ExlService Holdings (MIL:1EXLS) Moat Score: 5/10 (As of Aug. 18, 2026)

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MIL:1EXLS ExlService Holdings Inc MIL:1EXLS
71 GF Score
Price €29.71
GF Value €41.35
Valuation Modestly Undervalued
! 2 Warning Signs
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What is ExlService Holdings Moat Score?

ExlService Holdings MIL:1EXLS 71 Moat Score is 5 as of Aug. 18, 2026. GuruFocus rates MIL:1EXLS with a GF Score™ of 71/100 and a GF Value™ of €41.35 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,832 Software companies, ExlService Holdings ranks better than 94.77% on this metric.

ExlService Holdings has the Moat Score of 5, which implies that the company might have Narrow Moat - Solid narrow moat.

ExlService Holdings has Narrow Moat: ExlService Holdings Inc benefits from a solid narrow moat due to its strong customer relationships and proprietary technology in business process outsourcing. However, it lacks significant regulatory barriers or brand strength.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes ExlService Holdings might have Narrow Moat - Solid narrow moat.

ExlService Holdings  (MIL:1EXLS) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

ExlService Holdings Moat Score Related Terms

MIL:1EXLS vs EPAM, CSQR, SAIC: Moat Score Comparison

For the Information Technology Services subindustry, ExlService Holdings's Moat Score, along with its competitors' market caps and Moat Score 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 Moat Score vs Software Industry

For the Software industry and Technology sector, ExlService Holdings's Moat Score distribution charts can be found below:

* The bar in red indicates where ExlService Holdings's Moat Score falls into.


MIL:1EXLS
71GF Score
ExlService Holdings Inc MIL:1EXLS
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 5 mean?
ExlService Holdings (MIL:1EXLS) has a Moat Score of 5 as of Aug. 18, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, ExlService Holdings ranks #148 out of 2832 companies in the Software industry, placing it in the top 5.2%.
Is ExlService Holdings' Moat Score too high?
ExlService Holdings' current Moat Score is 5. Based on the distribution chart, ExlService Holdings ranks #148 out of 2832 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, ExlService Holdings has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ExlService Holdings' Moat Score compare to EPAM and CSQR?
According to the Software industry distribution chart, ExlService Holdings ranks #148 out of 2832 companies for Moat Score. This places ExlService Holdings in the top 5% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for a Software company?
A good Moat Score depends on the Software industry context. However, Moat Score 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 Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. ExlService Holdings's current Moat Score is 5. 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 (MIL:1EXLS) is currently considered Modestly Undervalued. The stock's GF Value™ is €41.35, compared to a current price of €29.71 — trading 28.1% below its estimated fair value. The current Moat Score is 5. ExlService Holdings' overall GF Score™ is 71/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Moat Score calculated?
Moat Score is calculated from a company's financial statements. For ExlService Holdings (MIL:1EXLS), the current Moat Score is 5 as of Aug. 18, 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 (MIL:1EXLS) Overvalued in 2026?

Based on GuruFocus' analysis, ExlService Holdings stock appears to be undervalued. The current stock price of €29.71 is trading 28.1% below its estimated GF Value™ of €41.35. GuruFocus considers ExlService Holdings to be Modestly Undervalued.

Key valuation signals for MIL:1EXLS:

  • Moat Score: 5
  • GF Value™: €41.35 vs. price of €29.71 (28.1% below fair value)
  • GF Score™: 71/100 with 2 warning signs

No single metric tells the full story. See the MIL:1EXLS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

ExlService Holdings Business Description

Other Exchanges EXLS:USALHV: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.
71GF Score

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Moat Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€29.71
Price
€41.35
GF Value