FENC vs ELTP vs RDY Stock Comparison

Fennec Pharmaceuticals, Elite Pharmaceuticals and Dr Reddys Laboratories Prices as of Nov 5, 2026 Peers: Industry group
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Head to Head

11 decided of 12

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

QuestionFENCELTPRDYLeader
Larger companyMarket capitalisation $328.97M $258.51M $12.12B RDY
Cheaper on earningsLower P/E, profitable companies only -99.8x 4.6x 33.3x ELTP
Cheaper on forward earningsLower price / next fiscal year consensus EPS 32.4x — 30.3x RDY
Faster revenue growthRevenue growth, trailing twelve months +77.8% +33.7% -10.5% FENC
More profitableNet margin, trailing twelve months -5.5% 40.2% 10.2% ELTP
Better return on capitalReturn on invested capital — 29.2% 5.6% ELTP
Less leveragedLower net debt / EBITDA — -1.0x 1.2x ELTP
Higher dividend yieldTrailing dividend yield — — 0.55% –
Better 1-year returnPrice return, last 12 months +13.8% -60.7% +8.4% FENC
Better 5-year returnAnnualised price return, 5 years +0.1%/yr +43.1%/yr +2.7%/yr ELTP
Less volatileAnnualised volatility, 1 year 65.2% 58.3% 26.5% RDY
Higher overall scoreMean of the five percentile scores vs peers 70/100 89/100 57/100 ELTP

Percentile Scorecard

FENCELTPRDY

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

AxisFENCELTPRDY
Valuation 81 #120 of 634 98 #15 of 634 90 #62 of 634
Growth 98 #15 of 608 92 #48 of 608 11 #543 of 608
Profitability 87 #73 of 557 92 #47 of 557 83 #94 of 557
Financial Health 56 #286 of 654 76 #156 of 654 41 #385 of 654
Shareholder Returns 29 #288 of 403 85 #61 of 403 61 #159 of 403
Overall 70 89 57
  • FENC ranked among 671 companies in Pharmaceuticals and Biotechnology
  • ELTP ranked among 671 companies in Pharmaceuticals and Biotechnology
  • RDY ranked among 671 companies in Pharmaceuticals and Biotechnology

Price Performance

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

Returns

PeriodFENCELTPRDYSPY
1 month -9.3%0.0%+16.3% -5.9%
3 months -13.4%-33.3%+19.9% -4.6%
6 months +36.1%-29.4%+8.1% +0.2%
Year to date +21.9%-51.0%+3.4% +7.5%
1 year +13.8%-60.7%+8.4% +8.2%
3 years +18.0%+100.0%+12.1% +68.3%
3 years, per year +5.7%+26.0%+3.9% +19.0%
5 years +0.4%+500.0%+14.5% +56.5%
5 years, per year +0.1%+43.1%+2.7% +9.4%
10 years +364.9%+50.0%+57.6% +251.5%
10 years, per year +16.6%+4.1%+4.7% +13.4%

Risk

MeasureFENCELTPRDYSPY
Volatility, 1Y 65.2%58.3%26.5% 13.6%
Downside volatility, 1Y 62.7%72.6%27.7% 14.2%
Beta vs S&P 500, 1Y 1.410.630.32 1.00
Return / volatility, 1Y 0.21-1.040.31 0.60
Max drawdown, 5Y -65.6%-71.4%-32.3% -25.4%
From 52-week high -26.5%-64.7%-5.6% -5.9%
52-week high $12.78$0.68$15.38 $779.14
52-week low $5.77$0.22$11.40 $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.

MultipleFENCELTPRDY
P/E now vs peer median -99.8xmedian 17.8x 4.6xmedian 17.8x 33.3xmedian 17.8x
P/S now vs peer median 5.6xmedian 8.1x 1.8xmedian 8.1x 3.4xmedian 8.1x
EV/EBITDA now vs peer median —median 15.7x 6.1xmedian 15.7x 24.1xmedian 15.7x
P/FCF now vs peer median -161.3xmedian 21.0x 14.8xmedian 21.0x 868.4xmedian 21.0x
P/B now vs peer median 7.8xmedian 2.0x 2.5xmedian 2.0x 3.0xmedian 2.0x
PEG now vs peer median -1.83median 0.36 0.04median 0.36 -0.93median 0.36

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 monthsFENCELTPRDY
Revenue $59.22M $141.01M $3.56B
Gross profit $55.51M $61.31M $1.76B
Operating income -$1.13M $34.94M $347.04M
Net income -$3.25M $56.67M $299.19M
Free cash flow -$2.04M $17.53M $13.96M
R&D $216.00K $6.10M $244.48M
EPS (diluted) $-0.09 $0.05 $0.44
Cash & equivalents $41.25M $39.42M $138.41M
Total debt – $2.36M $752.59M
Shares (diluted) 36.43M 1.13B 833.33M
Enterprise value $188.81M $140.18M $11.49B

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
MetricFENCELTPRDY
P/E -99.8x 4.6x 33.3x
P/FCF -161.3x 14.8x 868.4x
P/Operating cash flow -161.3x 13.6x 35.6x
P/S 5.6x 1.8x 3.4x
P/B 7.8x 2.5x 3.0x
P/Tangible book 7.8x 2.6x 4.1x
EV/EBITDA – 6.1x 24.1x
EV/EBIT -255.8x 6.3x 36.7x
EV/Revenue 4.9x 1.6x 3.6x
EV/FCF -141.0x 12.6x 912.4x
EV/Operating cash flow -141.0x 11.6x 37.4x
PEG (3Y EPS CAGR) -1.83 0.04 -0.93

Growth

14 metrics
MetricFENCELTPRDY
Revenue growth (1Y) 77.8% 33.7% -10.5%
Revenue CAGR (3Y) 125.3% 58.4% 3.2%
Gross profit growth (1Y) 85.4% 4.2% -21.5%
Gross profit CAGR (3Y) – 53.5% -2.3%
Operating income growth (1Y) 88.4% -6.7% -58.2%
Operating income CAGR (3Y) 63.9% 101.7% -24.1%
Net income growth (1Y) 73.0% 624.0% -55.9%
Net income CAGR (3Y) 50.3% 134.4% -21.5%
EPS growth (1Y) 79.5% 596.0% -54.1%
EPS CAGR (3Y) 54.7% 118.3% -35.9%
Operating cash flow growth (1Y) 82.5% -0.2% -39.6%
Operating cash flow CAGR (3Y) 54.3% 152.2% -27.1%
Free cash flow growth (1Y) 82.5% -2.8% -98.4%
Free cash flow CAGR (3Y) 54.3% 81.0% -73.6%

Profitability

14 metrics
MetricFENCELTPRDY
Gross margin 93.7% 43.5% 49.5%
EBITDA margin – 25.9% 14.9%
Operating margin -1.9% 24.8% 9.7%
Pretax margin -1.7% 46.2% 10.7%
Net margin -5.5% 40.2% 10.2%
FCF margin -3.4% 12.4% 0.4%
Operating cash flow margin -3.4% 13.5% 9.5%
Return on equity -2.7% 55.6% 7.4%
Return on assets -1.5% 40.8% 5.0%
Return on invested capital – 29.2% 5.6%
Return on capital employed -1.8% 32.2% 7.9%
Asset turnover 0.8x 1.0x 0.6x
Cash conversion (OCF / net income) 0.6x 0.3x 1.1x
Stock comp / revenue 12.6% 0.1% 0.1%

Financial Health

11 metrics
MetricFENCELTPRDY
Debt / assets – 1.7% 12.6%
Debt / equity – 0.0x 0.2x
Net debt / EBITDA – -1.0x 1.2x
Debt / FCF – 0.1x 53.9x
Liabilities / assets 44.0% 24.9% 32.2%
Equity / assets 56.0% 75.1% 67.8%
Interest coverage -1.2x 69.4x 7.2x
Current ratio 5.8x 3.8x 1.9x
Quick ratio 5.2x 3.0x 0.7x
Cash ratio 3.3x 1.3x 0.1x
Altman Z-score 3.41 6.31 5.73

Shareholder Returns

7 metrics
MetricFENCELTPRDY
Dividend yield – – 0.6%
Net buyback yield -14.4% -0.1% -0.1%
Shareholder yield -14.4% -0.1% 0.5%
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.

ConsensusFENCELTPRDY
Forward P/E 32.4xFY2026 – 30.3xFY2026
EPS, next fiscal year $0.29FY2026 – $0.48FY2026
EPS growth, next FY – – -11.1%FY2026
EPS growth, the year after +227.6% – +20.8%
Revenue, next fiscal year $75.50MFY2026 – $3.84BFY2026
Revenue growth, next FY +69.1%FY2026 – +9.3%FY2026
Revenue growth, the year after +27.3% – +3.6%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersFENCELTPRDY
Held by institutions 46.6% 0.0% 15.1%
Institutions holding 107 1 239
Change in shares held, QoQ +0.7% – +4.3%
Institutions buying 71 1 108
Institutions selling 19 0 97
Buyers to sellers 3.74 – 1.11

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.

FENCELTPRDY
FENC 1.00 -0.03 0.30
ELTP -0.03 1.00 0.01
RDY 0.30 0.01 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, FENC, ELTP and RDY?

Dr Reddys Laboratories (RDY) is the largest by market capitalisation: Fennec Pharmaceuticals (FENC) $328.97M, Elite Pharmaceuticals (ELTP) $258.51M, Dr Reddys Laboratories (RDY) $12.12B.

Which stock is cheaper, FENC, ELTP and RDY?

Elite Pharmaceuticals (ELTP) trades on the lowest price-to-earnings ratio (Fennec Pharmaceuticals (FENC) -99.8x, Elite Pharmaceuticals (ELTP) 4.6x, Dr Reddys Laboratories (RDY) 33.3x). On next year's consensus earnings, Dr Reddys Laboratories (RDY) is cheapest (Fennec Pharmaceuticals (FENC) 32.4x, Dr Reddys Laboratories (RDY) 30.3x). 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) +77.8%, Elite Pharmaceuticals (ELTP) +33.7%, Dr Reddys Laboratories (RDY) -10.5%.

Which company is more profitable?

Elite Pharmaceuticals (ELTP) has the highest net margin (Fennec Pharmaceuticals (FENC) -5.5%, Elite Pharmaceuticals (ELTP) 40.2%, Dr Reddys Laboratories (RDY) 10.2%). On return on invested capital, Elite Pharmaceuticals (ELTP) leads (Elite Pharmaceuticals (ELTP) 29.2%, Dr Reddys Laboratories (RDY) 5.6%).

Which stock has performed better?

Over the past year Fennec Pharmaceuticals (FENC) returned the most: Fennec Pharmaceuticals (FENC) +13.8%, Elite Pharmaceuticals (ELTP) -60.7%, Dr Reddys Laboratories (RDY) +8.4%. Over five years, Elite Pharmaceuticals (ELTP) compounded fastest (Fennec Pharmaceuticals (FENC) +0.1%/yr, Elite Pharmaceuticals (ELTP) +43.1%/yr, Dr Reddys Laboratories (RDY) +2.7%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Dr Reddys Laboratories (RDY) 0.55%. Fennec Pharmaceuticals (FENC) and Elite Pharmaceuticals (ELTP) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Dr Reddys Laboratories (RDY) has been the steadiest (Fennec Pharmaceuticals (FENC) 65.2%, Elite Pharmaceuticals (ELTP) 58.3%, Dr Reddys Laboratories (RDY) 26.5%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, FENC, ELTP and RDY?

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.