ExlService Holdings Inc
ExlService Holdings, Inc. operates as a data analytics, and digital operations and solutions company in the United States and internationally. The company operates through Insurance; Healthcare and Life Sciences; Banking, Capital Markets, and Diversified Industries; and International Growth Markets. It provides digital operations and solutions and analytics-driven services, such as claims process… Read more
ExlService Holdings Inc (EXLS) - Net Assets
Latest net assets as of September 2025: $952.39 Million USD
Based on the latest financial reports, ExlService Holdings Inc (EXLS) has net assets worth $952.39 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.73 Billion) and total liabilities ($781.24 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $952.39 Million |
| % of Total Assets | 54.94% |
| Annual Growth Rate | 13.38% |
| 5-Year Change | 29.3% |
| 10-Year Change | 99.64% |
| Growth Volatility | 88.68 |
ExlService Holdings Inc - Net Assets Trend (2001–2024)
This chart illustrates how ExlService Holdings Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for ExlService Holdings Inc (2001–2024)
The table below shows the annual net assets of ExlService Holdings Inc from 2001 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $929.86 Million | +4.55% |
| 2023-12-31 | $889.44 Million | +17.31% |
| 2022-12-31 | $758.18 Million | +9.38% |
| 2021-12-31 | $693.16 Million | -3.62% |
| 2020-12-31 | $719.17 Million | +7.34% |
| 2019-12-31 | $670.00 Million | +8.36% |
| 2018-12-31 | $618.32 Million | +3.05% |
| 2017-12-31 | $600.04 Million | +12.75% |
| 2016-12-31 | $532.18 Million | +14.26% |
| 2015-12-31 | $465.77 Million | +11.12% |
| 2014-12-31 | $419.16 Million | +14.47% |
| 2013-12-31 | $366.17 Million | +6.29% |
| 2012-12-31 | $344.52 Million | +23.72% |
| 2011-12-31 | $278.48 Million | +12.04% |
| 2010-12-31 | $248.55 Million | +20.82% |
| 2009-12-31 | $205.72 Million | +20.07% |
| 2008-12-31 | $171.33 Million | -1.52% |
| 2007-12-31 | $173.98 Million | +36.78% |
| 2006-12-31 | $127.20 Million | +311.06% |
| 2005-12-31 | $30.94 Million | +24.61% |
| 2004-12-31 | $24.83 Million | +300.52% |
| 2002-12-31 | $6.20 Million | -88.03% |
| 2001-12-31 | $51.80 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to ExlService Holdings Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 128196000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.28 Billion | 137.87% |
| Common Stock | $206.00K | 0.02% |
| Other Comprehensive Income | $-154.72 Million | -16.64% |
| Total Equity | $929.86 Million | 100.00% |
ExlService Holdings Inc Competitors by Market Cap
The table below lists competitors of ExlService Holdings Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
REC Limited
NSE:RECLTD
|
$4.59 Billion |
|
Flughafen Zürich AG
PINK:UZAPF
|
$4.59 Billion |
|
Matson Inc
NYSE:MATX
|
$4.59 Billion |
|
Avary Holding Shenzhen Co Ltd Class A
SHE:002938
|
$4.60 Billion |
|
Arkema S.A
PINK:ARKAF
|
$4.59 Billion |
|
KBR Inc
NYSE:KBR
|
$4.58 Billion |
|
SHHGF
PINK:SHHGF
|
$4.58 Billion |
|
The Gap, Inc.
NYSE:GAP
|
$4.57 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ExlService Holdings Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 889,437,000 to 929,862,000, a change of 40,425,000 (4.5%).
- Net income of 198,297,000 contributed positively to equity growth.
- Share repurchases of 207,926,000 reduced equity.
- New share issuances of 5,023,000 increased equity.
- Other comprehensive income decreased equity by 27,682,000.
- Other factors increased equity by 72,713,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $198.30 Million | +21.33% |
| Share Repurchases | $207.93 Million | -22.36% |
| Share Issuances | $5.02 Million | +0.54% |
| Other Comprehensive Income | $-27.68 Million | -2.98% |
| Other Changes | $72.71 Million | +7.82% |
| Total Change | $- | 4.55% |
Book Value vs Market Value Analysis
This analysis compares ExlService Holdings Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 5.28x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 5.51x to 5.28x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | $5.42 | $29.88 | x |
| 2002-12-31 | $0.32 | $29.88 | x |
| 2004-12-31 | $2.36 | $29.88 | x |
| 2005-12-31 | $2.91 | $29.88 | x |
| 2006-12-31 | $5.52 | $29.88 | x |
| 2007-12-31 | $5.96 | $29.88 | x |
| 2008-12-31 | $5.87 | $29.88 | x |
| 2009-12-31 | $6.99 | $29.88 | x |
| 2010-12-31 | $8.18 | $29.88 | x |
| 2011-12-31 | $8.83 | $29.88 | x |
| 2012-12-31 | $2.08 | $29.88 | x |
| 2013-12-31 | $2.16 | $29.88 | x |
| 2014-12-31 | $2.48 | $29.88 | x |
| 2015-12-31 | $2.72 | $29.88 | x |
| 2016-12-31 | $3.08 | $29.88 | x |
| 2017-12-31 | $3.41 | $29.88 | x |
| 2018-12-31 | $3.53 | $29.88 | x |
| 2019-12-31 | $3.86 | $29.88 | x |
| 2020-12-31 | $4.16 | $29.88 | x |
| 2021-12-31 | $4.05 | $29.88 | x |
| 2022-12-31 | $4.48 | $29.88 | x |
| 2023-12-31 | $5.29 | $29.88 | x |
| 2024-12-31 | $5.66 | $29.88 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ExlService Holdings Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 21.33%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.79%
- • Asset Turnover: 1.14x
- • Equity Multiplier: 1.74x
- Recent ROE (21.33%) is above the historical average (-18.11%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | -3.09% | -13.45% | 0.18x | 1.26x | $-6.78 Million |
| 2002 | -696.77% | -159.41% | 1.33x | 3.27x | $-43.82 Million |
| 2004 | 21.67% | 8.90% | 1.20x | 2.03x | $2.90 Million |
| 2005 | 22.81% | 9.55% | 1.18x | 2.02x | $3.97 Million |
| 2006 | 11.05% | 11.54% | 0.74x | 1.30x | $1.34 Million |
| 2007 | 15.54% | 15.03% | 0.85x | 1.21x | $9.65 Million |
| 2008 | 8.41% | 7.93% | 0.86x | 1.24x | $-2.73 Million |
| 2009 | 7.61% | 8.20% | 0.77x | 1.21x | $-4.92 Million |
| 2010 | 10.70% | 10.52% | 0.83x | 1.23x | $1.74 Million |
| 2011 | 12.49% | 9.65% | 0.96x | 1.36x | $6.93 Million |
| 2012 | 12.14% | 9.45% | 1.02x | 1.27x | $7.39 Million |
| 2013 | 13.14% | 10.05% | 1.03x | 1.27x | $11.48 Million |
| 2014 | 7.74% | 6.50% | 0.87x | 1.37x | $-9.47 Million |
| 2015 | 11.08% | 8.20% | 0.97x | 1.40x | $5.01 Million |
| 2016 | 11.60% | 9.00% | 0.97x | 1.33x | $8.53 Million |
| 2017 | 8.15% | 6.41% | 0.92x | 1.38x | $-11.09 Million |
| 2018 | 9.18% | 6.42% | 0.83x | 1.72x | $-5.08 Million |
| 2019 | 10.10% | 6.82% | 0.84x | 1.77x | $658.90K |
| 2020 | 12.44% | 9.34% | 0.77x | 1.74x | $17.56 Million |
| 2021 | 16.56% | 10.23% | 0.87x | 1.85x | $45.44 Million |
| 2022 | 18.86% | 10.12% | 1.05x | 1.78x | $67.15 Million |
| 2023 | 20.75% | 11.32% | 1.13x | 1.62x | $95.61 Million |
| 2024 | 21.33% | 10.79% | 1.14x | 1.74x | $105.31 Million |
Industry Comparison
This section compares ExlService Holdings Inc's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $3,830,255,773
- Average return on equity (ROE) among peers: 14.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ExlService Holdings Inc (EXLS) | $952.39 Million | -3.09% | 0.82x | $4.59 Billion |
| Accenture plc (ACN) | $26.46 Billion | 25.97% | 0.94x | $121.95 Billion |
| adesso SE (ADSGF) | $92.48 Million | 18.84% | 2.47x | $184.00 Million |
| Atlantic Energy Solutions Inc (AESO) | $1.19 Million | 45.06% | 4.65x | $67.96 |
| Atos SE (AEXAF) | $5.23 Billion | 11.49% | 1.58x | $64.82K |
| AGILQ (AGILQ) | $94.65 Million | -21.20% | 1.34x | $5.00K |
| Alithya Group Inc (ALYAF) | $33.37 Million | -8.60% | 1.59x | $59.40 Million |
| Amadeus IT Group S.A (AMADF) | $5.06 Billion | 24.75% | 1.33x | $28.16 Billion |
| Amadeus IT Holding SA PK (AMADY) | $1.27 Billion | 57.67% | 2.98x | $24.80 Billion |
| Applied Digital Corporation (APLD) | $4.39 Million | -5.99% | 0.46x | $6.54 Billion |
| Amper S.A. (APMRF) | $63.30 Million | 0.22% | 5.45x | $216.95 Million |