Village Farms International, Inc. (VFF) AI Stock Analysis
VFF AI stock analysis summary
AI ResearchVillage Farms International, Inc. is an agricultural company operating across greenhouse produce, Canadian and U.S. cannabis, and energy generation. In FY2025, the company generated $215.9M in revenue and reported net income of $32.4M. As of June 30, 2026, the company held a net cash position of $26.7M alongside a current ratio of 3.17.
- Market cap
- $309.4M
- Revenue (TTM)
- $230.6M
- P/E
- 14.1x fwd 12.3x
- 1Y return
- -23.6% S&P 500 16.8%
- Avg. target
- $5.83 130.6% vs last close
Bull case
- FY2025 net income reached $32.4M with gross margins expanding significantly to 40.6%.
- The balance sheet maintains solid liquidity with $26.7M in net cash and a current ratio of 3.17 as of June 30, 2026.
- The company's EV to EBITDA multiple of 6.4x trades below the US-listed Consumer Defensive peer median of 11.7x.
Bear case
- Annual revenue fell 35.8% in FY2025 to $215.9M from $336.2M in FY2024.
- Quarterly earnings fell 74.6% year-over-year in the latest quarter ended June 30, 2026.
- Long-term share performance has been weak, with a 5-year return of -67.7% alongside a 51.8% expansion in share count over 5 years.
What Village Farms International does
Village Farms International, Inc. produces, markets, and distributes greenhouse-grown tomatoes, bell peppers, and cucumbers. The company operates through four segments: Produce, Cannabis-Canada, Cannabis-U.S., and Energy. In addition to produce farming, it owns and operates a power plant providing electricity and thermal heat to British Columbia Hydro and Power Authority. Leveraging its agricultural experience, Village Farms supplies cannabis products to licensed providers and provincial governments in Canada and internationally, while developing cannabinoid-based health and wellness items including ingestibles, edibles, and topicals.
Growth and profitability
Revenue moved from $268.0M in FY2021 to $293.6M in FY2022 and $336.2M in FY2024, before falling 35.8% to $215.9M in FY2025. Despite lower revenue in FY2025, gross margin expanded to 40.6% and operating margin reached 12.7%, enabling net income of $32.4M and EPS of $0.27 compared to net income of -$35.9M in FY2024. Over the five years from FY2020 to FY2025, revenue posted a CAGR of 4.9%. For the trailing twelve months ended June 30, 2026, revenue was $230.6M with an operating margin of 17.4%. In the latest quarter ended June 30, 2026, quarterly revenue grew 6.8% year-over-year, while quarterly earnings fell 74.6%.
Balance sheet and cash flow
As of June 30, 2026, Village Farms reported $72.9M in cash and short-term investments against total debt of $46.2M, resulting in net cash of $26.7M. Total assets stood at $428.5M and shareholders' equity was $312.2M, with a debt-to-equity ratio of 0.15 and a current ratio of 3.17. In FY2025, operating cash flow reached $49.7M, funding capital expenditures of $18.2M and delivering free cash flow of $31.5M. Cash usage also included $3.0M for share buybacks, while the 5-year share count increased 51.8%.
Valuation and performance
Village Farms trades at a trailing P/E of 14.1x and a forward P/E of 12.3x, compared to medians of 18.6x and 14.3x for its US-listed Consumer Defensive peers. Its enterprise value to EBITDA ratio is 6.4x, below the peer group median of 11.7x, while its price-to-sales multiple of 1.3x sits above the peer median of 0.7x. Over the past year, the stock fell 23.6%, trailing the S&P 500 (SPY) gain of 16.8%. Over a 5-year period, the stock declined 67.7% versus an 83.0% gain for SPY.
What analysts expect
Wall Street coverage consists of 3 Strong Buy ratings and 1 Buy rating, with no Hold, Sell, or Strong Sell recommendations. The mean price target is $5.83, implying an upside of 130.6% from the last close of $2.53 on October 16, 2026. For the fiscal year ending December 31, 2026, consensus estimates project EPS of $0.16 on revenue of $242.6M. Over the last 4 quarters, Village Farms beat EPS estimates 2 times. The next earnings date is scheduled for November 9, 2026.
Key risks and what to watch
- The company has demonstrated earnings volatility, shifting from net income of -$101.1M in FY2022 to net income of $32.4M in FY2025.
- Quarterly earnings dropped 74.6% year-over-year in the quarter ended June 30, 2026.
- Shareholder dilution has been substantial over time, as the 5-year share count grew by 51.8%.
AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this VFF AI stock analysis
This page is an AI-written research summary of Village Farms International, Inc. (VFF). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.
Related: VFF income statement, VFF balance sheet, VFF key metrics, VFF analyst forecast, VFF chart. See the VFF stock overview for the latest quote and news.
VFF AI stock analysis FAQ
Does Village Farms International pay a dividend?
Village Farms International does not currently pay a dividend.
What are analysts projecting for Village Farms in FY2026?
For the fiscal year ending December 31, 2026, consensus estimates expect revenue of $242.6M and an EPS of $0.16.
What is the cash and debt position of Village Farms?
As of June 30, 2026, the company held $72.9M in cash and short-term investments and $46.2M in total debt, leaving a net cash position of $26.7M.
What business segments does Village Farms operate?
Village Farms operates through four distinct segments: Produce, Cannabis-Canada, Cannabis-U.S., and Energy.