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Added to YB: 2025-01-21

Pitch date: 2025-01-21

VLN.TO [neutral]

Velan Inc.

-1.57%

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, 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 16.56

Price Target

N/A

Dividend

0.81%

EV/EBITDA

4.02

P/E

-4.45

EV/Sales

0.53

Sector

Machinery

Category

turnaround

Show full summary:
Velan Inc. ($VLN.TO) FINS Review

VLN.TO (3 stars - watchlist): Industrial valve maker. Q3 rev +17.5% to $73.4M, GM 38.6% vs 13.1% YoY. YTD rev +19.5%, GM 30.7%. $81.3M restructuring costs from asbestos litigation. Strategic initiatives pending. At $18, trades 0.75x rev, 11x normalized earnings. Watchlist-worthy due to execution risk and historical volatility.

Read full article (4 min)