Eclerx Services Ltd
NSE:ECLERX

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Eclerx Services Ltd
NSE:ECLERX
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Price: 1 520.3 INR -2.8%
Market Cap: ₹140.2B

EV/EBIT

16.1
Current
6%
Cheaper
vs 3-y average of 17.1

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
16.1
=
Enterprise Value
₹126.6B
/
EBIT
₹8.2B

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
16.1
=
Enterprise Value
₹126.6B
/
EBIT
₹8.2B

Valuation Scenarios

Eclerx Services Ltd is trading below its 3-year average

If EV/EBIT returns to its 3-Year Average (17.1), the stock would be worth ₹1 617.59 (6% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-18%
Maximum Upside
+44%
Average Upside
13%
Scenario EV/EBIT Value Implied Price Upside/Downside
Current Multiple 16.1 ₹1 520.3
0%
3-Year Average 17.1 ₹1 617.59
+6%
5-Year Average 13.2 ₹1 242.14
-18%
Industry Average 19.5 ₹1 837.21
+21%
Country Average 23.3 ₹2 196.67
+44%

Forward EV/EBIT
Today’s price vs future ebit

Today's Enterprise Value EBIT Forward EV/EBIT
₹126.6B
/
Jan 2026
₹8.2B
=
16.1
Current
₹126.6B
/
Mar 2026
₹9B
=
14.1
Forward
₹126.6B
/
Mar 2027
₹10.7B
=
11.8
Forward
₹126.6B
/
Mar 2028
₹12.4B
=
10.2
Forward
₹126.6B
/
Mar 2029
₹12.7B
=
9.9
Forward

Forward EV/EBIT shows whether today’s EV/EBIT still looks high or low once future ebit are taken into account.

Peer Comparison

All Multiples
EV/EBIT
P/E
All Countries
Close
Market Cap EV/EBIT P/E
IN
Eclerx Services Ltd
NSE:ECLERX
146.8B INR 16.1 21.3
US
Visa Inc
NYSE:V
591.4B USD 21.4 28.7
US
Mastercard Inc
NYSE:MA
457.1B USD 23.9 30.5
US
Automatic Data Processing Inc
NASDAQ:ADP
81.8B USD 14.9 19.3
US
PayPal Holdings Inc
NASDAQ:PYPL
46.8B USD 7.3 9
NL
Adyen NV
AEX:ADYEN
30.9B EUR 18.2 28.9
US
Fiserv Inc
NASDAQ:FISV
33.8B USD 10.6 9.7
US
Paychex Inc
NASDAQ:PAYX
33.6B USD 14.5 20.5
ES
Amadeus IT Group SA
MAD:AMS
22.7B EUR 13.5 17.1
US
Fidelity National Information Services Inc
NYSE:FIS
24.5B USD 20.1 64.2
US
Fleetcor Technologies Inc
NYSE:CPAY
22.6B USD 14.4 21.3

Market Distribution

In line with most companies in India
Percentile
31st
Based on 2 572 companies
31st percentile
16.1
Low
0.4 — 15.7
Typical Range
15.7 — 34.7
High
34.7 —
Distribution Statistics
India
Min 0.4
30th Percentile 15.7
Median 23.3
70th Percentile 34.7
Max 48 145.1

Eclerx Services Ltd
Glance View

In the bustling realm of global business management, eClerx Services Ltd. stands out as a prominent player, orchestrating operations akin to a backstage maestro ensuring the show runs seamlessly. Founded in 2000 and headquartered in Mumbai, eClerx has carved a niche in offering knowledge process outsourcing (KPO) services. Its forte lies in three key segments: Digital, Customer Operations, and Financial Markets. Their digital division is a powerhouse of analytics, leveraging profound insights and automation to amplify marketing efforts and enhance customer experiences for global giants. The Customer Operations unit is vital for brands seeking to optimize their service delivery, where eClerx streamlines processes and enhances consumer interaction, ensuring the seamless execution of daily operations. Meanwhile, in Financial Markets, the company provides a backbone of essential data management and analytics, supporting investment banking and brokerage giants with regulatory compliance, trade settlement, and other critical back-office functions. The mechanics of eClerx's business model are rooted in the value proposition of efficiency and expertise. By stepping in as a strategic partner, eClerx helps its clients to cut costs while elevating service quality, enabling them to focus on their core competencies. Revenue flows predominantly through long-term contracts, with clients spanning a diverse range of industries including retail, finance, media, and manufacturing. By deploying a robust combination of advanced technology, skilled human resources, and data-driven insights, eClerx not only addresses complex operational challenges but also continuously innovates its service offerings. Their strategic global presence, with delivery centers spread across India, the US, Europe, and beyond, allows them to cater to a vast clientele, enhancing operational flexibility and providing around-the-clock support. This business model not only sustains eClerx's growth but also cements its position as a trusted ally in the world of business solutions.

ECLERX Intrinsic Value
1 393.88 INR
Overvaluation 8%
Intrinsic Value
Price ₹1 520.3
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