Natural Grocers by Vitamin Cottage, Inc., together with its subsidiaries, retails natural and organic groceries, and dietary supplements in the United States. The company's stores offer natural and organic grocery products, such as organic produce; bulk food products; private label products comprising pasta, pasta sauce, ketchup, canned beans and vegetables, frozen vegetables, frozen fruits, frozen meals, frozen pizza, bread, baking mixes, plant based butter, olive and coconut oil, coconut milk, honey, maple syrup, preserves, chocolate, coffee, bacon, beef jerky, canned seafood, popcorn, tortilla chips, taco shells, eggs, cheese, apple sauce, apple cider vinegar, spring water, paper products, cleaning products, and other products; dry, frozen, and canned groceries; meat and seafood products; dairy products, dairy substitutes, and eggs; prepared foods; bread and baked products; beverages; and beer, wine, and hard cider products. Its stores also provide private label dietary supplements; body care products consisting of cosmetics, skin care, hair care, fragrance, and personal care products containing natural and organic ingredients; pet care and food products; books and handouts; and household and general merchandise, including cleaning supplies, paper products, and dish and laundry soaps, as well as other common household products, such as diapers. The company operates its retail stores under the Natural Grocers by Vitamin Cottage trademark. As of February 1, 2022, it operated 162 stores in 20 states. The company also offers science-based nutrition education programs to help customers make informed health and nutrition choices. Natural Grocers by Vitamin Cottage, Inc. was founded in 1955 and is headquartered in Lakewood, Colorado.

Natural Grocers by Vitamin Cottage, Inc.

Hoow Foods develops healthier foods aimed at preventing metabolic syndrome, leveraging proprietary food technology.

Hoow Foods

Loes Market focuses on research in the sustainable food market in Denmark, emphasizing the shift towards purchasing sustainable products such as organic and locally produced food.

Loes Market

Natural Grocers is a retailer focused on providing natural and organic grocery products, along with dietary supplements and body care items.

Metric
Company Name	Natural Grocers by Vitamin Cottage, Inc.	Hoow Foods	Loes Market
Symbol	NGVC
MSH ID	COM:NATURALGROCERS	COM:HOOWFOODS	DK:LOES-MARKET
Market	STOCKS	PRIVATE	PRIVATE
Sector	Consumer Defensive	Consumer Goods	Consumer Goods
Industry	Grocery Stores	Food & Beverage	Food & Beverage
Country	US	US	DK
Stage
Employee Count	3.23K
Website	naturalgrocers.com	hoowfoods.com	loes-market.dk
LinkedIn		hoow-foods-pte-ltd
Founders

Metric
Market Cap	516.01M
Enterprise Value
Monthly Web Traffic
Web Traffic Growth
Valuation
Raised Capital

Metric
Revenue	1.24B
Revenue (LTM)
Revenue (NTM)
Gross Profit	364.81M
EBITDA	46.98M
Operating Income	46.98M
Net Income	33.94M
EPS	1.49
Diluted EPS	1.47
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin	0.29
Operating Profit Margin	0.04
EBITDA Margin	0.04
Net Profit Margin	0.03
Return on Equity	0.19
Return on Assets	0.05
Return on Capital Employed	0.09

COM:NATURALGROCERS

Natural Grocers

Last Close

36.25

22/11 21:00

Market Cap

516.01M

Beta: -

Volume Today

380.98K

Avg: -

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio	14.49
P/B Ratio	1.97
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio	0.56
EV Multiple	4.28

Metric
Days Sales Outstanding	3.46
Days Payables Outstanding	36.19
Days Inventory Outstanding	51.36
Operating Cycle	54.29
Cash Conversion Cycle	18.68
Asset Turnover	1.86

Metric
Operating Cash Flow	64.61M
Free Cash Flow	26.51M
Cash Flow to Debt	1.34
Operating Cash Flow/Sales	0.06
Free Cash Flow Yield	0.08

Metric
Cash & Equivalents	18.34M
Accounts Receivable	315K
Inventory	119.26M
Goodwill
Debt to Capitalization	0.71
Debt to Assets	0.55
Current Ratio	0.99
Quick Ratio	0.18

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue	0.00
R&D to Revenue
SG&A to Revenue	0.20