Company Valuation: ExlService Holdings, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 4,821 5,602 5,088 7,140 6,669 5,664 - -
Change - 16.2% -9.18% 40.33% -6.59% -15.07% - -
Enterprise Value (EV) 1 4,767 5,554 4,997 7,088 6,640 5,712 5,598 5,418
Change - 16.51% -10.04% 41.84% -6.32% -13.97% -2% -3.22%
P/E 43.2x 40.1x 28x 36.7x 27.6x 22x 18.6x 16.1x
PBR 6.95x 7.43x 5.73x 7.72x 7.56x 6.45x 5.12x 4.02x
PEG - 1.5x 0.9x 3.67x 1x 2.1x 1x 1x
Capitalization / Revenue 4.3x 3.97x 3.12x 3.88x 3.19x 2.35x 2.1x 1.89x
EV / Revenue 4.25x 3.93x 3.06x 3.86x 3.18x 2.37x 2.08x 1.81x
EV / EBITDA 19.5x 18.7x 14.3x 17.8x 14.7x 11.2x 9.74x 8.53x
EV / EBIT 30.6x 28.9x 20.9x 26.9x 21.2x 16.1x 13.7x 11.8x
EV / FCF 32.5x 45.8x 31.5x 31.9x 22.3x 17.6x 15.5x 13x
FCF Yield 3.07% 2.18% 3.17% 3.14% 4.49% 5.68% 6.43% 7.7%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 0.67 0.846 1.1 1.21 1.54 1.699 2.009 2.323
Distribution rate - - - - - - - -
Net sales 1 1,122 1,412 1,631 1,838 2,088 2,410 2,693 2,996
EBITDA 1 244.9 297.5 349.1 397.7 452.3 511.4 574.6 635
EBIT 1 155.9 192.2 238.8 263.6 313.8 354 408.1 458.4
Net income 1 114.8 143 184.6 198.3 251 262 306 350
Net Debt 1 -53.86 -47.7 -90.83 -52.09 -29.77 47.66 -66.46 -246.6
Reference price 2 28.95 33.89 30.85 44.38 42.44 37.36 37.36 37.36
Nbr of stocks (in thousands) 166,515 165,323 164,923 160,882 157,149 151,612 - -
Announcement Date 2/24/22 2/23/23 2/29/24 2/25/25 2/24/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
21.98x2.37x11.17x-.--% 5.66B
31.14x15.91x22.63x0.69% 719B
37.85x6.89x24.44x0.95% 82.84B
22.44x4.44x9.77x0.75% 64.41B
-88.02x19.35x46.7x-.--% 50.99B
11.03x1.47x7.54x1% 47.99B
45.98x1.7x9.52x-.--% 45.85B
19.3x3.31x7.88x1.64% 30.98B
19.71x6.04x11.61x-.--% 25.81B
9.72x2.57x6.2x-.--% 24.5B
Average 13.11x 6.41x 15.75x 0.5% 109.75B
Weighted average by Cap. 24.21x 12.54x 20.82x 0.66%

Y-o-Y evolution of P/E

Valuation ratios - P/E - ExlService Holdings, Inc.

Historical PBR trend

Valuation ratios - PBR - ExlService Holdings, Inc.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - ExlService Holdings, Inc.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - ExlService Holdings, Inc.


Year-on-year evolution of the Yield

Valuation ratios - Yield - ExlService Holdings, Inc.
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