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 90.33% of US stocks.
• The strongest trend for NGVC is in Quality, which has been heading down over the past 177 days.
• NGVC ranks lowest in Momentum; there it ranks in the 20th percentile.

NGVC Stock Summary

• The capital turnover (annual revenue relative to shareholder's equity) for NGVC is 6.99 -- better than 94.61% 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; 85.92% of US stocks have a lower such ratio.
• NGVC's price/sales ratio is 0.2; that's higher than the P/S ratio of just 4.64% of US stocks.
• Stocks that are quantitatively similar to NGVC, based on their financial statements, market capitalization, and price volatility, are COKE, RYI, SPWH, RCMT, and M.
• NGVC's SEC filings can be seen here. And to visit NATURAL GROCERS BY VITAMIN COTTAGE INC's official web site, go to www.naturalgrocers.com.

NGVC Valuation Summary

• In comparison to the median Consumer Defensive stock, NGVC's price/sales ratio is 89.47% lower, now standing at 0.2.
• Over the past 128 months, NGVC's EV/EBIT ratio has gone down 17.5.

Below are key valuation metrics over time for NGVC.

NGVC Growth Metrics

The 5 year cash and equivalents growth rate now stands at 593.76%.
• The year over year net cashflow from operations growth rate now stands at 110.71%.
• Its 4 year cash and equivalents growth rate is now at 593.76%.

NGVC's revenue has moved up $177,528,000 over the prior 33 months.

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
2022-09-30	1,089.625	39.693	21.365
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

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.