Village Farms International, Inc. (VFF) Financial Ratios
22 years of historical data (2004–2025) · Consumer Defensive · Agricultural Farm Products
EV/EBITDA
↓
4.02
↓-94% vs avg
5yr avg: 72.52
30Y Low3.1·High42.1
P/FCF
↓
6.93
↓-98% vs avg
5yr avg: 408.23
30Y Low1.9·High150.2
P/B Ratio
↑
0.74
+3% vs avg
5yr avg: 0.72
30Y Low0.3·High3.0
ROE
↑
11.3%
↓+235% vs avg
5yr avg: -8.4%
30Y Low-45%·High26%
Debt/EBITDA
↓
0.88
↓-90% vs avg
5yr avg: 8.73
30Y Low0.9·High16.6
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
VFF Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Village Farms International, Inc. trades at 7.1x earnings, 48% below its 5-year average of 13.5x, sitting at the 29th percentile of its historical range. Compared to the Consumer Defensive sector median P/E of 18.8x, the stock trades at a discount of 62%. On a free-cash-flow basis, the stock trades at 6.9x P/FCF, 98% below the 5-year average of 408.2x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $218M | $440M | $86M | $83M | $119M | $527M | $624M | $319M | $144M | $238M | $38M |
| Enterprise Value | $176M | $398M | $109M | $120M | $164M | $540M | $677M | $349M | $170M | $270M | $78M |
| P/E Ratio → | 7.07 | 13.52 | — | — | — | — | 53.37 | — | — | — | — |
| P/S Ratio | 1.01 | 2.04 | 0.26 | 0.29 | 0.41 | 1.97 | 3.67 | 2.21 | 0.96 | 1.50 | 0.24 |
| P/B Ratio | 0.74 | 1.42 | 0.33 | 0.26 | 0.37 | 1.24 | 3.04 | 2.52 | 1.43 | 2.94 | 0.56 |
| P/FCF | 6.93 | 13.97 | 802.49 | — | — | — | 287.73 | — | — | 150.21 | 5.81 |
| P/OCF | 4.39 | 8.85 | 8.30 | 15.57 | — | — | 109.81 | — | — | 72.61 | 4.34 |
P/E links to full P/E history page with 30-year chart
VFF EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Village Farms International, Inc.'s enterprise value stands at 4.0x EBITDA, 94% below its 5-year average of 72.5x. The Consumer Defensive sector median is 11.0x, placing the stock at a 63% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.84 | 0.32 | 0.42 | 0.56 | 2.01 | 3.98 | 2.41 | 1.13 | 1.70 | 0.50 |
| EV / EBITDA | 4.02 | 9.08 | — | — | — | 135.96 | — | — | 486.64 | 42.10 | 10.12 |
| EV / EBIT | 6.42 | 11.67 | — | — | — | — | 68.61 | — | — | — | — |
| EV / FCF | — | 12.62 | 1016.12 | — | — | — | 312.46 | — | — | 170.09 | 11.98 |
VFF Profitability
Margins and return-on-capital ratios measuring operating efficiency
Village Farms International, Inc. earns an operating margin of 12.7%, above the Consumer Defensive sector average of 3.5%. Operating margins have expanded from -5.6% to 12.7% over the past 3 years, signaling improving operational efficiency. ROE of 11.3% is modest. ROIC of 7.4% represents adequate returns on invested capital versus a sector median of 5.7%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 40.6% | 40.6% | 14.1% | 17.3% | 9.4% | 16.9% | 6.4% | -5.1% | 5.9% | 9.0% | 8.5% |
| Operating Margin | 12.7% | 12.7% | -7.0% | -5.6% | -15.2% | -3.3% | -8.4% | -19.9% | -4.5% | -0.7% | -0.3% |
| Net Profit Margin | 15.0% | 15.0% | -10.7% | -12.2% | -34.5% | -3.4% | 6.8% | 1.6% | -3.4% | 2.4% | -1.3% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 11.3% | 11.3% | -12.3% | -10.9% | -27.2% | -2.9% | 7.0% | 2.0% | -5.7% | 5.1% | -3.0% |
| ROA | 8.0% | 8.0% | -8.4% | -7.5% | -19.6% | -2.0% | 4.3% | 1.4% | -3.4% | 2.8% | -1.5% |
| ROIC | 7.4% | 7.4% | -5.5% | -3.3% | -8.4% | -1.9% | -5.2% | -15.3% | -4.2% | -0.8% | -0.3% |
| ROCE | 7.9% | 7.9% | -6.6% | -4.1% | -10.0% | -2.2% | -6.4% | -19.4% | -5.2% | -1.0% | -0.4% |
VFF Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Village Farms International, Inc. carries a Debt/EBITDA ratio of 0.9x, which is very conservative (75% below the sector average of 3.5x). The company holds a net cash position — cash of $81M exceeds total debt of $39M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns. Interest coverage of 12.6x signals virtually no risk of debt distress — earnings comfortably cover interest obligations.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.12 | 0.12 | 0.18 | 0.21 | 0.19 | 0.16 | 0.37 | 0.33 | 0.38 | 0.48 | 0.67 |
| Debt / EBITDA | 0.88 | 0.88 | — | — | — | 16.58 | — | — | 108.99 | 6.03 | 5.91 |
| Net Debt / Equity | — | -0.14 | 0.09 | 0.12 | 0.14 | 0.03 | 0.26 | 0.24 | 0.26 | 0.39 | 0.59 |
| Net Debt / EBITDA | -0.97 | -0.97 | — | — | — | 3.13 | — | — | 74.84 | 4.92 | 5.21 |
| Debt / FCF | — | -1.35 | 213.64 | — | — | — | 24.73 | — | — | 19.87 | 6.17 |
| Interest Coverage | 12.60 | 12.60 | -10.09 | -5.07 | -28.00 | -3.35 | 4.80 | -5.63 | -2.45 | -0.87 | -0.20 |
Net cash position: cash ($81M) exceeds total debt ($39M)
VFF Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Village Farms International, Inc.'s current ratio of 2.64x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The quick ratio of 1.93x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has improved from 2.10x to 2.64x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.64 | 2.64 | 1.86 | 2.10 | 1.84 | 2.72 | 1.41 | 2.48 | 2.63 | 2.20 | 1.90 |
| Quick Ratio | 1.93 | 1.93 | 1.01 | 1.02 | 0.86 | 1.65 | 0.76 | 1.76 | 1.68 | 1.31 | 1.08 |
| Cash Ratio | 1.39 | 1.39 | 0.40 | 0.42 | 0.23 | 0.83 | 0.30 | 0.54 | 0.51 | 0.36 | 0.27 |
| Asset Turnover | — | 0.51 | 0.86 | 0.61 | 0.63 | 0.47 | 0.48 | 0.79 | 0.94 | 1.11 | 1.15 |
| Inventory Turnover | 3.09 | 3.09 | 5.43 | 3.01 | 3.77 | 3.24 | 3.41 | 9.54 | 6.28 | 8.33 | 8.83 |
| Days Sales Outstanding | — | 39.68 | 36.91 | 39.43 | 43.23 | 50.94 | 50.18 | 64.31 | 54.74 | 30.51 | 25.11 |
VFF Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Village Farms International, Inc. returns 1.4% to shareholders annually primarily through share buybacks. The earnings yield of 14.1% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 14.1% | 7.4% | — | — | — | — | 1.9% | — | — | — | — |
| FCF Yield | 14.4% | 7.2% | 0.1% | — | — | — | 0.3% | — | — | 0.7% | 17.2% |
| Buyback Yield | 1.4% | 0.7% | 0.0% | 0.0% | 0.0% | 0.9% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 1.4% | 0.7% | 0.0% | 0.0% | 0.0% | 0.9% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Shares Outstanding | — | $121M | $111M | $109M | $89M | $82M | $61M | $51M | $44M | $39M | $39M |
Peer Comparison
Compare VFF with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 VFFYou | $218M | 7.1 | 4.0 | 6.9 | 40.6% | 12.7% | 11.3% | 7.4% | 0.9 |
 CGC | $372M | -1.6 | — | — | 24.5% | -56.8% | -61.9% | -18.2% | — |
 TLRY | $551M | -0.1 | — | — | 29.3% | -277.9% | -89.1% | -66.2% | — |
 CRON | $1B | -110.6 | — | 6679.1 | 32.5% | -1.5% | -0.8% | -0.7% | — |
 ACB | $181M | -1.9 | — | — | 5.2% | -50.8% | -21.8% | -25.8% | — |
 OGI | $136M | -9.8 | — | — | 3.7% | -34.1% | -5.4% | -17.8% | — |
 GRWG | $96M | -4.0 | — | — | 19.8% | -15.0% | -22.1% | -16.1% | — |
 IIPR | $2B | 15.2 | 10.3 | 9.7 | 88.7% | 46.7% | 6.0% | 4.3% | 2.0 |
 HYFM | $4M | -0.0 | — | — | 1.6% | -29.4% | -361.3% | -12.9% | — |
 AVO | $812M | 21.7 | 8.9 | 21.8 | 11.6% | 5.1% | 6.3% | 7.2% | 1.9 |
 BYFC | $92M | -3.1 | — | — | 51.9% | -38.8% | -9.0% | -3.7% | — |
| Consumer Defensive Median | — | 18.8 | 11.0 | 15.3 | 40.8% | 3.5% | 6.5% | 5.7% | 3.5 |
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Download Financial Ratios Data
Includes 30+ ratios · 22 years · Updated daily
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VFF — Frequently Asked Questions
Quick answers to the most common questions about buying VFF stock.
What is Village Farms International, Inc.'s P/E ratio?
Village Farms International, Inc.'s current P/E ratio is 7.1x. The historical average is 15.2x. This places it at the 29th percentile of its historical range.
What is Village Farms International, Inc.'s EV/EBITDA?
Village Farms International, Inc.'s current EV/EBITDA is 4.0x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 10.8x.
What is Village Farms International, Inc.'s ROE?
Village Farms International, Inc.'s return on equity (ROE) is 11.3%. The historical average is 2.8%.
Is VFF stock overvalued?
Based on historical data, Village Farms International, Inc. is trading at a P/E of 7.1x. This is at the 29th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What are Village Farms International, Inc.'s profit margins?
Village Farms International, Inc. has 40.6% gross margin and 12.7% operating margin. Operating margin between 10-20% is typical for established companies.
How much debt does Village Farms International, Inc. have?
Village Farms International, Inc.'s Debt/EBITDA ratio is 0.9x, indicating low leverage. A ratio below 2x is generally considered financially healthy.