Vitreous Glass (VCI) AI Stock Analysis

• Market Cap: C$40.04M
• Dividend Yield: 4.38%
• Average Volume (3M): 2.81K
• Price to Earnings (P/E): 15.1
• Beta (1Y): 0.47
• Revenue Growth: 30.13%
• EPS Growth: 10.46%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Waste Management
• EPS (TTM): 0.13
• Shares Outstanding: 6,336,087
• 10 Day Avg. Volume: 734
• 30 Day Avg. Volume: 2,810
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: C$7.00
• Price Target Upside: 10.76% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 77 Outperform
• Price Target: C$7.00 ▲(10.76% Upside)

Vitreous Glass earns a strong overall score due to its solid financial performance, favorable valuation, and positive corporate event announcements. Although technical analysis presents mixed signals, the company's robust financial health and commitment to shareholder returns drive the positive score.

Vitreous Glass Business Overview & Revenue Model

Company Description

Vitreous Glass Inc. (VCI) is a Canadian company that specializes in the recycling of glass materials, primarily focusing on the processing and sale of glass cullet. The company operates within the environmental services sector, providing sustainable solutions for waste glass by converting it into valuable raw materials for various industries. VCI is dedicated to promoting environmental sustainability through its innovative recycling processes.

How the Company Makes Money

Vitreous Glass Inc. generates revenue by collecting waste glass from various sources and processing it into glass cullet, which is then sold to manufacturers as a raw material for the production of glass products. The company's key revenue streams include the sale of glass cullet to industries such as fiberglass insulation manufacturers. VCI's earnings are influenced by factors such as the demand for recycled glass materials, partnerships with waste management companies for sourcing raw glass, and the efficiency of its recycling technologies.

Vitreous Glass Financial Statement Overview

Summary

Vitreous Glass shows strong financial health with high profitability indicated by solid EBIT and EBITDA margins. The balance sheet is robust with minimal leverage risk and high returns to shareholders. Cash flow management is effective despite a slight decline in free cash flow.

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	11.27M	9.66M	10.19M	9.62M	12.12M	9.36M
Gross Profit	5.33M	4.96M	5.07M	4.38M	6.31M	4.58M
EBITDA	3.42M	3.32M	3.44M	3.00M	4.49M	3.30M
Net Income	2.46M	2.40M	2.54M	2.17M	3.37M	2.32M
Balance Sheet
Total Assets	5.90M	5.12M	5.41M	5.49M	5.15M	5.51M
Cash, Cash Equivalents and Short-Term Investments	2.57M	1.88M	2.26M	1.74M	2.45M	1.52M
Total Debt	0.00	59.45K	80.09K	99.77K	118.53K	136.41K
Total Liabilities	1.58M	1.10M	1.26M	1.24M	985.68K	1.26M
Stockholders Equity	4.32M	4.02M	4.15M	4.26M	4.16M	4.24M
Cash Flow
Free Cash Flow	3.08M	2.18M	3.19M	1.39M	4.41M	2.55M
Operating Cash Flow	3.13M	2.33M	3.27M	1.97M	4.52M	2.62M
Investing Cash Flow	-52.98K	-152.35K	-87.18K	-580.42K	-108.56K	-67.35K
Financing Cash Flow	-2.31M	-2.56M	-2.66M	-2.10M	-3.48M	-1.90M

Vitreous Glass Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 6.32
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

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 6.32 is above the 20-day moving average (MA) of 6.11, above the 50-day MA of 5.99, and above the 200-day MA of 5.35, indicating a bullish trend. The MACD of 0.05 indicates Negative momentum. The RSI at 57.29 is Neutral, neither overbought nor oversold. The STOCH value of 61.11 is Neutral, 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	77 Outperform	C$40.04M	15.15	61.92%	4.38%	30.13%	10.46%
ECM	58 Neutral	C$49.90M	―	-2752.20%	―	153.17%	43.51%
BLM	50 Neutral	C$48.32M	1,857.14	0.16%	―	49.38%	-93.75%
ROOF	46 Neutral	C$48.02M	―	-2757.94%	―	191.62%	-57.36%
Sector *	44 Neutral	C$919.24M	-8.54	0.12%	2.70%	20.25%	-40.74%
YES	42 Neutral	C$29.66M	―	-321.92%	―	25.24%	34.24%

Vitreous Glass Corporate Events

Vitreous Glass Declares Special Dividend, Plans Quarterly Payouts

Vitreous Glass Inc. announced a special cash dividend of $0.07 per common share, payable on August 15, 2025, to shareholders of record as of August 1, 2025. While this dividend is contingent on business performance, the company plans to continue issuing dividends quarterly, indicating a stable financial outlook and potential positive impact on shareholder value.

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.