American Well Corporation (AMWL) vs Definitive Healthcare Corp. (DH)

American Well Corporation and Definitive Healthcare Corp. are both Health Information Services companies. American Well Corporation is the larger, with a market value of $208.5M against $163.7M — 1.3× the size. Definitive Healthcare Corp. grew revenue faster over the last twelve months: −6.18% against −20.3%. American Well Corporation has the higher net margin (−27.0% vs −69.2%) and the higher return on invested capital (−91.5% vs −95.4%). Across the 18 metrics below, American Well Corporation leads on 9 and Definitive Healthcare Corp. on 9.

Valuation

Metric AMWL DH Health Information Services median
P/E n/m n/m 42.03
P/S 0.98 0.53 1.80
P/B 0.92 0.64 1.87
Price to free cash flow n/m 4.99 16.74
EV/EBITDA n/m 2.01 13.40
EV/Sales 0.12 0.39 2.63
Earnings yield (28.11%) (132.74%) (2.73%)
Free cash flow yield (13.48%) 20.05% 0.00%

Profitability

Metric AMWL DH Health Information Services median
Gross margin 51.99% 75.37% 59.61%
Operating margin (30.20%) (105.42%) (10.54%)
Net margin (27.03%) (69.18%) (16.14%)
Free cash flow margin (13.22%) 10.64% 0.00%
Return on equity (23.18%) (54.40%) (3.15%)
Return on assets (17.08%) (25.28%) (5.62%)
Return on invested capital (91.47%) (95.39%) 0.00%

Growth

Metric AMWL DH Health Information Services median
Revenue growth (TTM) (20.30%) (6.18%) 6.48%
EPS growth (last fiscal year) 57.06% 63.28% 63.46%
Revenue growth, 5-year CAGR 0.33% 15.34% 10.98%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric AMWL DH Health Information Services median
Debt to equity 0.00 0.84 0.00
Current ratio 3.01 1.96 2.15
Net debt to EBITDA 2.69 (0.36) 0.71

Dividend

Metric AMWL DH Health Information Services median
Dividend yield — — —
Payout ratio — — —

Size

Metric AMWL DH Health Information Services median
Market cap 208.54m 163.67m 309.94m

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