Added to YB: 2026-01-09
Pitch date: 2026-01-07
PPIH [neutral]
Perma-Pipe International Holdings, Inc.
+2.58%
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
$260.4M
Pitch Price
$31.40
Price Target
N/A
Dividend
N/A
EV/EBITDA
7.63
P/E
18.79
EV/Sales
1.45
Sector
Machinery
Category
value
The Micro-Capo | December Update - PPIH — Perma-Pipe International
PPIH (holding update): Q3 revenue $61.1M (+47% YoY), $52M new awards, backlog grew to $148.9M driven by Saudi Aramco/Qatar projects. Gross margin rebounded to 34% showing operating leverage. $0.77 EPS vs $0.22 in Q4 2024. Trading ~10x forward P/E if $3 EPS achievable in 2026. Fair value 15-20x multiple.
Read full article (1 min)