Professional
Added to YB: 2026-10-07
Pitch date: 2026-10-01
PPIH [bullish]
Perma-Pipe International Holdings, Inc.
-7.69%
current return
Author Info
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Company Info
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.
Market Cap
$262.4M
Pitch Price
$31.71
Price Target
56.34 (+92%)
Dividend
N/A
EV/EBITDA
7.84
P/E
16.91
EV/Sales
1.33
Sector
Machinery
Category
turnaround
(NAS:PPIH) Perma-Pipe: A Pipeline to Higher Earnings
PPIH: Perma-Pipe is evolving from a price-driven district heating and cooling supplier into a technically qualified, entrenched provider for oil and gas, water, energy and industrial infrastructure. Closer customer engagement, national-oil-company relationships and local manufacturing position it for Middle Eastern infrastructure spending and North American data-center cooling. At $31.30, the $56.34 target implies 80% upside; shares trade at 7x trailing EV/EBITDA with a 5% pro forma adjusted FCF yield.
Read full article (2 min)