AMRX vs ELTP vs ALVO Stock Comparison

Amneal Pharmaceuticals, Elite Pharmaceuticals and Alvotech Prices as of Oct 27, 2026 Peers: Industry group
ALVO Alvotech
$4.75 -17.4% 1M -41.6% 1Y
Market cap
$1.44B
P/E
–
Revenue (TTM)
$105.94M
Div. yield
–
Generic Drugs Healthcare

Head to Head

10 decided of 12

Elite Pharmaceuticals leads on 7 of the 12 questions below (Elite Pharmaceuticals 7, Amneal Pharmaceuticals 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAMRXELTPALVOLeader
Larger companyMarket capitalisation $6.75B $259.61M $1.44B AMRX
Cheaper on earningsLower P/E, profitable companies only 42.9x 4.6x -5.5x ELTP
Cheaper on forward earningsLower price / next fiscal year consensus EPS 22.1x — — –
Faster revenue growthRevenue growth, trailing twelve months +9.3% +33.7% -74.3% ELTP
More profitableNet margin, trailing twelve months 5.0% 40.2% -248.0% ELTP
Better return on capitalReturn on invested capital 17.4% 29.2% 4.4% ELTP
Less leveragedLower net debt / EBITDA 3.8x -1.0x 13.1x ELTP
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +109.2% -61.3% -41.6% AMRX
Better 5-year returnAnnualised price return, 5 years +31.5%/yr +43.1%/yr -13.7%/yr ELTP
Less volatileAnnualised volatility, 1 year 35.0% 57.4% 81.7% AMRX
Higher overall scoreMean of the five percentile scores vs peers 70/100 88/100 48/100 ELTP

Percentile Scorecard

AMRXELTPALVO

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisAMRXELTPALVO
Valuation 91 #55 of 625 98 #14 of 625 72 #174 of 625
Growth 74 #157 of 602 91 #54 of 602 34 #395 of 602
Profitability 84 #88 of 551 91 #50 of 551 68 #175 of 551
Financial Health 12 #580 of 656 76 #157 of 656 15 #555 of 656
Shareholder Returns 88 #46 of 365 86 #52 of 365 –
Overall 70 88 48
  • AMRX ranked among 672 companies in Pharmaceuticals and Biotechnology
  • ELTP ranked among 672 companies in Pharmaceuticals and Biotechnology
  • ALVO ranked among 672 companies in Pharmaceuticals and Biotechnology

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodAMRXELTPALVOSPY
1 month +8.4%-7.7%-17.4% -0.2%
3 months +14.3%-36.8%+53.2% +3.9%
6 months +68.4%-31.4%+34.9% +8.2%
Year to date +70.2%-51.0%-7.4% +12.9%
1 year +109.2%-61.3%-41.6% +12.3%
3 years +468.7%+100.0%-47.1% +87.4%
3 years, per year +78.6%+26.0%-19.1% +23.3%
5 years +293.4%+500.0%-52.1% +67.9%
5 years, per year +31.5%+43.1%-13.7% +10.9%
10 years —+41.2%— +261.1%
10 years, per year —+3.5%— +13.7%

Risk

MeasureAMRXELTPALVOSPY
Volatility, 1Y 35.0%57.4%81.7% 12.7%
Downside volatility, 1Y 31.0%71.6%86.1% 12.7%
Beta vs S&P 500, 1Y 0.700.690.74 1.00
Return / volatility, 1Y 3.12-1.07-0.51 0.97
Max drawdown, 5Y -78.2%-71.4%-82.6% -25.4%
From 52-week high 0.0%-64.7%-41.6% -1.2%
52-week high $21.44$0.68$8.13 $779.14
52-week low $10.00$0.22$3.00 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleAMRXELTPALVO
P/E now vs peer median 43.5xmedian 17.2x 4.6xmedian 17.2x -5.2xmedian 17.2x
P/S now vs peer median 2.2xmedian 9.0x 1.8xmedian 9.0x 14.0xmedian 9.0x
EV/EBITDA now vs peer median 14.1xmedian 16.3x 6.1xmedian 16.3x 29.8xmedian 16.3x
P/FCF now vs peer median 82.4xmedian 18.7x 14.8xmedian 18.7x -5.7xmedian 18.7x
P/B now vs peer median 207.3xmedian 2.2x 2.5xmedian 2.2x -7.7xmedian 2.2x
PEG now vs peer median 0.18median 0.33 0.04median 0.33 -0.21median 0.33

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsAMRXELTPALVO
Revenue $3.12B $141.01M $105.94M
Gross profit $1.23B $61.31M $7.66M
Operating income $453.92M $34.94M $47.54M
Net income $215.32M $56.67M -$179.60M
Free cash flow $83.11M $17.53M -$261.39M
R&D $175.57M $6.10M $46.37M
EPS (diluted) $0.48 $0.05 $-0.90
Cash & equivalents $127.64M $39.42M $142.80M
Total debt $2.67B $9.58M $1.31B
Shares (diluted) 328.10M 1.13B 291.34M
Enterprise value $5.94B $141.29M $1.00B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricAMRXELTPALVO
P/E 43.5x 4.6x -5.2x
P/FCF 82.4x 14.8x -5.7x
P/Operating cash flow 34.1x 13.6x -7.5x
P/S 2.2x 1.8x 14.0x
P/B 207.3x 2.5x -7.7x
P/Tangible book -12.3x 2.6x -4.4x
EV/EBITDA 14.1x 6.1x 29.8x
EV/EBIT 20.7x 6.3x 55.6x
EV/Revenue 3.0x 1.6x 25.0x
EV/FCF 113.0x 12.6x -10.1x
EV/Operating cash flow 46.8x 11.6x -13.3x
PEG (3Y EPS CAGR) 0.18 0.04 -0.21

Growth

14 metrics
MetricAMRXELTPALVO
Revenue growth (1Y) 9.3% 33.7% -74.3%
Revenue CAGR (3Y) 10.5% 58.4% 104.2%
Gross profit growth (1Y) 14.1% 4.2% -95.0%
Gross profit CAGR (3Y) 14.9% 53.5% 27.6%
Operating income growth (1Y) 20.6% -6.7% -13.3%
Operating income CAGR (3Y) 32.5% 101.7% 28.9%
Net income growth (1Y) 426.4% 624.0% -383.6%
Net income CAGR (3Y) 139.1% 134.4% 24.4%
EPS growth (1Y) 4,481% 596.0% -481.6%
EPS CAGR (3Y) 237.0% 118.3% 24.6%
Operating cash flow growth (1Y) -42.8% -0.2% -367.1%
Operating cash flow CAGR (3Y) 0.4% 152.2% 12.8%
Free cash flow growth (1Y) -69.3% -2.8% -113.0%
Free cash flow CAGR (3Y) -17.3% 81.0% 8.6%

Profitability

14 metrics
MetricAMRXELTPALVO
Gross margin 39.3% 43.5% 7.2%
EBITDA margin 21.3% 25.9% 83.9%
Operating margin 14.6% 24.8% 44.9%
Pretax margin 6.5% 46.2% -62.1%
Net margin 5.0% 40.2% -248.0%
FCF margin 2.7% 12.4% -246.7%
Operating cash flow margin 6.4% 13.5% -187.6%
Return on equity – 55.6% –
Return on assets 5.9% 40.8% -17.5%
Return on invested capital 17.4% 29.2% 4.4%
Return on capital employed 16.4% 32.2% 4.1%
Asset turnover 0.9x 1.0x 0.1x
Cash conversion (OCF / net income) 0.9x 0.3x 1.1x
Stock comp / revenue 1.1% 0.1% 8.7%

Financial Health

11 metrics
MetricAMRXELTPALVO
Debt / assets 70.7% 1.7% 82.3%
Debt / equity 80.9x 0.0x -6.8x
Net debt / EBITDA 3.8x -1.0x 13.1x
Debt / FCF 32.1x 0.1x -5.0x
Liabilities / assets 99.1% 24.9% 112.1%
Equity / assets 0.9% 75.1% -12.1%
Interest coverage – 69.4x 0.8x
Current ratio 2.2x 3.8x 1.6x
Quick ratio 1.3x 3.0x 1.1x
Cash ratio 0.1x 1.3x 0.4x
Altman Z-score 2.50 6.31 -1.36

Shareholder Returns

7 metrics
MetricAMRXELTPALVO
Dividend yield – – –
Net buyback yield 0.0% -0.1% –
Shareholder yield 0.0% -0.1% –
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusAMRXELTPALVO
Forward P/E 22.1xFY2026 – –
EPS, next fiscal year $0.97FY2026 – $-0.01FY2026
EPS growth, next FY +16.9%FY2026 – –
EPS growth, the year after +26.8% – –
Revenue, next fiscal year $3.24BFY2026 – $556.32MFY2026
Revenue growth, next FY +7.4%FY2026 – -6.2%FY2026
Revenue growth, the year after +12.4% – +23.2%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAMRXELTPALVO
Held by institutions 51.0% 0.0% 14.7%
Institutions holding 310 1 72
Change in shares held, QoQ +1.3% – +152.4%
Institutions buying 182 1 44
Institutions selling 86 0 17
Buyers to sellers 2.12 – 2.59

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

AMRXELTPALVO
AMRX 1.00 -0.12 0.09
ELTP -0.12 1.00 0.00
ALVO 0.09 0.00 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, AMRX, ELTP and ALVO?

Amneal Pharmaceuticals (AMRX) is the largest by market capitalisation: Amneal Pharmaceuticals (AMRX) $6.75B, Elite Pharmaceuticals (ELTP) $259.61M, Alvotech (ALVO) $1.44B.

Which stock is cheaper, AMRX, ELTP and ALVO?

Elite Pharmaceuticals (ELTP) trades on the lowest price-to-earnings ratio (Amneal Pharmaceuticals (AMRX) 42.9x, Elite Pharmaceuticals (ELTP) 4.6x, Alvotech (ALVO) -5.5x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Elite Pharmaceuticals (ELTP) grew revenue fastest over the trailing twelve months: Amneal Pharmaceuticals (AMRX) +9.3%, Elite Pharmaceuticals (ELTP) +33.7%, Alvotech (ALVO) -74.3%.

Which company is more profitable?

Elite Pharmaceuticals (ELTP) has the highest net margin (Amneal Pharmaceuticals (AMRX) 5.0%, Elite Pharmaceuticals (ELTP) 40.2%, Alvotech (ALVO) -248.0%). On return on invested capital, Elite Pharmaceuticals (ELTP) leads (Amneal Pharmaceuticals (AMRX) 17.4%, Elite Pharmaceuticals (ELTP) 29.2%, Alvotech (ALVO) 4.4%).

Which stock has performed better?

Over the past year Amneal Pharmaceuticals (AMRX) returned the most: Amneal Pharmaceuticals (AMRX) +109.2%, Elite Pharmaceuticals (ELTP) -61.3%, Alvotech (ALVO) -41.6%. Over five years, Elite Pharmaceuticals (ELTP) compounded fastest (Amneal Pharmaceuticals (AMRX) +31.5%/yr, Elite Pharmaceuticals (ELTP) +43.1%/yr, Alvotech (ALVO) -13.7%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Amneal Pharmaceuticals (AMRX) has been the steadiest (Amneal Pharmaceuticals (AMRX) 35.0%, Elite Pharmaceuticals (ELTP) 57.4%, Alvotech (ALVO) 81.7%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, AMRX, ELTP and ALVO?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Elite Pharmaceuticals (ELTP) leads on 7. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.