AMWL (American Well) ROC (Joel Greenblatt) %: -20,386.13% (As of Jun. 2026)

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AMWL American Well Corp AMWL
50 GF Score
Price $11.92
GF Value $6.41
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is American Well ROC (Joel Greenblatt) %?

American Well AMWL +0.17% 50 ROC (Joel Greenblatt) % is -20,386.13% as of Jun. 2026. GuruFocus rates AMWL with a GF Score™ of 50/100 and a GF Value™ of $6.41 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 672 Healthcare Providers & Services companies, American Well ranks worse than 93.9% on this metric.

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. American Well's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was -20,386.13%.

The historical rank and industry rank for American Well's ROC (Joel Greenblatt) % or its related term are showing as below:

AMWL' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -2641.68   Med: -1792.62   Max: -1071.01
Current: -2641.68

During the past 8 years, American Well's highest ROC (Joel Greenblatt) % was -1071.01%. The lowest was -2641.68%. And the median was -1792.62%.

AMWL's ROC (Joel Greenblatt) % is ranked worse than
93.9% of 672 companies
in the Healthcare Providers & Services industry
Industry Median: 12.425 vs AMWL: -2641.68

American Well's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -6.00% per year.


American Well  (NYSE:AMWL) ROC (Joel Greenblatt) % Explanation

The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


American Well ROC (Joel Greenblatt) % Related Terms


American Well ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for American Well's ROC (Joel Greenblatt) % 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.

American Well ROC (Joel Greenblatt) % Chart

American Well Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial -1,231.16 -1,662.87 -2,001.60 -2,338.57 -1,794.34

American Well Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
ROC (Joel Greenblatt) % 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 -1,293.70 -2,154.98 -2,195.72 -3,193.40 -20,386.13

AMWL vs LFMD, SY, HCAT: ROC (Joel Greenblatt) % Comparison

For the Health Information Services subindustry, American Well's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % 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 ROC (Joel Greenblatt) % vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, American Well's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where American Well's ROC (Joel Greenblatt) % falls into.


AMWL
50GF Score
American Well Corp AMWL
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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American Well ROC (Joel Greenblatt) % Calculation

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

EBIT stands for Earnings Before Interest and Taxes.

Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.

GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(57.092 + 1.148 + 21.603) - (30.593 + 29.66 + 19.558)
=0.032000000000021

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(52.608 + 0.964 + 15.173) - (39.911 + 26.248 + 22.123)
=-19.537

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of American Well for the quarter that ended in Jun. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-38.224/( ( (0.178 + max(0.032000000000021, 0)) + (0.165 + max(-19.537, 0)) )/ 2 )
=-38.224/( ( 0.21000000000002 + 0.165 )/ 2 )
=-38.224/0.18750000000001
=-20,386.13 %

Note: The EBIT data used here is four times the quarterly (Jun. 2026) EBIT data.

* 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.

What does a ROC (Joel Greenblatt) % of -20,386.13% mean?
American Well (AMWL) has a ROC (Joel Greenblatt) % of -20,386.13% as of Jun. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on American Well and its competitors. According to the industry distribution chart, American Well ranks #631 out of 672 companies in the Healthcare Providers & Services industry, placing it in the top 93.9%.
Is American Well's ROC (Joel Greenblatt) % too high?
American Well's current ROC (Joel Greenblatt) % is -20,386.13%. Based on the distribution chart, American Well ranks #631 out of 672 companies in the Healthcare Providers & Services industry, which is in the bottom quartile relative to peers. Overall, American Well has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does American Well's ROC (Joel Greenblatt) % compare to LFMD and SY?
According to the Healthcare Providers & Services industry distribution chart, American Well ranks #631 out of 672 companies for ROC (Joel Greenblatt) %. This places American Well in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 12.43. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC (Joel Greenblatt) % for a Healthcare Providers & Services company?
The median ROC (Joel Greenblatt) % among Healthcare Providers & Services companies is 12.43, based on 672 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % 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 ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on American Well and its competitors. For the Healthcare Providers & Services industry, the median ROC (Joel Greenblatt) % is 12.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. American Well's current ROC (Joel Greenblatt) % is -20,386.13%. 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 $11.92 — trading 86% above its estimated fair value. The current ROC (Joel Greenblatt) % is -20,386.13%. American Well's overall GF Score™ is 50/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For American Well (AMWL), the current ROC (Joel Greenblatt) % is -20,386.13% as of Jun. 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 $11.92 is trading 86% above its estimated GF Value™ of $6.41. GuruFocus considers American Well to be Significantly Overvalued.

Key valuation signals for AMWL:

  • ROC (Joel Greenblatt) %: -20,386.13%
  • GF Value™: $6.41 vs. price of $11.92 (86% above fair value)
  • GF Score™: 50/100 with 3 warning signs

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 Business Description

Address 75 State Street, 26th Floor, Boston, MA, USA, 02109
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.
50GF Score

Get the complete analysis for AMWL

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$11.92
Price
$6.41
GF Value