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PPIH

Perma-Pipe International Holdings NasdaqGM:PPIH Stock Report

Last Price

US$13.59

Market Cap

US$110.8m

7D

2.5%

1Y

99.9%

Updated

21 May, 2022

Data

Company Financials
PPIH fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance3/6
Financial Health4/6
Dividends0/6

PPIH Stock Overview

Perma-Pipe International Holdings, Inc., together with its subsidiaries, engineers, designs, manufactures, and sells specialty piping and leak detection systems.

Rewards

PE ratio (18.3x) is below the Machinery industry average (21.3x)

Became profitable this year

Risk Analysis

No risks detected for PPIH from our risk checks.

Perma-Pipe International Holdings Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Perma-Pipe International Holdings
Historical stock prices
Current Share PriceUS$13.59
52 Week HighUS$14.92
52 Week LowUS$6.28
Beta0.091
1 Month Change22.99%
3 Month Change54.26%
1 Year Change99.85%
3 Year Change50.50%
5 Year Change80.00%
Change since IPO69.88%

Recent News & Updates

Apr 21
Returns On Capital Are Showing Encouraging Signs At Perma-Pipe International Holdings (NASDAQ:PPIH)

Returns On Capital Are Showing Encouraging Signs At Perma-Pipe International Holdings (NASDAQ:PPIH)

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Typically, we'll want to notice a...

Shareholder Returns

PPIHUS MachineryUS Market
7D2.5%-4.1%-2.7%
1Y99.9%-19.3%-12.9%

Return vs Industry: PPIH exceeded the US Machinery industry which returned -19.3% over the past year.

Return vs Market: PPIH exceeded the US Market which returned -12.9% over the past year.

Price Volatility

Is PPIH's price volatile compared to industry and market?
PPIH volatility
PPIH Average Weekly Movement7.1%
Machinery Industry Average Movement5.7%
Market Average Movement7.8%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market2.9%

Stable Share Price: PPIH is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: PPIH's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1993608David Mansfieldhttps://www.permapipe.com

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.

Perma-Pipe International Holdings Fundamentals Summary

How do Perma-Pipe International Holdings's earnings and revenue compare to its market cap?
PPIH fundamental statistics
Market CapUS$110.81m
Earnings (TTM)US$6.06m
Revenue (TTM)US$138.55m

18.3x

P/E Ratio

0.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PPIH income statement (TTM)
RevenueUS$138.55m
Cost of RevenueUS$106.02m
Gross ProfitUS$32.53m
Other ExpensesUS$26.47m
EarningsUS$6.06m

Last Reported Earnings

Jan 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.74
Gross Margin23.48%
Net Profit Margin4.38%
Debt/Equity Ratio39.0%

How did PPIH perform over the long term?

See historical performance and comparison

Valuation

Is Perma-Pipe International Holdings undervalued compared to its fair value and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


18.28x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate PPIH's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate PPIH's fair value for valuation analysis.


Price To Earnings Ratio

PE vs Industry: PPIH is good value based on its PE Ratio (18.3x) compared to the US Machinery industry average (21.3x).

PE vs Market: PPIH is poor value based on its PE Ratio (18.3x) compared to the US market (15.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate PPIH's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: PPIH's PB Ratio (2x) is in line with the US Machinery industry average.


Future Growth

How is Perma-Pipe International Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


13.7%

Forecasted Capital Goods industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Perma-Pipe International Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Perma-Pipe International Holdings performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


45.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: PPIH has high quality earnings.

Growing Profit Margin: PPIH became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: PPIH has become profitable over the past 5 years, growing earnings by 45.6% per year.

Accelerating Growth: PPIH has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: PPIH has become profitable in the last year, making it difficult to compare its past year earnings growth to the Machinery industry (24%).


Return on Equity

High ROE: PPIH's Return on Equity (11.1%) is considered low.


Financial Health

How is Perma-Pipe International Holdings's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: PPIH's short term assets ($78.4M) exceed its short term liabilities ($38.4M).

Long Term Liabilities: PPIH's short term assets ($78.4M) exceed its long term liabilities ($30.5M).


Debt to Equity History and Analysis

Debt Level: PPIH's net debt to equity ratio (23.9%) is considered satisfactory.

Reducing Debt: PPIH's debt to equity ratio has increased from 19.8% to 39% over the past 5 years.

Debt Coverage: PPIH's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: PPIH's interest payments on its debt are well covered by EBIT (9.8x coverage).


Balance Sheet


Dividend

What is Perma-Pipe International Holdings's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate PPIH's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate PPIH's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if PPIH's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if PPIH's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as PPIH has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

3.5yrs

Average management tenure


CEO

David Mansfield (61 yo)

5.5yrs

Tenure

US$1,239,249

Compensation

Mr. David J. Mansfield has been the President and Chief Executive Officer of Perma-Pipe International Holdings, Inc. since November 8, 2016. He has been the Chief Executive Officer and President of Perma-P...


CEO Compensation Analysis

Compensation vs Market: David's total compensation ($USD1.24M) is above average for companies of similar size in the US market ($USD771.12K).

Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: PPIH's management team is considered experienced (3.5 years average tenure).


Board Members

Experienced Board: PPIH's board of directors are considered experienced (6.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Perma-Pipe International Holdings, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Perma-Pipe International Holdings, Inc.
  • Ticker: PPIH
  • Exchange: NasdaqGM
  • Founded: 1993
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Implied Market Cap: US$110.815m
  • Shares outstanding: 8.15m
  • Website: https://www.permapipe.com

Number of Employees


Location

  • Perma-Pipe International Holdings, Inc.
  • 6410 West Howard Street
  • Niles
  • Illinois
  • 60714-3491
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/21 00:00
End of Day Share Price2022/05/20 00:00
Earnings2022/01/31
Annual Earnings2022/01/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.