Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Valuation
Upturn AI SWOT - About
NAII 
Natural Alternatives International (NAII)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
09/16/2025: NAII (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type Stock | Historic Profit -49.4% | Avg. Invested days 29 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 09/16/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 19.90M USD | Price to earnings Ratio - | 1Y Target Price - |
Price to earnings Ratio - | 1Y Target Price - | ||
Volume (30-day avg) - | Beta 0.63 | 52 Weeks Range 2.57 - 6.88 | Updated Date 06/29/2025 |
52 Weeks Range 2.57 - 6.88 | Updated Date 06/29/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -1.39 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -6.56% | Operating Margin (TTM) 7.87% |
Management Effectiveness
Return on Assets (TTM) -3.75% | Return on Equity (TTM) -10.25% |
Valuation
Trailing PE - | Forward PE - | Enterprise Value 67902418 | Price to Sales(TTM) 0.16 |
Enterprise Value 67902418 | Price to Sales(TTM) 0.16 | ||
Enterprise Value to Revenue 0.54 | Enterprise Value to EBITDA 74.97 | Shares Outstanding 6178900 | Shares Floating 4878116 |
Shares Outstanding 6178900 | Shares Floating 4878116 | ||
Percent Insiders 21.59 | Percent Institutions 33.51 |
Upturn AI SWOT
Natural Alternatives International
Company Overview
History and Background
Natural Alternatives International (NAII) was founded in 1980. Initially focused on sports nutrition, it has expanded into custom contract manufacturing and private label services for dietary supplements.
Core Business Areas
- Contract Manufacturing: NAII provides contract manufacturing services for branded nutritional supplement companies. This includes formulation, blending, tableting, encapsulation, powder filling, and packaging.
- Private Label: NAII offers private label services where they manufacture products that are then sold under the brand name of other companies.
- Branded Products: NAII previously had some branded products which they have largely discontinued focusing on their contract manufacturing services.
Leadership and Structure
Mark A. LeDoux is the Chairman of the Board and CEO. The company operates with a functional organizational structure, focusing on manufacturing, sales, and research & development.
Top Products and Market Share
Key Offerings
- Custom Contract Manufacturing: NAII's primary offering is custom contract manufacturing of nutritional supplements. Market share data is not readily available for NAII specifically. Competitors include Nutra Manufacturing, Captek Softgel International, and Robinson Pharma. Revenue from this business represents nearly all of the revenue from the company and the revenue has been approximately $167 million USD.
- Private Label Products: NAII manufactures private label supplements for various clients. Market share data for specific private label products is not publicly available. NAII faces competitors such as Makers Nutrition and Superior Supplement Manufacturing in this segment.
Market Dynamics
Industry Overview
The dietary supplement industry is experiencing steady growth, driven by increased consumer awareness of health and wellness. The industry is fragmented, with numerous players of varying sizes.
Positioning
NAII positions itself as a high-quality contract manufacturer with a focus on science-backed formulations and rigorous testing. Its competitive advantages include long-standing relationships with clients and a strong reputation for quality.
Total Addressable Market (TAM)
The global dietary supplements market is estimated to be over $200 billion. NAII, as a contract manufacturer, captures a portion of this TAM through its partnerships with branded supplement companies.
Upturn SWOT Analysis
Strengths
- Strong reputation for quality
- Long-standing client relationships
- Science-backed formulations
- Vertically integrated operations
Weaknesses
- Reliance on a limited number of key clients
- Limited brand recognition with end consumers
- Exposure to raw material price fluctuations
- Fluctuating Profit Margin and Net Income
Opportunities
- Expansion into new geographic markets
- Increased demand for customized supplement formulations
- Growing trend toward personalized nutrition
- Potential acquisitions to expand capabilities
Threats
- Intensifying competition in the contract manufacturing space
- Changing regulatory landscape for dietary supplements
- Economic downturn impacting consumer spending
- Supply chain disruptions
Competitors and Market Share
Key Competitors
- VRNT
- NUTR
Competitive Landscape
NAII competes on quality, service, and scientific expertise. Its competitors include both large contract manufacturers and smaller, specialized firms.
Growth Trajectory and Initiatives
Historical Growth: NAII's revenue growth has been moderate in recent years, driven by increasing demand for its contract manufacturing services.
Future Projections: Analyst estimates suggest continued moderate growth for NAII, driven by the overall expansion of the dietary supplement market.
Recent Initiatives: NAII has focused on expanding its manufacturing capacity and investing in quality control systems.
Summary
Natural Alternatives International is a contract manufacturer for nutritional supplements with a strong reputation for quality. Its growth is tied to the overall health of the supplement market, but fluctuating net income and reliance on key clients pose risks. It can improve performance with strategic initiatives and expand into new markets and product lines. The company must also stay ahead of regulatory changes and manage supply chain costs effectively.
Peer Comparison
Sources and Disclaimers
Data Sources:
- SEC Filings (10-K, 10-Q)
- Company Website
- Industry Reports
Disclaimers:
This analysis is based on publicly available information and is for informational purposes only. It does not constitute financial advice. Market share estimates are approximate.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Natural Alternatives International
Exchange NASDAQ | Headquaters Carlsbad, CA, United States | ||
IPO Launch date 1987-03-13 | Chairman of the Board & CEO Mr. Mark A. LeDoux J.D. | ||
Sector Consumer Defensive | Industry Packaged Foods | Full time employees 296 | Website https://www.nai-online.com |
Full time employees 296 | Website https://www.nai-online.com | ||
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 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.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.