Free Trial

Velan (VLN) Competitors

Velan logo
C$17.67 -0.21 (-1.17%)
As of 11/11/2026 09:42 AM Eastern

VLN vs. XBC, GRN, NXH, REK, and ENW

Should you buy Velan stock or one of its competitors? Velan's main competitors and comparable companies include Xebec Adsorption (XBC), Greenlane Renewables (GRN), Next Hydrogen Solutions (NXH), Reko International Group (REK), and EnWave (ENW). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "industrial machinery & supplies & components" industry.

How does Velan compare to Xebec Adsorption?

Velan (TSE:VLN) and Xebec Adsorption (TSE:XBC) are both small-cap industrials companies, but which is the better stock? We will compare the two businesses based on the strength of their valuation, risk, institutional ownership, analyst recommendations, earnings, profitability, media sentiment and dividends.

Xebec Adsorption has a net margin of 0.00% compared to Velan's net margin of -9.31%. Xebec Adsorption's return on equity of 0.00% beat Velan's return on equity.

Company Net Margins Return on Equity Return on Assets
Velan-9.31% -14.80% 2.30%
Xebec Adsorption N/A N/A N/A

5.0% of Velan shares are held by institutional investors. 23.8% of Velan shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

In the previous week, Velan's average media sentiment score of 0.00 equaled Xebec Adsorption'saverage media sentiment score.

Company Overall Sentiment
Velan Neutral
Xebec Adsorption Neutral

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
VelanC$271.93M1.40-C$44.39M-C$1.18N/A
Xebec AdsorptionC$155.36M0.00-C$31.87M-C$0.21N/A

Summary

Xebec Adsorption beats Velan on 5 of the 9 factors compared between the two stocks.

How does Velan compare to Greenlane Renewables?

Velan (TSE:VLN) and Greenlane Renewables (TSE:GRN) are both small-cap industrials companies, but which is the better business? We will contrast the two businesses based on the strength of their risk, media sentiment, valuation, dividends, institutional ownership, analyst recommendations, earnings and profitability.

Greenlane Renewables has a net margin of -8.84% compared to Velan's net margin of -9.31%. Velan's return on equity of -14.80% beat Greenlane Renewables' return on equity.

Company Net Margins Return on Equity Return on Assets
Velan-9.31% -14.80% 2.30%
Greenlane Renewables -8.84%-17.03%-9.89%

Velan has a beta of -0.060168, meaning that its stock price is 106% less volatile than the broader market. Comparatively, Greenlane Renewables has a beta of 3.839635, meaning that its stock price is 284% more volatile than the broader market.

5.0% of Velan shares are owned by institutional investors. Comparatively, 3.3% of Greenlane Renewables shares are owned by institutional investors. 23.8% of Velan shares are owned by insiders. Comparatively, 9.1% of Greenlane Renewables shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
VelanC$271.93M1.40-C$44.39M-C$1.18N/A
Greenlane RenewablesC$43.21M0.72-C$21.61M-C$0.03N/A

In the previous week, Greenlane Renewables had 2 more articles in the media than Velan. MarketBeat recorded 2 mentions for Greenlane Renewables and 0 mentions for Velan. Velan's average media sentiment score of 0.00 equaled Greenlane Renewables'average media sentiment score.

Company Overall Sentiment
Velan Neutral
Greenlane Renewables Neutral

Summary

Velan and Greenlane Renewables tied by winning 6 of the 12 factors compared between the two stocks.

How does Velan compare to Next Hydrogen Solutions?

Velan (TSE:VLN) and Next Hydrogen Solutions (CVE:NXH) are both small-cap industrials companies, but which is the better investment? We will compare the two businesses based on the strength of their dividends, media sentiment, risk, analyst recommendations, institutional ownership, profitability, valuation and earnings.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
VelanC$271.93M1.40-C$44.39M-C$1.18N/A
Next Hydrogen SolutionsC$3.99M6.94-C$11.21M-C$0.13N/A

Velan has a net margin of -9.31% compared to Next Hydrogen Solutions' net margin of -188.19%. Velan's return on equity of -14.80% beat Next Hydrogen Solutions' return on equity.

Company Net Margins Return on Equity Return on Assets
Velan-9.31% -14.80% 2.30%
Next Hydrogen Solutions -188.19%-138.91%-33.96%

Velan has a beta of -0.060168, suggesting that its stock price is 106% less volatile than the broader market. Comparatively, Next Hydrogen Solutions has a beta of -3.078411, suggesting that its stock price is 408% less volatile than the broader market.

5.0% of Velan shares are owned by institutional investors. Comparatively, 7.1% of Next Hydrogen Solutions shares are owned by institutional investors. 23.8% of Velan shares are owned by company insiders. Comparatively, 18.5% of Next Hydrogen Solutions shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

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

Company Overall Sentiment
Velan Neutral
Next Hydrogen Solutions Neutral

Summary

Velan beats Next Hydrogen Solutions on 6 of the 11 factors compared between the two stocks.

How does Velan compare to Reko International Group?

Velan (TSE:VLN) and Reko International Group (CVE:REK) are both small-cap industrials companies, but which is the superior investment? We will compare the two businesses based on the strength of their valuation, analyst recommendations, media sentiment, profitability, institutional ownership, risk, dividends and earnings.

5.0% of Velan shares are held by institutional investors. 23.8% of Velan shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

In the previous week, Reko International Group had 1 more articles in the media than Velan. MarketBeat recorded 1 mentions for Reko International Group and 0 mentions for Velan. Velan's average media sentiment score of 0.00 equaled Reko International Group'saverage media sentiment score.

Company Overall Sentiment
Velan Neutral
Reko International Group Neutral

Reko International Group has lower revenue, but higher earnings than Velan.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
VelanC$271.93M1.40-C$44.39M-C$1.18N/A
Reko International GroupN/AN/AN/AN/AN/A

Reko International Group has a net margin of 0.00% compared to Velan's net margin of -9.31%. Reko International Group's return on equity of 0.00% beat Velan's return on equity.

Company Net Margins Return on Equity Return on Assets
Velan-9.31% -14.80% 2.30%
Reko International Group N/A N/A N/A

Summary

Velan beats Reko International Group on 4 of the 7 factors compared between the two stocks.

How does Velan compare to EnWave?

Velan (TSE:VLN) and EnWave (CVE:ENW) are both small-cap industrials companies, but which is the superior stock? We will compare the two companies based on the strength of their analyst recommendations, profitability, risk, valuation, institutional ownership, dividends, media sentiment and earnings.

Velan has a beta of -0.060168, suggesting that its share price is 106% less volatile than the broader market. Comparatively, EnWave has a beta of 1.807367, suggesting that its share price is 81% more volatile than the broader market.

Velan has a net margin of -9.31% compared to EnWave's net margin of -14.59%. Velan's return on equity of -14.80% beat EnWave's return on equity.

Company Net Margins Return on Equity Return on Assets
Velan-9.31% -14.80% 2.30%
EnWave -14.59%-16.94%-16.70%

EnWave has lower revenue, but higher earnings than Velan. EnWave 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$271.93M1.40-C$44.39M-C$1.18N/A
EnWaveC$12.29M1.93-C$2.40M-C$0.01N/A

5.0% of Velan shares are owned by institutional investors. Comparatively, 0.4% of EnWave shares are owned by institutional investors. 23.8% of Velan shares are owned by company insiders. Comparatively, 2.6% of EnWave shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

In the previous week, EnWave had 2 more articles in the media than Velan. MarketBeat recorded 2 mentions for EnWave and 0 mentions for Velan. Velan's average media sentiment score of 0.00 equaled EnWave'saverage media sentiment score.

Company Overall Sentiment
Velan Neutral
EnWave Neutral

Summary

Velan beats EnWave on 7 of the 12 factors compared between the two stocks.

Get Velan News Delivered to You Automatically

Sign up to receive the latest news and ratings for VLN and its competitors with MarketBeat's FREE daily newsletter.

Subscribe Now
SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

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.
Skip Chart

VLN vs. The Competition

MetricVelanMachinery IndustryIndustrials SectorTSE Exchange
Market CapC$381.43MC$10.35BC$10.10BC$13.19B
Dividend Yield2.34%2.33%2.92%4.73%
P/E Ratio-14.9732.8332.7929.95
Price / Sales1.402.543.033.96
Price / Cash2.4518.1520.2234.92
Price / Book2.493.233.883.57
Net Income-C$44.39MC$373.63MC$610.50MC$299.09M
7 Day Performance0.97%3.04%2.86%1.72%
1 Month Performance1.03%-1.73%-1.29%-1.79%
1 Year Performance-0.95%2.37%2.42%12.92%

Velan Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
VLN
Velan
N/AC$17.67
-1.2%
N/A+1.3%C$381.43MC$271.93MN/A1,300
XBC
Xebec Adsorption
N/AN/AN/AN/AC$78.91MC$155.36MN/A600
GRN
Greenlane Renewables
N/AC$0.20
+14.3%
N/A-27.8%C$31.96MC$43.21MN/A146
NXH
Next Hydrogen Solutions
N/AC$0.40
flat
N/A-48.7%C$27.73MC$3.99MN/A43
REK
Reko International Group
N/AC$4.25
+2.4%
N/A+0.0%C$27.39MN/AN/A147,000

Related Companies and Tools


This page (TSE:VLN) was last updated on 11/12/2026 by MarketBeat.com Staff.
From Our Partners