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Nature's Sunshine Products, Inc (NATR) Fair Value & Analysis

Consumer Defensive · US · Market cap $354M

NS Nature's Sunshine Products, Inc logo Nature's Sunshine Products, Inc NATR · US
Price$16.38
Fair Value$23.31
Upside+42.3%
Quality74/100
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Healthy Growth
Thin margins · 4.1% net margin
Low debt · generates free cash flow
Ranks above peers (9/14)
Moderate moat 46/100
Evidence: High Range $17.48 – $29.14 Share as image

Fair value as of: Jul 19, 2026

From 25 valuation models · updated 22 days ago

Share price −22.2% over the past month.

A solid business, screening 42% undervalued on our models.

What matters now

  • The rarer combination: high quality (74/100) AND below fair value. That earns a closer look rather than a quick verdict.
  • The price is below even our cautious bear case ($17.48). The market is more pessimistic than our downside scenario.
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Price vs Fair Value (5 years)

$27.80 $8.02 Fair Value $23.31 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 19, 2026.

How to read this chart

60‑month range $8.02 – $27.80 · fair‑value band $17.48 – $29.14 · the $16.38 price screens below the $23.31 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 19, 2026.

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Analysis

Nature's Sunshine Products, Inc (NATR) currently trades at $16.38, while our model-based Fair Value estimate is $23.31, implying the stock looks roughly 42.3% undervalued today. The Quality Score stands at 74/100 (solid quality), in the Consumer Defensive sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, Nature's Sunshine Products, Inc generated revenue of $490M at a net margin of 4.1%. Revenue grew 8.5% year over year. It earns a return on equity of 12.4%. The balance sheet holds a net cash position of $75.0M. Fundamentals as of Jul 19, 2026

Our scenario range runs from $17.48 (bear case) to $29.14 (bull case); at $16.38, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 42% below its 52-week high and 26% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at -3% fair-value upside, at 42%, NATR screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF $19.97 $24.44 $29.70 80
Residual Income $7.99 $9.02 $14.99 76
Rev-Margin DCF $18.26 $24.33 $30.82 74
All 25 models by family
DCF Models
FCF DCF $19.70 $24.60 $30.61 38
Owner Earnings $18.73 $23.29 $28.89 31
5Y Revenue Exit $18.26 $24.10 $31.19 39
5Y EBITDA Exit $22.16 $30.99 $40.78 41
5Y P/E Exit $20.17 $27.48 $34.68 38
10Y Revenue Exit $18.44 $23.44 $29.44 36
10Y EBITDA Exit $20.96 $27.68 $35.79 37
10Y P/E Exit $19.83 $25.52 $31.75 35
Earnings-Based
Graham-Dodd $7.55 $17.17 $22.00 54
PEG = 1.0 $2.84 $4.06 $5.28 46
EPV $12.27 $13.22 $14.02 59
Dividend Discount
Gordon GGM $1.37 $2.07 $2.74 70
DDM Multi-Stage $1.37 $1.90 $2.41 61
Multiples
P/E Multiple $17.48 $23.31 $29.14 63
P/S Multiple $14.15 $18.87 $23.59 58
P/B Multiple $14.15 $18.87 $23.59 55
EV/EBIT $23.21 $29.19 $35.17 53
EV/EBITDA $26.67 $33.80 $40.93 54
EV/Revenue $18.08 $23.56 $29.05 43
Asset-Based
NCAV (Graham) $4.59 $6.16 $9.19 50
Growth DCF
Growth DCF $19.97 $24.44 $29.70 80
Rev-Margin DCF $18.26 $24.33 $30.82 74
Economic Profit
Residual Income $7.99 $9.02 $14.99 76
ROIC Compounder $12.49 $13.78 $15.08 72
Growth Earnings
Growth-Adj P/E $13.11 $18.73 $24.35 68

Widest divergence: DCF Models ($24.60) versus Dividend Discount ($1.90). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) $490M
Revenue growth (YoY) +8.5%
Net margin 4.1%
Return on equity 12.4%
Free cash flow $28.8M FY2025
P/E ratio 18.3
More key figures
Operating margin 7.8%
EPS (TTM) $1.10
EPS growth (YoY) +16.0%
Net cash $75.0M FY2025

Figures from reported company fundamentals · as of Jul 19, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 74/100

Of which business quality 76 · Market factors (momentum, volatility) 36

Profitability 66
Margins and returns on capital today
Quality Growth 57
Are margins and returns improving?
Cashflow 59
Earnings quality: real cash, not paper profit
Fin. Strength 99
Balance sheet, leverage, solvency risk
Investment 86
Disciplined investing over empire-building
Low Volatility 48
Calm price path (market factor)
Momentum 27
Price trend over the last 3–12 months (market factor)
52W Momentum 37
Distance to the 52-week high (market factor)
Net Issuance 93
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Nature's Sunshine Products, Inc., a natural health and wellness company, manufactures and sells nutritional and personal care products in Asia, Europe, North America, Latin America, and internationally.

Full company description

Nature's Sunshine Products, Inc., a natural health and wellness company, manufactures and sells nutritional and personal care products in Asia, Europe, North America, Latin America, and internationally. The company distributes general health products related to blood sugar support, bone health, cellular health, cognitive function, joint health, mood, sexual health, sleep, sports and energy, and vision; and immune products to support and strengthen the human immune system. It also offers cardiovascular products; digestive products to regulate intestinal and digestive functions; personal care products for external use, including oils and lotions, aloe vera gel, herbal shampoo, herbal skin treatment, toothpaste, and skin cleanser. In addition, the company provides weight management products, such as meal replacements and products that increase caloric burn rate. It offers its products under the Nature's Sunshine and Synergy Worldwide brands through its network of independent consultants to customers. Nature's Sunshine Products, Inc. was founded in 1972 and is headquartered in Lehi, Utah.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Nature's Sunshine Products, Inc reported revenue of $480M in FY2025 versus $444M in FY2021, a compound +2.0%/yr. Reported net income was $19.5M in FY2025, compounding −9.3%/yr from FY2021.

Growth Quality 68/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
$480M
Latest YoY
+5.7%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+4.4%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+4.5%
Avg. growth/yr (40Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+7.2%
Revenue +2.0%/yr
FY21 $444M
FY22 $422M
FY23 $445M
FY24 $454M
FY25 $480M
Net income −9.3%/yr
FY21 $28.9M
FY22 −$390K
FY23 $15.1M
FY24 $7.7M
FY25 $19.5M
Character of growth · EPS growth decomposed (2014-2025) +5.0 % p.a.
Revenue per share +3.1 pp

of which total revenue +3.3 pp · buybacks/dilution −0.1 pp

EBIT margin +1.1 pp
Tax rate −1.5 pp
Residual (interest, one-offs) +2.3 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

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Cite: Fair Value Calculator (2026). "Nature's Sunshine Products, Inc Fair Value". https://www.fairvalue-calculator.com/stock/NATR

Peer Group

Packaged Foods · 649 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 74 · Top 25%
Fair Value upside +42% · Top 25%
Return on equity (TTM) 12% · Above median
Return on assets 7% · Top 25%
Net margin (TTM) 4% · Above median
Operating margin (TTM) 8% · Above median
Revenue growth 9% · Above median
Debt / equity 0.01× · Lower than median

Valuation Multiples vs Packaged Foods median · lower = cheaper

P/E (TTM) 18.3× · Pricier than median
P/B 2.19× · Pricier than median
P/S (TTM) 0.72× · Pricier than median
P/FCF 12.3× · Pricier than 75% of peers
EV/EBITDA 6.3× · Cheaper than median
PEG 1.91× · Pricier than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 90 · sector 28
FUTURE 43 · sector 20
PAST 50 · sector 27
HEALTH 100 · sector 96
DIVIDEND 0 · sector 47

Insider activity: 30/100

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Packaged Foods stocks, each showing price versus our Fair Value estimate (as of Jul 19, 2026).

Stock Price Fair Value vs Fair Value
Nestlé India Limited NESTLEIND ₹1,427 ₹362.37 -75%
Britannia Industries Limited BRITANNIA ₹5,413 ₹1,870 -65%
Tata Consumer Products Limited TATACONSUM ₹1,089 ₹327.27 -70%
PT Indofood CBP Sukses Makmur Tbk ICBP 6,650 IDR 15,757 IDR +137%
Samyang Foods Co 003230 1,139,000 KRW 1,010,543 KRW -11%
Patanjali Foods Limited PATANJALI ₹413.80 ₹157.04 -62%
Vietnam Dairy Products Joint Stock Company VNM 58,500 VND 68,259 VND +17%
PT Mayora Indah Tbk, MYOR 1,750 IDR 2,699 IDR +54%
PT Cisarua Mountain Dairy Tbk CMRY 4,490 IDR 4,355 IDR -3%
Nongshim Co 004370 348,500 KRW 530,619 KRW +52%

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Frequently asked questions

Is Nature's Sunshine Products, Inc (NATR) overvalued or undervalued?
As of Jul 19, 2026, our model estimates a fair value of $23.31 versus a price of $16.38, about +42% (undervalued).
What is the fair value of NATR?
Our model-based fair value for Nature's Sunshine Products, Inc is $23.31 (as of Jul 19, 2026), built from audited fundamentals. The current price is $16.38.
What is the quality score of NATR?
Nature's Sunshine Products, Inc has a Quality Score of 74/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Nature's Sunshine Products, Inc (NATR)?
Nature's Sunshine Products, Inc reported trailing-twelve-month revenue of about $490M (latest available figure, as of Jul 19, 2026).
What is the net profit margin of NATR?
The net profit margin of Nature's Sunshine Products, Inc is about 4.1%, meaning it keeps roughly 4.1% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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