RDY vs ALVO Stock Comparison

Dr Reddys Laboratories and Alvotech Prices as of Oct 26, 2026 Peers: Industry group
ALVO Alvotech
$4.62 -19.7% 1M -45.0% 1Y
Market cap
$1.36B
P/E
–
Revenue (TTM)
$105.94M
Div. yield
–
Generic Drugs Healthcare

Head to Head

9 decided of 12

Dr Reddys Laboratories leads on 9 of the 12 questions below (Dr Reddys Laboratories 9). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionRDYALVOLeader
Larger companyMarket capitalisation $11.50B $1.36B RDY
Cheaper on earningsLower P/E, profitable companies only 31.6x -5.2x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 28.7x — –
Faster revenue growthRevenue growth, trailing twelve months -10.5% -74.3% RDY
More profitableNet margin, trailing twelve months 10.2% -248.0% RDY
Better return on capitalReturn on invested capital 5.6% 4.4% RDY
Less leveragedLower net debt / EBITDA 1.2x 13.1x RDY
Higher dividend yieldTrailing dividend yield 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -5.6% -45.0% RDY
Better 5-year returnAnnualised price return, 5 years +2.3%/yr -14.1%/yr RDY
Less volatileAnnualised volatility, 1 year 27.6% 81.8% RDY
Higher overall scoreMean of the five percentile scores vs peers 58/100 47/100 RDY

Percentile Scorecard

RDYALVO

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

AxisRDYALVO
Valuation 91 #57 of 626 72 #178 of 626
Growth 10 #546 of 604 35 #396 of 604
Profitability 83 #95 of 555 68 #177 of 555
Financial Health 44 #371 of 658 15 #557 of 658
Shareholder Returns 64 #135 of 368 –
Overall 58 47
  • RDY ranked among 673 companies in Pharmaceuticals and Biotechnology
  • ALVO 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

PeriodRDYALVOSPY
1 month +12.2%-19.7% -0.8%
3 months +16.9%+50.0% +3.5%
6 months -1.5%+40.0% +7.0%
Year to date -2.0%-9.9% +12.2%
1 year -5.6%-45.0% +13.0%
3 years +5.8%-48.6% +86.3%
3 years, per year +1.9%-19.9% +23.1%
5 years +12.2%-53.3% +68.6%
5 years, per year +2.3%-14.1% +11.0%
10 years +41.7%— +258.0%
10 years, per year +3.5%— +13.6%

Risk

MeasureRDYALVOSPY
Volatility, 1Y 27.6%81.8% 12.7%
Downside volatility, 1Y 30.5%86.1% 12.7%
Beta vs S&P 500, 1Y 0.280.73 1.00
Return / volatility, 1Y -0.20-0.55 1.02
Max drawdown, 5Y -32.3%-82.6% -25.4%
From 52-week high -10.5%-43.2% -1.8%
52-week high $15.38$8.13 $779.14
52-week low $11.40$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.

MultipleRDYALVO
P/E now vs peer median 31.5xmedian 17.1x -5.1xmedian 17.1x
P/S now vs peer median 3.2xmedian 8.8x 13.6xmedian 8.8x
EV/EBITDA now vs peer median 22.9xmedian 17.1x 29.3xmedian 17.1x
P/FCF now vs peer median 822.9xmedian 18.0x -5.5xmedian 18.0x
P/B now vs peer median 2.8xmedian 2.1x -7.5xmedian 2.1x
PEG now vs peer median -1.48median 0.31 -0.21median 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 monthsRDYALVO
Revenue $3.56B $105.94M
Gross profit $1.76B $7.66M
Operating income $347.04M $47.54M
Net income $299.19M -$179.60M
Free cash flow $13.96M -$261.39M
R&D $244.48M $46.37M
EPS (diluted) $0.44 $-0.90
Cash & equivalents $138.41M $142.80M
Total debt $752.59M $1.31B
Shares (diluted) 833.33M 291.34M
Enterprise value $10.84B $922.56M

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
MetricRDYALVO
P/E 31.5x -5.1x
P/FCF 822.9x -5.5x
P/Operating cash flow 33.8x -7.3x
P/S 3.2x 13.6x
P/B 2.8x -7.5x
P/Tangible book 3.9x -4.3x
EV/EBITDA 22.9x 29.3x
EV/EBIT 34.9x 54.8x
EV/Revenue 3.4x 24.6x
EV/FCF 866.9x -10.0x
EV/Operating cash flow 35.6x -13.1x
PEG (3Y EPS CAGR) -1.48 -0.21

Growth

14 metrics
MetricRDYALVO
Revenue growth (1Y) -10.5% -74.3%
Revenue CAGR (3Y) 3.2% 104.2%
Gross profit growth (1Y) -21.5% -95.0%
Gross profit CAGR (3Y) -2.3% 27.6%
Operating income growth (1Y) -58.2% -13.3%
Operating income CAGR (3Y) -24.1% 28.9%
Net income growth (1Y) -55.9% -383.6%
Net income CAGR (3Y) -21.5% 24.4%
EPS growth (1Y) -54.1% -481.6%
EPS CAGR (3Y) -21.3% 24.6%
Operating cash flow growth (1Y) -39.6% -367.1%
Operating cash flow CAGR (3Y) -27.1% 12.8%
Free cash flow growth (1Y) -98.4% -113.0%
Free cash flow CAGR (3Y) -73.6% 8.6%

Profitability

14 metrics
MetricRDYALVO
Gross margin 49.5% 7.2%
EBITDA margin 14.9% 83.9%
Operating margin 9.7% 44.9%
Pretax margin 10.7% -62.1%
Net margin 10.2% -248.0%
FCF margin 0.4% -246.7%
Operating cash flow margin 9.5% -187.6%
Return on equity 7.4% –
Return on assets 5.0% -17.5%
Return on invested capital 5.6% 4.4%
Return on capital employed 7.9% 4.1%
Asset turnover 0.6x 0.1x
Cash conversion (OCF / net income) 1.1x 1.1x
Stock comp / revenue 0.1% 8.7%

Financial Health

11 metrics
MetricRDYALVO
Debt / assets 12.6% 82.3%
Debt / equity 0.2x -6.8x
Net debt / EBITDA 1.2x 13.1x
Debt / FCF 53.9x -5.0x
Liabilities / assets 32.2% 112.1%
Equity / assets 67.8% -12.1%
Interest coverage 7.2x 0.8x
Current ratio 1.9x 1.6x
Quick ratio 0.7x 1.1x
Cash ratio 0.1x 0.4x
Altman Z-score 5.54 -1.37

Shareholder Returns

7 metrics
MetricRDYALVO
Dividend yield 0.6% –
Net buyback yield -0.1% –
Shareholder yield 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.

ConsensusRDYALVO
Forward P/E 28.7xFY2026 –
EPS, next fiscal year $0.48FY2026 $-0.01FY2026
EPS growth, next FY -11.1%FY2026 –
EPS growth, the year after +20.8% –
Revenue, next fiscal year $3.82BFY2026 $556.32MFY2026
Revenue growth, next FY +8.7%FY2026 -6.2%FY2026
Revenue growth, the year after +3.7% +23.2%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersRDYALVO
Held by institutions 15.1% 14.7%
Institutions holding 238 72
Change in shares held, QoQ +4.3% +152.4%
Institutions buying 107 44
Institutions selling 97 17
Buyers to sellers 1.10 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.

RDYALVO
RDY 1.00 0.07
ALVO 0.07 1.00

Add a Peer

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Frequently Asked Questions

Which is bigger, RDY and ALVO?

Dr Reddys Laboratories (RDY) is the largest by market capitalisation: Dr Reddys Laboratories (RDY) $11.50B, Alvotech (ALVO) $1.36B.

Which company is growing faster?

Dr Reddys Laboratories (RDY) grew revenue fastest over the trailing twelve months: Dr Reddys Laboratories (RDY) -10.5%, Alvotech (ALVO) -74.3%.

Which company is more profitable?

Dr Reddys Laboratories (RDY) has the highest net margin (Dr Reddys Laboratories (RDY) 10.2%, Alvotech (ALVO) -248.0%). On return on invested capital, Dr Reddys Laboratories (RDY) leads (Dr Reddys Laboratories (RDY) 5.6%, Alvotech (ALVO) 4.4%).

Which stock has performed better?

Over the past year Dr Reddys Laboratories (RDY) returned the most: Dr Reddys Laboratories (RDY) -5.6%, Alvotech (ALVO) -45.0%. Over five years, Dr Reddys Laboratories (RDY) compounded fastest (Dr Reddys Laboratories (RDY) +2.3%/yr, Alvotech (ALVO) -14.1%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Dr Reddys Laboratories (RDY) has been the steadiest (Dr Reddys Laboratories (RDY) 27.6%, Alvotech (ALVO) 81.8%). Volatility measures how widely the price swings, not the risk of the business.

Do RDY and ALVO move together?

Their daily returns over the past year have a correlation of 0.07, a weak relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, RDY 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, Dr Reddys Laboratories (RDY) leads on 9. 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.