NATURAL GROCERS BY VITAMIN C (NGVC) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:NGVC - US63888U1088 - Common Stock
25.18 USD
+0.11 (+0.44%)
25.18 USD
0 (0%)
NGVC gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 38 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 not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year NGVC was profitable.
In the past year NGVC had a positive cash flow from operations.
NGVC had positive earnings in 4 of the past 5 years.
NGVC had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
With a decent Return On Assets value of 6.62%, NGVC is doing good in the industry, outperforming 73.68% of the companies in the same industry.
With a decent Return On Equity value of 21.56%, NGVC is doing good in the industry, outperforming 73.68% of the companies in the same industry.
NGVC has a Return On Invested Capital of 9.65%. This is in the better half of the industry: NGVC outperforms 76.32% 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 8.25%.
The 3 year average ROIC (6.18%) for NGVC is below the current ROIC(9.65%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.62% | ||
| ROE | 21.56% | ||
| ROIC | 9.65% |
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
With an excellent Profit Margin value of 3.31%, NGVC belongs to the best of the industry, outperforming 81.58% of the companies in the same industry.
In the last couple of years the Profit Margin of NGVC has grown nicely.
With an excellent Operating Margin value of 4.59%, NGVC belongs to the best of the industry, outperforming 84.21% of the companies in the same industry.
NGVC's Operating Margin has improved in the last couple of years.
The Gross Margin of NGVC (29.92%) is better than 73.68% of its industry peers.
In the last couple of years the Gross Margin of NGVC has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.59% | ||
| PM (TTM) | 3.31% | ||
| GM | 29.92% |
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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), NGVC is creating some value.
There is no outstanding debt for NGVC. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
An Altman-Z score of 3.36 indicates that NGVC is not in any danger for bankruptcy at the moment.
NGVC has a Altman-Z score (3.36) which is comparable to the rest of the industry.
NGVC has a debt to FCF ratio of 1.39. This is a very positive value and a sign of high solvency as it would only need 1.39 years to pay back of all of its debts.
NGVC has a Debt to FCF ratio of 1.39. This is amongst the best in the industry. NGVC outperforms 84.21% of its industry peers.
NGVC has a Debt/Equity ratio of 0.21. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.21, NGVC is in the better half of the industry, outperforming 68.42% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.21 | ||
| Debt/FCF | 1.39 | ||
| Altman-Z | 3.36 |
ROIC/WACC1.12
WACC8.59%
2.3 Liquidity
NGVC has a Current Ratio of 1.02. This is a normal value and indicates that NGVC is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.02, NGVC is doing worse than 63.16% of the companies in the same industry.
NGVC has a Quick Ratio of 1.02. 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 0.21. This is amonst the worse of the industry: NGVC underperforms 89.47% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.02 | ||
| Quick Ratio | 0.21 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 35.14% over the past year.
NGVC shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 17.84% yearly.
EPS 1Y (TTM)35.14%
EPS 3Y29.08%
EPS 5Y17.84%
EPS Q2Q%30.77%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%4.18%
3.2 Future
The Earnings Per Share is expected to grow by 7.60% on average over the next years.
The Revenue is expected to grow by 10.46% on average over the next years. This is quite good.
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
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 12.59 indicates a correct valuation of NGVC.
84.21% of the companies in the same industry are more expensive than NGVC, based on the Price/Earnings ratio.
NGVC is valuated cheaply when we compare the Price/Earnings ratio to 26.39, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 11.70, the valuation of NGVC can be described as reasonable.
Based on the Price/Forward Earnings ratio, NGVC is valued a bit cheaper than 78.95% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.84. NGVC is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.59 | ||
| Fwd PE | 11.7 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of NGVC indicates a somewhat cheap valuation: NGVC is cheaper than 78.95% of the companies listed in the same industry.
NGVC's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. NGVC is cheaper than 65.79% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.98 | ||
| EV/EBITDA | 6.64 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
NGVC has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.65
PEG (5Y)0.71
EPS Next 2Y7.6%
EPS Next 3YN/A
5. Dividend
5.1 Amount
NGVC has a Yearly Dividend Yield of 2.39%.
In the last 3 months the price of NGVC has falen by -29.92%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
NGVC's Dividend Yield is rather good when compared to the industry average which is at 0.77. NGVC pays more dividend than 89.47% of the companies in the same industry.
NGVC's Dividend Yield is a higher than the S&P500 average which is at 1.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.39% |
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.
Dividend Growth(5Y)12.62%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
NGVC pays out 24.14% of its income as dividend. This is a sustainable payout ratio.
NGVC's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP24.14%
EPS Next 2Y7.6%
EPS Next 3YN/A
25.18
+0.11 (+0.44%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupConsumer Staples Distribution & Retail
GICS IndustryConsumer Staples Distribution & Retail
Earnings (Last)
Earnings (Next)
Inst Owners42.42%
Inst Owner Change0.36%
Ins Owners34.42%
Ins Owner Change0.03%
Market Cap577.88M
Revenue(TTM)N/A
Net Income(TTM)43.65M
Analysts85.71
Price Target55.08 (118.75%)
Short Float %13.16%
Short Ratio6.08
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.39% |
Yearly Dividend1.4
Dividend Growth(5Y)12.62%
DP24.14%
Div Incr Years0
Div Non Decr Years0
Ex-Date
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)129.41%
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 | 12.59 | ||
| Fwd PE | 11.7 | ||
| P/S | 0.44 | ||
| P/FCF | 16.98 | ||
| P/OCF | 9.01 | ||
| P/B | 2.85 | ||
| P/tB | 3.04 | ||
| EV/EBITDA | 6.64 |
EPS(TTM)2
EY7.94%
EPS(NY)2.15
Fwd EY8.55%
FCF(TTM)1.48
FCFY5.89%
OCF(TTM)2.8
OCFY11.1%
SpS57.4
BVpS8.82
TBVpS8.29
PEG (NY)1.65
PEG (5Y)0.71
Graham Number19.93
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.62% | ||
| ROE | 21.56% | ||
| ROCE | 11.97% | ||
| ROIC | 9.65% | ||
| ROICexc | 9.91% | ||
| ROICexgc | 10.16% | ||
| OM | 4.59% | ||
| PM (TTM) | 3.31% | ||
| GM | 29.92% | ||
| FCFM | 2.58% |
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%
ROICexgc growth 3Y20.04%
ROICexgc 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-Score8
Asset Turnover2
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.21 | ||
| Debt/FCF | 1.39 | ||
| Debt/EBITDA | 0.47 | ||
| Cap/Depr | 94.93% | ||
| Cap/Sales | 2.29% | ||
| Interest Coverage | 12.27 | ||
| Cash Conversion | 69.63% | ||
| Profit Quality | 77.98% | ||
| Current Ratio | 1.02 | ||
| Quick Ratio | 0.21 | ||
| Altman-Z | 3.36 |
F-Score8
WACC8.59%
ROIC/WACC1.12
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)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)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%4.18%
Revenue Next Year14.07%
Revenue Next 2Y10.46%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y36.2%
EBIT growth 3Y18.63%
EBIT growth 5Y24.25%
EBIT Next Year81.12%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y289.04%
FCF growth 3Y11.09%
FCF growth 5Y49.8%
OCF growth 1Y38.45%
OCF growth 3Y11.04%
OCF growth 5Y14.56%
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.
Can you provide the valuation status for NATURAL GROCERS BY VITAMIN C?
ChartMill assigns a valuation rating of 6 / 10 to NATURAL GROCERS BY VITAMIN C (NGVC). This can be considered as Fairly Valued.
How profitable is NATURAL GROCERS BY VITAMIN C (NGVC) stock?
NATURAL GROCERS BY VITAMIN C (NGVC) has a profitability rating of 7 / 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.
Is the dividend of NATURAL GROCERS BY VITAMIN C sustainable?
The dividend rating of NATURAL GROCERS BY VITAMIN C (NGVC) is 5 / 10 and the dividend payout ratio is 24.14%.