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Velan (VLN) Competitors

Velan logo
C$18.49 0.00 (0.00%)
As of 09/25/2026 03:59 PM Eastern
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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 contrast the two companies based on the strength of their institutional ownership, media sentiment, earnings, dividends, profitability, analyst recommendations, valuation and risk.

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$282.01M1.42-C$44.39M-C$0.60N/A
Xebec AdsorptionC$155.36M0.00-C$31.87M-C$0.21N/A

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

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

Xebec Adsorption has a net margin of 0.00% compared to Velan's net margin of -4.51%. 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-4.51% -7.22% 2.30%
Xebec Adsorption N/A N/A N/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 superior business? We will contrast the two companies based on the strength of their dividends, valuation, earnings, profitability, media sentiment, analyst recommendations, risk and institutional ownership.

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$282.01M1.42-C$44.39M-C$0.60N/A
Greenlane RenewablesC$43.21M0.70-C$21.61M-C$0.03N/A

In the previous week, Velan's average media sentiment score of 0.00 equaled Greenlane Renewables'average media sentiment score.

Company Overall Sentiment
Velan Neutral
Greenlane Renewables Neutral

Velan has a beta of 0.662828, indicating that its stock price is 34% less volatile than the broader market. Comparatively, Greenlane Renewables has a beta of 3.627435, indicating that its stock price is 263% more volatile than the broader market.

Velan has a net margin of -4.51% compared to Greenlane Renewables' net margin of -10.01%. Velan's return on equity of -7.22% beat Greenlane Renewables' return on equity.

Company Net Margins Return on Equity Return on Assets
Velan-4.51% -7.22% 2.30%
Greenlane Renewables -10.01%-18.95%-9.89%

5.0% of Velan shares are held by institutional investors. Comparatively, 3.3% of Greenlane Renewables shares are held by institutional investors. 23.8% of Velan shares are held by insiders. Comparatively, 9.1% of Greenlane Renewables shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Summary

Velan beats Greenlane Renewables on 7 of the 11 factors compared between the two stocks.

How does Velan compare to Next Hydrogen Solutions?

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

Next Hydrogen Solutions has higher earnings, but lower revenue 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
Next Hydrogen SolutionsC$3.99M7.64-C$11.21M-C$0.13N/A
VelanC$282.01M1.42-C$44.39M-C$0.60N/A

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

Company Overall Sentiment
Next Hydrogen Solutions Neutral
Velan Neutral

Next Hydrogen Solutions has a beta of -3.81802, meaning that its share price is 482% less volatile than the broader market. Comparatively, Velan has a beta of 0.662828, meaning that its share price is 34% less volatile than the broader market.

7.2% of Next Hydrogen Solutions shares are owned by institutional investors. Comparatively, 5.0% of Velan shares are owned by institutional investors. 18.5% of Next Hydrogen Solutions shares are owned by company insiders. Comparatively, 23.8% of Velan shares are owned 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.

Velan has a net margin of -4.51% compared to Next Hydrogen Solutions' net margin of -188.19%. Velan's return on equity of -7.22% beat Next Hydrogen Solutions' return on equity.

Company Net Margins Return on Equity Return on Assets
Next Hydrogen Solutions-188.19% -138.91% -33.96%
Velan -4.51%-7.22%2.30%

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?

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

In the previous week, Reko International Group's average media sentiment score of 0.00 equaled Velan'saverage media sentiment score.

Company Overall Sentiment
Reko International Group Neutral
Velan Neutral

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

Reko International Group has a net margin of 0.00% compared to Velan's net margin of -4.51%. 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
Reko International GroupN/A N/A N/A
Velan -4.51%-7.22%2.30%

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Reko International GroupN/AN/AN/AN/AN/A
VelanC$282.01M1.42-C$44.39M-C$0.60N/A

Summary

Velan beats Reko International Group on 4 of the 6 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 contrast the two businesses based on the strength of their institutional ownership, risk, valuation, dividends, analyst recommendations, profitability, media sentiment and earnings.

Velan has a net margin of -4.51% compared to EnWave's net margin of -14.59%. Velan's return on equity of -7.22% beat EnWave's return on equity.

Company Net Margins Return on Equity Return on Assets
Velan-4.51% -7.22% 2.30%
EnWave -14.59%-16.94%-16.70%

Velan has a beta of 0.662828, meaning that its stock price is 34% less volatile than the broader market. Comparatively, EnWave has a beta of 1.680028, meaning that its stock price is 68% more volatile than the broader market.

5.0% of Velan shares are owned by institutional investors. Comparatively, 0.1% 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 hedge funds, endowments and large money managers believe a company is poised for long-term growth.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
VelanC$282.01M1.42-C$44.39M-C$0.60N/A
EnWaveC$12.29M2.12-C$2.40M-C$0.01N/A

In the previous week, 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 6 of the 11 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding VLN and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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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

Export
MetricVelanMachinery IndustryIndustrials SectorTSE Exchange
Market CapC$399.13MC$11.22BC$10.22BC$12.56B
Dividend Yield2.22%2.29%96.84%6.28%
P/E Ratio-30.8220.8325.3239.97
Price / Sales1.4262.64278.829.21
Price / Cash2.4523.1523.8882.29
Price / Book2.394.284.864.67
Net Income-C$44.39MC$370.56MC$614.63MC$299.09M
7 Day PerformanceN/A0.56%0.76%-0.29%
1 Month Performance-0.59%-3.25%-2.72%-2.54%
1 Year Performance17.92%6.85%4.38%19.51%

Velan Competitors List

Export
CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
VLN
Velan
N/AC$18.49
flat		N/A+19.3%C$399.13MC$282.01MN/A310
XBC
Xebec Adsorption
N/AN/AN/AN/AC$78.91MC$155.36MN/A600
GRN
Greenlane Renewables
N/AC$0.20
+2.6%		N/A-32.1%C$31.16MC$43.21MN/A146
NXH
Next Hydrogen Solutions
N/AC$0.44
flat		N/A-2.2%C$30.50MC$3.99MN/A43
REK
Reko International Group
N/AC$4.25
+2.4%		N/A+0.0%C$27.39MN/AN/A147,000

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This page (TSE:VLN) was last updated on 9/26/2026 by MarketBeat.com Staff.
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