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NGVC'
s EV-to-OCF Range Over the Past 10 Years
Min: 4.01 Med: 12.02 Max: 26.39
Current: 13.29
During the past 13 years, the highest EV-to-OCF of Natural Grocers by Vitamin Cottage was 26.39. The lowest was 4.01. And the median was 12.02.
NGVC's EV-to-OCF is ranked worse than 75.72% of 313
companies
in the Retail - Defensive industry
Industry Median: 7.43
vs NGVC: 13.29
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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 (NYSE:NGVC) EV-to-OCF Explanation
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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 $27.54.
Natural Grocers by Vitamin Cottage's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.060.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Natural Grocers by Vitamin Cottage EV-to-OCF Related Terms
Natural Grocers by Vitamin Cottage EV-to-OCF Historical Data
* 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-OCF Chart
For the Grocery Stores subindustry, Natural Grocers by Vitamin Cottage's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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-OCF vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Natural Grocers by Vitamin Cottage's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Natural Grocers by Vitamin Cottage's EV-to-OCF falls into.
Natural Grocers by Vitamin Cottage's current Enterprise Value is $940 Mil.
Natural Grocers by Vitamin Cottage's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $71 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-OCF of 13.29 as of Aug. 12, 2026. This is 11% above median its historical median of 12.02. Over the past decade, Natural Grocers by Vitamin Cottage's EV-to-OCF has ranged from 4.01 to 26.39. According to the industry distribution chart, Natural Grocers by Vitamin Cottage ranks #237 out of 313 companies in the Retail - Defensive industry, placing it in the top 75.7%.
Is Natural Grocers by Vitamin Cottage's EV-to-OCF too high?
Natural Grocers by Vitamin Cottage's current EV-to-OCF of 13.29 is 11% above median its 10-year median of 12.02. Over the past 10 years, this metric has ranged from a low of 4.01 to a high of 26.39. The Retail - Defensive industry median EV-to-OCF is 7.43. Natural Grocers by Vitamin Cottage's value of 13.29 is 78.9% above this industry median. Based on the distribution chart, Natural Grocers by Vitamin Cottage ranks #237 out of 313 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, Natural Grocers by Vitamin Cottage has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Natural Grocers by Vitamin Cottage's EV-to-OCF compare to VLGEA and YSWY?
According to the Retail - Defensive industry distribution chart, Natural Grocers by Vitamin Cottage ranks #237 out of 313 companies for EV-to-OCF. This places Natural Grocers by Vitamin Cottage in the lower half of its industry. The industry median EV-to-OCF is 7.43. Natural Grocers by Vitamin Cottage's value of 13.29 is 78.9% above this benchmark. Historically, Natural Grocers by Vitamin Cottage's own EV-to-OCF has ranged from 4.01 to 26.39 over the past decade. While the company's 10-year median is 12.02 vs. the industry median of 7.43, 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-OCF for a Retail - Defensive company?
The median EV-to-OCF among Retail - Defensive companies is 7.43, based on 313 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF 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-OCF of 13.29 is 78.9% 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-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Retail - Defensive industry, the median EV-to-OCF is 7.43 — 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-OCF is 13.29, which is 11% above median its own 10-year median of 12.02. 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 Fairly Valued. The stock's GF Value™ is $28.73, compared to a current price of $27.54 — trading 4.1% below its estimated fair value. The current EV-to-OCF is 13.29, which is 11% above median its 10-year median of 12.02 and 78.9% above the Retail - Defensive industry median of 7.43. Natural Grocers by Vitamin Cottage's overall GF Score™ is 90/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Natural Grocers by Vitamin Cottage (NGVC), the current EV-to-OCF is 13.29 as of Aug. 12, 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 undervalued.
The current stock price of $27.54 is trading 4.1% below its estimated GF Value™ of $28.73.
GuruFocus considers Natural Grocers by Vitamin Cottage to be Fairly Valued.
Key valuation signals for NGVC:
EV-to-OCF: 13.29 (11% above median its 10-year median of 12.02)
GF Value™: $28.73 vs. price of $27.54 (4.1% below fair value)
Industry Position: 78.9% above the Retail - Defensive median (#237 of 313)
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 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.
90GF Score
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