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Realtime updates for Velan Inc [VLN.TO]

Exchange: TSX Industry: Specialty Industrial Machinery
Last Updated24 Apr 2024 @ 14:16

3.21% $ 5.78

Live Chart Being Loaded With Signals

Commentary (24 Apr 2024 @ 14:16):

Velan Inc. designs, manufactures, and markets industrial valves worldwide. It offers cryogenic valves comprising cast steel cryogenic, small forged cryogenic, cryogenic triple-offset, memoryseal ball, and cryogenic control valves; gate, globe, and check valves, including pressure seal, cast steel, small forged, dual-plate check, bolted bonnet high pressure, cast stainless steel corrosion resistant, bonnetless, and knife gate valves, as well as maintenance valves for nuclear service; and quarter-turn valves, such as ball, metal-seated ball, high performance three-piece ball, general purpose ball, triple-offset, high performance cryogenic butterfly, coker ball, and cap-tight batch digester capping valves...

Stats
Today's Volume 2 200.00
Average Volume 6 969.00
Market Cap 124.76M
EPS $0 ( 2024-01-12 )
Next earnings date ( $0 ) 2024-05-14
Last Dividend $0.0300 ( 2023-06-15 )
Next Dividend $0 ( N/A )
P/E -1.400
ATR14 $0 (0.00%)

Velan Inc Correlation

10 Most Positive Correlations
10 Most Negative Correlations

Did You Know?

Correlation is a statistical measure that describes the relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation (as one variable increases, the other decreases), 1 indicates a perfect positive correlation (as one variable increases, the other increases), and 0 indicates no correlation (there is no relationship between the variables).

Correlation can be used to analyze the relationship between any two variables, not just stocks. It's commonly used in fields such as finance, economics, psychology, and more.

Velan Inc Financials

Annual 2022
Revenue: $370.43M
Gross Profit: $112.47M (30.36 %)
EPS: $-2.57
Q3 2023
Revenue: $80.95M
Gross Profit: $16.39M (20.24 %)
EPS: $-0.340
Q2 2023
Revenue: $80.32M
Gross Profit: $23.39M (29.12 %)
EPS: $-0.0982
Q1 2023
Revenue: $67.66M
Gross Profit: $15.05M (22.25 %)
EPS: $-0.380

Financial Reports:

No articles found.

Velan Inc Dividends

(Q3/22) (Q4/22) (Q1/23) (Q2/23) (Q3/23) (Q4/23) (Q1/24) (Q2/24) (Q3/24) (Q4/24)
$0
(N/A)
$0
(N/A)
$0
(N/A)
$0.0300
(N/A)
$0
(N/A)
$0
(N/A)
$0
(N/A)
$0
(N/A)
$0
(N/A)
$0
(N/A)

Velan Inc Dividend Information - Dividend Junior

Dividend Sustainability Score: 5.22 - average (41.21%) | Divividend Growth Potential Score: 0.448 - No dividend expected

Very Unsafe

High risk of being cut

Unsafe

Heightened risk of being cut

Borderline

Moderate risk of being cut

Safe

Unlikely to be cut

Very Safe

Very unlikely to be cut

Information
First Dividend $0.0630 1999-11-29
Last Dividend $0.0300 2023-06-15
Next Dividend $0 N/A
Payout Date 2023-06-30
Next Payout Date N/A
# dividends 61 --
Total Paid Out $5.64 --
Avg. Dividend % Per Year 0.25% --
Score 2.06 --
Div. Sustainability Score 5.22
Div.Growth Potential Score 0.448
Div. Directional Score 2.83 --
Next Divdend (Est)
(2024-05-31)
$0.0288 Estimate 4.05 %
Dividend Stability
0.32 Poor
Dividend Score
2.06
Pay Frequency
Annually
Yearly Payout
Year Amount Yield
1999 $0 0.00%
2000 $0 0.00%
2001 $0 0.00%
2002 $0 0.00%
2003 $0 0.00%
2004 $0 0.00%
2005 $0 0.00%
2006 $0 0.00%
2007 $0 0.00%
2008 $0 0.00%
2009 $0 0.00%
2010 $0 0.00%
2011 $0 0.00%
2012 $0 0.00%
2013 $0 0.00%
2014 $0 0.00%
2015 $0 0.00%
2016 $0 0.00%
2017 $0 0.00%
2018 $0.190 1.60%
2019 $0.120 1.37%
2020 $0.0300 0.34%
2021 $0 0.00%
2022 $0.0300 0.36%
2023 $0.0300 0.57%
2024 $0 0.00%

Dividend Commentary

With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.

Top 10 dividend Companies for TSX

Symbol Title Last dividend Frequency Years Dividend Yearly Dividend Score
XID.TO Dividend Junior 2023-06-26 Annually 15 1.67%
PXC.TO Dividend Junior 2023-06-28 Quarterly 13 1.74%
FLRM.TO Dividend Junior 2023-06-19 Quarterly 7 1.86%
ABST.TO Dividend Knight 2023-05-10 Quarterly 12 1.37%
UMI.TO Dividend Junior 2023-06-23 Quarterly 7 1.34%
MKB.TO Dividend Knight 2023-09-01 Monthly 9 1.44%
CYH.TO Dividend King 2023-09-25 Monthly 17 2.68%
XSTB.TO Dividend Junior 2023-08-25 Monthly 6 1.14%
RPI-UN.TO Dividend King 2023-09-28 Monthly 19 1.88%
GWO-PN.TO Dividend King 2023-08-30 Quarterly 14 1.89%

Dividend Sustainability Score (DSS)

RatioActual ValueWeightNormalized ValueScoreRange
netProfitMarginTTM-0.1891.500-3.77-5.66[0 - 0.5]
returnOnAssetsTTM-0.1401.200-4.68-5.61[0 - 0.3]
returnOnEquityTTM-0.3371.500-4.86-7.29[0.1 - 1]
payoutRatioTTM-0.00757-1.000-0.07570.0757[0 - 1]
currentRatioTTM2.690.8001.5381.230[1 - 3]
quickRatioTTM0.9780.8008.957.16[0.8 - 2.5]
cashRatioTTM0.2201.5009.8910.00[0.2 - 2]
debtRatioTTM0.0953-1.5008.41-10.00[0 - 0.6]
interestCoverageTTM3.061.0009.989.98[3 - 30]
operatingCashFlowPerShareTTM0.1462.009.9510.00[0 - 30]
freeCashFlowPerShareTTM-0.1952.00-0.0975-0.195[0 - 20]
debtEquityRatioTTM0.238-1.5009.05-10.00[0 - 2.5]
grossProfitMarginTTM0.2751.0008.748.74[0.2 - 0.8]
operatingProfitMarginTTM0.04581.000-1.085-1.085[0.1 - 0.6]
cashFlowToDebtRatioTTM0.07131.000-0.715-0.715[0.2 - 2]
assetTurnoverTTM0.7440.8008.376.70[0.5 - 2]
Total Score5.22

Dividend Growth Score (DGS)

RatioActual ValueWeightNormalized ValueScoreRange
peRatioTTM-1.4041.000-0.2430[1 - 100]
returnOnEquityTTM-0.3372.50-3.12-7.29[0.1 - 1.5]
freeCashFlowPerShareTTM-0.1952.00-0.0650-0.195[0 - 30]
dividendYielPercentageTTM0.7111.50010.000[0 - 0.4]
operatingCashFlowPerShareTTM0.1462.009.9510.00[0 - 30]
payoutRatioTTM-0.007571.500-0.07570.0757[0 - 1]
pegRatioTTM0.004421.500-3.300[0.5 - 2]
operatingCashFlowSalesRatioTTM0.009131.000-2.270[0.1 - 0.5]
Total Score0.448

Velan Inc

Velan Inc. designs, manufactures, and markets industrial valves worldwide. It offers cryogenic valves comprising cast steel cryogenic, small forged cryogenic, cryogenic triple-offset, memoryseal ball, and cryogenic control valves; gate, globe, and check valves, including pressure seal, cast steel, small forged, dual-plate check, bolted bonnet high pressure, cast stainless steel corrosion resistant, bonnetless, and knife gate valves, as well as maintenance valves for nuclear service; and quarter-turn valves, such as ball, metal-seated ball, high performance three-piece ball, general purpose ball, triple-offset, high performance cryogenic butterfly, coker ball, and cap-tight batch digester capping valves. The company also provides cast and small forged hydrofluoric acid valves; and bellows seal bolted bonnet high pressure, seal cast steel, and seal API small forged valves. In addition, it offers bimetallic and thermodynamic steam traps. The company serves nuclear power, power, oil and gas, refining, chemical, pulp and paper, marine, mining, LNG and cryogenics, and water and wastewater sectors. It primarily sells its products through independent third-party distributors and sales agents. The company was formerly known as Velan Engineering Ltd. and changed its name to Velan Inc. in February 1981. Velan Inc. was founded in 1950 and is headquartered in Montréal, Canada.

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