VECIMA NETWORKS INC (VCM.CA) Stock Fundamental Analysis
Canada - TSX:VCM - CA92241Y1016 - Common Stock
9.88 CAD
-0.11 (-1.1%)
Overall VCM gets a fundamental rating of 4 out of 10. We evaluated VCM against 13 industry peers in the Communications Equipment industry. The financial health of VCM is average, but there are quite some concerns on its profitability. VCM has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
VCM had negative earnings in the past year.
VCM had a positive operating cash flow in the past year.
In multiple years VCM reported negative net income over the last 5 years.
VCM had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
The Return On Assets of VCM (-5.35%) is comparable to the rest of the industry.
Looking at the Return On Equity, with a value of -8.32%, VCM is in the better half of the industry, outperforming 61.54% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -5.35% | ||
| ROE | -8.32% | ||
| 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
1.3 Margins
VCM has a Gross Margin of 38.28%. This is in the better half of the industry: VCM outperforms 61.54% of its industry peers.
In the last couple of years the Gross Margin of VCM has declined.
VCM does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 38.28% |
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%
2. Health
2.1 Basic Checks
VCM does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, VCM has about the same amount of shares outstanding.
VCM has more shares outstanding than it did 5 years ago.
VCM has a worse debt/assets ratio than last year.
2.2 Solvency
VCM has an Altman-Z score of 3.03. This indicates that VCM is financially healthy and has little risk of bankruptcy at the moment.
VCM has a better Altman-Z score (3.03) than 69.23% of its industry peers.
The Debt to FCF ratio of VCM is 3.04, which is a good value as it means it would take VCM, 3.04 years of fcf income to pay off all of its debts.
VCM has a better Debt to FCF ratio (3.04) than 76.92% of its industry peers.
A Debt/Equity ratio of 0.25 indicates that VCM is not too dependend on debt financing.
With a Debt to Equity ratio value of 0.25, VCM perfoms like the industry average, outperforming 46.15% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.25 | ||
| Debt/FCF | 3.04 | ||
| Altman-Z | 3.03 |
ROIC/WACCN/A
WACC9.66%
2.3 Liquidity
VCM has a Current Ratio of 1.53. This is a normal value and indicates that VCM is financially healthy and should not expect problems in meeting its short term obligations.
VCM has a better Current ratio (1.53) than 61.54% of its industry peers.
VCM has a Quick Ratio of 1.53. This is a bad value and indicates that VCM is not financially healthy enough and could expect problems in meeting its short term obligations.
VCM's Quick ratio of 0.38 is on the low side compared to the rest of the industry. VCM is outperformed by 84.62% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.53 | ||
| Quick Ratio | 0.38 |
3. Growth
3.1 Past
The earnings per share for VCM have decreased strongly by -121.95% in the last year.
VCM shows a decrease in Revenue. In the last year, the revenue decreased by -1.78%.
The Revenue has been growing by 24.67% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-121.95%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-114.71%
Revenue 1Y (TTM)-1.78%
Revenue growth 3Y15.24%
Revenue growth 5Y24.67%
Sales Q2Q%-21.35%
3.2 Future
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
Based on estimates for the next years, VCM will show a quite strong growth in Revenue. The Revenue will grow by 10.91% on average per year.
EPS Next Y482.96%
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year9.93%
Revenue Next 2Y10.91%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
VCM reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
VCM is valuated correctly with a Price/Forward Earnings ratio of 14.33.
Based on the Price/Forward Earnings ratio, VCM is valued cheaper than 100.00% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.27, VCM is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 14.33 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, VCM is valued a bit cheaper than 76.92% of the companies in the same industry.
84.62% of the companies in the same industry are more expensive than VCM, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.73 | ||
| EV/EBITDA | 11.78 |
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.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.22%, 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 4.29. VCM pays more dividend than 92.31% of the companies in the same industry.
VCM's Dividend Yield is comparable with the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.22% |
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
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-30.11%
EPS Next 2YN/A
EPS Next 3YN/A
TSX:VCM (11/4/2025, 7:00:00 PM)
9.88
-0.11 (-1.1%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryCommunications Equipment
Earnings (Last)
Earnings (Next)
Inst Owners13.12%
Inst Owner ChangeN/A
Ins Owners1.61%
Ins Owner ChangeN/A
Market Cap240.18M
Revenue(TTM)285.86M
Net Income(TTM)-17762000
Analysts80
Price Target16.32 (65.18%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.22% |
Yearly Dividend0.22
Dividend Growth(5Y)0.04%
DP-30.11%
Div Incr Years0
Div Non Decr Years10
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-120.05%
Min EPS beat(2)-152.11%
Max EPS beat(2)-88%
EPS beat(4)0
Avg EPS beat(4)-150.01%
Min EPS beat(4)-298.02%
Max EPS beat(4)-61.92%
EPS beat(8)2
Avg EPS beat(8)-54%
EPS beat(12)5
Avg EPS beat(12)-7.95%
EPS beat(16)9
Avg EPS beat(16)78.39%
Revenue beat(2)0
Avg Revenue beat(2)-7.33%
Min Revenue beat(2)-13.09%
Max Revenue beat(2)-1.56%
Revenue beat(4)0
Avg Revenue beat(4)-8.25%
Min Revenue beat(4)-14.45%
Max Revenue beat(4)-1.56%
Revenue beat(8)0
Avg Revenue beat(8)-5.02%
Revenue beat(12)3
Avg Revenue beat(12)-1.94%
Revenue beat(16)5
Avg Revenue beat(16)-1%
PT rev (1m)3.23%
PT rev (3m)3.23%
EPS NQ rev (1m)0%
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-37.58%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.19%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.84%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 14.33 | ||
| P/S | 0.84 | ||
| P/FCF | 11.73 | ||
| P/OCF | 4.4 | ||
| P/B | 1.12 | ||
| P/tB | 2.53 | ||
| EV/EBITDA | 11.78 |
EPS(TTM)-0.18
EYN/A
EPS(NY)0.69
Fwd EY6.98%
FCF(TTM)0.84
FCFY8.53%
OCF(TTM)2.25
OCFY22.74%
SpS11.76
BVpS8.79
TBVpS3.91
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -5.35% | ||
| ROE | -8.32% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 38.28% | ||
| FCFM | 7.16% |
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-Score4
Asset Turnover0.86
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.25 | ||
| Debt/FCF | 3.04 | ||
| Debt/EBITDA | 2.4 | ||
| Cap/Depr | 138.04% | ||
| Cap/Sales | 11.95% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | 242.93% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.53 | ||
| Quick Ratio | 0.38 | ||
| Altman-Z | 3.03 |
F-Score4
WACC9.66%
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)-121.95%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-114.71%
EPS Next Y482.96%
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-1.78%
Revenue growth 3Y15.24%
Revenue growth 5Y24.67%
Sales Q2Q%-21.35%
Revenue Next Year9.93%
Revenue Next 2Y10.91%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-107.41%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year319.12%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y174.9%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y1913.6%
OCF growth 3Y154.09%
OCF growth 5Y40.92%
VECIMA NETWORKS INC / VCM.CA 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 of VECIMA NETWORKS INC (VCM.CA) stock?
ChartMill assigns a valuation rating of 5 / 10 to VECIMA NETWORKS INC (VCM.CA). This can be considered as Fairly Valued.
How profitable is VECIMA NETWORKS INC (VCM.CA) stock?
VECIMA NETWORKS INC (VCM.CA) has a profitability rating of 2 / 10.
What is the earnings growth outlook for VECIMA NETWORKS INC?
The Earnings per Share (EPS) of VECIMA NETWORKS INC (VCM.CA) is expected to grow by 482.96% in the next year.
Can you provide the dividend sustainability for VCM stock?
The dividend rating of VECIMA NETWORKS INC (VCM.CA) is 6 / 10 and the dividend payout ratio is -30.11%.