Paul Poirier - Velan Chief America

VLN Stock  CAD 10.75  0.25  2.27%   

Insider

Paul Poirier is Chief America of Velan Inc
Address 7007 Cote de Liesse, Montreal, QC, Canada, H4T 1G2
Phone514 748 7743
Webhttps://www.velan.com

Velan Management Efficiency

The company has return on total asset (ROA) of 0.023 % which means that it generated a profit of $0.023 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.0557) %, meaning that it generated substantial loss on money invested by shareholders. Velan's management efficiency ratios could be used to measure how well Velan manages its routine affairs as well as how well it operates its assets and liabilities. As of the 3rd of December 2024, Return On Tangible Assets is likely to grow to 0.03. Also, Return On Capital Employed is likely to grow to 0.11. At this time, Velan's Debt To Assets are very stable compared to the past year. As of the 3rd of December 2024, Fixed Asset Turnover is likely to grow to 7.49, while Total Assets are likely to drop about 454.8 M.
Velan Inc has accumulated 41.42 M in total debt with debt to equity ratio (D/E) of 23.3, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Velan Inc has a current ratio of 2.01, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Velan until it has trouble settling it off, either with new capital or with free cash flow. So, Velan's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Velan Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Velan to invest in growth at high rates of return. When we think about Velan's use of debt, we should always consider it together with cash and equity.

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Velan Inc. designs, manufactures, and markets industrial valves worldwide. The company was founded in 1950 and is headquartered in Montral, Canada. VELAN INC operates under Diversified Industrials classification in Canada and is traded on Toronto Stock Exchange. It employs 1827 people. Velan Inc (VLN) is traded on Toronto Exchange in Canada and employs 1,618 people. Velan is listed under Industrial Machinery & Supplies & Components category by Fama And French industry classification.

Management Performance

Velan Inc Leadership Team

Elected by the shareholders, the Velan's board of directors comprises two types of representatives: Velan inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Velan. The board's role is to monitor Velan's management team and ensure that shareholders' interests are well served. Velan's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Velan's outside directors are responsible for providing unbiased perspectives on the board's policies.
Paul Dion, Vice President Canadian Sales
Karel Velan, Founder Emeritus
Bryant Holt, VicePresident MRO
Shane Velan, Chief Officer
Paul Poirier, Chief America
Laurent Pefferkorn, Executive SBU
Sabine Bruckert, Vice President - Human Resources, General Counsel, Corporate Secretary
BSBA CPA, Interim Chairman
Duke Tran, Executive Service
Rishi Sharma, Chief Officer
Bruno Carbonaro, President, CEO
John Ball, Executive Finance
Daniel Velan, Vice President - Markeing

Velan Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Velan a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Velan

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Velan position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Velan will appreciate offsetting losses from the drop in the long position's value.

Moving together with Velan Stock

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The ability to find closely correlated positions to Velan could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Velan when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Velan - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Velan Inc to buy it.
The correlation of Velan is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Velan moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Velan Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Velan can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Velan Stock

Velan financial ratios help investors to determine whether Velan Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Velan with respect to the benefits of owning Velan security.