Vitreous Glass (TSXV:VCI) Pretax Margin %: 30.16% (As of Mar. 2026) — Near Median


TSXV:VCI Vitreous Glass Inc TSXV:VCI
82 GF Score
Price C$6.25
GF Value C$8.28
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Vitreous Glass Pretax Margin %?

Vitreous Glass TSXV:VCI 82 Pretax Margin % is 30.16% as of Mar. 2026, which is 7% below its 10-year median of 32.46. GuruFocus rates TSXV:VCI with a GF Score™ of 82/100 and a GF Value™ of C$8.28 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 239 Waste Management companies, Vitreous Glass ranks better than 93.72% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Vitreous Glass's Pre-Tax Income for the three months ended in Mar. 2026 was C$1.12 Mil. Vitreous Glass's Revenue for the three months ended in Mar. 2026 was C$3.71 Mil. Therefore, Vitreous Glass's pretax margin for the quarter that ended in Mar. 2026 was 30.16%.

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

TSXV:VCI' s Pretax Margin % Range Over the Past 10 Years
Min: 28.28   Med: 32.46   Max: 36.01
Current: 30.64


TSXV:VCI's Pretax Margin % is ranked better than
93.72% of 239 companies
in the Waste Management industry
Industry Median: 4.71 vs TSXV:VCI: 30.64

Vitreous Glass  (TSXV:VCI) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Vitreous Glass Pretax Margin % Related Terms


Vitreous Glass Pretax Margin % Historical Data

* Premium members only.

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

Vitreous Glass Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.01 29.61 32.35 32.57 28.68

Vitreous Glass Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Pretax 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 29.22 28.89 31.51 31.99 30.16

TSXV:VCI vs WM, RSG, WCN: Pretax Margin % Comparison

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

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

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


TSXV:VCI
82GF Score
Vitreous Glass Inc TSXV:VCI
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Vitreous Glass Pretax Margin % Calculation

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

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

Pretax Margin=Pre-Tax Income (A: Sep. 2025 )/Revenue (A: Sep. 2025 )
=4.036/14.073
=28.68 %

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

Pretax Margin=Pre-Tax Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=1.12/3.713
=30.16 %

* 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.

Frequently Asked Questions Learn more about Pretax Margin % →
What does a Pretax Margin % of 30.16% mean?
Vitreous Glass (TSXV:VCI) has a Pretax Margin % of 30.16% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Vitreous Glass and its competitors. This is near median its historical median of 32.46. Over the past decade, Vitreous Glass' Pretax Margin % has ranged from 28.28 to 36.01. According to the industry distribution chart, Vitreous Glass ranks #15 out of 239 companies in the Waste Management industry, placing it in the top 6.3%.
Is Vitreous Glass' Pretax Margin % too high?
Vitreous Glass' current Pretax Margin % of 30.16% is near median its 10-year median of 32.46. Over the past 10 years, this metric has ranged from a low of 28.28 to a high of 36.01. The Waste Management industry median Pretax Margin % is 4.71. Vitreous Glass' value of 30.16% is 540.3% above this industry median. Based on the distribution chart, Vitreous Glass ranks #15 out of 239 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 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vitreous Glass' Pretax Margin % compare to WM and RSG?
According to the Waste Management industry distribution chart, Vitreous Glass ranks #15 out of 239 companies for Pretax Margin %. This places Vitreous Glass in the top 6% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 4.71. Vitreous Glass' value of 30.16% is 540.3% above this benchmark. Historically, Vitreous Glass' own Pretax Margin % has ranged from 28.28 to 36.01 over the past decade. While the company's 10-year median is 32.46 vs. the industry median of 4.71, 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 Pretax Margin % for a Waste Management company?
The median Pretax Margin % among Waste Management companies is 4.71, based on 239 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Vitreous Glass's current Pretax Margin % of 30.16% is 540.3% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Vitreous Glass and its competitors. For the Waste Management industry, the median Pretax Margin % is 4.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vitreous Glass's current Pretax Margin % is 30.16%, which is near median its own 10-year median of 32.46. 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 (TSXV:VCI) is currently considered Modestly Undervalued. The stock's GF Value™ is C$8.28, compared to a current price of C$6.25 — trading 24.5% below its estimated fair value. The current Pretax Margin % is 30.16%, which is near median its 10-year median of 32.46 and 540.3% above the Waste Management industry median of 4.71. Vitreous Glass' overall GF Score™ is 82/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Vitreous Glass (TSXV:VCI), the current Pretax Margin % is 30.16% 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 (TSXV:VCI) Overvalued in 2026?

Based on GuruFocus' analysis, Vitreous Glass stock appears to be undervalued. The current stock price of C$6.25 is trading 24.5% below its estimated GF Value™ of C$8.28. GuruFocus considers Vitreous Glass to be Modestly Undervalued.

Key valuation signals for TSXV:VCI:

  • Pretax Margin %: 30.16% (near median its 10-year median of 32.46)
  • GF Value™: C$8.28 vs. price of C$6.25 (24.5% below fair value)
  • GF Score™: 82/100 with 1 warning sign
  • Industry Position: 540.3% above the Waste Management median (#15 of 239)

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


Vitreous Glass Business Description

Other Exchanges VCIGF:USA
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.
82GF Score

Get the complete analysis for TSXV:VCI

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

C$6.25
Price
C$8.28
GF Value