Elite Pharmaceuticals, Inc. (ELTP)

OTCMKTS: ELTP · Delayed Price · USD
-0.003 (-1.91%)
Nov 27, 2023, 3:59 PM EST - Market closed

Total Valuation

ELTP has a market cap or net worth of $148.44 million. The enterprise value is $147.44 million.

Market Cap 148.44M
Enterprise Value 147.44M

Important Dates

The last earnings date was Monday, August 14, 2023, after market close.

Earnings Date Aug 14, 2023
Ex-Dividend Date n/a

Share Statistics

ELTP has 1.01 billion shares outstanding. The number of shares has increased by 0.70% in one year.

Shares Outstanding 1.01B
Shares Change (YoY) +0.70%
Shares Change (QoQ) +0.47%
Owned by Insiders (%) 17.27%
Owned by Institutions (%) n/a
Float 787.50M

Valuation Ratios

The trailing PE ratio is 12.03.

PE Ratio 12.03
Forward PE n/a
PS Ratio 3.62
Forward PS n/a
PB Ratio 3.29
P/FCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings 8.27
EV / Sales 3.59
EV / EBITDA 21.84
EV / EBIT 27.25
EV / FCF n/a

Financial Position

The company has a current ratio of 1.82, with a Debt / Equity ratio of 0.17.

Current Ratio 1.82
Quick Ratio 1.00
Debt / Equity 0.17
Debt / EBITDA 1.13
Debt / FCF n/a
Interest Coverage 6.11

Financial Efficiency

Return on equity (ROE) is 39.51% and return on invested capital (ROIC) is 240.17%.

Return on Equity (ROE) 39.51%
Return on Assets (ROA) 25.19%
Return on Capital (ROIC) 240.17%
Revenue Per Employee $774,130
Profits Per Employee $336,174
Employee Count 53
Asset Turnover 0.78
Inventory Turnover 1.89


Income Tax -17.10M
Effective Tax Rate -2,384.13%

Stock Price Statistics

The stock price has increased by +326.59% in the last 52 weeks. The beta is -0.04, so ELTP's price volatility has been lower than the market average.

Beta (1Y) -0.04
52-Week Price Change +326.59%
50-Day Moving Average 0.11
200-Day Moving Average 0.06
Relative Strength Index (RSI) 68.26
Average Volume (30 Days) 1,253,222

Short Selling Information

The latest short interest is 757,074, so 0.07% of the outstanding shares have been sold short.

Short Interest 757,074
Short Previous Month 1.34M
Short % of Shares Out 0.07%
Short % of Float 0.10%
Short Ratio (days to cover) 0.87

Income Statement

In the last 12 months, ELTP had revenue of $41.03 million and earned $17.82 million in profits. Earnings per share was $0.01.

Revenue 41.03M
Gross Profit 19.56M
Operating Income 5.10M
Pretax Income 717,243
Net Income 17.82M
EBIT 5.41M
Earnings Per Share (EPS) $0.01
Full Income Statement

Balance Sheet

The company has $8.65 million in cash and $7.65 million in debt, giving a net cash position of $1.00 million or $0.00 per share.

Cash & Cash Equivalents 8.65M
Total Debt 7.65M
Net Cash 1.00M
Net Cash Per Share $0.00
Equity / Book Value 45.09M
Book Value Per Share 0.04
Working Capital 15.65M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$544,947 and capital expenditures -$536,922, giving a free cash flow of -$1.08 million.

Operating Cash Flow -544,947
Capital Expenditures -536,922
Free Cash Flow -1.08M
FCF Per Share -$0.00
Full Cash Flow Statement


Gross margin is 47.67%, with operating and profit margins of 12.43% and 43.43%.

Gross Margin 47.67%
Operating Margin 12.43%
Pretax Margin 1.75%
Profit Margin 43.43%
EBITDA Margin 16.45%
EBIT Margin 13.19%
FCF Margin -2.64%

Dividends & Yields

ELTP does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Earnings Yield 12.00%
FCF Yield -0.73%
Dividend Growth (YoY) n/a
Payout Ratio n/a
Buyback Yield -0.70%
Shareholder Yield -0.70%

Analyst Forecast

Price Target n/a
Price Target Difference n/a
Analyst Consensus n/a
Analyst Count n/a
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a


ELTP has an Altman Z-Score of 2.19 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.19
Piotroski F-Score 4