VCIGF (Vitreous Glass) ROA %: 51.67% (As of Mar. 2026) — 21% Above 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 ROA %?

Vitreous Glass VCIGF 79 ROA % is 51.67% as of Mar. 2026, which is 21% above its 10-year median of 42.68. 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 249 Waste Management companies, Vitreous Glass ranks better than 99.6% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Vitreous Glass's annualized Net Income for the quarter that ended in Mar. 2026 was $2.48 Mil. Vitreous Glass's average Total Assets over the quarter that ended in Mar. 2026 was $4.79 Mil. Therefore, Vitreous Glass's annualized ROA % for the quarter that ended in Mar. 2026 was 51.67%.

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

VCIGF' s ROA % Range Over the Past 10 Years
Min: 33.94   Med: 42.68   Max: 63.36
Current: 57.13

During the past 13 years, Vitreous Glass's highest ROA % was 63.36%. The lowest was 33.94%. And the median was 42.68%.

VCIGF's ROA % is ranked better than
99.6% of 249 companies
in the Waste Management industry
Industry Median: 1.54 vs VCIGF: 57.13

Vitreous Glass  (OTCPK:VCIGF) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=2.476/4.792
=(Net Income / Revenue)*(Revenue / Total Assets)
=(2.476 / 10.824)*(10.824 / 4.792)
=Net Margin %*Asset Turnover
=22.88 %*2.2588
=51.67 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.

* 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.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Vitreous Glass ROA % Related Terms


Vitreous Glass ROA % Historical Data

* Premium members only.

The historical data trend for Vitreous Glass's ROA % 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 ROA % Chart

Vitreous Glass Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 64.78 39.81 46.19 45.49 52.86

Vitreous Glass Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROA % 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 59.47 58.81 65.32 54.80 51.67

VCIGF vs WM, RSG, WCN: ROA % Comparison

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

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

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


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

Vitreous Glass's annualized ROA % for the fiscal year that ended in Sep. 2025 is calculated as:

ROA %=Net Income (A: Sep. 2025 )/( (Total Assets (A: Sep. 2024 )+Total Assets (A: Sep. 2025 ))/ count )
=2.273/( (3.782+4.818)/ 2 )
=2.273/4.3
=52.86 %

Vitreous Glass's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=2.476/( (4.628+4.956)/ 2 )
=2.476/4.792
=51.67 %

* 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.

In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Mar. 2026) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 51.67% mean?
Vitreous Glass (VCIGF) has a ROA % of 51.67% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Vitreous Glass and its competitors. This is 21% above median its historical median of 42.68. Over the past decade, Vitreous Glass' ROA % has ranged from 33.94 to 63.36. According to the industry distribution chart, Vitreous Glass ranks #1 out of 249 companies in the Waste Management industry, placing it in the top 0.40000000000001%.
Is Vitreous Glass' ROA % too high?
Vitreous Glass' current ROA % of 51.67% is 21% above median its 10-year median of 42.68. Over the past 10 years, this metric has ranged from a low of 33.94 to a high of 63.36. The Waste Management industry median ROA % is 1.54. Vitreous Glass' value of 51.67% is 3255.2% above this industry median. Based on the distribution chart, Vitreous Glass ranks #1 out of 249 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' ROA % compare to WM and RSG?
According to the Waste Management industry distribution chart, Vitreous Glass ranks #1 out of 249 companies for ROA %. This places Vitreous Glass in the top 0% of its industry — outperforming the majority of peers. The industry median ROA % is 1.54. Vitreous Glass' value of 51.67% is 3255.2% above this benchmark. Historically, Vitreous Glass' own ROA % has ranged from 33.94 to 63.36 over the past decade. While the company's 10-year median is 42.68 vs. the industry median of 1.54, 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 ROA % for a Waste Management company?
The median ROA % among Waste Management companies is 1.54, based on 249 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Vitreous Glass's current ROA % of 51.67% is 3255.2% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Vitreous Glass and its competitors. For the Waste Management industry, the median ROA % is 1.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vitreous Glass's current ROA % is 51.67%, which is 21% above median its own 10-year median of 42.68. 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 ROA % is 51.67%, which is 21% above median its 10-year median of 42.68 and 3255.2% above the Waste Management industry median of 1.54. 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 ROA % calculated?
ROA % is calculated from a company's financial statements. For Vitreous Glass (VCIGF), the current ROA % is 51.67% 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:

  • ROA %: 51.67% (21% above median its 10-year median of 42.68)
  • GF Value™: $5.96 vs. price of $4.61 (22.6% below fair value)
  • GF Score™: 79/100 with 1 warning sign
  • Industry Position: 3255.2% above the Waste Management median (#1 of 249)

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

Get the complete analysis for VCIGF

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

$4.61
Price
$5.96
GF Value