VECIMA NETWORKS INC (VCM.CA) Fundamental Analysis & Valuation

TSX:VCM • CA92241Y1016

Current stock price

12.4 CAD
+0.01 (+0.08%)
Last:

This VCM.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

3

1. VCM.CA Profitability Analysis

1.1 Basic Checks

  • In the past year VCM was profitable.
  • In the past year VCM had a positive cash flow from operations.
  • The reported net income has been mixed in the past 5 years: VCM reported negative net income in multiple years.
  • Of the past 5 years VCM 4 years had a positive operating cash flow.
VCM.CA Yearly Net Income VS EBIT VS OCF VS FCFVCM.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20M -20M 40M

1.2 Ratios

  • The Return On Assets of VCM (-3.55%) is better than 61.54% of its industry peers.
  • With a decent Return On Equity value of -5.52%, VCM is doing good in the industry, outperforming 61.54% of the companies in the same industry.
Industry RankSector Rank
ROA -3.55%
ROE -5.52%
ROIC N/A
ROA(3y)2.62%
ROA(5y)2.2%
ROE(3y)4.14%
ROE(5y)3.42%
ROIC(3y)N/A
ROIC(5y)N/A
VCM.CA Yearly ROA, ROE, ROICVCM.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5 -5 10

1.3 Margins

  • VCM has a Gross Margin of 40.48%. This is in the better half of the industry: VCM outperforms 61.54% of its industry peers.
  • VCM's Gross Margin has declined in the last couple of years.
  • VCM does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 40.48%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-7.55%
GM growth 5Y-6.99%
VCM.CA Yearly Profit, Operating, Gross MarginsVCM.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 40

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ROAROEROICOperating and Profit MarginShow most profitable peers

3

2. VCM.CA Health Analysis

2.1 Basic Checks

  • VCM does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • VCM has about the same amout of shares outstanding than it did 1 year ago.
  • The number of shares outstanding for VCM has been increased compared to 5 years ago.
  • Compared to 1 year ago, VCM has a worse debt to assets ratio.
VCM.CA Yearly Shares OutstandingVCM.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5M 10M 15M 20M
VCM.CA Yearly Total Debt VS Total AssetsVCM.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M

2.2 Solvency

  • VCM has an Altman-Z score of 3.33. This indicates that VCM is financially healthy and has little risk of bankruptcy at the moment.
  • VCM has a better Altman-Z score (3.33) than 61.54% of its industry peers.
  • VCM has a Debt/Equity ratio of 0.27. This is a healthy value indicating a solid balance between debt and equity.
  • VCM has a Debt to Equity ratio (0.27) which is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.27
Debt/FCF N/A
Altman-Z 3.33
ROIC/WACCN/A
WACC10.06%
VCM.CA Yearly LT Debt VS Equity VS FCFVCM.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 50M 100M 150M 200M

2.3 Liquidity

  • A Current Ratio of 1.54 indicates that VCM should not have too much problems paying its short term obligations.
  • VCM has a Current ratio of 1.54. This is in the better half of the industry: VCM outperforms 61.54% of its industry peers.
  • A Quick Ratio of 0.43 indicates that VCM may have some problems paying its short term obligations.
  • VCM's Quick ratio of 0.43 is on the low side compared to the rest of the industry. VCM is outperformed by 92.31% of its industry peers.
Industry RankSector Rank
Current Ratio 1.54
Quick Ratio 0.43
VCM.CA Yearly Current Assets VS Current LiabilitesVCM.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M 200M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. VCM.CA Growth Analysis

3.1 Past

  • VCM shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -86.05%.
  • VCM shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -13.47%.
  • VCM shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 24.67% yearly.
EPS 1Y (TTM)-86.05%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%116%
Revenue 1Y (TTM)-13.47%
Revenue growth 3Y15.24%
Revenue growth 5Y24.67%
Sales Q2Q%3.51%

3.2 Future

  • The Earnings Per Share is expected to grow by 191.38% on average over the next years. This is a very strong growth
  • VCM is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 13.47% yearly.
EPS Next Y273.94%
EPS Next 2Y191.38%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year4.82%
Revenue Next 2Y13.47%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

  • Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
VCM.CA Yearly Revenue VS EstimatesVCM.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 100M 200M 300M
VCM.CA Yearly EPS VS EstimatesVCM.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 0.5 1

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Find the best growth stocksShow best growing peers

5

4. VCM.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • VCM is valuated quite expensively with a Price/Earnings ratio of 206.67.
  • Based on the Price/Earnings ratio, VCM is valued a bit cheaper than 69.23% of the companies in the same industry.
  • VCM is valuated expensively when we compare the Price/Earnings ratio to 25.70, which is the current average of the S&P500 Index.
  • VCM is valuated reasonably with a Price/Forward Earnings ratio of 10.61.
  • Based on the Price/Forward Earnings ratio, VCM is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 23.84, VCM is valued rather cheaply.
Industry RankSector Rank
PE 206.67
Fwd PE 10.61
VCM.CA Price Earnings VS Forward Price EarningsVCM.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 50 100 150 200

4.2 Price Multiples

  • 76.92% of the companies in the same industry are more expensive than VCM, based on the Enterprise Value to EBITDA ratio.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 13.05
VCM.CA Per share dataVCM.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 2 4 6 8 10

4.3 Compensation for Growth

  • The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • VCM's earnings are expected to grow with 191.38% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.75
PEG (5Y)N/A
EPS Next 2Y191.38%
EPS Next 3YN/A

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

6

5. VCM.CA Dividend Analysis

5.1 Amount

  • With a Yearly Dividend Yield of 1.85%, VCM has a reasonable but not impressive dividend return.
  • VCM's Dividend Yield is rather good when compared to the industry average which is at 0.94. VCM pays more dividend than 84.62% of the companies in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.82, VCM has a dividend comparable with the average S&P500 company.
Industry RankSector Rank
Dividend Yield 1.85%

5.2 History

  • The dividend of VCM has a limited annual growth rate of 0.04%.
  • VCM has been paying a dividend for at least 10 years, so it has a reliable track record.
  • VCM has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)0.04%
Div Incr Years0
Div Non Decr Years10
VCM.CA Yearly Dividends per shareVCM.CA Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.05 0.1 0.15 0.2

5.3 Sustainability

  • VCM has negative earnings and hence a negative payout ratio. The dividend may be in danger.
  • VCM's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP-45.7%
EPS Next 2Y191.38%
EPS Next 3YN/A
VCM.CA Yearly Income VS Free CF VS DividendVCM.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20M -20M

More info and screens

Find the best dividend stocksShow peers with best dividend

VCM.CA Fundamentals: All Metrics, Ratios and Statistics

VECIMA NETWORKS INC

TSX:VCM (3/13/2026, 7:00:00 PM)

12.4

+0.01 (+0.08%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryCommunications Equipment
Earnings (Last)02-12
Earnings (Next)05-13
Inst Owners15.44%
Inst Owner ChangeN/A
Ins Owners1.42%
Ins Owner ChangeN/A
Market Cap301.44M
Revenue(TTM)277.53M
Net Income(TTM)-11.71M
Analysts80
Price Target18.36 (48.06%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 1.85%
Yearly Dividend0.22
Dividend Growth(5Y)0.04%
DP-45.7%
Div Incr Years0
Div Non Decr Years10
Ex-Date02-27
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)54.51%
Min EPS beat(2)-45.99%
Max EPS beat(2)155.01%
EPS beat(4)1
Avg EPS beat(4)-32.77%
Min EPS beat(4)-152.11%
Max EPS beat(4)155.01%
EPS beat(8)1
Avg EPS beat(8)-63.45%
EPS beat(12)4
Avg EPS beat(12)-19.12%
EPS beat(16)8
Avg EPS beat(16)31.86%
Revenue beat(2)2
Avg Revenue beat(2)2.35%
Min Revenue beat(2)0.78%
Max Revenue beat(2)3.91%
Revenue beat(4)2
Avg Revenue beat(4)-2.49%
Min Revenue beat(4)-13.09%
Max Revenue beat(4)3.91%
Revenue beat(8)2
Avg Revenue beat(8)-4.33%
Revenue beat(12)3
Avg Revenue beat(12)-2.86%
Revenue beat(16)7
Avg Revenue beat(16)0.2%
PT rev (1m)3.85%
PT rev (3m)9.09%
EPS NQ rev (1m)477.8%
EPS NQ rev (3m)477.8%
EPS NY rev (1m)-13.89%
EPS NY rev (3m)-13.89%
Revenue NQ rev (1m)9.36%
Revenue NQ rev (3m)9.36%
Revenue NY rev (1m)1.14%
Revenue NY rev (3m)1.14%
Valuation
Industry RankSector Rank
PE 206.67
Fwd PE 10.61
P/S 1.09
P/FCF N/A
P/OCF 10.57
P/B 1.42
P/tB 3.34
EV/EBITDA 13.05
EPS(TTM)0.06
EY0.48%
EPS(NY)1.17
Fwd EY9.42%
FCF(TTM)-0.3
FCFYN/A
OCF(TTM)1.17
OCFY9.46%
SpS11.42
BVpS8.73
TBVpS3.71
PEG (NY)0.75
PEG (5Y)N/A
Graham Number3.43
Profitability
Industry RankSector Rank
ROA -3.55%
ROE -5.52%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 40.48%
FCFM N/A
ROA(3y)2.62%
ROA(5y)2.2%
ROE(3y)4.14%
ROE(5y)3.42%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-7.55%
GM growth 5Y-6.99%
F-Score2
Asset Turnover0.84
Health
Industry RankSector Rank
Debt/Equity 0.27
Debt/FCF N/A
Debt/EBITDA 2.26
Cap/Depr 132.04%
Cap/Sales 12.88%
Interest Coverage N/A
Cash Conversion 111.16%
Profit Quality N/A
Current Ratio 1.54
Quick Ratio 0.43
Altman-Z 3.33
F-Score2
WACC10.06%
ROIC/WACCN/A
Cap/Depr(3y)134.86%
Cap/Depr(5y)132.21%
Cap/Sales(3y)10.32%
Cap/Sales(5y)11.68%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-86.05%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%116%
EPS Next Y273.94%
EPS Next 2Y191.38%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-13.47%
Revenue growth 3Y15.24%
Revenue growth 5Y24.67%
Sales Q2Q%3.51%
Revenue Next Year4.82%
Revenue Next 2Y13.47%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-105.22%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year274.84%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y71.4%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y678.01%
OCF growth 3Y154.09%
OCF growth 5Y40.92%

VECIMA NETWORKS INC / VCM.CA Fundamental Analysis FAQ

Can you provide the ChartMill fundamental rating for VECIMA NETWORKS INC?

ChartMill assigns a fundamental rating of 4 / 10 to VCM.CA.


What is the valuation status for VCM stock?

ChartMill assigns a valuation rating of 5 / 10 to VECIMA NETWORKS INC (VCM.CA). This can be considered as Fairly Valued.


What is the profitability of VCM stock?

VECIMA NETWORKS INC (VCM.CA) has a profitability rating of 3 / 10.


What are the PE and PB ratios of VECIMA NETWORKS INC (VCM.CA) stock?

The Price/Earnings (PE) ratio for VECIMA NETWORKS INC (VCM.CA) is 206.67 and the Price/Book (PB) ratio is 1.42.


Can you provide the financial health for VCM stock?

The financial health rating of VECIMA NETWORKS INC (VCM.CA) is 3 / 10.