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Natural Grocers by Vitamin Cottage, Inc.
$644M
Market Cap
20.0
P/E
25.00
PEG
9.4%
ROCE
24.0%
ROE
1.37
D/E
4.7%
OPM
-28.7%
% from 52W High
27
α RS
🔍 NGVC is showing a notable setup because an ECS of 56 last quarter and magic_formula preset's Backtest win rate is 52.1% over 90 days. Net: Partial signal stack, not a recommendation. ? ECS Backtest
Sources
ECS 56 · Backtest win rate 52.1%
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🌏 Global Investor Returns
Currency-adjusted total returns for NGVC including FX impact
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📈 Price History
Ratio Health
Excellent
Good
Average
Poor
By Category
📊 Sector Averages
About

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.

Key Ratios Snapshot
📈 Growth Pattern
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⭐ Superinvestors Holding NGVC
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Manager Shares Value % of Fund Period
Jim Simons Renaissance Technologies LLC 327.1K $8.5M 0.01% Mar 2026
Steve Cohen Point72 Asset Management 70.0K $1.8M 0.00% Mar 2026

SEC Form 13F data. 45-day lag from quarter end.

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✓ 📞 Earnings Call Transcripts (5 quarters) submit a missing quarter
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📞 Earnings Call Transcripts (5)
Q3 2026 Q3 2026 2026-08-06
Q3 saw 1.8% net sales growth and 1.2% comp sales growth, with strong {N}power Rewards engagement and new store openings. Gross margin declined due to one-time impacts, but expense management supported earnings. Fiscal 2026 guidance was refined, and sustainability efforts were recognized.
Q2 2026 Q2 2026 2026-05-07
Second quarter saw modest sales and earnings growth, with strong loyalty program gains and improved gross margin. Guidance was refined upward for EPS, with continued investment in new stores and technology, despite ongoing consumer uncertainty.
Q1 2026 Q1 2026 2026-02-05
First quarter results met expectations with 1.7% comp sales growth and 14% EPS growth. Guidance for fiscal 2026 is maintained, with plans for 6–8 new stores and continued investment in growth initiatives. Cautious consumer spending and isolated inventory shrink events impacted margins.
Q4 2025 Q4 2025 2025-11-20
Fourth quarter and fiscal 2025 results showed record sales and earnings, with EPS above guidance and strong comparable store sales growth. Fiscal 2026 guidance anticipates continued expansion, positive free cash flow, and a 25% dividend increase, despite macroeconomic uncertainty.
Q3 2025 Q3 2025 2025-08-07
Third quarter net sales rose 6.3% year-over-year to $328.7 million, with comparable store sales up 7.4%. Gross margin improved, and net income increased 26%. Fiscal 2025 guidance for sales growth and EPS was raised, and store expansion is accelerating.
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Financial Model
Projections are built from each company's audited annual financials (Income Statement, Balance Sheet, Cash Flow) over the last 5 fiscal years. Forward assumptions — revenue growth %, EBITDA margin, D&A (USD millions), interest expense, tax rate, and capex — are AI-generated using historical context and refreshed twice a year: after the December results season and after the September/Q4 results season.

DCF Valuation
Fair Value = Σ(FCFt / (1+WACC)t) + Terminal Value. Terminal Value uses the Gordon Growth Model: FCF5 × (1+g) / (WACC−g). Default WACC: 10% (US risk-free ~4.5%, equity risk premium ~5.5%). Default terminal growth: 3% (long-run US nominal GDP proxy).

CAGR Tracker
Expected 5-year CAGR = (DCF Fair Value / Current Price)1/5 − 1. Assumes fair value is reached in exactly 5 years — a mechanical estimate only.

Data Sources & Limitations
Financial statements sourced from public filings. Prices updated daily. Forward assumptions are AI-generated. All monetary values in USD millions. Non-US ADR companies may have currency conversion inaccuracies. Models are point-in-time and do not update intra-quarter or account for M&A, macro shocks, or extraordinary items.

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