FENC vs AMPH vs ELTP Stock Comparison

Fennec Pharmaceuticals, Amphastar Pharmaceuticals and Elite Pharmaceuticals Prices as of Oct 26, 2026 Peers: Industry group

Head to Head

11 decided of 12

Elite Pharmaceuticals leads on 6 of the 12 questions below (Elite Pharmaceuticals 6, Amphastar Pharmaceuticals 3, Fennec Pharmaceuticals 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionFENCAMPHELTPLeader
Larger companyMarket capitalisation $355.60M $1.08B $258.51M AMPH
Cheaper on earningsLower P/E, profitable companies only -53.1x 14.2x 4.6x ELTP
Cheaper on forward earningsLower price / next fiscal year consensus EPS 35.0x 8.2x — AMPH
Faster revenue growthRevenue growth, trailing twelve months +61.4% +1.0% +33.7% FENC
More profitableNet margin, trailing twelve months -12.3% 10.8% 40.2% ELTP
Better return on capitalReturn on invested capital — 6.4% 29.2% ELTP
Less leveragedLower net debt / EBITDA — 1.8x -1.0x ELTP
Higher dividend yieldTrailing dividend yield — — — –
Better 1-year returnPrice return, last 12 months +12.9% +3.9% -61.9% FENC
Better 5-year returnAnnualised price return, 5 years +2.3%/yr +6.8%/yr +43.1%/yr ELTP
Less volatileAnnualised volatility, 1 year 64.1% 54.3% 57.5% AMPH
Higher overall scoreMean of the five percentile scores vs peers 72/100 74/100 88/100 ELTP

Percentile Scorecard

FENCAMPHELTP

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

AxisFENCAMPHELTP
Valuation 51 #135 of 275 97 #8 of 275 96 #11 of 275
Growth 93 #18 of 253 43 #144 of 253 93 #20 of 253
Profitability 83 #38 of 224 87 #29 of 224 93 #16 of 224
Financial Health 62 #114 of 296 42 #171 of 296 76 #73 of 296
Shareholder Returns – 99 #2 of 126 83 #22 of 126
Overall 72 74 88
  • FENC ranked among 305 companies in Pharmaceuticals and Biotechnology
  • AMPH ranked among 305 companies in Pharmaceuticals and Biotechnology
  • ELTP ranked among 305 companies in Pharmaceuticals and Biotechnology

Price Performance

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

Returns

PeriodFENCAMPHELTPSPY
1 month -4.2%-2.5%-7.7% -0.8%
3 months -0.6%+32.8%-36.8% +3.5%
6 months +48.2%+17.6%-31.4% +7.0%
Year to date +31.8%-4.9%-51.0% +12.2%
1 year +12.9%+3.9%-61.9% +13.0%
3 years +48.4%-42.9%+100.0% +86.3%
3 years, per year +14.1%-17.1%+26.0% +23.1%
5 years +12.2%+38.7%+500.0% +68.6%
5 years, per year +2.3%+6.8%+43.1% +11.0%
10 years +415.2%+40.1%+50.0% +258.0%
10 years, per year +17.8%+3.4%+4.1% +13.6%

Risk

MeasureFENCAMPHELTPSPY
Volatility, 1Y 64.1%54.3%57.5% 12.7%
Downside volatility, 1Y 59.6%66.4%71.6% 12.7%
Beta vs S&P 500, 1Y 1.320.580.69 1.00
Return / volatility, 1Y 0.200.07-1.08 1.02
Max drawdown, 5Y -65.6%-74.0%-71.4% -25.4%
From 52-week high -20.6%-13.4%-64.7% -1.8%
52-week high $12.78$29.40$0.68 $779.14
52-week low $5.77$16.87$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.

MultipleFENCAMPHELTP
P/E now vs peer median -53.1xmedian 10.4x 14.2xmedian 10.4x 4.6xmedian 10.4x
P/S now vs peer median 6.6xmedian 6.4x 1.5xmedian 6.4x 1.8xmedian 6.4x
EV/EBITDA now vs peer median —median 10.7x 8.0xmedian 10.7x 6.1xmedian 10.7x
P/FCF now vs peer median —median 12.5x 7.1xmedian 12.5x 14.8xmedian 12.5x
P/B now vs peer median 8.4xmedian 1.6x 1.4xmedian 1.6x 2.5xmedian 1.6x
PEG now vs peer median -1.25median 0.29 -5.53median 0.29 0.04median 0.29

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 monthsFENCAMPHELTP
Revenue $53.77M $730.02M $141.01M
Gross profit $49.65M $348.11M $61.31M
Operating income -$3.74M $114.29M $34.94M
Net income -$6.60M $78.55M $56.67M
Free cash flow – $152.89M $17.53M
R&D $274.00K $94.57M $6.10M
EPS (diluted) $-0.18 $1.78 $0.05
Cash & equivalents $41.25M $223.61M $39.42M
Total debt – $612.05M $9.58M
Shares (diluted) 36.43M 44.23M 1.13B
Enterprise value $236.91M -$57.80M $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
MetricFENCAMPHELTP
P/E -53.1x 14.2x 4.6x
P/FCF – 7.1x 14.8x
P/Operating cash flow – 5.9x 13.6x
P/S 6.6x 1.5x 1.8x
P/B 8.4x 1.4x 2.5x
P/Tangible book 8.4x 1.5x 2.6x
EV/EBITDA – 8.0x 6.1x
EV/EBIT -84.1x 12.3x 6.3x
EV/Revenue 5.8x 1.9x 1.6x
EV/FCF – 9.2x 12.6x
EV/Operating cash flow – 7.6x 11.6x
PEG (3Y EPS CAGR) -1.25 -5.53 0.04

Growth

14 metrics
MetricFENCAMPHELTP
Revenue growth (1Y) 61.4% 1.0% 33.7%
Revenue CAGR (3Y) 118.1% 10.5% 58.4%
Gross profit growth (1Y) 65.9% -3.4% 4.2%
Gross profit CAGR (3Y) – 8.0% 53.5%
Operating income growth (1Y) 61.4% -37.1% -6.7%
Operating income CAGR (3Y) 46.2% -4.5% 101.7%
Net income growth (1Y) 45.1% -41.7% 624.0%
Net income CAGR (3Y) 37.0% -8.3% 134.4%
EPS growth (1Y) 58.3% -36.5% 596.0%
EPS CAGR (3Y) 42.6% -2.6% 118.3%
Operating cash flow growth (1Y) – 15.6% -0.2%
Operating cash flow CAGR (3Y) – 12.1% 152.2%
Free cash flow growth (1Y) – 36.3% -2.8%
Free cash flow CAGR (3Y) – 15.0% 81.0%

Profitability

14 metrics
MetricFENCAMPHELTP
Gross margin 92.4% 47.7% 43.5%
EBITDA margin – 23.9% 25.9%
Operating margin -7.0% 15.7% 24.8%
Pretax margin -8.2% 14.0% 46.2%
Net margin -12.3% 10.8% 40.2%
FCF margin – 20.9% 12.4%
Operating cash flow margin – 25.3% 13.5%
Return on equity -11.4% 10.2% 55.6%
Return on assets -6.1% 4.6% 40.8%
Return on invested capital – 6.4% 29.2%
Return on capital employed -6.2% 8.0% 32.2%
Asset turnover 0.7x 0.4x 1.0x
Cash conversion (OCF / net income) – 2.4x 0.3x
Stock comp / revenue 14.8% 4.0% 0.1%

Financial Health

11 metrics
MetricFENCAMPHELTP
Debt / assets – 35.1% 1.7%
Debt / equity – 0.8x 0.0x
Net debt / EBITDA – 1.8x -1.0x
Debt / FCF – 4.0x 0.1x
Liabilities / assets 44.0% 55.9% 24.9%
Equity / assets 56.0% 44.1% 75.1%
Interest coverage -2.5x 4.4x 69.4x
Current ratio 5.8x 2.4x 3.8x
Quick ratio 5.2x 1.7x 3.0x
Cash ratio 3.3x 1.1x 1.3x
Altman Z-score 3.70 2.12 6.31

Shareholder Returns

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

ConsensusFENCAMPHELTP
Forward P/E 35.0xFY2026 8.2xFY2026 –
EPS, next fiscal year $0.29FY2026 $3.10FY2026 –
EPS growth, next FY – -4.6%FY2026 –
EPS growth, the year after +241.4% +9.4% –
Revenue, next fiscal year $75.58MFY2026 $790.75MFY2026 –
Revenue growth, next FY +69.3%FY2026 +9.8%FY2026 –
Revenue growth, the year after +28.3% -5.4% –

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersFENCAMPHELTP
Held by institutions 46.6% 64.8% 0.0%
Institutions holding 107 209 1
Change in shares held, QoQ +0.7% -11.7% –
Institutions buying 71 96 1
Institutions selling 19 74 0
Buyers to sellers 3.74 1.30 –

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.

FENCAMPHELTP
FENC 1.00 0.08 -0.02
AMPH 0.08 1.00 -0.04
ELTP -0.02 -0.04 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, FENC, AMPH and ELTP?

Amphastar Pharmaceuticals (AMPH) is the largest by market capitalisation: Fennec Pharmaceuticals (FENC) $355.60M, Amphastar Pharmaceuticals (AMPH) $1.08B, Elite Pharmaceuticals (ELTP) $258.51M.

Which stock is cheaper, FENC, AMPH and ELTP?

Elite Pharmaceuticals (ELTP) trades on the lowest price-to-earnings ratio (Fennec Pharmaceuticals (FENC) -53.1x, Amphastar Pharmaceuticals (AMPH) 14.2x, Elite Pharmaceuticals (ELTP) 4.6x). On next year's consensus earnings, Amphastar Pharmaceuticals (AMPH) is cheapest (Fennec Pharmaceuticals (FENC) 35.0x, Amphastar Pharmaceuticals (AMPH) 8.2x). 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%, Elite Pharmaceuticals (ELTP) +33.7%.

Which company is more profitable?

Elite Pharmaceuticals (ELTP) has the highest net margin (Fennec Pharmaceuticals (FENC) -12.3%, Amphastar Pharmaceuticals (AMPH) 10.8%, Elite Pharmaceuticals (ELTP) 40.2%). On return on invested capital, Elite Pharmaceuticals (ELTP) leads (Amphastar Pharmaceuticals (AMPH) 6.4%, Elite Pharmaceuticals (ELTP) 29.2%).

Which stock has performed better?

Over the past year Fennec Pharmaceuticals (FENC) returned the most: Fennec Pharmaceuticals (FENC) +12.9%, Amphastar Pharmaceuticals (AMPH) +3.9%, Elite Pharmaceuticals (ELTP) -61.9%. Over five years, Elite Pharmaceuticals (ELTP) compounded fastest (Fennec Pharmaceuticals (FENC) +2.3%/yr, Amphastar Pharmaceuticals (AMPH) +6.8%/yr, Elite Pharmaceuticals (ELTP) +43.1%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Amphastar Pharmaceuticals (AMPH) has been the steadiest (Fennec Pharmaceuticals (FENC) 64.1%, Amphastar Pharmaceuticals (AMPH) 54.3%, Elite Pharmaceuticals (ELTP) 57.5%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, FENC, AMPH 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 6. 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.