Professional
Added to YB: 2025-09-02
Pitch date: 2025-08-30
PPIH [bullish]
Perma-Pipe International Holdings, Inc.
+9%
current return
Author Info
No bio for this author
Company Info
Perma-Pipe International Holdings, Inc., together with its subsidiaries, designs, engineers, manufactures, and sells specialty piping and leak detection systems in the United States, Canada, the Middle East, North Africa, Europe, India, and internationally.
Market Cap
$196.2M
Pitch Price
$29.66
Price Target
425.00 (+1215%)
Dividend
N/A
EV/EBITDA
7.93
P/E
19.38
EV/Sales
1.30
Sector
Machinery
Category
value
Comprehensive Investment Thesis: Perma-Pipe International Holdings, Inc. (NASDAQ: PPIH)
PPIH: Strong Q1 with $46.7M revenue (+36% YoY), $5M net income (+243% YoY), record $131M backlog (+108% YoY). 33.6% gross margins, positioned for infrastructure modernization, energy transition, data center boom. Middle East expansion via Qatar entry. DCF target $42.50 vs $29.79 current (+43% upside).
Read full article (9 min)