Natural Health Trends Corp. (NHTC) AI Stock Analysis
NHTC AI stock analysis summary
AI ResearchNatural Health Trends Corp. (NHTC) is a direct-selling and e-commerce company marketing wellness, beauty, and lifestyle products globally. The company faces top-line pressure, with revenue falling from $60.0M in FY2021 to $39.8M in FY2025 and trailing twelve-month revenue down to $36.0M. Despite an operating loss margin of -8.5% over the trailing twelve months, it held $15.9M in net cash as of June 30, 2026.
- Market cap
- $8.3M
- Revenue (TTM)
- $36.0M
- P/E
- — fwd 13.4x
- 1Y return
- -75.5% S&P 500 16.8%
- Avg. target
- $0.00
Bull case
- Net cash stood at $15.9M as of June 30, 2026, exceeding the company's total market capitalization of $8.3M.
- Gross margin remained resilient through the multi-year downturn, standing at 73.5% in FY2025.
- The balance sheet maintains low leverage with a debt-to-equity ratio of 0.18 and a current ratio of 1.99.
Bear case
- Revenue has shrunk every year from $60.0M in FY2021 to $39.8M in FY2025, culminating in a 5-year revenue CAGR of -8.5%.
- Operating cash flow was negative at -$6.0M in FY2025 while the company paid $9.2M in dividends, draining liquidity.
- Second quarter results ended June 30, 2026, demonstrated worsening contraction, with quarterly revenue falling 22.5% year-over-year.
What Natural Health Trends does
Natural Health Trends Corp. is a direct-selling and e-commerce company that provides personal care, wellness, and lifestyle products through its NHT Global brand. Founded in 1988 and headquartered in Hong Kong, the company sells wellness dietary supplements, herbal products, and vitamins in liquid, tablet, capsule, and powder forms. Its beauty line includes anti-aging cleansers, creams, serums, and toners. In addition, it provides lifestyle products including weight management items, energy enhancers, and home appliances. Natural Health Trends Corp. reaches consumers directly through an e-commerce platform across North America, Latin America, Europe, and Asia-Pacific markets including Hong Kong, Taiwan, and China.
Growth and profitability
Revenue has contracted steadily, falling from $60.0M in FY2021 to $49.1M in FY2022, $43.9M in FY2023, $43.0M in FY2024, and $39.8M in FY2025, reflecting a 5-year revenue CAGR of -8.5%. Gross margin remained relatively stable, registering 75.0% in FY2021 and 73.5% in FY2025. Net income deteriorated from $1.1M in FY2021 to -$882,000 in FY2025, while operating margin turned negative to -4.5%. For the trailing twelve months, revenue was $36.0M with a profit margin of -4.5% and diluted EPS of -$0.15. In the quarter ended June 30, 2026, quarterly revenue fell 22.5% year-over-year, while quarterly earnings dropped 91.4%.
Balance sheet and cash flow
As of June 30, 2026, Natural Health Trends Corp. reported $18.6M in cash and short-term investments against $2.8M in total debt, yielding a net cash position of $15.9M. Liquidity remains supported by a current ratio of 1.99 and a debt-to-equity ratio of 0.18 on shareholders' equity of $15.2M. However, operating cash flow turned negative at -$6.0M in FY2025, alongside free cash flow of -$6.1M and capital expenditures of $68,000. During FY2025, the company paid $9.2M in dividends, while its 5-year share count decreased 18.1%.
Valuation and performance
At a share price of $0.97 on October 16, 2026, Natural Health Trends Corp. had a market capitalization of $8.3M and an enterprise value of -$2.4M. Its forward price-to-earnings multiple of 13.4x sits slightly below the 14.1x median of its US-listed Consumer Cyclical peers. The stock trades at a price-to-sales ratio of 0.2x compared to the peer median of 0.7x, and an EV-to-EBITDA ratio of 13.8x versus the peer median of 11.1x. Over the past year, NHTC fell 75.5%, while the S&P 500 (SPY) gained 16.8%. Over five years, the stock fell 74.4% compared to an 83.0% gain for SPY.
NHTC dividend
Natural Health Trends Corp. offers an annual forward dividend of $0.40, yielding 41.24% at the last close. The quarterly dividend has been paid for 13 consecutive years, though 5-year annualized dividend growth was 0.0%. In FY2025, dividends paid totaled $9.2M, which exceeded the company's free cash flow of -$6.1M. The most recent ex-dividend date was May 12, 2026.
What analysts expect
Wall Street analyst coverage is minimal, with no published buy, hold, or sell recommendations in the current data. The consensus mean price target is listed at $0.00, compared to the last close of $0.97 on October 16, 2026. Trailing twelve-month diluted EPS was -$0.15, following an FY2025 net loss of -$882,000. Natural Health Trends Corp. has its next earnings release scheduled for November 4, 2026.
Key risks and what to watch
- Negative free cash flow of -$6.1M in FY2025 threatens the sustainability of the $9.2M annual dividend outlay.
- Trailing twelve-month operating margin sits at -8.5%, indicating ongoing core operating losses.
- The stock is down 75.5% over the past year and trades at $0.97, near its 52-week low of $0.89.
AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this NHTC AI stock analysis
This page is an AI-written research summary of Natural Health Trends Corp. (NHTC). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.
Related: NHTC income statement, NHTC balance sheet, NHTC key metrics, NHTC chart. See the NHTC stock overview for the latest quote and news.
NHTC AI stock analysis FAQ
What is Natural Health Trends Corp.'s dividend yield?
Natural Health Trends Corp. has an annual forward dividend of $0.40 per share, representing a dividend yield of 41.24%. However, the company generated negative free cash flow of -$6.1M in FY2025 while paying $9.2M in dividends.
How strong is Natural Health Trends Corp.'s balance sheet?
As of June 30, 2026, the company held $18.6M in cash and short-term investments against $2.8M in total debt, resulting in $15.9M in net cash. It maintained a current ratio of 1.99 and a debt-to-equity ratio of 0.18.
What was Natural Health Trends Corp.'s recent earnings performance?
In FY2025, the company posted a net income of -$882,000 on revenue of $39.8M. For the quarter ended June 30, 2026, quarterly earnings fell 91.4% year-over-year while quarterly revenue declined 22.5%.
When is Natural Health Trends Corp.'s next earnings date?
The company's next earnings announcement is scheduled for November 4, 2026.