| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 3/6 |
VCI Stock Overview
Vitreous Glass Inc. cleans, crushes, and sells waste glass to the fiberglass manufacturing industry in Canada.
Vitreous Glass Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$4.65 |
| 52 Week High | CA$6.50 |
| 52 Week Low | CA$4.40 |
| Beta | 0.74 |
| 1 Month Change | -5.68% |
| 3 Month Change | -7.00% |
| 1 Year Change | -2.92% |
| 3 Year Change | 18.02% |
| 5 Year Change | 29.53% |
| Change since IPO | 93.75% |
Recent News & Updates
Vitreous Glass Inc.'s (CVE:VCI) CEO Compensation Is Looking A Bit Stretched At The Moment
CEO Pat Cashion has done a decent job of delivering relatively good performance at Vitreous Glass Inc. ( CVE:VCI...
Shareholder Returns
| VCI | CA Basic Materials | CA Market | |
|---|---|---|---|
| 7D | 1.1% | -1.2% | -1.2% |
| 1Y | -2.9% | -27.6% | -4.5% |
Return vs Industry: VCI exceeded the Canadian Basic Materials industry which returned -26.4% over the past year.
Return vs Market: VCI exceeded the Canadian Market which returned -5% over the past year.
Price Volatility
| VCI volatility | |
|---|---|
| VCI Average Weekly Movement | 5.4% |
| Basic Materials Industry Average Movement | 6.1% |
| Market Average Movement | 10.1% |
| 10% most volatile stocks in CA Market | 17.5% |
| 10% least volatile stocks in CA Market | 4.4% |
Stable Share Price: VCI is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: VCI's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| n/a | n/a | Pat Cashion | https://www.vitreousglass.ca |
Vitreous Glass Inc. cleans, crushes, and sells waste glass to the fiberglass manufacturing industry in Canada. The company offers its products to fiberglass insulation manufacturers for use as furnace ready cullet for use in their production facilities. Vitreous Glass Inc. is headquartered in Airdrie, Canada.
Vitreous Glass Fundamentals Summary
| VCI fundamental statistics | |
|---|---|
| Market Cap | CA$29.22m |
| Earnings (TTM) | CA$2.62m |
| Revenue (TTM) | CA$10.38m |
11.1x
P/E Ratio2.8x
P/S RatioIs VCI overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| VCI income statement (TTM) | |
|---|---|
| Revenue | CA$10.38m |
| Cost of Revenue | CA$5.20m |
| Gross Profit | CA$5.18m |
| Other Expenses | CA$2.55m |
| Earnings | CA$2.62m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.42 |
| Gross Margin | 49.89% |
| Net Profit Margin | 25.28% |
| Debt/Equity Ratio | 0% |
How did VCI perform over the long term?
See historical performance and comparisonDividends
7.3%
Current Dividend Yieldn/a
Payout RatioValuation
Is VCI undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
1/6Valuation Score 1/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for VCI?
Other financial metrics that can be useful for relative valuation.
| What is VCI's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | CA$29.22m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 2.7x |
| Enterprise Value/EBITDA | 7.9x |
| PEG Ratio | n/a |
Price to Earnings Ratio vs Peers
How does VCI's PE Ratio compare to its peers?
| VCI PE Ratio vs Peers |
|---|
| Company | PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 9.1x | ||
AMI Athabasca Minerals | 1.1x | n/a | CA$22.6m |
FBF Fab-Form Industries | 9x | n/a | CA$8.2m |
RDS Radisson Mining Resources | 15.2x | n/a | CA$30.4m |
SRL Salazar Resources | 11.3x | n/a | CA$29.0m |
VCI Vitreous Glass | 11.1x | n/a | CA$29.2m |
Price-To-Earnings vs Peers: VCI is expensive based on its Price-To-Earnings Ratio (11.1x) compared to the peer average (9.1x).
Price to Earnings Ratio vs Industry
How does VCI's PE Ratio compare vs other companies in the Global Basic Materials Industry?
Price-To-Earnings vs Industry: VCI is good value based on its Price-To-Earnings Ratio (11.1x) compared to the North American Basic Materials industry average (13.3x)
Price to Earnings Ratio vs Fair Ratio
What is VCI's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 11.1x |
| Fair PE Ratio | n/a |
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate VCI's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of VCI when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: VCI (CA$4.65) is trading above our estimate of fair value (CA$2.78)
Significantly Below Fair Value: VCI is trading above our estimate of fair value.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate VCI's PEG Ratio to determine if it is good value.
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Future Growth
How is Vitreous Glass forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
18.8%
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Vitreous Glass has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Discover growth companies
- Examine Vitreous Glass's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Vitreous Glass competitive advantages and company strategy can generally be found in its financial reports archived here.
Past Performance
How has Vitreous Glass performed over the past 5 years?
Past Performance Score
2/6Past Performance Score 2/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
10.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: VCI has a high level of non-cash earnings.
Growing Profit Margin: VCI's current net profit margins (25.3%) are lower than last year (28.5%).
Past Earnings Growth Analysis
Earnings Trend: VCI's earnings have grown by 10.7% per year over the past 5 years.
Accelerating Growth: VCI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: VCI had negative earnings growth (-13.5%) over the past year, making it difficult to compare to the Basic Materials industry average (-12.2%).
Return on Equity
High ROE: VCI's Return on Equity (61.6%) is considered outstanding.
Discover strong past performing companies
Financial Health
How is Vitreous Glass's financial position?
Financial Health Score
6/6Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: VCI's short term assets (CA$3.2M) exceed its short term liabilities (CA$826.6K).
Long Term Liabilities: VCI's short term assets (CA$3.2M) exceed its long term liabilities (CA$238.3K).
Debt to Equity History and Analysis
Debt Level: VCI is debt free.
Reducing Debt: VCI had no debt 5 years ago.
Debt Coverage: VCI has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: VCI has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Dividend
What is Vitreous Glass's current dividend yield, its reliability and sustainability?
Dividend Score
3/6Dividend Score 3/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
7.31%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: VCI's dividend (7.31%) is higher than the bottom 25% of dividend payers in the Canadian market (2.02%).
High Dividend: VCI's dividend (7.31%) is in the top 25% of dividend payers in the Canadian market (5.4%)
Stability and Growth of Payments
Stable Dividend: VCI's dividend payments have been volatile in the past 10 years.
Growing Dividend: VCI's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (123.2%), VCI's dividend payments are not well covered by cash flows.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
9.9yrs
Average management tenure
CEO
Pat Cashion
29.42yrs
Tenure
CA$1,239,107
Compensation
Mr. J. Patrick Cashion, also known as Pat, CPA, CA has been the President of Vitreous Glass Inc. (formerly, Vitreous Capital Inc.) since February 01, 1993 and serves as its Chief Executive Officer and Dire...
CEO Compensation Analysis
Compensation vs Market: Pat's total compensation ($USD961.57K) is above average for companies of similar size in the Canadian market ($USD191.19K).
Compensation vs Earnings: Pat's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Leadership Team
Experienced Management: VCI's management team is seasoned and experienced (9.9 years average tenure).
Board Members
Experienced Board: VCI's board of directors are considered experienced (9.3 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 not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Vitreous Glass Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: Vitreous Glass Inc.
- Ticker: VCI
- Exchange: TSXV
- Founded: NaN
- Industry: Construction Materials
- Sector: Materials
- Implied Market Cap: CA$29.219m
- Shares outstanding: 6.28m
- Website: https://www.vitreousglass.ca
Location
- Vitreous Glass Inc.
- 212 East Lake Boulevard NE
- Airdrie
- Alberta
- T4A 0H5
- Canada
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/07/04 00:00 |
| End of Day Share Price | 2022/07/04 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2021/09/30 |
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.