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Added to YB: 2025-03-18

Pitch date: 2025-03-17

VLN.TO [neutral]

Velan Inc.

+14.53%

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 14.23

Price Target

N/A

Dividend

0.81%

EV/EBITDA

4.02

P/E

-4.45

EV/Sales

0.53

Sector

Machinery

Category

value

Show full summary:
Monday Delight: 17/03/25 - Velan Inc.

VLN.TO (overview): Industrial valve maker for critical infra, 90% oil refinery use. Strong nuclear reactor brand. Recurring revenue from growing installed base. Resolved asbestos liabilities in 2025. Attractive valuation: P/B 1.8, EV/EBITDA 3.9, P/FCF 9.1. CAD 292.9M market cap, CAD 277.7M EV.

Read full article (1 min)