Vitreous Financial Statements From 2010 to 2025
| VCI Stock | CAD 5.30 0.10 1.85% |
Check Vitreous Glass financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Vitreous Glass' main balance sheet or income statement drivers, such as , as well as many indicators such as . Vitreous financial statements analysis is a perfect complement when working with Vitreous Glass Valuation or Volatility modules.
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Vitreous Glass Company Return On Equity Analysis
Vitreous Glass' Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Vitreous Glass Return On Equity | 0.54 |
Most of Vitreous Glass' fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Vitreous Glass is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Based on the latest financial disclosure, Vitreous Glass has a Return On Equity of 0.5352. This is 21.64% higher than that of the Commercial Services & Supplies sector and 101.7% lower than that of the Industrials industry. The return on equity for all Canada stocks is notably lower than that of the firm.
Vitreous Glass Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Vitreous Glass's current stock value. Our valuation model uses many indicators to compare Vitreous Glass value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Vitreous Glass competition to find correlations between indicators driving Vitreous Glass's intrinsic value. More Info.Vitreous Glass is rated first in return on equity category among its peers. It is rated first in return on asset category among its peers reporting about 0.63 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Vitreous Glass is roughly 1.58 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Vitreous Glass' earnings, one of the primary drivers of an investment's value.About Vitreous Glass Financial Statements
Vitreous Glass investors use historical fundamental indicators, such as Vitreous Glass' revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Vitreous Glass. Please read more on our technical analysis and fundamental analysis pages.
Vitreous Glass Inc. cleans, crushes, and sells waste glass to the fiberglass manufacturing industry in Alberta, Canada. It offers its products to the manufacturers of fiberglass building insulation for use as a raw material in their production facilities. VITREOUS GLASS is traded on TSX Venture Exchange in Canada.
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Additional Tools for Vitreous Stock Analysis
When running Vitreous Glass' price analysis, check to measure Vitreous Glass' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Vitreous Glass is operating at the current time. Most of Vitreous Glass' value examination focuses on studying past and present price action to predict the probability of Vitreous Glass' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vitreous Glass' price. Additionally, you may evaluate how the addition of Vitreous Glass to your portfolios can decrease your overall portfolio volatility.