Vecima Networks Inc.

VCM.TO (TSX: VCM) TSX
Sector: Technology · Industry: — · Exchange: TSX
13.19 -0.53 (-3.9%) Market cap: $320.7M
52-week range low 9.49 · Jan 20, 2026high 14.06 · May 27, 2026

At a glance

Price chart

Split- and dividend-adjusted. All three lines are rebased to 100 at the start of the range, so the chart compares moves, not prices. L marks a LONG plan, S a SHORT plan — each links to that session's day page.

PriceComposite (XIU.TO, proxy)Sector fund (iShares S&P/TSX Capped Information Technology Index ETF (XIT.TO))
VCM.TO price, 1M +3% +0% -12% Oct 13, 2026 Nov 12, 2026 Volume
VCM.TO price, 6M +37% +0% -19% May 13, 2026 Nov 12, 2026 Volume
VCM.TO price, 1Y +45% +0% -31% Nov 11, 2025 Nov 12, 2026 Volume
VCM.TO price, 5Y +72% +0% -63% Oct 8, 2024 Nov 12, 2026 Volume
Monthly closes (table version, last 5 years)
Monthly closes, adjusted
MonthClose
2024-1020.00
2024-1117.29
2024-1215.95
2025-0113.90
2025-0210.87
2025-039.60
2025-0410.00
2025-0510.15
2025-069.22
2025-0710.50
2025-089.75
2025-0910.24
2025-1010.09
2025-1110.00
2025-1210.51
2026-0110.09
2026-0212.15
2026-0313.11
2026-0412.70
2026-0513.99
2026-0613.09
2026-0712.99
2026-0811.86
2026-0913.38
2026-1013.25
2026-1113.19

The Composite is proxied by XIU.TO (iShares S&P/TSX 60 Index ETF); the database holds no Composite index series. The sector fund is a fund, never the index.

Performance

Over the past year the stock is up 32.0% against +20.0% for the Composite — 12.0 points ahead.

Returns by period; 3Y and 5Y are annualized
Metric1W1M3M6MYTD1Y3Y5Y
Stock+2.2%-1.5%+3.0%-1.3%+25.5%+32.0%——
Sector fund (XIT.TO)+6.4%-3.6%+3.3%+27.4%+3.9%+0.0%+20.0%+5.8%
Composite (XIU.TO, proxy)+1.8%+2.8%-0.1%+9.4%+16.1%+20.0%+22.0%+10.5%
Difference vs Composite+0.4%-4.3%+3.1%-10.8%+9.4%+12.0%——

3Y and 5Y are annualized from 3Y. The Composite is proxied by XIU.TO; the sector fund is iShares S&P/TSX Capped Information Technology Index ETF (XIT.TO).

Risk and trading

1-year volatility +32.6% (annualized); largest fall from a peak -20.4% (May 27, 2026 to Sep 10, 2026); beta 0.47 against the Composite (2Y weekly).

Risk and trading, prices to Nov 12, 2026
Volatility (1Y, annualized)+32.6%
Maximum drawdown (1Y)-20.4% (May 27, 2026 to Sep 10, 2026)
Beta (2Y weekly, vs Composite)0.47
Average daily volume (3M)5,588
Dollar volume (3M, average per day)$73K
LiquidityLow (High: $1M or more a day; Moderate: $100K or more; Low: under $100K, by average daily dollar volume.)

Valuation

P/E 66.0 — lower than 14% of Technology peers (57 companies). The sector median P/E is 27.5.

Valuation multiples, snapshot Nov 12, 2026
MultipleValueAgainst sector peers
P/E (TTM)66.0 Lower than 14% of peers (57 companies; median 27.5)
Earnings yield1.52%—
P/B1.48 Lower than 67% of peers (66 companies; median 5.23)
P/SNot available: Not available — needs TTM revenue; see financials.—
EV/EBITDA16.6 Lower than 50% of peers (38 companies; median 18.1)
Dividend yield1.60%—
Payout ratioNot available: Not available — no stored dividend history yet.—

Each multiple is shown against the sector median of the pages' universe as a percentile: "lower than 25% of peers" means the value sits below 25% of them. Valuation multiples are from the Nov 12, 2026 snapshot, and are always printed with that date.

More: dividend rate and earnings yield

Dividend rate: 0.220. Earnings yield is earnings per share divided by price — the inverse of P/E.

Financials

Revenue $285.9M in 2025; net income -$17.8M; free cash flow $20.5M. Reporting currency: CAD.

Annual figures, last 4 fiscal years, plus TTM
Metric2022202320242025TTM
Revenue$285.9M$285.9M$285.9M$285.9M—
Gross margin38.3%38.3%38.3%38.3%—
Net income-$17.8M-$17.8M-$17.8M-$17.8M—
Free cash flow$20.5M$20.5M$20.5M$20.5M—
Diluted shares24,314,59424,314,59424,314,59424,314,594—

Revenue by year

2022202320242025

Free cash flow by year

2022202320242025
Balance sheet, latest annual row
Cash$3.4M
Total debt$62.2M
Debt-to-equity0.29
Operating margin (latest snapshot, Nov 12, 2026)6.1%

Figures as reported in stored financials; reporting currency CAD. Operating margin is not stored per year, so the latest snapshot value is shown. No TTM figure: the latest stored quarter is past the freshness limit.

Dividends and splits

Pays a 1.60% trailing dividend yield (as of Nov 12, 2026). No splits on record.

Dividend history, last 5 years
YearDividend per share
Not available: No stored dividend history yet.

Trailing yield 1.60% is the stored key-stats snapshot value (as of Nov 12, 2026) — the dividend history itself is not stored yet, so no history table is shown.

Split history (from the split inventory)
DateActionRatio
Not available: No splits on record for this ticker.

Next ex-dividend date: Not available: No stored ex-dividend dates for equities. Prices on the chart are split- and dividend-adjusted (no splits on record, so nothing to adjust).

Ownership and dilution

Insiders bought 0 times and sold 0 times in the 90 days to Nov 12, 2026. Shares outstanding grew 0.0% over 1 year.

Ownership, insider window 2026-08-14 to 2026-11-12
Insider buys (90 days)0
Insider sell (90 days)0
Shares outstanding change (1Y)0.0%
Shares outstanding change (3Y)0.0%
Held by insiders57.29%
Held by institutions15.03%

Counts are by filing date. Holdings are from the key-stats snapshot (as of Nov 12, 2026).

No insider trades stored for this ticker.

Peers

Peers in Technology, by market cap: AAPL.TO, NVDA.TO, MSFT.TO, ASML.TO, NOWS.TO, PLTR.TO, INTC.TO, AMAT.TO.

Peers in Technology, by market cap (prices to Nov 12, 2026)
TickerPrice1Y %Market capP/EEV/EBITDADiv yield1Y vol
AAPL.TO49.73+26.1%$6739.43B39.884.70.30%+25.0%
NVDA.TO36.91-16.3%$5150.12B20.925.60.31%+38.2%
MSFT.TO36.37+0.1%$5050.95B27.331.60.70%+33.7%
ASML.TO44.15+54.4%$773.16B38.1——+49.1%
NOWS.TO12.78—$681.79B75.2——+69.9%
PLTR.TO12.89—$564.63B117.2——+61.5%
INTC.TO34.24—$423.13B———+88.8%
AMAT.TO41.91—$412.50B32.5——+68.9%

Each row links to its own page when one exists. Peer 1Y returns and volatility use raw closes; peer splits are unadjusted.

analiti.ca history

No published plans for this ticker.

Every published plan for this ticker (outcome under the full ladder; first exit shown second)
DateSideEntryStopFirst exitExitsOutcome (full ladder)First exitHold
Not available: No published plans for this ticker.

The full ladder is the headline method: 40/30/20% at the three exits, the last slice held to stop or end. First exit credits the whole position at the first exit level. Full history: the track record.

Superstock score

No Superstock score published for this ticker. The score is the published Superstock screen score — nothing else.

Sector condition: Technology — Lagging (as of Nov 5, 2026). Superstock screen.

Key dates

Next earningsNot available: No company release or exchange notice in the stored data — stored dates are Yahoo-sourced, so none is shown.
Last earningsNot available: No earnings date stored.
Next ex-dividendNot available: No stored ex-dividend dates for equities.

The next earnings date is shown only from the company's own release or an exchange notice, with a link. The stored last-earnings date is Yahoo-sourced.

Sources and data notes

BlockSourceAs of
prices, chart, performance, riskdaily_prices (Yahoo)Nov 12, 2026
valuation, market cap, ownershipyahoo_key_stats snapshotNov 12, 2026
financialsfinancials (Yahoo)Mar 31, 2026
plans, resolutionspublished entries-*.json + track-record.jsonNov 12, 2026
insidersinsider_trades (SEDI filings)Nov 12, 2026
splitsSplit inventory (interim table)Nov 5, 2026
sector conditionconditions-2026-11-05.jsonNov 5, 2026
Superstock scoresuperstock_checks + superstock.jsonNov 12, 2026

Not available rules. A field older than its freshness limit shows "not available", never a stale number: prices, 3 trading days; fundamentals, 120 days after the fiscal period end plus 45 days. Valuation multiples are always printed with their snapshot date.

Data file: /data/t/VCM.TO.json · Markdown twin: /t/VCM.TO.md

Facts and published history only. Plans are generated by a quant model.