Village Farms International Inc (VFF) - Net Assets
Based on the latest financial reports, Village Farms International Inc (VFF) has net assets worth $303.79 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($400.88 Million) and total liabilities ($97.10 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check VFF intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $303.79 Million |
| % of Total Assets | 75.78% |
| Annual Growth Rate | 10.27% |
| 5-Year Change | -27.02% |
| 10-Year Change | 360.12% |
| Growth Volatility | 29.99 |
Village Farms International Inc - Net Assets Trend (2004–2025)
This chart illustrates how Village Farms International Inc's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Village Farms International Inc to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Village Farms International Inc (2004–2025)
The table below shows the annual net assets of Village Farms International Inc from 2004 to 2025. For live valuation and market cap data, see VFF company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $310.06 Million | +17.47% |
| 2024-12-31 | $263.96 Million | -17.24% |
| 2023-12-31 | $318.94 Million | -0.33% |
| 2022-12-31 | $319.99 Million | -24.68% |
| 2021-12-31 | $424.84 Million | +106.95% |
| 2020-12-31 | $205.28 Million | +62.33% |
| 2019-12-31 | $126.46 Million | +25.58% |
| 2018-12-31 | $100.70 Million | +24.25% |
| 2017-12-31 | $81.04 Million | +20.27% |
| 2016-12-31 | $67.39 Million | +7.08% |
| 2015-12-31 | $62.93 Million | +3.17% |
| 2014-12-31 | $61.00 Million | -0.16% |
| 2013-12-31 | $61.10 Million | +21.11% |
| 2012-12-31 | $50.45 Million | +19.35% |
| 2011-12-31 | $42.27 Million | +23.61% |
| 2010-12-31 | $34.20 Million | +19.74% |
| 2009-12-31 | $28.56 Million | +23.51% |
| 2008-12-31 | $23.12 Million | +6.95% |
| 2007-12-31 | $21.62 Million | -8.73% |
| 2006-12-31 | $23.69 Million | -46.93% |
| 2005-12-31 | $44.64 Million | +12.07% |
| 2004-12-31 | $39.84 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Village Farms International Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 8736120700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $392.38 Million | 130.84% |
| Other Comprehensive Income | $-9.28 Million | -3.09% |
| Other Components | $29.37 Million | 9.79% |
| Total Equity | $299.90 Million | 100.00% |
Village Farms International Inc Competitors by Market Cap
The table below lists competitors of Village Farms International Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Chung Hwa Food Industrial Co Ltd
TWO:4205
|
$224.28 Million |
|
Crexendo Inc
NASDAQ:CXDO
|
$224.31 Million |
|
Hong Pu Real Estate Development Co Ltd
TW:2536
|
$224.39 Million |
|
India Nippon Electricals Limited
NSE:INDNIPPON
|
$224.39 Million |
|
Insecticides (India) Limited
NSE:INSECTICID
|
$223.99 Million |
|
Peoples Bancorp of North Carolina
NASDAQ:PEBK
|
$223.97 Million |
|
SharonAI Holdings, Inc. Class A Common Stock
NASDAQ:SHAZ
|
$223.83 Million |
|
Asia Sermkij Leasing Public Company Limited
BK:ASK
|
$223.75 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Village Farms International Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 254,005,000 to 299,898,000, a change of 45,893,000 (18.1%).
- Net income of 32,441,000 contributed positively to equity growth.
- Share repurchases of 2,971,000 reduced equity.
- Other comprehensive income increased equity by 9,651,000.
- Other factors increased equity by 6,772,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $32.44 Million | +10.82% |
| Share Repurchases | $2.97 Million | -0.99% |
| Other Comprehensive Income | $9.65 Million | +3.22% |
| Other Changes | $6.77 Million | +2.26% |
| Total Change | $- | 18.07% |
Book Value vs Market Value Analysis
This analysis compares Village Farms International Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.79x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.45x to 0.79x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | $4.35 | $1.96 | x |
| 2005-12-31 | $1.40 | $1.96 | x |
| 2006-12-31 | $0.73 | $1.96 | x |
| 2007-12-31 | $0.47 | $1.96 | x |
| 2008-12-31 | $0.60 | $1.96 | x |
| 2009-12-31 | $0.74 | $1.96 | x |
| 2010-12-31 | $0.88 | $1.96 | x |
| 2011-12-31 | $1.09 | $1.96 | x |
| 2012-12-31 | $1.30 | $1.96 | x |
| 2013-12-31 | $1.57 | $1.96 | x |
| 2014-12-31 | $1.56 | $1.96 | x |
| 2015-12-31 | $1.62 | $1.96 | x |
| 2016-12-31 | $1.72 | $1.96 | x |
| 2017-12-31 | $2.07 | $1.96 | x |
| 2018-12-31 | $2.27 | $1.96 | x |
| 2019-12-31 | $2.47 | $1.96 | x |
| 2020-12-31 | $3.34 | $1.96 | x |
| 2021-12-31 | $4.97 | $1.96 | x |
| 2022-12-31 | $3.40 | $1.96 | x |
| 2023-12-31 | $2.78 | $1.96 | x |
| 2024-12-31 | $2.28 | $1.96 | x |
| 2025-12-31 | $2.49 | $1.96 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Village Farms International Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.82%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.02%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 1.41x
- Recent ROE (10.82%) is above the historical average (1.63%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | -58.37% | -41.34% | 0.49x | 2.86x | $-20.99 Million |
| 2005 | 12.85% | 8.58% | 0.58x | 2.57x | $1.02 Million |
| 2006 | 5.16% | 1.26% | 0.72x | 5.71x | $-970.98K |
| 2007 | 13.36% | 2.12% | 1.13x | 5.61x | $605.38K |
| 2008 | 19.64% | 3.41% | 1.34x | 4.29x | $2.23 Million |
| 2009 | 23.35% | 5.11% | 1.32x | 3.47x | $3.81 Million |
| 2010 | 16.37% | 3.87% | 1.43x | 2.97x | $2.18 Million |
| 2011 | 13.73% | 3.53% | 1.26x | 3.10x | $1.58 Million |
| 2012 | 15.66% | 5.90% | 1.03x | 2.58x | $2.86 Million |
| 2013 | 17.17% | 7.62% | 0.98x | 2.29x | $4.38 Million |
| 2014 | -0.18% | -0.08% | 0.98x | 2.28x | $-6.21 Million |
| 2015 | 3.33% | 1.48% | 1.09x | 2.07x | $-4.20 Million |
| 2016 | -2.94% | -1.28% | 1.15x | 2.00x | $-8.72 Million |
| 2017 | 4.72% | 2.41% | 1.11x | 1.76x | $-4.28 Million |
| 2018 | -5.11% | -3.43% | 0.94x | 1.59x | $-15.21 Million |
| 2019 | 1.84% | 1.61% | 0.79x | 1.45x | $-10.32 Million |
| 2020 | 5.65% | 6.82% | 0.48x | 1.72x | $-8.92 Million |
| 2021 | -2.22% | -3.39% | 0.47x | 1.39x | $-49.92 Million |
| 2022 | -33.37% | -34.45% | 0.63x | 1.54x | $-131.45 Million |
| 2023 | -11.50% | -12.18% | 0.61x | 1.54x | $-65.06 Million |
| 2024 | -14.11% | -10.66% | 0.86x | 1.53x | $-61.25 Million |
| 2025 | 10.82% | 15.02% | 0.51x | 1.41x | $2.45 Million |
Industry Comparison
This section compares Village Farms International Inc's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $1,269,697,250
- Average return on equity (ROE) among peers: 4.12%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Village Farms International Inc (VFF) | $303.79 Million | -58.37% | 0.32x | $224.01 Million |
| African Agriculture Holdings Inc. (AAGR) | $-3.75 Million | 0.00% | 0.00x | $4.55 |
| Archer-Daniels-Midland Company (ADM) | $3.03 Billion | 14.00% | 0.56x | $33.40 Billion |
| Forafric Global PLC Ordinary Shares (AFRI) | $47.65 Million | -16.75% | 5.29x | $267.94 Million |
| Adecoagro SA (AGRO) | $854.35 Million | -3.02% | 1.00x | $1.39 Billion |
| Agroz Inc. Ordinary Shares (AGRZ) | $13.73 Million | 25.57% | 2.72x | $7.07 Million |
| Alico Inc (ALCO) | $115.49 Million | 4.08% | 1.37x | $308.03 Million |
| AquaBounty Technologies Inc (AQB) | $213.80 Million | -10.44% | 0.07x | $4.99 Million |
| Bunge Limited (BG) | $7.36 Billion | 2.17% | 1.57x | $22.47 Billion |
| Cal-Maine Foods Inc (CALM) | $376.96 Million | 17.99% | 0.67x | $3.68 Billion |
| Dole PLC (DOLE) | $688.23 Million | 7.63% | 1.74x | $1.33 Billion |
About Village Farms International Inc
Village Farms International, Inc., together with its subsidiaries, produces, markets, and distributes greenhouse grown tomatoes, bell peppers, and cucumbers in North America. 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… Read more