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Perma-Pipe International Holdings, Inc. Stock Price

NasdaqGM:PPIH Community·US$214.0m Market Cap
  • 0 Narratives written by author
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  • 5 Fair Values set on narratives written by author

PPIH Share Price Performance

US$26.50
-0.60 (-2.21%)
US$26.50
-0.60 (-2.21%)
Price US$26.50

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Snowflake Analysis

Flawless balance sheet and fair value.

0 Risks
4 Rewards

Perma-Pipe International Holdings, Inc. Key Details

US$214.4m

Revenue

US$147.0m

Cost of Revenue

US$67.4m

Gross Profit

US$53.5m

Other Expenses

US$13.9m

Earnings

Last Reported Earnings
Apr 30, 2026
Next Reporting Earnings
n/a
1.71
31.43%
6.47%
33.8%
View Full Analysis

About PPIH

Founded
1909
Employees
909
CEO
Saleh Sagr
WebsiteView website
www.permapipe.com

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. The company offers insulated and jacketed district heating and cooling piping systems for energy distribution from central energy plants to other locations; and primary and secondary containment piping systems for transporting chemicals, hazardous fluids, and petroleum products. It also provides coating and insulation of oil and gas gathering and transmission pipelines; liquid and powder based anti-corrosion coatings for external and internal surfaces of steel pipe, including shapes comprising bends, reducers, tees, and other spools/fittings used in pipelines for the transportation of oil and gas products and potable water. In addition, the company offers cables, leak detection products, heat trace products, and material/goods not bundled with piping or flowline systems. Further, it provides containment systems, custom fabrications, and leak detection, as well as technical support, field service, and logistics services. 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 founded in 1909 and is headquartered in The Woodlands, Texas.

Recent PPIH News & Updates

Seeking Alpha Jul 21

Valuing Perma-Pipe As A Compounder, Not A Small Industrial

Summary Perma-Pipe International Holdings is rated Strong Buy, with a 20%+ upside potential and possible compounder re-rating. PPIH has delivered robust organic growth: revenue doubled and net income turned positive over five years, with expanding margins and returns. Tailwinds include data center infrastructure, Middle East megaprojects, and energy modernization, supported by a strong $136.5M backlog. Risks include oil & gas exposure, international receivables, competitive pressures, and input cost volatility. Read the full article on Seeking Alpha

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