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Fisher

02/15/17 10:57 AM

#31806 RE: hweb2 #31803

NAII - somewhere early in Jan I had a conversation with a guy, whose name & position I don't recall. He told me that the BOD policy is only to buy back stock when it is trading below book. He also said he didn't believe they had publicly traded peers which I informed him wasn't correct.

I took him to task a bit for that since book value isn't how wall street is going to value a company like this. It is the wrong metric to apply to the stock valuation and they're completely ignoring comparisons to their closest publicly traded peers or broad market averages.

NAII
PE = 6.72

MJN - Nutrional supplements & vitamins
PE = 30, PEG = 13.4

HLF - Supplements
PE = 21.25

NUTR - Food, personal care, & supplements
PE = 16.7

OME - Fish oil supplements
PE = 18.6

ENZY - Supplements
PE = 81.8

LFVN - Supplements, pet health products
PE = 19.3

MTEX - Fitness products, vitamins & supplements
PE = 25.7

NATR - Supplements & personal care items
PE = 19.0

RELV - Supplements
Negative earnings, MC = 13.9M


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OBrien

02/15/17 11:10 AM

#31809 RE: hweb2 #31803

NAII Jeesh, adding more here in the 9.20s