PPIH - Perma-Pipe International Holdings Stock Price, Fair Value and News

8.91USD+0.05 (+0.56%)Delayed as of 17 May 2024, 10:41 am ET

Market Summary

USD8.91+0.05

Delayedas of 17 May 2024, 10:41 am

0.56%

PPIH Stock Price

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PPIH RSI Chart

PPIH Valuation

Market Cap

71.0M

Price/Earnings (Trailing)

6.78

Price/Sales (Trailing)

0.47

EV/EBITDA

6.72

Price/Free Cashflow

19.59

PPIH Price/Sales (Trailing)

PPIH Profitability

Operating Margin

27.52%

EBT Margin

6.56%

Return on Equity

15.93%

Return on Assets

6.72%

Free Cashflow Yield

5.1%

PPIH Fundamentals

PPIH Revenue

Revenue (TTM)

150.7M

Rev. Growth (Yr)

10.26%

Rev. Growth (Qtr)

-12.06%

PPIH Earnings

Earnings (TTM)

10.5M

Earnings Growth (Yr)

167.07%

Earnings Growth (Qtr)

346.36%

Breaking Down PPIH Revenue

52 Week Range

7.4810.78

(Low)(High)

Last 7 days

-3.5%

Last 30 days

21.4%

Last 90 days

8.1%

Trailing 12 Months

-15.0%

How does PPIH drawdown profile look like?

PPIH Financial Health

Current Ratio

1.71

Debt/Equity

0.18

Debt/Cashflow

1.25

PPIH Investor Care

Shares Dilution (1Y)

0.16%

Diluted EPS (TTM)

1.3

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	150.7M	0	0	0
2023	142.6M	141.0M	139.1M	146.9M
2022	138.6M	145.4M	142.6M	145.3M
2021	84.7M	86.4M	105.8M	120.7M
2020	127.7M	126.1M	109.8M	95.7M
2019	129.0M	124.4M	128.7M	130.3M
2018	105.2M	110.6M	116.1M	121.4M
2017	98.8M	99.3M	103.3M	105.5M
2016	122.7M	125.5M	123.2M	101.6M
2015	126.9M	125.9M	124.8M	123.8M
2014	226.8M	231.7M	224.2M	210.1M
2013	170.0M	180.2M	198.2M	208.9M
2012	233.5M	224.6M	203.5M	179.4M
2011	218.6M	222.3M	226.0M	229.8M
2010	0	0	0	0

Get all data in R, Python etc through our Historical Stock Data APIs

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Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

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Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

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Russell 2000 Index

Very Expensive Stocks

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Tracking the Latest Insider Buys and Sells of Perma-Pipe International Holdings

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Dec 20, 2023	boiter cynthia	sold	-18,930	7.90734	-2,394	-
Dec 20, 2023	brown david b	sold	-18,930	7.90734	-2,394	-
Oct 06, 2023	walker jerome t.	bought	11,250	7.5	1,500	-
Sep 26, 2023	walker jerome t.	bought	9,480	7.9	1,200	-
Sep 20, 2023	mcnally robert joseph	bought	50,150	8.35833	6,000	-
Jun 22, 2023	walker jerome t.	acquired	-	-	8,293	-
Jun 22, 2023	norwood d bryan	acquired	-	-	6,432	vice president, cfo
Jun 22, 2023	norwood d bryan	sold (taxes)	-6,052	9.7	-624	vice president, cfo
Jun 22, 2023	mcnally robert joseph	acquired	-	-	7,317	-
Jun 22, 2023	dewbre grant	sold (taxes)	-6,896	9.7	-711	chief operating officer

Which funds bought or sold PPIH recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 15, 2024	MORGAN STANLEY	added	16.46	102,372	745,531	-%
May 15, 2024	BANK OF AMERICA CORP /DE/	sold off	-100	-40.00	-	-%
May 15, 2024	Tower Research Capital LLC (TRC)	reduced	-8.01	-728	7,892	-%
May 15, 2024	WEDBUSH SECURITIES INC	reduced	-5.18	-213,000	3,568,000	0.13%
May 15, 2024	BRIDGEWAY CAPITAL MANAGEMENT, LLC	unchanged	-	9,416	676,240	0.01%
May 15, 2024	CANNELL CAPITAL LLC	unchanged	-	-5,064	1,078,290	0.23%
May 15, 2024	Royal Bank of Canada	reduced	-55.13	-1,000	1,000	-%
May 14, 2024	NORTHERN TRUST CORP	reduced	-6.79	-15,102	193,803	-%
May 14, 2024	Keeley-Teton Advisors, LLC	unchanged	-	-414	88,164	0.01%
May 14, 2024	Baird Financial Group, Inc.	unchanged	-	-1,513	322,273	-%

Are Funds Buying or Selling PPIH?

Are funds buying PPIH calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own PPIH

No. of Funds

Unveiling Perma-Pipe International Holdings's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 09, 2024	dimensional fund advisors lp	5.5%	444,985	SC 13G/A
Feb 10, 2023	dimensional fund advisors lp	6.2%	494,361	SC 13G/A
Feb 10, 2022	vanguard index funds	4.24%	342,184	SC 13G/A
Feb 10, 2022	vanguard group inc	4.24%	342,184	SC 13G/A
Feb 08, 2022	dimensional fund advisors lp	5.9%	473,149	SC 13G/A
Feb 16, 2021	dimensional fund advisors lp	6.8%	552,044	SC 13G/A
Feb 10, 2021	vanguard group inc	6.65%	543,193	SC 13G/A
Feb 08, 2021	vanguard index funds	5.78%	471,899	SC 13G/A
Feb 14, 2020	cannell capital llc	7.45%	600,396	SC 13G/A
Feb 12, 2020	vanguard index funds	5.78%	465,028	SC 13G

Recent SEC filings of Perma-Pipe International Holdings

View All Filings

Date Filed	Form Type	Document
Apr 26, 2024	8-K	Current Report
Apr 26, 2024	10-K	Annual Report
Feb 09, 2024	SC 13G/A	Major Ownership Report

Peers (Alternatives to Perma-Pipe International Holdings)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CARR	58.6B	23.0B	18.72%	51.54%	43.65	2.55	9.35%	-48.07%
HUBB	21.0B	5.5B	-1.23%	42.32%	28.96	3.83	8.06%	32.52%
BLDR	20.2B	17.1B	-9.25%	37.58%	13.76	1.18	-18.27%	-40.02%
CSL	19.8B	4.9B	10.97%	97.47%	23.04	4.03	-3.54%	3.11%
LECO	13.0B	-	-4.69%	34.98%	23.76	3.13	6.67%	16.79%
MID-CAP
AYI	8.1B	3.9B	4.65%	65.76%	21.51	2.11	-6.35%	-0.40%
AAON	6.2B	1.2B	-14.96%	22.73%	34.22	5.28	19.83%	50.95%
ATKR	5.6B	3.4B	-10.82%	28.35%	9.05	1.66	-11.52%	-24.82%
AEIS	3.9B	1.6B	10.91%	16.35%	30.78	2.53	-16.80%	-35.75%
PLUG	2.5B	801.3M	26.30%	-57.59%	-1.74	3.16	3.94%	-88.36%
SMALL-CAP
APOG	1.5B	1.4B	16.85%	69.34%	14.61	1.03	-1.65%	-4.32%
ACTG	538.1M	141.5M	8.92%	30.98%	9.37	3.8	64.77%	235.59%
ACCO	494.5M	1.8B	4.66%	-0.67%	-20.26	0.28	-6.26%	-71.83%
FCEL	379.6M	103.0M	-16.00%	-64.41%	-4.15	3.68	-24.12%	24.29%
APT	57.7M	60.9M	-19.61%	28.50%	13.71	0.95	4.81%	82.22%

Perma-Pipe International Holdings News

Latest updates

Perma-Pipe International Holdings Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-12.1%	40,180	45,690	35,141	29,657	36,441	37,903	37,003	31,222	39,126	35,199	39,804	24,423	21,295	20,294	20,364	22,741	32,263	34,457	36,667	24,276	34,945
Cost Of Revenue	-13.4%	28,145	32,506	25,677	22,883	26,205	26,773	27,117	24,173	29,473	27,570	29,061	19,918	18,885	17,356	18,000	19,275	25,235	26,814	27,014	19,554	28,628
Gross Profit	-8.7%	12,035	13,184	9,464	6,774	10,236	11,130	9,886	7,049	9,653	7,629	10,743	4,505	2,411	2,938	2,364	3,466	7,028	7,643	9,653	4,722	6,317
Operating Expenses	4.7%	7,482	7,145	6,773	6,699	7,114	6,594	6,561	6,889	6,380	5,938	6,655	5,446	5,084	5,702	5,819	5,951	6,236	5,990	6,230	5,702	4,426
S&GA Expenses	-11.1%	1,308	1,471	1,490	1,239	1,301	1,310	1,313	1,239	1,129	1,303	1,053	1,042	1,182	1,174	1,331	1,647	1,201	1,354	1,416	1,260	1,222
EBITDA Margin	-7.4%	0.08*	0.08*	0.07*	0.08*	0.08*	0.07*	0.07*	0.08*	0.09*	0.05*	0.02*	-0.02*	-	-	-	-	-	-	-	-	-
Interest Expenses	25.3%	-478	-640	-636	-512	-534	-717	-500	-368	-111	-270	-268	-178	30.00	-107	-118	-186	-292	-194	-209	-210	-292
Income Taxes	-529.0%	-6,577	1,533	966	758	851	1,143	893	726	216	1,024	861	165	206	-23.00	-101	-215	-287	1,699	-265	312	625
Earnings Before Taxes	-34.2%	3,223	4,897	2,136	-365	4,084	2,871	2,763	-159	3,210	1,519	4,277	-678	-2,332	-2,873	166	-2,736	1,216	1,554	3,455	-1,190	1,599
EBT Margin	-10.3%	0.07*	0.07*	0.06*	0.07*	0.07*	0.06*	0.05*	0.06*	0.06*	0.02*	-0.02*	-0.07*	-	-	-	-	-	-	-	-	-
Net Income	346.4%	8,637	1,935	1,022	-1,123	3,234	1,728	1,868	-885	2,994	495	3,416	-843	-2,538	-2,850	267	-2,521	1,503	-145	3,720	-1,502	974
Net Income Margin	101.5%	0.07*	0.03*	0.03*	0.04*	0.04*	0.04*	0.03*	0.04*	0.04*	0.00*	-0.03*	-0.07*	-	-	-	-	-	-	-	-	-
Free Cashflow	57.3%	4,212	2,677	-3,849	585	120	4,866	-5,694	-7,508	-2,853	4,154	-3,286	-2,851	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	8.0%	156	144	143	125	123	126	131	122	123	122	122	112	103	100	100	107	112	117	115	107	102
Current Assets	4.4%	99.00	95.00	94.00	86.00	86.00	89.00	92.00	81.00	78.00	76.00	76.00	65.00	54.00	53.00	55.00	60.00	64.00	66.00	64.00	57.00	63.00
Cash Equivalents	-2.9%	6.00	6.00	6.00	9.00	6.00	9.00	6.00	6.00	8.00	10.00	6.00	8.00	7.00	7.00	9.00	12.00	13.00	12.00	8.00	8.00	10.00
Inventory	-3.2%	16.00	16.00	14.00	13.00	15.00	15.00	16.00	15.00	14.00	15.00	15.00	15.00	12.00	12.00	12.00	14.00	14.00	16.00	17.00	16.00	12.00
Net PPE	4.9%	38.00	36.00	36.00	29.00	27.00	24.00	24.00	24.00	25.00	26.00	26.00	26.00	27.00	27.00	27.00	28.00	29.00	29.00	29.00	30.00	30.00
Goodwill	3.3%	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00
Current Liabilities	0.4%	58.00	58.00	58.00	47.00	44.00	47.00	50.00	43.00	38.00	37.00	37.00	30.00	28.00	23.00	24.00	31.00	33.00	38.00	36.00	34.00	37.00
Long Term Debt	183.5%	12.00	4.00	4.00	4.00	9.00	4.00	5.00	5.00	5.00	5.00	5.00	6.00	6.00	6.00	6.00	6.00	7.00	7.00	6.00	6.00	7.00
LT Debt, Current	-	-	-	-	-	11.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.00	1.00
LT Debt, Non Current	1.7%	4.00	4.00	4.00	4.00	4.00	4.00	5.00	5.00	5.00	5.00	5.00	6.00	6.00	6.00	6.00	6.00	7.00	7.00	6.00	6.00	7.00
Shareholder's Equity	15.3%	66.00	57.00	57.00	56.00	58.00	55.00	54.00	53.00	54.00	52.00	52.00	49.00	49.00	51.00	53.00	53.00	56.00	55.00	55.00	50.00	52.00
Retained Earnings	250.3%	12.00	3.00	2.00	0.00	2.00	-1.62	-3.34	-3.18	-2.29	-5.29	-5.78	-9.20	-8.36	-5.82	-2.97	-3.24	-0.71	-1.56	-1.41	-5.13	-4.29
Additional Paid-In Capital	-4.6%	60.00	63.00	63.00	63.00	63.00	62.00	62.00	62.00	62.00	61.00	61.00	61.00	61.00	61.00	60.00	60.00	60.00	60.00	59.00	59.00	59.00
Shares Outstanding	0.3%	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	59.00	-	-	-	70.00	-	-	-	53.00	-	-	-	46.00	-	-	-	69.00	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	74.2%	7,114	4,084	-279	3,812	3,859	6,072	-4,064	-7,108	-2,542	5,193	-2,798	-2,427	-1,804	-649	2,022	596	1,292	3,741	-2,317	1,374	5,604
Share Based Compensation	-1.3%	227	230	227	229	239	243	284	236	283	270	276	272	280	285	260	219	225	226	406	154	166
Cashflow From Investing	-106.0%	-2,899	-1,407	-3,570	-3,222	-3,263	-1,158	-1,631	-330	-346	-1,007	-476	-424	-330	-870	14.00	-775	-479	-442	-476	-505	-476
Cashflow From Financing	-75.6%	-4,452	-2,536	1,273	2,459	-3,067	-3,109	5,624	5,095	974	918	394	3,947	3,082	-948	-5,233	-1,045	478	793	1,434	-3,006	-4,743
Buy Backs	-99.8%	1.00	629	-	-	26.00	-	-	-	1,496	496	-	-	-	-	-	-	-	-	-	-	-

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PPIH Income Statement

2024-01-31

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Jan. 31, 2024	Jan. 31, 2023
Net sales	$ 150,668	$ 142,569
Cost of sales	109,210	104,268
Gross profit	41,458	38,301
Operating expenses
General and administrative expenses	22,591	21,994
Selling expense	5,508	5,163
Total operating expenses	28,099	27,157
Income from operations	13,359	11,144
Interest expense	2,266	2,119
Other (expense) income	(1,202)	533
Income from operations before income taxes	9,891	9,558
Income tax (benefit) expense	(3,320)	3,613
Net income	13,211	5,945
Less: Net income attributable to non-controlling interest	2,740	0
Net income attributable to common stock	$ 10,471	$ 5,945
Weighted average common shares outstanding
Basic (in shares)	7,977	7,976
Diluted (in shares)	8,073	8,116
Earnings per share attributable to common stock
Basic (in dollars per share)	$ 1.31	$ 0.75
Diluted (in dollars per share)	$ 1.3	$ 0.73

PPIH Balance Sheet

2024-01-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Jan. 31, 2024	Jan. 31, 2023
Current assets
Cash and cash equivalents	$ 5,845	$ 5,773
Restricted cash	1,395	1,020
Trade accounts receivable, less allowance for doubtful accounts of $699 at January 31, 2024 and $612 at January 31, 2023	46,646	42,010
Inventories	15,541	14,738
Prepaid expenses and other current assets	9,697	7,357
Unbilled accounts receivable	16,597	11,634
Costs and estimated earnings in excess of billings on uncompleted contracts	3,097	3,126
Total current assets	98,818	85,658
Long-term assets
Property, plant and equipment, net of accumulated depreciation	37,619	26,518
Operating lease right-of-use asset	6,467	4,527
Long-term assets	7,919	696
Goodwill	2,222	2,227
Other long-term assets	2,665	3,340
Total long-term assets	56,893	37,308
Total assets	155,711	122,966
Current liabilities
Trade accounts payable	25,323	14,754
Accrued compensation and payroll taxes	1,214	1,179
Commissions and management incentives payable	4,523	4,764
Revolving line - North America	5,519	4,387
Current maturities of long-term debt	4,071	6,227
Customers' deposits	4,264	1,951
Operating lease liability short-term	914	912
Other accrued liabilities	9,039	5,549
Billings in excess of costs and estimated earnings on uncompleted contracts	495	1,743
Income taxes payable	2,380	2,324
Total current liabilities	57,742	43,790
Long-term liabilities
Long-term debt, less current maturities	4,229	4,389
Long-term finance obligation	11,788	9,215
Deferred compensation liabilities	1,212	1,608
Deferred tax liabilities	1,217	909
Operating lease liability long-term	6,270	4,252
Other long-term liabilities	1,275	1,019
Total long-term liabilities	25,991	21,392
Non-controlling interest	6,266	0
Commitments and contingencies
Stockholders' equity
Additional paid-in capital	60,063	62,562
Treasury stock, 112 shares at January 31, 2024 and 3 shares at January 31, 2023	(968)	(26)
Retained earnings	12,088	1,617
Accumulated other comprehensive loss	(5,551)	(6,449)
Total stockholders' equity	65,712	57,784
Total liabilities and stockholders' equity	155,711	122,966
Related Party [Member]
Long-term assets
Total assets	27,300
Stockholders' equity
Common stock, $.01 par value, authorized 50,000 shares; 8,017 issued and outstanding at January 31, 2024 and 8,004 issued and outstanding at January 31, 2023	$ 80	$ 80

About Perma-Pipe International Holdings

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

CEO	Mr. David J. Mansfield
WEBSITE	permapipe.com
INDUSTRY	Communication Equipment
EMPLOYEES	667

Perma-Pipe International Holdings Frequently Asked Questions

What is the ticker symbol for Perma-Pipe International Holdings? What does PPIH stand for in stocks?

PPIH is the stock ticker symbol of Perma-Pipe International Holdings. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Perma-Pipe International Holdings (PPIH)?

As of Thu May 16 2024, market cap of Perma-Pipe International Holdings is 71.03 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of PPIH stock?

You can check PPIH's fair value in chart for subscribers.

What is the fair value of PPIH stock?

You can check PPIH's fair value in chart for subscribers. The fair value of Perma-Pipe International Holdings is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Perma-Pipe International Holdings is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for PPIH so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Perma-Pipe International Holdings a good stock to buy?

The fair value guage provides a quick view whether PPIH is over valued or under valued. Whether Perma-Pipe International Holdings is cheap or expensive depends on the assumptions which impact Perma-Pipe International Holdings's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for PPIH.

What is Perma-Pipe International Holdings's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu May 16 2024, PPIH's PE ratio (Price to Earnings) is 6.78 and Price to Sales (PS) ratio is 0.47. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. PPIH PE ratio will change depending on the future growth rate expectations of investors.