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Village Farms International (VFF) AI Stock Analysis
Village Farms International
(NASDAQ:VFF)
The score is driven primarily by improved financial performance (strong TTM profitability, low leverage) and a constructive earnings outlook (margin expansion and production ramp guidance). These positives are tempered by inconsistent free-cash-flow conversion and only neutral-to-soft technical signals (slightly negative MACD, price below short-term averages). Valuation is supportive but not a standout at a ~14x P/E and no dividend yield provided.
Village Farms International (VFF) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- $305.72M
- Dividend Yield
- ―
- Average Volume (3M)
- 853.18K
- Price to Earnings (P/E)
- 12.7
- Beta (1Y)
- 1.78
- Revenue Growth
- -23.88%
- EPS Growth
- 115.43%
- Country
- US
- Employees
- 1,128
- Sector
- Consumer Defensive
- Sector Strength
- 62
- Industry
- Agricultural Farm Products
Village Farms International Business Overview & Revenue Model
Company Description
Village Farms International, Inc. cultivates, markets, and distributes greenhouse-grown produce, including tomatoes, bell peppers, and cucumbers, across North America. The company operates through four primary divisions: Produce, Cannabis-Canada, Can...
How the Company Makes Money
VFF makes money primarily through (1) produce sales from its controlled-environment agriculture operations and (2) cannabis sales from its cannabis subsidiaries. 1) Greenhouse produce revenue: The company generates revenue by growing fresh produce in...
Village Farms International Earnings Call Summary
The call conveyed a predominantly positive operational and financial story: record cannabis revenues, strong export growth (74% YoY), significant gross margin expansion (up ~900 bps to 51%), and increasing adjusted EBITDA at the cannabis segment level. Key growth catalysts include Delta 2 expansion (incremental +15 mt in 2026, +25 mt in 2027, full +40 mt run rate by Q3 2027), a leading EU GMP-certified Delta campus, and early momentum in Netherlands recreational operations. Near-term headwinds include sizable tax and working capital cash outflows (reducing Q2 cash flow from $19.2M to $8.9M), higher SG&A %, a slight Netherlands Phase II delay, and maturation/price pressure in the Canadian market. Overall, the strengths and growth drivers presented materially outweigh the manageable near-term challenges.
Q2-2026 Updates
Positive Updates
Negative Updates
Company Guidance
The company guided toward material near‑term production and financial upside: Delta 2 is expected to deliver an incremental 15 metric tons in 2026, a further 25 tons in 2027 (for a full 40‑ton run‑rate starting Q3 2027 and full availability in fiscal 2028), bringing Delta annualized production to ~160 metric tons once complete; Groningen (Netherlands) should ramp to full capacity by end of Q1 (2027); management expects to enter new European jurisdictions in H2 2026, to generate stronger free cash flow and to grow the cash balance in H2 (cash was $73M at quarter end, net cash position ~$33M), with CapEx nearly complete after $15M spent in H1; balance‑sheet items include long‑term debt of ~$40M at a 5.6% blended rate and a CAD 8.3M draw on the Pure Sunfarms facility. Operational and margin targets were reiterated: cannabis gross margin was 51% in Q2 (up 900 bps YoY) with cannabis adjusted EBITDA margin of 29% (adjusted EBITDA $15.3M), and the long‑term gross/EBITDA margin objective remains in the 30–40% range.
Village Farms International Financial Statement Overview
Summary
Fundamentals show a clear turnaround with strong TTM profitability and margins plus low leverage (debt-to-equity ~0.12) and improved returns (TTM ROE ~14.3%). The main offset is cash-flow quality: while operating cash flow is positive, TTM free cash flow is slightly negative and cash conversion has been inconsistent after prior volatility in revenue and earnings.
Income Statement
74PositiveBalance Sheet
78PositiveCash Flow
55Neutral| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 230.57M | 215.94M | 336.18M | 285.60M | 293.57M | 268.02M |
| Gross Profit | 102.12M | 87.68M | 47.40M | 49.43M | 27.50M | 45.18M |
| EBITDA | 53.63M | 50.44M | -15.10M | -6.93M | -77.77M | 3.20M |
| Net Income | 22.71M | 32.44M | -35.85M | -34.80M | -101.15M | -9.08M |
Balance Sheet | ||||||
| Total Assets | 428.47M | 423.10M | 389.31M | 466.99M | 465.29M | 566.91M |
| Cash, Cash Equivalents and Short-Term Investments | 72.93M | 81.19M | 24.63M | 30.29M | 16.68M | 53.42M |
| Total Debt | 46.19M | 33.82M | 47.49M | 67.62M | 61.10M | 65.85M |
| Total Liabilities | 116.27M | 113.03M | 125.35M | 148.05M | 145.29M | 142.07M |
| Stockholders Equity | 312.20M | 299.90M | 254.00M | 302.63M | 303.06M | 408.40M |
Cash Flow | ||||||
| Free Cash Flow | -2.12M | 31.50M | 107.00K | -1.20M | -34.18M | -61.22M |
| Operating Cash Flow | 26.21M | 49.72M | 10.35M | 5.32M | -19.89M | -39.57M |
| Investing Cash Flow | -29.35M | 20.10M | -10.24M | -6.23M | -20.90M | -63.47M |
| Financing Cash Flow | 11.32M | -10.35M | -9.53M | 14.14M | 4.50M | 135.88M |
Village Farms International Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For VFF, the sentiment is Negative. The current price of 2.50 is below the 20-day moving average (MA) of 2.63, below the 50-day MA of 2.80, and below the 200-day MA of 2.69, indicating a bearish trend. The MACD of -0.06 indicates Positive momentum. The RSI at 38.63 is Neutral, neither overbought nor oversold. The STOCH value of 25.19 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for VFF.
Village Farms International Risk Analysis
Village Farms International disclosed 64 risk factors in its most recent earnings report. Village Farms International reported the most risks in the "Legal & Regulatory" category.
Latest Risks Added
0 New RisksVillage Farms International Peers Comparison
Overall Rating
- VFF67Neutral
LND52Neutral
ALCO49Neutral
LMNR46Neutral
LOCL42Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| VFF | 67Neutral | $305.72M | 12.70 | 7.56% | ― | -23.88% | 115.43% |
| Sector * | 62Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% |
| LND | 52Neutral | $315.37M | -19.13 | -4.37% | 1.81% | 10.11% | -167.71% |
| ALCO | 49Neutral | $277.45M | 178.09 | 1.50% | 0.53% | -61.38% | ― |
| LMNR | 46Neutral | $193.65M | -4.47 | -27.40% | 2.81% | -19.91% | -342.57% |
| LOCL | 42Neutral | $21.77M | -0.34 | 38.71% | ― | 17.77% | 80.48% |
* Consumer Defensive Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| VFF | Village Farms International (Otc) | 2.50 | -0.67 | -21.14% | |
| ALCO | Alico Inc | 37.40 | 4.10 | 12.32% | |
| LMNR | Limoneira | 10.68 | -3.15 | -22.75% | |
| AFRI | Forafric Global Plc | 12.51 | 3.11 | 33.09% | |
| LND | Brasilagro Cia Brasileira De Propriedades Agricolas ADR | 3.18 | -0.48 | -13.07% | |
| LOCL | Local Bounti Corporation | 0.93 | -1.67 | -64.19% |
Village Farms International Corporate Events
Village Farms appoints EVP to drive M&A growth
PositiveOn October 19, 2026, Village Farms International, Inc. entered into an employment agreement, effective October 16, 2026, appointing Stephen C. Ruffini as Executive Vice President, Mergers & Acquisitions with an annual base salary of US$400,000 an...
Village Farms Schedules Q3 2026 Results and Call
NeutralOn October 22, 2026, Village Farms International announced it would release its third quarter 2026 financial results on November 9, 2026, underscoring the company’s commitment to regular transparency with investors and analysts. The announcemen...
Village Farms Names Interim CFO Amid Leadership Transition
PositiveOn September 10, 2026, Village Farms International appointed Hamid Shekarchi as Interim Chief Financial Officer, promoting him from CFO of the company’s Canadian cannabis business following a planned succession process. He replaces long-time fi...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Oct 23, 2026