Is Natural Grocers by Vitamin Cottage Inc (NGVC) overvalued? · P/E 23, rev $1.24B
Natural Grocers by Vitamin Cottage Inc (NGVC) is a grocery stores company listed on US.
This page asks whether Natural Grocers by Vitamin Cottage Inc (NGVC) looks expensive on cached numbers — not a short thesis.
Latest reported NGVC revenue for 2024-09-30 was $1.24B. Net income was $33.9M. Revenue was up 311.5% from 2023-12-31 to 2024-09-30. NGVC currently screens at market cap $920.1M and trailing P/E 22.5.
NGVC currently screens at market cap $920.1M and trailing P/E 22.5. A high multiple can be growth prepaid or a bubble. The filing has to explain the gap.
If the next NGVC 8-K cuts growth or raises capex, this “expensive” read gets worse. Until then the SEC page is the source.
Not investment advice. Use the NGVC stock page for the full model, not this heading.
Not investment advice.