MeritValue

VILLAGE SUPER MARKET INC

VLGEAdata completeness 88%16 fiscal years on file

Data notes: no data for concept 'epsDiluted'

The thesis, from the filings

VILLAGE SUPER MARKET INC earns about 11% on invested capital, and has bought back 2% of its shares over 5 years. The cash-flow models don't apply cleanly here — the ledger says why below.Whether it’s worth owning at today’s price is the last question — and yours to answer, below.

i. The business — what you’d actually own
FigureFY 2021FY 2022FY 2023FY 2024FY 2025
Revenue$2.03B1$2.06B2$2.17B3$2.24B4$2.32B4
Net income$20M5$26.8M6$49.7M7$50.5M8$56.4M8
Operating cash flow$52.7M9$79.6M10$104.5M11$80.8M12$93.2M12
Capital expenditure$25.2M13$43.3M14$46.4M15$63.1M16$58.8M16
Free cash flow (derived)$27.5M9$36.4M10$58.1M11$17.7M12$34.5M12
Total debt$80.8M17$81.2M18$91.2M19$81.7M20$67.4M20
Cash & equivalents$116.3M21$134.8M22$140.9M23$117.3M24$110.7M24
Diluted shares—4.3M4.2M4.2M—

Superscripts are receipts. Each links to the SEC filing the number came from (full list at the bottom).

iii. Is this a good business?
Moat signal · return on invested capital
11% avg · 5y
FY21 7%FY22 9%FY23 15%FY24 13%FY25 13%

It earned an average 11% on invested capital over 5 years. Compare that to what it costs to fund the business.

seeing a moat in the numbers →
Management signal · capital allocation
−2% shares · 5y

Share count is down 2% over 5 years — management has been buying back stock, quietly handing owners a bigger slice. Total debt has fallen 17% — deleveraging.

reading capital allocation →

Signals, not verdicts — read from the filings above. Numbers don’t prove a moat; they show its footprint. You decide.

iv. What it’s worth — engine v0.1.0
DCF · Growth Exit 10Y
not applicable
no diluted share count — cannot compute per-share value
DCF · Growth Exit 5Y
not applicable
no diluted share count — cannot compute per-share value
Earnings Power Value
not applicable
no diluted share count
Graham Number
not applicable
diluted EPS missing or non-positive — Graham Number undefined

Different models answer different questions — which to trust when →

Sources — the receipts
  1. 10-K · period ending 2021-07-31 · accession 0000103595-22-000019 (RevenueFromContractWithCustomerExcludingAssessedTax)
  2. 10-K · period ending 2022-07-30 · accession 0000103595-23-000014 (RevenueFromContractWithCustomerExcludingAssessedTax)
  3. 10-K · period ending 2023-07-29 · accession 0000103595-24-000019 (RevenueFromContractWithCustomerExcludingAssessedTax)
  4. 10-K · period ending 2024-07-27 · accession 0000103595-25-000015 (RevenueFromContractWithCustomerExcludingAssessedTax)
  5. 10-K · period ending 2021-07-31 · accession 0000103595-22-000019 (NetIncomeLoss)
  6. 10-K · period ending 2022-07-30 · accession 0000103595-23-000014 (NetIncomeLoss)
  7. 10-K · period ending 2023-07-29 · accession 0000103595-24-000019 (NetIncomeLoss)
  8. 10-K · period ending 2024-07-27 · accession 0000103595-25-000015 (NetIncomeLoss)
  9. 10-K · period ending 2021-07-31 · accession 0000103595-22-000019 (NetCashProvidedByUsedInOperatingActivities)
  10. 10-K · period ending 2022-07-30 · accession 0000103595-23-000014 (NetCashProvidedByUsedInOperatingActivities)
  11. 10-K · period ending 2023-07-29 · accession 0000103595-24-000019 (NetCashProvidedByUsedInOperatingActivities)
  12. 10-K · period ending 2024-07-27 · accession 0000103595-25-000015 (NetCashProvidedByUsedInOperatingActivities)
  13. 10-K · period ending 2021-07-31 · accession 0000103595-22-000019 (PaymentsToAcquirePropertyPlantAndEquipment)
  14. 10-K · period ending 2022-07-30 · accession 0000103595-23-000014 (PaymentsToAcquirePropertyPlantAndEquipment)
  15. 10-K · period ending 2023-07-29 · accession 0000103595-24-000019 (PaymentsToAcquirePropertyPlantAndEquipment)
  16. 10-K · period ending 2024-07-27 · accession 0000103595-25-000015 (PaymentsToAcquirePropertyPlantAndEquipment)
  17. 10-K · period ending 2021-07-31 · accession 0000103595-22-000019 (LongTermDebtCurrent)
  18. 10-K · period ending 2022-07-30 · accession 0000103595-23-000014 (LongTermDebtCurrent)
  19. 10-K · period ending 2023-07-29 · accession 0000103595-24-000019 (LongTermDebtCurrent)
  20. 10-K · period ending 2024-07-27 · accession 0000103595-25-000015 (LongTermDebtCurrent)
  21. 10-K · period ending 2021-07-31 · accession 0000103595-22-000019 (CashAndCashEquivalentsAtCarryingValue)
  22. 10-K · period ending 2022-07-30 · accession 0000103595-23-000014 (CashAndCashEquivalentsAtCarryingValue)
  23. 10-K · period ending 2023-07-29 · accession 0000103595-24-000019 (CashAndCashEquivalentsAtCarryingValue)
  24. 10-K · period ending 2024-07-27 · accession 0000103595-25-000015 (CashAndCashEquivalentsAtCarryingValue)