← BackNatural Grocers by Vitamin Cottage, Inc. · Grocery StoresNGVC
Low riskNext report: Around Nov 19 (est.)
The short versionA profitable company with steady sales. Institutions are adding.
Going well
- Profitable every year for 10 years
- Brings in more cash than it spends
- No debt reported
Money moves
- No insider buying or selling in the last 30 days
- Institutions added 6.1% to their holdings in the quarter ending June 2026 (88 bought, 62 sold)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$31.05-1.1% that day
- Company value
- $716M
- Share price times all shares
- Price vs profit (P/E)
- 15.1x
- You pay about $15 for each $1 of yearly profit
- Price vs sales
- 0.53x
- Company value is 0.53 times a year of sales
- Cash vs value
- 2%
- Cash as a share of company value
From NGVC's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 12 quarters, from SEC filings
Sales, Jun '26$334.7M+1.8% vs a year earlier
Sep '23Tap a barJun '26
Last 12 months: $1.3B, up 2.0% from the 12 months before. Over 5 years, sales grew about 5.1% a year.
Business quality
The checklist Warren Buffett-style investors use. Annual numbers for 2025.- PassReturn on equity 15%+Earns a lot on the money owners have in the business.23.1%
- PassDebt under half of equityNot relying on borrowed money.0.00x equity
- MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.3.5%
- PassProfitable every yearSteady profits, not one good year.10 of 10 years
- PassFree cash flow positiveBrings in more cash than it spends to run and grow.$24.1M
- MissShare count not growingNot diluting owners. Falling means buybacks.+1.9% in 3 years
- MissGross margin 40%+Pricing power: sells for well above what it costs to make.29.9%
- Revenue
- $1.3B
- +7.2% vs prior year
- 5-year growth
- +5.1%/yr
- revenue, per year
- Total debt
- None
- 0.00x equity
- Current ratio
- 1.07x
- short-term assets / bills due
From annual reports filed with the SEC. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026- Revenue
- $334.7M
- +1.8% YoY
- EPS
- $0.48
- vs $0.50
- Op. margin
- 4.5%
- -0.2 pts
- Gross margin
- 29.3%
- -0.6 pts
- Free cash flow
- $1.3M
- Share count
- -0.2%
- vs a year ago
Insider rating
Last 90 days
No open-market insider buys or sells in the last 90 days.
Weekly insider trendNo trades to chart yet.
Filing buzz
Last 7 days vs normal
0/ 100
- This week
- 0
- Normal week
- 0.4
- vs normal
- 0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+6.1%Institutions added 6.1% to their holdings. 88 bought, 62 sold.
Shares held by institutions9.2M
Sep '24Jun '26
Share count growthYearly rate, last 3 years
+0.4%Cash runwayAt last year's cash burn
Cash flow positiveDebt to equityLatest balance sheet: debt compared with what owners have
0.0x · $1.5M debtShares outstandingLatest reported
23MNext reportAround Nov 19 (est.)Estimated from the same quarter last year
- Results filedAug 6
- Results filedMay 7
- Results filedFeb 5
- Results filedNov 20, 2025
- Results filedAug 7, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days
No offerings, red flags or new big holders. Clean record.
Insider trades
Open-market buys and sells, last 90 days
No open-market buys or sells in 90 days. Grants and option exercises are left out.
"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.