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10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year.
ExlService Holdings's 10-Year ROIIC % for the quarter that ended in Dec. 2025 was 23.44%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for ExlService Holdings's 10-Year ROIIC % or its related term are showing as below:
EXLS's 10-Year ROIIC % is ranked better than 78.18% of 2117
companies
in the Software industry
Industry Median: 4.18
vs EXLS: 23.44
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
ExlService Holdings 10-Year ROIIC % Related Terms
ExlService Holdings 10-Year ROIIC % Historical Data
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The historical data trend for ExlService Holdings's 10-Year ROIIC % 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 EPAM, CSQR, SAIC: 10-Year ROIIC % Comparison
For the Information Technology Services subindustry, ExlService Holdings's 10-Year ROIIC %, along with its competitors' market caps and 10-Year ROIIC % 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 10-Year ROIIC % vs Software Industry
For the Software industry and Technology sector, ExlService Holdings's 10-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where ExlService Holdings's 10-Year ROIIC % falls into.
* 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.
** Annual data of NOPAT and Invested Capital was used to calculate 10-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
ExlService Holdings (EXLS) has a 10-Year ROIIC % of 23.44 as of Dec. 2025. 10-Year ROIIC % measures the change in earnings as a percentage of change in investment over 10-year. View historical data on ExlService Holdings and its competitors. According to the industry distribution chart, ExlService Holdings ranks #462 out of 2117 companies in the Software industry, placing it in the top 21.8%.
Is ExlService Holdings' 10-Year ROIIC % too high?
ExlService Holdings' current 10-Year ROIIC % is 23.44. The Software industry median 10-Year ROIIC % is 4.18. ExlService Holdings' value of 23.44 is 460.8% above this industry median. Based on the distribution chart, ExlService Holdings ranks #462 out of 2117 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 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ExlService Holdings' 10-Year ROIIC % compare to EPAM and CSQR?
According to the Software industry distribution chart, ExlService Holdings ranks #462 out of 2117 companies for 10-Year ROIIC %. This places ExlService Holdings in the top 22% of its industry — outperforming the majority of peers. The industry median 10-Year ROIIC % is 4.18. ExlService Holdings' value of 23.44 is 460.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 10-Year ROIIC % for a Software company?
The median 10-Year ROIIC % among Software companies is 4.18, based on 2,117 companies in the industry. Companies in the top quartile (top 25%) have a 10-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 10-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ExlService Holdings's current 10-Year ROIIC % of 23.44 is 460.8% 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 10-Year ROIIC % mean?
A high 10-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 10-Year ROIIC % measures the change in earnings as a percentage of change in investment over 10-year. View historical data on ExlService Holdings and its competitors. For the Software industry, the median 10-Year ROIIC % is 4.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ExlService Holdings's current 10-Year ROIIC % is 23.44. 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 10-Year ROIIC % is 23.44 and 460.8% above the Software industry median of 4.18. 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 10-Year ROIIC % calculated?
10-Year ROIIC % is calculated from a company's financial statements. For ExlService Holdings (EXLS), the current 10-Year ROIIC % is 23.44 as of Dec. 2025. 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:
10-Year ROIIC %: 23.44
GF Value™: $48.11 vs. price of $35.47 (26.3% below fair value)
Industry Position: 460.8% above the Software median (#462 of 2117)
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.
86GF Score
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