<- Go home

Added to YB: 2025-05-16

Pitch date: 2025-03-28

VLN.TO [bullish]

Velan Inc.

+16.79%

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 15.67

Price Target

28.00 (+53%)

Dividend

2.70%

EV/EBITDA

6.89

P/E

-4.89

EV/Sales

0.63

Sector

Machinery

Category

special_situation

Show full summary:
Velan Inc. - $VLN.TO

VLN.TO: Industrial valve maker selling French unit for $200M, eliminating $150M asbestos liabilities, left with $67M net cash. Trading <5x EBITDA vs Flowserve's blocked 10x bid. New CEO, aging family owners (72% stake, 93% votes) signal likely sale. Strong nuclear/LNG positioning with valves in 90% of nuclear reactors globally.

Read full article (6 min)