Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, ExlService Holdings's Enterprise Value is $4,289 Mil.
ExlService Holdings's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $344 Mil. Therefore, ExlService Holdings's EV-to-EBIT ratio for today is 12.48.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, ExlService Holdings's Enterprise Value is $4,289 Mil.
ExlService Holdings's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $435 Mil. Therefore, ExlService Holdings's EV-to-EBITDA ratio for today is 9.86.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, ExlService Holdings's Enterprise Value is $4,289 Mil.
ExlService Holdings's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was $2,157 Mil. Therefore, ExlService Holdings's EV-to-Revenue ratio for today is 1.99.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
ExlService Holdings (NAS:EXLS) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
ExlService Holdings's current Enterprise Value is $4,289 Mil.
ExlService Holdings's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $344 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
ExlService Holdings's current Enterprise Value is $4,289 Mil.
ExlService Holdings's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $435 Mil.
ExlService Holdings's current Enterprise Value is $4,289 Mil.
ExlService Holdings's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,157 Mil.
ExlService Holdings's current Enterprise Value is $4,289 Mil.
ExlService Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $349 Mil.
ExlService Holdings's current Enterprise Value is $4,289 Mil.
ExlService Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $297 Mil.
* 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 Enterprise Value Related Terms
ExlService Holdings Enterprise Value Historical Data
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The historical data trend for ExlService Holdings's Enterprise Value 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.
EXLS vs PONY, SAIC, EPAM: Enterprise Value Comparison
For the Information Technology Services subindustry, ExlService Holdings's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value vs Software Industry
For the Software industry and Technology sector, ExlService Holdings's Enterprise Value distribution charts can be found below:
* The bar in red indicates where ExlService Holdings's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
ExlService Holdings's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (EXLS) has a Enterprise Value of $4,289 Mil as of Jun. 25, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on ExlService Holdings and its competitors.
Is ExlService Holdings' Enterprise Value too high?
ExlService Holdings' current Enterprise Value is $4,289 Mil. Overall, ExlService Holdings has a GF Score™ of 84/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ExlService Holdings' Enterprise Value compare to PONY and SAIC?
ExlService Holdings' Enterprise Value of $4,289 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Software company?
A good Enterprise Value depends on the Software industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on ExlService Holdings and its competitors. ExlService Holdings's current Enterprise Value is $4,289 Mil. 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 Significantly Undervalued. The stock's GF Value™ is $47.48, compared to a current price of $26.34 — trading 44.5% below its estimated fair value. The current Enterprise Value is $4,289 Mil. ExlService Holdings' overall GF Score™ is 84/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For ExlService Holdings (EXLS), the current Enterprise Value is $4,289 Mil as of Jun. 25, 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 $26.34 is trading 44.5% below its estimated GF Value™ of $47.48.
GuruFocus considers ExlService Holdings to be Significantly Undervalued.
Key valuation signals for EXLS:
Enterprise Value: $4,289 Mil
GF Value™: $47.48 vs. price of $26.34 (44.5% below fair value)
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 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.
84GF Score
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