Perma-Pipe International Holdings, Inc., together with its subsidiaries, engineers, designs, manufactures, and sells specialty piping and leak detection systems.
Excellent balance sheet and fair value.
Share Price & News
How has Perma-Pipe International Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PPIH's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: PPIH underperformed the US Machinery industry which returned 0.5% over the past year.
Return vs Market: PPIH underperformed the US Market which returned 8.9% over the past year.
Price Volatility Vs. Market
How volatile is Perma-Pipe International Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StPerma-Pipe International Holdings, Inc. (NASDAQ:PPIH) Might Not Be A Great Investment
1 month ago | Simply Wall StImagine Owning Perma-Pipe International Holdings (NASDAQ:PPIH) And Wondering If The 36% Share Price Slide Is Justified
1 month ago | Simply Wall StPerma-Pipe International Holdings (NASDAQ:PPIH) Has A Rock Solid Balance Sheet
Is Perma-Pipe International Holdings undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: PPIH ($6.06) is trading above our estimate of fair value ($1.58)
Significantly Below Fair Value: PPIH is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: PPIH is good value based on its PE Ratio (13.5x) compared to the Machinery industry average (21.1x).
PE vs Market: PPIH is good value based on its PE Ratio (13.5x) compared to the US market (16.4x).
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 is good value based on its PB Ratio (0.9x) compared to the US Machinery industry average (2.2x).
How is Perma-Pipe International Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
- Examine whether Perma-Pipe International Holdings is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Explore growth companies in the Capital Goods industry.
How has Perma-Pipe International Holdings performed over the past 5 years?
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 9.1% 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 (-5.7%).
Return on Equity
High ROE: PPIH's Return on Equity (6.4%) is considered low.
How is Perma-Pipe International Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: PPIH's short term assets ($64.3M) exceed its short term liabilities ($32.8M).
Long Term Liabilities: PPIH's short term assets ($64.3M) exceed its long term liabilities ($23.8M).
Debt to Equity History and Analysis
Debt Level: PPIH's debt to equity ratio (28.1%) is considered satisfactory.
Reducing Debt: PPIH's debt to equity ratio has increased from 25.6% to 28.1% over the past 5 years.
Debt Coverage: PPIH's debt is well covered by operating cash flow (26.1%).
Interest Coverage: PPIH's interest payments on its debt are well covered by EBIT (6.6x coverage).
What is Perma-Pipe International Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate PPIH's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate PPIH's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if PPIH's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PPIH's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of PPIH's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
David Mansfield (59yo)
Mr. David J. Mansfield has been the President and Chief Executive Officer of Perma-Pipe International Holdings, Inc. since November 8, 2016. He has been the Chief Executive Officer and President of Perma-P ...
CEO Compensation Analysis
Compensation vs Market: David's total compensation ($USD1.20M) is above average for companies of similar size in the US market ($USD577.87K).
Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.
|VP, CFO & Secretary||1.58yrs||US$415.34k||0.16% $77.3k|
|VP & Chief Human Resources Officer||6.5yrs||US$426.14k||0.57% $277.7k|
|Senior Vice President of MENA||2.58yrs||no data||no data|
|Senior Vice President of Americas||1.92yrs||no data||no data|
|President of PPME||no data||no data||no data|
|Corporate Controller||no data||no data||no data|
|General Manager of Cartridge Filter Products||no data||no data||no data|
Experienced Management: PPIH's management team is considered experienced (2.6 years average tenure).
|Independent Chairman of the Board||4.75yrs||US$145.00k||0.024% $11.6k|
|Independent Director||6.17yrs||US$119.50k||no data|
|Independent Director||5.17yrs||US$122.00k||no data|
|Independent Director||1.42yrs||US$115.07k||no data|
Experienced Board: PPIH's board of directors are considered experienced (4.8 years average tenure).
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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.1%.
Perma-Pipe International Holdings, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Perma-Pipe International Holdings, Inc.
- Ticker: PPIH
- Exchange: NasdaqGM
- Founded: 1993
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: US$48.771m
- Shares outstanding: 8.05m
- Website: https://www.permapipe.com
Number of Employees
- Perma-Pipe International Holdings, Inc.
- 6410 West Howard Street
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PPIH||NasdaqGM (Nasdaq Global Market)||Yes||Common Stock||US||USD||Dec 1989|
Perma-Pipe International Holdings, Inc., together with its subsidiaries, engineers, designs, manufactures, and sells specialty piping and leak detection systems. The company offers insulated 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. 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.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/05 02:40|
|End of Day Share Price||2020/06/04 00:00|
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.