WallStSmart

BJs Wholesale Club Holdings Inc (BJ)vsNatural Alternatives International (NAII)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

BJs Wholesale Club Holdings Inc generates 15776% more annual revenue ($21.46B vs $135.16M). BJ leads profitability with a 2.7% profit margin vs -9.1%. BJ appears more attractively valued with a PEG of 2.39. BJ earns a higher WallStSmart Score of 52/100 (C-).

BJ

Buy

52

out of 100

Grade: C-

Growth: 4.7Profit: 6.0Value: 6.0Quality: 5.8
Piotroski: 5/9Altman Z: 3.87

NAII

Hold

46

out of 100

Grade: D+

Growth: 5.3Profit: 2.0Value: 5.7Quality: 5.0
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

BJUndervalued (+24.9%)

Margin of Safety

+24.9%

Fair Value

$132.59

Current Price

$92.45

$40.14 discount

UndervaluedFair: $132.59Overvalued
NAIIUndervalued (+89.9%)

Margin of Safety

+89.9%

Fair Value

$33.92

Current Price

$2.72

$31.20 discount

UndervaluedFair: $33.92Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

BJ2 strengths · Avg: 9.5/10
Altman Z-ScoreHealth
3.8710/10

Safe zone — low bankruptcy risk

Return on EquityProfitability
28.6%9/10

Every $100 of equity generates 29 in profit

NAII2 strengths · Avg: 10.0/10
Price/BookValuation
0.2x10/10

Reasonable price relative to book value

EPS GrowthGrowth
74.1%10/10

Earnings expanding 74.1% YoY

Areas to Watch

BJ4 concerns · Avg: 3.5/10
PEG RatioValuation
2.394/10

Expensive relative to growth rate

EPS GrowthGrowth
3.5%4/10

3.5% earnings growth

Profit MarginProfitability
2.7%3/10

2.7% margin — thin

Operating MarginProfitability
3.2%3/10

Operating margin of 3.2%

NAII4 concerns · Avg: 2.8/10
Revenue GrowthGrowth
2.1%4/10

2.1% revenue growth

Market CapQuality
$16.80M3/10

Smaller company, higher risk/reward

PEG RatioValuation
5.412/10

Expensive relative to growth rate

Return on EquityProfitability
-16.8%2/10

ROE of -16.8% — below average capital efficiency

Comparative Analysis Report

WallStSmart Research

Bull Case : BJ

The strongest argument for BJ centers on Altman Z-Score, Return on Equity.

Bull Case : NAII

The strongest argument for NAII centers on Price/Book, EPS Growth.

Bear Case : BJ

The primary concerns for BJ are PEG Ratio, EPS Growth, Profit Margin. Thin 2.7% margins leave little buffer for downturns.

Bear Case : NAII

The primary concerns for NAII are Revenue Growth, Market Cap, PEG Ratio.

Key Dynamics to Monitor

BJ profiles as a value stock while NAII is a turnaround play — different risk/reward profiles.

NAII carries more volatility with a beta of 0.39 — expect wider price swings.

BJ is growing revenue faster at 5.6% — sustainability is the question.

BJ generates stronger free cash flow (193M), providing more financial flexibility.

Bottom Line

BJ scores higher overall (52/100 vs 46/100). NAII offers better value entry with a 89.9% margin of safety. Both earn "Buy" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

BJs Wholesale Club Holdings Inc

CONSUMER DEFENSIVE · DISCOUNT STORES · USA

BJ's Wholesale Club Holdings, Inc., operates warehouse clubs on the East Coast of the United States. The company is headquartered in Westborough, Massachusetts.

Natural Alternatives International

CONSUMER DEFENSIVE · PACKAGED FOODS · USA

Natural Alternatives International, Inc. is dedicated to formulating, manufacturing, and marketing nutritional supplements in the United States and internationally. The company is headquartered in Carlsbad, California.

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