What is Natural Grocers by Vitamin Cottage Net Margin %?
Natural Grocers by Vitamin CottageNGVC +1.62%84 Net Margin % is 3.98% as of Mar. 2026, which is 105% above its 10-year median of 1.94. 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. Among 310 Retail - Defensive companies, Natural Grocers by Vitamin Cottage ranks better than 67.74% on this metric.
NGVC'
s Net Margin % Range Over the Past 10 Years
Min: 0.9 Med: 1.94 Max: 3.6
Current: 3.6
NGVC's Net Margin % is ranked better than 67.74% of 310
companies
in the Retail - Defensive industry
Industry Median: 2.155
vs NGVC: 3.60
Natural Grocers by Vitamin Cottage (NYSE:NGVC) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Natural Grocers by Vitamin Cottage Net Margin % Related Terms
Natural Grocers by Vitamin Cottage Net Margin % 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 Net Margin % Chart
NGVC vs VLGEA, YSWY, DNUT: Net Margin % Comparison
For the Grocery Stores subindustry, Natural Grocers by Vitamin Cottage's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Natural Grocers by Vitamin Cottage's Net Margin % distribution charts can be found below:
* The bar in red indicates where Natural Grocers by Vitamin Cottage's Net Margin % falls into.
* 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 Net Margin % of 3.98% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Natural Grocers by Vitamin Cottage and its competitors. This is 105% above median its historical median of 1.94. Over the past decade, Natural Grocers by Vitamin Cottage's Net Margin % has ranged from 0.90 to 3.60. According to the industry distribution chart, Natural Grocers by Vitamin Cottage ranks #100 out of 310 companies in the Retail - Defensive industry, placing it in the top 32.3%.
Is Natural Grocers by Vitamin Cottage's Net Margin % too high?
Natural Grocers by Vitamin Cottage's current Net Margin % of 3.98% is 105% above median its 10-year median of 1.94. Over the past 10 years, this metric has ranged from a low of 0.90 to a high of 3.60. The Retail - Defensive industry median Net Margin % is 2.16. Natural Grocers by Vitamin Cottage's value of 3.98% is 84.7% above this industry median. Based on the distribution chart, Natural Grocers by Vitamin Cottage ranks #100 out of 310 companies in the Retail - Defensive industry, which is above the industry midpoint. 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 Net Margin % compare to VLGEA and YSWY?
According to the Retail - Defensive industry distribution chart, Natural Grocers by Vitamin Cottage ranks #100 out of 310 companies for Net Margin %. This puts Natural Grocers by Vitamin Cottage in the upper half of its industry. The industry median Net Margin % is 2.16. Natural Grocers by Vitamin Cottage's value of 3.98% is 84.7% above this benchmark. Historically, Natural Grocers by Vitamin Cottage's own Net Margin % has ranged from 0.90 to 3.60 over the past decade. While the company's 10-year median is 1.94 vs. the industry median of 2.16, 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 Net Margin % for a Retail - Defensive company?
The median Net Margin % among Retail - Defensive companies is 2.16, based on 310 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Natural Grocers by Vitamin Cottage's current Net Margin % of 3.98% is 84.7% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Natural Grocers by Vitamin Cottage and its competitors. For the Retail - Defensive industry, the median Net Margin % is 2.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Natural Grocers by Vitamin Cottage's current Net Margin % is 3.98%, which is 105% above median its own 10-year median of 1.94. 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 Net Margin % is 3.98%, which is 105% above median its 10-year median of 1.94 and 84.7% above the Retail - Defensive industry median of 2.16. 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 Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Natural Grocers by Vitamin Cottage (NGVC), the current Net Margin % is 3.98% 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 $32.69 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:
Net Margin %: 3.98% (105% above median its 10-year median of 1.94)
GF Value™: $27.27 vs. price of $32.69 (19.9% above fair value)
Industry Position: 84.7% above the Retail - Defensive median (#100 of 310)
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.
84GF Score
Get the complete analysis for NGVC
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