Added to YB: 2025-01-28
Pitch date: 2025-01-28
VLN.TO [neutral]
Velan Inc.
+25.31%
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 14.96
Price Target
N/A
Dividend
2.70%
EV/EBITDA
6.89
P/E
-4.89
EV/Sales
0.63
Sector
Machinery
Category
N/A
Decision to Exit Viewed as Premature but Strategically Cautious - Velan Inc.
VLN.TO sold position: Exited Velan due to DeepSeek AI potentially reducing power needs, impacting nuclear/nat gas outlook. Deal with FLS may delay. Sector de-rating (MIR, GEV -20%). Booked gains from $6 entry to $16 exit. May re-enter if situation changes.
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