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Velan Inc.

Velan Inc.

VLN · TO · Industrials / Specialty Industrial Machinery

17.52CAD-0.15 (-0.85%)

Price History

Full chart

Market Stats

Previous Close17.67
Open17.52
Day Range17.52 – 17.52
52-Week Range13.61 – 19.50
Volume100
Market Cap403.65M
P/E (TTM)0.00
Forward P/E18.15
EPS-0.77
Dividend Yield2.14%
Beta0.14
50-Day Avg18.39
200-Day Avg16.68

About

Velan Inc. designs, manufactures, and markets industrial valves worldwide. It provides 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. The company also offers bimetallic steam traps, trap stations, and manifolds; engineering solutions; and cable drive actuators. The company was formerly known as Velan Engineering Ltd. and changed its name to Velan Inc. in February 1981. Velan Inc. was founded in 1950 and is headquartered in Montreal, Canada.

Company Details

  • SectorIndustrials
  • IndustrySpecialty Industrial Machinery
  • CEOMr. Rishi Sharma
  • Employees1.27K
  • Headquarters7007 Cote de Liesse, Montreal, QC, Canada, H4T 1G2, Canada
  • Websitehttps://www.velan.com

Leadership

  • Mr. Rishi SharmaPresident & CEO
  • Mr. Duke TranExecutive VP of Product Innovation and Technology
  • Mr. Bryant HoltVice President of Sales of Americas
  • Mr. Laurent PefferkornChief Commercial Officer
  • Mr. Imran GibbonsChief Financial Officer
  • Mr. Shane VelanChief Information Officer
  • Mr. Max RoganChief Legal, Human Resources & Administrative Officer
  • Mr. John D. BallExecutive Vice President of Global Finance
  • Mr. Daniel VelanChief Product Officer
  • Mr. Luca MarianettiChief Executive Officer of Velan ABV SPA and President of Velan ABV SPA

Financials

Income Statement

Currency: USD1997-02-281998-02-281999-02-282000-02-292001-02-282002-02-282003-02-282004-02-292005-02-282006-02-282007-02-282008-02-292010-02-282011-02-282012-02-292013-02-282014-02-282015-02-282016-02-292017-02-282018-02-282019-02-282020-02-292021-02-282022-02-282023-02-282024-02-292025-02-282026-02-28
Total Revenue180.09M195.32M209.22M214.61M209.07M188.77M206.54M193.24M254.71M327.25M391.14M473.36M443.29M397.20M437.13M500.57M489.26M455.75M426.89M331.78M337.96M366.87M371.63M302.06M411.24M370.43M346.82M295.20M301.28M
Growth (%)-+8.46%+7.12%+2.58%-2.59%-9.71%+9.41%-6.44%+31.81%+28.48%+19.52%+21.02%-6.35%-10.40%+10.05%+14.51%-2.26%-6.85%-6.33%-22.28%+1.86%+8.55%+1.30%-18.72%+36.14%-9.92%-6.37%-14.88%+2.06%
Cost of Revenue120.23M128.45M134.83M139.81M137.04M129.21M146.14M148.48M187.20M241.59M282.95M351.25M301.53M293.88M349.87M386.68M358.11M337.47M322.61M243.25M269.38M281.27M283.49M221.52M276.27M257.96M253.61M210.28M222.79M
Gross Profit59.86M66.87M74.40M74.80M72.03M59.56M60.39M44.76M67.51M85.66M108.19M122.11M141.77M103.33M87.26M113.90M131.15M118.28M104.28M88.53M68.58M85.59M88.13M80.54M134.97M112.47M93.21M84.92M78.49M
Gross Margin33.24%34.24%35.56%34.85%34.45%31.55%29.24%23.16%26.51%26.18%27.66%25.80%31.98%26.01%19.96%22.75%26.81%25.95%24.43%26.68%20.29%23.33%23.72%26.66%32.82%30.36%26.88%28.77%26.05%
Operating Expense27.93M32.54M35.94M43.74M44.22M42.25M48.38M47.12M61.26M67.64M74.90M87.30M80.09M89.31M79.81M99.32M86.87M88.73M91.89M75.46M86.90M91.73M84.02M81.19M96.39M88.18M99.19M167.18M67.69M
Operating Income31.93M34.33M38.45M31.06M27.81M17.31M12.01M-2.36M6.25M18.02M33.29M34.81M61.68M14.02M7.45M14.58M44.27M29.55M12.39M13.07M-18.32M-6.13M4.12M-652.00K38.58M24.28M-5.99M-82.27M10.79M
Operating Margin17.73%17.57%18.38%14.47%13.30%9.17%5.82%-1.22%2.45%5.51%8.51%7.35%13.91%3.53%1.70%2.91%9.05%6.48%2.90%3.94%-5.42%-1.67%1.11%-0.22%9.38%6.55%-1.73%-27.87%3.58%
EBITDA36.06M39.13M44.76M38.62M35.85M25.10M18.82M4.01M13.76M25.45M41.06M43.79M63.12M37.96M20.94M27.70M59.90M45.03M28.99M27.77M-4.34M7.44M7.53M11.83M50.61M-34.65M5.64M-72.80M20.12M
EBITDA Margin20.02%20.04%21.39%18.00%17.15%13.29%9.11%2.07%5.40%7.78%10.50%9.25%14.24%9.56%4.79%5.53%12.24%9.88%6.79%8.37%-1.28%2.03%2.03%3.92%12.31%-9.35%1.63%-24.66%6.68%
Net Income20.97M23.48M26.59M21.14M20.39M11.76M5.38M-2.10M431.12K5.24M17.22M12.55M33.80M5.94M7.89M6.17M29.40M18.58M3.64M7.74M-18.87M-5.39M-16.60M2.20M-10.26M-55.46M-19.74M-75.50M172.52M
Net Income Margin11.64%12.02%12.71%9.85%9.75%6.23%2.61%-1.09%0.17%1.60%4.40%2.65%7.62%1.50%1.81%1.23%6.01%4.08%0.85%2.33%-5.58%-1.47%-4.47%0.73%-2.49%-14.97%-5.69%-25.58%57.26%
R&D725.58K892.49K949.48K1.10M-----4.36M5.67M----9.24M8.84M9.23M8.01M7.97M9.61M9.30M8.26M5.66M7.01M6.18M6.06M-3.05M
R&D as % of Total Revenue0.40%0.46%0.45%0.51%-----1.33%1.45%----1.85%1.81%2.03%1.88%2.40%2.84%2.54%2.22%1.87%1.71%1.67%1.75%-1.01%
Interest Expense725.58K892.49K1.70M1.77M2.70M888.67K3.24M318.56K3.97M5.90M3.96M9.67M471.89K602.25K1.67M3.19M2.37M1.66M1.10M1.07M1.30M1.56M2.61M1.90M2.79M2.02M6.80M207.00K1.91M
Interest Expense % of Total Revenue0.40%0.46%0.81%0.83%1.29%0.47%1.57%0.16%1.56%1.80%1.01%2.04%0.11%0.15%0.38%0.64%0.48%0.36%0.26%0.32%0.38%0.43%0.70%0.63%0.68%0.55%1.96%0.07%0.63%

Balance Sheet

Currency: USD1997-02-281998-02-281999-02-282000-02-292001-02-282002-02-282003-02-282004-02-292005-02-282006-02-282007-02-282008-02-292010-02-282011-02-282012-02-292013-02-282014-02-282015-02-282016-02-292017-02-282018-02-282019-02-282020-02-292021-02-282022-02-282023-02-282024-02-292025-02-282026-02-28
Total Assets154.48M176.44M199.12M207.84M204.40M209.02M231.05M236.08M261.59M315.19M384.09M473.17M487.77M532.96M601.97M619.77M624.15M558.63M515.63M519.30M540.19M524.36M538.50M580.83M508.43M477.86M479.39M501.97M346.30M
Total Liabilities57.10M61.44M58.33M54.01M41.54M43.45M43.39M53.27M72.25M95.29M137.13M189.65M154.47M181.57M266.39M291.60M265.04M213.53M182.51M187.39M218.58M215.52M253.63M280.61M242.92M277.02M296.13M403.23M164.36M
Total Equity97.37M114.99M140.79M153.83M162.86M165.57M186.48M181.58M187.49M215.93M239.97M273.59M329.35M348.29M327.37M319.51M352.06M338.61M327.58M325.39M316.02M304.78M281.18M297.08M264.82M199.89M182.18M97.86M181.32M
Cash26.12M18.47M5.09M12.57M3.22M27.60M48.75M38.83M29.82M44.63M24.13M39.05M101.74M119.33M65.41M77.17M106.72M99.58M89.37M84.02M85.39M70.67M75.33M74.69M54.02M50.51M36.45M34.87M53.31M
Total Debt26.92M21.42M14.85M5.40M4.24M5.03M3.32M2.61M12.12M11.55M26.07M29.43M7.10M84.01M129.43M77.71M54.88M32.58M28.80M31.88M44.05M53.83M80.34M84.05M44.02M40.91M41.42M24.88M35.62M
Net Debt798.14K2.95M9.77M-7.17M1.01M-22.56M-45.43M-36.22M-17.71M-33.08M1.94M-9.62M-94.64M-35.31M64.01M542.00K-51.84M-67.00M-60.57M-52.14M-41.34M-16.84M5.01M9.37M-9.99M-9.60M4.97M-10.00M-17.69M

Cash Flow

Currency: USD1997-02-281998-02-281999-02-282000-02-292001-02-282002-02-282003-02-282004-02-292005-02-282006-02-282007-02-282008-02-292010-02-282011-02-282012-02-292013-02-282014-02-282015-02-282016-02-292017-02-282018-02-282019-02-282020-02-292021-02-282022-02-282023-02-282024-02-292025-02-282026-02-28
Operating Cash Flow21.99M14.35M40.15M21.47M20.97M7.06M31.26M14.41M-13.29M16.05M-26.87M24.92M64.29M26.58M-12.77M14.41M75.46M49.92M28.88M7.15M-1.89M-9.59M9.64M-9.10M17.87M522.00K4.30M26.52M-162.77M
Investing Cash Flow-9.00M-16.89M-7.26M-22.61M-5.41M-5.59M-6.91M-19.25M4.09M2.12M-8.52M-14.54M-13.06M-9.04M-56.69M-23.95M-17.75M-13.09M-23.94M-5.50M-6.68M-8.12M-11.68M2.90M-26.00K1.76M-14.13M-10.28M187.04M
Financing Cash Flow290.23K-3.98M-8.07M-9.97M-7.32M-10.41M-7.64M-5.76M-8.31M-1.13M14.27M1.68M-9.04M-8.76M-11.40M4.79M-15.61M-13.96M-2.07M-8.05M-11.13M-2.53M-6.30M33.10M-23.52M-2.62M-4.66M-9.81M-8.65M
Capital Expenditure8.49M16.96M7.53M11.20M7.33M5.70M5.16M4.54M6.56M7.45M7.88M11.70M13.36M10.04M14.55M29.14M18.35M13.22M21.12M8.63M6.64M8.65M12.08M10.90M8.62M6.59M9.24M10.68M7.20M
Free Cash Flow13.50M-2.61M32.62M10.28M13.64M1.36M26.10M9.86M-19.85M8.60M-34.75M13.22M50.93M16.54M-27.32M-14.72M57.11M36.69M7.76M-1.48M-8.53M-18.24M-2.44M-20.00M9.25M-6.07M-4.94M15.85M-169.97M
Dividends Paid---3.78M4.00M10.97M4.88M4.92M8.00M3.04M-1.58M6.78M9.18M8.18M7.08M6.78M7.51M6.75M6.58M6.68M3.10M1.96M482.00K0497.00K491.00K462.00K8.43M
FCF to OCF61.39%-18.18%81.25%47.86%65.06%19.27%83.48%68.47%149.38%53.56%129.33%53.05%79.23%62.23%213.96%-102.16%75.68%73.51%26.88%-20.76%450.71%190.24%-25.31%219.90%51.75%-1162.26%-114.88%59.75%104.42%
Dividend Paid to FCF---36.76%29.34%806.25%18.72%49.84%-40.33%35.37%-11.98%13.31%55.50%-29.95%-48.09%11.87%20.47%86.98%-443.67%-78.31%-17.01%-80.42%-2.41%0.00%-8.19%-9.94%2.92%-4.96%

Earnings

Report DateAug 20, 1997Aug 24, 1998Oct 15, 1998Jan 21, 1999Apr 21, 1999Aug 24, 1999Oct 28, 1999Jan 24, 2000Apr 20, 2000Oct 30, 2000Jan 25, 2001Apr 18, 2001Oct 24, 2001Jan 22, 2002Apr 24, 2002Oct 25, 2002Jan 22, 2003Apr 22, 2003Oct 23, 2003Jan 22, 2004Apr 22, 2004Oct 12, 2004Jan 10, 2005Apr 8, 2005Aug 22, 2005Oct 12, 2005Jan 11, 2006Apr 11, 2006Aug 18, 2006Oct 11, 2006Jan 10, 2007Apr 10, 2007Aug 21, 2007Oct 10, 2007Jan 8, 2008Apr 9, 2008Aug 22, 2008Oct 14, 2008Jan 8, 2009May 19, 2009Jul 9, 2009Oct 8, 2009Jan 11, 2010May 18, 2010Jul 8, 2010Oct 13, 2010Jan 10, 2011May 17, 2011Aug 2, 2011Oct 12, 2011Jan 11, 2012May 17, 2012Jul 5, 2012Oct 12, 2012Jan 8, 2013May 28, 2013Jul 11, 2013Oct 10, 2013Jan 10, 2014May 20, 2014Jul 10, 2014Oct 9, 2014Jan 13, 2015May 19, 2015Jul 9, 2015Oct 14, 2015Jan 11, 2016May 19, 2016Jul 12, 2016Oct 13, 2016Jan 12, 2017May 18, 2017Jul 13, 2017Oct 12, 2017Dec 10, 2017May 24, 2018Jul 12, 2018Oct 11, 2018Jan 10, 2019May 16, 2019Jul 11, 2019Oct 11, 2019Jan 9, 2020May 20, 2020Jul 9, 2020Oct 8, 2020Jan 13, 2021May 19, 2021Jul 14, 2021Oct 7, 2021Jan 12, 2022May 18, 2022Jul 7, 2022Oct 14, 2022Jan 12, 2023May 18, 2023Jul 6, 2023Oct 5, 2023Jan 11, 2024May 16, 2024Jul 11, 2024Oct 10, 2024Jan 15, 2025May 14, 2025Jul 17, 2025Oct 9, 2025Jan 14, 2026May 14, 2026Jul 9, 2026Oct 7, 2026
EPS Estimate0.390.430.310.420.410.440.240.240.320.370.450.290.220.310.240.150.270.110.11-0.01-0.020.010.030.070.070.070.140.090.140.160.180.140.290.090.270.170.490.080.200.27-0.220.280.340.280.210.220.270.110.06------------------------------------------------------------
EPS Actual0.390.410.500.580.380.270.290.400.280.240.350.280.150.290.120.190.150.01-0.05-0.150.01-0.03-0.060.050.090.060.100.020.080.040.220.250.460.060.100.180.330.060.260.730.640.340.340.270.07-0.060.26-0.010.01-0.100.180.270.030.150.26-0.160.270.230.390.510.200.250.240.260.180.280.22-0.500.030.120.090.23-0.27-0.330.02-0.48-0.22-0.15-0.010.09-0.360.08-0.05-0.68-0.12-0.320.580.02-0.290.290.26-1.51-0.43-0.220.17-2.95-0.52-0.13-0.46-0.13-0.070.01-3.96-0.825.03-0.160.19-0.25-0.60-
Surprise0.00%-4.65%61.29%38.10%-7.32%-38.64%20.83%66.67%-12.50%-35.14%-22.22%-3.45%-31.82%-6.45%-50.00%26.67%-44.44%-90.91%-145.45%-1400.00%150.00%-400.00%-300.00%-28.57%28.57%-14.29%-28.57%-77.78%-42.86%-75.00%22.22%78.57%58.62%-33.33%-62.96%5.88%-32.65%-25.00%30.00%170.37%-54.55%21.43%-20.59%-75.00%-128.57%18.18%-103.70%-90.91%-266.67%------------------------------------------------------------
Timing-----------After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursPre-marketAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hours-After-hours-------------------After-hoursAfter-hoursAfter-hoursAfter-hours-After-hours---------------After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap403.65M
Enterprise Value393.70M
Trailing P/E0.00
Forward P/E18.15
PEG Ratio0.00
Price / Sales1.43
Price / Book1.66
EPS-0.77
Book Value11.78
Revenue (TTM)282.01M
Gross Profit (TTM)71.82M
EBITDA9.91M
Profit Margin-4.51%
Operating Margin-12.48%
Return on Equity-7.04%
Return on Assets0.47%
Shares Outstanding6.02M
Shares Float4.39M
Beta0.14
Dividend Yield2.14%
Dividend Rate0.40
Payout Ratio23.40%

Dividends

20254×
0.10Nov 13, 20250.10Aug 15, 20250.33Jun 16, 20250.03Feb 14, 2025
20231×
0.03Jun 15, 2023
20221×
0.03Jun 16, 2022
20201×
0.03Mar 11, 2020
20194×
0.03Dec 11, 20190.03Sep 12, 20190.03Jun 13, 20190.03Mar 14, 2019
20184×
0.03Dec 13, 20180.03Sep 13, 20180.03Jun 14, 20180.10Mar 14, 2018
20174×
0.10Dec 14, 20170.10Sep 14, 20170.10Jun 13, 20170.10Mar 13, 2017
20164×
0.10Dec 13, 20160.10Sep 13, 20160.10Jun 13, 20160.10Mar 11, 2016
20151×
0.10Dec 11, 2015