FENC vs AMPH vs AMRX Stock Comparison

Fennec Pharmaceuticals, Amphastar Pharmaceuticals and Amneal Pharmaceuticals Prices as of Oct 28, 2026 Peers: Industry group
1 more company in this comparison (RDY) Create a free account to keep reading and compare up to 10 companies.

Head to Head

11 decided of 12

Amneal Pharmaceuticals leads on 5 of the 12 questions below (Amneal Pharmaceuticals 5, Amphastar Pharmaceuticals 4, Fennec Pharmaceuticals 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionFENCAMPHAMRXLeader
Larger companyMarket capitalisation $375.16M $1.17B $6.80B AMRX
Cheaper on earningsLower P/E, profitable companies only -56.8x 15.0x 43.2x AMPH
Cheaper on forward earningsLower price / next fiscal year consensus EPS 37.5x 8.5x 21.8x AMPH
Faster revenue growthRevenue growth, trailing twelve months +61.4% +1.0% +9.3% FENC
More profitableNet margin, trailing twelve months -12.3% 10.8% 5.0% AMPH
Better return on capitalReturn on invested capital — 6.4% 17.4% AMRX
Less leveragedLower net debt / EBITDA — 1.8x 3.8x AMPH
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +24.1% +8.9% +105.4% AMRX
Better 5-year returnAnnualised price return, 5 years +3.3%/yr +7.1%/yr +31.0%/yr AMRX
Less volatileAnnualised volatility, 1 year 64.1% 54.3% 35.1% AMRX
Higher overall scoreMean of the five percentile scores vs peers 73/100 73/100 70/100 FENC

Percentile Scorecard

FENCAMPHAMRX

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

AxisFENCAMPHAMRX
Valuation 59 #260 of 625 99 #9 of 625 91 #55 of 625
Growth 93 #44 of 602 43 #343 of 602 74 #157 of 602
Profitability 85 #85 of 549 88 #67 of 549 84 #88 of 549
Financial Health 57 #282 of 654 37 #411 of 654 12 #579 of 654
Shareholder Returns – 99 #4 of 367 87 #47 of 367
Overall 73 73 70
  • FENC ranked among 672 companies in Pharmaceuticals and Biotechnology
  • AMPH ranked among 672 companies in Pharmaceuticals and Biotechnology
  • AMRX 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

PeriodFENCAMPHAMRXSPY
1 month -0.7%-3.9%+3.1% +0.9%
3 months +12.6%+27.9%+10.7% +5.9%
6 months +73.6%+21.7%+65.2% +8.5%
Year to date +41.2%-1.7%+67.8% +13.3%
1 year +24.1%+8.9%+105.4% +12.4%
3 years +58.9%-41.0%+460.7% +88.1%
3 years, per year +16.7%-16.1%+77.7% +23.5%
5 years +17.4%+41.0%+285.1% +68.2%
5 years, per year +3.3%+7.1%+31.0% +11.0%
10 years +440.8%+47.2%— +263.4%
10 years, per year +18.4%+3.9%— +13.8%

Risk

MeasureFENCAMPHAMRXSPY
Volatility, 1Y 64.1%54.3%35.1% 12.7%
Downside volatility, 1Y 59.9%66.4%30.9% 12.7%
Beta vs S&P 500, 1Y 1.340.580.70 1.00
Return / volatility, 1Y 0.380.163.01 0.98
Max drawdown, 5Y -65.6%-74.0%-78.2% -25.4%
From 52-week high -14.9%-10.4%-1.4% -0.9%
52-week high $12.78$29.40$21.44 $779.14
52-week low $5.77$16.87$10.00 $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.

MultipleFENCAMPHAMRX
P/E now vs peer median -56.9xmedian 17.4x 14.6xmedian 17.4x 42.9xmedian 17.4x
P/S now vs peer median 7.1xmedian 9.1x 1.5xmedian 9.1x 2.2xmedian 9.1x
EV/EBITDA now vs peer median —median 17.1x 8.2xmedian 17.1x 14.0xmedian 17.1x
P/FCF now vs peer median —median 19.0x 7.3xmedian 19.0x 81.2xmedian 19.0x
P/B now vs peer median 9.0xmedian 2.2x 1.5xmedian 2.2x 204.4xmedian 2.2x
PEG now vs peer median -1.33median 0.34 -5.72median 0.34 0.18median 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 monthsFENCAMPHAMRX
Revenue $53.77M $730.02M $3.12B
Gross profit $49.65M $348.11M $1.23B
Operating income -$3.74M $114.29M $453.92M
Net income -$6.60M $78.55M $215.32M
Free cash flow – $152.89M $83.11M
R&D $274.00K $94.57M $175.57M
EPS (diluted) $-0.18 $1.78 $0.48
Cash & equivalents $41.25M $223.61M $127.64M
Total debt – $612.05M $2.67B
Shares (diluted) 36.43M 44.23M 328.10M
Enterprise value $256.47M $33.80M $5.99B

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
MetricFENCAMPHAMRX
P/E -56.9x 14.6x 42.9x
P/FCF – 7.3x 81.2x
P/Operating cash flow – 6.1x 33.6x
P/S 7.1x 1.5x 2.2x
P/B 9.0x 1.5x 204.4x
P/Tangible book 9.0x 1.5x -12.2x
EV/EBITDA – 8.2x 14.0x
EV/EBIT -90.8x 12.6x 20.5x
EV/Revenue 6.3x 2.0x 3.0x
EV/FCF – 9.4x 111.8x
EV/Operating cash flow – 7.8x 46.3x
PEG (3Y EPS CAGR) -1.33 -5.72 0.18

Growth

14 metrics
MetricFENCAMPHAMRX
Revenue growth (1Y) 61.4% 1.0% 9.3%
Revenue CAGR (3Y) 118.1% 10.5% 10.5%
Gross profit growth (1Y) 65.9% -3.4% 14.1%
Gross profit CAGR (3Y) – 8.0% 14.9%
Operating income growth (1Y) 61.4% -37.1% 20.6%
Operating income CAGR (3Y) 46.2% -4.5% 32.5%
Net income growth (1Y) 45.1% -41.7% 426.4%
Net income CAGR (3Y) 37.0% -8.3% 139.1%
EPS growth (1Y) 58.3% -36.5% 4,481%
EPS CAGR (3Y) 42.6% -2.6% 237.0%
Operating cash flow growth (1Y) – 15.6% -42.8%
Operating cash flow CAGR (3Y) – 12.1% 0.4%
Free cash flow growth (1Y) – 36.3% -69.3%
Free cash flow CAGR (3Y) – 15.0% -17.3%

Profitability

14 metrics
MetricFENCAMPHAMRX
Gross margin 92.4% 47.7% 39.3%
EBITDA margin – 23.9% 21.3%
Operating margin -7.0% 15.7% 14.6%
Pretax margin -8.2% 14.0% 6.5%
Net margin -12.3% 10.8% 5.0%
FCF margin – 20.9% 2.7%
Operating cash flow margin – 25.3% 6.4%
Return on equity -11.4% 10.2% –
Return on assets -6.1% 4.6% 5.9%
Return on invested capital – 6.4% 17.4%
Return on capital employed -6.2% 8.0% 16.4%
Asset turnover 0.7x 0.4x 0.9x
Cash conversion (OCF / net income) – 2.4x 0.9x
Stock comp / revenue 14.8% 4.0% 1.1%

Financial Health

11 metrics
MetricFENCAMPHAMRX
Debt / assets – 35.1% 70.7%
Debt / equity – 0.8x 80.9x
Net debt / EBITDA – 1.8x 3.8x
Debt / FCF – 4.0x 32.1x
Liabilities / assets 44.0% 55.9% 99.1%
Equity / assets 56.0% 44.1% 0.9%
Interest coverage -2.5x 4.4x –
Current ratio 5.8x 2.4x 2.2x
Quick ratio 5.2x 1.7x 1.3x
Cash ratio 3.3x 1.1x 0.1x
Altman Z-score 4.16 2.14 2.49

Shareholder Returns

7 metrics
MetricFENCAMPHAMRX
Dividend yield – – –
Net buyback yield – 8.7% 0.0%
Shareholder yield – 8.7% 0.0%
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.

ConsensusFENCAMPHAMRX
Forward P/E 37.5xFY2026 8.5xFY2026 21.8xFY2026
EPS, next fiscal year $0.29FY2026 $3.09FY2026 $0.97FY2026
EPS growth, next FY – -4.9%FY2026 +16.9%FY2026
EPS growth, the year after +241.4% +9.4% +26.8%
Revenue, next fiscal year $75.58MFY2026 $790.23MFY2026 $3.24BFY2026
Revenue growth, next FY +69.3%FY2026 +9.8%FY2026 +7.4%FY2026
Revenue growth, the year after +28.3% -5.4% +12.4%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersFENCAMPHAMRX
Held by institutions 46.6% 64.8% 51.1%
Institutions holding 107 209 310
Change in shares held, QoQ +0.7% -11.7% +1.3%
Institutions buying 71 96 182
Institutions selling 19 74 86
Buyers to sellers 3.74 1.30 2.12

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.

FENCAMPHAMRX
FENC 1.00 0.09 0.05
AMPH 0.09 1.00 0.46
AMRX 0.05 0.46 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, FENC, AMPH and AMRX?

Amneal Pharmaceuticals (AMRX) is the largest by market capitalisation: Fennec Pharmaceuticals (FENC) $375.16M, Amphastar Pharmaceuticals (AMPH) $1.17B, Amneal Pharmaceuticals (AMRX) $6.80B.

Which stock is cheaper, FENC, AMPH and AMRX?

Amphastar Pharmaceuticals (AMPH) trades on the lowest price-to-earnings ratio (Fennec Pharmaceuticals (FENC) -56.8x, Amphastar Pharmaceuticals (AMPH) 15.0x, Amneal Pharmaceuticals (AMRX) 43.2x). On next year's consensus earnings, Amphastar Pharmaceuticals (AMPH) is cheapest (Fennec Pharmaceuticals (FENC) 37.5x, Amphastar Pharmaceuticals (AMPH) 8.5x, Amneal Pharmaceuticals (AMRX) 21.8x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Fennec Pharmaceuticals (FENC) grew revenue fastest over the trailing twelve months: Fennec Pharmaceuticals (FENC) +61.4%, Amphastar Pharmaceuticals (AMPH) +1.0%, Amneal Pharmaceuticals (AMRX) +9.3%.

Which company is more profitable?

Amphastar Pharmaceuticals (AMPH) has the highest net margin (Fennec Pharmaceuticals (FENC) -12.3%, Amphastar Pharmaceuticals (AMPH) 10.8%, Amneal Pharmaceuticals (AMRX) 5.0%). On return on invested capital, Amneal Pharmaceuticals (AMRX) leads (Amphastar Pharmaceuticals (AMPH) 6.4%, Amneal Pharmaceuticals (AMRX) 17.4%).

Which stock has performed better?

Over the past year Amneal Pharmaceuticals (AMRX) returned the most: Fennec Pharmaceuticals (FENC) +24.1%, Amphastar Pharmaceuticals (AMPH) +8.9%, Amneal Pharmaceuticals (AMRX) +105.4%. Over five years, Amneal Pharmaceuticals (AMRX) compounded fastest (Fennec Pharmaceuticals (FENC) +3.3%/yr, Amphastar Pharmaceuticals (AMPH) +7.1%/yr, Amneal Pharmaceuticals (AMRX) +31.0%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Amneal Pharmaceuticals (AMRX) has been the steadiest (Fennec Pharmaceuticals (FENC) 64.1%, Amphastar Pharmaceuticals (AMPH) 54.3%, Amneal Pharmaceuticals (AMRX) 35.1%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, FENC, AMPH and AMRX?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Amneal Pharmaceuticals (AMRX) leads on 5. 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.