NATURAL GROCERS BY VITAMIN C (NGVC) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:NGVC - US63888U1088 - Common Stock
26.53 USD
+0.6 (+2.31%)
26.53 USD
0 (0%)
Taking everything into account, NGVC scores 6 out of 10 in our fundamental rating. NGVC was compared to 38 industry peers in the Consumer Staples Distribution & Retail industry. NGVC scores excellent on profitability, but there are some minor concerns on its financial health. NGVC has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
- In the past year NGVC was profitable.
- NGVC had a positive operating cash flow in the past year.
- NGVC had positive earnings in each of the past 5 years.
- NGVC had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- With a decent Return On Assets value of 6.93%, NGVC is doing good in the industry, outperforming 73.68% of the companies in the same industry.
- Looking at the Return On Equity, with a value of 21.87%, NGVC is in the better half of the industry, outperforming 71.05% of the companies in the same industry.
- NGVC has a better Return On Invested Capital (9.59%) than 73.68% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for NGVC is significantly below the industry average of 28.30%.
- The 3 year average ROIC (7.59%) for NGVC is below the current ROIC(9.59%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.93% | ||
| ROE | 21.87% | ||
| ROIC | 9.59% |
ROA(3y)5.19%
ROA(5y)4.39%
ROE(3y)18.32%
ROE(5y)16.62%
ROIC(3y)7.59%
ROIC(5y)6.46%
1.3 Margins
- The Profit Margin of NGVC (3.49%) is better than 81.58% of its industry peers.
- NGVC's Profit Margin has improved in the last couple of years.
- With an excellent Operating Margin value of 4.67%, NGVC belongs to the best of the industry, outperforming 81.58% of the companies in the same industry.
- NGVC's Operating Margin has improved in the last couple of years.
- With a decent Gross Margin value of 29.90%, NGVC is doing good in the industry, outperforming 76.32% of the companies in the same industry.
- NGVC's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.67% | ||
| PM (TTM) | 3.49% | ||
| GM | 29.9% |
OM growth 3Y15.15%
OM growth 5Y11.8%
PM growth 3Y21.12%
PM growth 5Y12.59%
GM growth 3Y2.23%
GM growth 5Y1.83%
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.
- The number of shares outstanding for NGVC has been increased compared to 5 years ago.
- NGVC has a worse debt/assets ratio than last year.
2.2 Solvency
- An Altman-Z score of 3.40 indicates that NGVC is not in any danger for bankruptcy at the moment.
- With a Altman-Z score value of 3.40, NGVC perfoms like the industry average, outperforming 44.74% of the companies in the same industry.
- The Debt to FCF ratio of NGVC is 2.08, which is a good value as it means it would take NGVC, 2.08 years of fcf income to pay off all of its debts.
- The Debt to FCF ratio of NGVC (2.08) is better than 81.58% of its industry peers.
- A Debt/Equity ratio of 0.21 indicates that NGVC is not too dependend on debt financing.
- With a decent Debt to Equity ratio value of 0.21, NGVC is doing good in the industry, outperforming 68.42% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.21 | ||
| Debt/FCF | 2.08 | ||
| Altman-Z | 3.4 |
ROIC/WACC1.12
WACC8.59%
2.3 Liquidity
- A Current Ratio of 1.06 indicates that NGVC should not have too much problems paying its short term obligations.
- With a Current ratio value of 1.06, NGVC perfoms like the industry average, outperforming 47.37% of the companies in the same industry.
- A Quick Ratio of 0.22 indicates that NGVC may have some problems paying its short term obligations.
- NGVC has a Quick ratio of 0.22. This is amonst the worse of the industry: NGVC underperforms 89.47% 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 | 1.06 | ||
| Quick Ratio | 0.22 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 35.14% over the past year.
- The Earnings Per Share has been growing by 17.84% on average over the past years. This is quite good.
- NGVC shows a small growth in Revenue. In the last year, the Revenue has grown by 7.19%.
- Measured over the past years, NGVC shows a small growth in Revenue. The Revenue has been growing by 5.12% on average per year.
EPS 1Y (TTM)35.14%
EPS 3Y29.08%
EPS 5Y17.84%
EPS Q2Q%30.77%
Revenue 1Y (TTM)7.19%
Revenue growth 3Y6.89%
Revenue growth 5Y5.12%
Sales Q2Q%4.18%
3.2 Future
- The Earnings Per Share is expected to grow by 7.60% on average over the next years.
- Based on estimates for the next years, NGVC will show a quite strong growth in Revenue. The Revenue will grow by 10.46% on average per year.
EPS Next Y7.61%
EPS Next 2Y7.6%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year14.07%
Revenue Next 2Y10.46%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
- The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 13.27, NGVC is valued correctly.
- Based on the Price/Earnings ratio, NGVC is valued cheaper than 86.84% of the companies in the same industry.
- When comparing the Price/Earnings ratio of NGVC to the average of the S&P500 Index (26.94), we can say NGVC is valued rather cheaply.
- A Price/Forward Earnings ratio of 12.33 indicates a correct valuation of NGVC.
- Based on the Price/Forward Earnings ratio, NGVC is valued cheaper than 81.58% of the companies in the same industry.
- NGVC is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.94, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.27 | ||
| Fwd PE | 12.33 |
4.2 Price Multiples
- NGVC's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. NGVC is cheaper than 76.32% of the companies in the same industry.
- NGVC's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 25.45 | ||
| EV/EBITDA | 6.68 |
4.3 Compensation for Growth
- NGVC's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- The excellent profitability rating of NGVC may justify a higher PE ratio.
PEG (NY)1.74
PEG (5Y)0.74
EPS Next 2Y7.6%
EPS Next 3YN/A
5. Dividend
5.1 Amount
- NGVC has a Yearly Dividend Yield of 2.23%. Purely for dividend investing, there may be better candidates out there.
- The stock price of NGVC dropped by -35.98% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
- NGVC's Dividend Yield is rather good when compared to the industry average which is at 0.72. NGVC pays more dividend than 86.84% of the companies in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.83, NGVC pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.23% |
5.2 History
- The dividend of NGVC is nicely growing with an annual growth rate of 11.40%!
- NGVC has been paying a dividend for over 5 years, so it has already some track record.
Dividend Growth(5Y)11.4%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- NGVC pays out 23.70% of its income as dividend. This is a sustainable payout ratio.
- The dividend of NGVC is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP23.7%
EPS Next 2Y7.6%
EPS Next 3YN/A
26.53
+0.6 (+2.31%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupConsumer Staples Distribution & Retail
GICS IndustryConsumer Staples Distribution & Retail
Earnings (Last)11-20 2025-11-20/amc
Earnings (Next)02-04 2026-02-04
Inst Owners42.11%
Inst Owner Change0.1%
Ins Owners34.3%
Ins Owner Change0.03%
Market Cap608.86M
Revenue(TTM)1.33B
Net Income(TTM)46.44M
Analysts85.71
Price Target55.08 (107.61%)
Short Float %6.84%
Short Ratio3.03
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.23% |
Yearly Dividend0.48
Dividend Growth(5Y)11.4%
DP23.7%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
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)184.21%
EPS NQ rev (1m)0%
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.27 | ||
| Fwd PE | 12.33 | ||
| P/S | 0.46 | ||
| P/FCF | 25.45 | ||
| P/OCF | 11.01 | ||
| P/B | 2.87 | ||
| P/tB | 3.03 | ||
| EV/EBITDA | 6.68 |
EPS(TTM)2
EY7.54%
EPS(NY)2.15
Fwd EY8.11%
FCF(TTM)1.04
FCFY3.93%
OCF(TTM)2.41
OCFY9.08%
SpS57.99
BVpS9.25
TBVpS8.74
PEG (NY)1.74
PEG (5Y)0.74
Graham Number20.41
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.93% | ||
| ROE | 21.87% | ||
| ROCE | 12.14% | ||
| ROIC | 9.59% | ||
| ROICexc | 9.93% | ||
| ROICexgc | 10.17% | ||
| OM | 4.67% | ||
| PM (TTM) | 3.49% | ||
| GM | 29.9% | ||
| FCFM | 1.8% |
ROA(3y)5.19%
ROA(5y)4.39%
ROE(3y)18.32%
ROE(5y)16.62%
ROIC(3y)7.59%
ROIC(5y)6.46%
ROICexc(3y)7.81%
ROICexc(5y)6.66%
ROICexgc(3y)8.02%
ROICexgc(5y)6.84%
ROCE(3y)9.6%
ROCE(5y)8.17%
ROICexgc growth 3Y24.47%
ROICexgc growth 5Y18.99%
ROICexc growth 3Y24.63%
ROICexc growth 5Y18.9%
OM growth 3Y15.15%
OM growth 5Y11.8%
PM growth 3Y21.12%
PM growth 5Y12.59%
GM growth 3Y2.23%
GM growth 5Y1.83%
F-Score7
Asset Turnover1.98
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.21 | ||
| Debt/FCF | 2.08 | ||
| Debt/EBITDA | 0.49 | ||
| Cap/Depr | 98.63% | ||
| Cap/Sales | 2.36% | ||
| Interest Coverage | 19.9 | ||
| Cash Conversion | 58.88% | ||
| Profit Quality | 51.51% | ||
| Current Ratio | 1.06 | ||
| Quick Ratio | 0.22 | ||
| Altman-Z | 3.4 |
F-Score7
WACC8.59%
ROIC/WACC1.12
Cap/Depr(3y)118.49%
Cap/Depr(5y)112.72%
Cap/Sales(3y)2.94%
Cap/Sales(5y)2.88%
Profit Quality(3y)89.65%
Profit Quality(5y)86.35%
High Growth Momentum
Growth
EPS 1Y (TTM)35.14%
EPS 3Y29.08%
EPS 5Y17.84%
EPS Q2Q%30.77%
EPS Next Y7.61%
EPS Next 2Y7.6%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)7.19%
Revenue growth 3Y6.89%
Revenue growth 5Y5.12%
Sales Q2Q%4.18%
Revenue Next Year14.07%
Revenue Next 2Y10.46%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y24.84%
EBIT growth 3Y23.09%
EBIT growth 5Y17.53%
EBIT Next Year285.07%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-31.8%
FCF growth 3Y42.6%
FCF growth 5Y-8.31%
OCF growth 1Y-25.02%
OCF growth 3Y11.69%
OCF growth 5Y-3.62%
NATURAL GROCERS BY VITAMIN C / NGVC FAQ
What is the ChartMill fundamental rating of NATURAL GROCERS BY VITAMIN C (NGVC) stock?
ChartMill assigns a fundamental rating of 6 / 10 to NGVC.
What is the valuation status for NGVC stock?
ChartMill assigns a valuation rating of 6 / 10 to NATURAL GROCERS BY VITAMIN C (NGVC). This can be considered as Fairly Valued.
What is the profitability of NGVC stock?
NATURAL GROCERS BY VITAMIN C (NGVC) has a profitability rating of 8 / 10.
What is the earnings growth outlook for NATURAL GROCERS BY VITAMIN C?
The Earnings per Share (EPS) of NATURAL GROCERS BY VITAMIN C (NGVC) is expected to grow by 7.61% in the next year.
Can you provide the dividend sustainability for NGVC stock?
The dividend rating of NATURAL GROCERS BY VITAMIN C (NGVC) is 5 / 10 and the dividend payout ratio is 23.7%.