Perma-Pipe International Holdings Inc
Research Perma-Pipe International Holdings Inc (PPIH) on Bullrun: valuation model: 20.6% undervalued, market cap USD 216.32M, P/E 15.7. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerPPIH
- ExchangeNASDAQ
- CountryUnited States
- SectorIndustrials
- IndustryBuilding Products & Equipment
- CurrencyUSD
- Valuation signal20.6% undervalued
- Market capUSD 216.32M
- P/E15.7
- Financial periodFY2026
- RevenueUSD 210.93M
- Revenue growth33.2%
- Net incomeUSD 17.04M
- Free cash flow-USD 1.27M
- Gross margin32.9%
Valuation Snapshot
Bullrun's latest valuation model marks Perma-Pipe International Holdings Inc as 20.6% undervalued; latest market cap is USD 216.32M; P/E is 15.7.
Peer valuation comparison
Latest P/E is 15.72x versus a Industrials sector median of 20.76x (24.3% below).
Latest P/E is 15.72x versus a United States median of 24.87x (36.8% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2026 | USD 210.93M | USD 17.04M | -USD 1.27M | 32.9% | 2.09 | USD 18.72M | USD 24.01M | USD 90.64M |
| FY2025 | USD 158.38M | USD 17.04M | USD 11.05M | 33.6% | 1.12 | USD 15.72M | USD 12.92M | USD 72.14M |
| FY2024 | USD 150.67M | USD 8.98M | USD 3.63M | 27.5% | 1.3 | USD 5.85M | USD 13.82M | USD 65.71M |
| FY2023 | USD 142.57M | USD 10.47M | -USD 8.22M | 26.9% | 0.73 | USD 5.77M | USD 15.00M | USD 57.78M |
| FY2022 | USD 138.55M | USD 6.06M | -USD 4.84M | 23.5% | 0.72 | USD 8.21M | USD 12.44M | USD 54.46M |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-08-25 | USD 216.32M | 15.7 | n/a | n/a |
| 2025 | 2025-12-31 | USD 245.73M | 17.8 | n/a | n/a |
| 2024 | 2024-12-31 | USD 119.34M | 7.6 | n/a | n/a |
| 2023 | 2023-12-29 | USD 63.16M | 12.8 | n/a | n/a |
| 2022 | 2022-12-30 | USD 75.64M | 13.7 | n/a | n/a |
| 2021 | 2021-12-31 | USD 70.02M | 144.7 | n/a | n/a |
About Perma-Pipe International Holdings Inc
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;
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Frequently asked questions
Is Perma-Pipe International Holdings Inc overvalued or undervalued?
Bullrun's valuation model currently marks Perma-Pipe International Holdings Inc as 20.6% undervalued.
What is Perma-Pipe International Holdings Inc's market cap?
Perma-Pipe International Holdings Inc's market capitalization is USD 216.32M.
What is Perma-Pipe International Holdings Inc's P/E ratio?
Perma-Pipe International Holdings Inc's price-to-earnings (P/E) ratio is 15.7.
What does Perma-Pipe International Holdings Inc do?
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.