COMPARE · Data as of August 21, 2026

EXLS vs IT

Verdict: Side-by-side breakdown using the Bull Rankings model. EXLS scored 81.8, IT scored 68.3 — EXLS leads.
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Different reporting periods. IT's fundamentals are as of June 2026, but EXLS's are as of March 2026 — a 3-month gap. Growth, margin and valuation figures below therefore describe different windows and aren't strictly like-for-like.
EXLS
ExlService Holdings, Inc.
Information Technology Services · Quality-Growth
81.8
$37.53 · $5.7B
fundamentals as of
Score gap
13.5
EXLS leads
IT
Gartner, Inc.
Information Technology Services · Quality-Growth
68.3
$195.90 · $12.4B
fundamentals as of
  • CheapestIT17.6x
  • Fastest growthEXLS+13.4%
  • Highest qualityEXLS85 / 100
  • Largest discount to fair valueIT-52%
THE BULL RANKINGS SCORECARD81.8/ 100 · BULL SCOREPEER MEDIANQUALITY85.0GROWTH88.2VALUE72.9
THE BULL RANKINGS SCORECARD68.3/ 100 · BULL SCOREPEER MEDIANQUALITY76.0GROWTH49.0VALUE85.6
EXLSITQuality85.076.0Growth88.249.0Value72.985.6
cheap & fastrevenue growth →← cheaper (lower multiple)-9%23%13x29xEXLSIT

Growth against the P/E multiple. Up and to the right is cheaper and faster — the quality-growth idea in one picture. Points beyond the axis are pinned to the edge and marked off-scale rather than allowed to compress everything else.

FCFEXLS$297mIT$1.3b
RevEXLS+13.4%IT+0.7%
P/EEXLS23.8xIT17.6x
PEGEXLS1.10IT0.86
EXLS
stronger →← stronger
IT
85
Qualityreturns · margins · balance sheet
76
88
Growthrevenue & earnings expansion
49
73
Valuevaluation vs sector peers
86
EXLS is stronger on 2 of 3 pillars.
EXLS
IT
$297mC
FCF
$1.3bC+
+13.4%B+
Rev
+0.7%C
0.57C+
D/E
23.8xB+
P/E
17.6xA-
1.10B+
PEG
0.86B+
Winner per row is the stronger grade; where grades tie, the better figure breaks it. A true tie or a missing value shows no highlight.
EXLS
IT
13% below
Price vs fair valuelower is cheaper
52% below
~5%/yr
Growth the price implies10-yr FCF · lower = less priced in
~-9%/yr
+1%
1-yr DCF upside
+81%
+15%
5-yr DCF upside
+107%
+41%
10-yr DCF upside
+152%
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
EXLS
Why this score
  • Buying back stock
  • Durable high returns
IT
Why this score
  • Buying back stock
  • Durable high returns
EXLSExlService Holdings, Inc.
Information Technology Services · $37.53 · beta 0.80
Why now
Information Technology Services · market cap $5.7b. 17% off the 52-week high of $45.08. Revenue growing +13%, comfortably above the S&P median. 8 sell-side analysts rate this a Strong Buy with a mean 1-yr target of $44.38 (implying +18% upside).
Moat
ROE 32% — top-decile capital efficiency. Either pricing leverage, low capital intensity, or aggressive buybacks; the durability story depends on which. FCF converts 118% of net income — earnings translate cleanly into cash, a sign that working capital and capex are well-disciplined.
Risk
Mature compounder — the risk is paying up for quality at a moment when growth is decelerating. Watch for sequential revenue + margin trends; the inflection from "compounder" to "ex-compounder" is hard to spot until the multiple already started compressing.
ITGartner, Inc.
Information Technology Services · $195.90 · beta 0.91
Why now
Information Technology Services · market cap $12.4b. Down 26% from 52-week high of $265.85 — deep drawdown territory. PEG 0.86 — paying under fair value for the growth rate. 13 sell-side analysts rate this a Hold with a mean 1-yr target of $185.15 (implying -5% upside).
Moat
FCF converts 166% of net income — earnings translate cleanly into cash, a sign that working capital and capex are well-disciplined.
Risk
ROE -463% is below the long-run sustainable threshold of ~10% — capital efficiency would need to improve for the equity base to compound at the market rate.
EXLS leads IT by 1.7 points (83.5 to 81.8), its sharpest advantage coming in Rev (grade B+). A contrarian could still prefer IT, which trades about 58% below our DCF fair value — a margin of safety the score doesn't reward. Note they play different roles — EXLS screens as growth, IT screens as value — so the model rewards different traits for each.
Our AI analyst is busy right now, so this verdict is drawn directly from the pillars, grades and DCF above.
Not investment advice. The Bull Rankings publishes a quantitative ranking model and accompanying analysis for general informational purposes only. Nothing on this page is a recommendation to buy, sell, or hold any security; nothing is personalized to your circumstances, risk tolerance, or tax situation. Investing carries the risk of loss — invest at your own risk and consider consulting a licensed financial professional before acting on anything you read here. See terms and methodology for full disclosures.

Where EXLS and IT diverge

On the headline score the gap is 13.5 points in favor of EXLS. They get there differently, though — each leads on a different pillar, so the better pick depends on which you weight.

Pillars run 0–100 against sector peers, so a score is a statement about a company relative to its own industry rather than to the other name here. A wide Value gap usually means the market already prices the difference in quality or growth — which is the trade-off this comparison comes down to.