Velan Inc. (TSX:VLN)

Velan Statistics

Total Valuation

Velan has a market cap or net worth of CAD 337.82 million. The enterprise value is 322.13 million.

Market Cap	337.82M
Enterprise Value	322.13M

Important Dates

The next estimated earnings date is Friday, January 16, 2026.

Earnings Date	Jan 16, 2026
Ex-Dividend Date	Nov 13, 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 (%)	2.16%
Float	4.39M

Valuation Ratios

The trailing PE ratio is 991.53.

PE Ratio	991.53
Forward PE	n/a
PS Ratio	0.83
PB Ratio	1.41
P/TBV Ratio	1.47
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 9.52, with an EV/FCF ratio of -1.32.

EV / Earnings	945.49
EV / Sales	0.79
EV / EBITDA	9.52
EV / EBIT	14.70
EV / FCF	-1.32

Financial Position

The company has a current ratio of 2.37, with a Debt / Equity ratio of 0.16.

Current Ratio	2.37
Quick Ratio	1.08
Debt / Equity	0.16
Debt / EBITDA	1.16
Debt / FCF	-0.16
Interest Coverage	50.49

Financial Efficiency

Return on equity (ROE) is -26.89% and return on invested capital (ROIC) is 4.71%.

Return on Equity (ROE)	-26.89%
Return on Assets (ROA)	2.45%
Return on Invested Capital (ROIC)	4.71%
Return on Capital Employed (ROCE)	7.63%
Revenue Per Employee	321,938
Profits Per Employee	269
Employee Count	1,664
Asset Turnover	0.73
Inventory Turnover	1.17

Taxes

Income Tax	-48.94M
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has increased by +39.91% in the last 52 weeks. The beta is 0.11, so Velan's price volatility has been lower than the market average.

Beta (5Y)	0.11
52-Week Price Change	+39.91%
50-Day Moving Average	15.50
200-Day Moving Average	15.31
Relative Strength Index (RSI)	46.82
Average Volume (20 Days)	6,230

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 407.25 million and earned 340,702 in profits. Earnings per share was 0.02.

Revenue	407.25M
Gross Profit	116.00M
Operating Income	21.92M
Pretax Income	-114.76M
Net Income	340,702
EBITDA	31.20M
EBIT	21.92M
Earnings Per Share (EPS)	0.02

Balance Sheet

The company has 56.01 million in cash and 39.22 million in debt, giving a net cash position of 16.79 million or 0.78 per share.

Cash & Cash Equivalents	56.01M
Total Debt	39.22M
Net Cash	16.79M
Net Cash Per Share	0.78
Equity (Book Value)	238.96M
Book Value Per Share	11.02
Working Capital	201.00M

Cash Flow

In the last 12 months, operating cash flow was -233.19 million and capital expenditures -10.49 million, giving a free cash flow of -243.68 million.

Operating Cash Flow	-233.19M
Capital Expenditures	-10.49M
Free Cash Flow	-243.68M
FCF Per Share	-11.29

Margins

Gross margin is 28.48%, with operating and profit margins of 5.38% and 0.08%.

Gross Margin	28.48%
Operating Margin	5.38%
Pretax Margin	-28.18%
Profit Margin	0.08%
EBITDA Margin	7.66%
EBIT Margin	5.38%
FCF Margin	n/a

Dividends & Yields

This stock pays an annual dividend of 0.40, which amounts to a dividend yield of 2.55%.

Dividend Per Share	0.40
Dividend Yield	2.55%
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	2,910.08%
Buyback Yield	n/a
Shareholder Yield	2.55%
Earnings Yield	0.10%
FCF Yield	-72.13%

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 3.13 and a Piotroski F-Score of 5.

Altman Z-Score	3.13
Piotroski F-Score	5