WallStSmart

Grocery Outlet Holding Corp (GO)vsNatural Grocers by Vitamin Cottage Inc (NGVC)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Grocery Outlet Holding Corp generates 256% more annual revenue ($4.69B vs $1.32B). NGVC leads profitability with a 3.3% profit margin vs -4.8%. NGVC earns a higher WallStSmart Score of 60/100 (C+).

GO

Hold

43

out of 100

Grade: D

Growth: 4.7Profit: 3.0Value: 5.0Quality: 6.5
Piotroski: 5/9Altman Z: 1.84

NGVC

Buy

60

out of 100

Grade: C+

Growth: 6.7Profit: 5.5Value: 10.0Quality: 5.0
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

Intrinsic value data unavailable for GO.

NGVCUndervalued (+71.9%)

Margin of Safety

+71.9%

Fair Value

$87.98

Current Price

$24.88

$63.10 discount

UndervaluedFair: $87.98Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

GO1 strengths · Avg: 10.0/10
Price/BookValuation
0.6x10/10

Reasonable price relative to book value

NGVC4 strengths · Avg: 8.3/10
Return on EquityProfitability
23.6%9/10

Every $100 of equity generates 24 in profit

P/E RatioValuation
16.9x8/10

Attractively priced relative to earnings

Price/BookValuation
2.8x8/10

Reasonable price relative to book value

EPS GrowthGrowth
25.0%8/10

Earnings expanding 25.0% YoY

Areas to Watch

GO4 concerns · Avg: 3.3/10
Altman Z-ScoreHealth
1.844/10

Grey zone — moderate risk

Market CapQuality
$641.92M3/10

Smaller company, higher risk/reward

Operating MarginProfitability
2.1%3/10

Operating margin of 2.1%

Debt/EquityHealth
1.513/10

Elevated debt levels

NGVC3 concerns · Avg: 3.0/10
Market CapQuality
$730.40M3/10

Smaller company, higher risk/reward

Profit MarginProfitability
3.3%3/10

3.3% margin — thin

Operating MarginProfitability
4.7%3/10

Operating margin of 4.7%

Comparative Analysis Report

WallStSmart Research

Bull Case : GO

The strongest argument for GO centers on Price/Book. Revenue growth of 10.7% demonstrates continued momentum.

Bull Case : NGVC

The strongest argument for NGVC centers on Return on Equity, P/E Ratio, Price/Book. PEG of 1.44 suggests the stock is reasonably priced for its growth.

Bear Case : GO

The primary concerns for GO are Altman Z-Score, Market Cap, Operating Margin. Debt-to-equity of 1.51 is elevated, increasing financial risk.

Bear Case : NGVC

The primary concerns for NGVC are Market Cap, Profit Margin, Operating Margin. Thin 3.3% margins leave little buffer for downturns.

Key Dynamics to Monitor

GO profiles as a turnaround stock while NGVC is a value play — different risk/reward profiles.

NGVC carries more volatility with a beta of 1.20 — expect wider price swings.

GO is growing revenue faster at 10.7% — sustainability is the question.

NGVC generates stronger free cash flow (12M), providing more financial flexibility.

Bottom Line

NGVC scores higher overall (60/100 vs 43/100). Both earn "Buy" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Grocery Outlet Holding Corp

CONSUMER DEFENSIVE · GROCERY STORES · USA

Grocery Outlet Holding Corp. The company is headquartered in Emeryville, California.

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Natural Grocers by Vitamin Cottage Inc

CONSUMER DEFENSIVE · GROCERY STORES · USA

Natural Grocers of Vitamin Cottage, Inc., sells natural and organic foods and dietary supplements in the United States. The company is headquartered in Lakewood, Colorado.

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