Natural Grocers by Vitamin Cottage, Inc. (NGVC)

NYSE: NGVC · USD

$30.2

-0.27 (-0.9%)· Recorded snapshot

Market cap	695.3M
Revenue (ttm)	1.3B
Net income (ttm)	47.6M
EPS (ttm)	$2.05
Shares out	23M
P/E (trailing)	14.7x
P/E (forward)	13.0x
Dividend	$0.60 (2.00%)
Volume	52,748
Beta	1.22

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 1.3B
Net income (ttm): 47.6M
EPS (ttm): $2.05
P/E (trailing): 14.7x
P/E (forward): 13.0x
Market cap: 695.3M

Ticker	Name	Market cap	P/E	P/S	ROIC	5Y rev CAGR	1Y total return	Rating
ADM	Archer-Daniels-Midland Company	37.3B	21.2x	0.5x	5.0%	+1.8%	+28.5%	减持
BF.B	Brown-Forman Corporation Class B	12.7B	17.9x	3.3x	14.3%	+1.6%	+0.4%	买入
CAG	Conagra Brands, Inc.	6.6B	—	0.6x	9.2%	+0.2%	-18.9%	强力买入

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/E13

P25 10.3P50 14.8P75 20.4

Trailing P/E14.7

P25 12.9P50 18.4P75 30.4

ROE21.6

P25 -19P50 5.1P75 16.5

ROIC8.9

P25 -7P50 6.6P75 13.4

Benchmarks · 1M

All NGVC indicators

Market & fundamental data

Available fields

281

Groups with data

Currency

USD

Showing 281 of 281 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	USD
CIK code	0001547459
Company name	Natural Grocers by Vitamin Cottage, Inc.
Country	United States
Country code	US
CUSIP number	63888U108
Earnings date	2026-11-19
Earnings time	amc
Employees	4,250
Employees change	105
Employees growth	2.53%
Enterprise value	$1B
Exchange	NYSE
Financial currency	USD
Financial report date	2026-06-30
First seen	2026-05-09
Fiscal year end	September
Founded	1955
In index	RUSSELL2000
Industry	Grocery Stores
IPO date	2012-07-25
Is primary listing	Yes
Is SPAC	No
ISIN number	US63888U1088
Last 10-K release date	2025-12-11
Last earnings date	2026-08-06
Last refreshed	2026-10-28
Last stock split type	Never
Market cap	$695.3M
Market cap category	Small-Cap
Next earnings date	2026-11-19
Options	Yes
Price	$30.17
Price currency	USD
Sector	Consumer Staples
SIC code	5411
Stock price date	2026-10-28
Symbol	NGVC
U.S. state	Colorado
Website	https://www.naturalgrocers.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Adjusted P/E ratio	14.65x
Average P/E ratio (10Y)	18.7x
Average P/E ratio (3Y)	16.97x
Average P/E ratio (5Y)	15.63x
Earnings yield	6.79%
EV/Earnings	20.98x
EV/EBIT	16.31x
EV/EBITDA	10.45x
EV/FCF	44x
EV/Sales	0.74x
FCF / EV yield	2.27%
FCF yield	3.27%
Forward EV/Sales	0.71x
Forward P/E	13.03x
Forward P/S	0.49x
Graham number	21.89004
Graham upside	-27.32%
Industry forward P/E	11.91x
Industry P/E	41.58x
Lynch fair value	$46.62
Lynch upside	54.79%
P/(FCF - SBC) ratio	36.4x
P/(OCF - SBC) ratio	10.35x
P/B ratio	2.93x
P/E ratio	14.72x
P/FCF ratio	30.56x
P/OCF ratio	9.81x
P/S ratio	0.52x
PEG ratio	2.77x
Price / tangible book value	3.11x
Price/EBITDA ratio	7.26x
Sector forward P/E	21.3x
Sector P/E	28.26x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT margin	4.56%
EBITDA margin	7.12%
Effective tax rate	21.31%
FCF margin	1.69%
Gross margin	33.47%
Operating margin	4.56%
Pretax margin	4.51%
Profit margin	3.55%
Profit per employee	$11,210
Profitable quarters	61
Profitable years	16
Revenue per employee	$316,196
ROA	5.69%
ROA (5Y)	3.89%
ROCE	11.57%
ROE	21.56%
ROE (5Y)	17.05%
ROIC	8.94%
ROIC (5Y)	6.24%
SBC / revenue	0.27%
Tax / revenue	0.96%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth	9.04%
EPS growth (Q)	-4%
EPS growth (QoQ)	-17.24%
EPS growth 10Y	13.65%
EPS growth 3Y	33.61%
EPS growth 5Y	22.03%
EPS growth years	6
FCF growth	-34.19%
FCF growth (QoQ)	-46.79%
FCF growth 3Y	27.36%
FCF growth 5Y	5.88%
Gross profit growth	0.99%
Gross profit growth (Q)	-0.24%
Gross profit growth 3Y	6.88%
Gross profit growth 5Y	5.94%
Net income growth	9.13%
Net income growth (Q)	-4.58%
Net income growth (QoQ)	-17.57%
Net income growth 3Y	34.63%
Net income growth 5Y	22.74%
Net income growth years	6
OCF growth	10.24%
OCF growth (Q)	283.84%
OCF growth (QoQ)	-50.42%
OCF growth 10Y	8.08%
OCF growth 3Y	15.13%
OCF growth 5Y	14.42%
Operating income growth	2.06%
Operating income growth (Q)	-16.58%
Operating income growth 3Y	25.13%
Operating income growth 5Y	20.1%
Revenue growth	2.01%
Revenue growth (Q)	1.84%
Revenue growth (QoQ)	-0.78%
Revenue growth 10Y	6.94%
Revenue growth 3Y	6.27%
Revenue growth 5Y	5.12%
Revenue growth quarters	20
Revenue growth years	15

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	$-48M
Depreciation and amortization	$34.4M
EBIT	$61.3M
EBITDA	$95.7M
EPS	$2.05
FCF per share	$0.99
Financing cash flow	$-18.1M
Free cash flow	$22.7M
Free cash flow minus SBC	$19.1M
Gross profit	$449.8M
Income taxes	$12.9M
Investing cash flow	$-48.4M
Net borrowing	$-3.7M
Net cash flow	$4.3M
Net income	$47.6M
Operating cash flow minus SBC	$67.1M
Operating income	$61.3M
Revenue	$1.3B
Stock-based compensation	$3.6M

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Altman Z-Score	3.6
Book value per share	$10.39
Debt / EBITDA	2.07
Debt / equity	1.35
Debt / FCF	14.21
Goodwill	$5.2M
Interest coverage	22.66
Long-term assets	$513.6M
Long-term liabilities	$290M
Net cash (debt)	$-305.2M
Net cash / market cap	-43.97%
Net debt / EBITDA	3.19
Net debt / equity	1.27
Net debt / FCF	13.44
Piotroski F-Score	5
Property, plant and equipment	$497.4M
Shareholders' equity	$239.4M
Tangible book value	$223.5M
Tangible book value per share	$9.70
Total assets	$687.7M
Total cash	$17.5M
Total debt	$322.7M
Total liabilities	$448.3M
WACC	7.7%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	2
Current assets	$174.1M
Current liabilities	$158.2M
Current ratio	1.1
Inventory turnover	6.88
Net working capital	$40.5M
Quick ratio	0.18
Working capital	$15.9M
Working capital turnover	146.22

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	-0.09%
Dividend growth	25%
Dividend growth (3Y)	14.47%
Dividend growth (5Y)	16.47%
Dividend growth years	2
Dividend payment date	2026-09-02
Dividend payment years	8
Dividend payout frequency	Quarterly
Dividend per share	$0.60
Dividend yield	2%
Ex-dividend date	2026-08-17
FCF payout ratio	60.88%
Last dividend	$0.15
Payout ratio	29.27%
Shareholder yield	1.9%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y price change	149.54%
10Y return CAGR	13.51%
10Y total return	254.86%
150-day SMA	$29.41
1D price change	-0.89%
1M price change	0.88%
1M total return	0.88%
1W price change	1.32%
1W total return	1.32%
1Y price change	-24.51%
1Y return CAGR	-22.87%
1Y total return	-22.86%
20-day SMA	$30.39
200-day SMA	$28.56
3M price change	-5.31%
3M total return	-4.8%
3Y price change	142.67%
3Y return CAGR	39.53%
3Y total return	171.69%
50-day SMA	$29.34
50-day SMA vs 200-day SMA	50over200
52-week high	$40.42
52-week high date	2025-10-28
52-week low	$23.47
52-week low date	2026-01-07
5Y price change	147.69%
5Y return CAGR	24.13%
5Y total return	194.67%
6M price change	10.59%
6M total return	11.77%
All-time high	$61.22
All-time high date	2025-05-12
All-time low	$4.79
All-time low date	2017-10-17
Average true range (ATR)	$1.06
Average volume	98.7K
Beta (1Y)	-0.27
Beta (2Y)	0.4
Beta (5Y)	1.22
Change from 52-week high	-25.36%
Change from 52-week low	28.55%
Change from all-time high	-51.05%
Change from all-time low	525.81%
Change from open	-0.53%
Day's gap	-0.36%
Dollar volume	$1.6M
High price	$30.33
Low price	$30.03
Monthly RSI	49.94
Open price	$30.33
Position in 52-week range	46.67%
Premarket change	0%
Premarket close	$30.44
Premarket price	$30.44
Previous close	$30.44
Price vs 150-day SMA	1.89%
Price vs 20-day SMA	-1.39%
Price vs 200-day SMA	4.95%
Price vs 50-day SMA	2.15%
Relative volume	0.53
RSI	48.14
Sharpe ratio	-0.54
Sharpe ratio (3Y)	0.81
Sharpe ratio (5Y)	0.6
Sortino ratio	-0.58
Sortino ratio (3Y)	1.49
Sortino ratio (5Y)	1.09
Volume	52.7K
Weekly RSI	50.85
YTD price change	19.64%
YTD total return	21.6%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	9.6M
Float percentage	41.46%
Shares change (QoQ)	0.21%
Shares change (YoY)	0.09%
Shares held by insiders	39.03%
Shares held by institutions	40.9%
Shares outstanding	23M
Short % of float	11.22%
Short % of shares	4.65%
Short ratio	7.1 days

Deeper analysis on NGVC

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

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Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

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Sensitivity

Cost-of-equity and terminal-growth stress table.

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Risks

Kill scenarios, soft-pass flags, and downside catalysts.

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Earnings

Next earnings setup and beat / inline / miss thresholds.

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Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

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Financials

Revenue, margins, cash flow, and balance-sheet context.

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Peers

Relative valuation and profitability against the cohort.

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Moat

Economic-profit evidence and competitive advantage risk.

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Industry cycle

Sector phase, capital cycle, and secular tailwinds.

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Frequently asked questions

About this NGVC report

Is a complete NGVC research report available?

No complete published report is available for Natural Grocers by Vitamin Cottage, Inc. (NGVC) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

Natural Grocers by Vitamin Cottage, Inc. (NGVC)

Price

Financial snapshot

Fair-value bridge

Latest news · NGVC

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All NGVC indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on NGVC

Frequently asked questions