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Added to YB: 2025-04-11

Pitch date: 2025-04-04

VLN.TO [bullish]

Velan Inc.

+14.61%

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, such as ball, high performance three-piece ball, general purpose ball, metal-seated ball, triple-offset, high performance cryogenic butterfly, coker ball, and cap-tight batch digester capping valves; and gate, globe, and check valves, including pressure seal, bolted bonnet high pressure, cast steel, cast stainless steel corrosion resistant, small forged, bonnetless, and dual-plate check valves, as well as maintenance valves for nuclear service.

Market Cap

CAD 213.7M

Pitch Price

CAD 14.22

Price Target

42.00 (+158%)

Dividend

0.81%

EV/EBITDA

4.02

P/E

-4.45

EV/Sales

0.53

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)