NATURAL ALTERNATIVES INTERNATIONAL INC NAII
NATURAL ALTERNATIVES INTERNATIONAL INC (NAII) earns a Piotroski F-score of 5/9 (mixed financial health), with an Altman Z″ in the safe zone. It does not currently pay a dividend. FY2025 revenue was $129.9M at a -10.5% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Beneish M-score: -3.33 — low (below −2.22 — no manipulation red flag) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.
Smart money · insiders, last 12 months
Open-market insider purchases minus sells (SEC Form 4) — real buying with their own money is a bullish “smart money” signal; grants and option exercises are excluded.
How it ranks in Manufacturing · percentile among 1957 companies
Percentile vs other Manufacturing companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 5/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · safe zone
| Component | Value |
|---|---|
| Working capital / assets | 0.201 |
| Retained earnings / assets | 0.391 |
| EBIT / assets | -0.057 |
| Equity / liabilities | 0.819 |
Sector peers · similar-size Manufacturing companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| NAII | NATURAL ALTERNATIVES INTERNATIONAL INC | 5/9 | 3.07 | — | +14.1% |
| NAGE | Niagen Bioscience, Inc. | 5/9 | 3.42 | 15.7 | +29.9% |
| MTEX | MANNATECH INC | 2/9 | -1.37 | — | -8.3% |
| MRMD | MARIMED INC. | 4/9 | -1.76 | — | +1.3% |
| GLAS | Glass House Brands Inc. | 3/9 | -1.45 | — | -9.4% |
| BTMD | biote Corp. | 5/9 | 0.92 | 2.5 | -2.5% |
| CRON | Cronos Group Inc. | 6/9 | — | — | +19.5% |
About NATURAL ALTERNATIVES INTERNATIONAL INC
Natural Alternatives International, Inc. engages in formulating, manufacturing, and marketing nutritional supplements in the United States and internationally. It operates through two segments: Private-Label Contract Manufacturing, and Patent and Trademark Licensing. The company offers private-label contract manufacturing services to companies that market and distribute vitamins, minerals, herbal, and other nutritional supplements, as well as other health care products. It also provides strategic partnering services, such as customized product formulation, clinical study design and support, manufacturing, marketing support, international regulatory and label law compliance, international product registration, packaging in multiple formats and labeling design, scientific research, proprietary ingredients, customer-specific nutritional product formulation, product testing and evaluation, marketing management, packaging and delivery system design, regulatory review, and international product registration assistance. In addition, the company sells beta-alanine ingredient under the CarnoSyn, TriBsynm, and SR CarnoSyn names. The company manufactures products in various forms, including capsules, tablets, chewable wafers, and powders. Its private-label contract manufacturing customers include companies that market nutritional supplements through direct sales marketing channels, direct to consumer e-commerce channels, and retail stores. Natural Alternatives International, Inc. was founded in 1980 and is headquartered in Carlsbad, California.
FAQ
Is NAII financially healthy?
NATURAL ALTERNATIVES INTERNATIONAL INC's Piotroski F-score is 5/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the safe zone.
Does NAII pay a dividend?
No, NATURAL ALTERNATIVES INTERNATIONAL INC does not currently pay a dividend.
How profitable is NAII?
In FY2025, NATURAL ALTERNATIVES INTERNATIONAL INC had a net margin of -10.5% and a return on equity of -19.8%.
Is NAII overvalued or undervalued?
NATURAL ALTERNATIVES INTERNATIONAL INC trades at about 4.9× trailing earnings — below its 10-year norm (10-year range 5.8×–21.2×, median 12.3×). Stocktoria reports the data, not buy/sell advice.
Is NAII a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on NATURAL ALTERNATIVES INTERNATIONAL INC: a Piotroski F-score of 5/9, an Altman Z″ in the safe zone. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-06-30. Facts plus Stocktoria's own computed scores — not investment advice.