Added to YB: 2026-09-16
Pitch date: 2026-09-13
PPIH [bullish]
Perma-Pipe International Holdings, Inc.
-1.65%
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
$244.5M
Pitch Price
$30.33
Price Target
N/A
Dividend
N/A
EV/EBITDA
7.37
P/E
15.75
EV/Sales
1.25
Sector
Machinery
Category
growth
Perma-Pipe International ($PPIH) – Q2 2026
PPIH (earnings): Perma-Pipe reported Q2 sales growth of 24.4% year over year and 18.5% sequentially, driven almost entirely by volume, while operating profit increased 34% to $4.3M. The 1.14x order-to-billing ratio indicates that Q2 orders exceeded billings, though gross margin fell 90 basis points to 29.2% amid higher raw-material and logistics costs and Ohio plant start-up expenses.
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