Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
American WellAMWL -2.18%52 EV-to-OCF is -0.70 as of Aug. 25, 2026. GuruFocus rates AMWL with a GF Score™ of 52/100 and a GF Value™ of $6.41 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 684 Healthcare Providers & Services companies, American Well ranks better than 73.25% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, American Well's Enterprise Value is $18.4 Mil.
American Well's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $-26.4 Mil. Therefore, American Well's EV-to-OCF for today is -0.70.
The historical rank and industry rank for American Well's EV-to-OCF or its related term are showing as below:
AMWL'
s EV-to-OCF Range Over the Past 10 Years
Min: -65.18 Med: -0.64 Max: 1.95
Current: -0.7
During the past 8 years, the highest EV-to-OCF of American Well was 1.95. The lowest was -65.18. And the median was -0.64.
AMWL's EV-to-OCF is ranked better than 73.25% of 684
companies
in the Healthcare Providers & Services industry
Industry Median: 8.885
vs AMWL: -0.70
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
American Well's PE Ratio (TTM) for today is calculated as:
American Well's share price for today is $11.66.
American Well's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.770.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
American Well EV-to-OCF Related Terms
American Well EV-to-OCF Historical Data
* Premium members only.
The historical data trend for American Well's EV-to-OCF can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Health Information Services subindustry, American Well's EV-to-OCF, along with its competitors' market caps and EV-to-OCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
American Well EV-to-OCF vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, American Well's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where American Well's EV-to-OCF falls into.
American Well's current Enterprise Value is $18.4 Mil.
American Well's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-26.4 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
American Well (AMWL) has a EV-to-OCF of -0.70 as of Aug. 25, 2026. According to the industry distribution chart, American Well ranks #183 out of 684 companies in the Healthcare Providers & Services industry, placing it in the top 26.8%.
Is American Well's EV-to-OCF too high?
American Well's current EV-to-OCF is -0.70. Based on the distribution chart, American Well ranks #183 out of 684 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, American Well has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does American Well's EV-to-OCF compare to LFMD and SY?
According to the Healthcare Providers & Services industry distribution chart, American Well ranks #183 out of 684 companies for EV-to-OCF. This puts American Well in the upper half of its industry. The industry median EV-to-OCF is 8.89. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for a Healthcare Providers & Services company?
The median EV-to-OCF among Healthcare Providers & Services companies is 8.89, based on 684 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Healthcare Providers & Services industry, the median EV-to-OCF is 8.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. American Well's current EV-to-OCF is -0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Well stock overvalued right now?
Based on GuruFocus' analysis, American Well (AMWL) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.41, compared to a current price of $11.66 — trading 81.9% above its estimated fair value. The current EV-to-OCF is -0.70. American Well's overall GF Score™ is 52/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For American Well (AMWL), the current EV-to-OCF is -0.70 as of Aug. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is American Well (AMWL) Overvalued in 2026?
Based on GuruFocus' analysis, American Well stock appears to be overvalued.
The current stock price of $11.66 is trading 81.9% above its estimated GF Value™ of $6.41.
GuruFocus considers American Well to be Significantly Overvalued.
Key valuation signals for AMWL:
EV-to-OCF: -0.70
GF Value™: $6.41 vs. price of $11.66 (81.9% above fair value)
No single metric tells the full story. See the AMWL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
American Well Corp is an enterprise platform and software company digitally enabling hybrid care by offering payers and health systems a technology-enabled care platform. The Amwell Platform, its cloud-based enablement platform, digitally enables a scalable healthcare experience across all care settings by enabling critical services like virtual primary care, urgent care, clinical partner programs, scheduling visits, etc. Additionally, the healthcare providers can use the platform to access familiar workflows for taking notes, prescribing, referencing clinical treatment guidelines, and other related activities. The firm also offers various paid services, including licensed clinical staffing, implementation support, workflow design, etc, to help clients execute their hybrid care strategies.
52GF Score
Get the complete analysis for AMWL
EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
AMWL has been successfully added to your 
