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Velan Inc.

Industrials CA VLN

16.0CAD
0.12(0.79%)

Last update at 2026-03-10T19:54:00Z

Day Range

16.0016.02
LowHigh

52 Week Range

12.7419.50
LowHigh

Fundamentals

  • Previous Close 15.88
  • Market Cap377.75M
  • Volume2801
  • P/E Ratio-
  • Dividend Yield0.65%
  • EBITDA22.71M
  • Revenue TTM296.44M
  • Revenue Per Share TTM13.73
  • Gross Profit TTM 84.44M
  • Diluted EPS TTM-3.1

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Analyst Recommendations

Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-02-28 2024-02-29 2023-02-28 2022-02-28 2021-02-28
Type yearly yearly yearly yearly yearly
Date 2025-02-28 2024-02-29 2023-02-28 2022-02-28 2021-02-28
Income before tax -82.00200M -12.33100M -47.41400M 36.18M 1.38M
Minority interest 0.20M 0.07M 0.00600M -10.88600M 3.14M
Net income -75.50000M -19.73700M -55.45900M -10.25500M 2.20M
Selling general administrative 63.03M 79.17M 85.53M 92.14M 79.29M
Selling and marketing expenses 3.18M 3.65M - - -
Gross profit 84.92M 93.21M 112.47M 134.97M 80.54M
Reconciled depreciation 9.00M 11.16M 10.74M 11.65M 12.48M
Ebit -81.79500M -5.52600M 24.28M 38.58M -0.65200M
Ebitda -72.79800M 5.64M 35.02M 54.43M 11.83M
Depreciation and amortization 9.00M 11.16M 10.74M 15.85M 12.48M
Non operating income net other - - - - -
Operating income -82.26500M -5.98500M 24.28M 38.58M -0.65200M
Other operating expenses 377.46M 352.80M 346.62M 368.85M 303.75M
Interest expense 0.21M 6.80M 2.02M 2.79M 1.90M
Tax provision -14.55100M 7.47M 8.04M 46.43M -0.82200M
Interest income 0.26M 0.46M 0.47M 0.39M 1.04M
Net interest income 0.26M -6.34600M -1.55200M -2.40000M -0.86600M
Extraordinary items -8.25400M 12.23M - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense -14.55100M 7.47M 8.04M 46.43M -0.82200M
Total revenue 295.20M 346.82M 370.43M 411.24M 302.06M
Total operating expenses 167.18M 99.19M 88.65M 92.58M 82.23M
Cost of revenue 210.28M 253.61M 257.96M 276.27M 221.52M
Total other income expense net 0.26M -6.34600M -71.69500M -2.40000M 2.03M
Discontinued operations - - - - -
Net income from continuing ops -67.45100M -19.80200M -55.45900M -10.25500M 2.20M
Net income applicable to common shares -75.50000M -19.73700M -55.45300M -21.14100M 2.87M
Preferred stock and other adjustments - - - - -
Breakdown 2025-02-28 2024-02-29 2023-02-28 2022-02-28 2021-02-28
Type yearly yearly yearly yearly yearly
Date 2025-02-28 2024-02-29 2023-02-28 2022-02-28 2021-02-28
Total assets 501.97M 479.39M 477.86M 508.43M 580.83M
Intangible assets 5.89M 8.08M 7.87M 7.91M 7.82M
Earning assets - - - - -
Other current assets - 10.55M 7.67M 7.43M 8.87M
Total liab 403.23M 296.13M 277.02M 242.92M 280.61M
Total stockholder equity 97.86M 182.18M 199.89M 264.82M 297.08M
Deferred long term liab - - - - -
Other current liab 111.36M 57.66M 59.13M 69.01M 85.19M
Common stock - 72.69M 72.69M 72.69M 72.69M
Capital stock 72.69M 72.69M 72.69M 72.69M 72.69M
Retained earnings 65.95M 141.91M 162.14M 218.00M 239.14M
Other liab - - - 54.24M 42.29M
Good will 0.00000M 8.46M 8.28M 8.79M 9.49M
Other assets - - 5.39M 5.67M 40.02M
Cash 34.87M 36.45M 50.51M 54.02M 74.69M
Cash and equivalents - - 50.51M 54.02M 74.69M
Total current liabilities 374.29M 160.39M 136.96M 154.68M 207.56M
Current deferred revenue - 30.40M 28.20M 41.34M 62.08M
Net debt - 4.97M -9.60100M -9.99400M 9.37M
Short term debt - 26.04M 9.73M 10.02M 23.21M
Short long term debt 3.94M 1.61M 8.44M 8.66M 21.64M
Short long term debt total - 41.42M 40.91M 44.02M 84.05M
Other stockholder equity - 6.26M 6.26M 6.26M 6.26M
Property plant equipment - - 68.20M 73.91M 96.33M
Total current assets 418.90M 387.01M 388.11M 412.16M 427.17M
Long term investments - - - - -
Net tangible assets - - - 248.13M 279.76M
Short term investments 0.36M 5.27M 0.04M 8.73M 0.28M
Net receivables 53.72M 126.05M 127.25M 118.79M 139.17M
Long term debt 14.11M 4.35M 21.72M 22.93M 12.65M
Inventory 134.97M 208.70M 202.65M 223.20M 204.16M
Accounts payable 30.07M 46.29M 39.90M 34.31M 37.08M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income - -38.69200M -41.20800M -32.12600M -21.00700M
Additional paid in capital - - - - -
Common stock total equity - - - - -
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 0.72M 0.73M 0.72M 0.90M 6.88M
Deferred long term asset charges - - - - -
Non current assets total 83.06M 92.38M 89.74M 96.27M 153.66M
Capital lease obligations 6.82M 35.47M 10.76M 12.43M 49.77M
Long term debt total - - 31.18M 34.00M 60.84M
Breakdown 2025-02-28 2024-02-29 2023-02-28 2022-02-28 2021-02-28
Type yearly yearly yearly yearly yearly
Date 2025-02-28 2024-02-29 2023-02-28 2022-02-28 2021-02-28
Investments -10.27700M -14.12700M 1.76M -8.70800M 0.34M
Change to liabilities - - - 8.48M 21.94M
Total cashflows from investing activities -10.27700M -14.12700M 1.76M -0.02600M 2.90M
Net borrowings -9.35300M -4.58900M - -22.67600M 33.58M
Total cash from financing activities -9.81500M -4.66100M -2.62000M -23.51900M 33.10M
Change to operating activities - - - -11.54100M -10.43000M
Net income -67.45100M -19.73700M -55.45900M -10.25500M 2.20M
Change in cash 5.08M -13.80800M -3.21200M -9.48800M 31.94M
Begin period cash flow 27.28M 50.25M 53.47M 62.95M 31.01M
End period cash flow 32.36M 36.45M 50.25M 53.47M 62.95M
Total cash from operating activities 26.52M 4.30M 0.52M 17.87M -9.09500M
Issuance of capital stock - - - - -
Depreciation 9.00M 11.16M 10.74M 11.65M 12.48M
Other cashflows from investing activities -2.67700M -7.24300M 8.35M -0.19600M -0.27400M
Dividends paid -0.46200M -0.49100M 0.50M 0.00000M 0.48M
Change to inventory -11.31900M -4.25400M 14.23M -28.02000M -26.13000M
Change to account receivables 8.23M 2.60M -9.83700M 11.08M 8.44M
Sale purchase of stock - - - - 0.00000M
Other cashflows from financing activities 0.00000M 0.20M 3.93M 7.03M 40.33M
Change to netincome - - - 44.13M -17.41200M
Capital expenditures 10.68M 9.24M 6.59M 8.62M 10.90M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital 33.82M 9.81M -11.57200M -17.02900M -7.21200M
Stock based compensation - -0.01500M - - -9.75500M
Other non cash items 71.32M 4.15M 56.84M -2.12900M -10.26700M
Free cash flow 15.85M -4.94100M -6.06700M 9.25M -20.00000M

Peer Comparison

Sector: Industrials Industry: Specialty Industrial Machinery

Company Change (CAD) Price (CAD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
VLN
Velan Inc.		 0.12 0.79% 16.00 - - 1.09 1.28 0.82 7.72
SCHN
Schneider Electric CDR (CAD Hedged)		 -0.54 2.17% 24.32 - - - -
ATS
ATS CORP		 -0.48 1.17% 40.66 211.21 18.94 1.39 2.25 1.87 22.41
SIS
Savaria Corporation		 0.18 0.72% 25.35 28.61 18.45 1.99 2.85 2.24 13.08
DYA
DynaCERT Inc.		 - -% 0.12 - 9.00 59.80 33.40 60.11 -5.3496

Reports Covered

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Profile

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. It also provides bimetallic steam traps, trap stations, and manifolds; engineering solutions; cable drive actuators; and other products. The company was formerly known as Velan Engineering Ltd. and changed its name to Velan Inc. in February 1981. The company was founded in 1950 and is headquartered in Montreal, Canada. Velan Inc. is a subsidiary of Velan Holding Co. Ltd.

Velan Inc.

7007 Cote de Liesse, Montreal, QC, Canada, H4T 1G2

Key Executives

Name Title Year Born
Mr. Bruno Carbonaro CEO, Pres, Acting Exec. VP, GM of Project & Director 1967
Ms. Sabine Bruckert Exec. VP of HR, Gen. Counsel & Corp. Sec. NA
Mr. John D. Ball Exec. VP of Global Fin. NA
Mr. Duke Tran Exec. VP & GM of Severe Service NA
Mr. Paul Poirier Chief Operations Officer of North America NA
Mr. A. Karel Velan Founder and Chairman Emeritus NA
Mr. Rishi Sharma Chief Financial Officer NA
Mr. Shane Velan Chief Information Officer NA
Mr. Daniel Velan Vice-Pres of Marketing NA
Mr. Paul Dion Sr. Vice-Pres of Sales, Process Industries NA

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