VELAN INC (VLN.CA) Stock Fundamental Analysis

TSX:VLN • CA9229321083

16.05 CAD
+0.07 (+0.44%)
Last: Feb 20, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

4

Overall VLN gets a fundamental rating of 4 out of 10. We evaluated VLN against 22 industry peers in the Machinery industry. Both the profitability and the financial health of VLN get a neutral evaluation. Nothing too spectacular is happening here. VLN has a valuation in line with the averages, but on the other hand it scores bad on growth.


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

  • In the past year VLN was profitable.
  • VLN had a negative operating cash flow in the past year.
  • VLN had negative earnings in 4 of the past 5 years.
  • Of the past 5 years VLN 4 years had a positive operating cash flow.
VLN.CA Yearly Net Income VS EBIT VS OCF VS FCFVLN.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20M -20M 40M -40M -60M

1.2 Ratios

  • Looking at the Return On Assets, with a value of 19.05%, VLN belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
  • VLN has a Return On Equity of 35.16%. This is amongst the best in the industry. VLN outperforms 100.00% of its industry peers.
  • The Return On Invested Capital of VLN (3.11%) is better than 63.64% of its industry peers.
Industry RankSector Rank
ROA 19.05%
ROE 35.16%
ROIC 3.11%
ROA(3y)-10.25%
ROA(5y)-6.88%
ROE(3y)-38.58%
ROE(5y)-24.55%
ROIC(3y)N/A
ROIC(5y)N/A
VLN.CA Yearly ROA, ROE, ROICVLN.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 -20 -40 -60

1.3 Margins

  • The Profit Margin of VLN (22.17%) is better than 100.00% of its industry peers.
  • With a decent Operating Margin value of 3.51%, VLN is doing good in the industry, outperforming 63.64% of the companies in the same industry.
  • In the last couple of years the Operating Margin of VLN has grown nicely.
  • VLN has a Gross Margin of 28.27%. This is comparable to the rest of the industry: VLN outperforms 45.45% of its industry peers.
  • In the last couple of years the Gross Margin of VLN has grown nicely.
Industry RankSector Rank
OM 3.51%
PM (TTM) 22.17%
GM 28.27%
OM growth 3Y-14.43%
OM growth 5Y51.1%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-4.03%
GM growth 5Y3.94%
VLN.CA Yearly Profit, Operating, Gross MarginsVLN.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 -10 20 -20 30

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5

2. Health

2.1 Basic Checks

  • VLN has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • Compared to 1 year ago, VLN has about the same amount of shares outstanding.
  • VLN has about the same amout of shares outstanding than it did 5 years ago.
  • The debt/assets ratio for VLN has been reduced compared to a year ago.
VLN.CA Yearly Shares OutstandingVLN.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5M 10M 15M 20M
VLN.CA Yearly Total Debt VS Total AssetsVLN.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M 400M 500M

2.2 Solvency

  • An Altman-Z score of 3.03 indicates that VLN is not in any danger for bankruptcy at the moment.
  • VLN has a better Altman-Z score (3.03) than 86.36% of its industry peers.
  • A Debt/Equity ratio of 0.18 indicates that VLN is not too dependend on debt financing.
  • VLN has a Debt to Equity ratio of 0.18. This is in the better half of the industry: VLN outperforms 77.27% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.18
Debt/FCF N/A
Altman-Z 3.03
ROIC/WACC0.38
WACC8.18%
VLN.CA Yearly LT Debt VS Equity VS FCFVLN.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 100M 200M 300M

2.3 Liquidity

  • A Current Ratio of 2.34 indicates that VLN has no problem at all paying its short term obligations.
  • VLN has a better Current ratio (2.34) than 77.27% of its industry peers.
  • A Quick Ratio of 1.05 indicates that VLN should not have too much problems paying its short term obligations.
  • VLN's Quick ratio of 1.05 is in line compared to the rest of the industry. VLN outperforms 40.91% of its industry peers.
Industry RankSector Rank
Current Ratio 2.34
Quick Ratio 1.05
VLN.CA Yearly Current Assets VS Current LiabilitesVLN.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M 400M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

1

3. Growth

3.1 Past

  • VLN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 199.05%, which is quite impressive.
  • VLN shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -27.66%.
  • The Revenue has been decreasing by -4.50% on average over the past years.
EPS 1Y (TTM)199.05%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%104.84%
Revenue 1Y (TTM)-27.66%
Revenue growth 3Y-10.46%
Revenue growth 5Y-4.5%
Sales Q2Q%-2.38%

3.2 Future

  • No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
  • No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

  • No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
  • No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
VLN.CA Yearly Revenue VS EstimatesVLN.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M 400M

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Find the best growth stocksShow best growing peers

4

4. Valuation

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 3.87, the valuation of VLN can be described as very cheap.
  • Based on the Price/Earnings ratio, VLN is valued cheaply inside the industry as 95.45% of the companies are valued more expensively.
  • VLN's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.99.
Industry RankSector Rank
PE 3.87
Fwd PE N/A
VLN.CA Price Earnings VS Forward Price EarningsVLN.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 0 0 0 0

4.2 Price Multiples

  • 81.82% of the companies in the same industry are more expensive than VLN, based on the Enterprise Value to EBITDA ratio.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 12.26
VLN.CA Per share dataVLN.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 -10

4.3 Compensation for Growth

  • The decent profitability rating of VLN may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

6

5. Dividend

5.1 Amount

  • VLN has a Yearly Dividend Yield of 4.80%, which is a nice return.
  • Compared to an average industry Dividend Yield of 1.00, VLN pays a better dividend. On top of this VLN pays more dividend than 95.45% of the companies listed in the same industry.
  • VLN's Dividend Yield is rather good when compared to the S&P500 average which is at 1.85.
Industry RankSector Rank
Dividend Yield 4.8%

5.2 History

  • The dividend of VLN decreases each year by -25.09%.
  • VLN has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)-25.09%
Div Incr Years0
Div Non Decr Years0
VLN.CA Yearly Dividends per shareVLN.CA Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2022 2023 2025 0.1 0.2 0.3 0.4 0.5

5.3 Sustainability

  • 13.40% of the earnings are spent on dividend by VLN. This is a low number and sustainable payout ratio.
DP13.4%
EPS Next 2YN/A
EPS Next 3YN/A
VLN.CA Yearly Income VS Free CF VS DividendVLN.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 -20M -40M -60M
VLN.CA Dividend Payout.VLN.CA Dividend Payout, showing the Payout Ratio.VLN.CA Dividend Payout.PayoutRetained Earnings

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VELAN INC

TSX:VLN (2/20/2026, 7:00:00 PM)

16.05

+0.07 (+0.44%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)01-15
Earnings (Next)05-19
Inst Owners17.96%
Inst Owner ChangeN/A
Ins Owners0.13%
Ins Owner ChangeN/A
Market Cap346.52M
Revenue(TTM)294.70M
Net Income(TTM)65.34M
Analysts0
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 4.8%
Yearly Dividend0.03
Dividend Growth(5Y)-25.09%
DP13.4%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE 3.87
Fwd PE N/A
P/S 0.86
P/FCF N/A
P/OCF N/A
P/B 1.36
P/tB 1.41
EV/EBITDA 12.26
EPS(TTM)4.15
EY25.86%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)-11.71
FCFYN/A
OCF(TTM)-11.3
OCFYN/A
SpS18.71
BVpS11.8
TBVpS11.39
PEG (NY)N/A
PEG (5Y)N/A
Graham Number33.19
Profitability
Industry RankSector Rank
ROA 19.05%
ROE 35.16%
ROCE 4.64%
ROIC 3.11%
ROICexc 3.68%
ROICexgc 3.8%
OM 3.51%
PM (TTM) 22.17%
GM 28.27%
FCFM N/A
ROA(3y)-10.25%
ROA(5y)-6.88%
ROE(3y)-38.58%
ROE(5y)-24.55%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3Y11.55%
ROICexgc growth 5Y80.85%
ROICexc growth 3Y11.36%
ROICexc growth 5Y80.71%
OM growth 3Y-14.43%
OM growth 5Y51.1%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-4.03%
GM growth 5Y3.94%
F-Score4
Asset Turnover0.86
Health
Industry RankSector Rank
Debt/Equity 0.18
Debt/FCF N/A
Debt/EBITDA 1.76
Cap/Depr 70.29%
Cap/Sales 2.17%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 2.34
Quick Ratio 1.05
Altman-Z 3.03
F-Score4
WACC8.18%
ROIC/WACC0.38
Cap/Depr(3y)90.27%
Cap/Depr(5y)86.44%
Cap/Sales(3y)2.87%
Cap/Sales(5y)2.86%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)199.05%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%104.84%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-27.66%
Revenue growth 3Y-10.46%
Revenue growth 5Y-4.5%
Sales Q2Q%-2.38%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-57.26%
EBIT growth 3Y-23.38%
EBIT growth 5Y44.31%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-4282.02%
FCF growth 3Y19.67%
FCF growth 5YN/A
OCF growth 1Y-5770.04%
OCF growth 3Y14.08%
OCF growth 5Y22.44%

VELAN INC / VLN.CA FAQ

Can you provide the ChartMill fundamental rating for VELAN INC?

ChartMill assigns a fundamental rating of 4 / 10 to VLN.CA.


What is the valuation status for VLN stock?

ChartMill assigns a valuation rating of 4 / 10 to VELAN INC (VLN.CA). This can be considered as Fairly Valued.


Can you provide the profitability details for VELAN INC?

VELAN INC (VLN.CA) has a profitability rating of 6 / 10.


Can you provide the PE and PB ratios for VLN stock?

The Price/Earnings (PE) ratio for VELAN INC (VLN.CA) is 3.87 and the Price/Book (PB) ratio is 1.36.


Is the dividend of VELAN INC sustainable?

The dividend rating of VELAN INC (VLN.CA) is 6 / 10 and the dividend payout ratio is 13.4%.