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StockVS

TSX · Communication Equipment · CAD

Vecima Networks Inc. (VCM.TO) Stock Analysis

Vecima Networks Inc. (VCM.TO) is a Communication Equipment stock listed on TSX and quoted in Canadian Dollar.

VCM.TO

CA$12.28

+CA$0.58 (+4.96%)

Sep 4, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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VCM.TO Key Statistics

As of Sep 4, 2026
Trading
Open
CA$11.73
Previous Close
CA$11.70
Day's Range
11.54–12.60
52-Week Range
9.30–14.49
Volume
3.90K
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
0.19
Valuation
Market Cap
CA$298.58M
P/E Ratio
unprofitable
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
9.16
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
1.07
EPS (ttm)Profit attributable to each share over the last twelve months.
−0.54
Financials (FY)
Revenue (FY)
CA$285.86M−1.78%
Net Income (FY)
−CA$17.76M−191.60%
Profit marginThe share of revenue left as profit after all costs and taxes.
−4.72%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
24.31M
1-Year Return
+31.93%
Dividend and dates
Dividend
CA$0.22+1.79%
Ex-Dividend Date
May 29, 2026
Earnings Date
September 24, 2026estimated
Avg Volume
2.71K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

VCM.TO Stock Return by Calendar Year

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)+17.83%
2025−32.68%
2024−1.32%
2023−14.65%
2022+37.28%
2021−1.87%
2020+45.72%
2019+30.02%
2018−12.03%
2017+5.09%
2016 (partial year)−10.90%

As of September 4, 2026.

VCM.TO Revenue and Earnings by Fiscal Year

FY ends June
Fiscal yearRevenueNet incomeNet margin
2025CA$285.86M−CA$17.76M−6.2%
2024CA$291.05MCA$19.39M6.7%
2023CA$303.44MCA$27.21M9.0%
2022CA$186.81MCA$8.69M4.7%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025CA$285.86MCA$109.42M−CA$2.23M−CA$17.76M−6.2%
2024CA$291.05MCA$141.62MCA$31.40MCA$19.39M6.7%
2023CA$303.44MCA$141.97MCA$36.40MCA$27.21M9.0%
2022CA$186.81MCA$89.96MCA$10.44MCA$8.69M4.7%

Annual figures as reported, in the company's reporting currency. As of June 30, 2025.

VCM.TO Dividend History

CA$0.22+0.0% vs 2024

Dividends per share, 2025 · 4 payments

YearDividends per sharePaymentsChange
2026*CA$0.112—
2025CA$0.224+0.0%
2024CA$0.224+0.0%
2023CA$0.224+0.0%
YearDividends per sharePaymentsChange
2026 (partial year)CA$0.112—
2025CA$0.224+0.0%
2024CA$0.224+0.0%
2023CA$0.224+0.0%
2022CA$0.224+0.0%
2021CA$0.224+0.0%
2020CA$0.224+0.0%
2019CA$0.224+0.0%
2018CA$0.224+0.0%
2017CA$0.224+100.0%
2016CA$0.112—

Most recent payment: CA$0.06 per share, ex-dividend May 29, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

VCM.TO Valuation vs Communication Equipment Median

Median of 52 stocks
MetricVCM.TOCommunication Equipment medianvs median
P/S ratio1.072.2252% below
Profit margin−4.72%−0.74%4.0 pts below

Medians across 52 Communication Equipment stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.

Analysis

Data-derived

Company Overview

Vecima Networks Inc. (VCM.TO) carries a market capitalisation of CA$298.58M. It is classified in the Communication Equipment industry, within the Technology sector. The company reports 612 employees.

The most recent close on file for VCM.TO is CA$12.28, dated September 4, 2026. That is +CA$0.58 (+4.96%) against the previous close. The 52-week range on file runs from CA$9.30 to CA$14.49. The latest close sits 32.04% above that 52-week low.

Financial Health

Fiscal 2025 revenue came to CA$285.86M. Against the prior fiscal year total of CA$291.05M, that is a change of −1.78%. The same year closed with a net loss of CA$17.76M. The reported profit margin is −4.72%. That is 4 percentage points below the Communication Equipment median of −0.74%. Trailing earnings per share are −0.54.

Across the 4 fiscal years on file, revenue moves from CA$186.81M in 2022 to CA$285.86M in 2025. Of those 4 years, 3 report positive net income.

Valuation Assessment

No trailing P/E applies: the last reported earnings figure is negative. The forward P/E on file is 9.16. The price-to-sales ratio is 1.07. On price-to-sales that is 51.79% below the Communication Equipment median of 2.22. The medians here are taken across 52 Communication Equipment companies that report the metric.

The reported beta is 0.19. Annualized volatility over the trailing 10 years is 28.58%. Over the trailing twelve months the price has returned +31.93%. Across 10 years the annualized return works out at +4.16%.

Growth & Income

Shareholders receive a dividend, yielding 1.79% on the latest price. That is 0.2 percentage points above the Communication Equipment median yield of 1.61%. At the indicated rate that is CA$0.22 a share a year. The ex-dividend date on file is May 29, 2026. Dividends are recorded for 11 calendar years; 2026 shows 2 payments totalling CA$0.11 a share. The year before, 2025, totalled CA$0.22 a share.

So far in 2026 the price is +17.83%. Across the complete calendar years on file, 2020 returned +45.72% and 2025 returned −32.68%. Of the 9 complete calendar years on file, 4 finished higher.

Peer Comparison

Vecima Networks Inc. (VCM.TO) operates in the Communication Equipment industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Vecima Networks Inc. VCM.TO CA$298.58M —
Cisco Systems, Inc. CSCO CA$430.53B 32.6
Lumentum Holdings Inc. LITE CA$79.05B —
Motorola Solutions, Inc. MSI CA$77.46B 37.2

The Communication Equipment industry average P/E ratio is 33.3x. Vecima Networks Inc. has no P/E ratio because it is not currently profitable.

Every figure above is read from this page's own data on each nightly rebuild. Informational only, not financial advice. As of September 4, 2026.

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About Vecima Networks Inc.

Vecima Networks Inc. engages in the development of integrated hardware and software solutions for broadband access, content delivery, and telematics. It operates through three segments: Video and Broadband Solutions, Content Delivery and Storage, and Telematics. The Video and Broadband Solutions segment offers platforms that process data from the cable network and deliver internet connectivity to homes over cable and fiber, as well as adapt video services. Its principal products include Terrace and Terrace QAM, which are designed to meet the needs of the business services verticals, such as multi- dwelling units, hotels, motels, and resorts; and Entra distributed access architecture platform comprising Entra Cloud, Entra Remote PHY, Entra Remote MACPHY, Entra vPON, Entra Video QAM, Entra cable access, EntraOptical, and EntraVideo that addresses the network migration from legacy architectures to distributed access architectures. The Content Delivery and Storage segment offers solutions and software for service providers and content owners that focuses on ingesting, producing, storing, delivering, and streaming video for live linear, video on demand, network digital video recorder, and time-shifted services over the internet under the MediaScale brand. The Telematics segment provides information and analytics for fleet managers to manage their mobile and fixed assets under the Contigo and Nero Global Tracking brand names. In also provides lifecycle program management; installation and commission; training and certification; workforce optimization; and operations and customer support services. The company was incorporated in 1988 and is headquartered in Victoria, Canada. Vecima Networks Inc. operates as a subsidiary of 684739 B.C. Ltd.

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