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VFF

Village Farms InternationalTSX:VFF Stock Report

Market Cap

CA$782.5m

7D

-7.1%

1Y

-41.5%

Updated

30 Nov, 2021

Data

Company Financials +
VFF fundamental analysis
Snowflake Score
Valuation3/6
Future Growth5/6
Past Performance0/6
Financial Health4/6
Dividends0/6

VFF Stock Overview

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

Price History & Performance

Summary of all time highs, changes and price drops for Village Farms International
Historical stock prices
Current Share PriceCA$8.66
52 Week HighCA$25.78
52 Week LowCA$8.58
Beta3.67
1 Month Change-7.77%
3 Month Change-28.96%
1 Year Change-41.49%
3 Year Change63.40%
5 Year Change566.15%
Change since IPO-19.06%

Recent News & Updates

Aug 16
Is Village Farms International (TSE:VFF) A Risky Investment?

Is Village Farms International (TSE:VFF) A Risky Investment?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

Shareholder Returns

VFFCA FoodCA Market
7D-7.1%-4.0%-1.3%
1Y-41.5%-12.4%23.7%

Return vs Industry: VFF underperformed the Canadian Food industry which returned -9.9% over the past year.

Return vs Market: VFF underperformed the Canadian Market which returned 21.9% over the past year.

Price Volatility

Is VFF's price volatile compared to industry and market?
VFF volatility
VFF Average Weekly Movement7.0%
Food Industry Average Movement8.9%
Market Average Movement9.4%
10% most volatile stocks in CA Market17.1%
10% least volatile stocks in CA Market3.5%

Stable Share Price: VFF is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: VFF's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1989900Mike DeGigliohttps://www.villagefarms.com

Village Farms International, Inc., together with its subsidiaries, produces, markets, and distributes greenhouse-grown tomatoes, bell peppers, and cucumbers in North America. It operates through three segments: Produce Business, Energy Business, and Cannabis and Hemp Business. The company also owns and operates a 7.0 megawatt power plant that generates and sells electricity to British Columbia Hydro and Power Authority; and produces and supplies cannabis products.

Village Farms International Fundamentals Summary

How do Village Farms International's earnings and revenue compare to its market cap?
VFF fundamental statistics
Market CapUS$611.73m
Earnings (TTM)-US$4.14m
Revenue (TTM)US$242.58m

2.5x

P/S Ratio

-144.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
VFF income statement (TTM)
RevenueUS$242.58m
Cost of RevenueUS$214.37m
Gross ProfitUS$28.21m
ExpensesUS$32.35m
Earnings-US$4.14m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.047
Gross Margin11.63%
Net Profit Margin-1.70%
Debt/Equity Ratio16.5%

How did VFF perform over the long term?

See historical performance and comparison

Valuation

Is Village Farms International undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: VFF (CA$8.66) is trading below our estimate of fair value (CA$219.72)

Significantly Below Fair Value: VFF is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: VFF is unprofitable, so we can't compare its PE Ratio to the Canadian Food industry average.

PE vs Market: VFF is unprofitable, so we can't compare its PE Ratio to the Canadian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate VFF's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: VFF is good value based on its PB Ratio (1.6x) compared to the CA Food industry average (3.2x).


Future Growth

How is Village Farms International forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?

105.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: VFF is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.6%).

Earnings vs Market: VFF is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: VFF's is expected to become profitable in the next 3 years.

Revenue vs Market: VFF's revenue (20.5% per year) is forecast to grow faster than the Canadian market (5.6% per year).

High Growth Revenue: VFF's revenue (20.5% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if VFF's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Village Farms International performed over the past 5 years?

4.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: VFF is currently unprofitable.

Growing Profit Margin: VFF is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: VFF is unprofitable, but has reduced losses over the past 5 years at a rate of 4.3% per year.

Accelerating Growth: Unable to compare VFF's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: VFF is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (8.4%).


Return on Equity

High ROE: VFF has a negative Return on Equity (-1.08%), as it is currently unprofitable.


Financial Health

How is Village Farms International's financial position?


Financial Position Analysis

Short Term Liabilities: VFF's short term assets ($183.3M) exceed its short term liabilities ($59.0M).

Long Term Liabilities: VFF's short term assets ($183.3M) exceed its long term liabilities ($80.7M).


Debt to Equity History and Analysis

Debt Level: VFF has more cash than its total debt.

Reducing Debt: VFF's debt to equity ratio has reduced from 80.7% to 16.5% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Insufficient data to determine if VFF has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if VFF has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Dividend

What is Village Farms International current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate VFF's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate VFF's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if VFF's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if VFF's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: VFF is not paying a notable dividend for the Canadian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of VFF's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

12.8yrs

Average management tenure


CEO

Mike DeGiglio (66 yo)

32.83yrs

Tenure

US$4,119,892

Compensation

Mr. Michael A. DeGiglio, also known as Mike, has been the President at Village Farms International, Inc. since October 18, 2006 and has been its Chief Executive Officer since its inception in 1989. Mr. DeG...


CEO Compensation Analysis

Compensation vs Market: Mike's total compensation ($USD4.12M) is above average for companies of similar size in the Canadian market ($USD1.15M).

Compensation vs Earnings: Mike's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: VFF's management team is seasoned and experienced (12.8 years average tenure).


Board Members

Experienced Board: VFF's board of directors are seasoned and experienced ( 15.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 33.4%.


Top Shareholders

Company Information

Village Farms International, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Village Farms International, Inc.
  • Ticker: VFF
  • Exchange: TSX
  • Founded: 1989
  • Industry: Agricultural Products
  • Sector: Food, Beverage & Tobacco
  • Market Cap: CA$782.478m
  • Shares outstanding: 88.12m
  • Website: https://www.villagefarms.com

Number of Employees


Location

  • Village Farms International, Inc.
  • 4700-80th Street
  • Delta
  • British Columbia
  • V4K 3N3
  • Canada

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/30 00:18
End of Day Share Price2021/11/29 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.