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Added to YB: 2025-03-21

Pitch date: 2025-03-20

VLN.TO [bullish]

Velan Inc.

-0.25%

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 224.9M

Pitch Price

CAD 16.20

Price Target

N/A

Dividend

0.77%

Sector

Machinery

Category

special_situation

Show full summary:
Velan Inc. TSX:VLN – All polished up and ready for sale

VLN.TO: Valve maker trading ~$300M post-French div sale & asbestos liability removal. Strong position in refining, LNG, nuclear. Best year since 2022. Family (72% owner) likely wants full sale. Remaining biz could be worth more to strategic buyer. Pro-forma $66.6M net cash, 30%+ margins.

Read full article (32 min)