NGVC (Natural Grocers by Vitamin Cottage) 10-Year RORE % : 23.10% (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 10-Year RORE %?

Natural Grocers by Vitamin Cottage NGVC +2.29% 86 10-Year RORE % is 23.10 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 213 Retail - Defensive companies, Natural Grocers by Vitamin Cottage ranks better than 78.87% on this metric.

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. Natural Grocers by Vitamin Cottage's 10-Year RORE % for the quarter that ended in Mar. 2026 was 23.10%.

The industry rank for Natural Grocers by Vitamin Cottage's 10-Year RORE % or its related term are showing as below:

NGVC's 10-Year RORE % is ranked better than
78.87% of 213 companies
in the Retail - Defensive industry
Industry Median: 9.58 vs NGVC: 23.10

Natural Grocers by Vitamin Cottage  (NYSE:NGVC) 10-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 10-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


Natural Grocers by Vitamin Cottage 10-Year RORE % Related Terms


Natural Grocers by Vitamin Cottage 10-Year RORE % Historical Data

* Premium members only.

The historical data trend for Natural Grocers by Vitamin Cottage's 10-Year RORE % 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 10-Year RORE % Chart

Natural Grocers by Vitamin Cottage Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
10-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.98 8.58 7.62 12.69 21.80

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
10-Year RORE % 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 17.82 19.91 21.80 23.28 23.10

NGVC vs YSWY, VLGEA, DNUT: 10-Year RORE % Comparison

For the Grocery Stores subindustry, Natural Grocers by Vitamin Cottage's 10-Year RORE %, along with its competitors' market caps and 10-Year RORE % 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 10-Year RORE % vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Natural Grocers by Vitamin Cottage's 10-Year RORE % distribution charts can be found below:

* The bar in red indicates where Natural Grocers by Vitamin Cottage's 10-Year RORE % falls into.


NGVC
86GF Score
Natural Grocers by Vitamin Cottage Inc NGVC
10-Year RORE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Natural Grocers by Vitamin Cottage 10-Year RORE % Calculation

Natural Grocers by Vitamin Cottage's 10-Year RORE % for the quarter that ended in Mar. 2026 is calculated as:

10-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 10-year -Cumulative Dividends per Share for 10-year )
=( 2.08-0.41 )/( 9.77-2.54 )
=1.67/7.23
=23.10 %

* 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.

In the calculation of 10-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Mar. 2026 and 10-year before.

Frequently Asked Questions Learn more about 10-Year RORE % →
What does a 10-Year RORE % of 23.10 mean?
Natural Grocers by Vitamin Cottage (NGVC) has a 10-Year RORE % of 23.10 as of Mar. 2026. 10-Year RORE % shows how much a company earns by reinvesting its retained earnings in 10-year. View historical data on Natural Grocers by Vitamin Cottage and its competitors. According to the industry distribution chart, Natural Grocers by Vitamin Cottage ranks #45 out of 213 companies in the Retail - Defensive industry, placing it in the top 21.1%.
Is Natural Grocers by Vitamin Cottage's 10-Year RORE % too high?
Natural Grocers by Vitamin Cottage's current 10-Year RORE % is 23.10. The Retail - Defensive industry median 10-Year RORE % is 9.58. Natural Grocers by Vitamin Cottage's value of 23.10 is 141.1% above this industry median. Based on the distribution chart, Natural Grocers by Vitamin Cottage ranks #45 out of 213 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 10-Year RORE % compare to YSWY and VLGEA?
According to the Retail - Defensive industry distribution chart, Natural Grocers by Vitamin Cottage ranks #45 out of 213 companies for 10-Year RORE %. This places Natural Grocers by Vitamin Cottage in the top 21% of its industry — outperforming the majority of peers. The industry median 10-Year RORE % is 9.58. Natural Grocers by Vitamin Cottage's value of 23.10 is 141.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 10-Year RORE % for a Retail - Defensive company?
The median 10-Year RORE % among Retail - Defensive companies is 9.58, based on 213 companies in the industry. Companies in the top quartile (top 25%) have a 10-Year RORE % significantly above this median, while those in the bottom quartile fall well below. However, 10-Year RORE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Natural Grocers by Vitamin Cottage's current 10-Year RORE % of 23.10 is 141.1% 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 10-Year RORE % mean?
A high 10-Year RORE % can signal that a stock is expensive relative to its fundamentals. 10-Year RORE % shows how much a company earns by reinvesting its retained earnings in 10-year. View historical data on Natural Grocers by Vitamin Cottage and its competitors. For the Retail - Defensive industry, the median 10-Year RORE % is 9.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Natural Grocers by Vitamin Cottage's current 10-Year RORE % is 23.10. 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 10-Year RORE % is 23.10 and 141.1% above the Retail - Defensive industry median of 9.58. 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 10-Year RORE % calculated?
10-Year RORE % is calculated from a company's financial statements. For Natural Grocers by Vitamin Cottage (NGVC), the current 10-Year RORE % is 23.10 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:

  • 10-Year RORE %: 23.10
  • GF Value™: $27.31 vs. price of $32.60 (19.4% above fair value)
  • GF Score™: 86/100 with 2 warning signs
  • Industry Position: 141.1% above the Retail - Defensive median (#45 of 213)

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

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

$32.60
Price
$27.31
GF Value