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Added to YB: 2024-12-13

Pitch date: 2024-12-12

VLN.TO [bullish]

Velan Inc.

+46.96%

current return

Author Info

No bio for this author

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 10.25

Price Target

N/A

Dividend

2.70%

Sector

Machinery

Category

growth

Show full summary:
$VLN.TO: updated thoughts

VLN.TO: Best nuclear play at 4x EBITDA vs peers 20x. Trump win boosts nuclear, LNG, O&G outlook. US aims 60x nuclear growth in 25yrs. Meta plans 1-4GW nuclear. GE sees 57 SMRs by 2035. Global nuclear push. Non-nuclear markets (power, defense, LNG, water) strong. Added 30% to #2 position.

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