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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

Show full summary:
[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)