Natural Grocers by Vitamin Cottage, Inc. (NGVC)

NGVC Ratios and Metrics

Market cap in millions USD. Fiscal year is October - September.

Total Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul 30, 2026	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021
Market Cap	741	918	680	294	245	254
Market Cap Growth	-12.59%	35.12%	131.49%	19.91%	-3.54%	14.16%
Enterprise Value	1,045	1,233	1,017	645.4	626.16	631.64
Last Close Price	32.18	40.00	29.69	12.91	10.79	11.22

Price Ratios

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul 30, 2026	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021
PE Ratio	15.47	20.00	20.20	12.66	11.48	12.33
Forward PE	14.53	15.61	15.61	15.74	11.18	15.42
PEG Ratio	-	25.00	25.00	25.00	25.00	25.00
PS Ratio	0.55	0.69	0.55	0.26	0.22	0.24
PB Ratio	3.21	4.32	3.90	1.72	1.57	1.78
P/TBV Ratio	3.41	4.64	4.26	1.88	1.74	1.95
P/FCF Ratio	42.83	38.09	18.76	10.47	21.01	9.22
P/OCF Ratio	11.88	16.60	9.21	4.54	6.17	4.71

EV Ratios

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul 30, 2026	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021
EV/Sales Ratio	0.78	0.93	0.82	0.57	0.57	0.60
EV/EBITDA Ratio	10.89	13.15	13.06	10.65	10.78	10.90
EV/EBIT Ratio	16.37	19.89	21.65	20.38	20.76	22.30
EV/FCF Ratio	60.38	51.16	28.08	23.02	53.72	22.94

Financial Efficiency

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul 30, 2026	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021
Debt / Equity Ratio	1.23	1.37	1.76	1.93	2.27	2.55
Debt / EBITDA Ratio	3.38	3.54	4.45	6.11	6.78	6.93
Debt / FCF Ratio	18.75	13.78	9.57	13.20	33.75	14.59
Net Debt / Equity Ratio	1.32	1.48	1.94	2.06	2.45	2.65
Net Debt / EBITDA Ratio	3.17	3.36	4.33	5.81	6.57	6.52
Net Debt / FCF Ratio	17.55	13.07	9.32	12.55	32.72	13.73
Asset Turnover	1.98	2.01	1.87	1.71	1.65	1.58
Inventory Turnover	7.29	7.36	7.31	6.98	7.32	7.61
Quick Ratio	0.21	0.18	0.13	0.19	0.16	0.24
Current Ratio	1.05	1.06	0.90	0.99	1.02	1.01
Return on Equity (ROE)	21.37%	24.02%	19.67%	14.23%	14.31%	13.03%
Return on Assets (ROA)	7.44%	7.37%	5.62%	3.89%	3.52%	3.35%
Return on Invested Capital (ROIC)	9.53%	9.40%	7.20%	4.90%	4.38%	4.20%
Return on Capital Employed (ROCE)	12.34%	12.36%	9.33%	6.09%	5.76%	5.28%

Yields

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul 30, 2026	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021
Earnings Yield	6.50%	5.00%	4.95%	7.90%	8.71%	8.11%
FCF Yield	2.33%	2.63%	5.33%	9.55%	4.76%	10.85%
Dividend Yield	1.86%	1.20%	4.71%	3.10%	3.71%	20.30%
Payout Ratio	27.41%	23.70%	93.90%	39.10%	42.44%	250.00%
Buyback Yield / Dilution	-0.35%	-0.74%	-1.09%	-0.08%	-0.47%	-0.59%
Total Shareholder Return	1.51%	0.46%	3.62%	3.02%	3.24%	19.71%

SEC Filings: 10-K · 10-Q

Data Source: Fiscal.ai Last updated: May 7, 2026

Financial data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Jul 29, 2026

Data Sources Report a data error