Replies to post #446069 on Elite Pharmaceuticals Inc (ELTP)

[Bngo]

IB,It is very baffling why ELTP is at ~$0.35. 

With simple math and from fundamentals, Elite should be at least $0.80 per share without the Trump tariff wild card and what is in the pipeline.

EPS $0.04 x ~20 PE ratio = share price of $0.80

https://fullratio.com/pe-ratio-by-industry

1. Generic OxyContin  2. Generic Eliquis  3. Dexcel possible expansion of sales in Israel with generic Adderal XR and generic Vyvanse   4. Multiple needle movers drugs in BE studies?

What is the Fair Price of ELTP when looking at its future cash flow? 

For this estimate we use a Discounted Cash Flow model.  

$2.55 cash flow value from Google AI
 86.4% undervalued 


https://simplywall.st/stocks/us/pharmaceuticals-biotech/otc-eltp/elite-pharmaceuticals

Any press releases from what I listed above will rocket ELTP again.

I am not a stock analyst, so I try to get my information from a neutral, unbiased source from Google AI and Grok AI to see where ELTP price should be.
 $0.80 per share seems to be a minimum and as high as $2.55 without the tariff and pipeline. 
I am hoping $2.55 is the minimum acquisition price… look at AMRX as a clue how high Elite and rocket up at ~33 P/E ratio
At ~33 P/E, then Elite should be at $1.32 right now 

[NASDAQ2020]

What time of year is it best for THE ELTP Vegas celebration ??