Vitreous Glass Stock Return On Equity
| VCI Stock | CAD 5.18 0.09 1.71% |
Vitreous Glass fundamentals help investors to digest information that contributes to Vitreous Glass' financial success or failures. It also enables traders to predict the movement of Vitreous Stock. The fundamental analysis module provides a way to measure Vitreous Glass' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Vitreous Glass stock.
| Last Reported | Projected for Next Year | ||
| Return On Equity | 0.54 | 0.56 |
Vitreous | Return On Equity |
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.
Vitreous Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Vitreous Glass is extremely important. It helps to project a fair market value of Vitreous Stock properly, considering its historical fundamentals such as Return On Equity. Since Vitreous Glass' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Vitreous Glass' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Vitreous Glass' interrelated accounts and indicators.
Click cells to compare fundamentals
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 |
Vitreous Total Stockholder Equity
Total Stockholder Equity |
|
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 Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Vitreous Glass' direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Vitreous Glass could also be used in its relative valuation, which is a method of valuing Vitreous Glass by comparing valuation metrics of similar companies.Vitreous Glass is currently under evaluation in return on equity category among its peers.
Vitreous Glass Current Valuation Drivers
We derive many important indicators used in calculating different scores of Vitreous Glass from analyzing Vitreous Glass' financial statements. These drivers represent accounts that assess Vitreous Glass' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Vitreous Glass' important valuation drivers and their relationship over time.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Market Cap | 36.8M | 26.7M | 33.7M | 33.1M | 29.8M | 31.3M | |
| Enterprise Value | 34.4M | 25.1M | 31.5M | 31.3M | 28.1M | 29.6M |
Vitreous Fundamentals
| Return On Equity | 0.54 | ||||
| Return On Asset | 0.34 | ||||
| Profit Margin | 0.23 % | ||||
| Operating Margin | 0.23 % | ||||
| Current Valuation | 30.87 M | ||||
| Shares Outstanding | 6.34 M | ||||
| Shares Owned By Insiders | 38.40 % | ||||
| Shares Owned By Institutions | 10.64 % | ||||
| Number Of Shares Shorted | 1.15 K | ||||
| Price To Earning | 11.30 X | ||||
| Price To Book | 7.83 X | ||||
| Price To Sales | 3.42 X | ||||
| Revenue | 9.66 M | ||||
| Gross Profit | 5.07 M | ||||
| EBITDA | 3.13 M | ||||
| Net Income | 2.4 M | ||||
| Cash And Equivalents | 1.53 M | ||||
| Cash Per Share | 0.24 X | ||||
| Total Debt | 1.1 M | ||||
| Current Ratio | 4.23 X | ||||
| Book Value Per Share | 0.67 X | ||||
| Cash Flow From Operations | 2.33 M | ||||
| Short Ratio | 0.17 X | ||||
| Earnings Per Share | 0.35 X | ||||
| Target Price | 30.5 | ||||
| Beta | 0.56 | ||||
| Market Capitalization | 33.39 M | ||||
| Total Asset | 5.12 M | ||||
| Retained Earnings | 984.9 K | ||||
| Working Capital | 2.38 M | ||||
| Annual Yield | 0.07 % | ||||
| Net Asset | 5.12 M |
About Vitreous Glass Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Vitreous Glass's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Vitreous Glass using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Vitreous Glass based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Thematic Opportunities
Explore Investment Opportunities
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.