TEVA vs ALVO vs ELTP Stock Comparison

Teva Pharmaceutical Industries, Alvotech and Elite Pharmaceuticals Prices as of Oct 23, 2026 Peers: Industry group
ALVO Alvotech
$4.58 -21.2% 1M -43.8% 1Y
Market cap
$1.34B
P/E
–
Revenue (TTM)
$105.94M
Div. yield
–
Generic Drugs Healthcare

Head to Head

10 decided of 12

Elite Pharmaceuticals leads on 7 of the 12 questions below (Elite Pharmaceuticals 7, Teva Pharmaceutical Industries 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionTEVAALVOELTPLeader
Larger companyMarket capitalisation $46.50B $1.34B $255.41M TEVA
Cheaper on earningsLower P/E, profitable companies only 65.9x -5.1x 4.5x ELTP
Cheaper on forward earningsLower price / next fiscal year consensus EPS 20.7x — — –
Faster revenue growthRevenue growth, trailing twelve months +4.1% -74.3% +33.7% ELTP
More profitableNet margin, trailing twelve months 4.1% -248.0% 40.2% ELTP
Better return on capitalReturn on invested capital 6.4% 4.4% 29.2% ELTP
Less leveragedLower net debt / EBITDA 5.0x 13.1x -1.0x ELTP
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +107.2% -43.8% -59.0% TEVA
Better 5-year returnAnnualised price return, 5 years +31.2%/yr -14.1%/yr +44.3%/yr ELTP
Less volatileAnnualised volatility, 1 year 38.0% 81.7% 57.4% TEVA
Higher overall scoreMean of the five percentile scores vs peers 66/100 47/100 88/100 ELTP

Percentile Scorecard

TEVAALVOELTP

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

AxisTEVAALVOELTP
Valuation 84 #101 of 624 71 #179 of 624 98 #16 of 624
Growth 83 #102 of 603 34 #396 of 603 91 #53 of 603
Profitability 86 #79 of 555 68 #177 of 555 91 #50 of 555
Financial Health 11 #586 of 657 15 #557 of 657 76 #157 of 657
Shareholder Returns – – 86 #54 of 370
Overall 66 47 88
  • TEVA ranked among 671 companies in Pharmaceuticals and Biotechnology
  • ALVO ranked among 671 companies in Pharmaceuticals and Biotechnology
  • ELTP 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

PeriodTEVAALVOELTPSPY
1 month +0.9%-21.2%0.0% -1.0%
3 months +27.8%+49.7%-35.9% +2.9%
6 months +28.6%+35.5%-30.6% +6.4%
Year to date +26.2%-10.7%-49.0% +11.4%
1 year +107.2%-43.8%-59.0% +13.1%
3 years +381.1%-47.7%+78.6% +79.4%
3 years, per year +68.9%-19.5%+21.3% +21.5%
5 years +288.9%-53.3%+525.0% +67.7%
5 years, per year +31.2%-14.1%+44.3% +10.9%
10 years -10.5%—+56.3% +255.2%
10 years, per year -1.1%—+4.6% +13.5%

Risk

MeasureTEVAALVOELTPSPY
Volatility, 1Y 38.0%81.7%57.4% 12.7%
Downside volatility, 1Y 27.1%85.9%71.3% 12.7%
Beta vs S&P 500, 1Y 0.750.710.71 1.00
Return / volatility, 1Y 2.82-0.54-1.03 1.03
Max drawdown, 5Y -43.7%-82.6%-71.4% -25.4%
From 52-week high -5.0%-45.5%-63.2% -2.5%
52-week high $41.49$8.40$0.68 $779.14
52-week low $18.95$3.00$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.

MultipleTEVAALVOELTP
P/E now vs peer median 65.0xmedian 17.2x -5.1xmedian 17.2x 4.8xmedian 17.2x
P/S now vs peer median 2.7xmedian 8.8x 13.5xmedian 8.8x 1.9xmedian 8.8x
EV/EBITDA now vs peer median 22.7xmedian 16.0x 29.2xmedian 16.0x 6.4xmedian 16.0x
P/FCF now vs peer median 34.1xmedian 17.8x -5.5xmedian 17.8x 15.4xmedian 17.8x
P/B now vs peer median 5.9xmedian 2.1x -7.5xmedian 2.1x 2.6xmedian 2.1x
PEG now vs peer median 2.04median 0.32 -0.21median 0.32 0.04median 0.32

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 monthsTEVAALVOELTP
Revenue $17.32B $105.94M $141.01M
Gross profit $9.09B $7.66M $61.31M
Operating income $1.60B $47.54M $34.94M
Net income $708.00M -$179.60M $56.67M
Free cash flow $1.35B -$261.39M $17.53M
R&D $1.72B $46.37M $6.10M
EPS (diluted) $0.61 $-0.90 $0.05
Cash & equivalents $3.66B $142.80M $39.42M
Total debt $66.82B $1.31B $9.58M
Shares (diluted) 1.17B 291.34M 1.13B
Enterprise value $33.35B $902.28M $137.08M

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
MetricTEVAALVOELTP
P/E 65.0x -5.1x 4.8x
P/FCF 34.1x -5.5x 15.4x
P/Operating cash flow 24.2x -7.2x 14.1x
P/S 2.7x 13.5x 1.9x
P/B 5.9x -7.5x 2.6x
P/Tangible book 10.7x -4.3x 2.7x
EV/EBITDA 22.7x 29.2x 6.4x
EV/EBIT 36.7x 54.5x 6.6x
EV/Revenue 3.4x 24.5x 1.6x
EV/FCF 43.7x -9.9x 13.3x
EV/Operating cash flow 31.0x -13.0x 12.2x
PEG (3Y EPS CAGR) 2.04 -0.21 0.04

Growth

14 metrics
MetricTEVAALVOELTP
Revenue growth (1Y) 4.1% -74.3% 33.7%
Revenue CAGR (3Y) 4.9% 104.2% 58.4%
Gross profit growth (1Y) 10.1% -95.0% 4.2%
Gross profit CAGR (3Y) 10.0% 27.6% 53.5%
Operating income growth (1Y) 79.3% -13.3% -6.7%
Operating income CAGR (3Y) 49.7% 28.9% 101.7%
Net income growth (1Y) 438.8% -383.6% 624.0%
Net income CAGR (3Y) 31.8% 24.4% 134.4%
EPS growth (1Y) 545.3% -481.6% 596.0%
EPS CAGR (3Y) 31.8% 24.6% 118.3%
Operating cash flow growth (1Y) 36.5% -367.1% -0.2%
Operating cash flow CAGR (3Y) 3.8% 12.8% 152.2%
Free cash flow growth (1Y) 51.5% -113.0% -2.8%
Free cash flow CAGR (3Y) 4.7% 8.6% 81.0%

Profitability

14 metrics
MetricTEVAALVOELTP
Gross margin 52.5% 7.2% 43.5%
EBITDA margin 15.0% 83.9% 25.9%
Operating margin 9.3% 44.9% 24.8%
Pretax margin 4.1% -62.1% 46.2%
Net margin 4.1% -248.0% 40.2%
FCF margin 7.8% -246.7% 12.4%
Operating cash flow margin 11.0% -187.6% 13.5%
Return on equity 8.9% – 55.6%
Return on assets 1.8% -17.5% 40.8%
Return on invested capital 6.4% 4.4% 29.2%
Return on capital employed 6.6% 4.1% 32.2%
Asset turnover 0.4x 0.1x 1.0x
Cash conversion (OCF / net income) 2.7x 1.1x 0.3x
Stock comp / revenue 1.0% 8.7% 0.1%

Financial Health

11 metrics
MetricTEVAALVOELTP
Debt / assets 41.6% 82.3% 1.7%
Debt / equity 2.1x -6.8x 0.0x
Net debt / EBITDA 5.0x 13.1x -1.0x
Debt / FCF 12.3x -5.0x 0.1x
Liabilities / assets 80.5% 112.1% 24.9%
Equity / assets 19.5% -12.1% 75.1%
Interest coverage – 0.8x 69.4x
Current ratio 0.9x 1.6x 3.8x
Quick ratio 0.5x 1.1x 3.0x
Cash ratio 0.2x 0.4x 1.3x
Altman Z-score 0.88 -1.37 6.49

Shareholder Returns

7 metrics
MetricTEVAALVOELTP
Dividend yield – – –
Net buyback yield – – -0.1%
Shareholder yield 0.0% – -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.

ConsensusTEVAALVOELTP
Forward P/E 20.7xFY2026 – –
EPS, next fiscal year $1.90FY2026 $-0.02FY2026 –
EPS growth, next FY -33.3%FY2026 – –
EPS growth, the year after +66.3% – –
Revenue, next fiscal year $15.47BFY2026 $591.36MFY2026 –
Revenue growth, next FY -7.8%FY2026 -0.3%FY2026 –
Revenue growth, the year after +17.0% +20.3% –

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersTEVAALVOELTP
Held by institutions 62.7% 14.7% 0.0%
Institutions holding 670 72 1
Change in shares held, QoQ +8.6% +152.4% –
Institutions buying 359 44 1
Institutions selling 190 17 0
Buyers to sellers 1.89 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.

TEVAALVOELTP
TEVA 1.00 0.13 -0.04
ALVO 0.13 1.00 0.00
ELTP -0.04 0.00 1.00

Add a Peer

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Frequently Asked Questions

Which is bigger, TEVA, ALVO and ELTP?

Teva Pharmaceutical Industries (TEVA) is the largest by market capitalisation: Teva Pharmaceutical Industries (TEVA) $46.50B, Alvotech (ALVO) $1.34B, Elite Pharmaceuticals (ELTP) $255.41M.

Which stock is cheaper, TEVA, ALVO and ELTP?

Elite Pharmaceuticals (ELTP) trades on the lowest price-to-earnings ratio (Teva Pharmaceutical Industries (TEVA) 65.9x, Alvotech (ALVO) -5.1x, Elite Pharmaceuticals (ELTP) 4.5x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Elite Pharmaceuticals (ELTP) grew revenue fastest over the trailing twelve months: Teva Pharmaceutical Industries (TEVA) +4.1%, Alvotech (ALVO) -74.3%, Elite Pharmaceuticals (ELTP) +33.7%.

Which company is more profitable?

Elite Pharmaceuticals (ELTP) has the highest net margin (Teva Pharmaceutical Industries (TEVA) 4.1%, Alvotech (ALVO) -248.0%, Elite Pharmaceuticals (ELTP) 40.2%). On return on invested capital, Elite Pharmaceuticals (ELTP) leads (Teva Pharmaceutical Industries (TEVA) 6.4%, Alvotech (ALVO) 4.4%, Elite Pharmaceuticals (ELTP) 29.2%).

Which stock has performed better?

Over the past year Teva Pharmaceutical Industries (TEVA) returned the most: Teva Pharmaceutical Industries (TEVA) +107.2%, Alvotech (ALVO) -43.8%, Elite Pharmaceuticals (ELTP) -59.0%. Over five years, Elite Pharmaceuticals (ELTP) compounded fastest (Teva Pharmaceutical Industries (TEVA) +31.2%/yr, Alvotech (ALVO) -14.1%/yr, Elite Pharmaceuticals (ELTP) +44.3%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Teva Pharmaceutical Industries (TEVA) has been the steadiest (Teva Pharmaceutical Industries (TEVA) 38.0%, Alvotech (ALVO) 81.7%, Elite Pharmaceuticals (ELTP) 57.4%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, TEVA, ALVO 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 7. 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.