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Natural Grocers by Vitamin Cottage (Natural Grocers by Vitamin Cottage) Cyclically Adjusted Price-to-FCF : 39.13 (As of May. 16, 2024)


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What is Natural Grocers by Vitamin Cottage Cyclically Adjusted Price-to-FCF?

As of today (2024-05-16), Natural Grocers by Vitamin Cottage's current share price is $21.13. Natural Grocers by Vitamin Cottage's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.54. Natural Grocers by Vitamin Cottage's Cyclically Adjusted Price-to-FCF for today is 39.13.

The historical rank and industry rank for Natural Grocers by Vitamin Cottage's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

NGVC' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 26.28   Med: 66.05   Max: 310.2
Current: 37.51

During the past years, Natural Grocers by Vitamin Cottage's highest Cyclically Adjusted Price-to-FCF was 310.20. The lowest was 26.28. And the median was 66.05.

NGVC's Cyclically Adjusted Price-to-FCF is ranked worse than
85.48% of 124 companies
in the Retail - Defensive industry
Industry Median: 15.52 vs NGVC: 37.51

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Natural Grocers by Vitamin Cottage's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.413. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $0.54 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Natural Grocers by Vitamin Cottage Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Natural Grocers by Vitamin Cottage's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Natural Grocers by Vitamin Cottage Cyclically Adjusted Price-to-FCF Chart

Natural Grocers by Vitamin Cottage Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 157.40 54.80 42.19 27.69

Natural Grocers by Vitamin Cottage Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 31.23 32.32 27.69 32.04 33.45

Competitive Comparison of Natural Grocers by Vitamin Cottage's Cyclically Adjusted Price-to-FCF

For the Grocery Stores subindustry, Natural Grocers by Vitamin Cottage's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Natural Grocers by Vitamin Cottage's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Natural Grocers by Vitamin Cottage's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Natural Grocers by Vitamin Cottage's Cyclically Adjusted Price-to-FCF falls into.



Natural Grocers by Vitamin Cottage Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Natural Grocers by Vitamin Cottage's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=21.13/0.54
=39.13

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Natural Grocers by Vitamin Cottage's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Natural Grocers by Vitamin Cottage's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.413/131.7762*131.7762
=0.413

Current CPI (Mar. 2024) = 131.7762.

Natural Grocers by Vitamin Cottage Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.055 100.560 -0.072
201409 -0.059 100.428 -0.077
201412 -0.030 99.070 -0.040
201503 0.402 99.621 0.532
201506 -0.176 100.684 -0.230
201509 -0.007 100.392 -0.009
201512 -0.031 99.792 -0.041
201603 -0.221 100.470 -0.290
201606 -0.574 101.688 -0.744
201609 -0.283 101.861 -0.366
201612 0.046 101.863 0.060
201703 -0.098 102.862 -0.126
201706 0.012 103.349 0.015
201709 0.023 104.136 0.029
201712 0.270 104.011 0.342
201803 0.229 105.290 0.287
201806 0.109 106.317 0.135
201809 0.246 106.507 0.304
201812 -0.179 105.998 -0.223
201903 0.388 107.251 0.477
201906 0.033 108.070 0.040
201909 -0.035 108.329 -0.043
201912 -0.067 108.420 -0.081
202003 1.540 108.902 1.863
202006 0.122 108.767 0.148
202009 0.042 109.815 0.050
202012 0.381 109.897 0.457
202103 -0.041 111.754 -0.048
202106 0.282 114.631 0.324
202109 0.506 115.734 0.576
202112 0.294 117.630 0.329
202203 0.371 121.301 0.403
202206 -0.169 125.017 -0.178
202209 -0.133 125.227 -0.140
202212 0.435 125.222 0.458
202303 0.311 127.348 0.322
202306 -0.229 128.729 -0.234
202309 0.644 129.860 0.654
202312 0.208 129.419 0.212
202403 0.413 131.776 0.413

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Natural Grocers by Vitamin Cottage  (NYSE:NGVC) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Natural Grocers by Vitamin Cottage Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Natural Grocers by Vitamin Cottage's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Natural Grocers by Vitamin Cottage (Natural Grocers by Vitamin Cottage) Business Description

Traded in Other Exchanges
Address
12612 West Alameda Parkway, Lakewood, CO, USA, 80228
Natural Grocers by Vitamin Cottage Inc operates natural and organic grocery and dietary supplement stores. It offers the following product categories, natural and organic food, dietary supplements, natural body care, household, pet care products, books and handouts. The company generates the majority of its revenue from grocery products and dietary supplements and rest from other products.
Executives
Todd Dissinger officer: Chief Financial Officer C/O NATURAL GROCERS BY VITAMIN COTTAGE, 12612 W. ALAMEDA PKWY., LAKEWOOD CO 80228
Dyami Isely-parvanta other: 13D Group Member 12612 WEST ALAMEDA PKWY., LAKEWOOD CO 80228
Zephyr Isely 2012 Irrevocable Family Trust other: 13D Group Member PO BOX 260169, LAKEWOOD CO 80226-0169
Elizabeth Isely 2012 Irrevocable Family Trust other: 13D Group Member PO BOX 260169, LAKEWOOD CO 80226-0169
Kemper & Virginia Isely 2012 Irrevocable Family Trust other: 13D Group Member PO BOX 260169, LAKEWOOD CO 80226-0169
Heather C. Isely 2012 Irrevocable Family Trust other: 13D Group Member PO BOX 260169, LAKEWOOD CO 80226-0169
Robert Linnane other: 13D Group Member 12612 WEST ALAMEDA PARKWAY, LAKEWOOD CO 80228
Charles Isely-rice other: 13D Group Member 12612 WEST ALAMEDA PKWY, LAKEWOOD CO 80228
David C. Rooney director 12612 W. ALAMEDA PKWY., LAKEWOOD CO 80228
Ritchie K. Isely other: 13D Group Member 12612 WEST ALAMEDA PARKWAY, LAKEWOOD CO 80228
Masala Isely-rice other: 13D Group Member 12612 WEST ALAMEDA PARKWAY, LAKEWOOD CO 80228
Charity Isely other: 13D Group Member 12612 W. ALAMEDA PARKWAY, LAKEWOOD CO 80228
Sandra Buffa officer: Chief Financial Officer 12612 W. ALAMEDA PARKWAY, LAKEWOOD CO 80228
Elizabeth Isely director, officer: Executive Vice President 12612 W. ALAMEDA PARKWAY, LAKEWOOD CO 80228
Kemper Isely director, officer: Chairman & Co-President 12612 W. ALAMEDA PARKWAY, LAKEWOOD CO 80228