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Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.
3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. Natural Alternatives International's current 3-Year Share Buyback Ratio was -0.30%.
The historical rank and industry rank for Natural Alternatives International's 3-Year Share Buyback Ratio or its related term are showing as below:
NAII'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -15 Med: -0.35 Max: 71
Current: -0.3
During the past 13 years, Natural Alternatives International's highest 3-Year Share Buyback Ratio was 71.00%. The lowest was -15.00%. And the median was -0.35%.
NAII's 3-Year Share Buyback Ratio is ranked better than 56.1% of 959
companies
in the Consumer Packaged Goods industry
Industry Median: -0.7
vs NAII: -0.30
Natural Alternatives International (NAS:NAII) 3-Year Share Buyback Ratio Explanation
A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.
Be Aware
Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.
Natural Alternatives International 3-Year Share Buyback Ratio Related Terms
NAII vs LIMX, WYGC, COOT: 3-Year Share Buyback Ratio Comparison
For the Packaged Foods subindustry, Natural Alternatives International's 3-Year Share Buyback Ratio, along with its competitors' market caps and 3-Year Share Buyback Ratio 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 3-Year Share Buyback Ratio vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Natural Alternatives International's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Natural Alternatives International's 3-Year Share Buyback Ratio falls into.
Natural Alternatives International 3-Year Share Buyback Ratio Calculation
This is the annualized percentage change in shares outstanding from three years ago to the current year. The annualized percentage change is calculated with expontential compound based on the latest four years of annual data on Shares Outstanding (EOP).
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
What does a 3-Year Share Buyback Ratio of -0.30 mean?
Natural Alternatives International (NAII) has a 3-Year Share Buyback Ratio of -0.30 as of Mar. 2026. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for Natural Alternatives International and its competitors. According to the industry distribution chart, Natural Alternatives International ranks #421 out of 959 companies in the Consumer Packaged Goods industry, placing it in the top 43.9%.
Is Natural Alternatives International's 3-Year Share Buyback Ratio too high?
Natural Alternatives International's current 3-Year Share Buyback Ratio is -0.30. Based on the distribution chart, Natural Alternatives International ranks #421 out of 959 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Natural Alternatives International has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Natural Alternatives International's 3-Year Share Buyback Ratio compare to LIMX and WYGC?
According to the Consumer Packaged Goods industry distribution chart, Natural Alternatives International ranks #421 out of 959 companies for 3-Year Share Buyback Ratio. This puts Natural Alternatives International in the upper half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Share Buyback Ratio for a Consumer Packaged Goods company?
A good 3-Year Share Buyback Ratio depends on the Consumer Packaged Goods industry context. However, 3-Year Share Buyback Ratio 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 3-Year Share Buyback Ratio mean?
A high 3-Year Share Buyback Ratio can signal that a stock is expensive relative to its fundamentals. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for Natural Alternatives International and its competitors. Natural Alternatives International's current 3-Year Share Buyback Ratio is -0.30. 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 $5.26, compared to a current price of $2.27 — trading 56.8% below its estimated fair value. The current 3-Year Share Buyback Ratio is -0.30. Natural Alternatives International's overall GF Score™ is 49/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Share Buyback Ratio calculated?
3-Year Share Buyback Ratio is calculated from a company's financial statements. For Natural Alternatives International (NAII), the current 3-Year Share Buyback Ratio is -0.30 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 $2.27 is trading 56.8% below its estimated GF Value™ of $5.26.
GuruFocus considers Natural Alternatives International to be Possible Value Trap.
Key valuation signals for NAII:
3-Year Share Buyback Ratio: -0.30
GF Value™: $5.26 vs. price of $2.27 (56.8% 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.
49GF Score
Get the complete analysis for NAII
3-Year Share Buyback Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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