AMPH

Amphastar Pharmaceuticals, Inc.

Healthcare · $1.2B market cap

Verdict

Share price

$25.43

close of Oct 3, 2026

Fair value

$32.13

Sticker Price

Payback Price

$12.85

buy price

Undervalued

AMPH is Undervalued: at $25.43 it trades 21% below its fair value of $32.13. Its buy price (Payback Price) is $12.85, 49% below today's price. Business quality is strong: 4 of 5 key numbers clear the 10% bar.

How we valued it

Free Cash Flow. Sales grew 13% a year over the last 3 years, below the 15% we look for in a fast grower, so we value it on its free cash flow instead of an earnings forecast.

Business quality

4 of 5 clear the 10% bar. What are the Big Five?

Earnings per share growth28.5% a year✓
Equity per share growth9.9% a year✗
Sales growth12.4% a year✓
Free cash flow growth25.8% a year✓
Return on invested capital10.7%✓

Follow AMPH

Get notified when it reaches its buy price of $12.85. Free.

Create a free account

Superinvestors

1 of the investors we track holds AMPH. In Q1 2026, 1 trimmed. Who we track

Moves in Q1 2026

Trimmed: Howard Marks

Insider activity

Since Jul 9, 2026: no open-market purchases, 3 sales worth $421K and 3 other filings (stock awards, tax withholding and similar). Why purchases matter

Sales

Other filings

About Amphastar Pharmaceuticals, Inc.

Amphastar Pharmaceuticals, Inc., established in 1996 and based in Rancho Cucamonga, California, functions as a biopharmaceutical enterprise. The company is engaged in the creation, production, commercialization, and distribution of both generic and proprietary pharmaceutical products, which include injectables, inhalants, and intranasal formulations. Its market presence extends across the United States, China, and…

Drug Manufacturers - Specialty & Generic

Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of the close of Oct 3, 2026. How the Payback Price works