TL;DR: Nu Skin trades at a ~$234M market cap with $251.8M of net working capital, $379.6M of PP&E, and essentially zero net debt. You’re getting the real estate, the factories, and the brand for less than free. There’s an unfilled daily gap from Feb 13 up to $9.78 — which is still a 5% discount to tangible book. Yes it’s an MLM. Yes revenue is falling. The balance sheet (6/30/26 10-Q, ~48.55M shares out) Cash + ST investments: $190.0M — that’s $3.91/share, roughly 81% of the stock price sit
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