ANIP vs VTRS vs ELTP Stock Comparison

Ani Pharmaceuticals, Viatris and Elite Pharmaceuticals Prices as of Oct 28, 2026 Peers: Industry group
VTRS Viatris Inc
$18.77 +2.7% 1M +82.4% 1Y
Market cap
$21.56B
P/E
–
Revenue (TTM)
$14.74B
Div. yield
2.56%
Generic Drugs Healthcare
3 wins

Head to Head

11 decided of 12

Elite Pharmaceuticals leads on 7 of the 12 questions below (Elite Pharmaceuticals 7, Viatris 3, Ani Pharmaceuticals 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionANIPVTRSELTPLeader
Larger companyMarket capitalisation $1.71B $21.56B $258.51M VTRS
Cheaper on earningsLower P/E, profitable companies only 14.1x -53.2x 4.6x ELTP
Cheaper on forward earningsLower price / next fiscal year consensus EPS 7.3x 7.2x — VTRS
Faster revenue growthRevenue growth, trailing twelve months +30.9% +4.4% +33.7% ELTP
More profitableNet margin, trailing twelve months 11.0% -2.8% 40.2% ELTP
Better return on capitalReturn on invested capital 12.9% -0.2% 29.2% ELTP
Less leveragedLower net debt / EBITDA -0.2x 4.6x -1.0x ELTP
Higher dividend yieldTrailing dividend yield — 2.56% — –
Better 1-year returnPrice return, last 12 months -23.1% +82.4% -60.7% VTRS
Better 5-year returnAnnualised price return, 5 years +13.9%/yr +7.1%/yr +43.1%/yr ELTP
Less volatileAnnualised volatility, 1 year 32.0% 32.3% 57.4% ANIP
Higher overall scoreMean of the five percentile scores vs peers 84/100 66/100 88/100 ELTP

Percentile Scorecard

ANIPVTRSELTP

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

AxisANIPVTRSELTP
Valuation 97 #23 of 625 93 #43 of 625 98 #12 of 625
Growth 97 #19 of 602 48 #312 of 602 91 #54 of 602
Profitability 90 #55 of 549 81 #103 of 549 91 #50 of 549
Financial Health 45 #360 of 654 22 #508 of 654 76 #156 of 654
Shareholder Returns 92 #32 of 367 86 #54 of 367 85 #55 of 367
Overall 84 66 88
  • ANIP ranked among 672 companies in Pharmaceuticals and Biotechnology
  • VTRS ranked among 672 companies in Pharmaceuticals and Biotechnology
  • ELTP 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

PeriodANIPVTRSELTPSPY
1 month -4.2%+2.7%-4.0% +0.9%
3 months -12.3%+5.3%-35.1% +5.9%
6 months -8.0%+25.4%-31.4% +8.5%
Year to date -9.2%+50.8%-51.0% +13.3%
1 year -23.1%+82.4%-60.7% +12.4%
3 years +21.8%+114.0%+100.0% +88.1%
3 years, per year +6.8%+28.9%+26.0% +23.5%
5 years +91.8%+40.6%+500.0% +68.2%
5 years, per year +13.9%+7.1%+43.1% +11.0%
10 years +18.9%-49.5%+41.2% +263.4%
10 years, per year +1.7%-6.6%+3.5% +13.8%

Risk

MeasureANIPVTRSELTPSPY
Volatility, 1Y 32.0%32.3%57.4% 12.7%
Downside volatility, 1Y 31.7%29.7%72.0% 12.7%
Beta vs S&P 500, 1Y 0.260.700.70 1.00
Return / volatility, 1Y -0.722.55-1.06 0.98
Max drawdown, 5Y -59.4%-52.9%-71.4% -25.4%
From 52-week high -24.1%0.0%-64.7% -0.9%
52-week high $94.48$18.77$0.68 $779.14
52-week low $70.16$10.11$0.22 $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.

MultipleANIPVTRSELTP
P/E now vs peer median 14.1xmedian 17.4x -53.2xmedian 17.4x 4.6xmedian 17.4x
P/S now vs peer median 1.7xmedian 9.1x 1.5xmedian 9.1x 1.8xmedian 9.1x
EV/EBITDA now vs peer median 7.0xmedian 17.1x 12.5xmedian 17.1x 6.1xmedian 17.1x
P/FCF now vs peer median 9.9xmedian 19.0x 11.0xmedian 19.0x 14.8xmedian 19.0x
P/B now vs peer median 2.9xmedian 2.2x 1.5xmedian 2.2x 2.5xmedian 2.2x
PEG now vs peer median 0.10median 0.34 1.74median 0.34 0.04median 0.34

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 monthsANIPVTRSELTP
Revenue $978.38M $14.74B $141.01M
Gross profit $590.98M $5.13B $61.31M
Operating income $150.36M -$87.30M $34.94M
Net income $108.31M -$410.70M $56.67M
Free cash flow $172.99M $1.95B $17.53M
R&D $49.91M $1.02B $6.10M
EPS (diluted) $4.93 $-0.35 $0.05
Cash & equivalents $360.21M $886.50M $39.42M
Total debt $301.48M $13.35B $9.58M
Shares (diluted) 21.92M 1.16B 1.13B
Enterprise value $490.92M $16.57B $140.18M

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
MetricANIPVTRSELTP
P/E 14.1x -53.2x 4.6x
P/FCF 9.9x 11.0x 14.8x
P/Operating cash flow 9.0x 9.2x 13.6x
P/S 1.7x 1.5x 1.8x
P/B 2.9x 1.5x 2.5x
P/Tangible book 11.6x 36.9x 2.6x
EV/EBITDA 7.0x 12.5x 6.1x
EV/EBIT 11.0x -389.7x 6.3x
EV/Revenue 1.7x 2.3x 1.6x
EV/FCF 9.5x 17.4x 12.6x
EV/Operating cash flow 8.7x 14.6x 11.6x
PEG (3Y EPS CAGR) 0.10 1.74 0.04

Growth

14 metrics
MetricANIPVTRSELTP
Revenue growth (1Y) 30.9% 4.4% 33.7%
Revenue CAGR (3Y) 34.6% -1.9% 58.4%
Gross profit growth (1Y) 29.5% -0.7% 4.2%
Gross profit CAGR (3Y) 32.8% -6.0% 53.5%
Operating income growth (1Y) 889.9% 96.6% -6.7%
Operating income CAGR (3Y) 98.9% -27.6% 101.7%
Net income growth (1Y) 1,161% 88.2% 624.0%
Net income CAGR (3Y) 184.4% -30.5% 134.4%
EPS growth (1Y) 945.2% 88.1% 596.0%
EPS CAGR (3Y) 146.4% -30.6% 118.3%
Operating cash flow growth (1Y) 36.2% 12.9% -0.2%
Operating cash flow CAGR (3Y) 66.2% -3.0% 152.2%
Free cash flow growth (1Y) 37.9% 11.6% -2.8%
Free cash flow CAGR (3Y) 77.7% -3.6% 81.0%

Profitability

14 metrics
MetricANIPVTRSELTP
Gross margin 60.4% 34.8% 43.5%
EBITDA margin 24.3% 18.4% 25.9%
Operating margin 15.4% -0.6% 24.8%
Pretax margin 14.6% -4.5% 46.2%
Net margin 11.0% -2.8% 40.2%
FCF margin 17.7% 13.3% 12.4%
Operating cash flow margin 19.4% 15.8% 13.5%
Return on equity 18.7% -2.8% 55.6%
Return on assets 7.4% -1.1% 40.8%
Return on invested capital 12.9% -0.2% 29.2%
Return on capital employed 12.8% -0.3% 32.2%
Asset turnover 0.7x 0.4x 1.0x
Cash conversion (OCF / net income) 1.7x -5.7x 0.3x
Stock comp / revenue 4.2% 1.2% 0.1%

Financial Health

11 metrics
MetricANIPVTRSELTP
Debt / assets 20.2% 38.1% 1.7%
Debt / equity 0.5x 0.9x 0.0x
Net debt / EBITDA -0.2x 4.6x -1.0x
Debt / FCF 1.7x 6.8x 0.1x
Liabilities / assets 60.0% 59.3% 24.9%
Equity / assets 40.0% 40.7% 75.1%
Interest coverage – -0.2x 69.4x
Current ratio 2.9x 1.6x 3.8x
Quick ratio 2.2x 0.7x 3.0x
Cash ratio 1.3x 0.1x 1.3x
Altman Z-score 2.60 1.15 6.31

Shareholder Returns

7 metrics
MetricANIPVTRSELTP
Dividend yield – 2.6% –
Net buyback yield 0.6% 1.4% -0.1%
Shareholder yield 0.6% 4.0% -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.

ConsensusANIPVTRSELTP
Forward P/E 7.3xFY2026 7.2xFY2026 –
EPS, next fiscal year $9.81FY2026 $2.62FY2026 –
EPS growth, next FY +24.3%FY2026 +11.5%FY2026 –
EPS growth, the year after -2.3% -1.5% –
Revenue, next fiscal year $1.15BFY2026 $15.31BFY2026 –
Revenue growth, next FY +29.9%FY2026 +7.0%FY2026 –
Revenue growth, the year after +9.7% -4.8% –

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersANIPVTRSELTP
Held by institutions 96.0% 89.9% 0.0%
Institutions holding 306 1,029 1
Change in shares held, QoQ -1.8% +5.6% –
Institutions buying 172 487 1
Institutions selling 88 318 0
Buyers to sellers 1.95 1.53 –

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.

ANIPVTRSELTP
ANIP 1.00 0.20 -0.08
VTRS 0.20 1.00 -0.06
ELTP -0.08 -0.06 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, ANIP, VTRS and ELTP?

Viatris (VTRS) is the largest by market capitalisation: Ani Pharmaceuticals (ANIP) $1.71B, Viatris (VTRS) $21.56B, Elite Pharmaceuticals (ELTP) $258.51M.

Which stock is cheaper, ANIP, VTRS and ELTP?

Elite Pharmaceuticals (ELTP) trades on the lowest price-to-earnings ratio (Ani Pharmaceuticals (ANIP) 14.1x, Viatris (VTRS) -53.2x, Elite Pharmaceuticals (ELTP) 4.6x). On next year's consensus earnings, Viatris (VTRS) is cheapest (Ani Pharmaceuticals (ANIP) 7.3x, Viatris (VTRS) 7.2x). 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: Ani Pharmaceuticals (ANIP) +30.9%, Viatris (VTRS) +4.4%, Elite Pharmaceuticals (ELTP) +33.7%.

Which company is more profitable?

Elite Pharmaceuticals (ELTP) has the highest net margin (Ani Pharmaceuticals (ANIP) 11.0%, Viatris (VTRS) -2.8%, Elite Pharmaceuticals (ELTP) 40.2%). On return on invested capital, Elite Pharmaceuticals (ELTP) leads (Ani Pharmaceuticals (ANIP) 12.9%, Viatris (VTRS) -0.2%, Elite Pharmaceuticals (ELTP) 29.2%).

Which stock has performed better?

Over the past year Viatris (VTRS) returned the most: Ani Pharmaceuticals (ANIP) -23.1%, Viatris (VTRS) +82.4%, Elite Pharmaceuticals (ELTP) -60.7%. Over five years, Elite Pharmaceuticals (ELTP) compounded fastest (Ani Pharmaceuticals (ANIP) +13.9%/yr, Viatris (VTRS) +7.1%/yr, Elite Pharmaceuticals (ELTP) +43.1%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Viatris (VTRS) 2.56%. Ani Pharmaceuticals (ANIP) and Elite Pharmaceuticals (ELTP) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Ani Pharmaceuticals (ANIP) has been the steadiest (Ani Pharmaceuticals (ANIP) 32.0%, Viatris (VTRS) 32.3%, Elite Pharmaceuticals (ELTP) 57.4%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, ANIP, VTRS and ELTP?

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.