Vitreous GlassVCIGF 79 Operating Margin % is 29.75% as of Mar. 2026, which is 8% below its 10-year median of 32.21. 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 241 Waste Management companies, Vitreous Glass ranks better than 90.04% on this metric.
Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.
Be Aware
Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).
If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.
For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokias Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).
Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.
Vitreous Glass Operating Margin % Related Terms
Vitreous Glass Operating Margin % Historical Data
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The historical data trend for Vitreous Glass's Operating 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.
VCIGF vs WM, RSG, WCN: Operating Margin % Comparison
For the Waste Management subindustry, Vitreous Glass's Operating Margin %, along with its competitors' market caps and Operating 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 Operating Margin % vs Waste Management Industry
For the Waste Management industry and Industrials sector, Vitreous Glass's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Vitreous Glass's Operating Margin % falls into.
Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.
Vitreous Glass's Operating Margin % for the fiscal year that ended in Sep. 2025 is calculated as
* 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 (VCIGF) has a Operating Margin % of 29.75% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Vitreous Glass and its competitors. This is near median its historical median of 32.21. Over the past decade, Vitreous Glass' Operating Margin % has ranged from 28.27 to 36.01. According to the industry distribution chart, Vitreous Glass ranks #24 out of 241 companies in the Waste Management industry, placing it in the top 10%.
Is Vitreous Glass' Operating Margin % too high?
Vitreous Glass' current Operating Margin % of 29.75% is near median its 10-year median of 32.21. Over the past 10 years, this metric has ranged from a low of 28.27 to a high of 36.01. The Waste Management industry median Operating Margin % is 6.61. Vitreous Glass' value of 29.75% is 350.1% above this industry median. Based on the distribution chart, Vitreous Glass ranks #24 out of 241 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' Operating Margin % compare to WM and RSG?
According to the Waste Management industry distribution chart, Vitreous Glass ranks #24 out of 241 companies for Operating Margin %. This places Vitreous Glass in the top 10% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 6.61. Vitreous Glass' value of 29.75% is 350.1% above this benchmark. Historically, Vitreous Glass' own Operating Margin % has ranged from 28.27 to 36.01 over the past decade. While the company's 10-year median is 32.21 vs. the industry median of 6.61, 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 Operating Margin % for a Waste Management company?
The median Operating Margin % among Waste Management companies is 6.61, based on 241 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Vitreous Glass's current Operating Margin % of 29.75% is 350.1% 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 Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Vitreous Glass and its competitors. For the Waste Management industry, the median Operating Margin % is 6.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vitreous Glass's current Operating Margin % is 29.75%, which is near median its own 10-year median of 32.21. 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 Operating Margin % is 29.75%, which is near median its 10-year median of 32.21 and 350.1% above the Waste Management industry median of 6.61. 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 Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Vitreous Glass (VCIGF), the current Operating Margin % is 29.75% 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:
Operating Margin %: 29.75% (near median its 10-year median of 32.21)
GF Value™: $5.96 vs. price of $4.61 (22.6% below fair value)
Industry Position: 350.1% above the Waste Management median (#24 of 241)
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 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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