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PPIH

NEUTRAL
$30.31 Live
Perma-Pipe International Holdings, Inc. · NASDAQ
Target $36.0 (+18.8%)
$11.22 52W Range $36.72

At a glance

Key valuation, profitability, growth, and risk metrics.

Updated Apr 18, 2026
Market cap
$246.22M
P/E
14.5
ROE
21.8%
Profit margin
8.1%
Debt/Equity
0.44
Dividend yield
N/A

AI Analysis

AI-powered fundamental assessment

Confidence
80%
PPIH presents a stark contrast between explosive growth and deteriorating fundamental health, evidenced by a weak Piotroski F-Score of 3/9. While the company boasts impressive YoY earnings growth of 171.8% and a strong ROE of 21.8%, these are offset by a bearish technical trend and a poor earnings surprise track record. The current price of $30.31 sits between the conservative Graham Number ($22.32) and a high growth-based Intrinsic Value ($61.65). Overall, the growth narrative is compelling, but the deterministic health scores suggest significant underlying instability.

Key Strengths

Explosive YoY earnings growth of 171.8%
Strong Return on Equity (ROE) of 21.8%
Robust revenue growth (22.5% YoY and Q/Q)
Manageable leverage with a Debt/Equity ratio of 0.44
Reasonable P/E ratio of 14.50 relative to the industrial sector

Key Risks

Weak Piotroski F-Score (3/9) indicating poor fundamental health
Poor earnings predictability with a -259.06% average surprise over the last 4 quarters
Bearish technical trend (0/100 score)
High PEG ratio (2.82) suggesting the stock may be overvalued relative to growth
Lack of insider buying activity and zero dividend support
AI Fair Value Estimate
Based on comprehensive analysis
$36.0
+18.8% above current price

Performance Snowflake

Multi-dimensional analysis across 5 key categories

Overall
43
Moderate
Value
60
Future
85
Past
40
Health
30
Dividend
0
AI Verdict
High-growth speculative play with fundamental red flags
Key drivers: Earnings growth, Piotroski F-Score, Technical trend, ROE
Confidence
85%
Value
60/100

Ref P/E 14.50, PEG 2.82, Graham Number $22.32

Positives
  • P/E is low compared to sector average
  • Price is well below growth-based intrinsic value
Watchpoints
  • Price exceeds Graham Number
  • PEG ratio is elevated
Future
85/100

Ref 171.8% Earnings Growth, 22.5% Revenue Growth

Positives
  • Triple-digit EPS growth
  • Consistent double-digit revenue expansion
Watchpoints
  • High volatility in earnings estimates
Past
40/100

Ref Quarterly Earnings Track Record

Positives
  • Strong 5-year price appreciation (+375.8%)
Watchpoints
  • Consistent failure to meet earnings estimates
  • Erratic quarterly progression
Health
30/100

Ref Piotroski F-Score 3/9

Positives
  • Healthy Current Ratio (1.84)
  • Low Debt/Equity (0.44)
Watchpoints
  • Piotroski F-Score of 3/9 is a critical weakness
Dividend
0/100

Ref Dividend Yield N/A

Positives
No standout positives identified.
Watchpoints
  • No dividend payments
  • 0% payout ratio

Stock Price & Analyst Targets

Real-time price movements and analyst price targets

Current Price
$30.31
Analyst Target
$36.0
Upside/Downside
+18.8%

Multi-Horizon Performance vs Peers

Price momentum across 5Y → 1W horizons for PPIH and closest competitors.

Updated 2026-04-17
PPI
Perma-Pipe International Holdings, Inc.
Primary
5Y
+375.8%
3Y
+181.7%
1Y
+153.4%
6M
+22.7%
1M
+7.1%
1W
-9.7%
BNC
CEA Industries Inc.
Peer
5Y
-96.7%
3Y
-54.0%
1Y
-25.2%
6M
-37.8%
1M
-17.4%
1W
-13.2%
RCM
RCM Technologies, Inc.
Peer
5Y
+853.8%
3Y
+154.1%
1Y
+97.8%
6M
+41.7%
1M
+67.2%
1W
+17.9%
ESO
Energy Services of America Corporation
Peer
5Y
+551.5%
3Y
+556.3%
1Y
+73.9%
6M
+27.6%
1M
-2.0%
1W
+6.0%
BUU
BUUU Group Limited
Peer
5Y
+249.0%
3Y
+249.0%
1Y
+249.0%
6M
+65.6%
1M
+5.3%
1W
-17.9%

Positive values indicate cumulative gains over the specified period. Comparables pulled from the same sector to highlight whether momentum is stock-specific or industry-wide.

Historical Performance Trends

Long-term financial metrics and growth patterns

Revenue & Net Income

Profit & Operating Margins

Return on Equity (ROE)

Quarterly Revenue Growth

Historical data shows last 12 quarters (3 years)

Valuation Metrics

Key valuation ratios and pricing indicators

P/E Ratio
14.5
Forward P/E
N/A
PEG Ratio
2.82
P/B Ratio
2.86
P/S Ratio
1.17
EV/Revenue
1.38
EV/EBITDA
8.44
Market Cap
$246.22M

Profitability

Profit margins and return metrics

Profit Margin 8.08%
Operating Margin 9.01%
Gross Margin 32.94%
ROE 21.8%
ROA 9.62%

Growth

Revenue and earnings growth rates

Revenue Growth +22.5%
Earnings Growth +171.8%
Q/Q Revenue Growth +22.54%
Q/Q Earnings Growth +179.4%

Financial Health

Balance sheet strength and liquidity metrics

Debt/Equity
0.44
Low debt
Current Ratio
1.84
Good
Quick Ratio
1.48
Good
Cash/Share
$2.3

Financial Statement Flow

Interactive flow visualization showing how money moves through the company Q1 2026

Revenue
$0.1B
Gross Margin
31.4%
Op. Margin
12.6%
Net Margin
8.9%
Total Assets
$0.2B
Liabilities
$0.1B
Equity
$0.1B
Debt/Equity
1.23x
Operating CF
$-0.0B
CapEx
$-0.0B
Free Cash Flow
$-0.0B
FCF Yield
130%

Quarterly Earnings History

EPS performance vs analyst estimates

2026-06-09
$N/A
2026-04-16
$0.6
+36.4% surprise
2008-04-30
$-0.56
-761.5% surprise
2007-12-17
$0.18
-52.0% surprise

Industrials Sector Comparison

Comparing PPIH against 289 companies in the Industrials sector (21 bullish, 100 neutral, 168 bearish)
P/E Ratio
14.5
This Stock
vs
78.81
Sector Avg
-81.6% (Discount)
Return on Equity (ROE)
21.8%
This Stock
vs
-20.72%
Sector Avg
-205.2% (Below Avg)
Profit Margin
8.08%
This Stock
vs
11.3%
Sector Avg
-28.5% (Weaker)
Debt to Equity
0.44
This Stock
vs
3.04
Sector Avg
-85.5% (Less Debt)
Revenue Growth
22.5%
This Stock
vs
107.52%
Sector Avg
-79.1% (Slower)
Current Ratio
1.84
This Stock
vs
3.14
Sector Avg
-41.4% (Weaker)

Similar Companies

Peer comparison within the same industry

Recent Insider Trading

Insider buy and sell transactions from the last 6 months

ZAKHOUR NANCY
Director
Stock Award
2026-04-10
576 shares
Insider transactions can signal confidence or concerns about company prospects

SEC Filings

Recent regulatory filings from the SEC EDGAR database

10-K
FORM 10-K
2026-04-16

PPIH filed its annual Form 10-K on April 16, 2026. The provided excerpts do not contain specific financial highlights or detailed risk factors for analysis.

8-K
FORM 8-K
2026-04-16

PPIH likely reported its annual financial results for the fiscal year ended March 31, 2026.

8-K
FORM 8-K
2026-04-14

PPIH likely reported its annual financial results for the fiscal year ending March 31, 2026.

8-K
FORM 8-K
2026-04-07

PPIH filed a current report likely announcing its fiscal year-end financial results following the close of the Japanese fiscal year on March 31.

8-K
FORM 8-K
2026-03-19
8-K
FORM 8-K
2026-01-20
8-K
FORM 8-K
2025-12-12
10-Q
FORM 10-Q
2025-12-12

PPIH reported net sales of $61.1 million for the three months ended October 31, 2025. The company operates in a single reportable segment focused on discrete projects, which exposes its operating results to significant volatility based on fluctuations in project activity levels.

8-K
FORM 8-K
2025-12-05
10-Q
FORM 10-Q
2025-09-15

PPIH reported net sales of $47.9 million for the three months ended July 31, 2025. The company faces operational risk due to its focus on discrete projects, which can lead to significant volatility in operating results based on variations in project activity levels.

8-K
FORM 8-K
2025-09-15
8-K
FORM 8-K
2025-07-25
8-K
FORM 8-K
2025-07-01
8-K
FORM 8-K
2025-06-24
8-K
FORM 8-K
2025-06-13
Data sourced from SEC EDGAR. AI summaries generated automatically.

Wall Street Analysts

Professional analyst ratings and price targets

Consensus
NONE
1 analysts
Freedom Broker
2025-12-16
Maintains
Buy Buy

Past News Coverage

Recent headlines mentioning PPIH from our newsroom.

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