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ExlService Holdings (ExlService Holdings) Earnings Yield (Joel Greenblatt) %

: 4.94% (As of Dec. 2023)
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ExlService Holdings's Enterprise Value for the quarter that ended in Dec. 2023 was $5,079 Mil. ExlService Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $251 Mil. ExlService Holdings's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 4.94%.

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: 4.49   Max: 9.39
Current: 5.22

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of ExlService Holdings was 9.39%. The lowest was 2.75%. And the median was 4.49%.

EXLS's Earnings Yield (Joel Greenblatt) % is ranked better than
70.11% of 2844 companies
in the Software industry
Industry Median: 1.2 vs EXLS: 5.22

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 Dec. 2023 was 22.71%. The Forward Rate of Return uses the normalized Free Cash Flow of the past seven 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 Earnings Yield (Joel Greenblatt) % Historical Data

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.

* Premium members only.

ExlService Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.05 4.54 3.18 3.51 4.94

ExlService Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Earnings Yield (Joel Greenblatt) % 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 Premium Member Only Premium Member Only Premium Member Only 3.51 3.91 4.61 5.18 4.94

Competitive 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) % Distribution

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.



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. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=251.121/5078.9473
=4.94 %

ExlService Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $251 Mil.



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

Thank you for viewing the detailed overview of ExlService Holdings's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


ExlService Holdings (ExlService Holdings) Business Description

Industry
Traded in Other Exchanges
Address
320 Park Avenue, 29th Floor, New York, NY, USA, 10022
ExlService Holdings Inc. is a business process management company that provides digital operations and analytical services to clients driving enterprise-scale business transformation initiatives that leverage company's deep expertise in analytics, AI, ML and cloud. The company offers business process outsourcing and automation services, and data-driven insights to customers in multiple industries. The company operates through four segments based on the products and services offered and markets served: Insurance, Healthcare, Emerging, Analytics. The vast majority of the company's revenue is earned in the United States, and more than half of its revenue comes from Analytics segment.
Executives
Vikas Bhalla officer: VP, Operations of EXL India C/O EXLSERVICE HOLDINGS, INC., 320 PARK AVENUE 29TH FL, NEW YORK NY 10022
Sarah K Williamson director 55 EAST 52ND STREET, C/O EVERCORE INC., NEW YORK NY 10055
Pamela M Harrison officer: CHIEF HUMAN RESOURCES OFFICER 6620 WEST BROAD STREET, RICHMOND VA 23230
Anne Elizabeth Minto director C/O EXLSERVICE HOLDINGS, INC., 320 PARK AVENUE 29TH FL, NEW YORK NY 10022
Clyde W Ostler director
Maurizio Nicolelli officer: Executive Vice President & CFO C/O CASA SYSTEMS, 100 OLD RIVER ROAD, SUITE 100, ANDOVER MA 01810
Andreas Fibig director INTERNATIONAL FLAVORS & FRAGRANCES INC., 521 WEST 57TH STREET, NEW YORK NY 10019
Ajay Ayyappan officer: SVP & Gen Counsel/Corp. Sec'y. 320 PARK AVENUE, 29TH FL, NEW YORK NY 10022
Nalin Kumar Miglani officer: VP and Chief HR Officer C/O EXLSERVICE HOLDINGS INC, 320 PARK AVENUE 29TH FL, NEW YORK NY 10022
Garen K Staglin director C/O EXLSERVICE HOLDINGS, INC., 320 PARK AVENUE 29TH FL, NEW YORK NY 10022
Anita Mahon officer: See Remarks 320 PARK AVENUE, 29TH FLOOR, NEW YORK NY 10022
Narasimha Kini officer: VP, Advis. Serv. of EXL India C/O EXLSERVICE HOLDINGS, INC., 350 PARK AVENUE, NEW YORK NY 10022
Rohit Kapoor director, officer: President and CFO C/O EXLSERVICE HOLDINGS, INC., 320 PARK AVENUE 29TH FL, NEW YORK NY 10022
Ankor Rai officer: EVP, Chief Digital Officer 320 PARK AVENUE, 29TH FLOOR, NEW YORK NY 10022
Jaynie M Studenmund director 506 SECOND AVENUE, 9TH FLOOR, SEATTLE WA 98104