Valuing Perma-Pipe As A Compounder, Not A Small Industrial

Perma-Pipe International Holdings is rated Strong Buy, with a 20%+ upside potential and possible compounder re-rating. PPIH has delivered robust organic growth: revenue doubled and net income turned positive over five years, with expanding margins and returns. Tailwinds include data center infrastructure, Middle East megaprojects, and energy modernization, supported by a strong $136.5M backlog.

Seeking Alpha • Jul 21, 2026

Perma-Pipe Joins Russell 2000 and Russell 3000 Indexes

THE WOODLANDS, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (NASDAQ: PPIH) announced today that it has been added as a member of the Russell 2000® and the Russell 3000® indexes, effective when the US market opens on June 29, as part of the first 2026 Russell indexes reconstitution. The June reconstitution of the Russell US indexes captures up to the 4,000 largest US stocks as of April 30, ranking them by total market capitalization. Membership in the Russell 3000® Index, whic.

Business Wire • Jun 29, 2026

PPIH Stock Falls 19% as Q1 Earnings Down Y/Y on High Operating Costs

Startup costs and project delays weigh on Perma-Pipe's first-quarter earnings per share, though revenues increase and backlog expands.

Zacks Investment Research • Jun 15, 2026

Perma-Pipe International Holdings, Inc. Announces First Quarter 2026 Financial Results

THE WOODLANDS, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (NASDAQ: PPIH) announced today financial results for the first quarter ended April 30, 2026. “For the three months ended April 30, 2026, net sales increased 7.5% to $50.3 million, compared to $46.7 million in the prior-year quarter, driven by higher sales volumes in both North America and the MENA region. Gross profit was $14.6 million, compared to $16.7 million in the first quarter of fiscal 2025. The decrease in gr.

Business Wire • Jun 9, 2026

3 More Small-Cap Stocks to Buy

Tom Yeung here with your Sunday Digest . Right now, Wall Street is crowding into the same handful of stocks.

InvestorPlace • May 17, 2026

Perma-Pipe's Q4 Earnings Increase Y/Y on Volume Growth

PPIH delivers year-over-year growth in EPS and record revenues in Q4, supported by strong demand across key global markets and improved operational execution.

Zacks Investment Research • Apr 22, 2026

Perma-Pipe International : From High Expectations To A More Attractive Entry Point

Perma-Pipe is upgraded to BUY after a post-earnings pullback, with fundamentals improving and risk/reward now attractive. PPIH delivered 33% sales growth in 2025, with Q4 sales up 22% year-over-year and EPS of $0.60, beating expectations. Order backlog remains historically high despite a sequential decline, reflecting strong execution and robust revenue conversion.

Seeking Alpha • Apr 21, 2026

Perma-Pipe International Holdings, Inc. Announces Record Fourth Quarter and Fiscal 2025 Results; Net Sales Increase 33% and Net Income Grows 89%

THE WOODLANDS, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (NASDAQ: PPIH) today announced financial results for the fourth quarter and 2025 fiscal year ended January 31, 2026. “For the three months ended January 31, 2026, net sales were $55.1 million, an increase of $10.1 million, or 22.4%, compared to $45.0 million in the same quarter of the prior year. Growth was driven by higher sales volumes in both the Middle East and North America. Gross profit was $17.3 million, up $2.

Business Wire • Apr 16, 2026

Perma-Pipe International Holdings, Inc. Announces the Appointment of Nancy Zakhour and Saleh Sagr to its Board of Directors

THE WOODLANDS, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH), a global leader in pre-insulated piping and leak detection systems, today announced the appointment of Nancy Zakhour and Saleh Sagr to its Board of Directors, effective April 8, 2026. Ms. Zakhour will serve as an independent director and a member of the Board's Audit, Compensation, and Nominating and Corporate Governance Committees. Mr. Sagr will serve as a director. Ms. Zakhour is a dynamic energy ex.

Business Wire • Apr 7, 2026

Perma-Pipe International Holdings Offers Robust Upside

Perma-Pipe International Holdings is a niche piping systems provider demonstrating strong recent revenue growth and contract wins. PPIH's backlog surged from $38.5M (2022) to $148.9M (Q3 2025), signaling robust forward demand and earnings visibility. Profitability and cash flows have trended positively, with adjusted operating cash flow reaching $21.9M and EBITDA $25.3M in the latest period.

Seeking Alpha • Mar 9, 2026