Nature's Sunshine Products NATR

Name: NATR Crucible Score
Creator: Kaladin Capital Intelligence

UnknownUnknownN/A📅 Scored March 17, 2026

Price at analysis: $23.87

Crucible Score

59.0

C+

Quality × Value Composite

KQI — Quality

57.2

Fundamental Quality Index

KVI — Value

61.2

C+

Valuation Attractiveness Index

Crucible Verdict — NATR

Nature's Sunshine Products (NATR) trades near fair value with a weak market position dragging down an otherwise decent business quality profile. The company's 28 Market Position score stands out as problematic against solid Financial Quality (67) and Moat Durability (66) metrics. Insider selling and modest growth prospects suggest limited upside catalysts despite reasonable earnings execution.

— Kal, Kaladin Capital Intelligence

◆ KQI Quality Dimensions

Financial Quality⚠

66.6

Growth Profile⚠

43.0

Moat Durability

66.0

Management Effectiveness

60.7

Diversification & Resilience

44.5

Market Position

28.0

Weakest dimension: Market Position (28.0)

◆ KVI Value Dimensions

DCF Margin of Safety

52.0

FCF Yield & Cash Returns

83.3

Relative Valuation

79.6

Growth-Adjusted Value

43.2

Historical Valuation

32.6

Macro Context

75.6

◆ DCF Valuation Scenarios

Bear Case

$15.42

Base Case

$25.18

Bull Case

$39.75

Price at Analysis

$23.87

Scenario	Fair Value	Rev CAGR (5yr)	Terminal Margin	WACC
🔴 Bear	$15.42	1.0%	4.0%	9.7%
🟢 Base	$25.18	3.0%	5.5%	9.2%
🟢 Bull	$39.75	5.0%	7.5%	8.7%

Key Assumptions: NATR shows volatile revenue around $440-480M with thin operating margins of 3.9-7.8%. Base case assumes modest 3% revenue CAGR with margin normalization to ~5.5%, reflecting the midpoint of historical performance. Tax rate normalized to 25% given the extreme historical volatility (5-96%), and capex intensity is low at ~1.8% of revenue consistent with an asset-light consumer defensive model.

◆ Financial Snapshot

Profitability

Gross Margin69.5%

Operating Margin5.2%

Net Margin4.1%

ROIC8.2%

ROE5.4%

Balance Sheet

Balance SheetCR: 2.28

Cash Conversion

Capital IntensityCapex/Rev: 1.3%

Altman Z-Score5.56 (Safe)

Piotroski F-Score3/9 (Weak)

Growth

Revenue CAGR2.0% CAGR

Earnings CAGR-2.2% CAGR

Growth ConsistencyCV: 1.36

Segment BreadthInsufficient segments

Quarterly TrendRev∆, Margin∆, Cash↓, WC↓, Exp↓

Earnings CredibilityTends to Beat

◆ Analyst Consensus & Leadership

Leadership & Governance

CEO Ownership5.6%

Compensation72% performance-based

Insider ActivitySelling

Capital AllocationROIC 8.2% vs WACC 0.4%

Earnings Beat Rate62% (12/22)

◆ Related Companies in Our Universe

Other Unknown companies scored by the Crucible:

ADBE81.8A-NICE80.7A-DECK79.9A-INTU79.9A-EXEL78.3A-MTCH78.2A-TTD78.0B+

Methodology All Scores Crucible Briefs Performance @KaladinCI

Analysis conducted March 17, 2026 based on most recent SEC filings. Updated quarterly, after new SEC filings.

Point-in-time fundamental analysis. Not investment advice. Scores reflect company quality and valuation at time of analysis and may not reflect current market conditions.