EXASOL AG (EXL.DE) Stock Fundamental Analysis

Europe • Frankfurt Stock Exchange • FRA:EXL • DE000A0LR9G9

2.57 EUR
+0.02 (+0.78%)
Last: Feb 5, 2026, 07:00 PM
Fundamental Rating

5

We assign a fundamental rating of 5 out of 10 to EXL. EXL was compared to 115 industry peers in the Software industry. While EXL has a great health rating, its profitability is only average at the moment. EXL has a decent growth rate and is not valued too expensively.


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

  • In the past year EXL was profitable.
  • EXL had a positive operating cash flow in the past year.
  • EXL had negative earnings in 4 of the past 5 years.
  • EXL had negative operating cash flow in 4 of the past 5 years.
EXL.DE Yearly Net Income VS EBIT VS OCF VS FCFEXL.DE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2018 2019 2020 2021 2022 2023 2024 0 -10M -20M -30M -40M

1.2 Ratios

  • EXL has a Return On Assets of 7.17%. This is in the better half of the industry: EXL outperforms 60.87% of its industry peers.
  • EXL has a Return On Equity of 30.87%. This is amongst the best in the industry. EXL outperforms 86.96% of its industry peers.
  • Looking at the Return On Invested Capital, with a value of 3.67%, EXL is in line with its industry, outperforming 55.65% of the companies in the same industry.
Industry RankSector Rank
ROA 7.17%
ROE 30.87%
ROIC 3.67%
ROA(3y)-34.86%
ROA(5y)-43.4%
ROE(3y)-152.02%
ROE(5y)-136.22%
ROIC(3y)N/A
ROIC(5y)N/A
EXL.DE Yearly ROA, ROE, ROICEXL.DE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2018 2019 2020 2021 2022 2023 2024 0 100 -100 -200

1.3 Margins

  • Looking at the Profit Margin, with a value of 4.48%, EXL is in line with its industry, outperforming 48.70% of the companies in the same industry.
  • With a Operating Margin value of 3.19%, EXL perfoms like the industry average, outperforming 52.17% of the companies in the same industry.
  • EXL's Gross Margin of 88.94% is amongst the best of the industry. EXL outperforms 85.22% of its industry peers.
  • EXL's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 3.19%
PM (TTM) 4.48%
GM 88.94%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.92%
GM growth 5Y-0.71%
EXL.DE Yearly Profit, Operating, Gross MarginsEXL.DE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2018 2019 2020 2021 2022 2023 2024 0 50 -50 -100

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

8

2. Health

2.1 Basic Checks

  • EXL has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • The number of shares outstanding for EXL remains at a similar level compared to 1 year ago.
  • EXL has more shares outstanding than it did 5 years ago.
  • EXL has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
EXL.DE Yearly Shares OutstandingEXL.DE Yearly Shares OutstandingYearly Shares Outstanding 2018 2019 2020 2021 2022 2023 2024 5M 10M 15M 20M 25M
EXL.DE Yearly Total Debt VS Total AssetsEXL.DE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M

2.2 Solvency

  • EXL has an Altman-Z score of 3.76. This indicates that EXL is financially healthy and has little risk of bankruptcy at the moment.
  • EXL's Altman-Z score of 3.76 is in line compared to the rest of the industry. EXL outperforms 60.00% of its industry peers.
  • EXL has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0
Altman-Z 3.76
ROIC/WACC0.44
WACC8.4%
EXL.DE Yearly LT Debt VS Equity VS FCFEXL.DE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2018 2019 2020 2021 2022 2023 2024 0 20M -20M 40M -40M

2.3 Liquidity

  • EXL has a Current Ratio of 44.59. This indicates that EXL is financially healthy and has no problem in meeting its short term obligations.
  • The Current ratio of EXL (44.59) is better than 99.13% of its industry peers.
  • A Quick Ratio of 44.18 indicates that EXL has no problem at all paying its short term obligations.
  • With an excellent Quick ratio value of 44.18, EXL belongs to the best of the industry, outperforming 99.13% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 44.59
Quick Ratio 44.18
EXL.DE Yearly Current Assets VS Current LiabilitesEXL.DE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

6

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an impressive 158.81% over the past year.
  • The Revenue has grown by 13.18% in the past year. This is quite good.
  • The Revenue has been growing by 12.89% on average over the past years. This is quite good.
EPS 1Y (TTM)158.81%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%621.43%
Revenue 1Y (TTM)13.18%
Revenue growth 3Y13.01%
Revenue growth 5Y12.89%
Sales Q2Q%10.43%

3.2 Future

  • Based on estimates for the next years, EXL will show a very strong growth in Earnings Per Share. The EPS will grow by 171.44% on average per year.
  • EXL is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.94% yearly.
EPS Next Y700%
EPS Next 2Y231.66%
EPS Next 3Y171.44%
EPS Next 5YN/A
Revenue Next Year7.07%
Revenue Next 2Y5.47%
Revenue Next 3Y7.14%
Revenue Next 5Y8.94%

3.3 Evolution

  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
EXL.DE Yearly Revenue VS EstimatesEXL.DE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 20M 40M 60M 80M 100M
EXL.DE Yearly EPS VS EstimatesEXL.DE Yearly EPS VS EstimatesYearly EPS VS Estimates 2020 2021 2022 2023 2024 2025 2026 2027 0 0.2 -0.2 -0.4 -0.6 -0.8 -1

More info and screens

Find the best growth stocksShow best growing peers

4

4. Valuation

4.1 Price/Earnings Ratio

  • EXL is valuated quite expensively with a Price/Earnings ratio of 36.71.
  • EXL's Price/Earnings ratio is in line with the industry average.
  • EXL is valuated rather expensively when we compare the Price/Earnings ratio to 27.67, which is the current average of the S&P500 Index.
  • Based on the Price/Forward Earnings ratio of 23.13, the valuation of EXL can be described as rather expensive.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of EXL indicates a somewhat cheap valuation: EXL is cheaper than 61.74% of the companies listed in the same industry.
  • EXL's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.20.
Industry RankSector Rank
PE 36.71
Fwd PE 23.13
EXL.DE Price Earnings VS Forward Price EarningsEXL.DE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40 50

4.2 Price Multiples

  • EXL's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. EXL is cheaper than 66.96% of the companies in the same industry.
  • The rest of the industry has a similar Price/Free Cash Flow ratio as EXL.
Industry RankSector Rank
P/FCF 33.52
EV/EBITDA 14.35
EXL.DE Per share dataEXL.DE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0.5 1 1.5

4.3 Compensation for Growth

  • EXL's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • EXL's earnings are expected to grow with 171.44% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.05
PEG (5Y)N/A
EPS Next 2Y231.66%
EPS Next 3Y171.44%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. Dividend

5.1 Amount

  • No dividends for EXL!.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

EXASOL AG

FRA:EXL (2/5/2026, 7:00:00 PM)

2.57

+0.02 (+0.78%)

Chartmill FA Rating
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)11-12
Earnings (Next)02-18
Inst Owners11.1%
Inst Owner ChangeN/A
Ins Owners3.72%
Ins Owner ChangeN/A
Market Cap69.08M
Revenue(TTM)41.66M
Net Income(TTM)1.87M
Analysts84
Price Target6.43 (150.19%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)22.33%
PT rev (3m)23.53%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-5.88%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.12%
Valuation
Industry RankSector Rank
PE 36.71
Fwd PE 23.13
P/S 1.66
P/FCF 33.52
P/OCF 26
P/B 11.42
P/tB 13.66
EV/EBITDA 14.35
EPS(TTM)0.07
EY2.72%
EPS(NY)0.11
Fwd EY4.32%
FCF(TTM)0.08
FCFY2.98%
OCF(TTM)0.1
OCFY3.85%
SpS1.55
BVpS0.22
TBVpS0.19
PEG (NY)0.05
PEG (5Y)N/A
Graham Number0.6
Profitability
Industry RankSector Rank
ROA 7.17%
ROE 30.87%
ROCE 5.21%
ROIC 3.67%
ROICexc 27.93%
ROICexgc 39.64%
OM 3.19%
PM (TTM) 4.48%
GM 88.94%
FCFM 4.95%
ROA(3y)-34.86%
ROA(5y)-43.4%
ROE(3y)-152.02%
ROE(5y)-136.22%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.92%
GM growth 5Y-0.71%
F-Score7
Asset Turnover1.6
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0
Debt/EBITDA 0
Cap/Depr 30.72%
Cap/Sales 1.43%
Interest Coverage 265.94
Cash Conversion 81.26%
Profit Quality 110.42%
Current Ratio 44.59
Quick Ratio 44.18
Altman-Z 3.76
F-Score7
WACC8.4%
ROIC/WACC0.44
Cap/Depr(3y)7.45%
Cap/Depr(5y)49.4%
Cap/Sales(3y)0.53%
Cap/Sales(5y)5.93%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)158.81%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%621.43%
EPS Next Y700%
EPS Next 2Y231.66%
EPS Next 3Y171.44%
EPS Next 5YN/A
Revenue 1Y (TTM)13.18%
Revenue growth 3Y13.01%
Revenue growth 5Y12.89%
Sales Q2Q%10.43%
Revenue Next Year7.07%
Revenue Next 2Y5.47%
Revenue Next 3Y7.14%
Revenue Next 5Y8.94%
EBIT growth 1Y136.96%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year4100%
EBIT Next 3Y319.83%
EBIT Next 5YN/A
FCF growth 1Y126.56%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y134.48%
OCF growth 3YN/A
OCF growth 5Y-9.08%

EXASOL AG / EXL.DE FAQ

Can you provide the ChartMill fundamental rating for EXASOL AG?

ChartMill assigns a fundamental rating of 5 / 10 to EXL.DE.


What is the valuation status for EXL stock?

ChartMill assigns a valuation rating of 4 / 10 to EXASOL AG (EXL.DE). This can be considered as Fairly Valued.


Can you provide the profitability details for EXASOL AG?

EXASOL AG (EXL.DE) has a profitability rating of 4 / 10.


What is the valuation of EXASOL AG based on its PE and PB ratios?

The Price/Earnings (PE) ratio for EXASOL AG (EXL.DE) is 36.71 and the Price/Book (PB) ratio is 11.42.


How financially healthy is EXASOL AG?

The financial health rating of EXASOL AG (EXL.DE) is 8 / 10.