<- Go home

Added to YB: 2026-04-27

Pitch date: 2026-04-24

PPIH [bullish]

Perma-Pipe International Holdings, Inc.

Author Info

No bio for this author

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

$242.7M

Pitch Price

N/A

Price Target

N/A

Dividend

N/A

EV/EBITDA

7.33

P/E

14.30

EV/Sales

1.36

Sector

Machinery

Category

value

Show full summary:
Perma-Pipe International - An Undervalued Infrastructure and Data Center!

PPIH: Thermal pipe systems for district cooling, oil/gas, data centers. 2025 rev +33%, net profit +89%. Backlog $121.6M (2x 2023). Saudi Aramco approval unlocks Vision 2030 projects via 60% JV. New Ohio facility targets AI data center liquid cooling w/ PermAlert leak detection tech. Trading 15x fwd P/E vs 27x sector avg, 20% EPS CAGR. Risks: internal control weaknesses, customer concentration (23%), raw material volatility.

Read full article (9 min)