ELTP vs AMPH vs ANIP Stock Comparison

Elite Pharmaceuticals, Amphastar Pharmaceuticals and Ani Pharmaceuticals Prices as of Oct 26, 2026 Peers: Industry group
ANIP Ani Pharmaceuticals Inc
$72.60 -1.9% 1M -23.0% 1Y
Market cap
$1.50B
P/E
13.9x
Revenue (TTM)
$978.38M
Div. yield
–
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, Ani Pharmaceuticals 3, Amphastar Pharmaceuticals 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionELTPAMPHANIPLeader
Larger companyMarket capitalisation $259.61M $1.12B $1.50B ANIP
Cheaper on earningsLower P/E, profitable companies only 4.6x 14.2x 13.9x ELTP
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 8.2x 7.4x ANIP
Faster revenue growthRevenue growth, trailing twelve months +33.7% +1.0% +30.9% ELTP
More profitableNet margin, trailing twelve months 40.2% 10.8% 11.0% ELTP
Better return on capitalReturn on invested capital 29.2% 6.4% 12.9% ELTP
Less leveragedLower net debt / EBITDA -1.0x 1.8x -0.2x ELTP
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -61.9% +3.9% -23.0% AMPH
Better 5-year returnAnnualised price return, 5 years +43.1%/yr +6.8%/yr +14.4%/yr ELTP
Less volatileAnnualised volatility, 1 year 57.5% 54.3% 32.0% ANIP
Higher overall scoreMean of the five percentile scores vs peers 88/100 73/100 84/100 ELTP

Percentile Scorecard

ELTPAMPHANIP

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

AxisELTPAMPHANIP
Valuation 98 #16 of 626 99 #8 of 626 96 #24 of 626
Growth 91 #53 of 604 43 #347 of 604 97 #18 of 604
Profitability 91 #51 of 555 87 #72 of 555 90 #56 of 555
Financial Health 76 #157 of 658 37 #412 of 658 46 #359 of 658
Shareholder Returns 86 #53 of 368 99 #4 of 368 92 #31 of 368
Overall 88 73 84
  • ELTP ranked among 673 companies in Pharmaceuticals and Biotechnology
  • AMPH ranked among 673 companies in Pharmaceuticals and Biotechnology
  • ANIP ranked among 673 companies in Pharmaceuticals and Biotechnology

Price Performance

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

Returns

PeriodELTPAMPHANIPSPY
1 month -7.7%-2.5%-1.9% -0.8%
3 months -36.8%+32.8%-7.4% +3.5%
6 months -31.4%+17.6%-8.8% +7.0%
Year to date -51.0%-4.9%-8.0% +12.2%
1 year -61.9%+3.9%-23.0% +13.0%
3 years +100.0%-42.9%+23.3% +86.3%
3 years, per year +26.0%-17.1%+7.2% +23.1%
5 years +500.0%+38.7%+95.9% +68.6%
5 years, per year +43.1%+6.8%+14.4% +11.0%
10 years +50.0%+40.1%+9.3% +258.0%
10 years, per year +4.1%+3.4%+0.9% +13.6%

Risk

MeasureELTPAMPHANIPSPY
Volatility, 1Y 57.5%54.3%32.0% 12.7%
Downside volatility, 1Y 71.6%66.4%31.7% 12.7%
Beta vs S&P 500, 1Y 0.690.580.26 1.00
Return / volatility, 1Y -1.080.07-0.72 1.02
Max drawdown, 5Y -71.4%-74.0%-59.4% -25.4%
From 52-week high -64.7%-13.4%-23.2% -1.8%
52-week high $0.68$29.40$94.48 $779.14
52-week low $0.22$16.87$70.16 $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.

MultipleELTPAMPHANIP
P/E now vs peer median 4.6xmedian 17.1x 14.2xmedian 17.1x 14.2xmedian 17.1x
P/S now vs peer median 1.8xmedian 8.8x 1.5xmedian 8.8x 1.8xmedian 8.8x
EV/EBITDA now vs peer median 6.1xmedian 17.1x 8.0xmedian 17.1x 7.0xmedian 17.1x
P/FCF now vs peer median 14.8xmedian 18.0x 7.1xmedian 18.0x 10.0xmedian 18.0x
P/B now vs peer median 2.5xmedian 2.1x 1.4xmedian 2.1x 2.9xmedian 2.1x
PEG now vs peer median 0.04median 0.31 -5.53median 0.31 0.10median 0.31

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 monthsELTPAMPHANIP
Revenue $141.01M $730.02M $978.38M
Gross profit $61.31M $348.11M $590.98M
Operating income $34.94M $114.29M $150.36M
Net income $56.67M $78.55M $108.31M
Free cash flow $17.53M $152.89M $172.99M
R&D $6.10M $94.57M $49.91M
EPS (diluted) $0.05 $1.78 $4.93
Cash & equivalents $39.42M $223.61M $360.21M
Total debt $9.58M $612.05M $301.48M
Shares (diluted) 1.13B 44.23M 21.92M
Enterprise value $141.29M -$24.25M $285.39M

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
MetricELTPAMPHANIP
P/E 4.6x 14.2x 14.2x
P/FCF 14.8x 7.1x 10.0x
P/Operating cash flow 13.6x 5.9x 9.1x
P/S 1.8x 1.5x 1.8x
P/B 2.5x 1.4x 2.9x
P/Tangible book 2.6x 1.5x 11.8x
EV/EBITDA 6.1x 8.0x 7.0x
EV/EBIT 6.3x 12.3x 11.1x
EV/Revenue 1.6x 1.9x 1.7x
EV/FCF 12.6x 9.2x 9.7x
EV/Operating cash flow 11.6x 7.6x 8.8x
PEG (3Y EPS CAGR) 0.04 -5.53 0.10

Growth

14 metrics
MetricELTPAMPHANIP
Revenue growth (1Y) 33.7% 1.0% 30.9%
Revenue CAGR (3Y) 58.4% 10.5% 34.6%
Gross profit growth (1Y) 4.2% -3.4% 29.5%
Gross profit CAGR (3Y) 53.5% 8.0% 32.8%
Operating income growth (1Y) -6.7% -37.1% 889.9%
Operating income CAGR (3Y) 101.7% -4.5% 98.9%
Net income growth (1Y) 624.0% -41.7% 1,161%
Net income CAGR (3Y) 134.4% -8.3% 184.4%
EPS growth (1Y) 596.0% -36.5% 945.2%
EPS CAGR (3Y) 118.3% -2.6% 146.4%
Operating cash flow growth (1Y) -0.2% 15.6% 36.2%
Operating cash flow CAGR (3Y) 152.2% 12.1% 66.2%
Free cash flow growth (1Y) -2.8% 36.3% 37.9%
Free cash flow CAGR (3Y) 81.0% 15.0% 77.7%

Profitability

14 metrics
MetricELTPAMPHANIP
Gross margin 43.5% 47.7% 60.4%
EBITDA margin 25.9% 23.9% 24.3%
Operating margin 24.8% 15.7% 15.4%
Pretax margin 46.2% 14.0% 14.6%
Net margin 40.2% 10.8% 11.0%
FCF margin 12.4% 20.9% 17.7%
Operating cash flow margin 13.5% 25.3% 19.4%
Return on equity 55.6% 10.2% 18.7%
Return on assets 40.8% 4.6% 7.4%
Return on invested capital 29.2% 6.4% 12.9%
Return on capital employed 32.2% 8.0% 12.8%
Asset turnover 1.0x 0.4x 0.7x
Cash conversion (OCF / net income) 0.3x 2.4x 1.7x
Stock comp / revenue 0.1% 4.0% 4.2%

Financial Health

11 metrics
MetricELTPAMPHANIP
Debt / assets 1.7% 35.1% 20.2%
Debt / equity 0.0x 0.8x 0.5x
Net debt / EBITDA -1.0x 1.8x -0.2x
Debt / FCF 0.1x 4.0x 1.7x
Liabilities / assets 24.9% 55.9% 60.0%
Equity / assets 75.1% 44.1% 40.0%
Interest coverage 69.4x 4.4x –
Current ratio 3.8x 2.4x 2.9x
Quick ratio 3.0x 1.7x 2.2x
Cash ratio 1.3x 1.1x 1.3x
Altman Z-score 6.31 2.12 2.61

Shareholder Returns

7 metrics
MetricELTPAMPHANIP
Dividend yield – – –
Net buyback yield -0.1% 9.0% 0.6%
Shareholder yield -0.1% 9.0% 0.6%
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.

ConsensusELTPAMPHANIP
Forward P/E – 8.2xFY2026 7.4xFY2026
EPS, next fiscal year – $3.09FY2026 $9.81FY2026
EPS growth, next FY – -4.9%FY2026 +24.3%FY2026
EPS growth, the year after – +9.4% -2.3%
Revenue, next fiscal year – $790.23MFY2026 $1.15BFY2026
Revenue growth, next FY – +9.8%FY2026 +29.9%FY2026
Revenue growth, the year after – -5.4% +9.7%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersELTPAMPHANIP
Held by institutions 0.0% 64.8% 96.0%
Institutions holding 1 209 306
Change in shares held, QoQ – -11.7% -1.8%
Institutions buying 1 96 172
Institutions selling 0 74 88
Buyers to sellers – 1.30 1.95

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.

ELTPAMPHANIP
ELTP 1.00 -0.04 -0.08
AMPH -0.04 1.00 0.33
ANIP -0.08 0.33 1.00

Add a Peer

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Frequently Asked Questions

Which is bigger, ELTP, AMPH and ANIP?

Ani Pharmaceuticals (ANIP) is the largest by market capitalisation: Elite Pharmaceuticals (ELTP) $259.61M, Amphastar Pharmaceuticals (AMPH) $1.12B, Ani Pharmaceuticals (ANIP) $1.50B.

Which stock is cheaper, ELTP, AMPH and ANIP?

Elite Pharmaceuticals (ELTP) trades on the lowest price-to-earnings ratio (Elite Pharmaceuticals (ELTP) 4.6x, Amphastar Pharmaceuticals (AMPH) 14.2x, Ani Pharmaceuticals (ANIP) 13.9x). On next year's consensus earnings, Ani Pharmaceuticals (ANIP) is cheapest (Amphastar Pharmaceuticals (AMPH) 8.2x, Ani Pharmaceuticals (ANIP) 7.4x). 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: Elite Pharmaceuticals (ELTP) +33.7%, Amphastar Pharmaceuticals (AMPH) +1.0%, Ani Pharmaceuticals (ANIP) +30.9%.

Which company is more profitable?

Elite Pharmaceuticals (ELTP) has the highest net margin (Elite Pharmaceuticals (ELTP) 40.2%, Amphastar Pharmaceuticals (AMPH) 10.8%, Ani Pharmaceuticals (ANIP) 11.0%). On return on invested capital, Elite Pharmaceuticals (ELTP) leads (Elite Pharmaceuticals (ELTP) 29.2%, Amphastar Pharmaceuticals (AMPH) 6.4%, Ani Pharmaceuticals (ANIP) 12.9%).

Which stock has performed better?

Over the past year Amphastar Pharmaceuticals (AMPH) returned the most: Elite Pharmaceuticals (ELTP) -61.9%, Amphastar Pharmaceuticals (AMPH) +3.9%, Ani Pharmaceuticals (ANIP) -23.0%. Over five years, Elite Pharmaceuticals (ELTP) compounded fastest (Elite Pharmaceuticals (ELTP) +43.1%/yr, Amphastar Pharmaceuticals (AMPH) +6.8%/yr, Ani Pharmaceuticals (ANIP) +14.4%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Ani Pharmaceuticals (ANIP) has been the steadiest (Elite Pharmaceuticals (ELTP) 57.5%, Amphastar Pharmaceuticals (AMPH) 54.3%, Ani Pharmaceuticals (ANIP) 32.0%). Volatility measures how widely the price swings, not the risk of the business.

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

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.