Added to YB: 2025-04-11
Pitch date: 2025-04-04
VLN.TO [bullish]
Velan Inc.
+31.83%
current return
Author Info
No bio for this author
Company Info
Velan Inc. designs, manufactures, and markets industrial valves worldwide. The company offers quarter-turn valves; gate, globe, and check valves; API 600 cast steel gate, globe, and check valves; corrosion-resistant steel gate, globe, and check valves; API 602 small forged gate, globe, and check valves; API 6D/API 6A through conduit and double expanding gate valves; large forged pressure seal and bolted bonnet gate, globe, and check valves; y-pattern valves; Proquip dual-plate check valves; API 6D/API 6A non slam and swing check valves; quarter-turn valves; resilient-seated ball valves; Securaseal metal-seated ball valves; Coker ball valves; API 6D/API 6A pipeline ball valves; modular double block and bleed ball valves; Torqseal triple-offset butterfly valves; and other products.
Market Cap
CAD 230.9M
Pitch Price
CAD 14.22
Price Target
42.00 (+130%)
Dividend
2.70%
EV/EBITDA
6.89
P/E
-4.89
EV/Sales
0.63
Sector
Machinery
Category
value
[Deep Dive] A De-Risked Nuclear Renaissance Play Positioned for Strategic Takeover - Velan Inc.
VLN.TO: Global valve leader, selling French assets & divesting asbestos liabilities. Nuclear focus, strong backlog ($298.7M, 83% deliverable in 12mo). Improved margins (38.6% Q3). Post-deals: debt-free, $38M cash. Undervalued vs peers at 5.66x EV/EBITDA. Takeover potential remains high.
Read full article (67 min)