NATURAL GROCERS BY VITAMIN C (NGVC) Stock Fundamental Analysis
NYSE:NGVC - New York Stock Exchange, Inc. - US63888U1088 - Common Stock
Overall NGVC gets a fundamental rating of 5 out of 10. We evaluated NGVC against 41 industry peers in the Consumer Staples Distribution & Retail industry. While NGVC belongs to the best of the industry regarding profitability, 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.
NGVC had a positive operating cash flow in the past year.
NGVC had positive earnings in each of the past 5 years.
In the past 5 years NGVC always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 5.18%, NGVC is in the better half of the industry, outperforming 72.50% of the companies in the same industry.
Looking at the Return On Equity, with a value of 19.47%, NGVC is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
NGVC's Return On Invested Capital of 8.16% is fine compared to the rest of the industry. NGVC outperforms 72.50% of its industry peers.
NGVC had an Average Return On Invested Capital over the past 3 years of 6.18%. This is below the industry average of 8.38%.
The last Return On Invested Capital (8.16%) for NGVC is above the 3 year average (6.18%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.18% | ||
| ROE | 19.47% | ||
| ROIC | 8.16% |
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
NGVC has a better Profit Margin (2.73%) than 77.50% of its industry peers.
NGVC's Profit Margin has improved in the last couple of years.
NGVC has a Operating Margin of 4.01%. This is in the better half of the industry: NGVC outperforms 75.00% 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 29.38%, NGVC is in the better half of the industry, outperforming 70.00% of the companies in the same industry.
NGVC's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.01% | ||
| PM (TTM) | 2.73% | ||
| GM | 29.38% |
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
NGVC has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying 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.
NGVC has a better debt/assets ratio than last year.
2.2 Solvency
NGVC has an Altman-Z score of 3.53. This indicates that NGVC is financially healthy and has little risk of bankruptcy at the moment.
With a Altman-Z score value of 3.53, NGVC perfoms like the industry average, outperforming 42.50% of the companies in the same industry.
The Debt to FCF ratio of NGVC is 1.34, which is an excellent value as it means it would take NGVC, only 1.34 years of fcf income to pay off all of its debts.
NGVC has a better Debt to FCF ratio (1.34) than 87.50% of its industry peers.
NGVC has a Debt/Equity ratio of 0.25. This is a healthy value indicating a solid balance between debt and equity.
With a decent Debt to Equity ratio value of 0.25, NGVC is doing good in the industry, outperforming 67.50% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.25 | ||
| Debt/FCF | 1.34 | ||
| Altman-Z | 3.53 |
ROIC/WACC0.9
WACC9.09%
2.3 Liquidity
A Current Ratio of 0.90 indicates that NGVC may have some problems paying its short term obligations.
NGVC has a worse Current ratio (0.90) than 75.00% of its industry peers.
NGVC has a Quick Ratio of 0.90. 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 has a Quick ratio of 0.16. This is amonst the worse of the industry: NGVC underperforms 90.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.9 | ||
| Quick Ratio | 0.16 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 45.10% over the past year.
NGVC shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 28.65% yearly.
Looking at the last year, NGVC shows a quite strong growth in Revenue. The Revenue has grown by 8.86% in the last year.
NGVC shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.56% yearly.
EPS 1Y (TTM)45.1%
EPS 3Y17.6%
EPS 5Y28.65%
EPS Q2Q%50%
Revenue 1Y (TTM)8.86%
Revenue growth 3Y5.56%
Revenue growth 5Y6.56%
Sales Q2Q%9.35%
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
A Price/Earnings ratio of 28.03 indicates a quite expensive valuation of NGVC.
NGVC's Price/Earnings ratio is in line with the industry average.
NGVC is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 28.29, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 47.85, NGVC can be considered very expensive at the moment.
NGVC's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. NGVC is more expensive than 65.00% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 24.44. NGVC is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.03 | ||
| Fwd PE | 47.85 |
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 62.50% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 27.1 | ||
| EV/EBITDA | 12.13 |
4.3 Compensation for Growth
NGVC has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.98
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
NGVC has a Yearly Dividend Yield of 1.20%.
Compared to an average industry Dividend Yield of 2.47, NGVC pays a bit more dividend than its industry peers.
With a Dividend Yield of 1.20, NGVC pays less dividend than the S&P500 average, which is at 2.28.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.2% |
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.
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 93.90% 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.
DP93.9%
EPS Next 2YN/A
EPS Next 3YN/A
NATURAL GROCERS BY VITAMIN C
NYSE:NGVC (1/22/2025, 9:41:54 AM)
41.49
+0.44 (+1.07%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupConsumer Staples Distribution & Retail
GICS IndustryConsumer Staples Distribution & Retail
Earnings (Last)
Earnings (Next)
Inst Owners34.45%
Inst Owner Change-0.38%
Ins Owners34.23%
Ins Owner Change0.31%
Market Cap950.54M
Analysts85.71
Price TargetN/A
Short Float %1.21%
Short Ratio1.33
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.2% |
Yearly Dividend1.4
Dividend Growth(5Y)12.62%
DP93.9%
Div Incr Years2
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)68.23%
Min EPS beat(2)35.23%
Max EPS beat(2)101.24%
EPS beat(4)4
Avg EPS beat(4)57.56%
Min EPS beat(4)18.32%
Max EPS beat(4)101.24%
EPS beat(8)7
Avg EPS beat(8)43.48%
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 | 28.03 | ||
| Fwd PE | 47.85 | ||
| P/S | 0.77 | ||
| P/FCF | 27.1 | ||
| P/OCF | 12.89 | ||
| P/B | 5.45 | ||
| P/tB | 5.91 | ||
| EV/EBITDA | 12.13 |
EPS(TTM)1.48
EY3.57%
EPS(NY)0.87
Fwd EY2.09%
FCF(TTM)1.53
FCFY3.69%
OCF(TTM)3.22
OCFY7.76%
SpS54.19
BVpS7.61
TBVpS7.02
PEG (NY)N/A
PEG (5Y)0.98
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.18% | ||
| ROE | 19.47% | ||
| ROCE | 10.13% | ||
| ROIC | 8.16% | ||
| ROICexc | 8.31% | ||
| ROICexgc | 8.55% | ||
| OM | 4.01% | ||
| PM (TTM) | 2.73% | ||
| GM | 29.38% | ||
| FCFM | 2.83% |
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-Score7
Asset Turnover1.89
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.25 | ||
| Debt/FCF | 1.34 | ||
| Debt/EBITDA | 0.54 | ||
| Cap/Depr | 125.06% | ||
| Cap/Sales | 3.12% | ||
| Interest Coverage | 11.97 | ||
| Cash Conversion | 91.42% | ||
| Profit Quality | 103.37% | ||
| Current Ratio | 0.9 | ||
| Quick Ratio | 0.16 | ||
| Altman-Z | 3.53 |
F-Score7
WACC9.09%
ROIC/WACC0.9
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)45.1%
EPS 3Y17.6%
EPS 5Y28.65%
EPS Q2Q%50%
EPS Next Y-41.42%
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)8.86%
Revenue growth 3Y5.56%
Revenue growth 5Y6.56%
Sales Q2Q%9.35%
Revenue Next Year3.8%
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y48.02%
EBIT growth 3Y18.63%
EBIT growth 5Y24.25%
EBIT Next Year81.12%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y32.31%
FCF growth 3Y11.09%
FCF growth 5Y49.8%
OCF growth 1Y14.17%
OCF growth 3Y11.04%
OCF growth 5Y14.56%