Village Farms International Inc. Common Shares (VFF)

FairStock Score: 63/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I approach Village Farms as a possible turnaround, not a wonderful business at a fair price. FairStock classifies it as a TURNAROUND because it returned to profit after losses within the last three years. The company grows greenhouse produce and sells cannabis, both competitive fields where I see little durable moat. Revenue has grown: fiscal 2025 revenue was $215.9M versus $195.9M in fiscal 2024. Profit swung to $32.4M in fiscal 2025 from a $35.9M loss in fiscal 2024. But the latest quarter troubles me: in fiscal Q2 2026, the quarter ended 2026-06-30, revenue was $64.0M and net income $7.1M, or $0.06 diluted EPS. In fiscal Q2 2025, net income was $26.5M, or $0.24 diluted EPS, so profit fell sharply. Financial health is mixed: debt to equity is low at 0.14, Piotroski F-score is 7/9, but trailing free cash flow is -$2.4M and Altman Z-score is 1.97. Returns are modest, with ROE 7.53% and ROCE 5.57%. At the 2026-10-13 close of $2.64, FairStock shows P/E 14.67, P/B 1.02, EV/EBITDA 5.52, and a Graham Number of $3.22, an 18.01% margin of safety. That is not expensive, but neither is it the deep discount I demand for volatile earnings. I would need evidence that cash flow and profits are durable, not just a one-year bounce.

In plain English: Village Farms grows greenhouse tomatoes, peppers and cucumbers, and also sells cannabis. It has swung from losses to profits, but the latest quarter's profit was much smaller than a year earlier and it is not producing spare cash after running and investing in the business. At $2.64, the price looks fair to slightly cheap compared with its assets and earnings, though the business is uneven and not clearly strong.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer