Velan Inc. (TSX:VLN)

Velan Statistics

Total Valuation

Velan has a market cap or net worth of CAD 316.23 million. The enterprise value is 297.23 million.

Market Cap	316.23M
Enterprise Value	297.23M

Important Dates

The last earnings date was Friday, May 16, 2025.

Earnings Date	May 16, 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 (%)	0.01%
Owned by Institutions (%)	2.40%
Float	6.02M

Valuation Ratios

PE Ratio	n/a
Forward PE	n/a
PS Ratio	0.74
PB Ratio	2.22
P/TBV Ratio	2.38
P/FCF Ratio	11.68
P/OCF Ratio	8.26
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 7.64, with an EV/FCF ratio of 10.98.

EV / Earnings	-2.73
EV / Sales	0.70
EV / EBITDA	7.64
EV / EBIT	11.35
EV / FCF	10.98

Financial Position

The company has a current ratio of 1.12, with a Debt / Equity ratio of 0.25.

Current Ratio	1.12
Quick Ratio	0.29
Debt / Equity	0.25
Debt / EBITDA	0.92
Debt / FCF	1.33
Interest Coverage	87.67

Financial Efficiency

Return on equity (ROE) is -47.84% and return on invested capital (ROIC) is 6.51%.

Return on Equity (ROE)	-47.84%
Return on Assets (ROA)	2.31%
Return on Invested Capital (ROIC)	6.51%
Return on Capital Employed (ROCE)	14.21%
Revenue Per Employee	256,013
Profits Per Employee	-65,479
Employee Count	1,641
Asset Turnover	0.60
Inventory Turnover	1.22

Taxes

In the past 12 months, Velan has paid 10.27 million in taxes.

Income Tax	10.27M
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has increased by +155.67% in the last 52 weeks. The beta is 0.14, so Velan's price volatility has been lower than the market average.

Beta (5Y)	0.14
52-Week Price Change	+155.67%
50-Day Moving Average	15.97
200-Day Moving Average	12.67
Relative Strength Index (RSI)	35.69
Average Volume (20 Days)	21,105

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 426.01 million and -108.96 million in losses. Loss per share was -5.05.

Revenue	426.01M
Gross Profit	122.55M
Operating Income	26.19M
Pretax Income	-118.34M
Net Income	-108.96M
EBITDA	36.12M
EBIT	26.19M
Loss Per Share	-5.05

Balance Sheet

The company has 56.17 million in cash and 35.90 million in debt, giving a net cash position of 20.27 million or 0.94 per share.

Cash & Cash Equivalents	56.17M
Total Debt	35.90M
Net Cash	20.27M
Net Cash Per Share	0.94
Equity (Book Value)	142.49M
Book Value Per Share	6.54
Working Capital	64.38M

Cash Flow

In the last 12 months, operating cash flow was 38.28 million and capital expenditures -11.22 million, giving a free cash flow of 27.06 million.

Operating Cash Flow	38.28M
Capital Expenditures	-11.22M
Free Cash Flow	27.06M
FCF Per Share	1.25

Margins

Gross margin is 28.77%, with operating and profit margins of 6.15% and -25.58%.

Gross Margin	28.77%
Operating Margin	6.15%
Pretax Margin	-27.78%
Profit Margin	-25.58%
EBITDA Margin	8.48%
EBIT Margin	6.15%
FCF Margin	6.35%

Dividends & Yields

This stock pays an annual dividend of 0.11, which amounts to a dividend yield of 0.74%.

Dividend Per Share	0.11
Dividend Yield	0.74%
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	n/a
Shareholder Yield	0.74%
Earnings Yield	-34.45%
FCF Yield	8.56%

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	n/a
Graham Upside	n/a

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 1.2 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	1.2
Piotroski F-Score	3