Added to YB: 2025-10-03
Pitch date: 2025-10-01
PPIH [neutral]
Perma-Pipe International Holdings, Inc.
+38.92%
current return
Author Info
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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
$23.46
Price Target
N/A
Dividend
N/A
EV/EBITDA
7.93
P/E
19.38
EV/Sales
1.30
Sector
Machinery
Category
value
The Micro-Capo | September Portfolio Update - Perma-Pipe International Holdings, Inc.
PPIH (holding update): Q2 revenue +27.7% to $47.9M, record backlog $157.8M (+15% YoY). Saudi Aramco approval for pipe coating opens 60% of Saudi market, potentially adding tens of millions annual revenue. New CEO prioritizing IR, strategic review with Energy Capital underway. Trading 15x PE despite strong growth.
Read full article (3 min)