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Natural Grocers By Vitamin Cottage Inc Stock Research

NGVC

11.42USD-0.13(-1.13%)Market Closed

Market Summary

USD11.42-0.13
Market Closed
-1.13%

NGVC Stock Price

NGVC RSI Chart

NGVC Valuation

Market Cap

259.5M

Price/Earnings (Trailing)

15.84

Price/Sales (Trailing)

0.24

EV/EBITDA

4.61

Price/Free Cashflow

20.26

NGVC Price/Sales (Trailing)

NGVC Profitability

EBT Margin

2.01%

Return on Equity

10.66%

Return on Assets

2.56%

Free Cashflow Yield

4.93%

NGVC Fundamentals

NGVC Revenue

Revenue (TTM)

1.1B

Revenue Y/Y

4.2%

Revenue Q/Q

0.99%

NGVC Earnings

Earnings (TTM)

16.4M

Earnings Y/Y

-7.44%

Earnings Q/Q

33.51%

Price Action

52 Week Range

8.0018.72
(Low)(High)

Last 7 days

-1.2%

Last 30 days

5.8%

Last 90 days

5.4%

Trailing 12 Months

-34.8%

NGVC Financial Health

Current Ratio

1

NGVC Investor Care

Shares Dilution (1Y)

0.26%

Diluted EPS (TTM)

0.71

Peers (Alternatives to Natural Grocers By Vitamin Cottage)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
410.6B
611.3B
-3.25% 15.08%
35.16
0.67
6.73% -14.58%
225.3B
234.4B
0.96% 8.30%
37.24
0.96
13.76% 13.92%
35.3B
148.3B
-5.49% -12.25%
15.74
0.24
7.52% 34.86%
35.3B
75.6B
-9.41% -16.69%
22.82
0.47
14.80% 54.66%
10.7B
77.6B
-3.83% -11.63%
7.1
0.14
9.24% -6.55%
8.2B
19.3B
-19.47% 4.90%
16.05
0.43
15.89% 20.28%
MID-CAP
9.4B
34.8B
4.77% 21.14%
26.48
0.27
12.30% 95.58%
8.6B
15.2B
0.28% 9.66%
18.99
0.56
28.24% 39.99%
3.7B
6.5B
1.93% 32.22%
14.68
0.56
5.37% -0.16%
2.8B
3.7B
-4.23% -25.92%
41.71
0.76
17.53% 22.20%
1.6B
4.7B
-27.47% -18.50%
13.45
0.34
9.59% 3.14%
SMALL-CAP
1.4B
17.2B
-9.31% 10.26%
10.87
0.08
23.10% 17.42%
1.2B
2.8B
-5.92% -12.35%
44.56
0.44
42.64% 93.05%
820.5M
9.6B
-4.61% -31.78%
23.77
0.09
7.97% -53.20%
259.5M
1.1B
5.84% -34.80%
15.84
0.24
2.21% -40.46%

Financials for Natural Grocers By Vitamin Cottage

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Revenue1.0%1,1041,0931,0901,0881,080
Gross Profit1.9%311305305305303
  S&GA Expenses1.3%33.0033.0032.0030.0030.00
EBITDA-9.7%52.0058.0064.0066.00-
EBITDA Margin-10.0%0.05*0.05*0.06*0.06*-
Earnings Before Taxes-3.3%21.0022.0028.0034.0035.00
EBT Margin-21.3%0.02*0.03*0.03*0.03*-
Interest Expenses11.0%3.003.002.002.002.00
Net Income-2.8%16.0017.0021.0026.0028.00
Net Income Margin-21.3%0.02*0.02*0.02*0.03*-
Free Cahsflow29.1%15.0012.0026.0036.00-
Balance Sheet
(In Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Assets-1.0%652659663664655
  Current Assets4.0%146140141144145
    Cash Equivalents12.0%19.0017.0012.0020.0029.00
  Net PPE-1.0%158159157149148
Liabilities-2.1%490500507509501
  Current Liabilities0.9%141140138131132
    LT Debt, Current0%2.002.002.002.002.00
    LT Debt, Non Current-16.8%10.0012.0014.0016.0018.00
Shareholder's Equity2.4%162158156156154
  Retained Earnings3.6%10310098.0098.0096.00
  Additional Paid-In Capital0.4%59.0058.0058.0058.0058.00
Shares Outstanding0.1%23.0023.0023.0023.0023.00
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Cashflow From Operations-3.8%47.0049.0040.0052.0064.00
  Share Based Compensation4.8%1.001.001.001.001.00
Cashflow From Investing1.3%-36.61-37.10-31.14-28.98-30.51
Cashflow From Financing-0.9%-20.28-20.10-20.19-18.00-25.73
  Dividend Payments0.0%9.009.009.008.008.00

Risks for NGVC

What is the probability of a big loss on NGVC?

100%


Probability that Natural Grocers By Vitamin Cottage stock will be more than 20% underwater in next one year

85.8%


Probability that Natural Grocers By Vitamin Cottage stock will be more than 30% underwater in next one year.

60%


Probability that Natural Grocers By Vitamin Cottage stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does NGVC drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Natural Grocers By Vitamin Cottage was unfortunately bought at previous high price.

Drawdowns

Returns for NGVC

Cumulative Returns on NGVC

-6.7%


10-Year Cumulative Returns

0.9%


7-Year Cumulative Returns

6.6%


5-Year Cumulative Returns

-1.4%


3-Year Cumulative Returns

What are the long-term rolling returns for NGVC?

FIve years rolling returns for Natural Grocers By Vitamin Cottage.

Annualized Returns

Which funds bought or sold NGVC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-05-22
AMERIPRISE FINANCIAL INC
added
41.06
918,155
2,047,160
-%
2023-05-18
NEW YORK STATE COMMON RETIREMENT FUND
unchanged
-
15,000
69,000
-%
2023-05-18
JPMORGAN CHASE & CO
reduced
-5.87
16,000
92,000
-%
2023-05-16
Rockefeller Capital Management L.P.
sold off
-100
-1,000
-
-%
2023-05-16
HANCOCK WHITNEY CORP
added
1.00
49,000
212,000
0.01%
2023-05-16
VitalStone Financial, LLC
unchanged
-
-
-
-%
2023-05-15
DEUTSCHE BANK AG\
added
20.6
25,491
71,804
-%
2023-05-15
ALLIANCEBERNSTEIN L.P.
added
5.22
43,199
165,675
-%
2023-05-15
Balyasny Asset Management L.P.
new
-
521,066
521,066
-%
2023-05-15
Royal Bank of Canada
reduced
-1.14
107,000
504,000
-%

1–10 of 45

Latest Funds Activity

Are funds buying NGVC calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own NGVC
No. of Funds

Natural Grocers By Vitamin Cottage News

Stockhouse Publishing
2023-05-25 | NYSE:NGVC | Press Release | Natural Grocers by ....
Stockhouse Publishing,
5 days ago
PR Newswire
PR Newswire
Seeking Alpha
Chanson International closes IPO.
Seeking Alpha,
58 days ago

Schedule 13G FIlings of Natural Grocers By Vitamin Cottage

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 08, 2022
dimensional fund advisors lp
5.5%
1,240,761
SC 13G/A
Feb 12, 2021
dimensional fund advisors lp
6.7%
1,502,811
SC 13G/A
Feb 12, 2020
dimensional fund advisors lp
6.34%
1,424,051
SC 13G/A

NGVC Fair Value

Show Fair-Value

Recent SEC filings of Natural Grocers By Vitamin Cottage

View All Filings
Date Filed Form Type Document
May 04, 2023
8-K
Current Report
May 04, 2023
10-Q
Quarterly Report
Mar 07, 2023
8-K
Current Report
Mar 03, 2023
4
Insider Trading
Mar 03, 2023
4
Insider Trading
Mar 03, 2023
4
Insider Trading

Latest Insider Trading transactions for NGVC

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-02
Rooney David C.
acquired
-
-
3,422
-
2023-03-02
Halle Richard
acquired
-
-
3,422
-
2023-03-02
Cerkovnik Edward
acquired
-
-
3,422
-
2023-01-03
Dissinger Todd
acquired
-
-
12,014
chief financial officer
2023-01-03
Dissinger Todd
sold (taxes)
-38,040
9.14
-4,162
chief financial officer
2022-11-01
Isely Raquel M.
sold (taxes)
-655
11.5
-57.00
-
2022-11-01
Isely Raquel M.
acquired
-
-
205
-
2022-11-01
Dissinger Todd
sold (taxes)
-5,382
11.5
-468
chief financial officer
2022-11-01
Dissinger Todd
acquired
-
-
1,620
chief financial officer
2022-10-17
Isely Raquel M.
sold (taxes)
-372
10.95
-34.00
-

1–10 of 50

Kemper Isely
4190
Natural Grocers by Vitamin Cottage, Inc., together with its subsidiaries, retails natural and organic groceries, and dietary supplements in the United States. The company's stores offer natural and organic grocery products, such as organic produce; bulk food products; private label products comprising pasta, pasta sauce, ketchup, canned beans and vegetables, frozen vegetables, frozen fruits, frozen meals, frozen pizza, bread, baking mixes, plant based butter, olive and coconut oil, coconut milk, honey, maple syrup, preserves, chocolate, coffee, bacon, beef jerky, canned seafood, popcorn, tortilla chips, taco shells, eggs, cheese, apple sauce, apple cider vinegar, spring water, paper products, cleaning products, and other products; dry, frozen, and canned groceries; meat and seafood products; dairy products, dairy substitutes, and eggs; prepared foods; bread and baked products; beverages; and beer, wine, and hard cider products. Its stores also provide private label dietary supplements; body care products consisting of cosmetics, skin care, hair care, fragrance, and personal care products containing natural and organic ingredients; pet care and food products; books and handouts; and household and general merchandise, including cleaning supplies, paper products, and dish and laundry soaps, as well as other common household products, such as diapers. The company operates its retail stores under the Natural Grocers by Vitamin Cottage trademark. As of February 1, 2022, it operated 162 stores in 20 states. The company also offers science-based nutrition education programs to help customers make informed health and nutrition choices. Natural Grocers by Vitamin Cottage, Inc. was founded in 1955 and is headquartered in Lakewood, Colorado.

NGVC Income Statement

2023-03-31
Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended6 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Mar. 31, 2023
Mar. 31, 2022
Net sales$ 283,245$ 271,822$ 563,702$ 549,110
Cost of goods sold and occupancy costs200,768195,040402,506393,591
Gross profit82,47776,782161,196155,519
Store expenses65,19259,605128,788118,941
Administrative expenses8,6058,17216,85815,465
Pre-opening expenses249141702225
Operating income8,4318,86414,84820,888
Interest expense, net(834)(545)(1,630)(1,089)
Income before income taxes7,5978,31913,21819,799
Provision for income taxes(1,713)(1,962)(2,927)(4,527)
Net income$ 5,884$ 6,357$ 10,291$ 15,272
Net income per share of common stock:    
Basic (in dollars per share)$ 0.26$ 0.28$ 0.45$ 0.67
Diluted (in dollars per share)$ 0.26$ 0.28$ 0.45$ 0.67
Weighted average number of shares of common stock outstanding:    
Basic (in shares)22,725,46222,660,47722,716,88022,650,123
Diluted (in shares)22,824,67322,819,52622,809,18922,790,114

NGVC Balance Sheet

2023-03-31
Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2023
Sep. 30, 2022
Current assets:  
Cash and cash equivalents$ 18,965$ 12,039
Accounts receivable, net6,92310,496
Merchandise inventory116,053113,756
Prepaid expenses and other current assets3,8374,369
Total current assets145,778140,660
Property and equipment, net157,707157,179
Other assets:  
Operating lease assets, net290,611307,132
Finance lease assets, net43,19143,554
Deposits and other assets422452
Goodwill and other intangible assets, net14,33714,131
Total other assets348,561365,269
Total assets652,046663,108
Current liabilities:  
Accounts payable75,71471,283
Accrued expenses25,00626,737
Term loan facility, current portion1,7501,750
Operating lease obligations, current portion34,91734,735
Finance lease obligations, current portion3,3653,223
Total current liabilities140,752137,728
Long-term liabilities:  
Term loan facility, net of current portion9,93813,938
Operating lease obligations, net of current portion278,482295,064
Finance lease obligations, net of current portion44,81644,664
Deferred income tax liabilities, net16,05115,902
Total long-term liabilities349,287369,568
Total liabilities490,039507,296
Stockholders’ equity:  
Common stock, $0.001 par value, 50,000,000 shares authorized, and 22,726,979 and 22,690,188 shares issued and outstanding at March 31, 2023 and September 30, 2022, respectively2323
Additional paid-in capital58,51958,072
Retained earnings103,46597,717
Total stockholders’ equity162,007155,812
Total liabilities and stockholders’ equity$ 652,046$ 663,108