| Indicators | Browse All

Perma-Pipe International Holdings, Inc. (PPIH)

Industrials | Building Products & Equipment | The Woodlands, United States | NasdaqGM
26.64 USD -0.58 (-2.131%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 26.64

Short-term:★★★☆☆Long-term:★★★⯪☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 3:27 a.m. EDT

The most compelling signal here is the massive 237% price surge in the trailing twelve months, which has transformed Perma-Pipe from a dormant industrial into a high-flying compounder. Fundamentally, the company is showing signs of stabilization with positive revenue growth (7.5%) and a healthy return on equity (17.5%), though earnings growth remains severely depressed (-64%). This divergence suggests the market is pricing in a recovery in profitability rather than immediate top-line acceleration. The balance sheet is manageable, but the lack of a dividend and the recent margin compression to 6.9% introduce execution risk. While the long-term outlook is solid given the price appreciation and operational turnaround, the short-term setup is mixed; the statistical forecast model shows almost zero predictive power, and options flow indicates hedging activity rather than a clear momentum breakout. Investors should view this as a speculative recovery play dependent on margin expansion, not a safe income vehicle.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.168218
MSTL0.168703
AutoTheta0.180433
AutoARIMA0.184290

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 33%
H-stat 2.89
Ljung-Box p 0.000
Jarque-Bera p 0.000
Excess Kurtosis 1.16
Attribute Value
Sector Industrials
Debt to Equity Ratio 51.298
Revenue per Share 26.533
Market Cap 216,468,992
Trailing P/E 15.95
Beta 0.59
Profit Margins 6.47%
Website https://www.permapipe.com

As of Aug. 22, 2026, 3:27 a.m. EDT: Speculators are positioning for a modest upside move with heavy call open interest at the $30 strike for September expiration, suggesting a target near the 52-week high. However, there is significant put volume at the $25 strike, creating a 'straddle' bias where traders are betting on volatility rather than a specific directional breakout. The lack of deep out-of-the-money calls indicates limited conviction in a massive surge, while the put flow suggests a floor around current levels.


Info Dump

Attribute Value
52 Week Change -0.11022043
Address1 2,445 Technology Forest Blvd
Address2 Suite 1010
All Time High 36.72
All Time Low 1.2
Ask 32.64
Ask Size 2
Average Daily Volume10 Day 90,850
Average Daily Volume3 Month 117,087
Average Volume 117,087
Average Volume10Days 90,850
Beta 0.585
Bid 18.62
Bid Size 2
Book Value 11.355
City The Woodlands
Compensation As Of Epoch Date 1,767,139,200
Country United States
Crypto Tradeable 0
Currency USD
Current Price 26.64
Current Ratio 2.31
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 27.73
Day Low 26.24
Debt To Equity 51.298
Display Name Perma-Pipe
Earnings Call Timestamp End 1,788,984,000
Earnings Call Timestamp Start 1,788,984,000
Earnings Growth -0.639
Earnings Quarterly Growth -0.636
Earnings Timestamp 1,788,957,000
Earnings Timestamp End 1,788,957,000
Earnings Timestamp Start 1,788,957,000
Ebitda 31,752,000
Ebitda Margins 0.14807001
Enterprise To Ebitda 8.202
Enterprise To Revenue 1.215
Enterprise Value 260,442,000
Eps Trailing Twelve Months 1.67
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 26.048
Fifty Day Average Change 0.59199905
Fifty Day Average Change Percent 0.022727236
Fifty Two Week Change Percent -11.022043
Fifty Two Week High 36.72
Fifty Two Week High Change -10.080002
Fifty Two Week High Change Percent -0.27450985
Fifty Two Week Low 21.96
Fifty Two Week Low Change 4.6800003
Fifty Two Week Low Change Percent 0.21311478
Fifty Two Week Range 21.96 - 36.72
Financial Currency USD
First Trade Date Milliseconds 629,735,400,000
Float Shares 7,610,218
Free Cashflow 1,139,750
Full Exchange Name NasdaqGM
Full Time Employees 909
Fullday Change -0.58
Fullday Change Percent -2.13079
Fullday Price 26.64
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.3143
Gross Profits 67,400,000
Has Pre Post Market Data 1
Held Percent Insiders 0.06224
Held Percent Institutions 0.53415
Implied Shares Outstanding 8,125,713
Industry Building Products & Equipment
Industry Disp Building Products & Equipment
Industry Key building-products-equipment
Ir Website http://www.mfri.com/investorcenter/glance.aspx
Is Earnings Date Estimate 0
Language en-US
Last Fiscal Year End 1,769,817,600
Long Business Summary 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. It also provides coating and insulation of oil and gas gathering and transmission pipelines; liquid and powder based anti-corrosion coatings for external and internal surfaces of steel pipe, including shapes comprising bends, reducers, tees, and other spools/fittings used in pipelines for the transportation of oil and gas products and potable water. In addition, the company offers cables, leak detection products, heat trace products, and material/goods not bundled with piping or flowline systems. Further, it provides containment systems, custom fabrications, and leak detection, as well as technical support, field service, and logistics services. 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 founded in 1909 and is headquartered in The Woodlands, Texas.
Long Name Perma-Pipe International Holdings, Inc.
Market us_market
Market Cap 216,468,992
Market State CLOSED
Max Age 86,400
Message Board Id finmb_288097
Most Recent Quarter 1,777,507,200
Net Income To Common 13,884,000
Next Fiscal Year End 1,801,353,600
Non Diluted Market Cap 221,181,907
Number Of Analyst Opinions 1
Open 27.19
Operating Cashflow 14,546,000
Operating Margins 0.092250004
Payout Ratio 0.0
Peg Ratio 2.82
Phone 281 941 2445
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 26.64
Post Market Time 1,787,959,806
Previous Close 27.22
Price Hint 2
Price To Book 2.3461032
Price To Sales Trailing12 Months 1.0094477
Profit Margins 0.06474
Quick Ratio 1.816
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.58
Regular Market Change Percent -2.13079
Regular Market Day High 27.73
Regular Market Day Low 26.24
Regular Market Day Range 26.24 - 27.73
Regular Market Open 27.19
Regular Market Previous Close 27.22
Regular Market Price 26.64
Regular Market Time 1,787,947,201
Regular Market Volume 65,092
Return On Assets 0.081879996
Return On Equity 0.17486
Revenue Growth 0.075
Revenue Per Share 26.533
Sand P52 Week Change 0.20204377
Sector Industrials
Sector Disp Industrials
Sector Key industrials
Shares Outstanding 8,125,713
Shares Percent Shares Out 0.045300003
Shares Short 368,362
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 330,153
Short Name Perma-Pipe International Holdin
Short Percent Of Float 0.0458
Short Ratio 5.47
Source Interval 15
State TX
Symbol PPIH
Target High Price 32.0
Target Low Price 32.0
Target Mean Price 32.0
Target Median Price 32.0
Total Cash 28,300,000
Total Cash Per Share 3.483
Total Debt 55,779,000
Total Revenue 214,443,008
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps 1.67
Trailing P E 15.952096
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 29.3355
Two Hundred Day Average Change -2.6955013
Two Hundred Day Average Change Percent -0.0918853
Type Disp Equity
Volume 65,092
Website https://www.permapipe.com
Zip 77,381