Added to YB: 2025-08-27
Pitch date: 2025-08-25
VLN.TO [neutral]
Velan Inc.
+26.46%
current return
Author Info
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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 14.83
Price Target
N/A
Dividend
2.70%
EV/EBITDA
6.89
P/E
-4.89
EV/Sales
0.63
Sector
Machinery
Category
special_situation
Velan Inc. TSX:VLN Update – Just send the cheque Flowserve
VLN.TO (update): Valve company since 1950 serving 90% NA refineries, nuclear reactors, LNG terminals, US Navy. Clean balance sheet, net cash position, mgmt wants to go private. Flowserve failed 2023 bid blocked by France, now has $266M windfall from Chart deal termination (~Velan's EV). Single-digit EV/EBITDA, strong ops.
Read full article (8 min)