Natural Alternatives International, Inc. (NAII) Financial Ratios
30 years of historical data (1995–2024) · Consumer Defensive · Packaged Foods
EV/EBITDA
↓
N/A
—
5yr avg: 4.59
30Y Low2.9·High60.7
P/FCF
↑
6.71
↓-12% vs avg
5yr avg: 7.63
30Y Low3.8·High132.8
P/B Ratio
↓
0.22
↓-67% vs avg
5yr avg: 0.65
30Y Low0.3·High4.2
ROE
↓
-18.0%
↑-2767% vs avg
5yr avg: 0.7%
30Y Low-27%·High25%
Debt/EBITDA
↑
N/A
—
5yr avg: 1.69
30Y Low0.1·High16.6
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
NAII Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Natural Alternatives International, Inc. currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis. On a free-cash-flow basis, the stock trades at 6.7x P/FCF, 12% below the 5-year average of 7.6x.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $16M | $20M | $35M | $42M | $64M | $107M | $46M | $83M | $70M | $66M | $73M |
| Enterprise Value | $62M | $66M | $84M | $60M | $74M | $92M | $44M | $58M | $46M | $38M | $54M |
| P/E Ratio → | -1.09 | — | — | 16.74 | 6.00 | 9.96 | — | 12.67 | 13.90 | 9.13 | 7.67 |
| P/S Ratio | 0.12 | 0.15 | 0.31 | 0.27 | 0.38 | 0.60 | 0.39 | 0.60 | 0.53 | 0.54 | 0.64 |
| P/B Ratio | 0.22 | 0.29 | 0.43 | 0.48 | 0.73 | 1.34 | 0.64 | 1.09 | 1.02 | 1.08 | 1.36 |
| P/FCF | 6.71 | 8.42 | — | — | — | 6.84 | — | 66.90 | — | 7.54 | — |
| P/OCF | 2.62 | 3.29 | — | 6.03 | 5.42 | 5.16 | 12.41 | 12.61 | 38.13 | 4.68 | 7.90 |
P/E links to full P/E history page with 30-year chart
NAII EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.51 | 0.74 | 0.39 | 0.43 | 0.51 | 0.37 | 0.42 | 0.35 | 0.31 | 0.47 |
| EV / EBITDA | — | — | — | 5.06 | 3.61 | 5.09 | 18.00 | 6.12 | 3.72 | 3.18 | 3.82 |
| EV / EBIT | — | — | — | 14.89 | 5.40 | 7.49 | 89.82 | 7.23 | 3.72 | 3.79 | 3.95 |
| EV / FCF | — | 28.56 | — | — | — | 5.84 | — | 46.66 | — | 4.37 | — |
NAII Profitability
Margins and return-on-capital ratios measuring operating efficiency
Natural Alternatives International, Inc. earns an operating margin of -6.7%, below the Consumer Defensive sector average of 3.4%. Operating margins have compressed from 3.1% to -6.7% over the past 3 years, signaling potential cost pressures or competitive headwinds. A negative ROE of -18.0% indicates the company is currently destroying shareholder equity.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 7.2% | 7.2% | 6.0% | 11.8% | 17.8% | 17.1% | 15.9% | 17.0% | 19.9% | 21.5% | 22.1% |
| Operating Margin | -6.7% | -6.7% | -7.5% | 3.1% | 8.0% | 7.7% | -1.3% | 4.3% | 7.2% | 8.0% | 10.7% |
| Net Profit Margin | -10.5% | -10.5% | -6.3% | 1.6% | 6.3% | 6.0% | -1.4% | 4.7% | 3.8% | 5.9% | 8.4% |
Return on Capital
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -18.0% | -18.0% | -8.4% | 2.8% | 12.7% | 14.2% | -2.2% | 9.1% | 7.8% | 12.6% | 19.6% |
| ROA | -8.6% | -8.6% | -4.9% | 1.8% | 8.0% | 9.0% | -1.5% | 7.3% | 6.4% | 9.9% | 14.9% |
| ROIC | -5.3% | -5.3% | -5.4% | 3.5% | 12.6% | 15.3% | -1.9% | 9.3% | 18.3% | 21.6% | 31.0% |
| ROCE | -6.6% | -6.6% | -6.6% | 3.9% | 12.4% | 14.3% | -1.8% | 7.9% | 14.3% | 16.5% | 24.6% |
NAII Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Net debt stands at $47M ($59M total debt minus $12M cash).
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.86 | 0.86 | 0.73 | 0.35 | 0.36 | 0.21 | 0.40 | — | — | — | — |
| Debt / EBITDA | — | — | — | 2.62 | 1.55 | 0.92 | 11.75 | — | — | — | — |
| Net Debt / Equity | — | 0.68 | 0.58 | 0.20 | 0.11 | -0.20 | -0.02 | -0.33 | -0.35 | -0.46 | -0.37 |
| Net Debt / EBITDA | — | — | — | 1.47 | 0.49 | -0.87 | -0.69 | -2.66 | -1.90 | -2.30 | -1.41 |
| Debt / FCF | — | 20.15 | — | — | — | -1.00 | — | -20.24 | — | -3.17 | — |
| Interest Coverage | -7.93 | -7.93 | -25.22 | 8.88 | 165.57 | 103.75 | 7.33 | 275.24 | 1381.44 | 3371.33 | — |
NAII Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Natural Alternatives International, Inc.'s current ratio of 2.06x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The quick ratio of 1.19x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has declined from 3.59x to 2.06x over the past 3 years.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.06 | 2.06 | 2.63 | 3.59 | 3.21 | 3.64 | 2.84 | 5.01 | 4.56 | 5.03 | 2.91 |
| Quick Ratio | 1.19 | 1.19 | 1.59 | 1.72 | 1.85 | 2.42 | 1.84 | 3.18 | 2.91 | 3.70 | 1.83 |
| Cash Ratio | 0.43 | 0.43 | 0.51 | 0.86 | 0.91 | 1.46 | 1.10 | 1.76 | 1.65 | 2.71 | 1.03 |
| Asset Turnover | — | 0.85 | 0.70 | 1.15 | 1.17 | 1.48 | 0.99 | 1.48 | 1.55 | 1.68 | 1.54 |
| Inventory Turnover | 4.85 | 4.85 | 4.41 | 4.58 | 4.33 | 5.48 | 3.58 | 4.41 | 4.50 | 6.97 | 4.28 |
| Days Sales Outstanding | — | 41.94 | 54.18 | 17.36 | 37.34 | 38.93 | 54.80 | 44.51 | 40.30 | 25.95 | 42.29 |
NAII Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Natural Alternatives International, Inc. returns 1.1% to shareholders annually primarily through share buybacks.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | 6.0% | 16.7% | 10.0% | — | 7.9% | 7.2% | 11.0% | 13.0% |
| FCF Yield | 14.9% | 11.9% | — | — | — | 14.6% | — | 1.5% | — | 13.3% | — |
| Buyback Yield | 1.1% | 0.9% | 0.6% | 3.6% | 8.6% | 3.9% | 8.2% | 1.7% | 0.7% | 1.1% | 0.9% |
| Total Shareholder Yield | 1.1% | 0.9% | 0.6% | 3.6% | 8.6% | 3.9% | 8.2% | 1.7% | 0.7% | 1.1% | 0.9% |
| Shares Outstanding | — | $6M | $6M | $6M | $6M | $6M | $7M | $7M | $7M | $7M | $7M |
Peer Comparison
Compare NAII with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 NAIIYou | $16M | -1.1 | — | 6.7 | 7.2% | -6.7% | -18.0% | -5.3% | — |
 NATR | $359M | 19.2 | 7.4 | 12.4 | 72.4% | 5.2% | 12.1% | 21.0% | 0.5 |
 MGPI | $347M | -3.3 | — | 4.6 | 37.2% | -17.6% | -13.9% | -6.7% | — |
 USNA | $349M | 32.6 | 2.3 | 40.9 | 78.3% | 5.5% | 1.8% | 8.6% | 0.2 |
 HLF | $1B | 5.5 | 5.8 | 5.0 | 75.6% | 8.8% | — | 24.3% | 4.2 |
 PLNT | $4B | 19.5 | 7.5 | 15.9 | 82.6% | 29.8% | — | 35.2% | 0.8 |
 NNBR | $142M | -2.5 | 19.3 | 19.7 | 5.7% | -4.3% | -30.8% | -4.5% | 11.9 |
 VITL | $432M | 7.0 | 4.2 | — | 37.6% | 11.6% | 21.4% | 26.9% | 0.5 |
 AMZN | $2.5T | 32.5 | 17.6 | 325.3 | 50.3% | 11.2% | 22.3% | 14.7% | 1.0 |
 WMT | $934B | 42.9 | 22.5 | 62.6 | 24.9% | 4.2% | 21.5% | 14.4% | 1.5 |
 COST | $422B | 52.2 | 32.5 | 53.8 | 12.8% | 3.8% | 30.7% | 34.5% | 0.6 |
| Consumer Defensive Median | — | 18.7 | 11.0 | 15.6 | 40.7% | 3.4% | 6.5% | 5.7% | 3.5 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 30 years · Updated daily
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10-year return with dividends reinvested.
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NAII — Frequently Asked Questions
Quick answers to the most common questions about buying NAII stock.
What is Natural Alternatives International, Inc.'s P/E ratio?
Natural Alternatives International, Inc.'s current P/E ratio is -1.1x. The historical average is 15.8x.
What is Natural Alternatives International, Inc.'s ROE?
Natural Alternatives International, Inc.'s return on equity (ROE) is -18.0%. The historical average is 4.3%.
Is NAII stock overvalued?
Based on historical data, Natural Alternatives International, Inc. is trading at a P/E of -1.1x. Compare with industry peers and growth rates for a complete picture.
What are Natural Alternatives International, Inc.'s profit margins?
Natural Alternatives International, Inc. has 7.2% gross margin and -6.7% operating margin.