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The historical rank and industry rank for Natural Alternatives International's Net Cash per Share or its related term are showing as below:
During the past 13 years, the highest Price-to-Net-Cash Ratio of Natural Alternatives International was 35.48. The lowest was 4.22. And the median was 9.31.
NAII's Price-to-Net-Cash is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 8.35 * Ranked among companies with meaningful Price-to-Net-Cash only.
Natural Alternatives International (NAS:NAII) Net Cash per Share Explanation
Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.
You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.
Natural Alternatives International Net Cash per Share Related Terms
Natural Alternatives International Net Cash per Share Historical Data
* 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 Net Cash per Share Chart
NAII vs LIMX, WYGC, COOT: Net Cash per Share Comparison
For the Packaged Foods subindustry, Natural Alternatives International's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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 Price-to-Net-Cash vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Natural Alternatives International's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Natural Alternatives International's Price-to-Net-Cash falls into.
Natural Alternatives International Net Cash per Share Calculation
In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.
* 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 (NAII) has a Net Cash per Share of $-13.16 as of Mar. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Natural Alternatives International and its competitors. According to the industry distribution chart, Natural Alternatives International ranks #999999 out of 325 companies in the Consumer Packaged Goods industry.
Is Natural Alternatives International's Net Cash per Share too high?
Natural Alternatives International's current Net Cash per Share is $-13.16. Based on the distribution chart, Natural Alternatives International ranks #999999 out of 325 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 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Natural Alternatives International's Net Cash per Share compare to LIMX and WYGC?
According to the Consumer Packaged Goods industry distribution chart, Natural Alternatives International ranks #999999 out of 325 companies for Net Cash per Share. This places Natural Alternatives International in the lower half of its industry. The industry median Net Cash per Share is 8.35. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for a Consumer Packaged Goods company?
The median Net Cash per Share among Consumer Packaged Goods companies is 8.35, based on 325 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share 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 Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Natural Alternatives International and its competitors. For the Consumer Packaged Goods industry, the median Net Cash per Share is 8.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Natural Alternatives International's current Net Cash per Share is $-13.16. 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 $5.24, compared to a current price of $2.22 — trading 57.6% below its estimated fair value. The current Net Cash per Share is $-13.16. Natural Alternatives International's overall GF Score™ is 53/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For Natural Alternatives International (NAII), the current Net Cash per Share is $-13.16 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 $2.22 is trading 57.6% below its estimated GF Value™ of $5.24.
GuruFocus considers Natural Alternatives International to be Possible Value Trap.
Key valuation signals for NAII:
Net Cash per Share: $-13.16
GF Value™: $5.24 vs. price of $2.22 (57.6% 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 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.
53GF Score
Get the complete analysis for NAII
Net Cash per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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