NGVCNatural Grocers by Vitamin Cottage, Inc.

$31.41-21% 1Y

$31.41

$23.4552 weeks$40.08

Is the price fair?

Fair

Neither cheap nor expensive: nothing decisive, though priced for +12% a year vs +6% a year delivered.

1 to watch, 1 neutral, 1 without data

What the price assumes~+12% a yearderived · Jun 30, 2026

Priced for ~12% a year FCF growth. The price demands more than its three-year revenue growth of 6% a year, priced for acceleration.

Vs its own P/E rangemid-range for this companyderived

In its normal range: P/E 15.3 vs a 14.6 median over 41 quarters (+4% vs median).

Where this answer is blind. The growth-implied estimate assumes a fixed discount rate; capital-heavy sectors look structurally rich on it.

Natural Grocers by Vitamin Cottage, Inc. trades at 15.3× earnings against 21.7× for the median Consumer Defensive name, cheaper than its own group.

15.3

Trailing P/E · Consumer Defensive median 21.7 · cheaper than the typical name in its group

Price / sales: 0.54
Price / sales · as of 2026-Q2
Free cash flow yield: 3.1%
Free cash flow yield · Grocery Stores median 6.0%
Growth the price implies: +12%
Growth the price implies · The price pays for +12% free cash flow growth a year for a decade; the business has delivered +27% a year over the last three.

Details›

What the market has paid for these earnings: 41 quarters of its own multiple × $2.06 of trailing earnings per share
Method	Per share
Its own P/E history, lower quartile	$24.78
Its own P/E history, median	$30.11
Its own P/E history, upper quartile	$37.64
52-week range	$23.45 – $40.08
Today	$31.41

Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.