Velan Inc. (TSX:VLN)

Velan Statistics

Total Valuation

Velan has a market cap or net worth of CAD 316.66 million. The enterprise value is 266.34 million.

Market Cap	316.66M
Enterprise Value	266.34M

Important Dates

The last earnings date was Thursday, July 3, 2025.

Earnings Date	Jul 3, 2025
Ex-Dividend Date	Jun 16, 2025

Share Statistics

Velan has 21.59 million shares outstanding.

Current Share Class	6.02M
Shares Outstanding	21.59M
Shares Change (YoY)	n/a
Shares Change (QoQ)	n/a
Owned by Insiders (%)	7.56%
Owned by Institutions (%)	2.17%
Float	4.39M

Valuation Ratios

The trailing PE ratio is 81.95.

PE Ratio	81.95
Forward PE	n/a
PS Ratio	0.75
PB Ratio	1.28
P/TBV Ratio	1.33
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 6.87, with an EV/FCF ratio of -1.26.

EV / Earnings	68.93
EV / Sales	0.63
EV / EBITDA	6.87
EV / EBIT	10.17
EV / FCF	-1.26

Financial Position

The company has a current ratio of 2.25, with a Debt / Equity ratio of 0.14.

Current Ratio	2.25
Quick Ratio	1.09
Debt / Equity	0.14
Debt / EBITDA	0.92
Debt / FCF	-0.17
Interest Coverage	47.34

Financial Efficiency

Return on equity (ROE) is -26.16% and return on invested capital (ROIC) is 5.56%.

Return on Equity (ROE)	-26.16%
Return on Assets (ROA)	2.93%
Return on Invested Capital (ROIC)	5.56%
Return on Capital Employed (ROCE)	8.86%
Revenue Per Employee	326,609
Profits Per Employee	2,993
Employee Count	1,664
Asset Turnover	0.75
Inventory Turnover	1.22

Taxes

Income Tax	-50.78M
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has increased by +138.15% in the last 52 weeks. The beta is 0.13, so Velan's price volatility has been lower than the market average.

Beta (5Y)	0.13
52-Week Price Change	+138.15%
50-Day Moving Average	15.08
200-Day Moving Average	13.66
Relative Strength Index (RSI)	52.94
Average Volume (20 Days)	14,513

Short Selling Information

The latest short interest is 22, so 0.00% of the outstanding shares have been sold short.

Short Interest	22
Short Previous Month	57
Short % of Shares Out	0.00%
Short % of Float	0.00%
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, Velan had revenue of CAD 421.65 million and earned 3.86 million in profits. Earnings per share was 0.18.

Revenue	421.65M
Gross Profit	122.03M
Operating Income	26.18M
Pretax Income	-116.03M
Net Income	3.86M
EBITDA	36.15M
EBIT	26.18M
Earnings Per Share (EPS)	0.18

Balance Sheet

The company has 87.12 million in cash and 35.66 million in debt, giving a net cash position of 51.45 million or 2.38 per share.

Cash & Cash Equivalents	87.12M
Total Debt	35.66M
Net Cash	51.45M
Net Cash Per Share	2.38
Equity (Book Value)	247.96M
Book Value Per Share	11.43
Working Capital	206.52M

Cash Flow

In the last 12 months, operating cash flow was -200.02 million and capital expenditures -10.97 million, giving a free cash flow of -211.00 million.

Operating Cash Flow	-200.02M
Capital Expenditures	-10.97M
Free Cash Flow	-211.00M
FCF Per Share	-9.77

Margins

Gross margin is 28.94%, with operating and profit margins of 6.21% and 0.92%.

Gross Margin	28.94%
Operating Margin	6.21%
Pretax Margin	-27.52%
Profit Margin	0.92%
EBITDA Margin	8.57%
EBIT Margin	6.21%
FCF Margin	n/a

Dividends & Yields

This stock pays an annual dividend of 0.40, which amounts to a dividend yield of 2.70%.

Dividend Per Share	0.40
Dividend Yield	2.70%
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	16.45%
Buyback Yield	n/a
Shareholder Yield	2.70%
Earnings Yield	1.22%
FCF Yield	-66.63%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value	n/a
Lynch Upside	n/a
Graham Number
Graham Upside

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

Velan has an Altman Z-Score of 2.89 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	2.89
Piotroski F-Score	5