NATURAL GROCERS BY VITAMIN C (NGVC)
US63888U1088 - Common Stock
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. NGVC scores excellent on profitability, but there are some minor concerns on its financial health. NGVC is quite expensive at the moment. 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
Looking at the Return On Assets, with a value of 4.71%, NGVC is in the better half of the industry, outperforming 65.85% of the companies in the same industry.
The Return On Equity of NGVC (18.36%) is better than 73.17% of its industry peers.
Looking at the Return On Invested Capital, with a value of 7.01%, NGVC is in line with its industry, outperforming 53.66% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for NGVC is below the industry average of 9.18%.
The last Return On Invested Capital (7.01%) for NGVC is above the 3 year average (4.92%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.71% | ||
| ROE | 18.36% | ||
| ROIC | 7.01% |
ROA(3y)3.28%
ROA(5y)3.13%
ROE(3y)13.93%
ROE(5y)11.86%
ROIC(3y)4.92%
ROIC(5y)4.84%
1.3 Margins
NGVC has a better Profit Margin (2.54%) than 75.61% of its industry peers.
In the last couple of years the Profit Margin of NGVC has grown nicely.
NGVC's Operating Margin of 3.65% is fine compared to the rest of the industry. NGVC outperforms 63.41% of its industry peers.
NGVC's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 29.14%, NGVC is in the better half of the industry, outperforming 75.61% of the companies in the same industry.
In the last couple of years the Gross Margin of NGVC has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.65% | ||
| PM (TTM) | 2.54% | ||
| GM | 29.14% |
OM growth 3Y3.33%
OM growth 5Y10.63%
PM growth 3Y1.85%
PM growth 5Y6.38%
GM growth 3Y1.63%
GM growth 5Y1.53%
2. Health
2.1 Basic Checks
NGVC has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, NGVC has about the same amount of shares outstanding.
NGVC has more shares outstanding than it did 5 years ago.
The debt/assets ratio for NGVC has been reduced compared to a year ago.
2.2 Solvency
NGVC has an Altman-Z score of 3.27. This indicates that NGVC is financially healthy and has little risk of bankruptcy at the moment.
NGVC's Altman-Z score of 3.27 is in line compared to the rest of the industry. NGVC outperforms 43.90% of its industry peers.
The Debt to FCF ratio of NGVC is 2.07, which is a good value as it means it would take NGVC, 2.07 years of fcf income to pay off all of its debts.
NGVC's Debt to FCF ratio of 2.07 is amongst the best of the industry. NGVC outperforms 80.49% of its industry peers.
A Debt/Equity ratio of 0.36 indicates that NGVC is not too dependend on debt financing.
NGVC has a Debt to Equity ratio (0.36) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.36 | ||
| Debt/FCF | 2.07 | ||
| Altman-Z | 3.27 |
ROIC/WACC0.81
WACC8.69%
2.3 Liquidity
A Current Ratio of 0.96 indicates that NGVC may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.96, NGVC is doing worse than 60.98% of the companies in the same industry.
A Quick Ratio of 0.18 indicates that NGVC may have some problems paying its short term obligations.
NGVC's Quick ratio of 0.18 is on the low side compared to the rest of the industry. NGVC is outperformed by 92.68% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.96 | ||
| Quick Ratio | 0.18 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 58.82% over the past year.
NGVC shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 20.59% yearly.
Looking at the last year, NGVC shows a quite strong growth in Revenue. The Revenue has grown by 8.42% in the last year.
NGVC shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.08% yearly.
EPS 1Y (TTM)58.82%
EPS 3Y5.04%
EPS 5Y20.59%
EPS Q2Q%29.03%
Revenue 1Y (TTM)8.42%
Revenue growth 3Y3.23%
Revenue growth 5Y6.08%
Sales Q2Q%9.68%
3.2 Future
Based on estimates for the next years, NGVC will show a decrease in Earnings Per Share. The EPS will decrease by -7.80% on average per year.
Based on estimates for the next years, NGVC will show a small growth in Revenue. The Revenue will grow by 5.33% on average per year.
EPS Next Y-4%
EPS Next 2Y-7.8%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year6.88%
Revenue Next 2Y5.33%
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 stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 25.76 indicates a quite expensive valuation of NGVC.
The rest of the industry has a similar Price/Earnings ratio as NGVC.
When comparing the Price/Earnings ratio of NGVC to the average of the S&P500 Index (28.65), we can say NGVC is valued inline with the index average.
Based on the Price/Forward Earnings ratio of 40.12, the valuation of NGVC can be described as expensive.
NGVC's Price/Forward Earnings ratio is in line with the industry average.
NGVC is valuated expensively when we compare the Price/Forward Earnings ratio to 23.56, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.76 | ||
| Fwd PE | 40.12 |
4.2 Price Multiples
NGVC's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, NGVC is valued a bit cheaper than 60.98% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.66 | ||
| EV/EBITDA | 11.29 |
4.3 Compensation for Growth
The decent profitability rating of NGVC may justify a higher PE ratio.
A cheap valuation may be justified as NGVC's earnings are expected to decrease with -7.80% in the coming years.
PEG (NY)N/A
PEG (5Y)1.25
EPS Next 2Y-7.8%
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.
NGVC's Dividend Yield is a higher than the industry average which is at 2.55.
Compared to an average S&P500 Dividend Yield of 2.23, NGVC's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.22% |
5.2 History
On average, the dividend of NGVC grows each year by 12.62%, which is quite nice.
NGVC has been paying a dividend for over 5 years, so it has already some track record.
NGVC has decreased its dividend in the last 3 years.
Dividend Growth(5Y)12.62%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
NGVC pays out 103.41% of its income as dividend. This is not a sustainable payout ratio.
The Dividend Rate of NGVC has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP103.41%
EPS Next 2Y-7.8%
EPS Next 3YN/A
NATURAL GROCERS BY VITAMIN C
NYSE:NGVC (11/20/2024, 8:04:00 PM)
After market: 34.78 0 (0%)34.78
+0.31 (+0.9%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupConsumer Staples Distribution & Retail
GICS IndustryConsumer Staples Distribution & Retail
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap792.64M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.22% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
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EPS beat(8)
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EPS beat(12)
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EPS beat(16)
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Revenue beat(2)
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Revenue beat(4)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.76 | ||
| Fwd PE | 40.12 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)1.25
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.71% | ||
| ROE | 18.36% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 3.65% | ||
| PM (TTM) | 2.54% | ||
| GM | 29.14% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover1.86
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.36 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.96 | ||
| Quick Ratio | 0.18 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)58.82%
EPS 3Y5.04%
EPS 5Y
EPS Q2Q%
EPS Next Y-4%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)8.42%
Revenue growth 3Y3.23%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y