
Perma-Pipe International Holdings, Inc.
PPIHNASDAQIndustrialsIndustrial - Machinery
Previous close
$27.61
+$0.72 · +2.68%
PPIH company overview
Regular session · ET · Market data may be delayed.
GoAI snapshot
AI-powered factor overview
GoAI score
Hold
Wait — insufficient conviction to act
Valuation
81
Deep Value
Momentum
24
Weakening
Sentiment
58
Mixed
Risk resilience
45
Elevated Risk
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Company profile
Company websitePerma-Pipe International Holdings, Inc., along with its subsidiaries, specializes in the engineering, design, manufacturing, and sale of specialized piping and leak detection solutions. Its product portfolio includes jacketed district heating and cooling pipeline systems, facilitating energy distribution from centralized power plants to diverse destinations. The company also provides primary and secondary containment piping systems, crucial for the secure transport of chemicals, hazardous liquids, and petroleum products. Additionally, Perma-Pipe undertakes the coating and insulation of oil and gas gathering and transmission pipelines. They offer liquid and powder-based anti-corrosion coatings for both the exterior and interior surfaces of steel pipes, including complex components like bends, reducers, tees, and various spools/fittings, which are utilized in pipelines for conveying oil and gas products as well as potable water. Maintaining a global presence, the company operates across the United States, Canada, the Middle East, Europe, India, and other international markets. Incorporated in 1993, the entity was formerly known as MFRI, Inc. before adopting the name Perma-Pipe International Holdings, Inc. in March 2017. Its corporate headquarters are situated in Niles, Illinois.
- Industry
- Industrial - Machinery
- Sector
- Industrials
- Headquarters
- US
- CEO
- Saleh Sagr
- Listed since
- Dec 15, 1989
- Employees
- 909
Market position
Day range
Current $27.61
52-week range
Current $27.61
- Open
- $27.63
- Previous close
- $26.89
- Volume
- 161.03K
- 1.42× average
- Average volume
- 113.13K
- Average daily volume
- Market cap
- 224.35M USD
- Beta
- 0.59
- Market reference 1
- 50-day average
- $26.0246
- +6.09% above average
- 200-day average
- $29.3617
- -5.97% below average
Financials
Financial snapshot
Latest / TTMValuation & yield
- Enterprise value
- 260.54M USD
- P/E (TTM)
- 16.05×
- P/B (TTM)
- 2.43×
- P/S (TTM)
- 1.05×
- EV / EBITDA
- 7.55×
- Earnings yield
- 7.33%
- Free cash flow yield
- -0.55%
- Dividend yield
- 0.00%
Profitability & efficiency
- Gross margin
- 31.43%
- Operating margin
- 12.22%
- Net margin
- 6.47%
- Return on equity
- 18.79%
- Return on assets
- 7.83%
- Return on invested capital
- 13.85%
Financial health
- Debt / equity
- 0.6×
- Current ratio
- 1.84×
- Altman Z-score
- 3.24
- Piotroski F-score
- 5 of 9
Financial statements
Margin trends
Profitability as a percentage of reported revenue.
Income trends
Revenue
Operating income
Net income
| Metric (USD) | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | 210.93M USD | 158.38M USD | 150.67M USD | 142.57M USD | 138.55M USD |
| Cost of goods sold | 141.44M USD | 105.14M USD | 109.21M USD | 104.27M USD | 106.02M USD |
| Gross profit | 69.49M USD | 53.25M USD | 41.46M USD | 38.3M USD | 32.53M USD |
| Research and development | — | 100K USD | — | — | — |
| Selling, general, and administrative | 40.04M USD | 32.95M USD | 28.1M USD | 27.16M USD | 24.42M USD |
| Operating expenses | 40.04M USD | 32.95M USD | 28.1M USD | 27.16M USD | 24.42M USD |
| Interest income | 298K USD | 284K USD | 163K USD | 124K USD | 90K USD |
| Interest expense | 2.12M USD | 2.22M USD | 2.43M USD | 2.24M USD | 918K USD |
| Depreciation and amortization | 4.91M USD | 3.63M USD | 3.83M USD | 3.65M USD | 4.32M USD |
| Operating income | 29.45M USD | 20.3M USD | 13.36M USD | 11.14M USD | 8.11M USD |
| Net income | 17.04M USD | 8.98M USD | 10.47M USD | 5.95M USD | 6.06M USD |
Company facts updated Aug 24, 2026.
Earnings
- EPS beat rate
- 25%
- 1 beat, 3 misses, 0 met estimates
- Average EPS surprise
- -38.54%
- 4 comparable reports
- Latest EPS result
- 0.22
- Estimate 0.48 · Miss by 54.17%
EPS: actual versus estimate
Recent quarterly results
Revenue: actual versus estimate
Recent quarterly results
Analyst ratings
Third-party consensus; not a GoAI recommendation.
Analyst price target
Average target
$36.00
30.39% upsideRecent analyst actions
PPIH news
PPIH peers
ETFs holding PPIH
Funds reporting this stock among their holdings, ordered by reported position size.
Vanguard Morningstar Total Stock Market ETFVTI5.87M0.00%2.3T USD0.03%$378.24+0.44%
iShares Russell 2000 ETFIWM5.1M0.01%81.62B USD0.19%$299.96+0.77%
Vanguard Extended Market ETFVXF2.26M0.00%93.7B USD0.05%$245.53+0.82%
iShares Russell 2000 Growth ETFIWO1.88M0.01%15.16B USD0.24%$387.37+1.24%
Dimensional - US Targeted Value ETFDFAT1.57M0.01%14.66B USD0.28%$71.67+0.67%
Vanguard Russell 2000 ETFVTWO1.01M0.01%17.4B USD0.06%$121.25+0.74%
U.S. Micro Cap Portfolio ETFDFMC860.59K0.01%8.06B USD0.43%$60.95+0.73%
iShares Micro-Cap ETFIWC697.8K0.05%1.53B USD0.60%$198.39+1.10%
Vanguard Morningstar Total Stock Market ETFVTI- Market value
- 5.87M
- Weight
- 0.00%
- AUM
- 2.3T USD
- Expense ratio
- 0.03%
- Price / 1D
- $378.24+0.44%
iShares Russell 2000 ETFIWM- Market value
- 5.1M
- Weight
- 0.01%
- AUM
- 81.62B USD
- Expense ratio
- 0.19%
- Price / 1D
- $299.96+0.77%
Vanguard Extended Market ETFVXF- Market value
- 2.26M
- Weight
- 0.00%
- AUM
- 93.7B USD
- Expense ratio
- 0.05%
- Price / 1D
- $245.53+0.82%
iShares Russell 2000 Growth ETFIWO- Market value
- 1.88M
- Weight
- 0.01%
- AUM
- 15.16B USD
- Expense ratio
- 0.24%
- Price / 1D
- $387.37+1.24%
Dimensional - US Targeted Value ETFDFAT- Market value
- 1.57M
- Weight
- 0.01%
- AUM
- 14.66B USD
- Expense ratio
- 0.28%
- Price / 1D
- $71.67+0.67%
Vanguard Russell 2000 ETFVTWO- Market value
- 1.01M
- Weight
- 0.01%
- AUM
- 17.4B USD
- Expense ratio
- 0.06%
- Price / 1D
- $121.25+0.74%
U.S. Micro Cap Portfolio ETFDFMC- Market value
- 860.59K
- Weight
- 0.01%
- AUM
- 8.06B USD
- Expense ratio
- 0.43%
- Price / 1D
- $60.95+0.73%
iShares Micro-Cap ETFIWC- Market value
- 697.8K
- Weight
- 0.05%
- AUM
- 1.53B USD
- Expense ratio
- 0.60%
- Price / 1D
- $198.39+1.10%
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