Krispy Kreme, Inc. (DNUT) vs Natural Grocers by Vitamin Cottage, Inc. (NGVC)

Krispy Kreme, Inc. and Natural Grocers by Vitamin Cottage, Inc. are both Grocery Stores companies. Natural Grocers by Vitamin Cottage, Inc. is the larger, with a market value of $690.7M against $518.8M — 1.3× the size. Krispy Kreme, Inc. has negative trailing earnings, so its P/E is not meaningful; Natural Grocers by Vitamin Cottage, Inc. trades at 14.4×. Natural Grocers by Vitamin Cottage, Inc. grew revenue faster over the last twelve months: 2.01% against −4.75%. Natural Grocers by Vitamin Cottage, Inc. has the higher net margin (3.55% vs −6.24%) and the higher return on invested capital (14.9% vs −1.24%). Both pay a dividend; Natural Grocers by Vitamin Cottage, Inc. yields more (2.70% vs 0.89%). Across the 22 metrics below, Natural Grocers by Vitamin Cottage, Inc. leads on 15 and Krispy Kreme, Inc. on 7.

Valuation

Metric DNUT NGVC Grocery Stores median
P/E n/m 14.37 14.37
P/S 0.34 0.51 0.26
P/B 0.80 2.85 1.73
Price to free cash flow 12.26 30.56 11.51
EV/EBITDA 13.77 7.39 6.40
EV/Sales 0.92 0.53 0.33
Earnings yield (19.38%) 6.96% 6.14%
Free cash flow yield 8.15% 3.27% 7.48%

Profitability

Metric DNUT NGVC Grocery Stores median
Gross margin 75.19% 29.64% 27.60%
Operating margin (1.98%) 4.71% 1.94%
Net margin (6.24%) 3.55% 1.60%
Free cash flow margin 2.77% 1.66% 1.64%
Return on equity (13.67%) 21.56% 8.97%
Return on assets (3.66%) 7.08% 3.10%
Return on invested capital (1.24%) 14.92% 5.82%

Growth

Metric DNUT NGVC Grocery Stores median
Revenue growth (TTM) (4.75%) 2.01% 3.48%
EPS growth (last fiscal year) (15,200.00%) 36.05% —
Revenue growth, 5-year CAGR 6.30% 5.12% 5.16%
Net income growth, 5-year CAGR 0.00% 18.34% 0.00%

Health

Metric DNUT NGVC Grocery Stores median
Debt to equity 1.40 0.18 0.46
Current ratio 0.36 1.10 1.11
Net debt to EBITDA 39.35 0.30 0.46

Dividend

Metric DNUT NGVC Grocery Stores median
Dividend yield 0.89% 2.70% 2.20%
Payout ratio 0.00 0.47 0.13

Size

Metric DNUT NGVC Grocery Stores median
Market cap 518.76m 690.68m 1.19b

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