CELH
Celsius Holdings, Inc.
CELH's fundamentals are strong and it looks cheap: trading at 35x earnings, less than half its usual 142x. Analysts expect strong earnings growth, though they disagree widely on how much.
NAII
Natural Alternatives International, Inc.
There isn't enough reported data to score NAII yet.
CELH Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Stable | |
| Strong |
CELH's revenue, profitability and balance sheet are currently healthy, and its cash flow is stable.
NAII Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Weak | |
| Weak | |
| Strong |
NAII's revenue and balance sheet are currently healthy, but its profitability and cash flow are weak.
CELH PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 21x | $31.89 | — |
| Current | 35x | $31.89 | — |
| Cheap | 40x | $35.95 | +13% |
| Fair | 141x | $127 | +299% |
| Expensive | 650x | $585 | +1735% |
Historical ranges are pointers, not guarantees.
CELH's PE is in its cheap range at 35x. If earnings grow as analysts expect, today's price would be 21x next year's earnings.
NAII PE Valuation
NAII has no meaningful PE right now: it lost money over the past year.
CELH Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Improving | |
| Limited | |
| Low |
Analysts expect earnings and revenue growth for CELH, with profitability improving. However, they disagree widely on these estimates.
NAII Forward outlook
There aren't enough analyst estimates for NAII to show an outlook.
CELH Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.53 | +70% |
| Q3 2026 | $0.90 | +718% |
| Q2 2026 | $0.24 | -37% |
| Q1 2026 | $0.43 | +30% |
| Q4 2025 | $0.25 | -44% |
| Q3 2025 | $0.11 | -85% |
| Q2 2025 | $0.38 | -62% |
| Q1 2025 | $0.33 | -64% |
| Q4 2024 | $0.45 | -42% |
CELH has the edge over NAII on earnings quality, reporting a profit while its opponent remains loss making.
NAII Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | -$3.43 | -$1.15 |
| Q1 2026 | -$2.40 | -$1.01 |
| Q4 2025 | -$2.05 | -$0.76 |
| Q3 2025 | -$2.00 | -$0.56 |
| Q2 2025 | -$2.28 | -$1.05 |
| Q1 2025 | -$1.39 | -$0.83 |
| Q4 2024 | -$1.29 | -$0.59 |
| Q3 2024 | -$1.44 | -1208% |
NAII lost $3.43 per share over the past year, a bigger loss than the year before.
CELH Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $847.2M | +17% |
| Q2 2026 | $817.9M | +11% |
| Q1 2026 | $782.6M | +138% |
| Q4 2025 | $721.6M | +117% |
| Q3 2025 | $725.1M | +173% |
| Q2 2025 | $739.3M | +84% |
| Q1 2025 | $329.3M | -7.4% |
| Q4 2024 | $332.2M | -4.4% |
CELH's revenue has grown year over year for six quarters in a row: $847M last quarter, up 17% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 20% | +31 points |
| Q2 2026 | 9.2% | -10 points |
| Q1 2026 | 18% | +2 points |
| Q4 2025 | 3.6% | +9.2 points |
| Q3 2025 | -11% | -9.8 points |
| Q2 2025 | 19% | -4.1 points |
| Q1 2025 | 16% | -7.6 points |
| Q4 2024 | -5.6% | -23 points |
CELH has the edge over NAII on profitability, with a higher operating margin.
NAII Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $34.5M | +1.9% |
| Q1 2026 | $35.5M | +23% |
| Q4 2025 | $34.8M | +2.1% |
| Q3 2025 | $37.7M | +14% |
| Q2 2025 | $33.9M | +15% |
| Q1 2025 | $28.8M | +14% |
| Q4 2024 | $34.1M | +35% |
| Q3 2024 | $33.2M | -2.4% |
NAII's revenue has grown year over year for seven quarters in a row: $35M last quarter, up 1.9% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -38% | -32 points |
| Q1 2026 | -11% | -4 points |
| Q4 2025 | -5.3% | +2.9 points |
| Q3 2025 | 0.8% | +6.3 points |
| Q2 2025 | -5.7% | +2.8 points |
| Q1 2025 | -7.3% | +0.5 points |
| Q4 2024 | -8.2% | +5.8 points |
| Q3 2024 | -5.5% | -3.9 points |
NAII's operating margin was −38% last quarter, down 32 points from the same quarter a year ago, near the bottom of its range since 2019.
CELH Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $127.7M | -60% |
| Q2 2026 | $205.5M | +479% |
| Q1 2026 | $65.8M | -32% |
| Q4 2025 | -$130M | -285% |
| Q3 2025 | $321.5M | +3599% |
| Q2 2025 | $35.5M | +17% |
| Q1 2025 | $96.4M | -26% |
| Q4 2024 | $70.3M | +16394% |
CELH has the edge over NAII on cash generation, producing positive trailing cash flow while its opponent burns cash.
NAII Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$1.7M | -190% |
| Q1 2026 | $1.4M | -73% |
| Q4 2025 | -$7.3M | -$6.2M |
| Q3 2025 | -$5.1M | -$1.3M |
| Q2 2025 | $1.9M | +$5.6M |
| Q1 2025 | $5.2M | +$9.1M |
| Q4 2024 | -$1M | -$938K |
| Q3 2024 | -$3.7M | -216% |
NAII's free cash flow was −$13M over the past year, against $2M the year before.
CELH Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.8% | -2M shares |
| 1 year | -1.1% | -2.9M shares |
| 3 years | +7.4% | +17.6M shares |
| 5 years | +8.3% | +19.5M shares |
| Available history | +32% | +62.4M shares |
CELH has the edge over NAII on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $300,000 |
| Q2 2026 | $1M |
| Q1 2026 | $8.8M |
| Q4 2025 | $2.5M |
| Q3 2025 | $448,000 |
| Q2 2025 | $879,000 |
| Q1 2025 | $1.9M |
| Q4 2024 | $603,000 |
CELH spent $13M buying back its own shares over the past year, about three times what it spent the year before.
NAII Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | +2.4K shares |
| 1 year | +1.4% | +81.3K shares |
| 3 years | +2.6% | +150K shares |
| 5 years | -5.5% | -352K shares |
| Available history | -14% | -957K shares |
NAII has 6M diluted shares, up 1.4% from a year ago, despite $89,000 in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q2 2026 | $2,000 |
| Q1 2026 | $82,000 |
| Q4 2025 | — |
| Q3 2025 | $5,000 |
| Q2 2025 | $2,000 |
| Q1 2025 | $168,000 |
| Q4 2024 | — |
| Q3 2024 | $8,000 |
NAII spent $89,000 buying back its own shares over the past year, down 50% from the year before.
CELH Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.1x | Net Cash |
| Q2 2026 | 0.2x | Very low |
| Q1 2026 | 0.5x | Very low |
| Q4 2025 | 1.6x | Healthy |
| Q3 2025 | 0.5x | Very low |
| Q2 2025 | 1.4x | Healthy |
| Q1 2025 | -7.3x | Net Cash |
| Q4 2024 | -5.5x | Net Cash |
CELH has more cash than debt.
NAII Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q1 2024 | -1.7x | Net Cash |
| Q4 2023 | -6.1x | Net Cash |
| Q3 2023 | -1.0x | Net Cash |
| Q2 2023 | -0.5x | Net Cash |
| Q1 2023 | 0.3x | Very low |
| Q4 2022 | -0.2x | Net Cash |
| Q3 2022 | 0.1x | Very low |
| Q2 2022 | -0.7x | Net Cash |
NAII has more cash than debt.
CELH Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 51.3 | Neutral |
| Stochastic | 56.8 | Neutral |
CELH's weekly RSI is 51 (neutral) and its Stochastic is 57 (neutral).
NAII Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 22.9 | Oversold |
| Stochastic | 1.7 | Oversold |
NAII's weekly RSI is 23 (oversold) and its Stochastic is 2 (oversold).
CELH PE vs Consumer Defensive Sector
| Metric | CELH | Sector median | Relative |
|---|---|---|---|
| PE | 35x | 19x | 82% above |
| PE % | 11 | 18 | 7 pts below |
CELH is trading at 35x earnings, a 82% premium to the Consumer Defensive sector's median of 19x.
NAII PE vs Consumer Defensive Sector
| Metric | NAII | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 19x | — |
NAII has no meaningful PE right now: it lost money over the past year.
CELH Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $29.1 | 9.4% above |
| 20 week MA | $29.6 | 7.8% above |
| 50 week MA | $36.1 | 12% below |
| 100 week MA | $38.8 | 18% below |
| 200 week MA | $44.6 | 29% below |
CELH has the edge over NAII on trend strength, trading above more of its moving averages.
NAII Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $1.23 | 23% below |
| 20 week MA | $1.80 | 47% below |
| 50 week MA | $2.54 | 63% below |
| 100 week MA | $3.02 | 69% below |
| 200 week MA | $4.81 | 80% below |
NAII is in a downtrend: it's below all five of its weekly moving averages, and 80% below its 200-week average.
CELH Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $1.58 | $14.7 | +832% |
| 2021 | $14.7 | $24.9 | +69% |
| 2022 | $24.9 | $35.6 | +43% |
| 2023 | $35.6 | $54.5 | +53% |
| 2024 | $54.5 | $26.5 | -51% |
| 2025 | $26.5 | $45.6 | +72% |
| 2026 YTD | $45.6 | $31.9 | -30% |
CELH has the edge over NAII on returns for 2026, with the stronger performance.
NAII Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $7.96 | $10.8 | +36% |
| 2021 | $10.8 | $12.5 | +15% |
| 2022 | $12.5 | $8.42 | -33% |
| 2023 | $8.42 | $6.53 | -22% |
| 2024 | $6.53 | $4.26 | -35% |
| 2025 | $4.26 | $3.42 | -20% |
| 2026 YTD | $3.42 | $0.95 | -72% |
NAII has finished four years in a row lower, and it's down 72% so far in 2026.