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BTAFF - Village Farms Has An Extremely Low Valuation
British American Tobacco Plc
2024-03-10 03:06:47 ET
Summary
Village Farms stock has declined recently after a period of growth, now trading lower than when previously discussed.
In Q3, Village Farms reported slightly lower overall sales but higher-than-expected adjusted EBITDA.
Analysts expect flat revenue in Q4 but a significant increase in adjusted EBITDA for 2023 compared to 2022.
I last wrote about Village Farms ( VFF ) in August, after their Q2 report. The stock has declined recently after rising a lot. It is now a bit lower than when I wrote the piece, calling it still cheap ....