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VLN.TO$15.62+0.45%
Fair $15.62+0.0%

VLN.TO

Velan Inc.

Industrials / Specialty Industrial MachineryToronto

$15.62

+0.07 (+0.45%)

Fairly Valued+0.0%Fair Value $15.62Fund rank 25/100 · Data gapFallback financials|
SA 39/D
F-Score: 4/9

FCF base 3Y

n/d

n/d CAGR · yield n/d

FCF base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 34% · confianza 18%

FCF escenarios

weak_data · normalized FCF $4.2M · quality 43.7/100

Data gap 25/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 13/100Data QA 20/100

Ranking barato/determinista: CAGR esperado 5Y + downside bear + calidad del modelo + balance + capital allocation + data gate. No entra en buy-candidate si la data es débil o el CAGR 5Y no compensa.

Quality + valuation scorecard

SA Score

39/100

D

Piotroski

4/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 0unknown: 4
No SEC-backed annual rows; valuation uses fallback financial data. Insufficient audited annual history (<3 SEC-backed years); composite fair value and forward targets are disabled until manually verified.
Thesis & Journal · VLN.TOLocal privado en este navegador · Velan Inc.
Plantilla tipo buy-side: tesis, bull/base/bear, catalizadores, riesgos, kill criteria y fecha de revisión. Esto no gasta GPT-5.5; luego lo usamos como contexto del memo.

Sin guardar todavía.

Market Cap

$337M

P/E

15.9x

↓

EV/EBITDA

28.9x

↑

ROE

40.7%

↑

Gross Margin

27.4%

↑

Debt/Equity

0.20

↓
52-Week Range$16
$14$20

TradingView lightweight chart

VLN.TO price, volumen y niveles de valoración

Último $15.62Periodo -21.9%
Fair value: $15.62

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2023–2026 · 3 años de histórico normalizado

Revenue CAGR

-7.2%

FCF CAGR

—

FCF margin

-56.4%

FCF / Net income

-2.26x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $296.4M · net income $73.9M · FCF $-167.2M

2023-FY → 2026-FY

Gross margin

27.4%-3.0% pts

Operating margin

3.8%-2.6% pts

Net margin

24.9%+39.9% pts

FCF margin

-56.4%-54.8% pts
MetricTTM
2026
2025
2024
2023
Income Statement
Revenue$296.4M$296.4M$295.2M$258.7M$370.4M
Net Income$73.9M$73.9M$-75.5M$-19.7M$-55.5M
EBITDA$11.1M$11.1M$-72.8M$-18.3M$-34.7M
EPS——-3.50-0.91-2.57
Gross Margin27.4%27.4%28.8%21.1%30.4%
Operating Margin3.8%3.8%6.1%-3.3%6.4%
Net Margin24.9%24.9%-25.6%-7.6%-15.0%
Balance Sheet
Debt/Equity0.200.200.250.230.20
Current Ratio2.132.13———
Cash Flow
Free Cash Flow$-167.2M$-167.2M$15.8M$4.2M$-6.1M
Returns
ROE40.7%40.7%-77.2%-10.8%-27.7%
Valuation
P/E15.9415.94———
EV/EBITDA28.8828.88———
P/B1.861.862.990.611.37
Growth & Yield
Revenue Growth0.4%0.4%14.1%-30.2%—
EPS Growth——-284.6%64.6%—
Dividend Yield2.6%2.6%———

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%
Reverse DCF requires positive EPS; loss-making or zero-EPS companies cannot produce a clean EPS hurdle.

Qué te dice: cuánto EPS CAGR está descontando el precio si sales al múltiplo terminal indicado. Si el growth observado queda por debajo, el mercado está pidiendo una ejecución muy fina.

Return attribution · 1Y approxreconcilia total +7.4%

Total return

+7.4%

Start / end P/E

n/dx → n/dx

EPS bridge

-3.50 → n/d

Residual

+4.8%

EPS growthn/d
Multiple reratingn/d
Dividend+2.6%
Residual / FX / buybacks / cross-term+4.8%

EPS/multiple decomposition requires positive EPS at both endpoints; residual absorbs price move not explained by dividends.

Simple additive decomposition: total return = EPS growth contribution + P/E multiple contribution + dividend contribution + explicit residual. The residual captures cross-terms, buybacks/share-count effects, FX, special dividends, data noise and methodology mismatch so the bridge always reconciles.