Added to YB: 2025-03-19
Pitch date: 2025-03-17
VLN.TO [neutral]
Velan Inc.
+28.58%
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 14.23
Price Target
N/A
Dividend
2.70%
EV/EBITDA
6.89
P/E
-4.89
EV/Sales
0.63
Sector
Machinery
Category
value
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)