Cal-Maine Foods, Inc. (CALM) vs Village Farms International, Inc. (VFF)

Cal-Maine Foods, Inc. and Village Farms International, Inc. are both Farm Products companies. Cal-Maine Foods, Inc. is the larger, with a market value of $3.1B against $341.2M — 9.0× the size. Village Farms International, Inc. trades at the lower P/E: 14.7× against 55.2×. Village Farms International, Inc. grew revenue faster over the last twelve months: 40.8% against −42.5%. Village Farms International, Inc. has the higher net margin (9.85% vs 2.32%) and the higher return on invested capital (8.16% vs 0.65%). Across the 21 metrics below, Village Farms International, Inc. leads on 14 and Cal-Maine Foods, Inc. on 7.

Valuation

Metric CALM VFF Farm Products median
P/E 55.18 14.68 22.24
P/S 1.21 1.41 0.51
P/B 1.19 1.04 1.17
Price to free cash flow n/m n/m 17.61
EV/EBITDA 15.64 5.50 8.81
EV/Sales 0.91 1.28 0.66
Earnings yield 1.81% 6.81% (5.11%)
Free cash flow yield (1.06%) (0.30%) (4.07%)

Profitability

Metric CALM VFF Farm Products median
Gross margin 14.28% 44.29% 7.38%
Operating margin 0.74% 16.09% 0.00%
Net margin 2.32% 9.85% 0.32%
Free cash flow margin (1.28%) (0.19%) 0.00%
Return on equity 2.22% 7.61% 2.22%
Return on assets 1.89% 5.46% 0.00%
Return on invested capital 0.65% 8.16% 0.00%

Growth

Metric CALM VFF Farm Products median
Revenue growth (TTM) (42.51%) 40.75% 2.15%
EPS growth (last fiscal year) (73.43%) 184.38% (40.89%)
Revenue growth, 5-year CAGR 16.63% 4.89% 6.29%
Net income growth, 5-year CAGR 173.75% 22.82% 0.00%

Health

Metric CALM VFF Farm Products median
Debt to equity 0.00 0.14 0.37
Current ratio 7.70 3.17 1.52
Net debt to EBITDA (1.95) (1.11) (0.02)

Dividend

Metric CALM VFF Farm Products median
Dividend yield 1.64% — 2.47%
Payout ratio 0.92 — 0.55

Size

Metric CALM VFF Farm Products median
Market cap 3.07b 341.18m 327.72m

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