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This summary was created by AI, based on 3 opinions in the last 12 months.

Velan Inc, with symbol VLN-T, has been the subject of a take-over offer at $13 a share which led to stock price fluctuations. Despite concerns over potential French Government intervention, some experts believe the deal will eventually go through. However, others feel that the company should have received a higher price due to increasing asbestos litigation costs. Overall, there is uncertainty surrounding the stock's future and potential for a higher offer.

Consensus
Mixed
Valuation
Undervalued
TOP PICK
Velan Inc

It makes high quality valves for the nuclear industry. It had a take-over offer of $13 a share and he sold at around $12.50. However there were worries that the French Government might block the sale so the stock price dropped. The nuclear valves division is based in France. However he feels that the deal will go through in the next few months at $13.00 so has been buying it back as a short-term investment with up to 30% upside.
Buy 1  Hold 0  Sell 0 

(Analysts’ price target is $5.37)
INDUSTRIAL PRODUCTS
HOLD
Velan Inc

At this late stage, there won't be another offer, so you'll have to be happy with $13. Should have received a much higher price. Asbestos litigation costs did them in.

INDUSTRIAL PRODUCTS
Unspecified
Velan Inc

The litigation costs over asbestos content have been increasing and eating into profits. It is a jewel of a company and should be worth more than the present offer. There is the possibility of a higher offer.

INDUSTRIAL PRODUCTS
PAST TOP PICK
Velan Inc
(A Top Pick Jan 20/22, Down 39%)

Lead in their business. Just completed a successful turnaround and enjoying strong sales and a record backlog. Cheap, trading at under a third of book value. Expects a strong next quarter, and that's when the company should sell itself. He's pushing for a sale.

INDUSTRIAL PRODUCTS
PAST TOP PICK
Velan Inc
(A Top Pick Jan 20/22, Down 42%) It is a world leader in the design and manufacture of complex industrial valves and is the gold standard for nuclear valves. It has completed a successful turnaround plan and has a record backlog of of high margin business. Trading at less than 1/3 of book value, it is one of the cheapest value stocks. No analysts cover it. He and several other institutional investors are pushing for the sale or privatization of the company to unlock shareholder value. The stock is worth much more than $5, maybe even $20.
INDUSTRIAL PRODUCTS
Unspecified
Velan Inc
It is a valve maker where the end markets have great importance, especially energy and nuclear. Has a strong backlog. He is one of the activists pushing hard for the company to sell to a strategic partner for better profitability. Has a new CEO who is doing very well. Trading well below liquidation value.
INDUSTRIAL PRODUCTS
BUY
Velan Inc
Business has had strong financial results the past few quarters. Significantly increased gross margins. Turnaround plan is working as hoped. Very under valued company. Happy with improvements in corporate governance. Industrial valve backlog in orders. Expecting share buybacks to start soon (next year). Believes company is worth over $20 a share.
INDUSTRIAL PRODUCTS
BUY
Velan Inc
A leader in nuclear valves. Four years ago he was activist shareholder, but the company has made great strides since then. Their turnaround plan is in full swing. Gross margins have increased a lot and they have a record backlog. Are benefitting from energy infrastructure spending and the need for more energy. Company remains way below book value, so it's cheap. It could be sold one day. A long-term hold for a deep value investor.
INDUSTRIAL PRODUCTS
TOP PICK
Velan Inc
One of the cheapest stocks on TSX. Recent financial results were excellent with improved margins. Strong demand for nuclear energy. Trading at 50% of "net-book value". Expects company to start buying back shares. Believes value of shares to be ~$20.
INDUSTRIAL PRODUCTS
TOP PICK
Velan Inc
Fantastic results a few days ago. Hugely improved profit margins. Healthy backlog that should grow, since its big markets are energy and nuclear, which are hot right now. Trades at less than 50% of book value. His firm is pushing for a strategic sale, looking for $20-30 per share. No dividend.
INDUSTRIAL PRODUCTS
BUY
Velan Inc
They were a strong activist shareholder a few years ago and now hold a seat on the board. The transformation is nearly complete and recent earnings proved it is working, with a record order backlog and expanding margins. They expect solid earnings when reported in January. At some point it could be an acquisition target, where he thinks it would fetch 3x its current value. You have to be patient. Very little downside.
INDUSTRIAL PRODUCTS
HOLD
Velan Inc
World leaders in nuclear valves. Has become more shareholder friendly, focusing on higher margins and more profitable areas. Record backlogs, so this year should be very strong. Nominated first non-family chairman ever, a positive. Significantly below tangible book value. His firm is pushing to unlock shareholder value. Support at these levels and should go higher.
INDUSTRIAL PRODUCTS
HOLD
Velan Inc
Tremendously undervalued. Streamlining is coming along great. Improved corporate governance with non-family CEO. More selective about projects, with no more low margins. Share price moving up.
INDUSTRIAL PRODUCTS
HOLD
Velan Inc
They announced a good last quarter with a record backlog of orders. This is badly undervalued. At some point, there'll be value creation. This business has turned around towards higher-margin product. Some end markets are coming back as nuclear plants need Velan's valves. One day, the company will be privatized, but you need to be patient with this.
INDUSTRIAL PRODUCTS
BUY
Velan Inc
He likes the valuation as it is the cheapest stock on planet earth. He has been active as a shareholder on the turn around plan and is quite happy about how the plan is going now. The results two weeks ago were phenomenal. They need to buy back shares or put the company back up for sale now.
INDUSTRIAL PRODUCTS
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Velan Inc(VLN-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 1

Stockchase rating for Velan Inc is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Velan Inc(VLN-T) Frequently Asked Questions

What is Velan Inc stock symbol?

Velan Inc is a Canadian stock, trading under the symbol VLN-T on the Toronto Stock Exchange (VLN-CT). It is usually referred to as TSX:VLN or VLN-T

Is Velan Inc a buy or a sell?

In the last year, 1 stock analyst published opinions about VLN-T. 0 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Velan Inc.

Is Velan Inc a good investment or a top pick?

Velan Inc was recommended as a Top Pick by on . Read the latest stock experts ratings for Velan Inc.

Why is Velan Inc stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Velan Inc worth watching?

1 stock analyst on Stockchase covered Velan Inc In the last year. It is a trending stock that is worth watching.

What is Velan Inc stock price?

On 2024-02-29, Velan Inc (VLN-T) stock closed at a price of $5.16.