Velan

Velan

Velan is one of the world's leading manufacturers of industrial steel valves, recognized as a standard-bearer in quality and innovation. Learn more

Launch date
Employees
Market cap
AUD158m
Enterprise valuation
AUD154m (Public information from Sep 2024)
Montreal Quebec (HQ)

Financials

Estimates*

Edit
Revenues, earnings & profits over time
USD2018201920202021202220232024
Revenues318m352m372m302m411m370m347m
% growth-11 %6 %(19 %)36 %(10 %)(6 %)
EBITDA(4.1m)7.1m17.1m11.8m54.4m35.0m19.9m
% EBITDA margin(1 %)2 %5 %4 %13 %9 %6 %
Profit(16.8m)(4.7m)(16.4m)2.9m(21.1m)(55.5m)(19.7m)
% profit margin(5 %)(1 %)(4 %)1 %(5 %)(15 %)(6 %)
EV / revenue0.8x0.4x0.3x0.4x0.3x0.5x0.2x
EV / EBITDA-61.0x18.1x6.5x11.2x2.5x5.3x3.6x
  • Edit
DateInvestorsAmountRound
N/A

N/A

IPO
*

$500k

Post IPO Equity
*

$245m

Valuation: $245m

0.6x EV/LTM Revenues

4.5x EV/LTM EBITDA

Acquisition
Total Funding-

Recent News about Velan

Edit
More about Velaninfo icon
Edit

Velan Inc. is a global leader in the design and production of cast and forged severe service valves and steam traps, catering to a wide range of industrial applications. The company serves clients in sectors such as nuclear power, oil and gas, refining, chemical, pulp and paper, marine, mining, LNG cryogenics, and water and wastewater treatment. Velan's product portfolio includes bellows seal globe valves, high-performance cryogenic butterfly valves, triple offset valves, and high-capacity piston-operated steam traps, among others. The company operates on a business-to-business (B2B) model, primarily targeting large industrial clients who require reliable and high-performance valve solutions. Velan generates revenue through the sale of its specialized valves and steam traps, as well as through providing maintenance services, spare parts, and technical support. The company's commitment to quality and innovation is evident in its rigorous design, production, and testing processes, ensuring that its products meet the highest standards of performance and durability. Velan also engages in philanthropic activities through the Velan Foundation, contributing to various projects in Canada and overseas.

Keywords: severe service valves, steam traps, industrial applications, nuclear power, oil and gas, cryogenic butterfly valves, triple offset valves, high-capacity steam traps, B2B model, quality and innovation.

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.

Investments by Velan

Edit
Velan ABV S.r.l.
ACQUISITION by Velan Apr 2011