What is Natural Grocers by Vitamin Cottage EV-to-EBITDA?
Natural Grocers by Vitamin CottageNGVC +1.87%86 EV-to-EBITDA is 11.14 as of Jul. 06, 2026, which is 1% above its 10-year median of 11.04. GuruFocus rates NGVC with a GF Score™ of 86/100 and a GF Value™ of $27.32 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 271 Retail - Defensive companies, Natural Grocers by Vitamin Cottage ranks worse than 63.84% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Natural Grocers by Vitamin Cottage's enterprise value is $1,069 Mil.
Natural Grocers by Vitamin Cottage's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $96 Mil. Therefore, Natural Grocers by Vitamin Cottage's EV-to-EBITDA for today is 11.14.
NGVC'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 3.76 Med: 11.04 Max: 19.5
Current: 11.14
During the past 13 years, the highest EV-to-EBITDA of Natural Grocers by Vitamin Cottage was 19.50. The lowest was 3.76. And the median was 11.04.
NGVC's EV-to-EBITDA is ranked worse than 63.84% of 271
companies
in the Retail - Defensive industry
Industry Median: 8.83
vs NGVC: 11.14
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
Natural Grocers by Vitamin Cottage (NYSE:NGVC) EV-to-EBITDA Explanation
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Natural Grocers by Vitamin Cottage's PE Ratio (TTM) for today is calculated as:
Natural Grocers by Vitamin Cottage's share price for today is $33.21.
Natural Grocers by Vitamin Cottage's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.080.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
* 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 EV-to-EBITDA Chart
NGVC vs YSWY, VLGEA, DNUT: EV-to-EBITDA Comparison
For the Grocery Stores subindustry, Natural Grocers by Vitamin Cottage's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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 EV-to-EBITDA vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Natural Grocers by Vitamin Cottage's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Natural Grocers by Vitamin Cottage's EV-to-EBITDA falls into.
Natural Grocers by Vitamin Cottage's current Enterprise Value is $1,069 Mil.
Natural Grocers by Vitamin Cottage's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $96 Mil.
* 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 (NGVC) has a EV-to-EBITDA of 11.14 as of Jul. 06, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Natural Grocers by Vitamin Cottage. This is near median its historical median of 11.04. Over the past decade, Natural Grocers by Vitamin Cottage's EV-to-EBITDA has ranged from 3.76 to 19.50. According to the industry distribution chart, Natural Grocers by Vitamin Cottage ranks #173 out of 271 companies in the Retail - Defensive industry, placing it in the top 63.8%.
Is Natural Grocers by Vitamin Cottage's EV-to-EBITDA too high?
Natural Grocers by Vitamin Cottage's current EV-to-EBITDA of 11.14 is near median its 10-year median of 11.04. Over the past 10 years, this metric has ranged from a low of 3.76 to a high of 19.50. The Retail - Defensive industry median EV-to-EBITDA is 8.83. Natural Grocers by Vitamin Cottage's value of 11.14 is 26.2% above this industry median. Based on the distribution chart, Natural Grocers by Vitamin Cottage ranks #173 out of 271 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, Natural Grocers by Vitamin Cottage has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Natural Grocers by Vitamin Cottage's EV-to-EBITDA compare to YSWY and VLGEA?
According to the Retail - Defensive industry distribution chart, Natural Grocers by Vitamin Cottage ranks #173 out of 271 companies for EV-to-EBITDA. This places Natural Grocers by Vitamin Cottage in the lower half of its industry. The industry median EV-to-EBITDA is 8.83. Natural Grocers by Vitamin Cottage's value of 11.14 is 26.2% above this benchmark. Historically, Natural Grocers by Vitamin Cottage's own EV-to-EBITDA has ranged from 3.76 to 19.50 over the past decade. While the company's 10-year median is 11.04 vs. the industry median of 8.83, Natural Grocers by Vitamin Cottage has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Retail - Defensive company?
The median EV-to-EBITDA among Retail - Defensive companies is 8.83, based on 271 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Natural Grocers by Vitamin Cottage's current EV-to-EBITDA of 11.14 is 26.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Natural Grocers by Vitamin Cottage. For the Retail - Defensive industry, the median EV-to-EBITDA is 8.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Natural Grocers by Vitamin Cottage's current EV-to-EBITDA is 11.14, which is near median its own 10-year median of 11.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Natural Grocers by Vitamin Cottage stock overvalued right now?
Based on GuruFocus' analysis, Natural Grocers by Vitamin Cottage (NGVC) is currently considered Modestly Overvalued. The stock's GF Value™ is $27.32, compared to a current price of $33.21 — trading 21.6% above its estimated fair value. The current EV-to-EBITDA is 11.14, which is near median its 10-year median of 11.04 and 26.2% above the Retail - Defensive industry median of 8.83. Natural Grocers by Vitamin Cottage's overall GF Score™ is 86/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Natural Grocers by Vitamin Cottage (NGVC), the current EV-to-EBITDA is 11.14 as of Jul. 06, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Natural Grocers by Vitamin Cottage (NGVC) Overvalued in 2026?
Based on GuruFocus' analysis, Natural Grocers by Vitamin Cottage stock appears to be overvalued.
The current stock price of $33.21 is trading 21.6% above its estimated GF Value™ of $27.32.
GuruFocus considers Natural Grocers by Vitamin Cottage to be Modestly Overvalued.
Key valuation signals for NGVC:
EV-to-EBITDA: 11.14 (near median its 10-year median of 11.04)
GF Value™: $27.32 vs. price of $33.21 (21.6% above fair value)
Industry Position: 26.2% above the Retail - Defensive median (#173 of 271)
No single metric tells the full story. See the NGVC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Natural Grocers by Vitamin Cottage Business Description
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 has a single reporting segment, natural and organic retail stores, through which business is conducted. The company generates the majority of its revenue from grocery products and dietary supplements, and the rest from other products.
86GF Score
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