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Village Farms International, Inc.

Rank #329Op. LeverageWatchlistCompare with other stocks

VFF · Nasdaq · Consumer Defensive

Village Farms International, Inc. (VFF) — Rank #329 by gross profitability (GP/assets 0.20) · ROE 11.0% · Piotroski F-Score 8 / 9.

As-of 2026-10-30 · CIK 0001584549 · all metrics point-in-time as of the filing date.

About

Village Farms International, Inc., together with its subsidiaries, produces, markets, and distributes greenhouse grown tomatoes, bell peppers, and cucumbers in North America and Netherlands.

Show more

It operates in five segments: Cannabis-Canada, Cannabis-U.S., Cannabis – Netherlands, Produce, and Clean Energy. 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. In addition, it produces and supplies cannabis products to designated coffee shops. Village Farms International, Inc.

was founded in 1989 and is headquartered in Lake Mary, Florida.

Industry
Farm Products
Sector
Consumer Defensive
State
A6
Filer Category
Accelerated filerSmaller reporting company
Fiscal Year End
December 31

Company Snapshot

P/E and reverse DCF are the primary valuation lenses at this stage.

Market Cap

—

P/E (annual)

—

P/S (annual)

—

P/B

—

P/OCF (annual)

—

Shareholder Yield

—

Employees

1,128

Industry

Farm Products

Exchange

Nasdaq

10/11

Flags passed

VFF passes 10/11 quality flags

1 caution to review

  • CAUTION
    Dilution above 2%

    Annual share count increase exceeds 2%. May be acceptable for high-growth companies funding talent via stock compensation

  • PASS
    Gross margin holding
  • PASS
    FCF not negative from investment
  • PASS
    Disclosure consistent
  • PASS
    Revenue not declining
  • PASS
    Free cash flow intact
  • PASS
    Passes safety gate
  • PASS
    Balance sheet stable
  • PASS
    No competitive retreat
  • PASS
    SBC not compressing margin
  • PASS
    No valuation convergence

Strengths Sequential beat (rev + EPS)

No data Operating margin — not counted as a pass.

A count of the 12 warning flags that could be evaluated. Unweighted: colour follows the worst flag.

Quality Profile

Profitability

1/1 pass
GP / assets
0.20
Return on equity
11.0%
Gross margin trend
PASS

Safety

1/1 pass
Balance-sheet safety
PASS
Debt / equity
0.35
Current ratio
3.17×
Net cash
$32.97M

Cash Flow

3/3 pass
Positive FCF
PASS
Cash-backed earnings
PASS
Accruals healthy
PASS
SBC / revenue
0.8%

Growth

1/2 pass
Revenue growth
10.2%
Piotroski F-Score
8 / 9
Share dilution
6.4%

Operating margin expansion and free cash flow are the primary reads at this stage.

Profitability

Does it make money well?

No warning flags · GP/assets 0.20

Gross profitability (GP / assets)

0.20

Primary signal (Novy-Marx).

Return on equity

11.0%

Gross margin

40.6%

Revenue growth (YoY)

10.2%

Gross margin improving

Margin trend vs prior year.

PASS

Operating Leverage

2022202320242025
Revenue vs COGS
Revenue vs OpEx
Op. Income vs Revenue

Growth

Revenue CAGR (3Y)

-9.7%

Revenue CAGR (5Y)

4.9%

Earnings CAGR (3Y)

—

FCF CAGR (3Y)

—

Cash Flow Health

Is the cash real?

No warning flags · FCF 23% above net income

Free cash flow

$39.89M

Operating cash flow minus capex.

Positive free cash flow

PASS

FCF vs net income

23.0%

(FCF − net income) ÷ |net income|. Positive: cash above earnings. Negative: below.

FCF not below net income

Fails when free cash flow is below net income (yellow flag).

PASS

Accruals healthy

Cash-backed earnings.

PASS

SBC / revenue

0.8%

Stock-based comp intensity.

Balance Sheet Strength

Can it survive a storm?

Caution: Dilution above 2% · net cash $32.97M, F-Score 8/9

Balance-sheet safety

Composite anti-fragile check.

PASS

Debt / equity

0.35

Current ratio

3.17×

Quick ratio

2.08×

Net cash

$32.97M

Cash & equivalents minus total debt.

Piotroski F-Score

8 / 9

Fundamental-strength score (0-9).

Valuation

Is the price reasonable?

No warning flags

Capital allocation quality

Composite score

2.7 / 5

Fair
Share count trend
6.4%0/5 Weak
Buyback timing
N/AN/A
Dividend growth consistency(non-payer or broken streak)
0 yr3/5 Good
Net debt trajectory(deleveraging)
15.0%5/5 Strong

Lifecycle Phase History

20202025
Op. Leverage
Hypergrowth
Startup

Price History

VFF-67.3% · -20.0% CAGRSPY+82.9% · +12.8% CAGR

View full financial statements →

Source filings on SEC EDGAR: 10-K annual reports · 10-Q quarterly reports