Natural Grocers by Vitamin Cottage, Inc. (NGVC): Price and Financial Metrics

NGVC POWR Grades

• Stability is the dimension where NGVC ranks best; there it ranks ahead of 96.33% of US stocks.
• NGVC's strongest trending metric is Stability; it's been moving up over the last 177 days.
• NGVC's current lowest rank is in the Momentum metric (where it is better than 41.71% of US stocks).

NGVC Stock Summary

• The capital turnover (annual revenue relative to shareholder's equity) for NGVC is 6.99 -- better than 94.89% of US stocks.
• Of note is the ratio of NATURAL GROCERS BY VITAMIN COTTAGE INC's sales and general administrative expense to its total operating expenses; 85.64% of US stocks have a lower such ratio.
• With a price/sales ratio of 0.23, NATURAL GROCERS BY VITAMIN COTTAGE INC has a higher such ratio than only 6.85% of stocks in our set.
• Stocks that are quantitatively similar to NGVC, based on their financial statements, market capitalization, and price volatility, are COKE, SPWH, RYI, BVH, and TLYS.
• Visit NGVC's SEC page to see the company's official filings. To visit the company's web site, go to www.naturalgrocers.com.

NGVC Valuation Summary

• In comparison to the median Consumer Defensive stock, NGVC's EV/EBIT ratio is 5.01% higher, now standing at 17.8.
• NGVC's price/sales ratio has moved down 1 over the prior 124 months.

Below are key valuation metrics over time for NGVC.

NGVC Growth Metrics

Its 3 year price growth rate is now at 52.44%.
• The 3 year net income to common stockholders growth rate now stands at 171.56%.
• The 2 year revenue growth rate now stands at 12.64%.

Over the past 70 months, NGVC's revenue has gone up $382,569,000.

The table below shows NGVC's growth in key financial areas (numbers in millions of US dollars).

Date	Revenue	Operating Cash Flow	Net Income to Common Stock
2022-06-30	1,088.068	52.372	26.418
2022-03-31	1,080.383	64.156	27.517
2021-12-31	1,067.759	53.596	25.864
2021-09-30	1,055.516	53.88	20.581
2021-06-30	1,047.045	36.059	17.1
2021-03-31	1,053.531	30.448	16.759

NGVC's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.

• NGVC has a Quality Grade of B, ranking ahead of 79.08% of graded US stocks.
• NGVC's asset turnover comes in at 1.579 -- ranking 71st of 165 Retail stocks.
• WBA, SBH, and SGU are the stocks whose asset turnover ratios are most correlated with NGVC.

The table below shows NGVC's key quality metrics over time.