NGVC (Natural Grocers by Vitamin Cottage) OCF Margin %: 6.73% (As of Mar. 2026) — 32% Above Median


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 OCF Margin %?

Natural Grocers by Vitamin Cottage NGVC +1.62% 84 OCF Margin % is 6.73% as of Mar. 2026, which is 32% above its 10-year median of 5.08. 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 309 Retail - Defensive companies, Natural Grocers by Vitamin Cottage ranks better than 53.4% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. Natural Grocers by Vitamin Cottage's Cash Flow from Operations for the three months ended in Mar. 2026 was $23 Mil. Natural Grocers by Vitamin Cottage's Revenue for the three months ended in Mar. 2026 was $337 Mil. Therefore, Natural Grocers by Vitamin Cottage's OCF Margin % for the quarter that ended in Mar. 2026 was 6.73%.

As of today, Natural Grocers by Vitamin Cottage's current OCF Yield % is 8.28%.

The historical rank and industry rank for Natural Grocers by Vitamin Cottage's OCF Margin % or its related term are showing as below:

NGVC' s OCF Margin % Range Over the Past 10 Years
Min: 3.64   Med: 5.08   Max: 6.41
Current: 4.66


During the past 13 years, the highest OCF Margin % of Natural Grocers by Vitamin Cottage was 6.41%. The lowest was 3.64%. And the median was 5.08%.

NGVC's OCF Margin % is ranked better than
53.4% of 309 companies
in the Retail - Defensive industry
Industry Median: 4.3 vs NGVC: 4.66


Natural Grocers by Vitamin Cottage OCF Margin % Related Terms


Natural Grocers by Vitamin Cottage OCF Margin % Historical Data

* Premium members only.

The historical data trend for Natural Grocers by Vitamin Cottage's OCF Margin % 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 OCF Margin % Chart

Natural Grocers by Vitamin Cottage Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
OCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.10 3.64 5.66 5.94 4.16

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
OCF Margin % 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 10.14 0.89 4.65 6.30 6.73

NGVC vs VLGEA, YSWY, DNUT: OCF Margin % Comparison

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

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

* The bar in red indicates where Natural Grocers by Vitamin Cottage's OCF Margin % falls into.


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

OCF Margin % is the ratio of Cash Flow from Operations divided by net sales or Revenue, usually presented in percent.

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

OCF Margin=Cash Flow from Operations (A: Sep. 2025 )/Revenue (A: Sep. 2025 )
=55.304/1330.836
=4.16 %

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

OCF Margin=Cash Flow from Operations (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=22.705/337.376
=6.73 %

* 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 OCF Margin % →
What does a OCF Margin % of 6.73% mean?
Natural Grocers by Vitamin Cottage (NGVC) has a OCF Margin % of 6.73% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Natural Grocers by Vitamin Cottage and its competitors. This is 32% above median its historical median of 5.08. Over the past decade, Natural Grocers by Vitamin Cottage's OCF Margin % has ranged from 3.64 to 6.41. According to the industry distribution chart, Natural Grocers by Vitamin Cottage ranks #144 out of 309 companies in the Retail - Defensive industry, placing it in the top 46.6%.
Is Natural Grocers by Vitamin Cottage's OCF Margin % too high?
Natural Grocers by Vitamin Cottage's current OCF Margin % of 6.73% is 32% above median its 10-year median of 5.08. Over the past 10 years, this metric has ranged from a low of 3.64 to a high of 6.41. The Retail - Defensive industry median OCF Margin % is 4.30. Natural Grocers by Vitamin Cottage's value of 6.73% is 56.5% above this industry median. Based on the distribution chart, Natural Grocers by Vitamin Cottage ranks #144 out of 309 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 OCF Margin % compare to VLGEA and YSWY?
According to the Retail - Defensive industry distribution chart, Natural Grocers by Vitamin Cottage ranks #144 out of 309 companies for OCF Margin %. This puts Natural Grocers by Vitamin Cottage in the upper half of its industry. The industry median OCF Margin % is 4.30. Natural Grocers by Vitamin Cottage's value of 6.73% is 56.5% above this benchmark. Historically, Natural Grocers by Vitamin Cottage's own OCF Margin % has ranged from 3.64 to 6.41 over the past decade. While the company's 10-year median is 5.08 vs. the industry median of 4.30, 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 OCF Margin % for a Retail - Defensive company?
The median OCF Margin % among Retail - Defensive companies is 4.30, based on 309 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF 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 OCF Margin % of 6.73% is 56.5% 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 OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Natural Grocers by Vitamin Cottage and its competitors. For the Retail - Defensive industry, the median OCF Margin % is 4.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Natural Grocers by Vitamin Cottage's current OCF Margin % is 6.73%, which is 32% above median its own 10-year median of 5.08. 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 OCF Margin % is 6.73%, which is 32% above median its 10-year median of 5.08 and 56.5% above the Retail - Defensive industry median of 4.30. 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 OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For Natural Grocers by Vitamin Cottage (NGVC), the current OCF Margin % is 6.73% 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:

  • OCF Margin %: 6.73% (32% above median its 10-year median of 5.08)
  • GF Value™: $27.27 vs. price of $32.69 (19.9% above fair value)
  • GF Score™: 84/100 with 2 warning signs
  • Industry Position: 56.5% above the Retail - Defensive median (#144 of 309)

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

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

$32.69
Price
$27.27
GF Value