IFF vs NAII vs WST Stock Comparison

International Flavors & Fragrances, Natural Alternatives International and West Pharmaceutical Services Prices as of Oct 29, 2026 Peers: Industry group

Head to Head

12 decided of 12

West Pharmaceutical Services leads on 8 of the 12 questions below (West Pharmaceutical Services 8, International Flavors & Fragrances 3, Natural Alternatives International 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionIFFNAIIWSTLeader
Larger companyMarket capitalisation $23.18B $6.69M $29.02B WST
Cheaper on earningsLower P/E, profitable companies only 33.3x -0.3x 45.8x IFF
Cheaper on forward earningsLower price / next fiscal year consensus EPS 27.7x — 43.5x IFF
Faster revenue growthRevenue growth, trailing twelve months -4.6% +9.7% +12.6% WST
More profitableNet margin, trailing twelve months 7.0% -14.5% 18.8% WST
Better return on capitalReturn on invested capital 3.0% -24.9% 19.3% WST
Less leveragedLower net debt / EBITDA 3.0x -0.8x -0.3x NAII
Higher dividend yieldTrailing dividend yield 1.76% — 0.21% IFF
Better 1-year returnPrice return, last 12 months +43.5% -60.5% +45.9% WST
Better 5-year returnAnnualised price return, 5 years -9.2%/yr -38.5%/yr -0.7%/yr WST
Less volatileAnnualised volatility, 1 year 35.0% 67.9% 31.3% WST
Higher overall scoreMean of the five percentile scores vs peers 51/100 32/100 70/100 WST

Percentile Scorecard

IFFNAIIWST

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisIFFNAIIWST
Valuation 50 #48 of 94 30 #8 of 11 50 #115 of 227
Growth 80 #19 of 92 0 #11 of 11 49 #112 of 218
Profitability 60 #35 of 86 40 #7 of 11 94 #14 of 202
Financial Health 41 #55 of 93 58 #6 of 13 78 #52 of 233
Shareholder Returns 24 #54 of 71 – 79 #28 of 130
Overall 51 32 70
  • IFF ranked among 99 companies in Chemicals
  • NAII ranked among 13 companies in Pharma Services
  • WST ranked among 247 companies in Medical Devices and Diagnostics

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodIFFNAIIWSTSPY
1 month +6.5%-24.5%+10.4% +0.7%
3 months +14.2%-54.3%+22.5% +3.7%
6 months +29.3%-58.4%+39.7% +7.1%
Year to date +34.7%-69.0%+51.1% +12.8%
1 year +43.5%-60.5%+45.9% +11.9%
3 years +39.1%-81.9%+30.0% +85.2%
3 years, per year +11.6%-43.4%+9.1% +22.8%
5 years -38.4%-91.2%-3.3% +67.6%
5 years, per year -9.2%-38.5%-0.7% +10.9%
10 years -32.5%-91.6%+467.2% +262.0%
10 years, per year -3.9%-22.0%+19.0% +13.7%

Risk

MeasureIFFNAIIWSTSPY
Volatility, 1Y 35.0%67.9%31.3% 12.7%
Downside volatility, 1Y 28.7%77.0%30.9% 12.6%
Beta vs S&P 500, 1Y 0.670.870.62 1.00
Return / volatility, 1Y 1.24-0.891.47 0.94
Max drawdown, 5Y -61.1%-92.3%-59.6% -25.4%
From 52-week high -3.5%-77.0%0.0% -1.2%
52-week high $94.13$4.83$415.75 $779.14
52-week low $61.49$1.11$230.95 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleIFFNAIIWST
P/E now vs peer median 33.3xmedian 21.0x -0.3xmedian 36.6x 45.8xmedian 28.7x
P/S now vs peer median 2.3xmedian 1.4x 0.0xmedian 2.6x 8.5xmedian 3.0x
EV/EBITDA now vs peer median 16.6xmedian 12.9x -1.3xmedian 31.1x 29.8xmedian 17.8x
P/FCF now vs peer median 42.9xmedian 15.5x -0.5xmedian 21.8x 64.0xmedian 26.4x
P/B now vs peer median 1.7xmedian 1.7x 0.1xmedian 3.1x 9.8xmedian 2.4x
PEG now vs peer median 1.03median 1.68 0.00median 2.05 6.84median 0.99

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsIFFNAIIWST
Revenue $9.98B $142.52M $3.40B
Gross profit $3.74B $9.00M $1.28B
Operating income $754.00M -$18.75M $780.20M
Net income $295.00M -$20.70M $638.90M
Free cash flow $540.00M -$12.62M $453.40M
R&D $684.00M – $75.60M
EPS (diluted) $2.71 $-3.43 $9.02
Cash & equivalents $569.00M $7.39M $464.10M
Total debt $5.70B $63.29M $202.90M
Shares (diluted) 257.00M 6.03M 70.80M
Enterprise value $20.87B -$21.39M $26.81B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricIFFNAIIWST
P/E 33.3x -0.3x 45.8x
P/FCF 42.9x -0.5x 64.0x
P/Operating cash flow 20.0x -0.8x 44.3x
P/S 2.3x 0.0x 8.5x
P/B 1.7x 0.1x 9.8x
P/Tangible book 2.3x 0.1x 9.8x
EV/EBITDA 16.6x -1.3x 29.8x
EV/EBIT 37.5x -1.0x 36.9x
EV/Revenue 2.8x 0.1x 8.5x
EV/FCF 52.4x -1.4x 63.4x
EV/Operating cash flow 24.4x -2.0x 43.9x
PEG (3Y EPS CAGR) 1.03 0.00 6.84

Growth

14 metrics
MetricIFFNAIIWST
Revenue growth (1Y) -4.6% 9.7% 12.6%
Revenue CAGR (3Y) -5.6% -2.6% 5.1%
Gross profit growth (1Y) -3.8% -3.1% 18.9%
Gross profit CAGR (3Y) -0.2% -20.9% 4.7%
Operating income growth (1Y) 295.8% -116.5% 32.7%
Operating income CAGR (3Y) 35.2% -81.5% 6.6%
Net income growth (1Y) 170.2% -52.4% 29.9%
Net income CAGR (3Y) 28.8% -116.9% 4.5%
EPS growth (1Y) 900.0% -50.4% 33.2%
EPS CAGR (3Y) 32.3% -115.5% 6.7%
Operating cash flow growth (1Y) 5.4% -250.3% -5.7%
Operating cash flow CAGR (3Y) 12.2% -48.4% -5.2%
Free cash flow growth (1Y) -4.4% -644.3% 19.6%
Free cash flow CAGR (3Y) 26.8% -24.7% 2.6%

Profitability

14 metrics
MetricIFFNAIIWST
Gross margin 37.5% 6.3% 37.6%
EBITDA margin 17.1% -9.9% 28.4%
Operating margin 7.6% -13.2% 23.0%
Pretax margin 3.5% -14.2% 23.2%
Net margin 7.0% -14.5% 18.8%
FCF margin 5.4% -8.9% 13.3%
Operating cash flow margin 11.6% -6.3% 19.3%
Return on equity 2.1% -36.6% 20.9%
Return on assets 1.2% -14.7% 15.3%
Return on invested capital 3.0% -24.9% 19.3%
Return on capital employed 3.6% -18.2% 22.8%
Asset turnover 0.4x 1.0x 0.8x
Cash conversion (OCF / net income) 3.9x 0.4x 1.0x
Stock comp / revenue 0.9% 0.5% 0.8%

Financial Health

11 metrics
MetricIFFNAIIWST
Debt / assets 22.7% 14.8% 5.0%
Debt / equity 0.4x 0.4x 0.1x
Net debt / EBITDA 3.0x -0.8x -0.3x
Debt / FCF 10.6x -1.5x 0.4x
Liabilities / assets 44.3% 60.5% 26.9%
Equity / assets 55.7% 39.5% 73.1%
Interest coverage 4.0x – 96.3x
Current ratio 2.1x 1.7x 2.8x
Quick ratio 0.5x 0.5x 1.9x
Cash ratio 0.1x 0.2x 0.7x
Altman Z-score 1.78 1.38 19.42

Shareholder Returns

7 metrics
MetricIFFNAIIWST
Dividend yield 1.8% – 0.2%
Net buyback yield 0.3% 1.3% 2.3%
Shareholder yield 2.1% 1.3% 2.5%
Payout ratio (earnings) 138.6% – 9.8%
Payout ratio (FCF) 75.7% – 13.9%
Dividend growth (1Y) 0.0% – 3.5%
Dividend CAGR (3Y) -20.7% – 3.7%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusIFFNAIIWST
Forward P/E 27.7xFY2026 – 43.5xFY2026
EPS, next fiscal year $3.28FY2026 – $9.56FY2026
EPS growth, next FY -21.9%FY2026 – +31.1%FY2026
EPS growth, the year after +23.5% – +10.6%
Revenue, next fiscal year $8.10BFY2026 – $3.24BFY2026
Revenue growth, next FY -25.7%FY2026 – +5.6%FY2026
Revenue growth, the year after -8.1% – +16.8%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersIFFNAIIWST
Held by institutions 100.0% 10.5% 99.5%
Institutions holding 754 24 834
Change in shares held, QoQ +6.0% +6.0% -0.9%
Institutions buying 411 8 449
Institutions selling 226 7 261
Buyers to sellers 1.82 1.14 1.72

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

IFFNAIIWST
IFF 1.00 0.12 0.16
NAII 0.12 1.00 0.09
WST 0.16 0.09 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, IFF, NAII and WST?

West Pharmaceutical Services (WST) is the largest by market capitalisation: International Flavors & Fragrances (IFF) $23.18B, Natural Alternatives International (NAII) $6.69M, West Pharmaceutical Services (WST) $29.02B.

Which stock is cheaper, IFF, NAII and WST?

International Flavors & Fragrances (IFF) trades on the lowest price-to-earnings ratio (International Flavors & Fragrances (IFF) 33.3x, Natural Alternatives International (NAII) -0.3x, West Pharmaceutical Services (WST) 45.8x). On next year's consensus earnings, International Flavors & Fragrances (IFF) is cheapest (International Flavors & Fragrances (IFF) 27.7x, West Pharmaceutical Services (WST) 43.5x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

West Pharmaceutical Services (WST) grew revenue fastest over the trailing twelve months: International Flavors & Fragrances (IFF) -4.6%, Natural Alternatives International (NAII) +9.7%, West Pharmaceutical Services (WST) +12.6%.

Which company is more profitable?

West Pharmaceutical Services (WST) has the highest net margin (International Flavors & Fragrances (IFF) 7.0%, Natural Alternatives International (NAII) -14.5%, West Pharmaceutical Services (WST) 18.8%). On return on invested capital, West Pharmaceutical Services (WST) leads (International Flavors & Fragrances (IFF) 3.0%, Natural Alternatives International (NAII) -24.9%, West Pharmaceutical Services (WST) 19.3%).

Which stock has performed better?

Over the past year West Pharmaceutical Services (WST) returned the most: International Flavors & Fragrances (IFF) +43.5%, Natural Alternatives International (NAII) -60.5%, West Pharmaceutical Services (WST) +45.9%. Over five years, West Pharmaceutical Services (WST) compounded fastest (International Flavors & Fragrances (IFF) -9.2%/yr, Natural Alternatives International (NAII) -38.5%/yr, West Pharmaceutical Services (WST) -0.7%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

International Flavors & Fragrances (IFF) has the highest dividend yield: International Flavors & Fragrances (IFF) 1.76%, West Pharmaceutical Services (WST) 0.21%. Natural Alternatives International (NAII) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, West Pharmaceutical Services (WST) has been the steadiest (International Flavors & Fragrances (IFF) 35.0%, Natural Alternatives International (NAII) 67.9%, West Pharmaceutical Services (WST) 31.3%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, IFF, NAII and WST?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, West Pharmaceutical Services (WST) leads on 8. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.