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, American Well's Enterprise Value is $-17.6 Mil.
American Well's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $-92.3 Mil. Therefore, American Well's EV-to-EBIT ratio for today is 0.19.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, American Well's Enterprise Value is $-17.6 Mil.
American Well's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $-58.5 Mil. Therefore, American Well's EV-to-EBITDA ratio for today is 0.30.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, American Well's Enterprise Value is $-17.6 Mil.
American Well's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was $237.4 Mil. Therefore, American Well's EV-to-Revenue ratio for today is -0.07.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, American Well's Enterprise Value is $-17.6 Mil.
American Well's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $-44.6 Mil. Therefore, American Well's EV-to-FCF ratio for today is 0.39.
*** 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.
American Well (NYSE:AMWL) 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.
American Well's current Enterprise Value is $-17.6 Mil.
American Well'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 $-92.3 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
American Well's current Enterprise Value is $-17.6 Mil.
American Well'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 $-58.5 Mil.
American Well's current Enterprise Value is $-17.6 Mil.
American Well'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 $237.4 Mil.
American Well's current Enterprise Value is $-17.6 Mil.
American Well'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 $-41.8 Mil.
American Well's current Enterprise Value is $-17.6 Mil.
American Well'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 $-44.6 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 Enterprise Value Related Terms
American Well Enterprise Value Historical Data
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The historical data trend for American Well'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.
AMWL vs SY, HCAT, LFMD: Enterprise Value Comparison
For the Health Information Services subindustry, American Well'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.
American Well Enterprise Value vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, American Well's Enterprise Value distribution charts can be found below:
* The bar in red indicates where American Well's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
American Well's Enterprise Value for the fiscal year that ended in Dec. 2025 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.
American Well (AMWL) has a Enterprise Value of $-17.6 Mil as of Jul. 09, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on American Well and its competitors.
Is American Well's Enterprise Value too high?
American Well's current Enterprise Value is $-17.6 Mil. Overall, American Well has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does American Well's Enterprise Value compare to SY and HCAT?
American Well's Enterprise Value of $-17.6 Mil can be compared against companies in the Healthcare Providers & Services 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 Healthcare Providers & Services company?
A good Enterprise Value depends on the Healthcare Providers & Services 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 American Well and its competitors. American Well's current Enterprise Value is $-17.6 Mil. 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 Modestly Overvalued. The stock's GF Value™ is $6.82, compared to a current price of $8.67 — trading 27.1% above its estimated fair value. The current Enterprise Value is $-17.6 Mil. American Well's overall GF Score™ is 62/100 with 5 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 American Well (AMWL), the current Enterprise Value is $-17.6 Mil as of Jul. 09, 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 $8.67 is trading 27.1% above its estimated GF Value™ of $6.82.
GuruFocus considers American Well to be Modestly Overvalued.
Key valuation signals for AMWL:
Enterprise Value: $-17.6 Mil
GF Value™: $6.82 vs. price of $8.67 (27.1% 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.
62GF Score
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