Velan, Inc. Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis

April 2024 | 50 pages | ID: VF1A8A3B2BABEN
BAC Reports

Abstracts

Velan, Inc. Fundamental Company Report provides a complete overview of the company’s affairs. All available data is presented in a comprehensive and easily accessed format. The report includes financial and SWOT information, industry analysis, opinions, estimates, plus annual and quarterly forecasts made by stock market experts. The report also enables direct comparison to be made between Velan, Inc. and its competitors. This provides our Clients with a clear understanding of Velan, Inc. position in the Heavy Machinery Industry.

• The report contains detailed information about Velan, Inc. that gives an unrivalled in-depth knowledge about internal business-environment of the company: data about the owners, senior executives, locations, subsidiaries, markets, products, and company history.
• Another part of the report is a SWOT-analysis carried out for Velan, Inc.. It involves specifying the objective of the company's business and identifies the different factors that are favorable and unfavorable to achieving that objective. SWOT-analysis helps to understand company’s strengths, weaknesses, opportunities, and possible threats against it.
• The Velan, Inc. financial analysis covers the income statement and ratio trend-charts with balance sheets and cash flows presented on an annual and quarterly basis. The report outlines the main financial ratios pertaining to profitability, margin analysis, asset turnover, credit ratios, and company’s long-term solvency. This sort of company's information will assist and strengthen your company’s decision-making processes.
• In the part that describes Velan, Inc. competitors and the industry in whole, the information about company's financial ratios is compared to those of its competitors and to the industry. The unique analysis of the market and company’s competitors along with detailed information about the internal and external factors affecting the relevant industry will help to manage your business environment. Your company’s business and sales activities will be boosted by gaining an insight into your competitors’ businesses.
• Also the report provides relevant news, an analysis of PR-activity, and stock price movements. The latter are correlated with pertinent news and press releases, and annual and quarterly forecasts are given by a variety of experts and market research firms. Such information creates your awareness about principal trends of Velan, Inc. business.

About Velan, Inc.

Velan Inc. engages in the design, manufacture, and marketing a range of industrial valves for use in various industry applications, including power generation, oil and gas, refining and petrochemicals, chemical, LNG and cryogenics, pulp and paper and shipbuilding on a worldwide basis.

The company has 13 valve manufacturing plants, of which 4 are in Canada, 2 in each of France and Korea and 1 in each of the United States, Portugal, the United Kingdom, Taiwan, and China.

Products

The company manufactures a line of industrial steel valves for application in various industries. Its product lines are grouped into the primary categories of gate, globe, and check valves and quarter-turn valves.

Gate, Globe & Check Valves

API 600 cast steel gate, globe, and check valves: The company manufactures these valves, which are used in process industries (such as oil, chemical, petrochemical, refining, and pulp and paper) and power industries (such as nuclear, fossil fuel, and cogeneration power).

API 603 stainless steel gate, globe, and check valves: A complementary product to the API 600 valves, these products are used for corrosive applications in the petrochemical and related industries.

API 602 small forged gate, globe, and check valves: As part of the company’s mature product line, these valves include different configurations and options, making the valves suitable for standard services and tough applications alike.

Pressure seal gate, globe, and check valves: The company's pressure seal valves are used by the nuclear and fossil power generation industries, the US Navy, and other industries with high pressure/temperature steam applications. It is a manufacturer capable of supplying these forged valves, which are available in sizes to 24 inches.

Y-pattern valves: The company's patented high pressure y-pattern globe valves are used in power plants around the world.

Knife gate valves: The company's patented stainless steel bolted bonnet knife gate valves offer an option for handling slurries in pulp and paper mills and other industries.

Proquip dual-plate check valves: Built for long service life in critical services, this engineered product line extends from valves for cryogenics to high temperatures and pressures (ASME 2500), standard to specialty materials (monel, inconel, titanium) and sizes up to 60 inches. It is used primarily in the oil and gas industries.

Quarter-Turn Valves

Resilient-seated ball valves: Led by the patented Memoryseal ball valve design, the company offers a range of resilient seated ball valves.

Securaseal metal-seated ball valves: The company's Securaseal metal-seated ball valves are for severe applications, where high temperatures and corrosive and/or abrasive media make it the only choice. It offers metal-seated ball valves for various niche markets, including HPAL mineral processing.

Coker ball valves: The company offers ball valves for delayed cokers, an application in an oil refinery.

Power ball valves: These high pressure/high temperature ball valves help meet the power industry’s demand for quarter-turn style products. Power ball valves are one-piece forged valves, designed to handle the steam isolation applications in nuclear and thermal power plants.

API 6D pipeline ball valves: The company sells a range of trunnion-mounted pipeline ball valves up to 64 inches in size. These valves perform various standard and severe services, including cryogenic, offshore, sub sea, and underground.

Torqseal triple-offset ball valves: These zero-leakage valves are built for long service life in critical services. Since they can handle everything from cryogenics to high temperatures and pressures, they’re put to work in a range of environments, such as offshore oil platforms, fossil and nuclear power plants, and petroleum refineries.

Velflex high performance cryogenic butterfly valves: The company offers cryogenic butterfly valve used in the liquid natural gas (LNG) industry.

Other Products

Bimetallic steam traps: This steam traps are incorporated by major steam trap manufacturers. Bimetal is a composite metal comprising two or more metallic layers with different coefficients of expansion, which changes curvature when subjected to heat. These steam trap valves are used in thermal power plants or aboard ships, as in the US Navy.

Adareg control valves: These control valves are designed for severe service conditions. Adareg valves are used for cryogenic applications, such as in CERN, a particle physics laboratory, where one would find temperatures down to -273 C. They are also used in other research and aerospace applications.

Sales, Distribution and Marketing

The company sells its products directly or through a network of distributors and agents. Its distribution network includes approximately 150 distributors, with branches in the United States, Canada and overseas.

Dispositions

In July 2008, the company sold its 50% interest in an Italian joint venture company.

History

Velan Inc. was founded in 1950.

The above Company Fundamental Report is a half-ready report and contents are subject to change.
It means that we have all necessary data in our database to prepare the report but need 2-3 days to complete it. During this time we are also updating the report with respect to the current moment. So, you can get all the most recent data available for the same price. Please note that preparation of additional types of analyses requires extra time.

Contents

RESEARCH METHODOLOGY

DISCLAIMER

1. VELAN, INC. COMPANY PROFILE

1.1. Key facts
1.2. Financial Performance
1.3. Key Executives
1.4. Ownership and Major Holders
1.5. Company History

2. VELAN, INC. BUSINESS OVERVIEW

2.1. Business Description
2.2. Major Products and Services
2.3. Markets and Sales Activities
2.4. Locations, Subsidiaries, Operating Units

3. VELAN, INC. SWOT ANALYSIS

3.1. Overview
3.2. Strengths
3.3. Weaknesses
3.4. Opportunities
3.5. Threats

4. VELAN, INC. FINANCIAL ANALYSIS

4.1. Financial Statements
4.1.1. Income Statement
4.1.2. Balance Sheet
4.1.3. Cash Flow
4.2. Financial Ratios
4.2.1. Profitability
4.2.2. Margin Analysis
4.2.3. Asset Turnover
4.2.4. Credit Ratios
4.2.5. Long-Term Solvency
4.2.6. Growth Over Prior Year
4.2.7. Financial Ratios Charts
4.3. Stock Market Snapshot

5. VELAN, INC. COMPETITORS AND INDUSTRY ANALYSIS

5.1. Velan, Inc. Direct Competitors
5.2. Comparison of Velan, Inc. and Direct Competitors Financial Ratios
5.3. Comparison of Velan, Inc. and Direct Competitors Stock Charts
5.4. Velan, Inc. Industry Analysis
5.4.1. Heavy Machinery Industry Snapshot
  5.4.2. Velan, Inc. Industry Position Analysis

6. VELAN, INC. NEWS & EVENTS

6.1. News & PR Activity Analysis
6.2. IR Corporate News
6.3. Marketing News
6.4. Corporate Events

7. VELAN, INC. EXPERTS REVIEW¹

7.1. Experts Consensus
7.2. Experts Revisions

8. VELAN, INC. ENHANCED SWOT ANALYSIS²

9. CANADA PESTEL ANALYSIS²

9.1. Political Factors
9.2. Economic Factors
9.3. Social Factors
9.4. Technological Factors
9.5. Environmental Factors
9.6. Legal Factors

10. VELAN, INC. IFE, EFE, IE MATRICES²

10.1. Internal Factor Evaluation Matrix
10.2. External Factor Evaluation Matrix
10.3. Internal External Matrix

11. VELAN, INC. PORTER FIVE FORCES ANALYSIS²

12. VELAN, INC. VRIO ANALYSIS²

APPENDIX: RATIO DEFINITIONS

LIST OF FIGURES

Velan, Inc. Annual Revenues in Comparison with Cost of Goods Sold and Gross Profit
Profit Margin Chart
Operating Margin Chart
Return on Equity (ROE) Chart
Return on Assets (ROA) Chart
Debt to Equity Chart
Current Ratio Chart
Velan, Inc. 1-year Stock Charts
Velan, Inc. 5-year Stock Charts
Velan, Inc. vs. Main Indexes 1-year Stock Chart
Velan, Inc. vs. Direct Competitors 1-year Stock Charts
Velan, Inc. Article Density Chart

1 – Data availability depends on company’s security policy.
2 – These sections are available only when you purchase a report with appropriate additional types of analyses.
The complete financial data is available for publicly traded companies.

List Of Tables

LIST OF TABLES

Velan, Inc. Key Facts
Profitability
Management Effectiveness
Income Statement Key Figures
Balance Sheet Key Figures
Cash Flow Statement Key Figures
Financial Performance Abbreviation Guide
Velan, Inc. Key Executives
Velan, Inc. Major Shareholders
Velan, Inc. History
Velan, Inc. Products
Revenues by Segment
Revenues by Region
Velan, Inc. Offices and Representations
Velan, Inc. SWOT Analysis
Yearly Income Statement Including Trends
Income Statement Latest 4 Quarters Including Trends
Yearly Balance Sheet Including Trends
Balance Sheet Latest 4 Quarters Including Trends
Yearly Cash Flow Including Trends
Cash Flow Latest 4 Quarters Including Trends
Velan, Inc. Profitability Ratios
Margin Analysis Ratios
Asset Turnover Ratios
Credit Ratios
Long-Term Solvency Ratios
Financial Ratios Growth Over Prior Year
Velan, Inc. Capital Market Snapshot
Velan, Inc. Direct Competitors Key Facts
Direct Competitors Profitability Ratios
Direct Competitors Margin Analysis Ratios
Direct Competitors Asset Turnover Ratios
Direct Competitors Credit Ratios
Direct Competitors Long-Term Solvency Ratios
Heavy Machinery Industry Statistics
Velan, Inc. Industry Position
Company vs. Industry Income Statement Analysis
Company vs. Industry Balance Sheet Analysis
Company vs. Industry Cash Flow Analysis
Company vs. Industry Ratios Comparison
Velan, Inc. Consensus Recommendations¹
Analyst Recommendation Summary¹
Price Target Summary¹
Experts Recommendation Trends¹
Revenue Estimates Analysis¹
Earnings Estimates Analysis¹
Historical Surprises¹
Revenue Estimates Trend¹
Earnings Estimates Trend¹
Revenue Revisions¹

ANALYSIS FEATURES

SWOT Analysis

SWOT, which stands for Strengths, Weaknesses, Opportunities and Threats, is an analytical framework that identifies the internal and external factors that are favorable and unfavorable for a company.

Enhanced SWOT Analysis

Enhanced SWOT is a 3×3 grid that arranges strengths, weaknesses, opportunities and threats into one scheme:

• How to use the strengths to take advantage of the opportunities?
• How to use the strengths to reduce likelihood and impact of the threats?
• How to overcome the weaknesses that obstruct taking advantage of the opportunities?
• How to overcome the weaknesses that can make the threats a reality?

Upon answering these questions a company can develop a project plan to improve its business performance.

PESTEL Analysis

PESTEL (also termed as PESTLE) is an ideal tool to strategically analyze what influence different outside factors – political, economic, sociocultural, technological, environmental and legal – exert on a business to later chart its long term targets.

Being part of the external analysis when carrying out a strategic assessment or performing a market study, PESTEL gives an overview of diverse macro-environmental factors that any company should thoughtfully consider. By perceiving these outside environments, businesses can maximally benefit from the opportunities while minimizing the threats to the organization.

Key Factors Examined by PESTEL Analysis:

• Political – What opportunities and pressures are brought by political bodies and what is the degree of public regulations’ impact on the business?
• Economic – What economic policies, trends and structures are expected to affect the organization, what is this influence’s degree?
• Sociological – What cultural and societal aspects will work upon the demand for the business’s products and operations?
• Technological – What impact do the technological aspects, innovations, incentives and barriers have on the organization?
• Environmental – What environmental and ecological facets, both locally and farther afield, are likely to predetermine the business?
• Legal – What laws and legislation will exert influence on the style the business is carried out?

IFE, EFE, IE Matrices

The Internal Factor Evaluation matrix (IFE matrix) is a strategic management tool helping audit or evaluate major weaknesses and strengths in a business’s functional areas. In addition, IFE matrix serves as a basis for identifying and assessing relationships amongst those areas. The IFE matrix is utilised in strategy formulation.

The External Factor Evaluation matrix (EFE matrix) is a tool of strategic management that is typically utilised to assess current market conditions. It is an ideal instrument for visualising and prioritising the threats and opportunities a firm is facing.

The essential difference between the above mentioned matrices lies in the type of factors incorporated in the model; whilst the latter is engaged in internal factors, the former deals exceptionally with external factors – those exposed to social, political, economic, legal, etc. external forces.

Being a continuation of the EFE matrix and IFE matrix models, the Internal External matrix (IE matrix) rests upon an investigation of external and internal business factors integrated into one suggestive model.

Porter Five Forces Analysis

The Porter’s five forces analysis studies the industry of operation and helps the company find new sources of competitive advantage. The analysis surveys an industry through five major questions:

1. What composes a threat of substitute products and services?
2. Is there a threat of new competitors entering the market?
3. What is the intensity of competitive rivalry?
4. How big is the bargaining power of buyers?
5. How significant is the bargaining power of suppliers?

VRIO Analysis

VRIO stands for Value, Rarity, Imitability, Organization. This analysis helps to evaluate all company’s resources and capabilities and bring them together into one aggregate table that includes:

• Tangible resources
  • Financial
  • Physical
  • Technological
  • Organizational
• Intangible resources
  • Human
  • Innovation and Creativity
  • Reputation
• Organizational capabilities

The result of the analysis gives a clear picture of company’s competitive and economic implications, answering the questions if the resources mentioned above are:

• Valuable?
• Rare?
• Costly to imitate?
• Organized properly?