FENC vs AMRX vs ANIP Stock Comparison

Fennec Pharmaceuticals, Amneal 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
6 wins

Head to Head

11 decided of 12

Ani Pharmaceuticals leads on 6 of the 12 questions below (Ani Pharmaceuticals 6, Amneal Pharmaceuticals 4, Fennec Pharmaceuticals 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionFENCAMRXANIPLeader
Larger companyMarket capitalisation $367.56M $6.85B $1.50B AMRX
Cheaper on earningsLower P/E, profitable companies only -55.7x 43.5x 13.9x ANIP
Cheaper on forward earningsLower price / next fiscal year consensus EPS 35.0x 21.7x 7.4x ANIP
Faster revenue growthRevenue growth, trailing twelve months +61.4% +9.3% +30.9% FENC
More profitableNet margin, trailing twelve months -12.3% 5.0% 11.0% ANIP
Better return on capitalReturn on invested capital — 17.4% 12.9% AMRX
Less leveragedLower net debt / EBITDA — 3.8x -0.2x ANIP
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +12.9% +99.2% -23.0% AMRX
Better 5-year returnAnnualised price return, 5 years +2.3%/yr +31.6%/yr +14.4%/yr AMRX
Less volatileAnnualised volatility, 1 year 64.1% 35.1% 32.0% ANIP
Higher overall scoreMean of the five percentile scores vs peers 73/100 70/100 84/100 ANIP

Percentile Scorecard

FENCAMRXANIP

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

AxisFENCAMRXANIP
Valuation 59 #255 of 626 92 #54 of 626 96 #24 of 626
Growth 93 #43 of 604 74 #158 of 604 97 #18 of 604
Profitability 84 #88 of 555 84 #91 of 555 90 #56 of 555
Financial Health 57 #285 of 658 12 #582 of 658 46 #359 of 658
Shareholder Returns – 88 #44 of 368 92 #31 of 368
Overall 73 70 84
  • FENC ranked among 673 companies in Pharmaceuticals and Biotechnology
  • AMRX 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

PeriodFENCAMRXANIPSPY
1 month -4.2%+6.3%-1.9% -0.8%
3 months -0.6%+16.2%-7.4% +3.5%
6 months +48.2%+67.2%-8.8% +7.0%
Year to date +31.8%+66.8%-8.0% +12.2%
1 year +12.9%+99.2%-23.0% +13.0%
3 years +48.4%+457.6%+23.3% +86.3%
3 years, per year +14.1%+77.4%+7.2% +23.1%
5 years +12.2%+293.6%+95.9% +68.6%
5 years, per year +2.3%+31.6%+14.4% +11.0%
10 years +415.2%—+9.3% +258.0%
10 years, per year +17.8%—+0.9% +13.6%

Risk

MeasureFENCAMRXANIPSPY
Volatility, 1Y 64.1%35.1%32.0% 12.7%
Downside volatility, 1Y 59.6%31.0%31.7% 12.7%
Beta vs S&P 500, 1Y 1.320.700.26 1.00
Return / volatility, 1Y 0.202.83-0.72 1.02
Max drawdown, 5Y -65.6%-78.2%-59.4% -25.4%
From 52-week high -20.6%0.0%-23.2% -1.8%
52-week high $12.78$21.02$94.48 $779.14
52-week low $5.77$10.00$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.

MultipleFENCAMRXANIP
P/E now vs peer median -53.1xmedian 17.1x 42.6xmedian 17.1x 14.2xmedian 17.1x
P/S now vs peer median 6.6xmedian 8.8x 2.2xmedian 8.8x 1.8xmedian 8.8x
EV/EBITDA now vs peer median —median 17.1x 13.9xmedian 17.1x 7.0xmedian 17.1x
P/FCF now vs peer median —median 18.0x 80.8xmedian 18.0x 10.0xmedian 18.0x
P/B now vs peer median 8.4xmedian 2.1x 203.3xmedian 2.1x 2.9xmedian 2.1x
PEG now vs peer median -1.25median 0.31 0.18median 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 monthsFENCAMRXANIP
Revenue $53.77M $3.12B $978.38M
Gross profit $49.65M $1.23B $590.98M
Operating income -$3.74M $453.92M $150.36M
Net income -$6.60M $215.32M $108.31M
Free cash flow – $83.11M $172.99M
R&D $274.00K $175.57M $49.91M
EPS (diluted) $-0.18 $0.48 $4.93
Cash & equivalents $41.25M $127.64M $360.21M
Total debt – $2.67B $301.48M
Shares (diluted) 36.43M 328.10M 21.92M
Enterprise value $248.87M $6.04B $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
MetricFENCAMRXANIP
P/E -53.1x 42.6x 14.2x
P/FCF – 80.8x 10.0x
P/Operating cash flow – 33.4x 9.1x
P/S 6.6x 2.2x 1.8x
P/B 8.4x 203.3x 2.9x
P/Tangible book 8.4x -12.1x 11.8x
EV/EBITDA – 13.9x 7.0x
EV/EBIT -84.1x 20.4x 11.1x
EV/Revenue 5.8x 3.0x 1.7x
EV/FCF – 111.4x 9.7x
EV/Operating cash flow – 46.1x 8.8x
PEG (3Y EPS CAGR) -1.25 0.18 0.10

Growth

14 metrics
MetricFENCAMRXANIP
Revenue growth (1Y) 61.4% 9.3% 30.9%
Revenue CAGR (3Y) 118.1% 10.5% 34.6%
Gross profit growth (1Y) 65.9% 14.1% 29.5%
Gross profit CAGR (3Y) – 14.9% 32.8%
Operating income growth (1Y) 61.4% 20.6% 889.9%
Operating income CAGR (3Y) 46.2% 32.5% 98.9%
Net income growth (1Y) 45.1% 426.4% 1,161%
Net income CAGR (3Y) 37.0% 139.1% 184.4%
EPS growth (1Y) 58.3% 4,481% 945.2%
EPS CAGR (3Y) 42.6% 237.0% 146.4%
Operating cash flow growth (1Y) – -42.8% 36.2%
Operating cash flow CAGR (3Y) – 0.4% 66.2%
Free cash flow growth (1Y) – -69.3% 37.9%
Free cash flow CAGR (3Y) – -17.3% 77.7%

Profitability

14 metrics
MetricFENCAMRXANIP
Gross margin 92.4% 39.3% 60.4%
EBITDA margin – 21.3% 24.3%
Operating margin -7.0% 14.6% 15.4%
Pretax margin -8.2% 6.5% 14.6%
Net margin -12.3% 5.0% 11.0%
FCF margin – 2.7% 17.7%
Operating cash flow margin – 6.4% 19.4%
Return on equity -11.4% – 18.7%
Return on assets -6.1% 5.9% 7.4%
Return on invested capital – 17.4% 12.9%
Return on capital employed -6.2% 16.4% 12.8%
Asset turnover 0.7x 0.9x 0.7x
Cash conversion (OCF / net income) – 0.9x 1.7x
Stock comp / revenue 14.8% 1.1% 4.2%

Financial Health

11 metrics
MetricFENCAMRXANIP
Debt / assets – 70.7% 20.2%
Debt / equity – 80.9x 0.5x
Net debt / EBITDA – 3.8x -0.2x
Debt / FCF – 32.1x 1.7x
Liabilities / assets 44.0% 99.1% 60.0%
Equity / assets 56.0% 0.9% 40.0%
Interest coverage -2.5x – –
Current ratio 5.8x 2.2x 2.9x
Quick ratio 5.2x 1.3x 2.2x
Cash ratio 3.3x 0.1x 1.3x
Altman Z-score 3.70 2.48 2.61

Shareholder Returns

7 metrics
MetricFENCAMRXANIP
Dividend yield – – –
Net buyback yield – 0.0% 0.6%
Shareholder yield – 0.0% 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.

ConsensusFENCAMRXANIP
Forward P/E 35.0xFY2026 21.7xFY2026 7.4xFY2026
EPS, next fiscal year $0.29FY2026 $0.97FY2026 $9.81FY2026
EPS growth, next FY – +16.9%FY2026 +24.3%FY2026
EPS growth, the year after +241.4% +26.8% -2.3%
Revenue, next fiscal year $75.58MFY2026 $3.24BFY2026 $1.15BFY2026
Revenue growth, next FY +69.3%FY2026 +7.4%FY2026 +29.9%FY2026
Revenue growth, the year after +28.3% +12.4% +9.7%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersFENCAMRXANIP
Held by institutions 46.6% 51.1% 96.0%
Institutions holding 107 310 306
Change in shares held, QoQ +0.7% +1.3% -1.8%
Institutions buying 71 182 172
Institutions selling 19 86 88
Buyers to sellers 3.74 2.12 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.

FENCAMRXANIP
FENC 1.00 0.05 0.07
AMRX 0.05 1.00 0.42
ANIP 0.07 0.42 1.00

Add a Peer

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Frequently Asked Questions

Which is bigger, FENC, AMRX and ANIP?

Amneal Pharmaceuticals (AMRX) is the largest by market capitalisation: Fennec Pharmaceuticals (FENC) $367.56M, Amneal Pharmaceuticals (AMRX) $6.85B, Ani Pharmaceuticals (ANIP) $1.50B.

Which stock is cheaper, FENC, AMRX and ANIP?

Ani Pharmaceuticals (ANIP) trades on the lowest price-to-earnings ratio (Fennec Pharmaceuticals (FENC) -55.7x, Amneal Pharmaceuticals (AMRX) 43.5x, Ani Pharmaceuticals (ANIP) 13.9x). On next year's consensus earnings, Ani Pharmaceuticals (ANIP) is cheapest (Fennec Pharmaceuticals (FENC) 35.0x, Amneal Pharmaceuticals (AMRX) 21.7x, 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?

Fennec Pharmaceuticals (FENC) grew revenue fastest over the trailing twelve months: Fennec Pharmaceuticals (FENC) +61.4%, Amneal Pharmaceuticals (AMRX) +9.3%, Ani Pharmaceuticals (ANIP) +30.9%.

Which company is more profitable?

Ani Pharmaceuticals (ANIP) has the highest net margin (Fennec Pharmaceuticals (FENC) -12.3%, Amneal Pharmaceuticals (AMRX) 5.0%, Ani Pharmaceuticals (ANIP) 11.0%). On return on invested capital, Amneal Pharmaceuticals (AMRX) leads (Amneal Pharmaceuticals (AMRX) 17.4%, Ani Pharmaceuticals (ANIP) 12.9%).

Which stock has performed better?

Over the past year Amneal Pharmaceuticals (AMRX) returned the most: Fennec Pharmaceuticals (FENC) +12.9%, Amneal Pharmaceuticals (AMRX) +99.2%, Ani Pharmaceuticals (ANIP) -23.0%. Over five years, Amneal Pharmaceuticals (AMRX) compounded fastest (Fennec Pharmaceuticals (FENC) +2.3%/yr, Amneal Pharmaceuticals (AMRX) +31.6%/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 (Fennec Pharmaceuticals (FENC) 64.1%, Amneal Pharmaceuticals (AMRX) 35.1%, Ani Pharmaceuticals (ANIP) 32.0%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, FENC, AMRX 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, Ani Pharmaceuticals (ANIP) 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.