American Well Corp

Consumer Discretionary
Business Services
business.amwell.com

Moat Score

Market Cap $145.01M
PE -1
Debt $NaN
Cash $245.44M
EV $NaN
FCF -$155.69M

Earnings

loading chart...

Sales & Net Margins

loading chart...

Earnings	-$218.11M
EBIT	-$194.72M
ROE	-62%
ROA	-40%
FCF	-$155.69M
Equity	$350.05M
Growth Stability	1
PE	-0.66
PB	0.41
P/FCF	-0.93
P/S	0.57
Price/Cash	1.69
Net Margins	-92%
Gross Margins	35%
Op. Margins	-77%
Sales Growth YoY	-1%
Sales Growth QoQ	-3%
Sales CAGR	6%
Equity CAGR	-27%
Earnings Growth YoY	-68%

Earnings Growth QoQ	-13%
Sales CAGR 5Y	6%
Equity CAGR 5Y	-30%
Earnings CAGR 3Y	-1%
Sales CAGR 3Y	-1%
Equity CAGR 3Y	-41%
Market Cap	$145.01M
Revenue	$254.04M
Assets	$482.99M
Cash	$245.44M
Shares Outstanding	14.86M
Moat Score	1%
Working Capital	234.7M
Current Ratio	2.92
Gross Profit	$88.40M
Shares Growth 3y	5%
Equity Growth QoQ	-7%
Equity Growth YoY	-33%

Assets & ROA

loading chart...

Stockholders Equity & ROE

loading chart...

American Well Corp is a telehealth company enabling digital delivery of care for its customers. Its platform, Amwell, digital care delivery solution that equips health systems, health plans, government, and innovator clients with the tools to enable new models of care for their patients and members enabling care delivery across the full healthcare continuum - from primary and urgent care in the home to high acuity specialty consults, such as telestroke and telepsychiatry, in the hospital. It provides both on-demand and scheduled consultations. Its Health Plan Programs include Virtual Primary Care, Musculoskeletal Care, Dermatology Care, and Chronic Care among others and its Health System Modules include Acute Behavioral Health, ED Triage, Pediatrics and Telestroke among others.

SEC Filings

Direct access to American Well Corp (AMWL) Annual Reports (10K) and Quarterly Reports (10Q) from the SEC website.

2024
- 10-Q Sep 30
- 10-Q Jun 30
- 10-Q Mar 31
2023
- 10-K Dec 31
- 10-Q Sep 30
- 10-Q Jun 30
- 10-Q Mar 31
2022
- 10-K Dec 31
- 10-Q Sep 30
- 10-Q Jun 30
- 10-Q Mar 31

Sector Comparison

How does American Well Corp compare to its competitors?

Loading chart...

Peter Lynch's Chart

This chart shows the current pricing of American Well Corp compared to its past. The addition of the earnings trend line provides further insights into the company's earnings power.

loading chart...

American Well Corp Discounted Cash Flow

Fully customizable DCF calculator online for American Well Corp.

Years

Calculation mode

= -$1.6B

	0	1	2	3	4	5	6	7	8	9	10	TV
fcf	-$156M	-$156M	-$156M	-$156M	-$156M	-$156M	-$156M	-$156M	-$156M	-$156M	-$156M	-$1.6B
DCF		-$142M	-$129M	-$117M	-$106M	-$97M	-$88M	-$80M	-$73M	-$66M	-$60M	-$600M
Value	-$1.6B

Competitiveness and MOAT

High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.

Years	12/2018	12/2019	12/2020	12/2021	12/2022	12/2023	TTM
Net Margins	-46%	-59%	-93%	-70%	-98%	-262%	-92%
ROA	-	-17%	-16%	-12%	-22%	-111%	-40%
ROE	-	31%	-18%	-14%	-25%	-141%	-62%

Bad Net Margins (-91.66%)

Net Margins are too low to guarantee profitability in case of higher costs or higher interest rates. Furthermore lower margins cause higher earnings’ volatility.

Safety and Stability

Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.

Years	12/2018	12/2019	12/2020	12/2021	12/2022	12/2023	TTM
Debt over FCF	-	-	-	-	-	-	-
Debt over Equity	-	-	-	-	-	-	-
Growth Stability	-	-	-	-	-	-	1

Neutral Debt/FCF ratio (-)

Net Margins are at a level that is not too high nor too low. They are not a competitive advantage but they are not a competitive disadvantage either.

Neutral Debt/Equity ratio (-)

The company has a balance between equity and debt that is not too good nor too bad.

Good Graham’s Stability (1)

The company has a good stability in its earnings, which is a sign of a good competitive advantage.

Growth

Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.

Years	12/2018	12/2019	12/2020	12/2021	12/2022	12/2023	CAGR 5Y
Revenue YoY growth	-	31%	65%	3%	10%	-7%	6%
Earnings YoY growth	-	68%	159%	-23%	54%	150%	-
Equity YoY growth	-	37%	-544%	1%	-14%	-56%	-30%
FCF YoY growth	-	10%	39%	23%	36%	-23%	-