VMC Stock Overview
Designs, builds, and distributes a suite of transit buses for public and commercial use under the Vicinity brand in the United States and Canada. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 1/6 |
| Dividends | 0/6 |
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Vicinity Motor Corp. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$0.07 |
| 52 Week High | CA$1.27 |
| 52 Week Low | CA$0.055 |
| Beta | 0.31 |
| 1 Month Change | 0% |
| 3 Month Change | 7.69% |
| 1 Year Change | -93.97% |
| 3 Year Change | -98.18% |
| 5 Year Change | -95.29% |
| Change since IPO | -95.76% |
Recent News & Updates
Recent updates
Many Still Looking Away From Vicinity Motor Corp. (CVE:VMC)
Jul 16
Why We're Not Concerned About Vicinity Motor Corp.'s (CVE:VMC) Share Price
Apr 02Is Vicinity Motor (CVE:VMC) Using Too Much Debt?
Jul 21Is Vicinity Motor (CVE:VMC) Using Debt In A Risky Way?
May 24Is Vicinity Motor (CVE:VMC) A Risky Investment?
Aug 10Vicinity Motor (CVE:VMC) Is Carrying A Fair Bit Of Debt
Apr 14The Grande West Transportation Group (CVE:BUS) Share Price Is Up 818% And Shareholders Are Delighted
Jan 27Shareholder Returns
| VMC | CA Machinery | CA Market | |
|---|---|---|---|
| 7D | 0% | 3.4% | -0.1% |
| 1Y | -94.0% | -12.1% | 16.7% |
Return vs Industry: VMC underperformed the Canadian Machinery industry which returned -20.2% over the past year.
Return vs Market: VMC underperformed the Canadian Market which returned 17.2% over the past year.
Price Volatility
| VMC volatility | |
|---|---|
| VMC Average Weekly Movement | n/a |
| Machinery Industry Average Movement | 10.0% |
| Market Average Movement | 8.5% |
| 10% most volatile stocks in CA Market | 18.3% |
| 10% least volatile stocks in CA Market | 3.0% |
Stable Share Price: VMC's share price has been volatile over the past 3 months compared to the Canadian market.
Volatility Over Time: Insufficient data to determine VMC's volatility change over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2008 | 57 | William Trainer | vicinitymotorcorp.com |
Vicinity Motor Corp. designs, builds, and distributes a suite of transit buses for public and commercial use under the Vicinity brand in the United States and Canada. It offers electric, CNG, and clean diesel buses, as well as electric trucks and spare parts. The company was formerly known as Grande West Transportation Group Inc. and changed its name to Vicinity Motor Corp. in March 2021.
Vicinity Motor Corp. Fundamentals Summary
| VMC fundamental statistics | |
|---|---|
| Market cap | CA$3.53m |
| Earnings (TTM) | -CA$25.92m |
| Revenue (TTM) | CA$42.87m |
0.1x
P/S Ratio-0.1x
P/E RatioIs VMC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| VMC income statement (TTM) | |
|---|---|
| Revenue | US$29.64m |
| Cost of Revenue | US$26.09m |
| Gross Profit | US$3.55m |
| Other Expenses | US$21.46m |
| Earnings | -US$17.92m |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.35 |
| Gross Margin | 11.97% |
| Net Profit Margin | -60.46% |
| Debt/Equity Ratio | 202.9% |
How did VMC perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/18 11:00 |
| End of Day Share Price | 2024/10/21 00:00 |
| Earnings | 2024/03/31 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Vicinity Motor Corp. is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Charles Fratt | Alliance Global Partners |
| Ahmad Shaath | Beacon Securities Limited |
| Amr Ezzat | Echelon Wealth Partners Inc. |