Added to YB: 2025-03-21
Pitch date: 2025-03-20
VLN.TO [bullish]
Velan Inc.
-0.25%
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 224.9M
Pitch Price
CAD 16.20
Price Target
N/A
Dividend
0.77%
Sector
Machinery
Category
special_situation
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)