NGVC (Natural Grocers by Vitamin Cottage) Enterprise Value: $1,057 Mil (As of Jun. 25, 2026) ***


NGVC Natural Grocers by Vitamin Cottage Inc NGVC
84 GF Score
Price $32.69
GF Value $27.27
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Natural Grocers by Vitamin Cottage Enterprise Value?

Natural Grocers by Vitamin Cottage NGVC +1.62% 84 Enterprise Value is $1,057 Mil as of Jun. 25, 2026. GuruFocus rates NGVC with a GF Score™ of 84/100 and a GF Value™ of $27.27 (Modestly Overvalued). The stock has 2 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Natural Grocers by Vitamin Cottage's Enterprise Value is $1,057 Mil. Natural Grocers by Vitamin Cottage's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $64 Mil. Therefore, Natural Grocers by Vitamin Cottage's EV-to-EBIT ratio for today is 16.56.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Natural Grocers by Vitamin Cottage's Enterprise Value is $1,057 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 ratio for today is 11.02.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Natural Grocers by Vitamin Cottage's Enterprise Value is $1,057 Mil. Natural Grocers by Vitamin Cottage's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was $1,338 Mil. Therefore, Natural Grocers by Vitamin Cottage's EV-to-Revenue ratio for today is 0.79.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Natural Grocers by Vitamin Cottage's Enterprise Value is $1,057 Mil. Natural Grocers by Vitamin Cottage's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $62 Mil. Therefore, Natural Grocers by Vitamin Cottage's EV-to-OCF ratio for today is 16.94.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Natural Grocers by Vitamin Cottage's Enterprise Value is $1,057 Mil. Natural Grocers by Vitamin Cottage's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $17 Mil. Therefore, Natural Grocers by Vitamin Cottage's EV-to-FCF ratio for today is 62.80.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Natural Grocers by Vitamin Cottage  (NYSE:NGVC) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Natural Grocers by Vitamin Cottage's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1057.005/63.841
=16.56

Natural Grocers by Vitamin Cottage's current Enterprise Value is $1,057 Mil.
Natural Grocers by Vitamin Cottage's EBIT 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 $64 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Natural Grocers by Vitamin Cottage's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=1057.005/95.941
=11.02

Natural Grocers by Vitamin Cottage's current Enterprise Value is $1,057 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.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Natural Grocers by Vitamin Cottage's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=1057.005/1337.801
=0.79

Natural Grocers by Vitamin Cottage's current Enterprise Value is $1,057 Mil.
Natural Grocers by Vitamin Cottage's Revenue 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 $1,338 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Natural Grocers by Vitamin Cottage's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=1057.005/62.399
=16.94

Natural Grocers by Vitamin Cottage's current Enterprise Value is $1,057 Mil.
Natural Grocers by Vitamin Cottage's Cash Flow from Operations 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 $62 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Natural Grocers by Vitamin Cottage's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=1057.005/16.83
=62.80

Natural Grocers by Vitamin Cottage's current Enterprise Value is $1,057 Mil.
Natural Grocers by Vitamin Cottage's Free Cash Flow 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 $17 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 Enterprise Value Related Terms


Natural Grocers by Vitamin Cottage Enterprise Value Historical Data

* Premium members only.

The historical data trend for Natural Grocers by Vitamin Cottage's Enterprise Value 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.

Natural Grocers by Vitamin Cottage Enterprise Value Chart

Natural Grocers by Vitamin Cottage Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 631.64 626.16 645.40 1,017.21 1,233.10

Natural Grocers by Vitamin Cottage Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Enterprise Value 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 1,236.78 1,222.30 1,233.10 878.71 899.41

NGVC vs VLGEA, YSWY, DNUT: Enterprise Value Comparison

For the Grocery Stores subindustry, Natural Grocers by Vitamin Cottage's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Natural Grocers by Vitamin Cottage's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Natural Grocers by Vitamin Cottage's Enterprise Value falls into.


NGVC
84GF Score
Natural Grocers by Vitamin Cottage Inc NGVC
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Natural Grocers by Vitamin Cottage Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Natural Grocers by Vitamin Cottage's Enterprise Value for the fiscal year that ended in Sep. 2025 is calculated as

Natural Grocers by Vitamin Cottage's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of $1,057 Mil mean?
Natural Grocers by Vitamin Cottage (NGVC) has a Enterprise Value of $1,057 Mil as of Jun. 25, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Natural Grocers by Vitamin Cottage and its competitors.
Is Natural Grocers by Vitamin Cottage's Enterprise Value too high?
Natural Grocers by Vitamin Cottage's current Enterprise Value is $1,057 Mil. Overall, Natural Grocers by Vitamin Cottage has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Natural Grocers by Vitamin Cottage's Enterprise Value compare to VLGEA and YSWY?
Natural Grocers by Vitamin Cottage's Enterprise Value of $1,057 Mil can be compared against companies in the Retail - Defensive industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Retail - Defensive company?
A good Enterprise Value depends on the Retail - Defensive industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Natural Grocers by Vitamin Cottage and its competitors. Natural Grocers by Vitamin Cottage's current Enterprise Value is $1,057 Mil. 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 $27.27, compared to a current price of $32.69 — trading 19.9% above its estimated fair value. The current Enterprise Value is $1,057 Mil. Natural Grocers by Vitamin Cottage's overall GF Score™ is 84/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Natural Grocers by Vitamin Cottage (NGVC), the current Enterprise Value is $1,057 Mil as of Jun. 25, 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 $32.69 is trading 19.9% above its estimated GF Value™ of $27.27. GuruFocus considers Natural Grocers by Vitamin Cottage to be Modestly Overvalued.

Key valuation signals for NGVC:

  • Enterprise Value: $1,057 Mil
  • GF Value™: $27.27 vs. price of $32.69 (19.9% above fair value)
  • GF Score™: 84/100 with 2 warning signs

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

Other Exchanges N2V:Germany
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 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.
84GF Score

Get the complete analysis for NGVC

Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$32.69
Price
$27.27
GF Value