Vecima Networks Inc. (VCM) - Net Assets

Latest as of December 2025: CA$212.15 Million CAD ≈ $153.47 Million USD

Based on the latest financial reports, Vecima Networks Inc. (VCM) has net assets worth CA$212.15 Million CAD (≈ $153.47 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$330.17 Million ≈ $238.84 Million USD) and total liabilities (CA$118.01 Million ≈ $85.37 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check VCM asset liquidity ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets CA$212.15 Million
% of Total Assets 64.26%
Annual Growth Rate 11.43%
5-Year Change 22.1%
10-Year Change 26.34%
Growth Volatility 23.4

Vecima Networks Inc. - Net Assets Trend (2003–2025)

This chart illustrates how Vecima Networks Inc.'s net assets have evolved over time, based on quarterly financial data. Also explore how large is Vecima Networks Inc.'s balance sheet for the complete picture of this company's asset base.

Annual Net Assets for Vecima Networks Inc. (2003–2025)

The table below shows the annual net assets of Vecima Networks Inc. from 2003 to 2025. For live valuation and market cap data, see VCM market cap overview.

Year Net Assets Change
2025-06-30 CA$213.57 Million
≈ $154.49 Million		 -9.10%
2024-06-30 CA$234.96 Million
≈ $169.97 Million		 +7.95%
2023-06-30 CA$217.65 Million
≈ $157.45 Million		 +21.10%
2022-06-30 CA$179.73 Million
≈ $130.02 Million		 +2.75%
2021-06-30 CA$174.92 Million
≈ $126.53 Million		 -2.69%
2020-06-30 CA$179.76 Million
≈ $130.04 Million		 -0.56%
2019-06-30 CA$180.77 Million
≈ $130.76 Million		 -4.50%
2018-06-30 CA$189.28 Million
≈ $136.93 Million		 +3.86%
2017-06-30 CA$182.24 Million
≈ $131.83 Million		 +7.81%
2016-06-30 CA$169.04 Million
≈ $122.28 Million		 +11.71%
2015-06-30 CA$151.32 Million
≈ $109.47 Million		 +8.50%
2014-06-30 CA$139.47 Million
≈ $100.89 Million		 +1.69%
2013-06-30 CA$137.15 Million
≈ $99.21 Million		 -2.21%
2012-06-30 CA$140.24 Million
≈ $101.45 Million		 +10.42%
2011-06-30 CA$127.01 Million
≈ $91.87 Million		 -0.13%
2010-06-30 CA$127.18 Million
≈ $92.00 Million		 -1.31%
2009-06-30 CA$128.86 Million
≈ $93.21 Million		 +11.12%
2008-06-30 CA$115.96 Million
≈ $83.89 Million		 +5.50%
2007-06-30 CA$109.92 Million
≈ $79.52 Million		 +43.87%
2006-06-30 CA$76.41 Million
≈ $55.27 Million		 +98.32%
2005-06-30 CA$38.53 Million
≈ $27.87 Million		 +35.42%
2004-06-30 CA$28.45 Million
≈ $20.58 Million		 +44.00%
2003-06-30 CA$19.76 Million
≈ $14.29 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Vecima Networks Inc.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 18185700000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (June 2025)

Component Amount Percentage
Retained Earnings CA$181.86 Million 85.15%
Common Stock CA$24.15 Million 11.31%
Other Comprehensive Income CA$7.56 Million 3.54%
Other Components CA$1.00 0.00%
Total Equity CA$213.57 Million 100.00%

Vecima Networks Inc. Competitors by Market Cap

The table below lists competitors of Vecima Networks Inc. ranked by their market capitalization.

Company Market Cap
Know IT AB
ST:KNOW
 $232.74 Million
Shanghai Jin Jiang International Hotels Development Co Ltd B
SHG:900934
 $232.75 Million
Z.M.H Hammerman Ltd
TA:ZMH
 $232.86 Million
Unitech Computer Co Ltd
TW:2414
 $232.87 Million
Sensortek Technology Corp
TWO:6732
 $232.69 Million
Perma-Fix Environmental Svcs Inc
NASDAQ:PESI
 $232.58 Million
Bangkok Land Public Company Limited
BK:BLAND
 $232.57 Million
Globaltek Fabrication Co Ltd
TW:4566
 $232.57 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Vecima Networks Inc.'s equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 234,960,000 to 213,569,000, a change of -21,391,000 (-9.1%).
  • Net loss of 17,762,000 reduced equity.
  • Dividend payments of 5,349,000 reduced retained earnings.
  • Share repurchases of 35,000 reduced equity.
  • Other comprehensive income increased equity by 1,684,999.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CA$-17.76 Million -8.32%
Dividends Paid CA$5.35 Million -2.5%
Share Repurchases CA$35.00K -0.02%
Other Comprehensive Income CA$1.68 Million +0.79%
Other Changes CA$70.00K +0.03%
Total Change CA$- -9.10%

Book Value vs Market Value Analysis

This analysis compares Vecima Networks Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 1.51x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 9.22x to 1.51x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2003-06-30 CA$1.43 CA$13.23 x
2004-06-30 CA$1.89 CA$13.23 x
2005-06-30 CA$2.04 CA$13.23 x
2006-06-30 CA$3.62 CA$13.23 x
2007-06-30 CA$4.86 CA$13.23 x
2008-06-30 CA$5.01 CA$13.23 x
2009-06-30 CA$5.62 CA$13.23 x
2010-06-30 CA$5.58 CA$13.23 x
2011-06-30 CA$5.69 CA$13.23 x
2012-06-30 CA$6.28 CA$13.23 x
2013-06-30 CA$6.14 CA$13.23 x
2014-06-30 CA$6.24 CA$13.23 x
2015-06-30 CA$6.75 CA$13.23 x
2016-06-30 CA$7.53 CA$13.23 x
2017-06-30 CA$8.12 CA$13.23 x
2018-06-30 CA$8.43 CA$13.23 x
2019-06-30 CA$8.08 CA$13.23 x
2020-06-30 CA$8.01 CA$13.23 x
2021-06-30 CA$7.69 CA$13.23 x
2022-06-30 CA$7.78 CA$13.23 x
2023-06-30 CA$9.17 CA$13.23 x
2024-06-30 CA$9.66 CA$13.23 x
2025-06-30 CA$8.78 CA$13.23 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Vecima Networks Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): -8.32%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -6.21%
  • • Asset Turnover: 0.86x
  • • Equity Multiplier: 1.55x
  • Recent ROE (-8.32%) is below the historical average (9.80%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2003 14.17% 8.72% 1.03x 1.58x CA$824.30K
2004 30.72% 19.72% 0.95x 1.64x CA$5.90 Million
2005 26.73% 16.34% 1.08x 1.52x CA$6.45 Million
2006 13.88% 13.26% 0.92x 1.14x CA$2.97 Million
2007 22.71% 26.63% 0.73x 1.17x CA$13.97 Million
2008 10.23% 9.84% 0.83x 1.25x CA$268.70K
2009 10.28% 11.59% 0.77x 1.15x CA$359.10K
2010 0.63% 0.71% 0.73x 1.22x CA$-11.91 Million
2011 0.23% 0.35% 0.58x 1.15x CA$-12.41 Million
2012 9.46% 13.86% 0.59x 1.16x CA$-758.40K
2013 13.97% 20.85% 0.59x 1.13x CA$5.45 Million
2014 17.64% 27.12% 0.58x 1.13x CA$10.65 Million
2015 10.00% 16.09% 0.56x 1.11x CA$4.60K
2016 13.00% 20.26% 0.58x 1.10x CA$5.06 Million
2017 9.90% 25.26% 0.37x 1.06x CA$-176.20K
2018 5.71% 13.83% 0.37x 1.11x CA$-8.13 Million
2019 -1.91% -4.07% 0.42x 1.11x CA$-21.54 Million
2020 1.00% 1.87% 0.46x 1.17x CA$-16.17 Million
2021 -0.19% -0.27% 0.58x 1.23x CA$-17.82 Million
2022 4.83% 4.65% 0.71x 1.46x CA$-9.28 Million
2023 12.50% 8.97% 0.91x 1.52x CA$5.45 Million
2024 8.25% 6.66% 0.75x 1.65x CA$-4.11 Million
2025 -8.32% -6.21% 0.86x 1.55x CA$-39.12 Million

Industry Comparison

This section compares Vecima Networks Inc.'s net assets metrics with peer companies in the Communication Equipment industry.

Industry Context

  • Industry: Communication Equipment
  • Average net assets among peers: $167,546,616
  • Average return on equity (ROE) among peers: -57.69%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Vecima Networks Inc. (VCM) CA$212.15 Million 14.17% 0.56x $232.70 Million
Bewhere Holdings Inc (BEW) $6.78 Million 15.47% 0.06x $51.67 Million
Baylin Technologies Inc (BYL) $48.86 Million -34.64% 1.73x $28.71 Million
C-Com Satellite Systems Inc. (CMI) $25.53 Million 6.55% 0.04x $28.43 Million
Enablence Technologies Inc (ENA) $-39.74 Million 0.00% 0.00x $57.16 Million
Evertz Technologies Limited (ET) $270.31 Million 37.26% 0.17x $882.95 Million
Ironman International Ltd. (IMI) $-169.76K 0.00% 0.00x $12.49 Million
Lite Access Technologies Inc (LTE) $598.15K -487.38% 5.03x $6.31 Million
Novra Technologies Inc (NVI) $806.13K -98.70% 9.01x $2.66 Million
Quarterhill Inc (QTRH) $269.50 Million -7.15% 0.33x $111.23 Million
Telesat Corp (TSAT) $1.09 Billion -8.32% 4.38x $701.13 Million

About Vecima Networks Inc.

TO:VCM Canada Communication Equipment
Market Cap
$232.70 Million
CA$321.68 Million CAD
Market Cap Rank
#15963 Global
#485 in Canada
Share Price
CA$13.23
Change (1 day)
+4.17%
52-Week Range
CA$8.95 - CA$13.38
All Time High
CA$22.68
Categories
Companies in Canada Communication Equipment Technology AI & Machine Learning
About

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… Read more