MDAI (Spectral AI) EV-to-FCF: -4.37 (As of Jul. 11, 2026)


MDAI Spectral AI Inc MDAI
6 GF Score
Price $1.72
GF Value $0.91
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Spectral AI EV-to-FCF?

Spectral AI MDAI -0.58% 6 EV-to-FCF is -4.37 as of Jul. 11, 2026. GuruFocus rates MDAI with a GF Score™ of 6/100 and a GF Value™ of $0.91 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 414 Medical Devices & Instruments companies, Spectral AI ranks worse than 241545.65% on this metric.

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 for today is -4.37.

The historical rank and industry rank for Spectral AI's EV-to-FCF or its related term are showing as below:

MDAI' s EV-to-FCF Range Over the Past 10 Years
Min: -11.92   Med: -3.6   Max: -1.39
Current: -4.37

During the past 5 years, the highest EV-to-FCF of Spectral AI was -1.39. The lowest was -11.92. And the median was -3.60.

MDAI's EV-to-FCF is ranked worse than
100% of 414 companies
in the Medical Devices & Instruments industry
Industry Median: 23.19 vs MDAI: -4.37

EV-to-FCF 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.

As of today (2026-07-11), Spectral AI's stock price is $1.72. Spectral AI's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $-0.530. Therefore, Spectral AI's PE Ratio (TTM) for today is At Loss.


Spectral AI  (NAS:MDAI) EV-to-FCF Explanation

EV-to-FCF 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.

Spectral AI's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=1.72/-0.530
=At Loss

Spectral AI's share price for today is $1.72.
Spectral AI's Earnings per Share (Diluted) 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 $-0.530.

* 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. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Spectral AI EV-to-FCF Related Terms


Spectral AI EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Spectral AI's EV-to-FCF 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.

Spectral AI EV-to-FCF Chart

Spectral AI Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-FCF
0.00 0.00 -2.76 -6.90 -3.86

Spectral AI Quarterly Data
Dec21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-FCF 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 -3.13 -10.45 -8.89 -3.86 -3.71

MDAI vs LUNG, QTI, COCH: EV-to-FCF Comparison

For the Medical Devices subindustry, Spectral AI's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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 EV-to-FCF vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Spectral AI's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Spectral AI's EV-to-FCF falls into.


MDAI
6GF Score
Spectral AI Inc MDAI
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
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Spectral AI EV-to-FCF Calculation

Spectral AI's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=53.020/-12.143
=-4.37

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.

Frequently Asked Questions Learn more about EV-to-FCF →
What does a EV-to-FCF of -4.37 mean?
Spectral AI (MDAI) has a EV-to-FCF of -4.37 as of Jul. 11, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Spectral AI and its competitors. According to the industry distribution chart, Spectral AI ranks #999999 out of 414 companies in the Medical Devices & Instruments industry.
Is Spectral AI's EV-to-FCF too high?
Spectral AI's current EV-to-FCF is -4.37. Based on the distribution chart, Spectral AI ranks #999999 out of 414 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. 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 EV-to-FCF compare to LUNG and QTI?
According to the Medical Devices & Instruments industry distribution chart, Spectral AI ranks #999999 out of 414 companies for EV-to-FCF. This places Spectral AI in the lower half of its industry. The industry median EV-to-FCF is 23.19. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for a Medical Devices & Instruments company?
The median EV-to-FCF among Medical Devices & Instruments companies is 23.19, based on 414 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Spectral AI and its competitors. For the Medical Devices & Instruments industry, the median EV-to-FCF is 23.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spectral AI's current EV-to-FCF is -4.37. 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 EV-to-FCF is -4.37. 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 EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Spectral AI (MDAI), the current EV-to-FCF is -4.37 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:

  • EV-to-FCF: -4.37
  • GF Value™: $0.91 vs. price of $1.72 (89% above fair value)
  • GF Score™: 6/100 with 4 warning signs

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 Business Description

Address 2515 McKinney Avenue, Suite 1000, Dallas, TX, USA, 75201
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.
6GF Score

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

$1.72
Price
$0.91
GF Value