Industrials -
Construction - NASDAQ - US
$ 23.98
-0.353 %
$ 191 M
Market Cap
15.47
P/E
1. INTRINSIC VALUE
Balance Sheet
Perma-Pipe International Holdings, Inc.
| Current Assets | 109 M |
| Cash & Short-Term Investments | 15.7 M |
| Receivables | 65 M |
| Other Current Assets | 28.1 M |
| Non-Current Assets | 56.4 M |
| Long-Term Investments | 0 |
| PP&E | 43.6 M |
| Other Non-Current Assets | 12.9 M |
| Current Liabilities | 54.1 M |
| Accounts Payable | 23.7 M |
| Short-Term Debt | 10.3 M |
| Other Current Liabilities | 20.1 M |
| Non-Current Liabilities | 28.1 M |
| Long-Term Debt | 22.9 M |
| Other Non-Current Liabilities | 5.14 M |
EFFICIENCY
Earnings Waterfall
Perma-Pipe International Holdings, Inc.
| Revenue | 158 M |
| Cost Of Revenue | 105 M |
| Gross Profit | 53.2 M |
| Operating Expenses | 32.9 M |
| Operating Income | 20.3 M |
| Other Expenses | 7.21 M |
| Net Income | 13.1 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Perma-Pipe International Holdings, Inc.
| Net Income | 13.1 M |
| Depreciation & Amortization | 3.63 M |
| Capital Expenditures | -2.88 M |
| Stock-Based Compensation | 860 K |
| Change in Working Capital | -5.56 M |
| Others | -2.68 M |
| Free Cash Flow | 11.1 M |
Wall Street Analysts Price Targets
Perma-Pipe International Holdings, Inc.
PPIH has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
PPIH does not distribute dividends.
5. COMPETITION
6. Ownership
Insider Ownership
Perma-Pipe International Holdings, Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
71.9 K USD 3
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
7. News
PPIH Stock Soars 46% as Q1 Earnings Rise Y/Y on Solid MENA Growth
Perma-Pipe's Q1 earnings per share improve year over year, driven by strong MENA demand and margin gains, despite rising payroll costs impacting operating expenses.
zacks.com
- 2 weeks ago
Perma-Pipe International Holdings, Inc. Announces First Quarter Fiscal 2025 Financial Results
SPRING, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (NASDAQ: PPIH) announced today financial results for the first quarter ended April 30, 2025. “Sales for the first quarter were $46.7 million, resulting in an increase of $12.4 million, or 36.2%, compared to $34.3 million in the same quarter last year. Net income attributable to common stock of $5.0 million was an increase of $3.6 million, or 243%, compared to $1.4 million in the first quarter of the prior year,” noted Presi.
businesswire.com
- 3 weeks ago
Perma-Pipe International Holdings, Inc. Announces the Departure of David Mansfield and the Appointment of Saleh Sagr as President and Chief Executive Officer
SPRING, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH, or “Perma-Pipe”), today announced the departure of David Mansfield as Chief Executive Officer ("CEO"), effective June 7, 2025. Concurrent with this announcement, the Board of Directors (the "Board") has appointed Saleh Sagr to serve as President and Chief Executive Officer. Chairman of the Board Jerome T. Walker commented: "On behalf of the Board of Directors, I want to thank David for his service to Perma-Pi.
businesswire.com
- 3 weeks ago
Perma-Pipe: Riding The Infrastructure Wave, Anchored To Oil
Perma-Pipe reported strong FY2024 results, with Q4 revenue up 12% YoY and gross margins steady at 33.5%, supported by a record-high backlog of $167.5 million. The company's growth is largely driven by Middle Eastern energy infrastructure expansion, making its outlook highly sensitive to oil prices and government-backed project cycles. Valuation appears reasonable at ~$13/share, with moderate multiples (11.6x P/E, 4.9x EV/EBITDA) and normalized net income nearly doubling YoY after adjusting for one-time tax gains.
seekingalpha.com
- 1 month ago
Perma-Pipe International Holdings, Inc. Announces New Contract Award in Qatar
SPRING, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH) today announced that it has received its first project award to be executed in Qatar since the announcement of the intent to mobilize there. The project will be for USD $2.4 million and will utilize Perma-Pipe's fabrication capabilities and the XTRU-THERM® insulation system, a spray-applied polyurethane foam jacketed with a high-density polyethylene casing. Adham Sharkawy, Senior Vice President of Perma-Pipe'.
businesswire.com
- 1 month ago
Perma-Pipe Stock Up 14% Despite Y/Y Decline in 2024 Earnings
PPIH's fiscal 2024 earnings decline year over year due to a prior one-time tax benefit, despite higher sales and margin gains.
zacks.com
- 2 months ago
Perma-Pipe International Holdings, Inc. Announces Fourth Quarter and Fiscal 2024 Financial Results
SPRING, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (NASDAQ: PPIH) announced today financial results for the fourth quarter and 2024 fiscal year ended January 31, 2025. “Sales for the fourth quarter and full year 2024 show moderate growth and were $45.0 million and $158.4 million, resulting in increases of $4.8 million and $7.7 million, compared to the prior year. Income before taxes was $5.3 million and $18.5 million in the fourth quarter and for the full year 2024, which i.
businesswire.com
- 2 months ago
Perma-Pipe International Holdings, Inc., announces new project awards in the Americas and MENA region
SPRING, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH) today announced it has been awarded several projects in the Americas and MENA region with an aggregate value in excess of USD $27 million. These projects will utilize Perma-Pipe's anti-corrosion coating capabilities, and the XTRU-THERM® insulation system, a spray-applied polyurethane foam jacketed with a high-density polyethylene casing. Multiple awards for the provision of anticorrosion coating services for.
businesswire.com
- 3 months ago
Perma-Pipe International Holdings, Inc., Announces CEO Retirement and the Appointment of Saleh Sagr as President
SPRING, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH) today announced the notification of Chief Executive Officer David Mansfield to retire and the appointment of Saleh Sagr as President. Mr. Mansfield's decision to retire follows a highly successful tenure as CEO, during which the Company experienced significant prosperity, with notable improvements in both profitability and share price. Under Mr. Mansfield's leadership, the Company significantly increased its.
businesswire.com
- 3 months ago
Perma-Pipe International Holdings, Inc. Announces the Appointment of Jon C. Biro to its Board of Directors
SPRING, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH), today announced changes to its Board of Directors, including the appointment to the Board of Mr. Jon C. Biro, effective March 4, 2025. Mr. Biro, age 58, has extensive business leadership, financial, board, and C-Suite executive experience, serving as an Operating Advisor to Snow Peak Capital, LLC since 2022, as well as serving on the board for one of its portfolio companies, Sandy Alexander, Inc., a commerci.
businesswire.com
- 4 months ago
Perma-Pipe International Holdings, Inc. Announces $43 Million Contract Award in the Middle East Region
SPRING, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH) today announced it has received a formal letter of award for a development project located in the GCC region. Perma-Pipe will provide thermal insulation, anti-corrosion coatings, and other services from its Abu Dhabi facility. Project commencement is expected to begin in the third quarter of 2025. The value of this project is estimated to exceed $43 million. This project will utilize Perma-Pipe's anti-corrosi.
businesswire.com
- 5 months ago
Perma-Pipe International Holdings, Inc. Announces the Appointment of Ibrahim Jaham Al Kuwari to its Board of Directors
SPRING, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH), today announced changes to its Board of Directors, including the appointment to the Board of Mr. Ibrahim Jaham Al Kuwari, effective January 6, 2025. Concurrent with this announcement, Independent Director Cynthia Boiter has announced her resignation, effective May 1, 2025, and current Chairman of the Board, Jerome Walker, has announced he will not be standing for re-election at Perma-Pipe's upcoming 2025 Ann.
businesswire.com
- 6 months ago
8. Profile
Summary
Perma-Pipe International Holdings, Inc. PPIH
COUNTRY
US
INDUSTRY
Construction
MARKET CAP
$ 191 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, The Woodlands, IL, 60714-3491
https://www.permapipe.com
IPO
Date
Dec. 15, 1989
Employees
750
Officers
Adham Samir Sharkawy
Senior Vice President of Middle East North Africa
Mr. Matthew E. Lewicki
Vice President, Chief Financial Officer, Treasurer, Secretary & Director
Mr. Marc Huber
Senior Vice President of Americas
Mr. Saleh Sagr
President
Mr. Chuck Heaton
Vice President of Human Resources