(VFF) Village Farms International - Overview
Stock: Tomatoes, Bell Peppers, Cucumbers, Cannabis, Power
EPS (Earnings per Share)
Revenue
| Risk 5d forecast | |
|---|---|
| Volatility | 82.6% |
| Relative Tail Risk | -16.0% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.91 |
| Alpha | 292.21 |
| Character TTM | |
|---|---|
| Beta | 1.179 |
| Beta Downside | 1.367 |
| Drawdowns 3y | |
|---|---|
| Max DD | 68.56% |
| CAGR/Max DD | 0.65 |
Description: VFF Village Farms International January 17, 2026
Village Farms International Inc. (NASDAQ: VFF) is a vertically integrated greenhouse producer that grows tomatoes, bell peppers, cucumbers and mini-cukes for North-American retail and food-service channels, while also operating diversified businesses in cannabis, renewable energy and specialty “Leli” products.
The firm reports five operating segments: (1) Produce – greenhouse horticulture sold under the Village Farms brand and through partner growers; (2) Cannabis-Canada – wholesale supply of dried flower, extracts and cannabinoid-based health-wellness products to licensed producers and provincial governments; (3) Cannabis-U.S. – emerging sales of cannabis-derived edibles and topicals to U.S. coffee-shop-type retailers; (4) Energy – generation of power from on-site solar and biogas assets; and (5) Leli – niche specialty products (e.g., premium lettuce).
Key operational metrics that analysts watch include: (i) average greenhouse yield per square foot (≈ 20 lb/ft² for tomatoes, a benchmark for efficiency); (ii) cannabis segment gross margin, which has averaged ~ 55 % in 2023, reflecting the premium pricing of Canadian-licensed wholesale contracts; and (iii) energy-segment capacity utilization, currently at ~ 85 % of its 50 MW solar-plus-biogas portfolio, providing a modest but stable ancillary cash flow.
Sector drivers shaping VFF’s outlook are the continued growth of the North-American controlled-environment agriculture market (projected CAGR ≈ 7 % through 2028), the expanding legal cannabis market in Canada (expected to reach US$ 5 bn by 2025) and the increasing demand for renewable-energy-backed food production, which can lower utility costs and improve sustainability credentials.
For a deeper, data-driven assessment of VFF’s valuation dynamics, you may find the analytical tools on ValueRay worth exploring.
Piotroski VR‑10 (Strict, 0-10) 6.5
| Net Income: 21.4m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.08 > 0.02 and ΔFCF/TA 7.62 > 1.0 |
| NWC/Revenue: 35.01% < 20% (prev 22.62%; Δ 12.39% < -1%) |
| CFO/TA 0.10 > 3% & CFO 41.9m > Net Income 21.4m |
| Net Debt (-48.4m) to EBITDA (30.7m): -1.58 < 3 |
| Current Ratio: 2.78 > 1.5 & < 3 |
| Outstanding Shares: last quarter (120.6m) vs 12m ago 7.73% < -2% |
| Gross Margin: 25.34% > 18% (prev 0.19%; Δ 2515 % > 0.5%) |
| Asset Turnover: 68.47% > 50% (prev 69.23%; Δ -0.76% > 0%) |
| Interest Coverage Ratio: 4.71 > 6 (EBITDA TTM 30.7m / Interest Expense TTM 2.92m) |
Altman Z'' 3.34
| A: 0.24 (Total Current Assets 156.6m - Total Current Liabilities 56.4m) / Total Assets 418.4m |
| B: -0.27 (Retained Earnings -115.0m / Total Assets 418.4m) |
| C: 0.03 (EBIT TTM 13.8m / Avg Total Assets 418.1m) |
| D: 2.33 (Book Value of Equity 263.5m / Total Liabilities 113.0m) |
| Altman-Z'' Score: 3.34 = A |
Beneish M -3.35
| DSRI: 0.95 (Receivables 31.9m/34.1m, Revenue 286.3m/289.3m) |
| GMI: 0.76 (GM 25.34% / 19.31%) |
| AQI: 1.00 (AQ_t 0.19 / AQ_t-1 0.19) |
| SGI: 0.99 (Revenue 286.3m / 289.3m) |
| TATA: -0.05 (NI 21.4m - CFO 41.9m) / TA 418.4m) |
| Beneish M-Score: -3.35 (Cap -4..+1) = AA |
What is the price of VFF shares?
Over the past week, the price has changed by -1.82%, over one month by -7.69%, over three months by +9.09% and over the past year by +315.38%.
Is VFF a buy, sell or hold?
- StrongBuy: 3
- Buy: 0
- Hold: 0
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the VFF price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 4.9 | 51.9% |
| Analysts Target Price | 4.9 | 51.9% |
| ValueRay Target Price | 2.9 | -10.8% |
VFF Fundamental Data Overview February 03, 2026
P/E Forward = 11.9048
P/S = 1.083
P/B = 1.3219
Revenue TTM = 286.3m USD
EBIT TTM = 13.8m USD
EBITDA TTM = 30.7m USD
Long Term Debt = 29.8m USD (from longTermDebt, last quarter)
Short Term Debt = 5.97m USD (from shortTermDebt, last quarter)
Debt = 39.2m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -48.4m USD (from netDebt column, last quarter)
Enterprise Value = 332.8m USD (381.2m + Debt 39.2m - CCE 87.6m)
Interest Coverage Ratio = 4.71 (Ebit TTM 13.8m / Interest Expense TTM 2.92m)
EV/FCF = 10.20x (Enterprise Value 332.8m / FCF TTM 32.6m)
FCF Yield = 9.81% (FCF TTM 32.6m / Enterprise Value 332.8m)
FCF Margin = 11.40% (FCF TTM 32.6m / Revenue TTM 286.3m)
Net Margin = 7.47% (Net Income TTM 21.4m / Revenue TTM 286.3m)
Gross Margin = 25.34% ((Revenue TTM 286.3m - Cost of Revenue TTM 213.7m) / Revenue TTM)
Gross Margin QoQ = 47.85% (prev 37.30%)
Tobins Q-Ratio = 0.80 (Enterprise Value 332.8m / Total Assets 418.4m)
Interest Expense / Debt = 1.65% (Interest Expense 646.0k / Debt 39.2m)
Taxrate = 30.37% (4.72m / 15.5m)
NOPAT = 9.60m (EBIT 13.8m * (1 - 30.37%))
Current Ratio = 2.78 (Total Current Assets 156.6m / Total Current Liabilities 56.4m)
Debt / Equity = 0.13 (Debt 39.2m / totalStockholderEquity, last quarter 295.4m)
Debt / EBITDA = -1.58 (Net Debt -48.4m / EBITDA 30.7m)
Debt / FCF = -1.48 (Net Debt -48.4m / FCF TTM 32.6m)
Total Stockholder Equity = 270.5m (last 4 quarters mean from totalStockholderEquity)
RoA = 5.11% (Net Income 21.4m / Total Assets 418.4m)
RoE = 7.90% (Net Income TTM 21.4m / Total Stockholder Equity 270.5m)
RoCE = 4.59% (EBIT 13.8m / Capital Employed (Equity 270.5m + L.T.Debt 29.8m))
RoIC = 3.15% (NOPAT 9.60m / Invested Capital 304.7m)
WACC = 9.41% (E(381.2m)/V(420.4m) * Re(10.26%) + D(39.2m)/V(420.4m) * Rd(1.65%) * (1-Tc(0.30)))
Discount Rate = 10.26% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 4.57%
[DCF Debug] Terminal Value 64.11% ; FCFF base≈19.9m ; Y1≈13.1m ; Y5≈5.96m
Fair Price DCF = 1.23 (EV 93.6m - Net Debt -48.4m = Equity 142.0m / Shares 115.5m; r=9.41% [WACC]; 5y FCF grow -40.0% → 2.90% )
EPS Correlation: 56.11 | EPS CAGR: 3.72% | SUE: -0.25 | # QB: 0
Revenue Correlation: -14.30 | Revenue CAGR: -2.29% | SUE: 0.68 | # QB: 0
EPS next Year (2026-12-31): EPS=0.21 | Chg30d=N/A | Revisions Net=-1 | Growth EPS=+61.5% | Growth Revenue=+7.5%