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Velan(TSX) VLN

Market CapCA$399.12MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (1996)+66%
5 Year+137%
1 Year+20%
1 Month-1%
CA$18.49
+0.00%
+0.00Today
Velan last closing stock price
MetricPriceDate
Last closeCAD 18.492026-09-25
Velan stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week+1.37%CAD 18.242026-09-18
1 month-0.59%CAD 18.602026-08-26
3 month+14.92%CAD 16.092026-06-25
Year to date-0.86%CAD 18.652025-12-31
1 year+19.96%CAD 15.412025-09-25
3 year+78.75%CAD 10.342023-09-26
5 year+137.48%CAD 7.792021-09-24
Since inception+65.68%CAD 11.161996-09-18

Velan Financials at a Glance

Market Cap

CA$399.12MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$282.62M

Net Income (TTM)

-$12.76M

EPS (TTM)

-CA$0.81

P/E Ratio

-22.91

Dividend

CA$0.10

Beta (Volatility)

0.35 (Low)

Price

CA$18.49

Volume

200

Open

CA$18.25

Previous Close

CA$18.49

Daily Range

CA$18.25 - CA$18.49

52-Week Range

CA$13.61 - CA$19.50

Estimated Earnings Date

Oct 7, 2026

VLN News

No articles available.

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About Velan

Velan Inc. designs, manufactures, and markets industrial valves globally. The company serves various sectors, including oil and gas, power generation, and water treatment, with a diverse product portfolio.

Products and Services
  • Quarter-turn valves and gate, globe, and check valves
  • Corrosion-resistant and API-certified valves
  • Engineering solutions and cable drive actuators
Growth Outlook
  • Recent quarterly revenue of $57.83 million indicates potential recovery
  • Trailing twelve months revenue shows a steady increase
  • Strong market demand in industrial sectors supports future growth
Financial Highlights
  • Net income for the latest quarter was -$9.44 million
  • Current ratio stands at 2.32, indicating good short-term financial health
  • Market capitalization is approximately CAD 393.72 million
Velan Inc. has a long-standing history in the industrial valve market, founded in 1950 and headquartered in Montreal, Canada. The company has faced challenges in recent quarters, reflected in its net income figures. However, the recent revenue trends suggest a potential turnaround, supported by strong demand across various industrial sectors. The current ratio indicates a solid liquidity position, which may provide the company with the flexibility to navigate market fluctuations. With a diverse product range and a focus on engineering solutions, Velan Inc. is well-positioned to capitalize on growth opportunities in the industrial machinery sector.
AI Generated • Sep 20, 2026

Industry

Machinery

Sector

Industrials

Employees

1,296

CEO

James A. Mannebach, MBA, CPA

Website

www.velan.com

Headquarters

Montreal, QC H4T 1G2, CA

VLN Financials

Key Financial Metrics (TTM)

Gross Margin

27.52%

Operating Margin

-0.79%

Net Income Margin

-4.51%

Return on Equity

-7.22%

Return on Capital

4.98%

Return on Assets

-4.02%

Earnings Yield

-4.36%

Dividend Yield

0.54%

Payout Ratio

-85.41%

Stock Overview

Market Cap

CA$399.12MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

21.59M

Volume

200

Avg. Volume

2.66K

Financials (TTM)

Gross Profit

$77.78M

Operating Income

-$2.23M

EBITDA

$7.14M

Operating Cash Flow

-$17.63M

Capital Expenditure

-$5.95M

Free Cash Flow

-$23.58M

Cash & ST Invst.

$35.93M

Total Debt

$36.81M

Velan Performance Analysis

Velan annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20232023-02-28USD 486,693,219-5.6%
20242024-02-29USD 349,196,828-28.3%
20252025-02-28USD 408,607,97617.0%
20262026-02-28USD 411,264,3980.7%
Velan sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q22025-08-31-6.4%
Q32025-11-306.0%
Q42026-02-2819.3%
Q12026-05-31-32.4%
Velan annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20232023-02-28USD -3.38175.0%
20242024-02-29USD -1.23-63.4%
20252025-02-28USD -4.84292.2%
20262026-02-28USD 10.91N/A
Velan sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q22025-08-31-102.1%
Q32025-11-30282.1%
Q42026-02-28-228.6%
Q12026-05-31-144.4%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q1 2027YOY CHG

Revenue

$57.83M

-19.9%

Gross Profit

$11.36M

-44.9%

Gross Margin

19.64%

N/A

Market Cap

CA$399.12MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

CA$313.53K

N/A

Employees

1,273

N/A

Net Income

-$9.44M

-112.2%

EBITDA

-$5.58M

-284.9%

Quarterly Fundamentals

Name
Q1 2027YOY CHG

Total Cash

$35.93M

-39.6%

Total Debt

$36.81M

+51.9%

Accounts Receivable

$80.14M

+17.9%

Inventory

$139.24M

+0.8%

Long Term Debt

$17.64M

-9.1%

Short Term Debt

$19.17M

+296.7%

Return on Assets

-4.02%

N/A

Return on Invested Capital

-1.09%

N/A

Free Cash Flow

-$19.20M

+88.1%

Operating Cash Flow

-$18.41M

+88.5%

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Questions About VLN

What is the current price of Velan?

Velan is trading at CA$18.49 per share.

What is the 52-week range for Velan?

Over the past 52 weeks, Velan has traded between CA$13.61 and CA$19.50.

How much debt does Velan have?

As of the most recent reporting period, Velan reported total debt of $54.55M.

How much cash does Velan have on hand?

Velan reported $47.62M in cash and cash equivalents in its most recent financial results.

What is Velan’s dividend yield?

Velan currently has a dividend yield of 0.54%.

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