Vitreous GlassVCIGF 79 ROE % is 65.69% as of Mar. 2026, which is 20% above its 10-year median of 54.59. 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 234 Waste Management companies, Vitreous Glass ranks better than 98.29% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity 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 Stockholders Equity over the quarter that ended in Mar. 2026 was $3.77 Mil. Therefore, Vitreous Glass's annualized ROE % for the quarter that ended in Mar. 2026 was 65.69%.
The historical rank and industry rank for Vitreous Glass's ROE % or its related term are showing as below:
VCIGF'
s ROE % Range Over the Past 10 Years
Min: 42.63 Med: 54.59 Max: 80.33
Current: 74.88
During the past 13 years, Vitreous Glass's highest ROE % was 80.33%. The lowest was 42.63%. And the median was 54.59%.
VCIGF's ROE % is ranked better than 98.29% of 234
companies
in the Waste Management industry
Industry Median: 4.675
vs VCIGF: 74.88
Vitreous Glass (OTCPK:VCIGF) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
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. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
Vitreous Glass ROE % Related Terms
Vitreous Glass ROE % Historical Data
* Premium members only.
The historical data trend for Vitreous Glass's ROE % 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.
For the Waste Management subindustry, Vitreous Glass's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Waste Management Industry
For the Waste Management industry and Industrials sector, Vitreous Glass's ROE % distribution charts can be found below:
* The bar in red indicates where Vitreous Glass's ROE % falls into.
* 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 ROE %, the net income of the last fiscal year and the average total shareholder equity 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.
ROE % is displayed in the 30-year financial page.
Vitreous Glass (VCIGF) has a ROE % of 65.69% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Vitreous Glass and its competitors. This is 20% above median its historical median of 54.59. Over the past decade, Vitreous Glass' ROE % has ranged from 42.63 to 80.33. According to the industry distribution chart, Vitreous Glass ranks #4 out of 234 companies in the Waste Management industry, placing it in the top 1.7%.
Is Vitreous Glass' ROE % too high?
Vitreous Glass' current ROE % of 65.69% is 20% above median its 10-year median of 54.59. Over the past 10 years, this metric has ranged from a low of 42.63 to a high of 80.33. The Waste Management industry median ROE % is 4.68. Vitreous Glass' value of 65.69% is 1305.1% above this industry median. Based on the distribution chart, Vitreous Glass ranks #4 out of 234 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' ROE % compare to WM and RSG?
According to the Waste Management industry distribution chart, Vitreous Glass ranks #4 out of 234 companies for ROE %. This places Vitreous Glass in the top 2% of its industry — outperforming the majority of peers. The industry median ROE % is 4.68. Vitreous Glass' value of 65.69% is 1305.1% above this benchmark. Historically, Vitreous Glass' own ROE % has ranged from 42.63 to 80.33 over the past decade. While the company's 10-year median is 54.59 vs. the industry median of 4.68, 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 ROE % for a Waste Management company?
The median ROE % among Waste Management companies is 4.68, based on 234 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Vitreous Glass's current ROE % of 65.69% is 1305.1% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Vitreous Glass and its competitors. For the Waste Management industry, the median ROE % is 4.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vitreous Glass's current ROE % is 65.69%, which is 20% above median its own 10-year median of 54.59. 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 ROE % is 65.69%, which is 20% above median its 10-year median of 54.59 and 1305.1% above the Waste Management industry median of 4.68. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Vitreous Glass (VCIGF), the current ROE % is 65.69% 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:
ROE %: 65.69% (20% above median its 10-year median of 54.59)
GF Value™: $5.96 vs. price of $4.61 (22.6% below fair value)
Industry Position: 1305.1% above the Waste Management median (#4 of 234)
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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