VCIGF (Vitreous Glass) Gross Margin %: 44.16% (As of Mar. 2026) — Near Median


VCIGF Vitreous Glass Inc VCIGF
79 GF Score
Price $4.61
GF Value $5.96
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Vitreous Glass Gross Margin %?

Vitreous Glass VCIGF 79 Gross Margin % is 44.16% as of Mar. 2026, which is 9% below its 10-year median of 48.33. GuruFocus rates VCIGF with a GF Score™ of 79/100 and a GF Value™ of $5.96 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 236 Waste Management companies, Vitreous Glass ranks better than 79.66% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Vitreous Glass's Gross Profit for the three months ended in Mar. 2026 was $1.20 Mil. Vitreous Glass's Revenue for the three months ended in Mar. 2026 was $2.71 Mil. Therefore, Vitreous Glass's Gross Margin % for the quarter that ended in Mar. 2026 was 44.16%.


The historical rank and industry rank for Vitreous Glass's Gross Margin % or its related term are showing as below:

VCIGF' s Gross Margin % Range Over the Past 10 Years
Min: 41.75   Med: 48.33   Max: 53.91
Current: 46.45


During the past 13 years, the highest Gross Margin % of Vitreous Glass was 53.91%. The lowest was 41.75%. And the median was 48.33%.

VCIGF's Gross Margin % is ranked better than
79.66% of 236 companies
in the Waste Management industry
Industry Median: 27.35 vs VCIGF: 46.45

Vitreous Glass had a gross margin of 44.16% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Vitreous Glass was -1.00% per year.


Vitreous Glass  (OTCPK:VCIGF) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Vitreous Glass had a gross margin of 44.16% for the quarter that ended in Mar. 2026 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Vitreous Glass Gross Margin % Related Terms


Vitreous Glass Gross Margin % Historical Data

* Premium members only.

The historical data trend for Vitreous Glass's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Vitreous Glass Gross Margin % Chart

Vitreous Glass Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52.03 45.52 49.76 51.37 45.08

Vitreous Glass Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 43.26 44.87 47.45 49.32 44.16

VCIGF vs WM, RSG, WCN: Gross Margin % Comparison

For the Waste Management subindustry, Vitreous Glass's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Vitreous Glass Gross Margin % vs Waste Management Industry

For the Waste Management industry and Industrials sector, Vitreous Glass's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Vitreous Glass's Gross Margin % falls into.


VCIGF
79GF Score
Vitreous Glass Inc VCIGF
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Vitreous Glass Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Vitreous Glass's Gross Margin for the fiscal year that ended in Sep. 2025 is calculated as

Gross Margin % (A: Sep. 2025 )=Gross Profit (A: Sep. 2025 ) / Revenue (A: Sep. 2025 )
=4.6 / 10.173
=(Revenue - Cost of Goods Sold) / Revenue
=(10.173 - 5.587) / 10.173
=45.08 %

Vitreous Glass's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=1.2 / 2.706
=(Revenue - Cost of Goods Sold) / Revenue
=(2.706 - 1.511) / 2.706
=44.16 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 44.16% mean?
Vitreous Glass (VCIGF) has a Gross Margin % of 44.16% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Vitreous Glass and its competitors. This is near median its historical median of 48.33. Over the past decade, Vitreous Glass' Gross Margin % has ranged from 41.75 to 53.91. According to the industry distribution chart, Vitreous Glass ranks #48 out of 236 companies in the Waste Management industry, placing it in the top 20.3%.
Is Vitreous Glass' Gross Margin % too high?
Vitreous Glass' current Gross Margin % of 44.16% is near median its 10-year median of 48.33. Over the past 10 years, this metric has ranged from a low of 41.75 to a high of 53.91. The Waste Management industry median Gross Margin % is 27.35. Vitreous Glass' value of 44.16% is 61.5% above this industry median. Based on the distribution chart, Vitreous Glass ranks #48 out of 236 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, Vitreous Glass has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vitreous Glass' Gross Margin % compare to WM and RSG?
According to the Waste Management industry distribution chart, Vitreous Glass ranks #48 out of 236 companies for Gross Margin %. This places Vitreous Glass in the top 20% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 27.35. Vitreous Glass' value of 44.16% is 61.5% above this benchmark. Historically, Vitreous Glass' own Gross Margin % has ranged from 41.75 to 53.91 over the past decade. While the company's 10-year median is 48.33 vs. the industry median of 27.35, Vitreous Glass has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Waste Management company?
The median Gross Margin % among Waste Management companies is 27.35, based on 236 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Vitreous Glass's current Gross Margin % of 44.16% is 61.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Vitreous Glass and its competitors. For the Waste Management industry, the median Gross Margin % is 27.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vitreous Glass's current Gross Margin % is 44.16%, which is near median its own 10-year median of 48.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vitreous Glass stock overvalued right now?
Based on GuruFocus' analysis, Vitreous Glass (VCIGF) is currently considered Modestly Undervalued. The stock's GF Value™ is $5.96, compared to a current price of $4.61 — trading 22.6% below its estimated fair value. The current Gross Margin % is 44.16%, which is near median its 10-year median of 48.33 and 61.5% above the Waste Management industry median of 27.35. Vitreous Glass' overall GF Score™ is 79/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Vitreous Glass (VCIGF), the current Gross Margin % is 44.16% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Vitreous Glass (VCIGF) Overvalued in 2026?

Based on GuruFocus' analysis, Vitreous Glass stock appears to be undervalued. The current stock price of $4.61 is trading 22.6% below its estimated GF Value™ of $5.96. GuruFocus considers Vitreous Glass to be Modestly Undervalued.

Key valuation signals for VCIGF:

  • Gross Margin %: 44.16% (near median its 10-year median of 48.33)
  • GF Value™: $5.96 vs. price of $4.61 (22.6% below fair value)
  • GF Score™: 79/100 with 1 warning sign
  • Industry Position: 61.5% above the Waste Management median (#48 of 236)

No single metric tells the full story. See the VCIGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vitreous Glass Business Description

Other Exchanges VCI:Canada
Address 212 East Lake Boulevard, Airdrie, AB, CAN, T4A 0H5
Vitreous Glass Inc cleans, crushes, and sells waste glass to the fiberglass manufacturing industry. The company also removes the contaminates and crushes the glass into sand and then this sand is sold to fiberglass insulation manufacturers as furnace-ready cullet for use in their production facilities. The sole source of revenue of the company is generated by providing crushed glass to its customers.
79GF Score

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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$4.61
Price
$5.96
GF Value