Obermatt

Perma Pipe

NMQ:PPIH · US7141671039
MachinerySmall

360

71
EV / EBIT61
Price / Owner Earnings15
Owner Earnings Yield48
Dividend Yield1
Price/Sales82
EV / Gross Profit38
Price/Book64
Return on Capital92
Cash Return on Capital65
Return on Equity92
EBIT Margin84
Gross Profitability59
Cash Conversion24
Accruals18
Owner Earnings Margin60
Sales growth64
Profit Growth79
Long-Term EPS Growth51
Owner Earnings Growth56
Reinvestment76
Price momentum94
Debt load45
Refinancing87
Debt Payback31
Liquidity75
Analyst ratings100
Opinion Changes50
Price Target Upside15
Market mood5
Value Creation16/20strong value creator
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Perma Pipe generates returns well above its cost of capital, the foundation of durable shareholder value.

Profile

CountryUSA
IndustryMachinery
SizeSmall
TypePublic Company
ExchangeNASDAQGM
Founded1993
Employees247
ISINUS7141671039
Last UpdateApr 2, 2026
Themes
Environment, Health and Safety (EH&S)Industrial AutomationDetectors, Sensors and MemsManufacturing

Description

Perma-Pipe International Holdings, Inc. engages in the manufacture and sale of piping systems. Products and services The company engineers, designs, manufactures, and sells specialty piping systems and leak detection systems. Specialty piping syste…

Analysis

Middle-of-the-road

Perma-Pipe International Holdings, Inc. sits in the middle of our grid: average quality, average price, no obvious signal in either direction. Worth noting: the cash the business generates has lagged behind what the income statement shows.

On valuation, the picture is expensive. The owner-earnings multiple stands at 25.3×; owner earnings: the cash an owner could take out each year.

Growth is solid; the safety picture is adequate. The company scores 16/20 on our value-creation score: strong value creator.

Flags to be aware of: Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
100
20232026

All-time high

100

Jun 2026

All-time low

88

Jan 2023

Average rank

96

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
82
90
Price/Earnings
100
95
Price/Book
64
78
Dividend Yield
1
1
Value (overall)
72
83

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →