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Velan (VLN) Competitors

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C$15.68 +0.18 (+1.16%)
As of 09/26/2025 03:59 PM Eastern

VLN vs. CTS, ICG, PL, VCM, TII, MXL, TZS, MEI, SPI, and NXT

Should you be buying Velan stock or one of its competitors? The main competitors of Velan include Converge Technology Solutions (CTS), Integra Gold (ICG), Pinnacle Renewable Energy (PL), Vecima Networks (VCM), Terra Firma Capital (TII), MX Gold (MXL), Trez Capital Senior Mortgage Investment (TZS), Manitok Energy (MEI), Canadian Spirit Resources (SPI), and Natcore Technology (NXT). These companies are all part of the "electronic equipment" industry.

Velan vs. Its Competitors

Velan (TSE:VLN) and Converge Technology Solutions (TSE:CTS) are both small-cap electronic equipment companies, but which is the superior business? We will compare the two businesses based on the strength of their institutional ownership, earnings, risk, profitability, analyst recommendations, dividends, media sentiment and valuation.

4.3% of Velan shares are owned by institutional investors. Comparatively, 33.3% of Converge Technology Solutions shares are owned by institutional investors. 23.8% of Velan shares are owned by insiders. Comparatively, 6.0% of Converge Technology Solutions shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

In the previous week, Velan's average media sentiment score of 0.00 equaled Converge Technology Solutions'average media sentiment score.

Company Overall Sentiment
Velan Neutral
Converge Technology Solutions Neutral

Velan has higher earnings, but lower revenue than Converge Technology Solutions. Converge Technology Solutions is trading at a lower price-to-earnings ratio than Velan, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
VelanC$306.53M1.10-C$44.39MC$0.13120.62
Converge Technology SolutionsC$2.48B0.00-C$157.26M-C$0.83N/A

Converge Technology Solutions has a consensus target price of C$17.64, indicating a potential upside of 0.00%. Given Converge Technology Solutions' stronger consensus rating and higher probable upside, analysts clearly believe Converge Technology Solutions is more favorable than Velan.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Velan
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00
Converge Technology Solutions
1 Sell rating(s)
6 Hold rating(s)
0 Buy rating(s)
1 Strong Buy rating(s)
2.13

Velan has a beta of -0.268759, indicating that its share price is 127% less volatile than the S&P 500. Comparatively, Converge Technology Solutions has a beta of 1.81, indicating that its share price is 81% more volatile than the S&P 500.

Velan pays an annual dividend of C$0.02 per share and has a dividend yield of 0.1%. Converge Technology Solutions pays an annual dividend of C$0.06 per share. Velan pays out 16.0% of its earnings in the form of a dividend. Converge Technology Solutions pays out -7.2% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

Converge Technology Solutions has a net margin of -6.35% compared to Velan's net margin of -17.73%. Converge Technology Solutions' return on equity of -34.40% beat Velan's return on equity.

Company Net Margins Return on Equity Return on Assets
Velan-17.73% -39.44% 2.30%
Converge Technology Solutions -6.35%-34.40%1.62%

Summary

Converge Technology Solutions beats Velan on 9 of the 15 factors compared between the two stocks.

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Media Sentiment Over Time

This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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VLN vs. The Competition

MetricVelanSpecialty Industrial Machinery IndustryIndustrials SectorTSE Exchange
Market CapC$334.58MC$6.80BC$7.74BC$9.53B
Dividend Yield1.03%2.74%4.58%6.48%
P/E Ratio120.62354.45302.3426.24
Price / Sales1.10445.03266.7010.21
Price / Cash2.459.3328.1583.29
Price / Book2.902.794.745.65
Net Income-C$44.39MC$298.37MC$799.16MC$301.20M
7 Day Performance-1.63%0.04%0.08%1.60%
1 Month Performance4.19%2.83%2.05%7.44%
1 Year Performance83.18%15.90%25.73%36.87%

Velan Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
VLN
Velan
N/AC$15.68
+1.2%
N/A+91.2%C$334.58MC$306.53M120.62310
CTS
Converge Technology Solutions
N/AN/AC$17.64
+∞
N/AC$1.13BC$2.48B-7.184,210
ICG
Integra Gold
N/AC$0.85
+∞
N/A+0.0%C$413.33MN/A0.00147,000Gap Up
PL
Pinnacle Renewable Energy
N/AN/AN/AN/AC$376.63MC$490.50M-74.77800
VCM
Vecima Networks
1.5109 of 5 stars
C$10.89
+4.9%
C$19.33
+77.5%
-49.2%C$264.79MC$304.58M72.60591News Coverage
Dividend Announcement
Analyst Forecast
Gap Down
TII
Terra Firma Capital
N/AC$7.25
-0.5%
N/A+0.0%C$40.46MC$5.09M22.6633,000
MXL
MX Gold
N/AC$0.11
+∞
N/A+0.0%C$31.40MN/A0.001,840Gap Up
TZS
Trez Capital Senior Mortgage Investment
N/AN/AN/AN/AC$14.64MC$1.16M3.62N/A
MEI
Manitok Energy
N/AC$0.04
flat
N/A+0.0%C$12.73MN/A0.007,000
SPI
Canadian Spirit Resources
N/AC$0.02
+33.3%
N/A-55.6%C$5.76MC$14.92K-1.00420Gap Up
NXT
Natcore Technology
N/AC$0.06
+∞
N/A+0.0%C$5.46MN/A-4.29N/AGap Up

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This page (TSE:VLN) was last updated on 9/27/2025 by MarketBeat.com Staff
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