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Amneal Pharmaceuticals, Inc (AMRX) Fair Value & Analysis

Healthcare · US · Market cap $5.5B

AP Amneal Pharmaceuticals, Inc logo Amneal Pharmaceuticals, Inc AMRX · US
Price$18.14
Fair Value$9.63
Upside-46.9%
Quality54/100
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Healthy Growth
Thin margins · 4.0% net margin
Negative equity (buybacks among others) · generates free cash flow
Mixed vs. peers (6/11)
Moderate moat 49/100
Evidence: High Range $3.88 – $14.80 Share as image

Fair value as of: Jul 14, 2026

From 23 valuation models · updated 27 days ago

Fair value updated Jul 14, 2026, revised from $9.64 to $9.63 (−0.1%) since Jun 24, 2026. Share price +7.0% over the past month.

A solid business, but screening 47% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case ($14.80). The favourable scenario is already priced in.
  • The model range is unusually wide ($3.88 to $14.80). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • Solid but not exceptional quality (54/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

$19.10 $1.27 Fair Value $9.63 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 14, 2026.

How to read this chart

60‑month range $1.27 – $19.10 · fair‑value band $3.88 – $14.80 · the $18.14 price screens above the $9.63 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 14, 2026.

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Analysis

Amneal Pharmaceuticals, Inc (AMRX) currently trades at $18.14, while our model-based Fair Value estimate is $9.63, implying the stock looks roughly 46.9% overvalued today. The Quality Score stands at 54/100 (solid quality), in the Healthcare sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Amneal Pharmaceuticals, Inc generated revenue of $3.0B at a net margin of 4.0%. Revenue grew 3.9% year over year. Net debt stands at $2.4B. The stock trades on a trailing P/E of 36.5. Fundamentals as of Jul 14, 2026

Our scenario range runs from $3.88 (bear case) to $14.80 (bull case); at $18.14, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The last reported earnings sit well below what analysts expect (earnings in transition, for example after write-downs or an earnings dip); whether the stock is cheap or expensive hinges on the expected recovery actually arriving. Read the fair value with that caveat. The share trades near its 52-week high and 141% above its 52-week low, currently above its 200-day average. For context, the median of 10 Healthcare peers we cover trades at -49% fair-value upside, at -47%, AMRX screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Growth DCF $2.97 $9.62 $20.09 80
Rev-Margin DCF $4.15 $12.48 $23.00 74
ROIC Compounder $4.97 $8.85 $13.85 72
All 23 models by family
DCF Models
FCF DCF $3.02 $10.23 $21.97 38
Owner Earnings $1.36 $7.39 $17.20 31
5Y Revenue Exit $4.15 $12.70 $24.22 39
5Y EBITDA Exit $9.19 $22.87 $39.95 41
5Y P/E Exit $1.49 $4.61 38
10Y Revenue Exit $3.26 $11.08 $22.85 36
10Y EBITDA Exit $6.88 $18.29 $35.48 37
10Y P/E Exit $0.0800 $3.14 $7.11 35
Earnings-Based
Graham-Dodd $1.53 $6.64 $9.08 54
Lynch FV $1.71 $2.44 $3.17 50
PEG = 1.0 $1.71 $2.44 $3.17 46
EPV $3.78 $5.49 $6.97 59
Dividend Discount
Gordon GGM $0.1000 $0.2000 $0.3000 70
DDM Multi-Stage $0.1000 $0.1700 $0.2100 61
Multiples
P/E Multiple $3.72 $4.96 $6.21 63
P/S Multiple $2.88 $3.84 $4.80 58
EV/EBIT $9.83 $15.46 $21.10 53
EV/EBITDA $14.20 $21.29 $28.38 54
EV/Revenue $5.00 $10.16 $15.33 43
Growth DCF
Growth DCF $2.97 $9.62 $20.09 80
Rev-Margin DCF $4.15 $12.48 $23.00 74
Economic Profit
ROIC Compounder $4.97 $8.85 $13.85 72
Growth Earnings
Growth-Adj P/E $2.92 $4.17 $5.42 68

Widest divergence: DCF Models ($10.23) versus Dividend Discount ($0.1700). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) $3.0B
Revenue growth (YoY) +3.9%
Net margin 4.0%
Return on equity -881%
Free cash flow $270M FY2025
P/E ratio 36.5
More key figures
Operating margin 19.6%
EPS (TTM) $0.3700
EPS growth (YoY) +385%
Net debt $2.4B FY2025

Figures from reported company fundamentals · as of Jul 14, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 54/100

Of which business quality 52 · Market factors (momentum, volatility) 80

Profitability 41
Margins and returns on capital today
Quality Growth 72
Are margins and returns improving?
Cashflow 67
Earnings quality: real cash, not paper profit
Fin. Strength 33
Balance sheet, leverage, solvency risk
Investment 99
Disciplined investing over empire-building
Low Volatility 51
Calm price path (market factor)
Momentum 89
Price trend over the last 3–12 months (market factor)
52W Momentum 100
Distance to the 52-week high (market factor)
Net Issuance 14
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Amneal Pharmaceuticals, Inc., a global biopharmaceutical company, develops, manufactures, markets, and distributes generics, injectables, biosimilars, and specialty branded pharmaceutical products in the United States, India, Ireland, and internationally. The company operates through three segments: Affordable Medicines, Specialty, and AvKARE.

Full company description

Amneal Pharmaceuticals, Inc., a global biopharmaceutical company, develops, manufactures, markets, and distributes generics, injectables, biosimilars, and specialty branded pharmaceutical products in the United States, India, Ireland, and internationally. The company operates through three segments: Affordable Medicines, Specialty, and AvKARE. The Affordable Medicines segment offers dosage forms and delivery systems, which include immediate and extended-release oral solids, powders, liquids, sterile injectables, nasal sprays, inhalation and respiratory products, biosimilar products, ophthalmics, films, transdermal patches, and topicals. The Specialty segment develops, promotes, sells, and distributes pharmaceutical products with a focus on central nervous system and endocrine disorders, including Parkinson's disease. This segment provides Rytary, an oral capsule formulation of carbidopa-levodopa to treat Parkinson's disease, post-encephalitic parkinsonism, and parkinsonism; Unithroid and ONGENTYS for the treatment of hypothyroidism; and CREXONT, which is use for the treatment of Parkinson's disease. The AvKARE segment offers pharmaceuticals, medical and surgical products, and services primarily to governmental agencies, the Department of Defense, and the Department of Veterans Affairs. This segment also distributes bottle and unit dose pharmaceuticals under the AvKARE and AvPAK names; and packages and distributes pharmaceuticals and vitamins to its retail and institutional customers. It sells its products through wholesalers, distributors, retail pharmacies, managed care organizations, purchasing co-ops, hospitals, government agencies, institutions, and pharmaceutical companies. The company was formerly known as Atlas Holdings, Inc. and changed its name to Amneal Pharmaceuticals, Inc. in 2018. Amneal Pharmaceuticals, Inc. was founded in 2002 and is headquartered in Bridgewater, New Jersey.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Amneal Pharmaceuticals, Inc reported revenue of $3.0B in FY2025 versus $2.1B in FY2021, a compound +9.6%/yr. Reported net income was $72.1M in FY2025, compounding +61.4%/yr from FY2021.

Growth Quality 78/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
$3.0B
Latest YoY
+8.0%
Avg. growth/yr (3Y)
+10.9%
Avg. growth/yr (5Y)
+8.7%
Avg. growth/yr (11Y)
+13.0%
Revenue +9.6%/yr
FY21 $2.1B
FY22 $2.2B
FY23 $2.4B
FY24 $2.8B
FY25 $3.0B
Net income +61.4%/yr
FY21 $10.6M
FY22 −$130M
FY23 −$84.0M
FY24 −$117M
FY25 $72.1M

AMRX screens 47% overvalued. Compare with Jiangsu Hengrui Pharmaceuticals Co →

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Cite: Fair Value Calculator (2026). "Amneal Pharmaceuticals, Inc Fair Value". https://www.fairvalue-calculator.com/stock/AMRX

Recent news

External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.

Peer Group

Drug Manufacturers - Specialty & Generic · 626 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 54 · Above median
Fair Value upside −47% · Below median
Return on assets 8% · Top 25%
Net margin (TTM) 4% · Below median
Operating margin (TTM) 20% · Top 25%
Revenue growth 4% · Below median

Valuation Multiples vs Drug Manufacturers - Specialty & Generic median · lower = cheaper

P/E (TTM) 46.4× · Pricier than 75% of peers
P/S (TTM) 1.80× · Cheaper than median
P/FCF 20.3× · Pricier than 75% of peers
EV/EBITDA 11.6× · Cheaper than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 7
FUTURE 20 · sector 20
PAST 0 · sector 23
HEALTH 100 · sector 97
DIVIDEND 0 · sector 34

VALUE 0: the price sits above our fair-value range.

PAST 0: with negative equity (buybacks among others) return on equity is not meaningfully computable.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Drug Manufacturers - Specialty & Generic stocks, each showing price versus our Fair Value estimate (as of Jul 14, 2026).

Stock Price Fair Value vs Fair Value
Jiangsu Hengrui Pharmaceuticals Co 600276 ¥53.19 ¥25.94 -51%
Sun Pharmaceutical Industries Limited SUNPHARMA ₹1,933 ₹989.50 -49%
Divi's Laboratories Limited DIVISLAB ₹7,316 ₹1,943 -73%
Torrent Pharmaceuticals Limited TORNTPHARM ₹4,763 ₹1,329 -72%
PharmaEssentia Corporation 6446 1,285 TWD 221.01 TWD -83%
Cipla Limited CIPLA ₹1,439 ₹1,001 -30%
Zydus Lifesciences Limited ZYDUSLIFE ₹1,151 ₹703.32 -39%
Lupin Limited LUPIN ₹2,443 ₹2,477 +1%
Mankind Pharma Limited MANKIND ₹2,484 ₹983.11 -60%
Dr. Reddy's Laboratories Limited DRREDDY ₹1,211 ₹874.79 -28%

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Frequently asked questions

Is Amneal Pharmaceuticals, Inc (AMRX) overvalued or undervalued?
As of Jul 14, 2026, our model estimates a fair value of $9.63 versus a price of $18.14, about −47% (overvalued).
What is the fair value of AMRX?
Our model-based fair value for Amneal Pharmaceuticals, Inc is $9.63 (as of Jul 14, 2026), built from audited fundamentals. The current price is $18.14.
What is the quality score of AMRX?
Amneal Pharmaceuticals, Inc has a Quality Score of 54/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Amneal Pharmaceuticals, Inc (AMRX)?
Amneal Pharmaceuticals, Inc reported trailing-twelve-month revenue of about $3.0B (latest available figure, as of Jul 14, 2026).
What is the net profit margin of AMRX?
The net profit margin of Amneal Pharmaceuticals, Inc is about 4.0%, meaning it keeps roughly 4.0% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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