NATURAL GROCERS BY VITAMIN C (NGVC) Stock Fundamental Analysis
NYSE:NGVC - US63888U1088 - Common Stock
38.81 USD
-0.44 (-1.12%)
38.81 USD
0 (0%)
NGVC gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 41 industry peers in the Consumer Staples Distribution & Retail industry. While NGVC belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. NGVC is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
NGVC had positive earnings in the past year.
NGVC had a positive operating cash flow in the past year.
Each year in the past 5 years NGVC has been profitable.
In the past 5 years NGVC always reported a positive cash flow from operatings.
1.2 Ratios
NGVC has a Return On Assets of 6.62%. This is in the better half of the industry: NGVC outperforms 68.29% of its industry peers.
NGVC's Return On Equity of 21.56% is fine compared to the rest of the industry. NGVC outperforms 73.17% of its industry peers.
NGVC has a better Return On Invested Capital (9.65%) than 78.05% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for NGVC is below the industry average of 8.38%.
The 3 year average ROIC (6.18%) for NGVC is below the current ROIC(9.65%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.62% | ||
| ROE | 21.56% | ||
| ROIC | 9.65% |
ROA(3y)3.96%
ROA(5y)3.59%
ROE(3y)15.61%
ROE(5y)14.56%
ROIC(3y)6.18%
ROIC(5y)5.44%
1.3 Margins
NGVC's Profit Margin of 3.31% is fine compared to the rest of the industry. NGVC outperforms 78.05% of its industry peers.
NGVC's Profit Margin has improved in the last couple of years.
NGVC has a better Operating Margin (4.59%) than 85.37% of its industry peers.
NGVC's Operating Margin has improved in the last couple of years.
NGVC has a Gross Margin of 29.92%. This is in the better half of the industry: NGVC outperforms 68.29% of its industry peers.
In the last couple of years the Gross Margin of NGVC has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.59% | ||
| PM (TTM) | 3.31% | ||
| GM | 29.92% |
OM growth 3Y12.38%
OM growth 5Y16.6%
PM growth 3Y11.88%
PM growth 5Y21.31%
GM growth 3Y2.01%
GM growth 5Y2.14%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), NGVC is creating some value.
The number of shares outstanding for NGVC has been increased compared to 1 year ago.
NGVC has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, NGVC has an improved debt to assets ratio.
2.2 Solvency
NGVC has an Altman-Z score of 3.79. This indicates that NGVC is financially healthy and has little risk of bankruptcy at the moment.
NGVC has a Altman-Z score (3.79) which is in line with its industry peers.
NGVC has a debt to FCF ratio of 1.39. This is a very positive value and a sign of high solvency as it would only need 1.39 years to pay back of all of its debts.
The Debt to FCF ratio of NGVC (1.39) is better than 82.93% of its industry peers.
NGVC has a Debt/Equity ratio of 0.21. This is a healthy value indicating a solid balance between debt and equity.
NGVC has a Debt to Equity ratio of 0.21. This is in the better half of the industry: NGVC outperforms 63.41% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.21 | ||
| Debt/FCF | 1.39 | ||
| Altman-Z | 3.79 |
ROIC/WACC1.11
WACC8.67%
2.3 Liquidity
A Current Ratio of 1.02 indicates that NGVC should not have too much problems paying its short term obligations.
NGVC has a Current ratio of 1.02. This is in the lower half of the industry: NGVC underperforms 63.41% of its industry peers.
NGVC has a Quick Ratio of 1.02. This is a bad value and indicates that NGVC is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of NGVC (0.21) is worse than 90.24% of its industry peers.
NGVC does not score too well on the current and quick ratio evaluation. However, as it has excellent solvency and profitability, these ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.02 | ||
| Quick Ratio | 0.21 |
3. Growth
3.1 Past
NGVC shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 39.26%, which is quite impressive.
The Earnings Per Share has been growing by 28.65% on average over the past years. This is a very strong growth
NGVC shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.51%.
The Revenue has been growing slightly by 6.56% on average over the past years.
EPS 1Y (TTM)39.26%
EPS 3Y17.6%
EPS 5Y28.65%
EPS Q2Q%25%
Revenue 1Y (TTM)8.51%
Revenue growth 3Y5.56%
Revenue growth 5Y6.56%
Sales Q2Q%6.35%
3.2 Future
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next Y-41.42%
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year3.8%
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 20.64, which indicates a rather expensive current valuation of NGVC.
NGVC's Price/Earnings ratio is in line with the industry average.
The average S&P500 Price/Earnings ratio is at 27.06. NGVC is valued slightly cheaper when compared to this.
A Price/Forward Earnings ratio of 44.76 indicates a quite expensive valuation of NGVC.
Based on the Price/Forward Earnings ratio, NGVC is valued a bit more expensive than the industry average as 60.98% of the companies are valued more cheaply.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.69, NGVC is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.64 | ||
| Fwd PE | 44.76 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as NGVC.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of NGVC is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 26.17 | ||
| EV/EBITDA | 10.15 |
4.3 Compensation for Growth
NGVC has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.72
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.25%, NGVC has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 1.94, NGVC pays a bit more dividend than its industry peers.
With a Dividend Yield of 1.25, NGVC pays less dividend than the S&P500 average, which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.25% |
5.2 History
The dividend of NGVC is nicely growing with an annual growth rate of 12.62%!
NGVC has been paying a dividend for over 5 years, so it has already some track record.
Dividend Growth(5Y)12.62%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
NGVC pays out 24.14% of its income as dividend. This is a sustainable payout ratio.
DP24.14%
EPS Next 2YN/A
EPS Next 3YN/A
38.81
-0.44 (-1.12%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupConsumer Staples Distribution & Retail
GICS IndustryConsumer Staples Distribution & Retail
Earnings (Last)
Earnings (Next)
Inst Owners36.63%
Inst Owner Change17.04%
Ins Owners34.41%
Ins Owner Change0.08%
Market Cap890.69M
Analysts85.71
Price TargetN/A
Short Float %10.74%
Short Ratio4.86
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.25% |
Yearly Dividend1.4
Dividend Growth(5Y)12.62%
DP24.14%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.64 | ||
| Fwd PE | 44.76 | ||
| P/S | 0.68 | ||
| P/FCF | 26.17 | ||
| P/OCF | 13.88 | ||
| P/B | 4.4 | ||
| P/tB | 4.68 | ||
| EV/EBITDA | 10.15 |
EPS(TTM)1.88
EY4.84%
EPS(NY)0.87
Fwd EY2.23%
FCF(TTM)1.48
FCFY3.82%
OCF(TTM)2.8
OCFY7.2%
SpS57.4
BVpS8.82
TBVpS8.29
PEG (NY)N/A
PEG (5Y)0.72
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.62% | ||
| ROE | 21.56% | ||
| ROCE | 11.97% | ||
| ROIC | 9.65% | ||
| ROICexc | 9.91% | ||
| ROICexgc | 10.16% | ||
| OM | 4.59% | ||
| PM (TTM) | 3.31% | ||
| GM | 29.92% | ||
| FCFM | 2.58% |
ROA(3y)3.96%
ROA(5y)3.59%
ROE(3y)15.61%
ROE(5y)14.56%
ROIC(3y)6.18%
ROIC(5y)5.44%
ROICexc(3y)6.33%
ROICexc(5y)5.62%
ROICexgc(3y)6.51%
ROICexgc(5y)5.77%
ROCE(3y)7.66%
ROCE(5y)6.74%
ROICexcg growth 3Y20.04%
ROICexcg growth 5Y7.65%
ROICexc growth 3Y19.86%
ROICexc growth 5Y7.84%
OM growth 3Y12.38%
OM growth 5Y16.6%
PM growth 3Y11.88%
PM growth 5Y21.31%
GM growth 3Y2.01%
GM growth 5Y2.14%
F-Score8
Asset Turnover2
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.21 | ||
| Debt/FCF | 1.39 | ||
| Debt/EBITDA | 0.47 | ||
| Cap/Depr | 94.93% | ||
| Cap/Sales | 2.29% | ||
| Interest Coverage | 12.27 | ||
| Cash Conversion | 69.63% | ||
| Profit Quality | 77.98% | ||
| Current Ratio | 1.02 | ||
| Quick Ratio | 0.21 | ||
| Altman-Z | 3.79 |
F-Score8
WACC8.67%
ROIC/WACC1.11
Cap/Depr(3y)123.16%
Cap/Depr(5y)111.96%
Cap/Sales(3y)3.11%
Cap/Sales(5y)2.97%
Profit Quality(3y)85.33%
Profit Quality(5y)112.96%
High Growth Momentum
Growth
EPS 1Y (TTM)39.26%
EPS 3Y17.6%
EPS 5Y28.65%
EPS Q2Q%25%
EPS Next Y-41.42%
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)8.51%
Revenue growth 3Y5.56%
Revenue growth 5Y6.56%
Sales Q2Q%6.35%
Revenue Next Year3.8%
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y36.2%
EBIT growth 3Y18.63%
EBIT growth 5Y24.25%
EBIT Next Year81.12%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y289.04%
FCF growth 3Y11.09%
FCF growth 5Y49.8%
OCF growth 1Y38.45%
OCF growth 3Y11.04%
OCF growth 5Y14.56%