image
Industrials - Construction - NASDAQ - US
$ 14.14
-2.68 %
$ 113 M
Market Cap
7.44
P/E
1. INTRINSIC VALUE

Perma-Pipe International Holdings, Inc., together with its subsidiaries, engineers, designs, manufactures, and sells specialty piping and leak detection systems. It offers provides and jacketed district heating and cooling piping systems for energy distribution from central energy plants to various locations; and primary and secondary containment piping systems for transporting chemicals, hazardous fluids, and petroleum products, as well as engages in the coating and insulation of oil and gas gathering and transmission pipelines. The company also offers liquid and powder based anti-corrosion coatings for external and internal surfaces of steel pipe, including shapes like bends, reducers, tees, and other spools/fittings that is used in pipelines for the transportation of oil and gas products and potable water.[ Read More ]

The intrinsic value of one PPIH stock under the base case scenario is HIDDEN Compared to the current market price of 14.1 USD, Perma-Pipe International Holdings, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart PPIH

image
FINANCIALS
151 M REVENUE
5.68%
13.4 M OPERATING INCOME
66.34%
10.5 M NET INCOME
76.13%
14.7 M OPERATING CASH FLOW
1287.03%
-11.1 M INVESTING CASH FLOW
-73.90%
-3.26 M FINANCING CASH FLOW
-71.67%
37.5 M REVENUE
9.30%
6.14 M OPERATING INCOME
95.98%
4.28 M NET INCOME
196.81%
2.48 M OPERATING CASH FLOW
83.85%
-1.17 M INVESTING CASH FLOW
41.95%
-321 K FINANCING CASH FLOW
-12.55%
Balance Sheet Decomposition Perma-Pipe International Holdings, Inc.
image
Current Assets 98.8 M
Cash & Short-Term Investments 5.84 M
Receivables 66.3 M
Other Current Assets 26.6 M
Non-Current Assets 56.9 M
Long-Term Investments 0
PP&E 44.1 M
Other Non-Current Assets 12.8 M
Current Liabilities 57.7 M
Accounts Payable 25.3 M
Short-Term Debt 10.5 M
Other Current Liabilities 21.9 M
Non-Current Liabilities 26 M
Long-Term Debt 22.3 M
Other Non-Current Liabilities 3.7 M
EFFICIENCY
Earnings Waterfall Perma-Pipe International Holdings, Inc.
image
Revenue 151 M
Cost Of Revenue 109 M
Gross Profit 41.5 M
Operating Expenses 28.1 M
Operating Income 13.4 M
Other Expenses 2.89 M
Net Income 10.5 M
RATIOS
27.52% GROSS MARGIN
27.52%
8.87% OPERATING MARGIN
8.87%
6.95% NET MARGIN
6.95%
15.93% ROE
15.93%
6.72% ROA
6.72%
22.47% ROIC
22.47%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Perma-Pipe International Holdings, Inc.
image
Net Income 10.5 M
Depreciation & Amortization 3.83 M
Capital Expenditures -11.1 M
Stock-Based Compensation 913 K
Change in Working Capital 3.61 M
Others 9.58 M
Free Cash Flow 3.62 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Perma-Pipe International Holdings, Inc.
image
PPIH has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Perma-Pipe International Holdings, Inc.
image
Sold
0-3 MONTHS
51.2 K USD 3
3-6 MONTHS
20.8 K USD 2
6-9 MONTHS
0 USD 0
9-12 MONTHS
37.9 K USD 2
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
1 month ago
Oct 01, 2024
Sell 2.3 K USD
Brown David B
Director
- 180
12.7601 USD
1 month ago
Oct 01, 2024
Sell 7.66 K USD
Brown David B
Director
- 600
12.7601 USD
1 month ago
Oct 01, 2024
Sell 6.38 K USD
Brown David B
Director
- 500
12.75 USD
1 month ago
Oct 01, 2024
Sell 2.3 K USD
Boiter Cynthia
Director
- 180
12.7601 USD
1 month ago
Oct 01, 2024
Sell 7.66 K USD
Boiter Cynthia
Director
- 600
12.7601 USD
1 month ago
Oct 01, 2024
Sell 6.38 K USD
Boiter Cynthia
Director
- 500
12.75 USD
1 month ago
Oct 01, 2024
Sell 4.48 K USD
Walker Jerome T.
Director
- 351
12.7601 USD
1 month ago
Oct 01, 2024
Sell 7.66 K USD
Walker Jerome T.
Director
- 600
12.7601 USD
1 month ago
Oct 01, 2024
Sell 6.38 K USD
Walker Jerome T.
Director
- 500
12.75 USD
4 months ago
Jul 09, 2024
Sell 10.4 K USD
Brown David B
Director
- 1280
8.11 USD
4 months ago
Jul 09, 2024
Sell 10.4 K USD
Boiter Cynthia
Director
- 1280
8.11 USD
10 months ago
Dec 20, 2023
Sell 3.93 K USD
Boiter Cynthia
Director
- 500
7.851 USD
10 months ago
Dec 20, 2023
Sell 7.79 K USD
Boiter Cynthia
Director
- 1000
7.79 USD
10 months ago
Dec 20, 2023
Sell 7.21 K USD
Boiter Cynthia
Director
- 894
8.0701 USD
10 months ago
Dec 20, 2023
Sell 3.93 K USD
Brown David B
Director
- 500
7.851 USD
10 months ago
Dec 20, 2023
Sell 7.79 K USD
Brown David B
Director
- 1000
7.79 USD
10 months ago
Dec 20, 2023
Sell 7.21 K USD
Brown David B
Director
- 894
8.0701 USD
1 year ago
Oct 06, 2023
Bought 11.2 K USD
Walker Jerome T.
Director
+ 1500
7.5 USD
1 year ago
Sep 26, 2023
Bought 9.48 K USD
Walker Jerome T.
Director
+ 1200
7.9 USD
1 year ago
Sep 20, 2023
Bought 8.34 K USD
McNally Robert Joseph
Director
+ 1000
8.34 USD
1 year ago
Sep 20, 2023
Bought 8.42 K USD
McNally Robert Joseph
Director
+ 1000
8.42 USD
1 year ago
Sep 20, 2023
Bought 8.26 K USD
McNally Robert Joseph
Director
+ 1000
8.26 USD
1 year ago
Sep 20, 2023
Bought 8.36 K USD
McNally Robert Joseph
Director
+ 1000
8.36 USD
1 year ago
Sep 20, 2023
Bought 8.31 K USD
McNally Robert Joseph
Director
+ 1000
8.31 USD
1 year ago
Sep 20, 2023
Bought 8.46 K USD
McNally Robert Joseph
Director
+ 1000
8.46 USD
2 years ago
Nov 16, 2022
Sell 12.5 K USD
Brown David B
Director
- 1343
9.3 USD
2 years ago
Nov 16, 2022
Sell 12.5 K USD
Walker Jerome T.
Director
- 1343
9.3 USD
2 years ago
Nov 16, 2022
Sell 12.5 K USD
Boiter Cynthia
Director
- 1343
9.3 USD
2 years ago
Aug 17, 2022
Sell 12.1 K USD
Walker Jerome T.
director:
- 1343
8.99 USD
2 years ago
Aug 17, 2022
Sell 12.1 K USD
Brown David B
director:
- 1343
9.01 USD
2 years ago
Aug 17, 2022
Sell 12.1 K USD
Boiter Cynthia
director:
- 1343
8.99 USD
2 years ago
Jan 05, 2022
Sell 25.9 K USD
Barrie David S
Director
- 3000
8.64 USD
3 years ago
Nov 17, 2021
Sell 12.7 K USD
Walker Jerome T.
Director
- 1532
8.3 USD
3 years ago
Nov 17, 2021
Sell 14.8 K USD
Brown David B
Director
- 1787
8.3 USD
3 years ago
Nov 17, 2021
Sell 14.8 K USD
Barrie David S
Director
- 1787
8.3 USD
3 years ago
Nov 17, 2021
Sell 14.8 K USD
Boiter Cynthia
Director
- 1787
8.31 USD
3 years ago
Aug 18, 2021
Sell 10.2 K USD
Walker Jerome T.
Director
- 1532
6.63 USD
3 years ago
Aug 18, 2021
Sell 11.8 K USD
Boiter Cynthia
Director
- 1787
6.58 USD
3 years ago
Aug 18, 2021
Sell 11.8 K USD
Brown David B
Director
- 1787
6.61 USD
3 years ago
Aug 18, 2021
Sell 11.9 K USD
Barrie David S
Director
- 1787
6.68 USD
5 years ago
Jan 10, 2019
Sell 60.8 K USD
Zorko Mark A
Director
- 7100
8.5657 USD
5 years ago
Jan 11, 2019
Sell 24.7 K USD
Zorko Mark A
Director
- 2900
8.5314 USD
5 years ago
Jan 11, 2019
Sell 21.3 K USD
Zorko Mark A
Director
- 2500
8.5314 USD
5 years ago
Jan 03, 2019
Sell 4.38 K USD
Zorko Mark A
Director
- 500
8.75 USD
5 years ago
Jan 04, 2019
Sell 63.4 K USD
Zorko Mark A
Director
- 7483
8.47 USD
6 years ago
Jun 28, 2018
Sell 2.83 K USD
SCHMIDT KARL J
VP and CFO
- 299
9.45 USD
6 years ago
Jun 27, 2018
Sell 33.2 K USD
Bosch Wayne
VP and Chief HR Officer
- 3682
9.025 USD
6 years ago
Jun 27, 2018
Sell 121 K USD
SCHMIDT KARL J
VP and CFO
- 13422
9.025 USD
6 years ago
Jun 27, 2018
Sell 48.7 K USD
Mansfield David J
President and CEO
- 5398
9.025 USD
6 years ago
Jun 25, 2018
Sell 11.8 K USD
SCHMIDT KARL J
VP and CFO
- 1250
9.45 USD
8 years ago
May 11, 2016
Sell 6.78 K USD
SCHMIDT KARL J
VP and CFO
- 1000
6.78 USD
8 years ago
May 03, 2016
Sell 13.3 K USD
SCHMIDT KARL J
VP and CFO
- 2000
6.65 USD
8 years ago
May 04, 2016
Sell 13.7 K USD
SCHMIDT KARL J
VP and CFO
- 2000
6.85 USD
8 years ago
May 03, 2016
Sell 13.3 K USD
SCHMIDT KARL J
VP and CFO
- 2000
6.65 USD
8 years ago
May 04, 2016
Sell 13.7 K USD
SCHMIDT KARL J
VP and CFO
- 2000
6.85 USD
9 years ago
Dec 16, 2014
Bought 600 M USD
ELGENDY FATI A
Vice President
+ 10000
60002 USD
9 years ago
Dec 12, 2014
Bought 3.24 K USD
SCHMIDT KARL J
VP and CFO
+ 500
6.48 USD
9 years ago
Dec 12, 2014
Bought 4.85 K USD
SCHMIDT KARL J
VP and CFO
+ 750
6.4699 USD
9 years ago
Dec 12, 2014
Bought 6.48 K USD
SCHMIDT KARL J
VP and CFO
+ 1000
6.4786 USD
9 years ago
Dec 12, 2014
Bought 30 K USD
Bosch Wayne
VP & Chief HR Officer
+ 4443
6.75 USD
10 years ago
Apr 22, 2014
Bought 14.5 K USD
SCHMIDT KARL J
VP and CFO
+ 1500
9.7 USD
12 years ago
Dec 16, 2011
Bought 16.5 K USD
Gade Michael J
Director
+ 2500
6.6 USD
12 years ago
Dec 16, 2011
Bought 16.4 K USD
Gade Michael J
Director
+ 2500
6.55 USD
13 years ago
Oct 14, 2011
Bought 14.2 K USD
Zorko Mark A
Director
+ 2000
7.1 USD
13 years ago
Sep 19, 2011
Bought 22.8 K USD
BENNETT MICHAEL D
VP, CFO
+ 3000
7.61 USD
14 years ago
Jul 07, 2010
Bought 21.7 K USD
BENNETT MICHAEL D
Vice President CFO
+ 3500
6.2 USD
14 years ago
Jul 07, 2010
Bought 15.5 K USD
BENNETT MICHAEL D
Vice President CFO
+ 2500
6.19 USD
14 years ago
Jul 07, 2010
Bought 617 USD
BENNETT MICHAEL D
Vice President CFO
+ 100
6.17 USD
14 years ago
Jul 07, 2010
Bought 1.23 K USD
BENNETT MICHAEL D
Vice President CFO
+ 200
6.165 USD
14 years ago
Jul 07, 2010
Bought 67.9 K USD
BENNETT MICHAEL D
Vice President CFO
+ 11100
6.12 USD
14 years ago
Dec 21, 2009
Bought 660 USD
Zorko Mark A
Director
+ 100
6.6 USD
14 years ago
Dec 21, 2009
Bought 2.49 K USD
Zorko Mark A
Director
+ 378
6.59 USD
14 years ago
Dec 18, 2009
Bought 15.8 K USD
Zorko Mark A
Director
+ 2424
6.5 USD
14 years ago
Dec 21, 2009
Bought 10.9 K USD
Zorko Mark A
Director
+ 1672
6.5 USD
14 years ago
Dec 21, 2009
Bought 10 K USD
Zorko Mark A
Director
+ 1672
6 USD
14 years ago
Dec 21, 2009
Bought 2.92 K USD
Zorko Mark A
Director
+ 450
6.5 USD
14 years ago
Dec 21, 2009
Bought 660 USD
Zorko Mark A
Director
+ 100
6.6 USD
14 years ago
Dec 21, 2009
Bought 2.49 K USD
Zorko Mark A
Director
+ 378
6.59 USD
14 years ago
Dec 18, 2009
Bought 15.8 K USD
Zorko Mark A
Director
+ 2424
6.5 USD
15 years ago
Jan 05, 2009
Bought 4.45 K USD
Murphy Timothy P
Vice President
+ 1000
4.45 USD
15 years ago
Jan 05, 2009
Bought 9.32 K USD
UNGER DAVID
Chairman and CEO
+ 2100
4.44 USD
15 years ago
Dec 31, 2008
Bought 34.6 K USD
UNGER DAVID
Chairman and CEO
+ 8050
4.296 USD
15 years ago
Dec 29, 2008
Bought 34.1 K USD
UNGER DAVID
Chairman and CEO
+ 7600
4.4894 USD
15 years ago
Dec 30, 2008
Bought 4.25 K USD
ELGENDY FATI A
Vice President
+ 1000
4.25 USD
15 years ago
Dec 30, 2008
Bought 21.6 K USD
UNGER DAVID
Chairman and CEO
+ 5100
4.242 USD
15 years ago
Dec 22, 2008
Bought 15.8 K USD
UNGER DAVID
Chairman and CEO
+ 3700
4.2648 USD
7. News
Perma-Pipe International Holdings, Inc. Announces $15 Million in Contract Awards in the Americas and Middle East Regions SPRING, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH) today announced $6 million in new project awards in the MENA region. Additionally, the company announced $9 million in new project awards in the Americas, demonstrating continual improvement in the region. These new project awards will utilize Perma-Pipe's anti-corrosion coatings capabilities and the XTRU-THERM® insulation system, a spray-applied polyurethane foam jacketed with a high-density polyethylene cas. businesswire.com - 1 week ago
The Zacks Analyst Blog JPMorgan, Medtronic, Shopify and Perma-Pipe International JPMorgan, Medtronic, Shopify and Perma-Pipe International are included in this Analyst Blog. zacks.com - 1 month ago
Perma-Pipe International Holdings, Inc., announces $4 million in Contract Awards in the Americas Region SPRING, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH) today announced it has been awarded three projects in the Americas region. The aggregate amount of these three projects is more than 4 million USD. These project awards will be executed in Perma-Pipe's facilities in Canada and the U.S. Two awards for the provision of anticorrosion coating services for the oil and gas market in western Canada. One award for the provision of double-containment, pre-insulated pi. businesswire.com - 1 month ago
Perma-Pipe's Q2 Earnings Soar Y/Y on Strong MENA Demand PPIH reports a robust Q2 with earnings per share jumping to 40 cents, and a 7% rise in sales driven by a growing backlog. zacks.com - 2 months ago
Perma-Pipe International Holdings, Inc. Announces Second Quarter Financial Results SPRING, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (NASDAQ: PPIH) announced today financial results for the second quarter and fiscal year-to-date period ended July 31, 2024. "Net sales for the second quarter were $37.5 million, an increase of $2.4 million, as compared to the same quarter last year. Net income attributable to common stock of $3.3 million, was an increase of $2.3 million, or 222%, compared to $1.0 million in the second quarter of 2023. For the six months end. businesswire.com - 2 months ago
Perma-Pipe International Holdings, Inc. Announces $10 Million in Contract Awards in Saudi Arabia SPRING, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH) today announced it has recently been awarded new contracts worth $10 million in Saudi Arabia. Most of these awards will be executed and delivered during the next quarter. The newly awarded projects are part of major infrastructure developments in Riyadh, Madinah, and Mekkah in Saudi Arabia. These projects will utilize Perma-Pipe's fabrication and coating capabilities, and the XTRU-THERM® insulation system, a. businesswire.com - 4 months ago
Perma-Pipe's (PPIH) Q1 Earnings Surge Y/Y on Strong Sales Perma-Pipe (PPIH) reports Q1 EPS of 18 cents, reversing last year's loss. Strong backlog and market expansion bolster future outlook despite higher operating expenses. zacks.com - 5 months ago
Perma-Pipe International Holdings, Inc. Announces First Quarter Fiscal 2024 Financial Results SPRING, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (NASDAQ: PPIH) announced today financial results for the first quarter ended April 30, 2024. “Revenues for the first quarter were $34.3 million, an increase of $4.6 million or 15%, as compared to the same quarter last year, and net income attributable to common stock of $1.4 million was an increase of $2.5 million or 227%, as compared to a net loss of $(1.1) million in the same quarter of 2023. Our first quarter results dem. businesswire.com - 5 months ago
How to Invest in Microcaps with Lumpy Revenue Evaluating microcaps with lumpy revenue requires more valuation effort. Here we highlight two companies which demonstrates this more rigorous process. zacks.com - 5 months ago
Zacks Initiates Coverage of PERMA-PIPE With Outperform Recommendation Discover why Zacks rates "Outperform" for PERMA-PIPE, being the first on Wall Street to initiate coverage on the stock. Explore PPIH's strategic role in Qatar's LNG expansion and robust financial growth, amid the thriving global steel pipes market. zacks.com - 6 months ago
Perma-Pipe International Holdings, Inc. Announces Fourth Quarter and Fiscal 2023 Financial Results SPRING, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. Announces Fourth Quarter and Fiscal 2023 Financial Results. businesswire.com - 6 months ago
Perma-Pipe International Holdings announces acceptance into QatarEnergy's Tawteen Program SPRING, Texas--(BUSINESS WIRE)--PERMA-PIPE International Holdings, Inc (Nasdaq: PPIH) today announces its acceptance into QatarEnergy's Tawteen program. Tawteen is the Supply Chain Localization Program for the energy sector in Qatar led by QatarEnergy. PERMA-PIPE will aim to provide pre-insulated piping systems, custom fabrication and 3-layer polyethylene coatings for QatarEnergy projects. Saleh Sagr, Senior Vice President for PERMA-PIPE's MENA region commented, “We are pleased to announce and. businesswire.com - 10 months ago
8. Profile Summary

Perma-Pipe International Holdings, Inc. PPIH

image
COUNTRY US
INDUSTRY Construction
MARKET CAP $ 113 M
Dividend Yield 0.00%
Description Perma-Pipe International Holdings, Inc., together with its subsidiaries, engineers, designs, manufactures, and sells specialty piping and leak detection systems. It offers provides and jacketed district heating and cooling piping systems for energy distribution from central energy plants to various locations; and primary and secondary containment piping systems for transporting chemicals, hazardous fluids, and petroleum products, as well as engages in the coating and insulation of oil and gas gathering and transmission pipelines. The company also offers liquid and powder based anti-corrosion coatings for external and internal surfaces of steel pipe, including shapes like bends, reducers, tees, and other spools/fittings that is used in pipelines for the transportation of oil and gas products and potable water. It has operations in the United States, Canada, the Middle East, Europe, India, and internationally. The company was formerly known as MFRI, Inc. and changed its name to Perma-Pipe International Holdings, Inc. in March 2017. Perma-Pipe International Holdings, Inc. was incorporated in 1993 and is headquartered in Niles, Illinois.
Contact 6410 West Howard Street, Niles, IL, 60714-3491 https://www.permapipe.com
IPO Date Dec. 15, 1989
Employees 819
Officers Mr. Chuck Heaton Vice President of Human Resources Mr. Matthew E. Lewicki Vice President, Chief Financial Officer, Treasurer, Secretary & Director Mr. Marc Huber Senior Vice President of Americas Mr. David J. Mansfield President, Chief Executive Officer & Director Mr. Saleh Sagr Senior Vice President of Middle East North Africa