VCIGF (Vitreous Glass) Asset Turnover: 0.57 (As of Mar. 2026)


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 Asset Turnover?

Vitreous Glass VCIGF 79 Asset Turnover is 0.57 as of Mar. 2026. 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.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Vitreous Glass's Revenue for the three months ended in Mar. 2026 was $2.71 Mil. Vitreous Glass's Total Assets for the quarter that ended in Mar. 2026 was $4.79 Mil. Therefore, Vitreous Glass's Asset Turnover for the quarter that ended in Mar. 2026 was 0.57.

Asset Turnover is linked to ROE % through Du Pont Formula. Vitreous Glass's annualized ROE % for the quarter that ended in Mar. 2026 was 65.69%. It is also linked to ROA % through Du Pont Formula. Vitreous Glass's annualized ROA % for the quarter that ended in Mar. 2026 was 51.67%.


Vitreous Glass  (OTCPK:VCIGF) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Vitreous Glass's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=2.476/3.7695
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2.476 / 10.824)*(10.824 / 4.792)*(4.792/ 3.7695)
=Net Margin %*Asset Turnover*Equity Multiplier
=22.88 %*2.2588*1.2713
=ROA %*Equity Multiplier
=51.67 %*1.2713
=65.69 %

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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Vitreous Glass's annulized ROA % for the quarter that ended in Mar. 2026 is

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

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Vitreous Glass Asset Turnover Related Terms


Vitreous Glass Asset Turnover Historical Data

* Premium members only.

The historical data trend for Vitreous Glass's Asset Turnover 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 Asset Turnover Chart

Vitreous Glass Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.33 1.76 1.86 1.83 2.37

Vitreous Glass Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Asset Turnover 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 0.67 0.65 0.63 0.56 0.57

VCIGF vs WM, RSG, WCN: Asset Turnover Comparison

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

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

* The bar in red indicates where Vitreous Glass's Asset Turnover falls into.


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

Asset Turnover measures how quickly a company turns over its asset through sales.

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

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Sep. 2025 )/( (Total Assets (A: Sep. 2024 )+Total Assets (A: Sep. 2025 ))/ count )
=10.173/( (3.782+4.818)/ 2 )
=10.173/4.3
=2.37

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

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=2.706/( (4.628+4.956)/ 2 )
=2.706/4.792
=0.56

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.57 mean?
Vitreous Glass (VCIGF) has a Asset Turnover of 0.57 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Vitreous Glass and its competitors.
Is Vitreous Glass' Asset Turnover too high?
Vitreous Glass' current Asset Turnover is 0.57. 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' Asset Turnover compare to WM and RSG?
Vitreous Glass' Asset Turnover of 0.57 can be compared against companies in the Waste Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for a Waste Management company?
A good Asset Turnover depends on the Waste Management industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Vitreous Glass and its competitors. Vitreous Glass's current Asset Turnover is 0.57. 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 Asset Turnover is 0.57. 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 Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Vitreous Glass (VCIGF), the current Asset Turnover is 0.57 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:

  • Asset Turnover: 0.57
  • GF Value™: $5.96 vs. price of $4.61 (22.6% below fair value)
  • GF Score™: 79/100 with 1 warning sign

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

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

$4.61
Price
$5.96
GF Value