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$4.90|
|52 Week High||CA$6.50|
|52 Week Low||CA$4.40|
|1 Month Change||-4.11%|
|3 Month Change||-2.00%|
|1 Year Change||2.08%|
|3 Year Change||28.27%|
|5 Year Change||32.79%|
|Change since IPO||104.17%|
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...
Does Vitreous Glass (CVE:VCI) Deserve A Spot On Your Watchlist?
Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
|VCI||CA Basic Materials||CA Market|
Return vs Industry: VCI exceeded the Canadian Basic Materials industry which returned -13.5% over the past year.
Return vs Market: VCI exceeded the Canadian Market which returned -0.1% over the past year.
|VCI Average Weekly Movement||4.3%|
|Basic Materials Industry Average Movement||6.9%|
|Market Average Movement||9.6%|
|10% most volatile stocks in CA Market||16.4%|
|10% least volatile stocks in CA Market||4.2%|
Stable Share Price: VCI is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: VCI's weekly volatility (4%) has been stable over the past year.
About the Company
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|
Is VCI overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|VCI income statement (TTM)|
|Cost of Revenue||CA$5.33m|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
|Earnings per share (EPS)||0.46|
|Net Profit Margin||26.22%|
How did VCI perform over the long term?See historical performance and comparison
6.9%Current Dividend Yield
Is Vitreous Glass undervalued compared to its fair value and its price relative to the market?
Valuation Score 4/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: VCI (CA$4.9) is trading below our estimate of fair value (CA$6.94)
Significantly Below Fair Value: VCI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: VCI is good value based on its PE Ratio (10.8x) compared to the North American Basic Materials industry average (14.8x).
PE vs Market: VCI is good value based on its PE Ratio (10.8x) compared to the Canadian market (11.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate VCI's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: VCI is overvalued based on its PB Ratio (7.4x) compared to the CA Basic Materials industry average (1.7x).
How is Vitreous Glass forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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.
How has Vitreous Glass performed over the past 5 years?
Past Performance Score3/6
Past Performance Score 3/6
Growing Profit Margin
Earnings vs Industry
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 (26.2%) are lower than last year (26.4%).
Past Earnings Growth Analysis
Earnings Trend: VCI's earnings have grown by 10.9% per year over the past 5 years.
Accelerating Growth: VCI's earnings growth over the past year (5.9%) is below its 5-year average (10.9% per year).
Earnings vs Industry: VCI earnings growth over the past year (5.9%) exceeded the Basic Materials industry -3.1%.
Return on Equity
High ROE: VCI's Return on Equity (68.5%) is considered outstanding.
How is Vitreous Glass's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: VCI's short term assets (CA$2.7M) exceed its short term liabilities (CA$519.2K).
Long Term Liabilities: VCI's short term assets (CA$2.7M) exceed its long term liabilities (CA$244.9K).
Debt to Equity History and Analysis
Debt Level: VCI is debt free.
Reducing Debt: VCI had no debt 5 years ago.
Debt Coverage: VCI has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: VCI has no debt, therefore coverage of interest payments is not a concern.
What is Vitreous Glass's current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: VCI's dividend (6.94%) is higher than the bottom 25% of dividend payers in the Canadian market (1.89%).
High Dividend: VCI's dividend (6.94%) is in the top 25% of dividend payers in the Canadian market (4.98%)
Stability and Growth of Payments
Stable Dividend: VCI's dividend payments have been volatile in the past 10 years.
Growing Dividend: VCI's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (94.8%), VCI's dividend payments are not well covered by cash flows.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. J. Patrick Cashion, also known as Pat, CPA, CA has been the President of Vitreous Glass Inc. (formerly, Vitreous Capital Inc.) since February 01, 1993 and serves as its Chief Executive Officer and Dire...
CEO Compensation Analysis
Compensation vs Market: Pat's total compensation ($USD958.19K) is above average for companies of similar size in the Canadian market ($USD167.30K).
Compensation vs Earnings: Pat's compensation has increased by more than 20% in the past year.
Experienced Management: VCI's management team is seasoned and experienced (9.8 years average tenure).
Experienced Board: VCI's board of directors are considered experienced (9.2 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Vitreous Glass Inc.'s employee growth, exchange listings and data sources
- Name: Vitreous Glass Inc.
- Ticker: VCI
- Exchange: TSXV
- Founded: NaN
- Industry: Construction Materials
- Sector: Materials
- Implied Market Cap: CA$30.790m
- Shares outstanding: 6.28m
- Website: https://www.vitreousglass.ca
- Vitreous Glass Inc.
- 212 East Lake Boulevard NE
- T4A 0H5
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/14 00:00|
|End of Day Share Price||2022/05/13 00:00|
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.