VCIGF (Vitreous Glass) Net Margin %: 22.88% (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 Net Margin %?

Vitreous Glass VCIGF 79 Net Margin % is 22.88% as of Mar. 2026, which is 7% below its 10-year median of 24.66. 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 242 Waste Management companies, Vitreous Glass ranks better than 92.98% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Vitreous Glass's Net Income for the three months ended in Mar. 2026 was $0.62 Mil. Vitreous Glass's Revenue for the three months ended in Mar. 2026 was $2.71 Mil. Therefore, Vitreous Glass's net margin for the quarter that ended in Mar. 2026 was 22.88%.

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

VCIGF' s Net Margin % Range Over the Past 10 Years
Min: 20.8   Med: 24.66   Max: 27.84
Current: 24.01


VCIGF's Net Margin % is ranked better than
92.98% of 242 companies
in the Waste Management industry
Industry Median: 3.9 vs VCIGF: 24.01

Vitreous Glass  (OTCPK:VCIGF) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Vitreous Glass Net Margin % Related Terms


Vitreous Glass Net Margin % Historical Data

* Premium members only.

The historical data trend for Vitreous Glass's Net 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 Net Margin % Chart

Vitreous Glass Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.84 22.57 24.89 24.83 22.34

Vitreous Glass Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net 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 22.16 22.58 25.96 24.54 22.88

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

For the Waste Management subindustry, Vitreous Glass's Net Margin %, along with its competitors' market caps and Net 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 Net Margin % vs Waste Management Industry

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

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


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

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

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

Net Margin=Net Income (A: Sep. 2025 )/Revenue (A: Sep. 2025 )
=2.273/10.173
=22.34 %

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

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=0.619/2.706
=22.88 %

* 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.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of 22.88% mean?
Vitreous Glass (VCIGF) has a Net Margin % of 22.88% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Vitreous Glass and its competitors. This is near median its historical median of 24.66. Over the past decade, Vitreous Glass' Net Margin % has ranged from 20.80 to 27.84. According to the industry distribution chart, Vitreous Glass ranks #17 out of 242 companies in the Waste Management industry, placing it in the top 7%.
Is Vitreous Glass' Net Margin % too high?
Vitreous Glass' current Net Margin % of 22.88% is near median its 10-year median of 24.66. Over the past 10 years, this metric has ranged from a low of 20.80 to a high of 27.84. The Waste Management industry median Net Margin % is 3.90. Vitreous Glass' value of 22.88% is 486.7% above this industry median. Based on the distribution chart, Vitreous Glass ranks #17 out of 242 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' Net Margin % compare to WM and RSG?
According to the Waste Management industry distribution chart, Vitreous Glass ranks #17 out of 242 companies for Net Margin %. This places Vitreous Glass in the top 7% of its industry — outperforming the majority of peers. The industry median Net Margin % is 3.90. Vitreous Glass' value of 22.88% is 486.7% above this benchmark. Historically, Vitreous Glass' own Net Margin % has ranged from 20.80 to 27.84 over the past decade. While the company's 10-year median is 24.66 vs. the industry median of 3.90, 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 Net Margin % for a Waste Management company?
The median Net Margin % among Waste Management companies is 3.90, based on 242 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Vitreous Glass's current Net Margin % of 22.88% is 486.7% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Vitreous Glass and its competitors. For the Waste Management industry, the median Net Margin % is 3.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vitreous Glass's current Net Margin % is 22.88%, which is near median its own 10-year median of 24.66. 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 Net Margin % is 22.88%, which is near median its 10-year median of 24.66 and 486.7% above the Waste Management industry median of 3.90. 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 Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Vitreous Glass (VCIGF), the current Net Margin % is 22.88% 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:

  • Net Margin %: 22.88% (near median its 10-year median of 24.66)
  • GF Value™: $5.96 vs. price of $4.61 (22.6% below fair value)
  • GF Score™: 79/100 with 1 warning sign
  • Industry Position: 486.7% above the Waste Management median (#17 of 242)

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

$4.61
Price
$5.96
GF Value