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Natural Grocers by Vitamin Cottage, Inc. NGVC R2KR3K

Consumer Defensive · Grocery Stores · United States
https://www.naturalgrocers.com
Company Profile ↓
$31.46
-18.94% 1Y
Mkt Cap$725.02M
P/E15.35
P/B2.98
Div. Yield2.05%
52W High$40.08
52W Low$23.33
Book Value$10.39
EPS (TTM)$2.05

Company Overview

Natural Grocers by Vitamin Cottage, Inc., together with its subsidiaries, retails natural and organic groceries, and dietary supplements in the United States. The company's stores offer natural and organic grocery products, such as organic produce; private label repackaged bulk products, including dried fruits, nuts, grains, granolas, teas, herbs, and spices, as well as peanut and almond butters; private label products comprising grocery staples, household products, bulk foods, and vitamins and dietary supplements, as well as organic eggs, organic flavored coffee, and organic mustard; dry, frozen, and canned groceries; meat and seafood products; dairy products, dairy substitutes, and eggs; prepared foods; bread and baked products; beverages; and beer, wine, and hard cider products. Its stores also provide name-brand supplements, as well as private label dietary supplements; body care products consisting of cosmetics, skin care, hair care, fragrance, and personal care products containing natural and organic ingredients; pet care and food products; household and general merchandise, including cleaning supplies, paper products, and dish and laundry soaps, as well as other common household products, such as diapers; and books and handouts. The company operates its retail stores under the Natural Grocers, Vitamin Cottage, Health Hotline, Natural Grocers by Vitamin Cottage trademark, as well as Vitamin Cottage Natural Grocers and Health Hotline trademarks. The company also offers science-based nutrition education programs to help customers make informed health and nutrition choices. The company was formerly known as Vitamin Cottage Natural Food Markets, Inc. Natural Grocers by Vitamin Cottage, Inc. was founded in 1955 and is headquartered in Lakewood, Colorado.

Why Investors Should Care

Strong Return on Equity

Generates a return on equity of 21.6%, reflecting efficient use of shareholder capital.

Consistent Profit Growth

Net profit has compounded at 20.3% per year over the last five years.

Steady Revenue Expansion

Revenue has grown at a 12.2% CAGR over the past five years.

Reasonable Valuation

Trades at a P/E of 15.3, below the sector median of 19.6.

Dividend Income

Offers a dividend yield of 2.05%.

Positive Free Cash Flow

Generates positive free cash flow, funding growth and shareholder returns internally.

Recent Developments

  • Sep 2025 Revenue of $1.33B (+7.2% YoY); net profit $46.44M.
  • Trailing 12 Months Year-on-year growth — revenue +1.8%, earnings -4.0%.
  • 5-Year Trend Long-term compounding — revenue CAGR 12.2%, profit CAGR 20.3%.

Growth & Price Performance

Compounded Sales Growth

5 Years:12.23%
1 Year:1.80%

Compounded Profit Growth

5 Years:20.27%
1 Year:-4.00%

Stock Price Performance

1 Year:-18.94%
6 Months:+16.09%
3 Months:-0.07%
1 Month:+4.97%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

Technical Snapshot Bullish
52-Week Range 49% of range
$23.33 $40.08
Trend Signals
  • Price vs 50-DMAAbove
  • Price vs 200-DMAAbove
  • RSI (14)58.95 · Neutral
Price Performance
1M+4.97%
3M-0.07%
6M+16.09%
1Y-18.94%
Valuation vs Sector

P/E of 15.35 is below the sector median of 19.62 — relatively cheaper than peers.

Auto-generated from price history and fundamentals; not investment advice.

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Price Chart

Robinhood TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

  • Strong return on equity of 21.6%.
  • Compounding revenue at 12.2% over 5 years.
  • Profit CAGR of 20.3% over 5 years.
  • Generates positive free cash flow.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

No notable concerns flagged.

* The pros and cons are auto-generated from financial metrics.

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Valuation

Stock P/E
15.35
Industry PE
19.62
Forward P/E
13.54
PEG Ratio
1.44
Book Value
$10.39
Price to Book
2.98
P/S
0.53
EV/EBITDA
10.65
Dividend Yield
2.05%

Growth (CAGR)

Revenue 5Y
12.23%
Profit 5Y
20.27%
Revenue (YoY)
1.80%
Earnings (YoY)
-4.00%

Profitability & Returns

ROCE
12.11%
ROE
21.56%
ROA
5.69%
Profit Margin
3.55%
Op Margin
3.89%
Gross Margin
33.47%
EPS (Latest Qtr)
$0.48
EPS (TTM)
$2.05

Balance Sheet & Liquidity

Debt/Equity
1.35
Quick Ratio
0.18
Current Ratio
1.10
Debt
$322.68M
Total Assets
$687.69M
Current Assets
-
Working Capital
-

Ownership

Promoter Holding
43.83%
Chg in Prom Hold
-0.01%
FII / Inst Holding
40.97%
Chg in FII Hold
-0.00%

Financial Snapshot

Enterprise Value
$725.02M
Total Revenue (TTM)
$1.34B
EBITDA
$95.66M
Free Cash Flow
$15.54M
Operating Cash Flow
$70.72M
Shares Outstanding
23.05M
Gross Margin
33.47%
Payout Ratio
27.80%

Peer comparison

Peer companies in the same sector (Consumer Defensive).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 NGVC Natural Grocers by Vitamin Cottage, Inc. R2KR3K 31.46 15.35 $725.02M 2.05% 12.11% 21.56% 12.23% 20.27%
2 WMT Walmart Inc. SPXR3K 119.89 43.44 $951.18B 0.93% 16.83% 22.31% 3.82% 3.24%
3 COST Costco Wholesale Corporation NDXSPXR3K 1,003.32 48.38 $444.60B 0.62% 25.96% 28.40% 8.16% 11.45%
4 KO The Coca-Cola Company SPXR3K 92.71 27.84 $398.89B 2.41% 16.47% 42.05% 2.86% 4.46%
5 PG The Procter & Gamble Company SPXR3K 161.02 24.32 $374.28B 2.95% 22.49% 30.29% 0.52% 1.59%
6 PM Philip Morris International Inc. SPXR3K 199.47 27.40 $310.90B 3.09% 34.03% -113.55% -1.69% 3.57%
7 PEP PepsiCo, Inc. NDXSPXR3K 135.77 17.79 $185.46B 4.43% 15.41% 51.51% 4.93% 2.11%
8 BUD Anheuser-Busch InBev SA/NV 84.26 18.16 $147.21B 1.80% 8.49% 11.39% 0.88% 4.63%
9 MO Altria Group, Inc. SPXR3K 74.31 15.64 $124.08B 6.37% 38.27% - 1.24% -1.89%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in USD.

Metric Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Dec 2023Mar 2024Jun 2024Dec 2024Mar 2025Jun 2025Dec 2025Mar 2026Jun 2026
Revenue --------202.48M215.91M213.13M-221.51M230.45M224.41M-230.03M277.52M265.11M-265.05M259.20M258.62M-277.29M271.82M266.31M-280.46M283.25M281.79M301.75M308.09M309.08M330.22M335.77M328.70M335.58M337.38M334.74M
Gross Profit 48.30M51.60M50.93M50.94M52.15M54.16M52.78M53.24M53.16M58.28M56.83M57.30M59.15M62.21M58.42M58.97M60.52M77.82M72.38M72.41M73.03M71.83M71.54M75.79M78.74M76.78M73.56M75.80M78.72M82.48M81.39M88.76M90.36M90.33M98.82M101.75M98.28M98.86M102.44M98.01M
Operating Income 6.69M6.45M4.01M3.22M4.17M5.51M1.68M2.74M2.19M5.65M3.76M3.46M4.04M6.12M3.83M2.77M2.85M13.26M6.69M4.96M5.20M6.71M7.05M9.37M12.02M8.86M5.65M3.62M6.42M8.43M9.08M10.80M11.26M12.85M13.35M17.55M15.59M14.65M18.11M15.00M
Net Income ----2.06M3.00M598.00K-5.18M3.40M1.99M-2.20M3.86M2.00M-1.87M9.72M4.69M-3.63M4.70M5.03M-8.91M6.36M3.93M-4.41M5.88M7.07M7.75M7.96M9.21M9.94M13.10M11.61M11.33M13.43M11.07M
Diluted EPS 0.170.160.120.070.090.130.030.060.230.150.090.090.100.170.090.060.080.430.210.160.160.210.220.320.390.280.170.090.190.260.310.340.350.400.430.560.500.490.580.48

Profit & Loss (Annual)

Figures in USD.

Metric Sep 2011Sep 2012Sep 2013Sep 2014Sep 2015Sep 2016Sep 2017Sep 2018Sep 2019Sep 2020Sep 2021Sep 2022Sep 2023Sep 2024Sep 2025
Revenue 264.54M336.38M430.65M520.67M624.68M705.50M769.03M849.04M903.58M1.04B1.06B1.09B1.14B1.24B1.33B
Gross Profit 77.38M99.06M125.73M151.50M182.10M201.77M212.34M225.57M238.75M283.14M292.19M304.88M326.93M364.81M397.88M
Operating Income 7.41M11.99M19.09M24.25M28.63M20.38M14.10M15.05M16.77M27.75M28.33M30.16M31.67M46.98M61.99M
Net Income 3.50M6.65M10.55M13.47M16.20M11.47M6.89M12.66M9.42M20.01M20.58M21.36M23.24M33.94M46.44M
Diluted EPS 0.160.300.470.600.720.510.310.560.420.890.910.941.021.472.00

Balance Sheet (Annual)

Figures in USD.

Metric Sep 2010Sep 2011Sep 2012Sep 2013Sep 2014Sep 2015Sep 2016Sep 2017Sep 2018Sep 2019Sep 2020Sep 2021Sep 2022Sep 2023Sep 2024Sep 2025
Total Assets --125.66M159.90M188.99M233.92M282.25M299.99M307.08M327.11M681.79M655.08M663.11M669.18M655.48M670.50M
Total Equity 12.31M15.93M72.95M84.53M98.85M115.49M126.72M133.88M146.73M156.91M173.07M142.73M155.81M170.84M174.25M212.40M
Cash & Equivalents 446.00K378.00K17.29M8.13M5.11M2.92M4.02M6.52M9.40M6.21M28.53M23.68M12.04M18.34M8.87M17.12M
Long Term Debt ----------021.94M13.94M5.94M0-
Total Liabilities --52.71M75.37M90.13M118.44M155.52M166.11M160.36M170.21M508.73M512.35M507.30M498.34M481.22M458.11M
Current Liabilities --34.09M38.40M49.89M69.88M66.54M71.56M79.69M83.27M129.15M133.77M137.73M154.03M164.13M158.78M

Cash Flows (Annual)

Figures in USD.

Metric Sep 2011Sep 2012Sep 2013Sep 2014Sep 2015Sep 2016Sep 2017Sep 2018Sep 2019Sep 2020Sep 2021Sep 2022Sep 2023Sep 2024Sep 2025
Operating Cash Flow ----41.00M28.83M40.85M42.86M37.38M66.50M53.88M39.69M64.61M73.76M55.30M
Investing Cash Flow -----42.34M-53.74M-38.50M-23.54M-31.86M-29.56M-27.75M-31.14M-37.95M-38.60M-30.97M
Financing Cash Flow -----863.00K26.02M154.00K-16.44M-8.70M-14.63M-30.98M-20.19M-20.35M-44.63M-16.09M
Capital Expenditure -20.45M-25.26M-39.71M-36.51M-36.75M-53.76M-41.14M-23.69M-30.03M-26.75M-26.35M-28.04M-36.57M-37.54M-31.20M
Free Cash Flow ----4.25M-24.93M-290.00K19.18M7.35M39.75M27.53M11.65M28.04M36.22M24.10M
Share Buybacks -----829.00K261.00K581.00K0000181.00K00

Ratios (Annual)

Figures in %.

Metric Sep 2011Sep 2012Sep 2013Sep 2014Sep 2015Sep 2016Sep 2017Sep 2018Sep 2019Sep 2020Sep 2021Sep 2022Sep 2023Sep 2024Sep 2025
Gross Margin % 29.3%29.4%29.2%29.1%29.2%28.6%27.6%26.6%26.4%27.3%27.7%28.0%28.7%29.4%29.9%
Operating Margin % 2.8%3.6%4.4%4.7%4.6%2.9%1.8%1.8%1.9%2.7%2.7%2.8%2.8%3.8%4.7%
Net Margin % 1.3%2.0%2.5%2.6%2.6%1.6%0.9%1.5%1.0%1.9%1.9%2.0%2.0%2.7%3.5%
ROE % 22.0%9.1%12.5%13.6%14.0%9.1%5.1%8.6%6.0%11.6%14.4%13.7%13.6%19.5%21.9%
ROCE % -13.1%15.7%17.4%17.5%9.4%6.2%6.6%6.9%5.0%5.4%5.7%6.1%9.6%12.1%

Shareholding Pattern

Insiders
43.83%
Institutions
40.97%
Public Float
72.94%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 4.30% 991.82K $29.44M
2 Dimensional Fund Advisors LP 2.83% 651.75K $19.34M
3 American Century Companies Inc 2.83% 652.77K $19.37M
4 Royce & Associates LP 2.60% 600.26K $17.82M
5 Vanguard Capital Management LLC 2.32% 534.65K $15.87M
6 Morgan Stanley 2.05% 472.23K $14.02M
7 Two Sigma Investments, LP 1.46% 337.31K $10.01M
8 Geode Capital Management, LLC 1.32% 304.07K $9.02M
9 AQR Capital Management, LLC 1.29% 298.07K $8.85M
10 Vanguard Portfolio Management LLC 1.28% 295.76K $8.78M

Analyst View

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Latest News

Recent headlines for NGVC

Google News Fri, 23 Oct 2026

Natural Grocers by Vitamin Cottage (NYSE:NGVC) Shares Gap Up - What's Next? - MarketBeat

<a href="https://news.google.com/rss/articles/CBMiyAFBVV95cUxQbmRXX0ZmSlRHSjZOX3ZJVUVPMWIyYkU2M2lFMHI4d2N1Y21rZlBEeTdvOG1PdUdqSllzV2xZVVJtTmhkUnpfakJteGJLQU9nLVR3Y29teVRBNWpRTlJ0cHhNVGhhdWtIOEtYTTFYbmZHb1dTTGdudUhjMmxJRzEtV09pUHVjMVl2NzdZdn…

Google News Fri, 23 Oct 2026

(NGVC) Movement Within Algorithmic Entry Frameworks - Stock Traders Daily

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Google News Wed, 21 Oct 2026

NGVC Oct 2026 40.000 call (NGVC261016C00040000) stock historical prices and data - Yahoo Finance UK

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Google News Sat, 10 Oct 2026

Natural Grocers by Vitamin C (NYSE:NGVC): A GARP Case for Growth at a Reasonable Price - ChartMill

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Google News Mon, 25 May 2026

Natural Grocers By Vitamin Cottage Looks Tasty (NYSE:NGVC) - Seeking Alpha

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Google News Wed, 21 Oct 2026

NGVC Oct 2026 30.000 call (NGVC261016C00030000) stock price, news, quote and history - Yahoo Finance Singapore

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NGVC — Frequently Asked Questions

What is the current share price of Natural Grocers by Vitamin Cottage, Inc. (NGVC)?

As of 2026-10-23 16:27 PDT, Natural Grocers by Vitamin Cottage, Inc. (NGVC) trades at $31.46 on NYSE. Its 52-week range is $23.33 to $40.08.

What is the market capitalisation of NGVC?

Natural Grocers by Vitamin Cottage, Inc. (NGVC) has a market capitalisation of $725.02M on NYSE.

What is the P/E ratio of NGVC?

NGVC trades at a trailing price-to-earnings (P/E) ratio of 15.35. The industry average P/E is 19.62. Its price-to-book (P/B) ratio is 2.98.

Does NGVC pay a dividend?

Natural Grocers by Vitamin Cottage, Inc. (NGVC) currently offers a dividend yield of 2.05%.

What is the return on equity (ROE) of NGVC?

NGVC has a return on equity (ROE) of 21.56%. Its return on capital employed (ROCE) is 12.11%.

Is NGVC a good stock to buy?

This page provides a data-driven analysis of Natural Grocers by Vitamin Cottage, Inc. (NGVC), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

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