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What is Perma-Pipe International Holdings Debt-to-Equity?
Perma-Pipe International HoldingsFRA:MF3 +5.56%71 Debt-to-Equity is 0.61 as of Apr. 2026, which is 22% above its 10-year median of 0.50. GuruFocus rates FRA:MF3 with a GF Score™ of 71/100 and a GF Value™ of €15.03 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,616 Construction companies, Perma-Pipe International Holdings ranks worse than 61.94% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Perma-Pipe International Holdings's Debt-to-Equity or its related term are showing as below:
FRA:MF3'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.19 Med: 0.5 Max: 0.74
Current: 0.61
During the past 13 years, the highest Debt-to-Equity Ratio of Perma-Pipe International Holdings was 0.74. The lowest was 0.19. And the median was 0.50.
FRA:MF3's Debt-to-Equity is ranked worse than 61.94% of 1616
companies
in the Construction industry
Industry Median: 0.4
vs FRA:MF3: 0.61
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Perma-Pipe International Holdings Debt-to-Equity Related Terms
Perma-Pipe International Holdings Debt-to-Equity 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-Equity Chart
FRA:MF3 vs JLHL, BURCA, AIRJ: Debt-to-Equity Comparison
For the Building Products & Equipment subindustry, Perma-Pipe International Holdings's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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-Equity vs Construction Industry
For the Construction industry and Industrials sector, Perma-Pipe International Holdings's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Perma-Pipe International Holdings's Debt-to-Equity 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.
Perma-Pipe International Holdings (FRA:MF3) has a Debt-to-Equity of 0.61 as of Apr. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Perma-Pipe International Holdings and its competitors. This is 22% above median its historical median of 0.50. Over the past decade, Perma-Pipe International Holdings' Debt-to-Equity has ranged from 0.19 to 0.74. According to the industry distribution chart, Perma-Pipe International Holdings ranks #1001 out of 1616 companies in the Construction industry, placing it in the top 61.9%.
Is Perma-Pipe International Holdings' Debt-to-Equity too high?
Perma-Pipe International Holdings' current Debt-to-Equity of 0.61 is 22% above median its 10-year median of 0.50. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 0.74. The Construction industry median Debt-to-Equity is 0.40. Perma-Pipe International Holdings' value of 0.61 is 52.5% above this industry median. Based on the distribution chart, Perma-Pipe International Holdings ranks #1001 out of 1616 companies in the Construction industry, which is below the industry midpoint. Overall, Perma-Pipe International Holdings has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Perma-Pipe International Holdings' Debt-to-Equity compare to JLHL and BURCA?
According to the Construction industry distribution chart, Perma-Pipe International Holdings ranks #1001 out of 1616 companies for Debt-to-Equity. This places Perma-Pipe International Holdings in the lower half of its industry. The industry median Debt-to-Equity is 0.40. Perma-Pipe International Holdings' value of 0.61 is 52.5% above this benchmark. Historically, Perma-Pipe International Holdings' own Debt-to-Equity has ranged from 0.19 to 0.74 over the past decade. While the company's 10-year median is 0.50 vs. the industry median of 0.40, 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-Equity for a Construction company?
The median Debt-to-Equity among Construction companies is 0.40, based on 1,616 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity 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-Equity of 0.61 is 52.5% 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-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Perma-Pipe International Holdings and its competitors. For the Construction industry, the median Debt-to-Equity is 0.40 — 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-Equity is 0.61, which is 22% above median its own 10-year median of 0.50. 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 €15.03, compared to a current price of €22.80 — trading 51.7% above its estimated fair value. The current Debt-to-Equity is 0.61, which is 22% above median its 10-year median of 0.50 and 52.5% above the Construction industry median of 0.40. Perma-Pipe International Holdings' overall GF Score™ is 71/100 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-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Perma-Pipe International Holdings (FRA:MF3), the current Debt-to-Equity is 0.61 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 €22.80 is trading 51.7% above its estimated GF Value™ of €15.03.
GuruFocus considers Perma-Pipe International Holdings to be Significantly Overvalued.
Key valuation signals for FRA:MF3:
Debt-to-Equity: 0.61 (22% above median its 10-year median of 0.50)
GF Value™: €15.03 vs. price of €22.80 (51.7% above fair value)
Industry Position: 52.5% above the Construction median (#1001 of 1616)
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.
71GF Score
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