Village Farms International, Inc.

VFF Consumer Defensive Farm Products

Village Farms International, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $215.9 million, up 10.2% from fiscal 2024.

Revenue
+6.81%
EPS
−75.0%
Free cash flow
−88.0%
Total debt
+15.1%

Quarter to June 2026, against a year earlier

2.79 0.14 −4.78%
Market cap
$341.2M
P/E
14.7×
Fwd P/E
13.4×
Dividend yield
—
F-score
8/9
Altman Z
2.64
Beneish M
−3.08
Dividend safety
n/a

Insider Decisions last twelve months

Bought, $m 0.21
Sold, $m 1.63
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — 1 — — 2 — —
Sell 2 — — 1 — — — — — — — —
Insider Ownership 5.83%

Capital & Financial Ratios $m

Size
Market Cap 341.18
Revenue ttm 230.57
Net income ttm 23.08
Free cash flow ttm (0.43)
Net debt Q (27.91)
Valuation
P/E 14.68
Forward P/E 13.40
Price / sales 1.41
Forward P/S Powerpack
Price / FCF 0.00
Price / book 1.04
Financial health
Current ratio Q 3.17 (at or above 1.5: strong)
Debt / equity Q 0.14 (at or below 0.5: strong)
Interest coverage Q 23.40
Growth
Revenue growth Q +6.81% (above 0%: growing)
Operating income growth Q +61.04% (above 0%: growing)
EPS, this year 0.00%
EPS, next year A +47.22% (at or above 15%: strong)
Revenue, next year A −19.75% (below 0%: weak)
EPS, past 5 yrs +7.28%
EPS, next 5 yrs A +29.03% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/E against its own 10 years 24.81%
10-year low 10-year high
P/S against its own 10 years 52.63%
10-year low 10-year high
P/B against its own 10 years 45.17%
10-year low 10-year high
EV/Sales against its own 10 years 49.70%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 35 25 86 73
Receivables 31 22 23 34
Inventory 78 41 42 47
Other — — — —
152 116 154 160
2023 2024 2025 Q'26
Payables 22 11 16 18
ST’ Debt 9 8 5 5
Other 2 1 2 3
72 62 59 51

Compound Annual Growth %

10y 5y 3y
Sales — 4.89% (9.73%)
Cash Flow — 59.23% 0.00%
Earnings — 22.82% 0.00%
Book Value — 7.88% (0.43%)

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 0.02 0.06 — — —
’25 (0.06) 0.24 0.08 0.01 0.27
’24 (0.03) (0.21) (0.01) (0.08) (0.32)
’23 (0.06) (0.01) (0.01) (0.20) (0.32)
’22 (0.07) (0.41) (0.10) (0.54) (1.13)
’21 (0.10) (0.06) 0.01 0.03 (0.11)
’20 0.08 0.00 0.01 0.11 0.19
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 50 64 — — —
’25 40 60 67 50 216
’24 78 54 55 9 196
’23 65 77 70 74 286
’22 70 83 71 69 294
’21 52 70 72 73 268
’20 32 48 43 47 170
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (17) 9 — — —
’25 (4) 26 24 11 58
’24 0 (4) 7 11 14
’23 (4) (2) 12 (1) 5
’22 (10) 1 (4) (7) (20)
’21 (14) (1) (6) (18) (40)
’20 (1) 3 2 2 6
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (26) 3 — — —
’25 (5) 22 23 0 39
’24 (2) (5) 4 9 6
’23 (5) (3) 10 (4) (1)
’22 (15) (4) (7) (8) (34)
’21 (19) (7) (10) (25) (61)
’20 (1) 2 1 (1) 2
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.3
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 115 158 150 145 170 268 294 286 196 216 231 +7.2% 173 208 236 +3.0%
Gross margin, % 9.36 8.99 6.21 (5.08) 6.44 16.86 9.37 17.31 23.38 40.61 44.29 +31.3 pt
EBT (2) 4 (10) (17) 8 (12) (94) (27) (30) 31 35 n/m
EBT margin, % (1.99) 2.50 (6.43) (11.98) 4.59 (4.61) (32.04) (9.58) (15.11) 14.52 15.13 +16.5 pt
Net income (1) 4 (8) 2 12 (9) (101) (35) (28) 21 23 n/m
Per share, $
Per share, $ Revenue 2.96 4.05 3.38 2.93 2.91 3.26 3.29 2.63 1.76 1.91 1.98 (4.8%)
Earnings (0.04) 0.10 (0.17) 0.05 0.20 (0.11) (1.13) (0.32) (0.32) 0.29 0.19 n/m
Cash flow 0.12 0.08 (0.11) (0.29) 0.10 (0.48) (0.22) 0.05 0.12 0.51 0.24 +17.5%
Capex 0.00 (0.04) (0.07) (0.05) (0.06) (0.26) (0.16) (0.06) (0.07) (0.16) (0.24) n/m
Free cash flow 0.12 0.04 (0.17) (0.34) 0.04 (0.75) (0.38) (0.01) 0.06 0.35 0.00 +12.6%
Book value 1.28 2.07 1.90 2.56 3.51 4.97 3.41 2.76 2.28 2.65 2.69 +8.4%
Shares, m 39 39 44 49 59 82 89 109 111 113 114 +12.6%
Valuation, ×
Valuation, × P/E 0.00 13,346.23 0.00 76.25 48.77 0.00 0.00 0.00 0.00 12.59 14.68 1,348.4
P/S 0.00 0.00 0.58 2.13 3.49 1.35 0.41 0.29 0.44 1.91 1.41 1.1
P/B 0.00 0.00 1.04 2.43 2.89 0.89 0.40 0.28 0.34 1.38 1.04 1.0
EV/Sales 0.00 0.00 0.74 2.27 3.73 1.39 0.52 0.37 0.54 1.69 1.28 1.1
EV/FCF 0.00 0.00 (21.05) (19.75) 280.97 (6.08) (4.45) (88.72) 16.78 9.27 (301.70) 16.7
Cash, $m
Cash, $m Operating cash flow 5 3 (5) (14) 6 (40) (20) 5 14 58 28 +32.3%
Capex (2) (2) (3) (2) (4) (22) (14) (7) (7) (19) (28) +31.1%
Free cash flow 5 2 (8) (17) 2 (61) (34) (1) 6 39 0 +26.8%
Balance, $m
Balance, $m Working capital 13 23 37 33 30 111 61 80 54 96 110 +24.8%
Net debt 30 31 24 20 41 10 32 24 20 (49) (28) n/m
Shareholders’ equity 50 81 84 126 205 408 304 300 254 300 312 +22.0%
Returns, %
Returns, % ROA (1.28) 3.04 (5.30) 1.43 4.32 (1.97) (19.60) (7.49) (8.40) 7.99 5.46 +9.3 pt
ROIC 0.00 (0.65) (3.60) (12.26) (3.62) (1.31) (8.34) (3.10) (3.64) 6.82 8.16 +6.8 pt
ROE (2.56) 5.84 (9.08) 2.20 7.00 (2.96) (28.40) (11.52) (12.94) 11.71 7.61 +14.3 pt
People
People Employees — — 1,000 1,000 900 1,800 1,800 1,400 1,400 1,128 — +1.7%
Revenue/emp, $m 0.00 0.00 0.15 0.14 0.19 0.15 0.16 0.20 0.14 0.19 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 25 Oct 2026

Village Farms International, Inc. vs peers in Farm Products (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
DOLE Dole PLC $1.3B 22.2× 10.9× +2.92% (above 0%: growing) +170.00% (above 0%: growing) −218.11% (below 0%: shrinking) 7.81% 1.90% Compare
AGRO Adecoagro S.A. $1.3B 27.7× 2.6× +38.98% (above 0%: growing) n/m −5.56% (below 0%: shrinking) 32.92% 17.32% Compare
DMC Del Monte Corporation $1.3B 16.0× 17.5× +7.18% (above 0%: growing) n/m −194.80% (below 0%: shrinking) 9.37% 2.66% Compare
VITL Vital Farms, Inc. $408.8M — (loss-making) — (loss-making) −8.43% (below 0%: shrinking) n/m −123.64% (below 0%: shrinking) 23.13% (4.22%) Compare
VFF Village Farms International, Inc. $341.2M 14.7× 13.4× +6.81% (above 0%: growing) −75.00% (below 0%: shrinking) −87.98% (below 0%: shrinking) 46.85% 17.45%
AFRI Forafric Global PLC $333.0M — (loss-making) — — n/m −1,812.63% (below 0%: shrinking) 9.61% 0.00% Compare
LND Brasilagro Cia Brasileira De Propriedades Agricolas $319.8M — (loss-making) 8.9× −54.25% (below 0%: shrinking) n/m +79.33% (above 0%: growing) 19.54% (7.79%) Compare
ALCO Alico, Inc. $276.1M 169× — (loss-making) +7.75% (above 0%: growing) n/m −78.92% (below 0%: shrinking) 44.76% 20.86% Compare
LMNR Limoneira Co $188.8M — (loss-making) — (loss-making) −7.73% (below 0%: shrinking) n/m +34.55% (above 0%: growing) 12.60% (6.76%) Compare
Median of peers $370.9M 25.0× 9.9× +2.92% — −101.28% 16.07% 0.95%

All 22 Farm Products stocks →

Pay and ownership Proxy statement filed 29 April 2026

Chief executive’s pay

Year Total pay Actually paid $100 invested
2025 3.78m 4.57m 272.00
2024 1.69m 1.66m 58.00
2023 1.24m 1.22m 57.00

Ownership

Directors and executive officers, together 13.20%
Michael A. DeGiglio (also a Director and NEO) c/o Village Farms, 8.80%
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Village Farms International, Inc. (VFF) Latest News

20 Oct

12 Aug

Impact 3 · · packaging-gateway.com

23 Apr

3 Apr

Impact 4 · · GuruFocus.com

30 Mar

stockrow.com/VFF · Data as of Oct 25, 2026 · For information only; not investment advice. · © 2026 stockrow.com