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The historical rank and industry rank for Natural Alternatives International's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
NAII'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -15.36 Med: 12.76 Max: 43.79
Current: -12.24
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Natural Alternatives International was 43.79%. The lowest was -15.36%. And the median was 12.76%.
NAII's Earnings Yield (Joel Greenblatt) % is ranked worse than 92.13% of 2032
companies
in the Consumer Packaged Goods industry
Industry Median: 6.065
vs NAII: -12.24
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Natural Alternatives International's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 0.00%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.
Natural Alternatives International (NAS:NAII) Earnings Yield (Joel Greenblatt) % Explanation
Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.
Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.
Be Aware
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Natural Alternatives International Earnings Yield (Joel Greenblatt) % Chart
For the Packaged Foods subindustry, Natural Alternatives International's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Natural Alternatives International Earnings Yield (Joel Greenblatt) % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Natural Alternatives International's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Natural Alternatives International's Earnings Yield (Joel Greenblatt) % falls into.
Natural Alternatives International Earnings Yield (Joel Greenblatt) % Calculation
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Natural Alternatives International's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-8.7 Mil.
What does a Earnings Yield (Joel Greenblatt) % of -11.95% mean?
Natural Alternatives International (NAII) has a Earnings Yield (Joel Greenblatt) % of -11.95% as of Mar. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Natural Alternatives International and its competitors. According to the industry distribution chart, Natural Alternatives International ranks #1872 out of 2032 companies in the Consumer Packaged Goods industry, placing it in the top 92.1%.
Is Natural Alternatives International's Earnings Yield (Joel Greenblatt) % too high?
Natural Alternatives International's current Earnings Yield (Joel Greenblatt) % is -11.95%. Based on the distribution chart, Natural Alternatives International ranks #1872 out of 2032 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Natural Alternatives International has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Natural Alternatives International's Earnings Yield (Joel Greenblatt) % compare to LIMX and WYGC?
According to the Consumer Packaged Goods industry distribution chart, Natural Alternatives International ranks #1872 out of 2032 companies for Earnings Yield (Joel Greenblatt) %. This places Natural Alternatives International in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.07. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for a Consumer Packaged Goods company?
The median Earnings Yield (Joel Greenblatt) % among Consumer Packaged Goods companies is 6.07, based on 2,032 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Natural Alternatives International and its competitors. For the Consumer Packaged Goods industry, the median Earnings Yield (Joel Greenblatt) % is 6.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Natural Alternatives International's current Earnings Yield (Joel Greenblatt) % is -11.95%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Natural Alternatives International stock overvalued right now?
Based on GuruFocus' analysis, Natural Alternatives International (NAII) is currently considered Possible Value Trap. The stock's GF Value™ is $5.27, compared to a current price of $2.35 — trading 55.4% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is -11.95%. Natural Alternatives International's overall GF Score™ is 48/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For Natural Alternatives International (NAII), the current Earnings Yield (Joel Greenblatt) % is -11.95% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Natural Alternatives International (NAII) Overvalued in 2026?
Based on GuruFocus' analysis, Natural Alternatives International stock appears to be undervalued.
The current stock price of $2.35 is trading 55.4% below its estimated GF Value™ of $5.27.
GuruFocus considers Natural Alternatives International to be Possible Value Trap.
Key valuation signals for NAII:
Earnings Yield (Joel Greenblatt) %: -11.95%
GF Value™: $5.27 vs. price of $2.35 (55.4% below fair value)
No single metric tells the full story. See the NAII stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Natural Alternatives International Business Description
Natural Alternatives International Inc is engaged in formulating, manufacturing, and marketing nutritional supplements. It offers vitamins, minerals, herbs, and other supplements, as well as other healthcare products, to customers within the United States and internationally. Its business activity is operated through Private-Label Contract Manufacturing and Patent & Trademark Licensing segments. The company derives the majority of revenue from Private-Label Contract Manufacturing, which is engaged in providing manufacturing services to companies that market and distribute nutritional supplements and other healthcare products, whereas the Patent and Trademark Licensing segment includes royalty income from its license and supply agreements associated with the sale.
48GF Score
Get the complete analysis for NAII
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