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What is Perma-Pipe International Holdings Debt-to-EBITDA?
Perma-Pipe International HoldingsFRA:MF3 +4.00%76 Debt-to-EBITDA is 2.28 as of Apr. 2026, which is 40% above its 10-year median of 1.63. GuruFocus rates FRA:MF3 with a GF Score™ of 76/100 and a GF Value™ of €15.59 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,405 Construction companies, Perma-Pipe International Holdings ranks better than 55.3% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Perma-Pipe International Holdings's Debt-to-EBITDA or its related term are showing as below:
FRA:MF3'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -11.57 Med: 1.63 Max: 2.74
Current: 1.75
During the past 13 years, the highest Debt-to-EBITDA Ratio of Perma-Pipe International Holdings was 2.74. The lowest was -11.57. And the median was 1.63.
FRA:MF3's Debt-to-EBITDA is ranked better than 55.3% of 1405
companies
in the Construction industry
Industry Median: 2.14
vs FRA:MF3: 1.75
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Perma-Pipe International Holdings Debt-to-EBITDA Related Terms
Perma-Pipe International Holdings Debt-to-EBITDA Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Perma-Pipe International Holdings Debt-to-EBITDA Chart
FRA:MF3 vs JLHL, BURCA, AIRJ: Debt-to-EBITDA Comparison
For the Building Products & Equipment subindustry, Perma-Pipe International Holdings's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Perma-Pipe International Holdings Debt-to-EBITDA vs Construction Industry
For the Construction industry and Industrials sector, Perma-Pipe International Holdings's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Perma-Pipe International Holdings's Debt-to-EBITDA falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Apr. 2026) EBITDA data.
Perma-Pipe International Holdings (FRA:MF3) has a Debt-to-EBITDA of 2.28 as of Apr. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Perma-Pipe International Holdings. This is 40% above median its historical median of 1.63. According to the industry distribution chart, Perma-Pipe International Holdings ranks #628 out of 1405 companies in the Construction industry, placing it in the top 44.7%.
Is Perma-Pipe International Holdings' Debt-to-EBITDA too high?
Perma-Pipe International Holdings' current Debt-to-EBITDA of 2.28 is 40% above median its 10-year median of 1.63. The Construction industry median Debt-to-EBITDA is 2.14. Perma-Pipe International Holdings' value of 2.28 is 6.5% above this industry median. Based on the distribution chart, Perma-Pipe International Holdings ranks #628 out of 1405 companies in the Construction industry, which is above the industry midpoint. Overall, Perma-Pipe International Holdings has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Perma-Pipe International Holdings' Debt-to-EBITDA compare to JLHL and BURCA?
According to the Construction industry distribution chart, Perma-Pipe International Holdings ranks #628 out of 1405 companies for Debt-to-EBITDA. This puts Perma-Pipe International Holdings in the upper half of its industry. The industry median Debt-to-EBITDA is 2.14. Perma-Pipe International Holdings' value of 2.28 is 6.5% above this benchmark. While the company's 10-year median is 1.63 vs. the industry median of 2.14, Perma-Pipe International Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Construction company?
The median Debt-to-EBITDA among Construction companies is 2.14, based on 1,405 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Perma-Pipe International Holdings's current Debt-to-EBITDA of 2.28 is 6.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Perma-Pipe International Holdings. For the Construction industry, the median Debt-to-EBITDA is 2.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Perma-Pipe International Holdings's current Debt-to-EBITDA is 2.28, which is 40% above median its own 10-year median of 1.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Perma-Pipe International Holdings stock overvalued right now?
Based on GuruFocus' analysis, Perma-Pipe International Holdings (FRA:MF3) is currently considered Significantly Overvalued. The stock's GF Value™ is €15.59, compared to a current price of €20.80 — trading 33.4% above its estimated fair value. The current Debt-to-EBITDA is 2.28, which is 40% above median its 10-year median of 1.63 and 6.5% above the Construction industry median of 2.14. Perma-Pipe International Holdings' overall GF Score™ is 76/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Perma-Pipe International Holdings (FRA:MF3), the current Debt-to-EBITDA is 2.28 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Perma-Pipe International Holdings (FRA:MF3) Overvalued in 2026?
Based on GuruFocus' analysis, Perma-Pipe International Holdings stock appears to be overvalued.
The current stock price of €20.80 is trading 33.4% above its estimated GF Value™ of €15.59.
GuruFocus considers Perma-Pipe International Holdings to be Significantly Overvalued.
Key valuation signals for FRA:MF3:
Debt-to-EBITDA: 2.28 (40% above median its 10-year median of 1.63)
GF Value™: €15.59 vs. price of €20.80 (33.4% above fair value)
Industry Position: 6.5% above the Construction median (#628 of 1405)
No single metric tells the full story. See the FRA:MF3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Perma-Pipe International Holdings Inc is engaged in the manufacture and sale of products in Piping Systems. The company engineers, designs, manufactures, and sells specialty piping systems and leak detection systems. Specialty piping systems of the company include insulated and jacketed district heating and cooling piping systems for efficient energy distribution from central energy plants to multiple locations, primary and secondary containment piping systems for transporting chemicals, hazardous fluids, and petroleum products, the coating and insulation of oil and gas gathering and transmission pipelines, and liquid and powder based anti-corrosion coatings applied both to the external and internal surfaces of steel pipe, including shapes such as bends, reducers, tees, and other fittings.
76GF Score
Get the complete analysis for FRA:MF3
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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