Vitreous Glass (VCI) AI Stock Analysis

• Market Cap: C$38.02M
• Dividend Yield: 6.28%
• Average Volume (3M): 3.35K
• Price to Earnings (P/E): 15.6
• Beta (1Y): 0.51
• Revenue Growth: 17.69%
• EPS Growth: 4.44%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 67
• Industry: Waste Management
• EPS (TTM): 0.14
• Shares Outstanding: 6,336,087
• 10 Day Avg. Volume: 1,366
• 30 Day Avg. Volume: 3,350
• PEG Ratio: -3.12
• Price to Book (P/B): 8.84
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 12.81
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 75 Outperform
• Price Target: ―

Vitreous Glass Inc. scores well overall, thanks to its strong financial health, profitability, and attractive valuation. The company's financial stability and effective cash flow management are significant strengths. Moderate positive market momentum further supports this rating, while the recent corporate events reinforce its commitment to shareholder value. Despite the lack of earnings call data, the stock remains a solid proposition for investors in the waste management industry.

Vitreous Glass Business Overview & Revenue Model

Company Description

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.

How the Company Makes Money

Vitreous Glass Inc. generates revenue by collecting and processing post-consumer glass waste, which is then cleaned and crushed into cullet. The primary revenue stream for the company is the sale of this cullet to manufacturers, particularly those in the fiberglass insulation industry, who use it as a cost-effective and environmentally friendly alternative to virgin raw materials. The company may also receive tipping fees for accepting glass waste from municipalities or other waste management entities. Additionally, partnerships with local governments or organizations focused on sustainable waste management practices can contribute to Vitreous Glass's earnings by providing a steady supply of raw glass materials for processing.

Vitreous Glass Financial Statement Overview

Summary

Vitreous Glass demonstrates strong financial health with robust operational margins, a high return on equity, and effective cash flow management. Despite a slight decline in revenue, the company's low leverage and solid capital structure position it well for future growth.

Income Statement

Vitreous Glass has demonstrated strong profitability with a gross profit margin of 49.92% and a net profit margin of 22.87% for TTM. However, revenue has shown a declining trend with a negative growth rate of -4.88% over the past year. Despite this, the company maintains solid EBIT and EBITDA margins of 24.46% and 32.08%, respectively, indicating operational efficiency.

Balance Sheet

The balance sheet reflects a robust financial position with a low debt-to-equity ratio of 0.01, highlighting minimal leverage risk. The equity ratio is strong at 73.82%, indicating a solid capital structure. Return on equity stands at 52.43%, underscoring high returns to shareholders.

Cash Flow

Vitreous Glass has shown impressive cash flow management with a free cash flow growth rate of -7.63%, slightly declining but still maintaining a high level of free cash flow. The operating cash flow to net income ratio is 1.37, indicating efficient cash conversion, while the free cash flow to net income ratio is 1.32, showcasing strong cash generation relative to profit.

Breakdown
TTM	Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020
Income Statement		Total Revenue
9.77M	9.66M	10.19M	9.62M	12.12M	9.36M
	Gross Profit
4.88M	4.96M	5.07M	4.38M	6.31M	4.58M
	EBIT
2.95M	3.13M	3.44M	2.85M	4.36M	3.08M
	EBITDA
3.14M	3.32M	3.44M	3.00M	4.49M	3.30M
	Net Income Common Stockholders
2.24M	2.40M	2.54M	2.17M	3.37M	2.32M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
2.58M	1.88M	2.26M	1.74M	2.45M	1.52M
	Total Assets
5.78M	5.12M	5.41M	5.49M	5.15M	5.51M
	Total Debt
54.13K	59.45K	80.09K	99.77K	118.53K	136.41K
	Net Debt
-2.53M	-1.83M	-2.18M	-1.64M	-2.33M	-1.39M
	Total Liabilities
1.51M	1.10M	1.26M	1.24M	985.68K	1.26M
	Stockholders Equity
4.26M	4.02M	4.15M	4.26M	4.16M	4.24M
Cash Flow		Free Cash Flow
2.94M	2.18M	3.19M	1.39M	4.41M	2.55M
	Operating Cash Flow
3.06M	2.33M	3.27M	1.97M	4.52M	2.62M
	Investing Cash Flow
-114.18K	-152.35K	-87.18K	-580.42K	-108.56K	-67.35K
	Financing Cash Flow
-2.11M	-2.56M	-2.66M	-2.10M	-3.48M	-1.90M

Vitreous Glass Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 6.05
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:VCI, the sentiment is Positive. The current price of 6.05 is above the 20-day moving average (MA) of 6.01, above the 50-day MA of 5.70, and above the 200-day MA of 5.25, indicating a bullish trend. The MACD of 0.06 indicates Positive momentum. The RSI at 55.77 is Neutral, neither overbought nor oversold. The STOCH value of 86.42 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:VCI.

Vitreous Glass Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
VCI	75 Outperform	C$38.02M	15.58	58.40%	6.28%	17.69%	4.44%
BLM	66 Neutral	C$53.69M	2,085.71	0.16%	―	49.38%	-93.75%
YES	58 Neutral	C$29.66M	―	-321.92%	―	25.24%	34.24%
ROOF	56 Neutral	C$50.40M	―	-2757.94%	―	191.62%	-57.36%
ECM	51 Neutral	C$41.32M	―	-2752.20%	―	153.17%	43.51%
Sector *	51 Neutral	$2.02B	-1.12	-21.36%	3.65%	2.87%	-30.54%
BQE		C$66.46M	9.31	38.06%	―	―	―

Vitreous Glass Corporate Events

Vitreous Glass Grants Deferred Share Units to Director

Vitreous Glass Inc. announced the grant of 677 deferred share units to an independent director as a non-cash settlement of dividends earned on previously issued units. This move reflects the company’s strategic approach to managing director compensation and aligns with its 2022 DSU plan, potentially impacting its governance practices and shareholder relations.

Vitreous Glass Declares Special Cash Dividend

Vitreous Glass Inc., a company listed on the TSX Venture Exchange, has announced a special cash dividend of $0.12 per common share, payable on May 15, 2025, to shareholders recorded by May 1, 2025. This dividend reflects the company’s ongoing business performance and is expected to continue on a quarterly basis, highlighting Vitreous Glass’s commitment to returning value to its shareholders.