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Added to YB: 2025-08-27

Pitch date: 2025-08-25

VLN.TO [neutral]

Velan Inc.

+9.94%

current return

Author Info

Canadian Value Investors is a value investing blog looking for ten baggers and focused primarily on small caps. Sign up for the newsletter.

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 14.83

Price Target

N/A

Dividend

0.81%

EV/EBITDA

4.02

P/E

-4.45

EV/Sales

0.53

Sector

Machinery

Category

special_situation

Show full summary:
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)