Perma-Pipe International Holdings, Inc. (PPIH)
$
28.63
-0.97 (-3.39%)
Key metrics
Financial statements
Free cash flow per share
1.5157
Market cap
231.7 Million
Price to sales ratio
1.1541
Debt to equity
0.4991
Current ratio
1.7564
Income quality
1.1827
Average inventory
17.5 Million
ROE
0.1757
Technology
Technology – consumer electronics
Largecap
With a market cap of 121,78 bil stock is ranked 1
Low risk
ISS score of this stock is ranked 1
Company description
Profile
Perma-Pipe International Holdings, Inc., along with its subsidiaries, specializes in engineering, designing, manufacturing, and selling unique piping and leak detection systems. The company provides jacketed district heating and cooling piping systems essential for energy distribution from central energy plants to diverse locations. Additionally, it offers primary and secondary containment piping systems for transporting chemicals, hazardous fluids, and petroleum products. Engaging in the coating and insulation of oil and gas gathering and transmission pipelines is also a core part of its operations. Furthermore, Perma-Pipe International Holdings, Inc. supplies liquid and powder-based anti-corrosion coatings that protect both external and internal surfaces of steel pipes, including various shapes such as bends, reducers, tees, and other spools/fittings used in pipelines for transporting oil, gas products, and potable water. The company's stock is identified with the symbol 'PPIH' in the market. For the fiscal year 2025 the income before tax ratio is 0.12 reflecting the pre-tax margin. The gross profit ratio stands at 0.34 indicative of the efficiency of the company's production and sales operations. Additionally, the EBITDA is $20,301,000.00 a key indicator of the company's operational profitability. Perma-Pipe International Holdings, Inc. has established operations in the United States, Canada, the Middle East, Europe, India, and beyond, and it was previously known as MFRI, Inc. before rebranding in March 2017. The company was incorporated in 1993 and is headquartered in Niles, Illinois. In terms of market position, the stock is affordable at $23.84 making it suitable for budget-conscious investors. However, the stock has a low average trading volume of 95,618.00 indicating lower market activity. With a market capitalization of $231,732,508.00 the company is classified as a small-cap player, highlighting its niche position within the industry. Perma-Pipe International Holdings, Inc. is a key player in the Construction industry, contributing significantly to the overall market landscape. Additionally, as it belongs to the Industrials sector, it plays an important role in driving innovation and growth.
Is Perma-Pipe International Holdings, Inc. (PPIH) a good investment?
Investing in Perma-Pipe International Holdings, Inc. (PPIH) depends on multiple factors, including revenue growth, profit margins, debt-to-equity ratio, earnings per share, and return on equity. Analysts have rated it as B, with a Bearish outlook. Always conduct your own research before investing.
What is Perma-Pipe International Holdings, Inc. (PPIH)'s stock forecast?
Analysts predict Perma-Pipe International Holdings, Inc. stock to fluctuate between $8.81 (low) and $36.48 (high) in the next 365 days, reflecting market expectations and potential volatility.
What is Perma-Pipe International Holdings, Inc.'s market capitalization?
As of 2026-03-20, Perma-Pipe International Holdings, Inc.'s market cap is $231,732,508, based on 8,094,045 outstanding shares.
How does Perma-Pipe International Holdings, Inc. compare to competitors like Caterpillar Inc.?
Compared to Caterpillar Inc., Perma-Pipe International Holdings, Inc. has a Lower Market-Cap, indicating a difference in performance.
How can I buy Perma-Pipe International Holdings, Inc. (PPIH) stock?
To buy Perma-Pipe International Holdings, Inc. (PPIH) stock: Open a brokerage account (e.g., Robinhood, TD Ameritrade, E-Trade). Search for PPIH. Place an order (Market, Limit, etc.).
What is the best time to invest in Perma-Pipe International Holdings, Inc.?
The best time to invest depends on market trends and technical indicators, which show a Bearish trend based on economic conditions and company performance.
How did Perma-Pipe International Holdings, Inc. perform in the last earnings report?
Revenue: $158,384,000 | EPS: $1.13 | Growth: 0%.
Where can I find Perma-Pipe International Holdings, Inc.'s investor relations reports?
Visit https://www.permapipe.com/investor-relations for detailed financial reports.
Where can I find historical stock prices for Perma-Pipe International Holdings, Inc.?
You can explore historical data from here
What is the all-time high and low for Perma-Pipe International Holdings, Inc. stock?
All-time high: $36.48 (2025-12-12) | All-time low: $6.17 (2023-11-17).
What are the key trends affecting Perma-Pipe International Holdings, Inc. stock?
Key trends include market demand, economic conditions, interest rates, and industry competition, which influence the stock's performance.
News
seekingalpha.com
Perma-Pipe International Holdings is a niche piping systems provider demonstrating strong recent revenue growth and contract wins. PPIH's backlog surged from $38.5M (2022) to $148.9M (Q3 2025), signaling robust forward demand and earnings visibility. Profitability and cash flows have trended positively, with adjusted operating cash flow reaching $21.9M and EBITDA $25.3M in the latest period.
zacks.com
PPIH accelerates global growth with Saudi Aramco approval, rising project wins, and expanded local capacity, boosting its presence in energy and infrastructure markets.
zacks.com
PPIH reported a year-over-year surge in Q3 EPS, driven by strong sales in the Middle East and North America. However, higher compliance and executive transition costs weighed on margins.
seekingalpha.com
Perma-Pipe International Holdings is a specialized pipe manufacturer, operating primarily in the Middle East and North America. PPIH is poised to benefit from increased capital expenditures in the Middle East, supporting its expansion and revenue growth. Company backlog signals significant revenue growth ahead, as shown by the attractive Book-to-Bill ratio.
seekingalpha.com
Perma-Pipe reported 28% year-over-year sales growth in Q2 2025, driven by strong project volumes in the Middle East and North America. Margins were temporarily impacted by a one-time executive compensation expense and a high tax rate, distorting true profitability. Backlog surged 109% year-over-year, and the company is exploring entry into the data center cooling market, adding optional growth potential.
businesswire.com
SPRING, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (NASDAQ: PPIH) today announced that its Saudi Arabian business unit has received formal technical and commercial approval from Saudi Aramco, the world's largest oil company. This approval significantly expands Perma-Pipe's business opportunities in the Kingdom, enabling the Company to directly serve the oil and gas sector, a critical step forward in its long-term strategic plan to strengthen its presence and broaden its pro.
zacks.com
Perma-Pipe's Q2 earnings fall 75% year over year due to a one-time executive cost, though sales rise 27.7%, driven by strong demand in the Middle East and North America. A strategic review is currently underway.
businesswire.com
SPRING, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (NASDAQ: PPIH) announced today financial results for the second quarter ended July 31, 2025. “For the three months ended July 31, 2025, net sales were $47.9 million, an increase of $10.4 million, or 27.7%, compared to $37.5 million in the prior-year quarter. Growth was driven by higher sales volumes in both the Middle East and North America. Gross profit was $14.4 million, up $0.9 million from $13.5 million last year, refle.
seekingalpha.com
Perma-Pipe's specialty pipes and leak detection systems serve critical roles in energy, oil & gas, and increasingly, data center markets. The shift to liquid cooling in data centers creates a significant new growth avenue and recent strategic hires highlight management's commitment to expanding in the data center. While data centers offer growth, the legacy pipeline business remains robust, ensuring a stable foundation for continued company success.
zacks.com
Perma-Pipe's Q1 earnings per share improve year over year, driven by strong MENA demand and margin gains, despite rising payroll costs impacting operating expenses.
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