-0.39%
4.83%
18.86%
59.06%
85.47%
75.00%
68.78%
AI Spotlight on PPIH
Company Description
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.
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.
Market Data
| Last Price | 15.19 |
| Change Percentage | -0.39% |
| Open | 15.25 |
| Previous Close | 15.25 |
| Market Cap ( Millions) | 121 |
| Volume | 13968 |
| Year High | 17.58 |
| Year Low | 6.83 |
| M A 50 | 15.36 |
| M A 200 | 11.58 |
Financial Ratios
| FCF Yield | 8.71% |
| Dividend Yield | 0.00% |
| ROE | 23.41% |
| Debt / Equity | 22.09% |
| Net Debt / EBIDTA | 10.51% |
| Price To Book | 1.7 |
| Price Earnings Ratio | 7.64 |
| Price To FCF | 11.48 |
| Price To sales | 0.79 |
| EV / EBITDA | 5.37 |
News
- Jan -10 - Perma-Pipe International Holdings, Inc. Announces $43 Million Contract Award in the Middle East Region
- Jan -06 - Perma-Pipe International Holdings, Inc. Announces the Appointment of Ibrahim Jaham Al Kuwari to its Board of Directors
- Dec -26 - Perma-Pipe Stock Up 13% Since Q3 Earnings Rise Y/Y Amid Backlog Growth
- Dec -23 - Perma-Pipe International Holdings, Inc. Announces Third Quarter Financial Results
- Nov -06 - Perma-Pipe International Holdings, Inc. Announces $15 Million in Contract Awards in the Americas and Middle East Regions
- Oct -09 - The Zacks Analyst Blog JPMorgan, Medtronic, Shopify and Perma-Pipe International
- Sep -25 - Perma-Pipe International Holdings, Inc., announces $4 million in Contract Awards in the Americas Region
- Sep -12 - Perma-Pipe's Q2 Earnings Soar Y/Y on Strong MENA Demand
- Sep -11 - Perma-Pipe International Holdings, Inc. Announces Second Quarter Financial Results
- Jul -15 - Perma-Pipe International Holdings, Inc. Announces $10 Million in Contract Awards in Saudi Arabia
- Jun -14 - Perma-Pipe's (PPIH) Q1 Earnings Surge Y/Y on Strong Sales
- Jun -13 - Perma-Pipe International Holdings, Inc. Announces First Quarter Fiscal 2024 Financial Results
- May -28 - How to Invest in Microcaps with Lumpy Revenue
- May -17 - Zacks Initiates Coverage of PERMA-PIPE With Outperform Recommendation
- Apr -26 - Perma-Pipe International Holdings, Inc. Announces Fourth Quarter and Fiscal 2023 Financial Results
- Jan -03 - Perma-Pipe International Holdings announces acceptance into QatarEnergy's Tawteen Program
- Dec -08 - Perma-Pipe International Holdings, Inc. Announces its Third Quarter Fiscal 2023 Financial Results
- Oct -02 - Perma-Pipe International Holdings Announces the Appointment of Matthew Lewicki as Vice President and Chief Financial Officer, Secretary and Treasurer
- Sep -28 - Perma-Pipe International Holdings, Inc., announces opening of a new state-of-the-art insulation facility in Canada
- Sep -19 - Perma-Pipe International Holdings Appoints Chuck Heaton as Vice President of Human Resources
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Specialty Piping Systems and Coating
Expected Growth : 4.65 %
What the company do ?
Perma-Pipe International Holdings, Inc.'s Specialty Piping Systems and Coating provide insulated piping solutions for industrial applications, offering corrosion protection and thermal insulation for pipes in harsh environments.
Why we expect these perspectives ?
Perma-Pipe International Holdings, Inc.'s Specialty Piping Systems and Coating segment growth of 4.65% is driven by increasing demand for corrosion protection in the oil and gas industry, expansion into new geographic markets, and strategic acquisitions. Additionally, growing adoption of high-temperature and high-pressure piping systems, as well as increasing focus on pipeline integrity and safety, contribute to the segment's growth.
Segment n°2 -> Leak Detection Systems
Expected Growth : 8.37 %
What the company do ?
Leak Detection Systems from Perma-Pipe International Holdings, Inc. detect pipeline leaks, ensuring timely intervention and minimizing environmental damage and economic loss.
Why we expect these perspectives ?
Perma-Pipe International Holdings, Inc.'s Leak Detection Systems growth of 8.37% is driven by increasing demand for pipeline infrastructure, rising concerns over environmental safety, and growing adoption of IoT-based monitoring solutions. Additionally, the need for efficient and cost-effective leak detection methods, coupled with government regulations and investments in pipeline maintenance, contribute to the segment's growth.
Perma-Pipe International Holdings, Inc. Products
| Product Range | What is it ? |
|---|---|
| Insulated Piping Systems | Perma-Pipe's insulated piping systems are designed to transport fluids in extreme temperatures, providing thermal insulation and corrosion protection. |
| Pre-Insulated Pipe Systems | Perma-Pipe's pre-insulated pipe systems provide thermal insulation and corrosion protection for pipes in various industries. |
| Coatings and Linings | Perma-Pipe's coatings and linings provide corrosion protection and abrasion resistance for pipes and tanks in various industries. |
| Field Joint Coatings | Perma-Pipe's field joint coatings provide corrosion protection for field joints in pipelines. |
| Pipe Fabrication | Perma-Pipe's pipe fabrication services provide custom pipe fabrication solutions for various industries. |
| Engineering and Design Services | Perma-Pipe's engineering and design services provide customized solutions for piping systems and pipeline projects. |
Perma-Pipe International Holdings, Inc.'s Porter Forces
Threat Of Substitutes
Perma-Pipe International Holdings, Inc. operates in a niche market with limited substitutes, but the threat of substitutes is still present due to the availability of alternative materials and technologies.
Bargaining Power Of Customers
Perma-Pipe International Holdings, Inc. has a diverse customer base, which reduces the bargaining power of individual customers. Additionally, the company's products are often customized, making it difficult for customers to switch to alternative suppliers.
Bargaining Power Of Suppliers
Perma-Pipe International Holdings, Inc. relies on a few key suppliers for raw materials, which gives them some bargaining power. However, the company's long-term relationships with suppliers and its ability to negotiate prices mitigate this risk.
Threat Of New Entrants
The threat of new entrants is low due to the high barriers to entry in the piping industry, including significant capital expenditures and regulatory hurdles. Additionally, Perma-Pipe International Holdings, Inc. has established relationships with customers and suppliers, making it difficult for new entrants to gain traction.
Intensity Of Rivalry
The piping industry is highly competitive, with several established players competing for market share. Perma-Pipe International Holdings, Inc. faces intense competition from rivals, which can lead to pricing pressure and reduced margins.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 18.31% |
| Debt Cost | 5.22% |
| Equity Weight | 81.69% |
| Equity Cost | 5.22% |
| WACC | 5.22% |
| Leverage | 22.42% |
Perma-Pipe International Holdings, Inc. : Quality Control
Perma-Pipe International Holdings, Inc. passed 6 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| NX | Quanex Building Products Corporation, together with its subsidiaries, provides components for the fenestration industry in the United States, Europe, Canada, Asia, and internationally. The company operates through three segments: North … |
| APOG | Apogee Enterprises, Inc. designs and develops glass and metal products and services in the United States, Canada, and Brazil. The company operates in four segments: Architectural Framing Systems, Architectural Glass, … |
| ROCK | Gibraltar Industries, Inc. manufactures and distributes building products for the renewable energy, residential, agtech, and infrastructure markets in North America and Asia. It operates through four segments: Renewables, Residential, Agtech, … |
| BXC | BlueLinx Holdings Inc., together with its subsidiaries, distributes residential and commercial building products in the United States. The company distributes specialty products comprising engineered wood, industrial products, cedar, moulding, siding, … |
| SWIM | Latham Group, Inc. designs, manufactures, and markets in-ground residential swimming pools in North America, Australia, and New Zealand. It offers a portfolio of pools and related products, including in-ground swimming … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Apogee Enterprises
A-Score
1-Year Total Return ->
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Perma-Pipe International Holdings
A-Score
1-Year Total Return ->
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BlueLinx
A-Score
1-Year Total Return ->
4
Gibraltar Industries
A-Score
1-Year Total Return ->
5
Quanex Building Products
A-Score
1-Year Total Return ->
6
