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Added to YB: 2024-12-20

Pitch date: 2024-12-19

VLN.TO [bullish]

Velan Inc.

+56.67%

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 9.96

Price Target

N/A

Dividend

2.70%

EV/EBITDA

6.89

P/E

-4.89

EV/Sales

0.63

Sector

Machinery

Category

turnaround

Show full summary:
Velan Inc. (VLN.TO): A Diversified Play on Nuclear, LNG, and Defense

VLN.TO: Nuclear valve maker trading below failed $13/share Flowserve bid. Diversified in LNG & defense. LTM FCF/share at 8-year high. Adaptable to traditional & SMR nuclear tech. Attractive valuation vs. peers like OKLO. Strong turnaround, potential M&A target at premium.

Read full article (1 min)