ELTP vs GRML vs ALVO Stock Comparison

Elite Pharmaceuticals, Greenland Mines and Alvotech Prices as of Oct 27, 2026 Peers: Industry group
GRML Greenland Mines Ltd
$5.70 -61.1% 1M +946.3% 1Y
Market cap
$13.77M
P/E
–
Revenue (TTM)
—
Div. yield
–
Generic Drugs Healthcare
1 win
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
1 win

Head to Head

9 decided of 12

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

QuestionELTPGRMLALVOLeader
Larger companyMarket capitalisation $259.61M $13.77M $1.44B ALVO
Cheaper on earningsLower P/E, profitable companies only 4.6x -0.6x -5.5x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — — — –
Faster revenue growthRevenue growth, trailing twelve months +33.7% — -74.3% ELTP
More profitableNet margin, trailing twelve months 40.2% — -248.0% ELTP
Better return on capitalReturn on invested capital 29.2% — 4.4% ELTP
Less leveragedLower net debt / EBITDA -1.0x — 13.1x ELTP
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -61.3% +946.3% -41.6% GRML
Better 5-year returnAnnualised price return, 5 years +43.1%/yr — -13.7%/yr ELTP
Less volatileAnnualised volatility, 1 year 57.4% 444.8% 81.7% ELTP
Higher overall scoreMean of the five percentile scores vs peers 88/100 34/100 48/100 ELTP

Percentile Scorecard

ELTPGRMLALVO

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

AxisELTPGRMLALVO
Valuation 98 #14 of 625 13 #543 of 625 72 #174 of 625
Growth 91 #54 of 602 2 #588 of 602 34 #395 of 602
Profitability 91 #50 of 551 68 #177 of 551 68 #175 of 551
Financial Health 76 #157 of 656 78 #146 of 656 15 #555 of 656
Shareholder Returns 86 #52 of 365 6 #342 of 365 –
Overall 88 34 48
  • ELTP ranked among 672 companies in Pharmaceuticals and Biotechnology
  • GRML 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

PeriodELTPGRMLALVOSPY
1 month -7.7%-61.1%-17.4% -0.2%
3 months -36.8%+2,750.0%+53.2% +3.9%
6 months -31.4%+1,163.9%+34.9% +8.2%
Year to date -51.0%+1,872.3%-7.4% +12.9%
1 year -61.3%+946.3%-41.6% +12.3%
3 years +100.0%-46.7%-47.1% +87.4%
3 years, per year +26.0%-18.9%-19.1% +23.3%
5 years +500.0%—-52.1% +67.9%
5 years, per year +43.1%—-13.7% +10.9%
10 years +41.2%—— +261.1%
10 years, per year +3.5%—— +13.7%

Risk

MeasureELTPGRMLALVOSPY
Volatility, 1Y 57.4%444.8%81.7% 12.7%
Downside volatility, 1Y 71.6%158.3%86.1% 12.7%
Beta vs S&P 500, 1Y 0.692.760.74 1.00
Return / volatility, 1Y -1.072.13-0.51 0.97
Max drawdown, 5Y -71.4%-99.0%-82.6% -25.4%
From 52-week high -64.7%-61.7%-41.6% -1.2%
52-week high $0.68$14.89$8.13 $779.14
52-week low $0.22$0.17$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.

MultipleELTPGRMLALVO
P/E now vs peer median 4.6xmedian 17.2x -0.7xmedian 17.2x -5.2xmedian 17.2x
P/S now vs peer median 1.8xmedian 9.0x —median 9.0x 14.0xmedian 9.0x
EV/EBITDA now vs peer median 6.1xmedian 16.3x —median 16.3x 29.8xmedian 16.3x
P/FCF now vs peer median 14.8xmedian 18.7x -1.0xmedian 18.7x -5.7xmedian 18.7x
P/B now vs peer median 2.5xmedian 2.2x 0.2xmedian 2.2x -7.7xmedian 2.2x
PEG now vs peer median 0.04median 0.33 0.01median 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 monthsELTPGRMLALVO
Revenue $141.01M – $105.94M
Gross profit $61.31M – $7.66M
Operating income $34.94M -$18.67M $47.54M
Net income $56.67M -$21.77M -$179.60M
Free cash flow $17.53M -$14.22M -$261.39M
R&D $6.10M $1.28M $46.37M
EPS (diluted) $0.05 $-8.60 $-0.90
Cash & equivalents $39.42M $9.34M $142.80M
Total debt $9.58M $2.07M $1.31B
Shares (diluted) 1.13B 2.53M 291.34M
Enterprise value $141.29M -$20.11M $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
MetricELTPGRMLALVO
P/E 4.6x -0.7x -5.2x
P/FCF 14.8x -1.0x -5.7x
P/Operating cash flow 13.6x -1.0x -7.5x
P/S 1.8x – 14.0x
P/B 2.5x 0.2x -7.7x
P/Tangible book 2.6x 1.6x -4.4x
EV/EBITDA 6.1x – 29.8x
EV/EBIT 6.3x -0.3x 55.6x
EV/Revenue 1.6x – 25.0x
EV/FCF 12.6x -0.4x -10.1x
EV/Operating cash flow 11.6x -0.4x -13.3x
PEG (3Y EPS CAGR) 0.04 0.01 -0.21

Growth

14 metrics
MetricELTPGRMLALVO
Revenue growth (1Y) 33.7% – -74.3%
Revenue CAGR (3Y) 58.4% – 104.2%
Gross profit growth (1Y) 4.2% – -95.0%
Gross profit CAGR (3Y) 53.5% – 27.6%
Operating income growth (1Y) -6.7% -127.6% -13.3%
Operating income CAGR (3Y) 101.7% -166.2% 28.9%
Net income growth (1Y) 624.0% -91.7% -383.6%
Net income CAGR (3Y) 134.4% -125.4% 24.4%
EPS growth (1Y) 596.0% 48.6% -481.6%
EPS CAGR (3Y) 118.3% -48.2% 24.6%
Operating cash flow growth (1Y) -0.2% -158.2% -367.1%
Operating cash flow CAGR (3Y) 152.2% -236.9% 12.8%
Free cash flow growth (1Y) -2.8% -158.2% -113.0%
Free cash flow CAGR (3Y) 81.0% -236.9% 8.6%

Profitability

14 metrics
MetricELTPGRMLALVO
Gross margin 43.5% – 7.2%
EBITDA margin 25.9% – 83.9%
Operating margin 24.8% – 44.9%
Pretax margin 46.2% – -62.1%
Net margin 40.2% – -248.0%
FCF margin 12.4% – -246.7%
Operating cash flow margin 13.5% – -187.6%
Return on equity 55.6% -39.8% –
Return on assets 40.8% -34.9% -17.5%
Return on invested capital 29.2% – 4.4%
Return on capital employed 32.2% -30.5% 4.1%
Asset turnover 1.0x – 0.1x
Cash conversion (OCF / net income) 0.3x 0.7x 1.1x
Stock comp / revenue 0.1% – 8.7%

Financial Health

11 metrics
MetricELTPGRMLALVO
Debt / assets 1.7% 0.5% 82.3%
Debt / equity 0.0x 0.0x -6.8x
Net debt / EBITDA -1.0x – 13.1x
Debt / FCF 0.1x 0.0x -5.0x
Liabilities / assets 24.9% 10.9% 112.1%
Equity / assets 75.1% 89.1% -12.1%
Interest coverage 69.4x -2,872x 0.8x
Current ratio 3.8x 10.1x 1.6x
Quick ratio 3.0x 7.7x 1.1x
Cash ratio 1.3x 7.7x 0.4x
Altman Z-score 6.31 – -1.36

Shareholder Returns

7 metrics
MetricELTPGRMLALVO
Dividend yield – – –
Net buyback yield -0.1% -50.3% –
Shareholder yield -0.1% -50.3% –
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.

ConsensusELTPGRMLALVO
EPS, next fiscal year – – $-0.01FY2026
Revenue, next fiscal year – – $556.32MFY2026
Revenue growth, next FY – – -6.2%FY2026
Revenue growth, the year after – – +23.2%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersELTPGRMLALVO
Held by institutions 0.0% 12.0% 14.7%
Institutions holding 1 47 72
Change in shares held, QoQ – +96.3% +152.4%
Institutions buying 1 34 44
Institutions selling 0 2 17
Buyers to sellers – 17.00 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.

ELTPGRMLALVO
ELTP 1.00 -0.04 0.00
GRML -0.04 1.00 0.21
ALVO 0.00 0.21 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, ELTP, GRML and ALVO?

Alvotech (ALVO) is the largest by market capitalisation: Elite Pharmaceuticals (ELTP) $259.61M, Greenland Mines (GRML) $13.77M, Alvotech (ALVO) $1.44B.

Which company is growing faster?

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

Which company is more profitable?

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

Which stock has performed better?

Over the past year Greenland Mines (GRML) returned the most: Elite Pharmaceuticals (ELTP) -61.3%, Greenland Mines (GRML) +946.3%, Alvotech (ALVO) -41.6%. Over five years, Elite Pharmaceuticals (ELTP) compounded fastest (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, Elite Pharmaceuticals (ELTP) has been the steadiest (Elite Pharmaceuticals (ELTP) 57.4%, Greenland Mines (GRML) 444.8%, Alvotech (ALVO) 81.7%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, ELTP, GRML 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.