VFF Chart
About

Village Farms International, Inc., together with its subsidiaries, produces, markets, and distributes greenhouse grown tomatoes, bell peppers, cucumbers, and mini-cukes in North America. It operates in five segments: Produce, Cannabis-Canada, Cannabis-U.S., Energy, and Leli. It produces and supplies cannabis products to other licensed providers and provincial governments in Canada and internationally; develops and sells cannabinoid-based health and wellness products, including ingestible, edibles, and topical applications; and produces power. The company also markets and distributes its products under the Village Farms brand name to retail supermarkets and fresh food distribution companies, as well as tomatoes, peppers and cucumbers produced under exclusive and non-exclusive arrangements from greenhouse supply partners. In addition, it produces and supplies cannabis products to designated coffee shops. The company was formerly known as Village Farms Canada Inc. and changed its name to Village Farms International, Inc. in December 2009. Village Farms International, Inc. was founded in 1989 and is headquartered in Lake Mary, Florida.

Fundamentals
Scroll to Statements
Sector Consumer Defensive Industry Farm Products Market Cap 397.38M
Enterprise Value 364.00M Income 5.61M Sales 351.98M
Book/sh 2.57 Cash/sh 0.71 Dividend Yield —
Payout 0.00% Employees 1400 IPO —
P/E 68.80 Forward P/E 16.38 PEG —
P/S 1.13 P/B 1.34 P/C —
EV/EBITDA 14.54 EV/Sales 1.03 Quick Ratio 2.03
Current Ratio 2.78 Debt/Eq 12.83 LT Debt/Eq —
EPS (ttm) 0.05 EPS next Y 0.21 EPS Growth —
Revenue Growth 21.50% Earnings 2026-03-12 ROA 0.98%
ROE 1.77% ROIC — Gross Margin 21.98%
Oper. Margin 24.48% Profit Margin 6.07% Shs Outstand 115.52M
Shs Float 103.36M Short Float 4.56% Short Ratio 4.23
Short Interest — 52W High 4.99 52W Low 0.45
Beta 1.26 Avg Volume 1.93M Volume 1.34M
Target Price $4.92 Recom Strong_buy Prev Close $3.45
Price $3.44 Change -0.29%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$4.92
Mean price target
2. Current target
$3.44
Latest analyst target
3. DCF / Fair value
$6.06
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$3.44
Low
$4.50
High
$5.25
Mean
$4.92

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-06-09 reit Zelman & Assoc Overweight → Overweight —
2025-04-30 reit Zuanic & Associates Overweight → Overweight —
2024-08-21 reit Zuanic & Associates — → Overweight —
2024-03-14 main Craig-Hallum Buy → Buy $1
2023-12-18 init Zuanic & Associates — → Overweight —
2023-11-09 up Craig-Hallum Hold → Buy —
2023-08-23 reit Roth MKM Buy → Buy $2
2023-03-10 main Cantor Fitzgerald — → Overweight $4
2023-02-27 down Raymond James Outperform → Market Perform $3
2023-02-02 main Alliance Global Partners — → Buy $3
2022-11-10 main Cantor Fitzgerald — → Overweight $7
2022-08-11 main Alliance Global Partners — → Buy $6
2022-08-10 main Cantor Fitzgerald — → Overweight $7
2022-05-11 down Raymond James Strong Buy → Outperform $14
2022-05-11 main Cantor Fitzgerald — → Overweight $7
2022-03-07 main Cantor Fitzgerald — → Overweight $9
2022-03-04 down Stifel Buy → Hold —
2021-11-09 up Cantor Fitzgerald Neutral → Overweight $13
2021-09-13 init BMO Capital — → Outperform $16
2021-06-07 main Cantor Fitzgerald — → Neutral $12
Insider Transactions
Date Shares Url Text Insider Position Transaction Start Date Ownership Value
0 65790 — — MAHONEY KATHLEEN M Director — 2025-12-23 00:00:00 D nan
1 65790 — — MCLERNON JOHN R. Director — 2025-12-23 00:00:00 D nan
2 65790 — — HOLEWINSKI DAVID L. Director — 2025-12-23 00:00:00 D nan
3 65790 — — HENRY JOHN PATRICK Director — 2025-12-23 00:00:00 D nan
4 65790 — — WOODWARD CHRISTOPHER CHARLES Director — 2025-12-23 00:00:00 I nan
5 65790 — — HAUGER CAROLYN Director — 2025-12-23 00:00:00 D nan
6 318574 — Sale at price 4.01 - 4.05 per share. DEGIGLIO MICHAEL ANTHONY Chief Executive Officer — 2025-12-19 00:00:00 D 1285482.0
7 166666 — Conversion of Exercise of derivative security at price 1.08 - 1.09 per share. DEGIGLIO MICHAEL ANTHONY Chief Executive Officer — 2025-12-18 00:00:00 D 180999.0
8 61586 — Sale at price 3.30 per share. BOVENSCHEN ORVILLE Officer — 2025-12-08 00:00:00 D 203234.0
9 65200 — Sale at price 3.92 per share. BOVENSCHEN ORVILLE Officer — 2025-12-01 00:00:00 D 255584.0
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems-684.95K-2.82M-9.69M-132.80K
TaxRateForCalcs0.040.210.210.28
NormalizedEBITDA119.00K6.49M-31.62M3.68M
TotalUnusualItems-15.22M-13.42M-46.15M-476.00K
TotalUnusualItemsExcludingGoodwill-15.22M-13.42M-46.15M-476.00K
NetIncomeFromContinuingOperationNetMinorityInterest-35.85M-34.80M-101.15M-9.08M
ReconciledDepreciation18.84M15.93M13.05M12.71M
ReconciledCostOfRevenue288.78M236.18M266.07M222.84M
EBITDA-15.10M-6.93M-77.77M3.20M
EBIT-33.94M-22.86M-90.82M-9.51M
NetInterestIncome-2.45M-3.49M-3.04M-2.71M
InterestExpense3.37M4.51M3.24M2.83M
InterestIncome914.00K1.02M207.00K126.00K
NormalizedIncome-21.31M-24.20M-64.69M-8.74M
NetIncomeFromContinuingAndDiscontinuedOperation-35.85M-34.80M-101.15M-9.08M
TotalExpenses359.83M301.68M338.34M276.76M
DilutedAverageShares112.03M108.73M89.13M82.16M
BasicAverageShares112.03M108.73M89.13M82.16M
DilutedEPS-0.32-0.32-1.13-0.11
BasicEPS-0.32-0.32-1.13-0.11
DilutedNIAvailtoComStockholders-35.85M-34.80M-101.15M-9.08M
NetIncomeCommonStockholders-35.85M-34.80M-101.15M-9.08M
NetIncome-35.85M-34.80M-101.15M-9.08M
MinorityInterests-207.00K21.00K269.00K46.00K
NetIncomeIncludingNoncontrollingInterests-35.64M-34.82M-101.42M-9.12M
NetIncomeContinuousOperations-35.64M-34.82M-101.42M-9.12M
EarningsFromEquityInterestNetOfTax0.000.00-2.67M-308.00K
TaxProvision-1.66M7.45M4.68M-3.53M
PretaxIncome-37.30M-27.37M-94.07M-12.34M
OtherIncomeExpense-11.21M-7.80M-46.26M-896.00K
OtherNonOperatingIncomeExpenses4.01M5.62M-115.00K-420.00K
SpecialIncomeCharges-12.38M-14.02M-43.89M0.00
GainOnSaleOfPPE-259.00K
OtherSpecialCharges592.00K
WriteOff439.00K0.000.000.00
ImpairmentOfCapitalAssets11.94M14.02M43.30M0.00
RestructuringAndMergernAcquisition0.000.00
EarningsFromEquityInterest0.00
GainOnSaleOfSecurity-2.84M602.00K-2.25M-476.00K
NetNonOperatingInterestIncomeExpense-2.45M-3.49M-3.04M-2.71M
InterestExpenseNonOperating3.37M4.51M3.24M2.83M
InterestIncomeNonOperating914.00K1.02M207.00K126.00K
OperatingIncome-23.65M-16.07M-44.77M-8.74M
OperatingExpense71.05M65.50M72.27M53.92M
SellingGeneralAndAdministration71.05M65.50M72.27M53.92M
GeneralAndAdministrativeExpense71.05M65.50M72.27M53.92M
OtherGandA67.30M62.39M68.28M46.38M
SalariesAndWages3.75M3.11M3.99M7.53M
GrossProfit47.40M49.43M27.50M45.18M
CostOfRevenue288.78M236.18M266.07M222.84M
TotalRevenue336.18M285.60M293.57M268.02M
OperatingRevenue336.18M285.60M293.57M268.02M
Line Item2023-12-31
TreasurySharesNumber0.00
OrdinarySharesNumber112.34M110.25M91.79M88.23M
ShareIssued112.34M110.25M91.79M88.23M
NetDebt11.79M12.63M34.67M4.76M
TotalDebt55.63M65.50M70.75M77.27M
TangibleBookValue186.59M211.43M199.68M264.48M
InvestedCapital290.43M342.55M354.41M466.58M
WorkingCapital53.80M79.61M60.77M110.65M
NetTangibleAssets186.59M211.43M199.68M264.48M
CapitalLeaseObligations11.07M13.45M9.76M7.67M
CommonStockEquity254.00M299.62M303.06M408.40M
TotalCapitalization286.43M338.55M346.88M458.82M
TotalEquityGrossMinorityInterest263.96M315.94M319.99M424.84M
MinorityInterest9.95M16.32M16.93M16.43M
StockholdersEquity254.00M299.62M303.06M408.40M
GainsLossesNotAffectingRetainedEarnings-18.93M-3.54M-8.37M6.70M
OtherEquityAdjustments-18.93M-3.54M-8.37M6.70M
RetainedEarnings-145.02M-109.17M-74.37M26.78M
AdditionalPaidInCapital30.60M25.61M13.37M9.37M
CapitalStock387.35M386.72M372.43M365.56M
CommonStock387.35M386.72M372.43M365.56M
TotalLiabilitiesNetMinorityInterest125.35M148.05M145.29M142.07M
TotalNonCurrentLiabilitiesNetMinorityInterest63.13M75.89M73.08M77.76M
OtherNonCurrentLiabilities2.20M1.90M1.71M1.97M
NonCurrentDeferredLiabilities19.94M23.73M19.76M18.66M
NonCurrentDeferredTaxesLiabilities19.94M23.73M19.76M18.66M
LongTermDebtAndCapitalLeaseObligation40.99M50.26M51.61M57.13M
LongTermCapitalLeaseObligation8.57M11.34M7.79M6.71M
LongTermDebt32.42M38.92M43.82M50.42M
CurrentLiabilities62.22M72.16M72.22M64.31M
OtherCurrentLiabilities1.05M2.34M1.46M1.41M
CurrentDeferredLiabilities2.64M4.51M6.25M3.47M
CurrentDeferredRevenue2.64M4.51M6.25M3.47M
CurrentDebtAndCapitalLeaseObligation14.64M15.24M19.14M20.14M
CurrentCapitalLeaseObligation2.50M2.11M1.97M962.00K
CurrentDebt4.00M4.00M7.53M7.76M
LineOfCredit4.00M4.00M7.53M7.76M
CurrentNotesPayable0.00
PayablesAndAccruedExpenses43.89M50.06M45.36M39.29M
CurrentAccruedExpenses10.60M12.34M8.87M12.80M
Payables33.29M37.72M36.49M26.50M
TotalTaxPayable8.79M15.97M11.59M3.90M
IncomeTaxPayable51.00K28.00K0.000.00
AccountsPayable24.50M21.75M24.89M22.60M
TotalAssets389.31M463.99M465.29M566.91M
TotalNonCurrentAssets273.29M312.22M332.30M391.95M
OtherNonCurrentAssets2.18M1.96M5.78M2.58M
NonCurrentDeferredAssets1.00M1.20M4.20M16.77M
NonCurrentDeferredTaxesAssets1.00M1.20M4.20M16.77M
NonCurrentNoteReceivables0.003.26M
InvestmentsAndAdvances2.66M2.66M2.11M2.11M
OtherInvestments2.11M
GoodwillAndOtherIntangibleAssets67.42M88.19M103.38M143.93M
OtherIntangibleAssets25.11M32.27M37.16M26.39M
Goodwill42.31M55.92M66.22M117.53M
NetPPE200.03M218.21M216.83M223.31M
AccumulatedDepreciation-138.11M-132.23M-117.66M-106.33M
GrossPPE338.14M350.44M334.49M329.65M
Leases11.11M5.53M5.37M5.22M
ConstructionInProgress11.15M13.62M10.03M39.21M
OtherProperties9.77M12.60M9.13M7.61M
MachineryFurnitureEquipment85.55M86.67M82.40M79.07M
BuildingsAndImprovements206.79M217.38M214.15M184.44M
LandAndImprovements13.77M14.64M13.41M14.10M
CurrentAssets116.02M151.77M132.98M174.96M
RestrictedCash0.005.00M5.00M5.25M
PrepaidAssets4.26M7.15M5.96M10.21M
Inventory53.14M78.47M70.58M68.68M
OtherInventories16.64M23.13M21.80M25.35M
FinishedGoods23.07M39.24M36.69M34.65M
WorkInProcess7.05M10.61M10.87M5.06M
RawMaterials6.37M5.49M1.22M3.62M
Receivables33.99M30.86M34.77M37.41M
OtherReceivables327.00K294.00K309.00K616.00K
TaxesReceivable0.006.90M2.43M
AccountsReceivable33.66M30.56M27.56M34.36M
AllowanceForDoubtfulAccountsReceivable0.00-39.00K
GrossAccountsReceivable27.56M34.40M
CashCashEquivalentsAndShortTermInvestments24.63M30.29M16.68M53.42M
CashAndCashEquivalents24.63M30.29M16.68M53.42M
CashFinancial53.42M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow107.00K-1.20M-34.18M-61.22M
RepurchaseOfCapitalStock0.000.00-5.00M
RepaymentOfDebt-5.71M-9.28M-9.71M-24.97M
IssuanceOfDebt0.000.007.32M19.67M
IssuanceOfCapitalStock0.0024.77M6.90M135.00M
CapitalExpenditure-10.24M-6.52M-14.29M-21.66M
IncomeTaxPaidSupplementalData0.000.000.001.80M
EndCashPosition24.63M35.29M21.68M58.67M
BeginningCashPosition35.29M21.68M58.67M25.68M
EffectOfExchangeRateChanges-1.24M394.00K-699.00K142.00K
ChangesInCash-9.42M13.22M-36.29M32.85M
FinancingCashFlow-9.53M14.14M4.50M135.88M
CashFlowFromContinuingFinancingActivities-9.53M14.14M4.50M135.88M
NetOtherFinancingCharges-3.82M-1.44M-206.00K-7.51M
ProceedsFromStockOptionExercised0.0083.00K192.00K18.69M
NetCommonStockIssuance0.0024.77M6.90M130.00M
CommonStockPayments0.000.00-5.00M
CommonStockIssuance0.0024.77M6.90M135.00M
NetIssuancePaymentsOfDebt-5.71M-9.28M-2.39M-5.30M
NetLongTermDebtIssuance-5.71M-9.28M-2.39M-5.30M
LongTermDebtPayments-5.71M-9.28M-9.71M-24.97M
LongTermDebtIssuance0.000.007.32M19.67M
InvestingCashFlow-10.24M-6.23M-20.90M-63.47M
CashFlowFromContinuingInvestingActivities-10.24M-6.23M-20.90M-63.47M
NetOtherInvestingChanges835.00K-734.00K-20.00K
NetBusinessPurchaseAndSale0.00-548.00K-5.87M-41.79M
PurchaseOfBusiness0.000.00-5.87M-40.69M
NetIntangiblesPurchaseAndSale-158.00K0.000.000.00
PurchaseOfIntangibles-158.00K0.000.000.00
NetPPEPurchaseAndSale-10.08M-6.52M-14.29M-21.66M
PurchaseOfPPE-10.08M-6.52M-14.29M-21.66M
OperatingCashFlow10.35M5.32M-19.89M-39.57M
CashFlowFromContinuingOperatingActivities10.35M5.32M-19.89M-39.57M
InterestPaidCFO-4.20M-4.70M-3.42M-3.31M
ChangeInWorkingCapital438.00K-2.08M-4.86M-47.15M
ChangeInOtherWorkingCapital6.63M-9.29M-12.82M
ChangeInOtherCurrentLiabilities-2.48M-1.89M-2.40M0.00
ChangeInOtherCurrentAssets-4.00M6.64M-9.50M-12.82M
ChangeInPayablesAndAccruedExpense-2.25M2.12M14.50M-16.88M
ChangeInAccruedExpense-4.89M5.67M7.80M-23.20M
ChangeInPayable2.65M-3.55M6.70M6.33M
ChangeInAccountPayable2.65M-3.55M6.70M6.33M
ChangeInPrepaidAssets2.77M-1.15M3.81M-3.20M
ChangeInInventory10.38M-5.28M-14.58M-16.76M
ChangeInReceivables-3.99M-2.52M3.31M-10.31M
ChangesInAccountReceivables-3.98M-2.52M3.31M-9.91M
OtherNonCashItems5.78M6.75M5.26M2.02M
StockBasedCompensation3.75M3.11M3.99M7.53M
AssetImpairmentCharge22.90M14.02M54.93M0.00
DeferredTax-1.74M7.05M9.83M-2.87M
DeferredIncomeTax-1.74M7.05M9.83M-2.87M
DepreciationAmortizationDepletion18.84M15.93M13.05M12.71M
DepreciationAndAmortization18.84M15.93M13.05M12.71M
OperatingGainsLosses233.00K64.00K2.75M567.00K
EarningsLossesFromEquityInvestments0.000.002.67M308.00K
NetForeignCurrencyExchangeGainLoss233.00K64.00K83.00K0.00
NetIncomeFromContinuingOperations-35.64M-34.82M-101.42M-9.08M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for VFF
Date User Asset Broker Type Position Size Entry Price Patterns