Natural Grocers by Vitamin Cottage, Inc. (FRA:N2V)

FRA:N2V Statistics

Total Valuation

FRA:N2V has a market cap or net worth of EUR 549.34 million. The enterprise value is 820.92 million.

Market Cap	549.34M
Enterprise Value	820.92M

Important Dates

The last earnings date was Thursday, November 20, 2025.

Earnings Date	Nov 20, 2025
Ex-Dividend Date	Dec 1, 2025

Share Statistics

Current Share Class	22.95M
Shares Outstanding	n/a
Shares Change (YoY)	+0.74%
Shares Change (QoQ)	-0.08%
Owned by Insiders (%)	25.61%
Owned by Institutions (%)	41.56%
Float	13.70M

Valuation Ratios

The trailing PE ratio is 13.88 and the forward PE ratio is 12.87.

PE Ratio	13.88
Forward PE	12.87
PS Ratio	0.48
PB Ratio	3.03
P/TBV Ratio	3.21
P/FCF Ratio	26.74
P/OCF Ratio	11.65
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 6.37, with an EV/FCF ratio of 39.96.

EV / Earnings	20.74
EV / Sales	0.72
EV / EBITDA	6.37
EV / EBIT	15.33
EV / FCF	39.96

Financial Position

The company has a current ratio of 1.06, with a Debt / Equity ratio of 1.56.

Current Ratio	1.06
Quick Ratio	0.18
Debt / Equity	1.56
Debt / EBITDA	2.22
Debt / FCF	13.78
Interest Coverage	20.28

Financial Efficiency

Return on equity (ROE) is 24.02% and return on invested capital (ROIC) is 7.29%.

Return on Equity (ROE)	24.02%
Return on Assets (ROA)	5.85%
Return on Invested Capital (ROIC)	7.29%
Return on Capital Employed (ROCE)	12.14%
Revenue Per Employee	303,362
Profits Per Employee	10,587
Employee Count	4,145
Asset Turnover	2.01
Inventory Turnover	7.36

Taxes

In the past 12 months, FRA:N2V has paid 10.64 million in taxes.

Income Tax	10.64M
Effective Tax Rate	21.18%

Stock Price Statistics

The stock price has decreased by -46.08% in the last 52 weeks.

Beta (5Y)	n/a
52-Week Price Change	-46.08%
50-Day Moving Average	29.98
200-Day Moving Average	34.83
Relative Strength Index (RSI)	26.66
Average Volume (20 Days)	n/a

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	6.58

Income Statement

In the last 12 months, FRA:N2V had revenue of EUR 1.13 billion and earned 39.58 million in profits. Earnings per share was 1.70.

Revenue	1.13B
Gross Profit	339.11M
Operating Income	52.93M
Pretax Income	50.22M
Net Income	39.58M
EBITDA	80.05M
EBIT	52.93M
Earnings Per Share (EPS)	1.70

Balance Sheet

The company has 14.59 million in cash and 282.98 million in debt, giving a net cash position of -268.39 million.

Cash & Cash Equivalents	14.59M
Total Debt	282.98M
Net Cash	-268.39M
Net Cash Per Share	n/a
Equity (Book Value)	181.02M
Book Value Per Share	7.89
Working Capital	7.92M

Cash Flow

In the last 12 months, operating cash flow was 47.14 million and capital expenditures -26.59 million, giving a free cash flow of 20.54 million.

Operating Cash Flow	47.14M
Capital Expenditures	-26.59M
Free Cash Flow	20.54M
FCF Per Share	n/a

Margins

Gross margin is 29.90%, with operating and profit margins of 4.67% and 3.49%.

Gross Margin	29.90%
Operating Margin	4.67%
Pretax Margin	4.43%
Profit Margin	3.49%
EBITDA Margin	7.06%
EBIT Margin	4.67%
FCF Margin	1.81%

Dividends & Yields

This stock pays an annual dividend of 0.47, which amounts to a dividend yield of 2.02%.

Dividend Per Share	0.47
Dividend Yield	2.02%
Dividend Growth (YoY)	21.73%
Years of Dividend Growth	n/a
Payout Ratio	23.70%
Buyback Yield	-0.74%
Shareholder Yield	1.28%
Earnings Yield	7.21%
FCF Yield	3.74%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

FRA:N2V has an Altman Z-Score of 3.83 and a Piotroski F-Score of 6.

Altman Z-Score	3.83
Piotroski F-Score	6