Vecima Networks Financials

VCM Stock  CAD 16.85  0.25  1.46%   
You can harness fundamental analysis to find out if Vecima Networks is mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We have collected data for thirty-five available drivers for Vecima Networks, which can be compared to its competition. The stock experiences a somewhat bearish sentiment, but the market may correct it shortly. Check odds of Vecima Networks to be traded at C$16.34 in 90 days. Key indicators impacting Vecima Networks' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.290.2757
Sufficiently Up
Slightly volatile
Current Ratio1.561.6393
Notably Down
Slightly volatile
  

Vecima Networks Stock Summary

Vecima Networks competes with Evertz Technologies, Firan Technology, Tucows, Computer Modelling, and Information Services. Vecima Networks Inc. provides technology solutions that empower network service providers to connect people and enterprises to information and entertainment worldwide. The company was founded in 1988 and is headquartered in Victoria, Canada. VECIMA NETWORKS operates under Communication Equipment classification in Canada and is traded on Toronto Stock Exchange. It employs 0 people.
Foreign Associate
  Germany
Specialization
Information Technology, Technology Hardware & Equipment
InstrumentCanada Stock View All
ExchangeToronto Exchange
ISINCA92241Y1016
Business Address771 Vanalman Avenue,
SectorCommunications Equipment
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitevecima.com
Phone(250) 881 1982
CurrencyCAD - Canadian Dollar
You should never invest in Vecima Networks without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Vecima Stock, because this is throwing your money away. Analyzing the key information contained in Vecima Networks' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Vecima Networks Key Financial Ratios

Vecima Networks' financial ratios allow both analysts and investors to convert raw data from Vecima Networks' financial statements into concise, actionable information that can be used to evaluate the performance of Vecima Networks over time and compare it to other companies across industries.

Vecima Networks Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets210.3M214.7M262.6M331.7M387.8M407.2M
Net Debt(11.0M)(23.2M)4.0M34.6M67.4M70.8M
Cash17.4M28.9M12.9M2.3M2.1M2.0M
Other Assets78.3M88.0M92.7M108.5M124.8M65.0M
Total Liab30.5M39.8M82.9M114.0M152.9M160.5M
Total Current Assets79.7M77.7M121.5M178.5M217.6M228.5M
Other Current Liab11.0M17.4M27.4M29.9M23.6M24.8M
Retained Earnings170.7M165.3M168.9M190.9M205.0M138.7M
Accounts Payable6.6M6.2M21.4M19.3M36.3M38.2M
Net Receivables25.9M29.7M51.7M60.9M72.8M76.4M
Inventory17.2M15.6M49.6M101.6M136.0M142.8M
Other Current Assets3.5M3.5M7.3M14.3M6.6M7.0M
Short Term Debt1.7M1.6M1.8M22.8M54.2M56.9M
Intangible Assets69.2M72.2M75.9M83.0M8.2M7.8M
Good Will15.5M14.5M14.8M15.0M15.3M7.7M
Common Stock3.2M7.3M7.9M24.0M24.1M25.3M
Other Liab1.5M2.8M4.8M5.1M5.9M6.2M
Net Tangible Assets143.2M143.4M150.5M191.0M219.6M168.2M
Long Term Debt1.5M4.1M15.1M12.9M11.8M5.9M
Short Long Term Debt1.7M1.6M1.8M22.8M53.0M55.7M
Long Term Debt Total4.6M4.1M15.1M14.1M16.2M17.1M

Vecima Networks Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense297K224K301K2.4M7.1M7.5M
Total Revenue96.4M124.2M186.8M303.4M291.0M305.6M
Gross Profit52.3M56.6M90.0M142.0M136.7M143.5M
Operating Income223K(1.2M)9.4M33.3M29.6M31.1M
Ebit3.0M(4.0M)11.2M35.9M27.5M14.5M
Research Development22.2M26.2M36.6M46.0M44.2M46.4M
Ebitda19.0M10.8M29.0M55.9M49.8M52.3M
Cost Of Revenue44.1M67.5M96.9M161.5M154.4M162.1M
Income Before Tax2.2M(4.1M)11.0M33.6M20.5M14.8M
Net Income1.8M(331K)8.7M27.2M19.4M13.0M
Income Tax Expense390K(1.9M)2.4M6.4M1.1M1.1M
Tax Provision390K(1.9M)2.4M6.4M1.1M2.0M
Interest Income1.8M3.0M1.7M1.7M12K11.4K
Net Interest Income633K69K(272K)(2.4M)(7.1M)(6.8M)

Vecima Networks Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(2.5M)11.6M(16.0M)(10.6M)(142K)(134.9K)
Free Cash Flow(3.5M)1.4M(19.9M)(37.4M)(27.3M)(26.0M)
Other Non Cash Items(807K)63K238K(944K)(775.0K)(813.7K)
Capital Expenditures13.4M18.6M23.3M26.4M30.1M31.6M
Net Income1.8M(2.2M)8.7M27.2M19.4M12.1M
End Period Cash Flow17.4M28.9M12.9M2.3M2.1M2.0M
Depreciation16.2M14.8M17.8M20.0M22.3M23.4M
Change To Inventory(4.3M)4.5M(33.4M)(51.3M)(33.7M)(32.1M)
Investments(6.0M)17.2M(23.3M)(26.4M)(26.2M)(24.9M)
Net Borrowings(1.9M)(1.8M)10.6M18.5M21.3M22.4M
Change To Netincome(91K)(2.1M)2.9M6.5M7.5M7.9M

Vecima Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Vecima Networks's current stock value. Our valuation model uses many indicators to compare Vecima Networks value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Vecima Networks competition to find correlations between indicators driving Vecima Networks's intrinsic value. More Info.
Vecima Networks is rated first in return on equity category among its peers. It is rated first in return on asset category among its peers reporting about  0.62  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Vecima Networks is roughly  1.62 . At this time, Vecima Networks' Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Vecima Networks by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Vecima Networks' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

Vecima Networks Systematic Risk

Vecima Networks' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Vecima Networks volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Vecima Networks correlated with the market. If Beta is less than 0 Vecima Networks generally moves in the opposite direction as compared to the market. If Vecima Networks Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Vecima Networks is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Vecima Networks is generally in the same direction as the market. If Beta > 1 Vecima Networks moves generally in the same direction as, but more than the movement of the benchmark.

Vecima Networks Total Assets Over Time

Today, most investors in Vecima Networks Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Vecima Networks' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Vecima Networks growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.82)

At this time, Vecima Networks' Price Earnings To Growth Ratio is very stable compared to the past year.

Vecima Networks December 11, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Vecima Networks help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Vecima Networks. We use our internally-developed statistical techniques to arrive at the intrinsic value of Vecima Networks based on widely used predictive technical indicators. In general, we focus on analyzing Vecima Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Vecima Networks's daily price indicators and compare them against related drivers.

Other Information on Investing in Vecima Stock

Vecima Networks financial ratios help investors to determine whether Vecima Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Vecima with respect to the benefits of owning Vecima Networks security.