ExlService Holdings, Inc. (EXLS) vs Novanta Inc. (NOVT)
A side-by-side comparison of ExlService Holdings, Inc. and Novanta Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.
EXLS
ExlService Holdings, Inc.
$36.05TechnologyDelayed quote: Oct 6, 2026, 11:55 AM EDT
NOVT
Novanta Inc.
$152.25TechnologyDelayed quote: Oct 6, 2026, 11:55 AM EDT
Total return — EXLS vs NOVT
growth of $100 · dividends reinvested · last 10yEXLS +263.4% (+13.8%/yr)NOVT +768.1% (+24.1%/yr)NOVT compounded faster over this window
EXLS NOVT
EXLS vs NOVT: by the numbers
- •EXLS is the larger company ($5.46B vs $5.42B market cap).
- •EXLS trades at the lower trailing earnings multiple (22.67 vs 97.60 P/E), one valuation lens rather than an overall verdict.
- •EXLS converts more revenue to profit (11.17% vs 6.00% net margin).
- •EXLS grew revenue faster over the past five years (16.87% vs 10.65% CAGR).
Metrics side by side
Valuation
| Metric | EXLS | NOVT |
|---|---|---|
| P/E ratio | 22.67 | 97.60 |
| Forward P/E | 15.75 | 41.22 |
| PEG ratio | 0.93 | 29.58 |
| P/S ratio | 2.44 | 5.27 |
| P/B ratio | 6.31 | 3.35 |
| EV / EBITDA | 13.99 | 29.50 |
| FCF yield | 5.03% | 2.11% |
Profitability
| Metric | EXLS | NOVT |
|---|---|---|
| Gross margin | 38.51% | 42.52% |
| Operating margin | 14.90% | 10.43% |
| Net margin | 11.17% | 6.00% |
| ROE | 28.86% | 3.82% |
| ROIC | 17.97% | 4.30% |
Growth (annualized)
| Metric | EXLS | NOVT |
|---|---|---|
| Revenue CAGR (5Y) | 16.87% | 10.65% |
| EPS CAGR (5Y) | 24.58% | 2.97% |
| FCF CAGR (5Y) | 11.74% | -17.89% |
| Total return CAGR (5Y) | 7.47% | -0.32% |
Frequently asked
- Which has the lower trailing P/E, EXLS or NOVT?
- EXLS has the lower trailing P/E: EXLS trades at 22.67 and NOVT at 97.60. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, EXLS or NOVT?
- Over the past five years, EXLS grew revenue faster — EXLS at a 16.87% CAGR versus NOVT at 10.65%.
- Is EXLS or NOVT more profitable?
- EXLS runs the higher net margin — EXLS at 11.17% versus NOVT at 6.00%.
- How have EXLS and NOVT total returns compared?
- Over the past 10 years, EXLS delivered 13.72% and NOVT delivered 24.09% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
ExlService P/E ratioNovanta P/E ratioExlService ROENovanta ROEExlService operating marginNovanta operating marginExlService revenue growthNovanta revenue growthExlService free cash flowNovanta free cash flow
ExlService & Novanta appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.