Velan (VLNSF) Tax Provision: $-8.6 Mil (TTM As of May. 2026)

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

VLNSF Velan Inc VLNSF
62 GF Score
Price $12.10
GF Value $9.27
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Velan Tax Provision?

Velan VLNSF +0.62% 62 Tax Provision is $-8.6 Mil as of May. 2026. GuruFocus rates VLNSF with a GF Score™ of 62/100 and a GF Value™ of $9.27 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Velan's tax provision for the three months ended in May. 2026 was $-1.7 Mil. Its tax provision for the trailing twelve months (TTM) ended in May. 2026 was $-8.6 Mil.

Velan Tax Provision Historical Data

* Premium members only.

The historical data trend for Velan's Tax Provision can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Velan Tax Provision Chart

Velan Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Tax Provision
Get a 7-Day Free Trial Premium Member Only Premium Member Only -46.43 -8.05 -2.27 14.55 15.05

Velan Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Tax Provision Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.96 -1.82 -2.66 -2.43 -1.69
VLNSF
62GF Score
Velan Inc VLNSF
Tax Provision is just one metric. See GF Score™, valuation, warning signs, and more.
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Velan Tax Provision Calculation

Tax to be paid.

Tax Provision for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-8.6 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Tax Provision →
What does a Tax Provision of $-8.6 Mil mean?
Velan (VLNSF) has a Tax Provision of $-8.6 Mil as of May. 2026. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Velan and its competitors.
Is Velan's Tax Provision too high?
Velan's current Tax Provision is $-8.6 Mil. Overall, Velan has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Velan's Tax Provision compare to GEV and ETN?
Velan's Tax Provision of $-8.6 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Provision for an Industrial Products company?
A good Tax Provision depends on the Industrial Products industry context. However, Tax Provision should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Provision mean?
A high Tax Provision can signal that a stock is expensive relative to its fundamentals. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Velan and its competitors. Velan's current Tax Provision is $-8.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Velan stock overvalued right now?
Based on GuruFocus' analysis, Velan (VLNSF) is currently considered Significantly Overvalued. The stock's GF Value™ is $9.27, compared to a current price of $12.10 — trading 30.5% above its estimated fair value. The current Tax Provision is $-8.6 Mil. Velan's overall GF Score™ is 62/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Provision calculated?
Tax Provision is calculated from a company's financial statements. For Velan (VLNSF), the current Tax Provision is $-8.6 Mil as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Velan (VLNSF) Overvalued in 2026?

Based on GuruFocus' analysis, Velan stock appears to be overvalued. The current stock price of $12.10 is trading 30.5% above its estimated GF Value™ of $9.27. GuruFocus considers Velan to be Significantly Overvalued.

Key valuation signals for VLNSF:

  • Tax Provision: $-8.6 Mil
  • GF Value™: $9.27 vs. price of $12.10 (30.5% above fair value)
  • GF Score™: 62/100 with 6 warning signs

No single metric tells the full story. See the VLNSF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Velan Business Description

Other Exchanges VLN:Canada
Address 7007 Cote de Liesse Road, Montreal, QC, CAN, H4T 1G2
Velan Inc is an international manufacturer of industrial valves. The company offers products such as Gate valves, check valves, cryogenic, steam traps, and others, which are used in various industries including power generation, oil and gas, refining and petrochemicals, chemical, liquid natural gas (LNG) and cryogenics, mining, shipbuilding, water, and wastewater. It operates in various geographical regions: Canada, the United States, France, Italy, and Other countries.
62GF Score

Get the complete analysis for VLNSF

Tax Provision is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$12.10
Price
$9.27
GF Value