Velan Inc.

Velan Inc.verified

VLN.TO

Price:

$6.5

Market Cap:

$101.63M

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 cap...[Read more]

Industry

Industrial - Machinery

IPO Date

1998-06-03

Stock Exchange

TSX

Ticker

VLN.TO

The ROE as of September 2024 (TTM) for Velan Inc. (VLN.TO) is -6.78%

According to Velan Inc.’s latest financial reports and current stock price. The company's current ROE is -6.78%. This represents a change of 300.42% compared to the average of -1.69% of the last 4 quarters.

Velan Inc. (VLN.TO) Historical ROE (quarterly & annually)

How has VLN.TO ROE performed in the past?

The mean historical ROE of Velan Inc. over the last ten years is -4.64%. The current -6.78% ROE has changed 46.23% with respect to the historical average. Over the past ten years (40 quarters), VLN.TO's ROE was at its highest in in the November 2020 quarter at 3.23%. The ROE was at its lowest in in the February 2023 quarter at -23.62%.

Quarterly (TTM)
Annual

Average

-4.64%

Median

-2.82%

Minimum

-27.74%

Maximum

5.49%

Velan Inc. (VLN.TO) ROE by Quarter and Year

Discovering the peaks and valleys of Velan Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 616.48%

Maximum Annual ROE = 5.49%

Minimum Annual Increase = -623.63%

Minimum Annual ROE = -27.74%

Quarterly (TTM)
Annual
YearROEChange
2024-10.83%-60.95%
2023-27.74%616.48%
2022-3.87%-623.63%
20210.74%-112.53%
2020-5.90%233.60%
2019-1.77%-70.36%
2018-5.97%-351.16%
20172.38%113.92%
20161.11%-79.74%
20155.49%-34.29%

Velan Inc. (VLN.TO) Average ROE

How has VLN.TO ROE performed in the past?

The current ROE of Velan Inc. (VLN.TO) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-14.15%

5-year avg

-9.52%

10-year avg

-4.64%

Velan Inc. (VLN.TO) ROE vs. Peers

How is VLN.TO’s ROE compared to its peers?

Velan Inc.’s ROE is less than Logistec Corporation (7.57%), greater than mdf commerce inc. (-5.75%), greater than TVA Group Inc. (-10.76%), less than Baylin Technologies Inc. (594.34%), less than Uni-Select Inc. (5.05%),

Build a custom stock screener for Velan Inc. (VLN.TO) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Velan Inc. using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Velan Inc. (VLN.TO) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Velan Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the ROE?

How can you use the ROE?

What is Velan Inc.'s ROE?

How is the ROE calculated for Velan Inc. (VLN.TO)?

What is the highest ROE for Velan Inc. (VLN.TO)?

What is the 3-year average ROE for Velan Inc. (VLN.TO)?

What is the 5-year average ROE for Velan Inc. (VLN.TO)?

How does the current ROE for Velan Inc. (VLN.TO) compare to its historical average?