Vitreous Glass (VCI) AI Stock Analysis

• Market Cap: C$38.14M
• Dividend Yield: 4.6%
• Average Volume (3M): 1.16K
• Price to Earnings (P/E): 14.4
• Beta (1Y): 0.45
• Revenue Growth: 30.13%
• EPS Growth: 10.46%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 61
• Industry: Waste Management
• EPS (TTM): 0.13
• Shares Outstanding: 6,336,087
• 10 Day Avg. Volume: 1,295
• 30 Day Avg. Volume: 1,161
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: 16.28% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 75 Outperform
• Price Target: C$7.00 ▲(16.28% Upside)

Vitreous Glass is a financially stable company with strong profitability and cash flow management. The stock is technically sound, trading above key moving averages, and offers a fair valuation with an attractive dividend yield. These factors make it a solid investment opportunity in the waste management industry.

Positive Factors

Cash Flow Management

Effective cash flow management ensures Vitreous Glass can fund operations and investments without relying heavily on external financing, supporting long-term stability.

Profitability Margins

High profitability margins suggest efficient operations and strong pricing power, enabling the company to sustain earnings even in competitive markets.

Balance Sheet Health

Vitreous Glass's minimal leverage risk and strong equity ratio indicate a solid financial foundation, enhancing its ability to invest in growth opportunities and weather economic fluctuations.

Negative Factors

Revenue Growth Challenges

Negative revenue growth suggests potential issues in market expansion or product demand, which could hinder the company's ability to scale and compete effectively.

Free Cash Flow Decline

A decline in free cash flow growth may limit the company's ability to reinvest in its business or return capital to shareholders, affecting long-term strategic initiatives.

Revenue Decline

A declining revenue trend could indicate challenges in market demand or competitive pressures, potentially impacting future growth and profitability.

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 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 demonstrates strong financial health with robust profitability, high return on equity, and effective cash flow management. Despite a decline in revenue, the company maintains excellent operational margins and low leverage, positioning 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	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	12.50M	9.66M	10.19M	9.62M	12.12M	9.36M
Gross Profit	5.68M	4.96M	5.07M	4.38M	6.31M	4.58M
EBITDA	3.62M	3.32M	3.44M	3.00M	4.49M	3.30M
Net Income	2.64M	2.40M	2.54M	2.17M	3.37M	2.32M
Balance Sheet
Total Assets	5.84M	5.12M	5.41M	5.49M	5.15M	5.51M
Cash, Cash Equivalents and Short-Term Investments	2.48M	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	1.43M	1.10M	1.26M	1.24M	985.68K	1.26M
Stockholders Equity	4.41M	4.02M	4.15M	4.26M	4.16M	4.24M
Cash Flow
Free Cash Flow	2.93M	2.18M	3.19M	1.39M	4.41M	2.55M
Operating Cash Flow	3.00M	2.33M	3.27M	1.97M	4.52M	2.62M
Investing Cash Flow	-63.55K	-152.35K	-87.18K	-580.42K	-108.56K	-67.35K
Financing Cash Flow	-2.43M	-2.56M	-2.66M	-2.10M	-3.48M	-1.90M

Vitreous Glass Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 6.02
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• 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 Neutral. The current price of 6.02 is below the 20-day moving average (MA) of 6.08, below the 50-day MA of 6.08, and above the 200-day MA of 5.46, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 47.94 is Neutral, neither overbought nor oversold. The STOCH value of 50.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral 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$38.14M	14.43	61.92%	4.60%	30.13%	10.46%
Sector *	61 Neutral	$10.29B	7.21	-0.06%	2.89%	2.87%	-36.73%
BLM	48 Neutral	C$50.18M	1,685.71	-3.01%	―	63.49%	-133.70%
BQE	―	C$69.96M	8.06	42.36%	―	―	―
ROOF	44 Neutral	C$50.98M	―	-2757.94%	―	47.59%	-92.07%
YES	41 Neutral	C$28.37M	―	-419.23%	―	-27.40%	23.40%
ECM	40 Underperform	C$41.96M	―	-134.39%	―	114.81%	71.94%

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.