AAWH (Ascend Wellness Holdings) Enterprise Value: $672.1 Mil (As of Jun. 28, 2026) ***


AAWH Ascend Wellness Holdings Inc AAWH
42 GF Score
Price $0.47
GF Value $0.64
Valuation Possible Value Trap
! 4 Warning Signs
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What is Ascend Wellness Holdings Enterprise Value?

Ascend Wellness Holdings AAWH +4.61% 42 Enterprise Value is $672.1 Mil as of Jun. 28, 2026. GuruFocus rates AAWH with a GF Score™ of 42/100 and a GF Value™ of $0.64 (Possible Value Trap). The stock has 4 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Ascend Wellness Holdings's Enterprise Value is $672.1 Mil. Ascend Wellness Holdings's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $-15.9 Mil. Therefore, Ascend Wellness Holdings's EV-to-EBIT ratio for today is -42.15.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Ascend Wellness Holdings's Enterprise Value is $672.1 Mil. Ascend Wellness Holdings's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $59.6 Mil. Therefore, Ascend Wellness Holdings's EV-to-EBITDA ratio for today is 11.28.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Ascend Wellness Holdings's Enterprise Value is $672.1 Mil. Ascend Wellness Holdings's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was $489.5 Mil. Therefore, Ascend Wellness Holdings's EV-to-Revenue ratio for today is 1.37.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Ascend Wellness Holdings's Enterprise Value is $672.1 Mil. Ascend Wellness Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $12.7 Mil. Therefore, Ascend Wellness Holdings's EV-to-OCF ratio for today is 52.91.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Ascend Wellness Holdings's Enterprise Value is $672.1 Mil. Ascend Wellness Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $-23.9 Mil. Therefore, Ascend Wellness Holdings's EV-to-FCF ratio for today is -28.10.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Ascend Wellness Holdings  (OTCPK:AAWH) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Ascend Wellness Holdings's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=672.057/-15.943
=-42.15

Ascend Wellness Holdings's current Enterprise Value is $672.1 Mil.
Ascend Wellness Holdings's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-15.9 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Ascend Wellness Holdings's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=672.057/59.589
=11.28

Ascend Wellness Holdings's current Enterprise Value is $672.1 Mil.
Ascend Wellness Holdings's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $59.6 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Ascend Wellness Holdings's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=672.057/489.517
=1.37

Ascend Wellness Holdings's current Enterprise Value is $672.1 Mil.
Ascend Wellness Holdings's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $489.5 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Ascend Wellness Holdings's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=672.057/12.703
=52.91

Ascend Wellness Holdings's current Enterprise Value is $672.1 Mil.
Ascend Wellness Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $12.7 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Ascend Wellness Holdings's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=672.057/-23.913
=-28.10

Ascend Wellness Holdings's current Enterprise Value is $672.1 Mil.
Ascend Wellness Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-23.9 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.


Ascend Wellness Holdings Enterprise Value Related Terms


Ascend Wellness Holdings Enterprise Value Historical Data

* Premium members only.

The historical data trend for Ascend Wellness Holdings's Enterprise Value 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.

Ascend Wellness Holdings Enterprise Value Chart

Ascend Wellness Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial 1,429.73 705.81 707.83 573.64 691.38

Ascend Wellness Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 578.80 570.45 669.46 691.38 667.90

AAWH vs ZTS: Enterprise Value Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Ascend Wellness Holdings's Enterprise Value, along with its competitors' market caps and Enterprise Value 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.


Ascend Wellness Holdings Enterprise Value vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Ascend Wellness Holdings's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Ascend Wellness Holdings's Enterprise Value falls into.


AAWH
42GF Score
Ascend Wellness Holdings Inc AAWH
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Ascend Wellness Holdings Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Ascend Wellness Holdings's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Ascend Wellness Holdings's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of $672.1 Mil mean?
Ascend Wellness Holdings (AAWH) has a Enterprise Value of $672.1 Mil as of Jun. 28, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Ascend Wellness Holdings and its competitors.
Is Ascend Wellness Holdings' Enterprise Value too high?
Ascend Wellness Holdings' current Enterprise Value is $672.1 Mil. Overall, Ascend Wellness Holdings has a GF Score™ of 42/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ascend Wellness Holdings' Enterprise Value compare to ZTS?
Ascend Wellness Holdings' Enterprise Value of $672.1 Mil can be compared against companies in the Drug Manufacturers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Drug Manufacturers company?
A good Enterprise Value depends on the Drug Manufacturers industry context. However, Enterprise Value 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 Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Ascend Wellness Holdings and its competitors. Ascend Wellness Holdings's current Enterprise Value is $672.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ascend Wellness Holdings stock overvalued right now?
Based on GuruFocus' analysis, Ascend Wellness Holdings (AAWH) is currently considered Possible Value Trap. The stock's GF Value™ is $0.64, compared to a current price of $0.47 — trading 26.9% below its estimated fair value. The current Enterprise Value is $672.1 Mil. Ascend Wellness Holdings' overall GF Score™ is 42/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Ascend Wellness Holdings (AAWH), the current Enterprise Value is $672.1 Mil as of Jun. 28, 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 Ascend Wellness Holdings (AAWH) Overvalued in 2026?

Based on GuruFocus' analysis, Ascend Wellness Holdings stock appears to be undervalued. The current stock price of $0.47 is trading 26.9% below its estimated GF Value™ of $0.64. GuruFocus considers Ascend Wellness Holdings to be Possible Value Trap.

Key valuation signals for AAWH:

  • Enterprise Value: $672.1 Mil
  • GF Value™: $0.64 vs. price of $0.47 (26.9% below fair value)
  • GF Score™: 42/100 with 4 warning signs

No single metric tells the full story. See the AAWH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ascend Wellness Holdings Business Description

Other Exchanges 8VJ:GermanyAAWH.U:Canada
Address Rochelle Park, Morristown, NJ, USA, 07662
Ascend Wellness Holdings Inc is a vertically integrated multi-state operator focused on adult-use or near-term adult-use cannabis states in limited licenses markets. The company's core business is the cultivation, manufacturing, and distribution of cannabis consumer packaged goods, which it sells through company-owned retail stores and third-party licensed cannabis retail stores. It generates maximum revenue from the retail product segment.
42GF Score

Get the complete analysis for AAWH

Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.47
Price
$0.64
GF Value