Tearsheet

Natural Health Trends (NHTC)


Market Price (6/15/2026): $2.01 | Market Cap: $20.4 MilSector: Consumer Discretionary | Industry: Broadline Retail

Natural Health Trends (NHTC)


Market Price (6/15/2026): $2.01
Market Cap: $20.4 Mil
Sector: Consumer Discretionary
Industry: Broadline Retail

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 32%, Dividend Yield is 38%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 28%

Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -89%

Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -40%

Megatrend and thematic drivers
Megatrends include Health & Wellness Trends, and E-commerce & Digital Retail. Themes include Nutritional Supplements, Organic & Natural Products, Show more.

Weak multi-year price returns
2Y Excs Rtn is -99%, 3Y Excs Rtn is -117%

Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -1.9 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -5.1%

Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -11%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -8.1%, Rev Chg QQuarterly Revenue Change % is -14%

Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -19%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -19%

Key risks
NHTC key risks include [1] its extreme sales concentration in the Chinese market, Show more.

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 32%, Dividend Yield is 38%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 28%
1 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -89%
2 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -40%
3 Megatrend and thematic drivers
Megatrends include Health & Wellness Trends, and E-commerce & Digital Retail. Themes include Nutritional Supplements, Organic & Natural Products, Show more.
4 Weak multi-year price returns
2Y Excs Rtn is -99%, 3Y Excs Rtn is -117%
5 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -1.9 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -5.1%
6 Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -11%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -8.1%, Rev Chg QQuarterly Revenue Change % is -14%
7 Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -19%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -19%
8 Key risks
NHTC key risks include [1] its extreme sales concentration in the Chinese market, Show more.

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 6/12/2026

Natural Health Trends (NHTC) stock has lost about 35% since 2/28/2026 because of the following key factors:

1. Persistent Revenue Decline and Net Losses.

Natural Health Trends experienced a 14% year-over-year revenue decline in fiscal Q1 2026, reporting $9.2 million, following a 6% sequential decrease from fiscal Q4 2025. This period also saw a net loss of $154,000 ($0.02 per diluted share) in fiscal Q1 2026, a reversal from a net income of $122,000 ($0.01 per diluted share) in fiscal Q1 2025. These results built on an already weakening performance in fiscal Q4 2025, which reported a 10% year-over-year revenue decrease to $9.7 million and a net loss of $588,000 ($0.05 per diluted share).

2. Deteriorating Operating Efficiency and Sustained Negative Cash Flow.

The company's operating loss widened to $474,000 in fiscal Q1 2026 from $345,000 in the prior-year quarter, despite restructuring efforts. Furthermore, Natural Health Trends utilized $797,000 in net cash from operating activities in fiscal Q1 2026, contrasting with cash provided by operations in fiscal Q1 2025. This pattern of negative operating cash flow has been a recurring issue, having been reported for each of the four years from 2022 through 2025.

Show more
Holding a concentrated position? Know your true downside before the momentum shifts.
Protect Your Wealth →

Stock Movement Drivers

Fundamental Drivers

The -35.1% change in NHTC stock from 2/28/2026 to 6/14/2026 was primarily driven by a -40.5% change in the company's P/S Multiple.
(LTM values as of)22820266142026Change
Stock Price ($)3.102.01-35.1%
Change Contribution By: 
Total Revenues ($ Mil)4038-3.8%
P/S Multiple0.90.5-40.5%
Shares Outstanding (Mil)121013.4%
Cumulative Contribution-35.1%

LTM = Last Twelve Months as of date shown

Market Drivers

2/28/2026 to 6/14/2026
ReturnCorrelation
NHTC-35.1% 
Market (SPY)8.4%17.2%
Sector (XLY)-0.0%21.1%

Fundamental Drivers

The -28.4% change in NHTC stock from 11/30/2025 to 6/14/2026 was primarily driven by a -32.5% change in the company's P/S Multiple.
(LTM values as of)113020256142026Change
Stock Price ($)2.812.01-28.4%
Change Contribution By: 
Total Revenues ($ Mil)4138-6.4%
P/S Multiple0.80.5-32.5%
Shares Outstanding (Mil)121013.4%
Cumulative Contribution-28.4%

LTM = Last Twelve Months as of date shown

Market Drivers

11/30/2025 to 6/14/2026
ReturnCorrelation
NHTC-28.4% 
Market (SPY)9.2%10.4%
Sector (XLY)-1.0%17.0%

Fundamental Drivers

The -51.3% change in NHTC stock from 5/31/2025 to 6/14/2026 was primarily driven by a -51.9% change in the company's P/S Multiple.
(LTM values as of)53120256142026Change
Stock Price ($)4.132.01-51.3%
Change Contribution By: 
Total Revenues ($ Mil)4338-10.5%
P/S Multiple1.10.5-51.9%
Shares Outstanding (Mil)111013.2%
Cumulative Contribution-51.3%

LTM = Last Twelve Months as of date shown

Market Drivers

5/31/2025 to 6/14/2026
ReturnCorrelation
NHTC-51.3% 
Market (SPY)27.3%9.9%
Sector (XLY)9.9%13.0%

Fundamental Drivers

The -44.4% change in NHTC stock from 5/31/2023 to 6/14/2026 was primarily driven by a -36.1% change in the company's P/S Multiple.
(LTM values as of)53120236142026Change
Stock Price ($)3.612.01-44.4%
Change Contribution By: 
Total Revenues ($ Mil)4938-22.7%
P/S Multiple0.80.5-36.1%
Shares Outstanding (Mil)111012.6%
Cumulative Contribution-44.4%

LTM = Last Twelve Months as of date shown

Market Drivers

5/31/2023 to 6/14/2026
ReturnCorrelation
NHTC-44.4% 
Market (SPY)84.5%8.5%
Sector (XLY)57.6%8.7%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
NHTC Return50%-42%96%-12%-20%-19%-2%
Peers Return10%-44%4%-48%20%-8%-64%
S&P 500 Return27%-19%24%23%16%8%97%

Monthly Win Rates [3]
NHTC Win Rate58%58%58%67%58%33% 
Peers Win Rate60%30%50%37%40%50% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
NHTC Max Drawdown-19%-53%-32%-42%-48%-39% 
Peers Max Drawdown-33%-55%-43%-57%-36%-34% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: HLF, NUS, USNA, MED, NATR.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 6/12/2026 (YTD)

How Low Can It Go

EventNHTCS&P 500
2023 SVB Regional Banking Crisis
  % Loss-22.6%-6.7%
  % Gain to Breakeven29.2%7.1%
  Time to Breakeven27 days31 days
2022 Inflation Shock & Fed Tightening
  % Loss-45.6%-24.5%
  % Gain to Breakeven83.8%32.4%
  Time to Breakeven109 days427 days
2020 COVID-19 Crash
  % Loss-38.6%-33.7%
  % Gain to Breakeven62.7%50.9%
  Time to Breakeven40 days140 days
2016-2017 Trump Reflation Bond Selloff
  % Loss-27.1%-3.7%
  % Gain to Breakeven37.2%3.9%
  Time to Breakeven101 days6 days
2015-2016 China Devaluation / Global Growth Scare
  % Loss-44.5%-12.2%
  % Gain to Breakeven80.2%13.9%
  Time to Breakeven35 days62 days
2014-2016 Oil Price Collapse
  % Loss-42.3%-6.8%
  % Gain to Breakeven73.5%7.3%
  Time to Breakeven134 days15 days

Compare to HLF, NUS, USNA, MED, NATR

In The Past

Natural Health Trends's stock fell 0.0% during the 2025 US Tariff Shock. Such a loss loss requires a 0.0% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventNHTCS&P 500
2023 SVB Regional Banking Crisis
  % Loss-22.6%-6.7%
  % Gain to Breakeven29.2%7.1%
  Time to Breakeven27 days31 days
2022 Inflation Shock & Fed Tightening
  % Loss-45.6%-24.5%
  % Gain to Breakeven83.8%32.4%
  Time to Breakeven109 days427 days
2020 COVID-19 Crash
  % Loss-38.6%-33.7%
  % Gain to Breakeven62.7%50.9%
  Time to Breakeven40 days140 days
2016-2017 Trump Reflation Bond Selloff
  % Loss-27.1%-3.7%
  % Gain to Breakeven37.2%3.9%
  Time to Breakeven101 days6 days
2015-2016 China Devaluation / Global Growth Scare
  % Loss-44.5%-12.2%
  % Gain to Breakeven80.2%13.9%
  Time to Breakeven35 days62 days
2014-2016 Oil Price Collapse
  % Loss-42.3%-6.8%
  % Gain to Breakeven73.5%7.3%
  Time to Breakeven134 days15 days
2013 Taper Tantrum
  % Loss-30.0%-0.2%
  % Gain to Breakeven42.9%0.2%
  Time to Breakeven57 days1 days
2010 Eurozone Sovereign Debt Crisis / Flash Crash
  % Loss-30.0%-15.4%
  % Gain to Breakeven42.8%18.2%
  Time to Breakeven8 days125 days
2008-2009 Global Financial Crisis
  % Loss-82.6%-53.4%
  % Gain to Breakeven473.7%114.4%
  Time to Breakeven1101 days1085 days
Summer 2007 Credit Crunch
  % Loss-52.9%-8.6%
  % Gain to Breakeven112.1%9.5%
  Time to Breakeven15 days47 days

Compare to HLF, NUS, USNA, MED, NATR

In The Past

Natural Health Trends's stock fell 0.0% during the 2025 US Tariff Shock. Such a loss loss requires a 0.0% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Natural Health Trends (NHTC)

Natural Health Trends Corp., a direct-selling and e-commerce company, provides personal care, wellness, and lifestyle products under the NHT Global brand. The company offers wellness products, including liquid, encapsulated, tableted, and powder dietary and nutritional supplements, as well as vitamins and minerals; and herbal products comprising herbal supplements. It also provides beauty products, such as age-defying and hydrating cleansers, creams, lotions, serums, and toners; and lifestyle products, which include weight management and energy enhancing supplements. In addition, the company offers home appliances; daily products, such as oral care, hair care, and body care; and home appliances products. It sells its products directly to consumers, as well as through an e-commerce retail platform in the United States, Canada, Cayman Islands, Mexico, Peru, Hong Kong, Taiwan, China, Singapore, Malaysia, Thailand, Vietnam, South Korea, Japan, India, Russia, Kazakhstan, and Europe. The company was formerly known as Florida Institute of Massage Therapy, Inc. and changed its name to Natural Health Trends Corp. in June 1993. Natural Health Trends Corp. was incorporated in 1988 and is headquartered in Tsim Sha Tsui, Hong Kong.

AI Analysis | Feedback

Here are 1-3 brief analogies for Natural Health Trends (NHTC):

  • It's like Amway, selling a wide range of wellness, beauty, and home products through direct sales globally.
  • Think of it as a global Herbalife, but with a broader portfolio that includes personal care and some home products alongside wellness supplements.

AI Analysis | Feedback

  • Wellness & Nutritional Supplements: A range of dietary supplements, vitamins, minerals, and herbal products offered in various forms.
  • Beauty & Skincare Products: Includes age-defying and hydrating cleansers, creams, lotions, serums, and toners.
  • Lifestyle Products: Features supplements designed for weight management and energy enhancement.
  • Personal Care Products: Encompasses daily essentials such as oral care, hair care, and body care items.
  • Home Appliances: Various household appliances are also part of their product offerings.

AI Analysis | Feedback

Natural Health Trends (NHTC) sells its products primarily to individuals. Based on the company's product offerings and business model, its major customer categories include:

  1. Health and Wellness Consumers: Individuals focused on maintaining or improving their health through dietary supplements, nutritional products, vitamins, minerals, herbal products, and specific weight management or energy-enhancing supplements.
  2. Beauty and Personal Care Consumers: Individuals seeking age-defying and hydrating skincare products (cleansers, creams, lotions, serums, toners), as well as general personal care items like oral care, hair care, and body care products.
  3. General Lifestyle and Home Consumers: Individuals purchasing home appliances and potentially other daily household products offered by the company.

AI Analysis | Feedback

null

AI Analysis | Feedback

Chris T. Sharng, President and Director

  • Mr. Sharng was appointed President of Natural Health Trends in February 2007. He is responsible for overseeing operations and providing expertise and guidance that is consistent with NHT's mission and core values.
  • He previously served as Executive Vice President and CFO of Natural Health Trends from August 2004 to February 2007, during which time he also performed functions of the principal executive officer.
  • Prior to Natural Health Trends, Mr. Sharng held management positions as CFO at NorthPole Limited, Senior Vice President and CFO at Ultrak Inc., and Vice President of International Finance at Mattel, Inc.
  • He holds an MBA from Columbia University and a bachelor's degree from National Taiwan University.

Timothy Scott Davidson, Senior Vice President, CFO & Secretary

  • Mr. Davidson has served as Natural Health Trends' Senior Vice President and CFO since February 2007.
  • He previously served as the company's Chief Accounting Officer from September 2004 to February 2007.
  • Before joining Natural Health Trends, Mr. Davidson was Manager of Financial Reporting for IP Communications, Inc. from February 2000 to February 2001; Corporate Controller for telecommunications company Celion Networks, Inc. from March 2001 to September 2004; and Audit Manager for Arthur Andersen, LLP from December 1994 through January 2000.
  • He has a master's degree in professional accounting from the University of Texas at Austin and a bachelor's degree from Texas A&M University at Commerce.

Karyn Simmons, Vice President of Global Product & Marketing

  • Ms. Simmons serves as the Vice President of Global Product & Marketing for NHT Global.

Morris Ng, Executive Vice President of Greater China & Southeast Asia and Special Advisor to the President in International Leadership Development

  • Mr. Ng holds the position of Executive Vice President of Greater China & Southeast Asia and Special Advisor to the President in International Leadership Development for NHT Global.

Albert Yiu, Vice President of Business Development, Greater China

  • Mr. Yiu is the Vice President of Business Development for Greater China at NHT Global.

AI Analysis | Feedback

The key risks for Natural Health Trends (NHTC) are primarily associated with its significant geographical concentration, ongoing regulatory challenges related to its direct-selling model, particularly in China, and its declining financial performance.

1. High Geographic Concentration and Geopolitical/Economic Instability in Hong Kong and China

Natural Health Trends Corp. faces substantial risk due to its heavy reliance on Hong Kong and China for revenue. Approximately 82% of NHTC's revenue in both 2025 and 2024 was generated in Hong Kong, with the vast majority of these sales delivered to members in China. This significant geographical concentration means that adverse developments in either Hong Kong or China, such as economic downturns, changes in regulations, or political unrest, could have a disproportionately negative impact on the company's financial results. The economic environment, particularly in the Asia-Pacific region, remains turbulent, potentially affecting customer purchasing power and product demand. Furthermore, political instability in Hong Kong could impede future growth.

2. Regulatory Scrutiny and Compliance Challenges, Particularly in China

NHTC's direct-selling and multi-level marketing (MLM) business model, particularly its operations in China, presents significant regulatory risks. In China, strict local regulations prevent NHTC from operating a direct sales model, requiring it to instead use a bulk-discount e-commerce platform to serve Chinese members. The company has previously faced regulatory crackdowns and allegations from Chinese authorities, including claims of operating an illegal MLM scheme and making false health claims. Compliance and regulatory risks are common for direct sales businesses, with scrutiny often arising from distributor actions and potential allegations of running a pyramid scheme if legal guidelines are not strictly followed.

3. Declining Financial Performance and Sustainability Concerns

Natural Health Trends has experienced a significant decline in revenue attributed to various economic and geopolitical factors. Net sales for Q3 2025 were $9.5 million, a decrease from $10.7 million in Q3 2024, reflecting an overall year-over-year revenue decline. The company has consistently reported losses from operations, raising concerns about its long-term sustainability. Additionally, NHTC has recorded negative operating cash flows for several years, a trend that, if it continues, could jeopardize the company's ability to maintain operations without securing additional financing. The company has also seen a decrease in its active member base.

AI Analysis | Feedback

The emergence of hyper-personalized wellness and beauty solutions leveraging advanced data analytics, AI, and biotechnology.

AI Analysis | Feedback

Natural Health Trends Corp. (NHTC) operates within the global direct selling, beauty and personal care, and nutritional supplements markets.

Direct Selling Market

  • Globally, the direct selling market was estimated at USD 240.18 billion in 2025 and is projected to reach approximately USD 483.18 billion by 2035.
  • The Asia Pacific region led the direct selling market with a 45.9% share in 2025. It is projected to reach USD 90.7 billion by 2024.
  • North America is expected to experience growth in the direct selling market at a CAGR of 6.4% from 2025 to 2033. The market in North America was valued at an estimated USD 38.4 billion in 2024.

Beauty and Personal Care Products Market

  • The global beauty and personal care products market was valued at approximately USD 601.39 billion in 2024 and is projected to reach USD 1232.57 billion by 2034.
  • Asia-Pacific was the leading revenue generator in the global beauty and personal care products market in 2024 and dominated the market with a share of over 37.2% in 2025.
  • North America accounts for approximately 31% of global beauty and personal care product consumption, with the U.S. market contributing nearly 21% of the global consumption volume.

Nutritional Supplements Market (including Dietary Supplements)

  • The global nutritional supplements market size was estimated at USD 517.23 billion in 2025 and is expected to grow to nearly USD 970.91 billion by 2035.
  • The Asia Pacific nutritional supplements market held the largest share of 42.46% in 2025 and dominated the market with a 41% share in the same year.
  • The U.S. dietary supplements market was valued at USD 67.09 billion in 2024 and is expected to grow at a 7.9% CAGR through 2034. North America is considered the dominant region in the dietary supplements market.

AI Analysis | Feedback

Natural Health Trends (NHTC) anticipates several key drivers for future revenue growth over the next 2-3 years:
  • Launch of New Products and Strategic Events: The company plans to introduce "signature product launches" as part of its major 25th-anniversary celebration in Hong Kong, which is expected to serve as a "catalyst for renewed momentum" across its product portfolio and business. Additionally, new product introductions, such as the Bio Essence Wellness Panel in North America, are expected to support regional sales growth. The presale of a new skincare line in Hong Kong was also mentioned as a factor in Q3 2025 results, indicating ongoing product development.
  • Enhanced Member Engagement and Customer Loyalty Programs: Natural Health Trends is implementing "targeted programs to attract and retain customers" and initiatives designed to drive engagement and enhance customer loyalty. These efforts have led to increased reorders in its largest market and a 10% rise in sales of curated product bundles, reflecting sustained member interest and demand for core products.
  • Market-Specific Growth Initiatives: The company is pursuing focused growth strategies in key markets. In Taiwan, orders surged due to "Precision Health events integrating personal health testing". North America has also seen an increase in orders, bolstered by in-store events. In its primary market of Greater China, despite broader consumer hesitancy, net sales increased in Q4 2024 compared to the previous year and quarter, suggesting that "training, promotions and incentives are resonating with the consumers and few leaders". The company also conducted a nine-city roadshow in China and Hong Kong to market its wellness products.

AI Analysis | Feedback

Share Repurchases

  • Natural Health Trends Corp. completed a repurchase of all common stock shares held by the George K. Broady family for $5.9 million at $2.00 per share as of February 17, 2026, reducing outstanding shares by approximately 25.5% or 2,935,227 shares.
  • This transaction was part of a larger $70 million share repurchase program that was authorized on January 13, 2016.
  • After the Broady family share repurchase, roughly $16 million remained available for future repurchases under the existing program, including estimated related income tax.

Capital Expenditures

  • Natural Health Trends Corp. invested $5K in capital expenditures in Q4 2025.
  • Capital expenditures in Q4 2025 amounted to $68K, consuming most of the company's operating cash flow and resulting in -$6.1M in free cash flow for the quarter.
  • The capital expenditures in Q4 2025 represent an 88.4% decrease from the prior quarter.

Better Bets vs. Natural Health Trends (NHTC)

Latest Trefis Analyses

Title
0ARTICLES

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

NHTCHLFNUSUSNAMEDNATRMedian
NameNatural .HerbalifeNu Skin .Usana He.Medifast Natures . 
Mkt Price2.0112.095.4719.9111.8920.5111.99
Mkt Cap0.01.30.30.40.10.40.3
Rev LTM385,1331,441926346490708
Op Inc LTM-24978249-162839
FCF LTM-7374423-12313
FCF 3Y Avg-52426437322135
CFO LTM-7447761743124
CFO 3Y Avg-534811050383044

Growth & Margins

NHTCHLFNUSUSNAMEDNATRMedian
NameNatural .HerbalifeNu Skin .Usana He.Medifast Natures . 
Rev Chg LTM-10.5%3.7%-14.2%5.7%-36.3%7.3%-3.4%
Rev Chg 3Y Avg-8.1%0.1%-11.8%-1.5%-39.0%5.3%-4.8%
Rev Chg Q-14.3%7.8%-12.0%0.3%-34.3%8.5%-5.9%
QoQ Delta Rev Chg LTM-3.8%1.9%-3.0%0.1%-10.3%2.0%-1.4%
Op Inc Chg LTM-51.4%13.7%63.0%-14.4%-156.9%29.9%-0.4%
Op Inc Chg 3Y Avg-171.2%4.4%-2.4%-20.6%-106.9%25.5%-11.5%
Op Mgn LTM-5.1%9.7%5.7%5.3%-4.7%5.7%5.5%
Op Mgn 3Y Avg-4.0%8.5%3.9%7.3%1.0%5.2%4.6%
QoQ Delta Op Mgn LTM-0.5%0.1%-0.5%-0.2%-1.0%0.6%-0.3%
CFO/Rev LTM-19.0%8.7%5.3%1.8%1.1%6.3%3.5%
CFO/Rev 3Y Avg-11.4%6.9%6.4%5.6%5.0%6.5%6.0%
FCF/Rev LTM-19.5%7.3%2.9%0.3%-0.4%4.7%1.6%
FCF/Rev 3Y Avg-11.6%4.8%3.8%4.2%3.8%4.5%4.0%

Valuation

NHTCHLFNUSUSNAMEDNATRMedian
NameNatural .HerbalifeNu Skin .Usana He.Medifast Natures . 
Mkt Cap0.01.30.30.40.10.40.3
P/S0.50.20.20.40.40.70.4
P/Op Inc-10.52.53.27.5-8.112.82.9
P/EBIT-10.52.53.39.0-8.111.62.9
P/E-17.65.24.844.0-6.518.15.0
P/CFO-2.82.83.522.035.211.67.6
Total Yield32.4%19.1%25.1%2.3%-15.2%5.5%12.3%
Dividend Yield38.1%0.0%4.4%0.0%0.1%0.0%0.0%
FCF Yield 3Y Avg-12.1%20.7%14.2%5.6%9.4%6.2%7.8%
D/E0.11.71.10.00.10.10.1
Net D/E-0.91.40.3-0.4-1.2-0.2-0.3

Returns

NHTCHLFNUSUSNAMEDNATRMedian
NameNatural .HerbalifeNu Skin .Usana He.Medifast Natures . 
1M Rtn-28.7%-5.8%-9.7%10.7%-4.7%-7.7%-6.7%
3M Rtn-32.6%-21.4%-22.9%14.8%23.6%-16.3%-18.8%
6M Rtn-33.6%-18.0%-47.6%-2.5%-3.8%-9.8%-13.9%
12M Rtn-49.2%53.6%-25.6%-32.6%-8.4%42.2%-17.0%
3Y Rtn-38.9%-2.7%-81.8%-67.4%-84.6%57.2%-53.2%
1M Excs Rtn-29.5%-6.8%-11.8%13.2%-4.6%-8.0%-7.4%
3M Excs Rtn-44.7%-33.5%-35.0%2.8%11.5%-28.3%-30.9%
6M Excs Rtn-41.5%-18.4%-54.2%-12.5%-5.9%-14.0%-16.2%
12M Excs Rtn-73.0%27.3%-53.9%-56.7%-33.9%20.8%-43.9%
3Y Excs Rtn-116.8%-79.9%-157.0%-143.1%-159.2%-4.6%-129.9%

Comparison Analyses

null

Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Product sales3942424454
Administrative fees, freight and other12256
Sales returns-0-0-0-0-0
Total4043444960


Operating Income by Segment
$ Mil1997
Schools-2
Natural and Health Products-3
Total-5


Assets by Segment
$ Mil1997
Schools9
Natural and Health Products5
Total14


Price Behavior

Price Behavior
Market Price$2.01 
Market Cap ($ Bil)0.0 
First Trading Date06/22/1995 
Distance from 52W High-52.9% 
   50 Days200 Days
DMA Price$2.76$3.22
DMA Trenddowndown
Distance from DMA-27.1%-37.6%
 3M1YR
Volatility54.4%69.7%
Downside Capture157.8493.40
Upside Capture-43.08-11.83
Correlation (SPY)31.7%11.0%
NHTC Betas & Captures as of 5/31/2026

 1M2M3M6M1Y3Y
Beta0.841.390.610.390.560.26
Up Beta0.501.581.241.520.590.36
Down Beta1.662.09-0.050.200.69-0.05
Up Capture-32%58%14%-1%9%7%
Bmk +ve Days13283667141432
Stock +ve Days9202957117380
Down Capture237%215%95%6%92%71%
Bmk -ve Days7132757109318
Stock -ve Days11203264125337

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with NHTC
NHTC-49.7%69.3%-0.69-
Sector ETF (XLY)9.5%18.3%0.3613.4%
Equity (SPY)24.9%12.3%1.5210.1%
Gold (GLD)25.5%27.4%0.817.2%
Commodities (DBC)30.1%19.0%1.25-3.0%
Real Estate (VNQ)13.5%13.5%0.6914.3%
Bitcoin (BTCUSD)-41.7%42.2%-1.168.0%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with NHTC
NHTC-12.3%46.9%-0.12-
Sector ETF (XLY)7.3%23.8%0.2615.5%
Equity (SPY)13.5%17.1%0.6115.4%
Gold (GLD)16.8%18.2%0.755.5%
Commodities (DBC)8.4%19.4%0.336.7%
Real Estate (VNQ)2.8%18.8%0.0516.0%
Bitcoin (BTCUSD)13.6%54.4%0.4410.7%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with NHTC
NHTC-14.5%51.1%-0.10-
Sector ETF (XLY)12.6%22.1%0.5217.7%
Equity (SPY)15.3%17.9%0.7317.7%
Gold (GLD)12.5%16.1%0.642.8%
Commodities (DBC)6.7%18.0%0.299.5%
Real Estate (VNQ)5.7%20.7%0.2417.1%
Bitcoin (BTCUSD)60.3%66.8%1.005.1%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date5292026
Short Interest: Shares Quantity0.0 Mil
Short Interest: % Change Since 515202616.9%
Average Daily Volume0.0 Mil
Days-to-Cover Short Interest1.2 days
Basic Shares Quantity10.1 Mil
Short % of Basic Shares0.3%

Earnings Returns History

Updated 6/2/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
4/29/2026-0.7%3.7%-2.3%
2/4/20266.7%2.1%-15.9%
11/5/2025-23.3%-16.9%-33.3%
7/30/2025-0.3%7.4%-1.7%
4/30/20250.6%-1.2%2.8%
2/5/20253.2%1.9%2.0%
10/30/20240.3%2.2%-4.1%
7/31/20240.5%-4.1%-3.1%
...
SUMMARY STATS   
# Positive16178
# Negative8716
Median Positive1.9%4.5%5.5%
Median Negative-1.4%-3.8%-3.0%
Max Positive10.1%39.7%16.6%
Max Negative-23.3%-16.9%-33.3%
Core Cache Last Updated: 6/14/2026