DXC vs EXLS vs IPM Stock Comparison

DXC Technology, ExlService Holdings and Intelligent Protection Management Prices as of Nov 3, 2026 Peers: Industry group
1 more company in this comparison (FORTY) Create a free account to keep reading and compare up to 10 companies.
DXC DXC Technology Co
$13.79 +24.2% 1M +3.9% 1Y
Market cap
$2.14B
P/E
19.5x
Revenue (TTM)
$12.36B
Div. yield
–
IT Services Technology
2 wins

Head to Head

11 decided of 12

ExlService Holdings leads on 7 of the 12 questions below (ExlService Holdings 7, DXC Technology 2, Intelligent Protection Management 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionDXCEXLSIPMLeader
Larger companyMarket capitalisation $2.14B $6.36B $21.38M EXLS
Cheaper on earningsLower P/E, profitable companies only 19.5x 24.5x -5.7x DXC
Cheaper on forward earningsLower price / next fiscal year consensus EPS 5.0x 19.5x 20.5x DXC
Faster revenue growthRevenue growth, trailing twelve months -2.8% +15.6% +113.5% IPM
More profitableNet margin, trailing twelve months 0.9% 11.1% -14.8% EXLS
Better return on capitalReturn on invested capital 2.5% 19.9% — EXLS
Less leveragedLower net debt / EBITDA 0.8x 0.4x — EXLS
Higher dividend yieldTrailing dividend yield 0.00% — — –
Better 1-year returnPrice return, last 12 months +3.9% +7.6% -16.8% EXLS
Better 5-year returnAnnualised price return, 5 years -16.4%/yr +9.4%/yr -19.1%/yr EXLS
Less volatileAnnualised volatility, 1 year 58.9% 42.5% 41.7% IPM
Higher overall scoreMean of the five percentile scores vs peers 61/100 66/100 39/100 EXLS

Percentile Scorecard

DXCEXLSIPM

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisDXCEXLSIPM
Valuation 100 #1 of 52 24 #40 of 52 16 #44 of 52
Growth 20 #37 of 46 84 #8 of 46 87 #7 of 46
Profitability 59 #18 of 42 90 #5 of 42 12 #37 of 42
Financial Health 30 #43 of 61 62 #24 of 61 42 #36 of 61
Shareholder Returns 97 #2 of 30 69 #10 of 30 –
Overall 61 66 39
  • DXC ranked among 65 companies in Technology Services
  • EXLS ranked among 65 companies in Technology Services
  • IPM ranked among 65 companies in Technology Services

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodDXCEXLSIPMSPY
1 month +24.2%+17.8%-7.9% -2.0%
3 months +25.4%+22.5%-9.9% -2.2%
6 months +16.3%+34.8%-10.9% +4.2%
Year to date -5.9%-0.7%-4.7% +10.6%
1 year +3.9%+7.6%-16.8% +10.4%
3 years -38.2%+58.0%-1.8% +73.6%
3 years, per year -14.8%+16.5%-0.6% +20.2%
5 years -59.2%+56.4%-65.3% +61.6%
5 years, per year -16.4%+9.4%-19.1% +10.1%
10 years -74.2%+377.7%-66.5% +261.3%
10 years, per year -12.7%+16.9%-10.4% +13.7%

Risk

MeasureDXCEXLSIPMSPY
Volatility, 1Y 58.9%42.5%41.7% 12.8%
Downside volatility, 1Y 67.2%44.1%49.5% 12.8%
Beta vs S&P 500, 1Y 0.48-0.050.79 1.00
Return / volatility, 1Y 0.070.18-0.40 0.81
Max drawdown, 5Y -78.8%-51.3%-73.5% -25.4%
From 52-week high -15.5%-2.9%-23.7% -3.2%
52-week high $16.31$43.38$2.15 $779.14
52-week low $8.22$25.22$1.49 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleDXCEXLSIPM
P/E now vs peer median 19.5xmedian 17.9x 24.5xmedian 17.9x -5.7xmedian 17.9x
P/S now vs peer median 0.2xmedian 0.7x 2.7xmedian 0.7x 0.8xmedian 0.7x
EV/EBITDA now vs peer median 2.0xmedian 9.5x 16.0xmedian 9.5x -6.7xmedian 9.5x
P/FCF now vs peer median 2.1xmedian 13.2x 23.5xmedian 13.2x -33.2xmedian 13.2x
P/B now vs peer median 0.6xmedian 1.5x 6.9xmedian 1.5x 1.3xmedian 1.5x
PEG now vs peer median 0.63median 1.16 1.39median 1.16 0.81median 1.16

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsDXCEXLSIPM
Revenue $12.36B $2.34B $25.19M
Gross profit $2.75B $898.82M $12.19M
Operating income $636.00M $346.00M -$4.54M
Net income $120.00M $260.61M -$3.73M
Free cash flow $1.03B $271.19M -$644.80K
EPS (diluted) $0.69 $1.71 $-0.29
Cash & equivalents $1.60B $154.07M $5.23M
Total debt $3.06B $511.05M –
Shares (diluted) 161.99M 152.57M 13.04M
Enterprise value -$4.66B $5.16B -$2.44M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricDXCEXLSIPM
P/E 19.5x 24.5x -5.7x
P/FCF 2.1x 23.5x -33.2x
P/Operating cash flow 1.7x 19.5x -37.8x
P/S 0.2x 2.7x 0.8x
P/B 0.6x 6.9x 1.3x
P/Tangible book 1.1x 7.7x 2.6x
EV/EBITDA 2.0x 16.0x -6.7x
EV/EBIT 5.7x 18.9x -3.6x
EV/Revenue 0.3x 2.8x 0.6x
EV/FCF 3.5x 24.1x -25.0x
EV/Operating cash flow 2.8x 20.1x -28.5x
PEG (3Y EPS CAGR) 0.63 1.39 0.81

Growth

14 metrics
MetricDXCEXLSIPM
Revenue growth (1Y) -2.8% 15.6% 113.5%
Revenue CAGR (3Y) -4.2% 13.7% 32.1%
Gross profit growth (1Y) -11.9% 16.0% 92.0%
Gross profit CAGR (3Y) -4.4% 14.9% 15.8%
Operating income growth (1Y) -29.2% 12.7% 18.0%
Operating income CAGR (3Y) 45.4% 13.7% -14.2%
Net income growth (1Y) -68.8% 7.9% 48.5%
Net income CAGR (3Y) 30.4% 14.0% -20.2%
EPS growth (1Y) -66.8% 14.4% 47.9%
EPS CAGR (3Y) 31.0% 17.6% -7.1%
Operating cash flow growth (1Y) -17.4% -3.7% 59.3%
Operating cash flow CAGR (3Y) -3.1% 18.3% 37.4%
Free cash flow growth (1Y) -21.6% -5.5% 53.6%
Free cash flow CAGR (3Y) -4.6% 23.7% 34.6%

Profitability

14 metrics
MetricDXCEXLSIPM
Gross margin 22.3% 38.4% 48.4%
EBITDA margin 14.3% 17.5% -9.5%
Operating margin 5.1% 14.8% -18.0%
Pretax margin 3.4% 14.4% -16.6%
Net margin 0.9% 11.1% -14.8%
FCF margin 8.3% 11.6% -2.6%
Operating cash flow margin 10.4% 13.9% -2.2%
Return on equity 3.3% 29.0% -22.2%
Return on assets 0.9% 13.6% -12.9%
Return on invested capital 2.5% 19.9% –
Return on capital employed 7.7% 23.6% -22.1%
Asset turnover 1.0x 1.2x 0.9x
Cash conversion (OCF / net income) 10.7x 1.3x 0.2x
Stock comp / revenue 0.6% 4.0% 0.6%

Financial Health

11 metrics
MetricDXCEXLSIPM
Debt / assets 25.1% 24.6% –
Debt / equity 0.9x 0.6x –
Net debt / EBITDA 0.8x 0.4x –
Debt / FCF 3.0x 1.9x –
Liabilities / assets 72.8% 55.2% 43.0%
Equity / assets 27.2% 44.8% 57.0%
Interest coverage 2.9x 17.6x –
Current ratio 1.1x 2.2x 1.4x
Quick ratio 1.0x 2.2x 0.9x
Cash ratio 0.4x 0.7x 0.6x
Altman Z-score 1.12 6.48 0.21

Shareholder Returns

7 metrics
MetricDXCEXLSIPM
Dividend yield – – –
Net buyback yield 12.0% 5.0% –
Shareholder yield 12.0% 5.0% –
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusDXCEXLSIPM
Forward P/E 5.0xFY2026 19.5xFY2026 20.5xFY2026
EPS, next fiscal year $2.76FY2026 $2.16FY2026 $0.08FY2026
EPS growth, next FY -14.6%FY2026 +10.8%FY2026 –
EPS growth, the year after +1.1% +26.4% +75.0%
Revenue, next fiscal year $12.88BFY2026 $2.53BFY2026 $24.44MFY2026
Revenue growth, next FY +1.9%FY2026 +21.3%FY2026 +3.5%FY2026
Revenue growth, the year after -9.8% +3.5% +20.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersDXCEXLSIPM
Held by institutions 100.0% 100.0% –
Institutions holding 437 442 –
Change in shares held, QoQ +8.7% +1.7% –
Institutions buying 215 211 –
Institutions selling 113 188 –
Buyers to sellers 1.90 1.12 –

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

DXCEXLSIPM
DXC 1.00 0.58 0.11
EXLS 0.58 1.00 0.04
IPM 0.11 0.04 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, DXC, EXLS and IPM?

ExlService Holdings (EXLS) is the largest by market capitalisation: DXC Technology (DXC) $2.14B, ExlService Holdings (EXLS) $6.36B, Intelligent Protection Management (IPM) $21.38M.

Which stock is cheaper, DXC, EXLS and IPM?

DXC Technology (DXC) trades on the lowest price-to-earnings ratio (DXC Technology (DXC) 19.5x, ExlService Holdings (EXLS) 24.5x, Intelligent Protection Management (IPM) -5.7x). On next year's consensus earnings, DXC Technology (DXC) is cheapest (DXC Technology (DXC) 5.0x, ExlService Holdings (EXLS) 19.5x, Intelligent Protection Management (IPM) 20.5x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Intelligent Protection Management (IPM) grew revenue fastest over the trailing twelve months: DXC Technology (DXC) -2.8%, ExlService Holdings (EXLS) +15.6%, Intelligent Protection Management (IPM) +113.5%.

Which company is more profitable?

ExlService Holdings (EXLS) has the highest net margin (DXC Technology (DXC) 0.9%, ExlService Holdings (EXLS) 11.1%, Intelligent Protection Management (IPM) -14.8%). On return on invested capital, ExlService Holdings (EXLS) leads (DXC Technology (DXC) 2.5%, ExlService Holdings (EXLS) 19.9%).

Which stock has performed better?

Over the past year ExlService Holdings (EXLS) returned the most: DXC Technology (DXC) +3.9%, ExlService Holdings (EXLS) +7.6%, Intelligent Protection Management (IPM) -16.8%. Over five years, ExlService Holdings (EXLS) compounded fastest (DXC Technology (DXC) -16.4%/yr, ExlService Holdings (EXLS) +9.4%/yr, Intelligent Protection Management (IPM) -19.1%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Intelligent Protection Management (IPM) has been the steadiest (DXC Technology (DXC) 58.9%, ExlService Holdings (EXLS) 42.5%, Intelligent Protection Management (IPM) 41.7%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, DXC, EXLS and IPM?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, ExlService Holdings (EXLS) leads on 7. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.