What is the intrinsic value of NGVC?

As of 2026-03-22, the Intrinsic Value of Natural Grocers By Vitamin Cottage Inc (NGVC) is 51.04 USD. This NGVC valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 25.32 USD, the upside of Natural Grocers By Vitamin Cottage Inc is 101.60%.

The range of the Intrinsic Value is 36.28 - 89.59 USD

Is NGVC undervalued or overvalued?

Based on its market price of 25.32 USD and our intrinsic valuation, Natural Grocers By Vitamin Cottage Inc (NGVC) is undervalued by 101.60%.

	Range	Selected	Upside
a
DCF (Growth 5y)	36.28 - 89.59	51.04	101.6%
DCF (Growth 10y)	42.05 - 97.25	57.44	126.8%
DCF (EBITDA 5y)	29.37 - 34.11	32.81	29.6%
DCF (EBITDA 10y)	35.23 - 42.27	39.62	56.5%
Fair Value	40.86 - 40.86	40.86	61.39%
P/E	33.11 - 36.78	35.94	41.9%
EV/EBITDA	22.91 - 28.02	25.46	0.5%
EPV	35.22 - 46.57	40.90	61.5%
DDM - Stable	23.63 - 77.84	50.73	100.4%
DDM - Multi	30.56 - 76.25	43.40	71.4%