Added to YB: 2026-05-04
Pitch date: 2026-04-28
PPIH [bullish]
Perma-Pipe International Holdings, Inc.
+1.78%
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 United Arab Emirates, Saudi Arabia, and internationally.
Market Cap
$264.5M
Pitch Price
$32.51
Price Target
126.00 (+285%)
Dividend
N/A
EV/EBITDA
7.88
P/E
15.58
EV/Sales
1.46
Sector
Machinery
Category
value
Perma-Pipe International Holdings: The Industrial Microcap Plumbing the AI Buildout
PPIH: Specialty piping co pivoting from oil/gas to AI data centers. New Hebron, OH facility (80mi from 10GW Piketon campus) slashes freight costs vs competitors. Q1 2026: $54M awards (AI-linked), $175M backlog vs $210M annual rev. FY25: rev +33%, NI +89%, EPS $2.09. Zero net debt, 33% gross margin expanding on local production. Trades 15x PE vs data center peers at 60x; DCF base $68, bull $106 vs $32.50 today. PT $126.
Read full article (8 min)