Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for a Software company?
The median Earnings Yield (Joel Greenblatt) % among Software companies is 2.03, based on 2,910 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ExlService Holdings's current Earnings Yield (Joel Greenblatt) % of 8.33% is 311.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on ExlService Holdings and its competitors. For the Software industry, the median Earnings Yield (Joel Greenblatt) % is 2.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ExlService Holdings's current Earnings Yield (Joel Greenblatt) % is 8.33%, which is 91% above median its own 10-year median of 4.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ExlService Holdings stock overvalued right now?
Based on GuruFocus' analysis, ExlService Holdings (EXLS) is currently considered Modestly Undervalued. The stock's GF Value™ is $48.11, compared to a current price of $35.47 — trading 26.3% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 8.33%, which is 91% above median its 10-year median of 4.35 and 311.4% above the Software industry median of 2.03. ExlService Holdings' overall GF Score™ is 86/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For ExlService Holdings (EXLS), the current Earnings Yield (Joel Greenblatt) % is 8.33% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is ExlService Holdings (EXLS) Overvalued in 2026?

Based on GuruFocus' analysis, ExlService Holdings stock appears to be undervalued. The current stock price of $35.47 is trading 26.3% below its estimated GF Value™ of $48.11. GuruFocus considers ExlService Holdings to be Modestly Undervalued.

Key valuation signals for EXLS:

  • Earnings Yield (Joel Greenblatt) %: 8.33% (91% above median its 10-year median of 4.35)
  • GF Value™: $48.11 vs. price of $35.47 (26.3% below fair value)
  • GF Score™: 86/100 with 2 warning signs
  • Industry Position: 311.4% above the Software median (#934 of 2910)

No single metric tells the full story. See the EXLS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ExlService Holdings Business Description

Other Exchanges 1EXLS:ItalyLHV:Germany
Address 320 Park Avenue, 29th Floor, New York, NY, USA, 10022
ExlService Holdings Inc. is a data analytics and digital operations company that provides data and AI-led solutions and technology-enabled services to clients across industries. The company has four reportable segments. The Insurance segment provides services such as claims management, underwriting support, and analytics solutions. The Healthcare and Life Sciences segment offers data-driven solutions and services to healthcare payers, providers, and life sciences organizations. The Banking, Capital Markets and Diversified Industries segment delivers solutions across financial services and other industries. The International Growth Markets segment focuses on providing data, AI, and digital operations services to clients outside North America.
86GF Score

Get the complete analysis for EXLS

Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$35.47
Price
$48.11
GF Value