NGVC (Natural Grocers by Vitamin Cottage) EPS without NRI: $2.12 (TTM As of Mar. 2026)


NGVC Natural Grocers by Vitamin Cottage Inc NGVC
86 GF Score
Price $32.60
GF Value $27.31
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Natural Grocers by Vitamin Cottage EPS without NRI?

Natural Grocers by Vitamin Cottage NGVC +2.29% 86 EPS without NRI is $2.12 as of Mar. 2026. GuruFocus rates NGVC with a GF Score™ of 86/100 and a GF Value™ of $27.31 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 261 Retail - Defensive companies, Natural Grocers by Vitamin Cottage ranks better than 81.23% on this metric.

Natural Grocers by Vitamin Cottage's earnings per share without non-recurring items for the three months ended in Mar. 2026 was $0.60. Its earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Mar. 2026 was $2.12.

During the past 12 months, Natural Grocers by Vitamin Cottage's average earnings per share (NRI) Growth Rate was 15.50% per year. During the past 3 years, the average earnings per share (NRI) Growth Rate was 27.70% per year. During the past 5 years, the average earnings per share (NRI) Growth Rate was 16.70% per year. During the past 10 years, the average earnings per share (NRI) Growth Rate was 11.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EPS without NRI Growth Rate using Earnings per share without Non-Recurring Items (NRI) data.

The historical rank and industry rank for Natural Grocers by Vitamin Cottage's EPS without NRI or its related term are showing as below:

NGVC' s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: -15.6   Med: 22.6   Max: 48.5
Current: 27.7

During the past 13 years, Natural Grocers by Vitamin Cottage's highest 3-Year average Earnings Per Share (NRI) Growth Rate was 48.50% per year. The lowest was -15.60% per year. And the median was 22.60% per year.

NGVC's 3-Year EPS without NRI Growth Rate is ranked better than
81.23% of 261 companies
in the Retail - Defensive industry
Industry Median: 8 vs NGVC: 27.70

Natural Grocers by Vitamin Cottage's EPS (Diluted) for the three months ended in Mar. 2026 was $0.58. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $2.08.

Natural Grocers by Vitamin Cottage's EPS (Basic) for the three months ended in Mar. 2026 was $0.58. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was $2.09.


Natural Grocers by Vitamin Cottage  (NYSE:NGVC) EPS without NRI Explanation

EPS without NRI removes onetime and unusual items from EPS, to provide investors with a more accurate measure of the company’s true earnings. The earnings are adjusted for items that are irregular or unusual in nature, and/or are non-recurring. This is calculated using Net Income (Continuing Operations) plus/minus any tax affected unusual Items and Goodwill Impairments/Write Offs. This can be used to fairly measure a company's profitability.


Be Aware

Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.

If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.


Natural Grocers by Vitamin Cottage EPS without NRI Related Terms


Natural Grocers by Vitamin Cottage EPS without NRI Historical Data

* Premium members only.

The historical data trend for Natural Grocers by Vitamin Cottage's EPS without NRI 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 EPS without NRI Chart

Natural Grocers by Vitamin Cottage Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
EPS without NRI
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.94 0.98 1.09 1.53 2.04

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
EPS without NRI 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 0.57 0.50 0.52 0.50 0.60

NGVC vs YSWY, VLGEA, DNUT: EPS without NRI Comparison

For the Grocery Stores subindustry, Natural Grocers by Vitamin Cottage's PE Ratio without NRI, along with its competitors' market caps and PE Ratio without NRI 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 PE Ratio without NRI vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Natural Grocers by Vitamin Cottage's PE Ratio without NRI distribution charts can be found below:

* The bar in red indicates where Natural Grocers by Vitamin Cottage's PE Ratio without NRI falls into.


NGVC
86GF Score
Natural Grocers by Vitamin Cottage Inc NGVC
EPS without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
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Natural Grocers by Vitamin Cottage EPS without NRI Calculation

Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.

Earnings Per Share without Non-Recurring Items is the amount of earnings without non-recurring items per outstanding share of the company's stock.

EPS without NRI 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 $2.12

* 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 EPS without NRI →
What does a EPS without NRI of $2.12 mean?
Natural Grocers by Vitamin Cottage (NGVC) has a EPS without NRI of $2.12 as of Mar. 2026. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on Natural Grocers by Vitamin Cottage and its competitors. According to the industry distribution chart, Natural Grocers by Vitamin Cottage ranks #49 out of 261 companies in the Retail - Defensive industry, placing it in the top 18.8%.
Is Natural Grocers by Vitamin Cottage's EPS without NRI too high?
Natural Grocers by Vitamin Cottage's current EPS without NRI is $2.12. The Retail - Defensive industry median EPS without NRI is 8.00. Natural Grocers by Vitamin Cottage's value of $2.12 is 73.5% below this industry median. Based on the distribution chart, Natural Grocers by Vitamin Cottage ranks #49 out of 261 companies in the Retail - Defensive industry, which is in the top quartile — a strong position relative to peers. 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 EPS without NRI compare to YSWY and VLGEA?
According to the Retail - Defensive industry distribution chart, Natural Grocers by Vitamin Cottage ranks #49 out of 261 companies for EPS without NRI. This places Natural Grocers by Vitamin Cottage in the top 19% of its industry — outperforming the majority of peers. The industry median EPS without NRI is 8.00. Natural Grocers by Vitamin Cottage's value of $2.12 is 73.5% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EPS without NRI for a Retail - Defensive company?
The median EPS without NRI among Retail - Defensive companies is 8.00, based on 261 companies in the industry. Companies in the top quartile (top 25%) have a EPS without NRI significantly above this median, while those in the bottom quartile fall well below. However, EPS without NRI should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Natural Grocers by Vitamin Cottage's current EPS without NRI of $2.12 is 73.5% below 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 EPS without NRI mean?
A high EPS without NRI can signal that a stock is expensive relative to its fundamentals. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on Natural Grocers by Vitamin Cottage and its competitors. For the Retail - Defensive industry, the median EPS without NRI is 8.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Natural Grocers by Vitamin Cottage's current EPS without NRI is $2.12. 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 $27.31, compared to a current price of $32.60 — trading 19.4% above its estimated fair value. The current EPS without NRI is $2.12 and 73.5% below the Retail - Defensive industry median of 8.00. 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 EPS without NRI calculated?
EPS without NRI is calculated from a company's financial statements. For Natural Grocers by Vitamin Cottage (NGVC), the current EPS without NRI is $2.12 as of Mar. 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 $32.60 is trading 19.4% above its estimated GF Value™ of $27.31. GuruFocus considers Natural Grocers by Vitamin Cottage to be Modestly Overvalued.

Key valuation signals for NGVC:

  • EPS without NRI: $2.12
  • GF Value™: $27.31 vs. price of $32.60 (19.4% above fair value)
  • GF Score™: 86/100 with 2 warning signs
  • Industry Position: 73.5% below the Retail - Defensive median (#49 of 261)

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.
86GF Score

Get the complete analysis for NGVC

EPS without NRI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$32.60
Price
$27.31
GF Value