NATURAL GROCERS BY VITAMIN C (NGVC) Stock Fundamental Analysis
USA - NYSE:NGVC - US63888U1088 - Common Stock
39.7 USD
+0.84 (+2.16%)
39.7 USD
0 (0%)
NGVC gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 39 industry peers in the Consumer Staples Distribution & Retail industry. While NGVC has a great profitability rating, 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.
In the past year NGVC had a positive cash flow from operations.
Each year in the past 5 years NGVC has been profitable.
Each year in the past 5 years NGVC had a positive operating cash flow.
1.2 Ratios
The Return On Assets of NGVC (6.62%) is better than 69.23% of its industry peers.
NGVC's Return On Equity of 21.56% is fine compared to the rest of the industry. NGVC outperforms 71.79% of its industry peers.
The Return On Invested Capital of NGVC (9.65%) is better than 76.92% of its industry peers.
The Average Return On Invested Capital over the past 3 years for NGVC is below the industry average of 8.71%.
The last Return On Invested Capital (9.65%) for NGVC is above the 3 year average (6.18%), which is a sign of increasing profitability.
| 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
Looking at the Profit Margin, with a value of 3.31%, NGVC belongs to the top of the industry, outperforming 82.05% of the companies in the same industry.
NGVC's Profit Margin has improved in the last couple of years.
The Operating Margin of NGVC (4.59%) is better than 84.62% of its industry peers.
NGVC's Operating Margin has improved in the last couple of years.
The Gross Margin of NGVC (29.92%) is better than 71.79% of its industry peers.
NGVC's Gross Margin has improved in the last couple of years.
| 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.
NGVC has more shares outstanding than it did 1 year ago.
The number of shares outstanding for NGVC has been increased compared to 5 years ago.
Compared to 1 year ago, NGVC has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 3.78 indicates that NGVC is not in any danger for bankruptcy at the moment.
With a Altman-Z score value of 3.78, NGVC perfoms like the industry average, outperforming 48.72% of the companies in the same industry.
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.
NGVC has a better Debt to FCF ratio (1.39) than 79.49% 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 better Debt to Equity ratio (0.21) than 64.10% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.21 | ||
| Debt/FCF | 1.39 | ||
| Altman-Z | 3.78 |
ROIC/WACC1.13
WACC8.53%
2.3 Liquidity
NGVC has a Current Ratio of 1.02. This is a normal value and indicates that NGVC is financially healthy and should not expect problems in meeting its short term obligations.
NGVC's Current ratio of 1.02 is on the low side compared to the rest of the industry. NGVC is outperformed by 69.23% 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.
NGVC's Quick ratio of 0.21 is on the low side compared to the rest of the industry. NGVC is outperformed by 87.18% 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
The Earnings Per Share has grown by an impressive 39.26% over the past year.
The Earnings Per Share has been growing by 28.65% on average over the past years. This is a very strong growth
The Revenue has grown by 8.51% in the past year. This is quite good.
NGVC shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.56% yearly.
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 21.12, which indicates a rather expensive current valuation of NGVC.
Compared to the rest of the industry, the Price/Earnings ratio of NGVC indicates a somewhat cheap valuation: NGVC is cheaper than 61.54% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 27.69. NGVC is valued slightly cheaper when compared to this.
A Price/Forward Earnings ratio of 45.79 indicates a quite expensive valuation of NGVC.
NGVC's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. NGVC is more expensive than 61.54% of the companies in the same industry.
NGVC is valuated expensively when we compare the Price/Forward Earnings ratio to 23.18, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.12 | ||
| Fwd PE | 45.79 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, NGVC is valued a bit cheaper than 61.54% of the companies in the same industry.
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 | 26.77 | ||
| EV/EBITDA | 10.05 |
4.3 Compensation for Growth
The excellent profitability rating of NGVC may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.74
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.22%, 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.
Compared to an average S&P500 Dividend Yield of 2.34, NGVC's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.22% |
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
39.7
+0.84 (+2.16%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupConsumer Staples Distribution & Retail
GICS IndustryConsumer Staples Distribution & Retail
Earnings (Last)
Earnings (Next)
Inst Owners42.48%
Inst Owner Change-0.62%
Ins Owners34.39%
Ins Owner Change-0.04%
Market Cap911.12M
Analysts85.71
Price TargetN/A
Short Float %9.95%
Short Ratio4.83
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.22% |
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 | 21.12 | ||
| Fwd PE | 45.79 | ||
| P/S | 0.69 | ||
| P/FCF | 26.77 | ||
| P/OCF | 14.2 | ||
| P/B | 4.5 | ||
| P/tB | 4.79 | ||
| EV/EBITDA | 10.05 |
EPS(TTM)1.88
EY4.74%
EPS(NY)0.87
Fwd EY2.18%
FCF(TTM)1.48
FCFY3.74%
OCF(TTM)2.8
OCFY7.04%
SpS57.4
BVpS8.82
TBVpS8.29
PEG (NY)N/A
PEG (5Y)0.74
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 | 3.78 |
F-Score8
WACC8.53%
ROIC/WACC1.13
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%