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Vitreous GlassTSXV:VCI +2.58%77 ROC (Joel Greenblatt) % is 159.86% as of Mar. 2026, which is 46% above its 10-year median of 109.47. GuruFocus rates TSXV:VCI with a GF Score™ of 77/100 and a GF Value™ of C$8.34 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 245 Waste Management companies, Vitreous Glass ranks better than 99.18% on this metric.
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Vitreous Glass's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 159.86%.
The historical rank and industry rank for Vitreous Glass's ROC (Joel Greenblatt) % or its related term are showing as below:
TSXV:VCI'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 66.22 Med: 109.47 Max: 183.5
Current: 183.5
During the past 13 years, Vitreous Glass's highest ROC (Joel Greenblatt) % was 183.50%. The lowest was 66.22%. And the median was 109.47%.
TSXV:VCI's ROC (Joel Greenblatt) % is ranked better than 99.18% of 245
companies
in the Waste Management industry
Industry Median: 11.43
vs TSXV:VCI: 183.50
Vitreous Glass's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 4.00% per year.
The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.
Vitreous Glass ROC (Joel Greenblatt) % Related Terms
Vitreous Glass ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Vitreous Glass's ROC (Joel Greenblatt) % 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.
TSXV:VCI vs WM, RSG, WCN: ROC (Joel Greenblatt) % Comparison
For the Waste Management subindustry, Vitreous Glass's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % 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 ROC (Joel Greenblatt) % vs Waste Management Industry
For the Waste Management industry and Industrials sector, Vitreous Glass's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Vitreous Glass's ROC (Joel Greenblatt) % falls into.
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:
EBIT stands for Earnings Before Interest and Taxes.
Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.
GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.
Note:
The EBIT data used here is four times the quarterly (Mar. 2026) EBIT 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.
What does a ROC (Joel Greenblatt) % of 159.86% mean?
Vitreous Glass (TSXV:VCI) has a ROC (Joel Greenblatt) % of 159.86% as of Mar. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Vitreous Glass and its competitors. This is 46% above median its historical median of 109.47. Over the past decade, Vitreous Glass' ROC (Joel Greenblatt) % has ranged from 66.22 to 183.50. According to the industry distribution chart, Vitreous Glass ranks #2 out of 245 companies in the Waste Management industry, placing it in the top 0.8%.
Is Vitreous Glass' ROC (Joel Greenblatt) % too high?
Vitreous Glass' current ROC (Joel Greenblatt) % of 159.86% is 46% above median its 10-year median of 109.47. Over the past 10 years, this metric has ranged from a low of 66.22 to a high of 183.50. The Waste Management industry median ROC (Joel Greenblatt) % is 11.43. Vitreous Glass' value of 159.86% is 1298.6% above this industry median. Based on the distribution chart, Vitreous Glass ranks #2 out of 245 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 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vitreous Glass' ROC (Joel Greenblatt) % compare to WM and RSG?
According to the Waste Management industry distribution chart, Vitreous Glass ranks #2 out of 245 companies for ROC (Joel Greenblatt) %. This places Vitreous Glass in the top 1% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.43. Vitreous Glass' value of 159.86% is 1298.6% above this benchmark. Historically, Vitreous Glass' own ROC (Joel Greenblatt) % has ranged from 66.22 to 183.50 over the past decade. While the company's 10-year median is 109.47 vs. the industry median of 11.43, 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 ROC (Joel Greenblatt) % for a Waste Management company?
The median ROC (Joel Greenblatt) % among Waste Management companies is 11.43, based on 245 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Vitreous Glass's current ROC (Joel Greenblatt) % of 159.86% is 1298.6% 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 ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Vitreous Glass and its competitors. For the Waste Management industry, the median ROC (Joel Greenblatt) % is 11.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vitreous Glass's current ROC (Joel Greenblatt) % is 159.86%, which is 46% above median its own 10-year median of 109.47. 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$8.34, compared to a current price of C$6.36 — trading 23.7% below its estimated fair value. The current ROC (Joel Greenblatt) % is 159.86%, which is 46% above median its 10-year median of 109.47 and 1298.6% above the Waste Management industry median of 11.43. Vitreous Glass' overall GF Score™ is 77/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Vitreous Glass (TSXV:VCI), the current ROC (Joel Greenblatt) % is 159.86% 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$6.36 is trading 23.7% below its estimated GF Value™ of C$8.34.
GuruFocus considers Vitreous Glass to be Modestly Undervalued.
Key valuation signals for TSXV:VCI:
ROC (Joel Greenblatt) %: 159.86% (46% above median its 10-year median of 109.47)
GF Value™: C$8.34 vs. price of C$6.36 (23.7% below fair value)
Industry Position: 1298.6% above the Waste Management median (#2 of 245)
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 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.
77GF Score
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