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, Spectral AI's Enterprise Value is $53.02 Mil.
Spectral AI's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $-6.26 Mil. Therefore, Spectral AI's EV-to-EBIT ratio for today is -8.47.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Spectral AI's Enterprise Value is $53.02 Mil.
Spectral AI's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $-5.59 Mil. Therefore, Spectral AI's EV-to-EBITDA ratio for today is -9.48.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Spectral AI's Enterprise Value is $53.02 Mil.
Spectral AI's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was $16.93 Mil. Therefore, Spectral AI's EV-to-Revenue ratio for today is 3.13.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Spectral AI's Enterprise Value is $53.02 Mil.
Spectral AI's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $-12.14 Mil. Therefore, Spectral AI's EV-to-FCF ratio for today is -4.37.
*** 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.
Spectral AI (NAS:MDAI) 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.
Spectral AI's current Enterprise Value is $53.02 Mil.
Spectral AI'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 $-6.26 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Spectral AI's current Enterprise Value is $53.02 Mil.
Spectral AI'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 $-5.59 Mil.
Spectral AI's current Enterprise Value is $53.02 Mil.
Spectral AI'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 $16.93 Mil.
Spectral AI's current Enterprise Value is $53.02 Mil.
Spectral AI'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 $-12.14 Mil.
Spectral AI's current Enterprise Value is $53.02 Mil.
Spectral AI'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 $-12.14 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.
Spectral AI Enterprise Value Related Terms
Spectral AI Enterprise Value Historical Data
* Premium members only.
The historical data trend for Spectral AI'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.
MDAI vs LUNG, QTI, COCH: Enterprise Value Comparison
For the Medical Devices subindustry, Spectral AI'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.
Spectral AI Enterprise Value vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Spectral AI's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Spectral AI'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.
Spectral AI'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.
Spectral AI (MDAI) has a Enterprise Value of $53.02 Mil as of Jul. 11, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Spectral AI and its competitors.
Is Spectral AI's Enterprise Value too high?
Spectral AI's current Enterprise Value is $53.02 Mil. Overall, Spectral AI has a GF Score™ of 6/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Spectral AI's Enterprise Value compare to LUNG and QTI?
Spectral AI's Enterprise Value of $53.02 Mil can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Enterprise Value depends on the Medical Devices & Instruments 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 Spectral AI and its competitors. Spectral AI's current Enterprise Value is $53.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spectral AI stock overvalued right now?
Based on GuruFocus' analysis, Spectral AI (MDAI) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.91, compared to a current price of $1.72 — trading 89% above its estimated fair value. The current Enterprise Value is $53.02 Mil. Spectral AI's overall GF Score™ is 6/100 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 Spectral AI (MDAI), the current Enterprise Value is $53.02 Mil as of Jul. 11, 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 Spectral AI (MDAI) Overvalued in 2026?
Based on GuruFocus' analysis, Spectral AI stock appears to be overvalued.
The current stock price of $1.72 is trading 89% above its estimated GF Value™ of $0.91.
GuruFocus considers Spectral AI to be Significantly Overvalued.
Key valuation signals for MDAI:
Enterprise Value: $53.02 Mil
GF Value™: $0.91 vs. price of $1.72 (89% above fair value)
No single metric tells the full story. See the MDAI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Spectral AI Inc is an AI company focused on predictive medical diagnostics. Its DeepView System uses proprietary AI algorithms to distinguish between fully damaged, partially damaged and healthy human tissue characters invisible to the naked eye, at the initial time point of wound presentation. The DeepView System delivers a binary prediction on the wound's capacity to heal or not-heal by a specified time point in the future. The company focuses on the burn indication which is supported by the BARDA PBS contract.
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