Perma-Pipe International Holdings (FRA:MF3) EV-to-OCF: 12.06 (As of Sep. 17, 2026) — 36% Above Median

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FRA:MF3 Perma-Pipe International Holdings Inc FRA:MF3
80 GF Score
Price €24.20
GF Value €17.65
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Perma-Pipe International Holdings EV-to-OCF?

Perma-Pipe International Holdings FRA:MF3 -0.82% 80 EV-to-OCF is 12.06 as of Sep. 17, 2026, which is 36% above its 10-year median of 8.87. GuruFocus rates FRA:MF3 with a GF Score™ of 80/100 and a GF Value™ of €17.65 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,795 Construction companies, Perma-Pipe International Holdings ranks worse than 65.91% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Perma-Pipe International Holdings's Enterprise Value is €248.6 Mil. Perma-Pipe International Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jul. 2026 was €20.6 Mil. Therefore, Perma-Pipe International Holdings's EV-to-OCF for today is 12.06.

The historical rank and industry rank for Perma-Pipe International Holdings's EV-to-OCF or its related term are showing as below:

FRA:MF3' s EV-to-OCF Range Over the Past 10 Years
Min: -100.19   Med: 8.87   Max: 486.09
Current: 12.26

During the past 13 years, the highest EV-to-OCF of Perma-Pipe International Holdings was 486.09. The lowest was -100.19. And the median was 8.87.

FRA:MF3's EV-to-OCF is ranked worse than
65.91% of 1795 companies
in the Construction industry
Industry Median: 6.78 vs FRA:MF3: 12.26

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-09-17), Perma-Pipe International Holdings's stock price is €24.20. Perma-Pipe International Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jul. 2026 was €1.629. Therefore, Perma-Pipe International Holdings's PE Ratio (TTM) for today is 14.86.


Perma-Pipe International Holdings  (FRA:MF3) EV-to-OCF Explanation

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Perma-Pipe International Holdings's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=24.20/1.629
=14.86

Perma-Pipe International Holdings's share price for today is €24.20.
Perma-Pipe International Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jul. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €1.629.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Perma-Pipe International Holdings EV-to-OCF Related Terms


Perma-Pipe International Holdings EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Perma-Pipe International Holdings's EV-to-OCF can be seen below:

* 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 EV-to-OCF Chart

Perma-Pipe International Holdings Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only -38.25 -84.49 6.56 10.75 30.36

Perma-Pipe International Holdings Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26 Jul26
EV-to-OCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.81 11.17 29.66 21.32 9.99

FRA:MF3 vs JELD, JLHL, BURCA: EV-to-OCF Comparison

For the Building Products & Equipment subindustry, Perma-Pipe International Holdings's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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 EV-to-OCF vs Construction Industry

For the Construction industry and Industrials sector, Perma-Pipe International Holdings's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where Perma-Pipe International Holdings's EV-to-OCF falls into.


FRA:MF3
80GF Score
Perma-Pipe International Holdings Inc FRA:MF3
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Perma-Pipe International Holdings EV-to-OCF Calculation

Perma-Pipe International Holdings's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=248.611/20.611
=12.06

Perma-Pipe International Holdings's current Enterprise Value is €248.6 Mil.
Perma-Pipe International Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jul. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €20.6 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-OCF →
What does a EV-to-OCF of 12.06 mean?
Perma-Pipe International Holdings (FRA:MF3) has a EV-to-OCF of 12.06 as of Sep. 17, 2026. This is 36% above median its historical median of 8.87. According to the industry distribution chart, Perma-Pipe International Holdings ranks #1183 out of 1795 companies in the Construction industry, placing it in the top 65.9%.
Is Perma-Pipe International Holdings' EV-to-OCF too high?
Perma-Pipe International Holdings' current EV-to-OCF of 12.06 is 36% above median its 10-year median of 8.87. The Construction industry median EV-to-OCF is 6.78. Perma-Pipe International Holdings' value of 12.06 is 77.9% above this industry median. Based on the distribution chart, Perma-Pipe International Holdings ranks #1183 out of 1795 companies in the Construction industry, which is below the industry midpoint. Overall, Perma-Pipe International Holdings has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Perma-Pipe International Holdings' EV-to-OCF compare to JELD and JLHL?
According to the Construction industry distribution chart, Perma-Pipe International Holdings ranks #1183 out of 1795 companies for EV-to-OCF. This places Perma-Pipe International Holdings in the lower half of its industry. The industry median EV-to-OCF is 6.78. Perma-Pipe International Holdings' value of 12.06 is 77.9% above this benchmark. While the company's 10-year median is 8.87 vs. the industry median of 6.78, 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 EV-to-OCF for a Construction company?
The median EV-to-OCF among Construction companies is 6.78, based on 1,795 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Perma-Pipe International Holdings's current EV-to-OCF of 12.06 is 77.9% 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 EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Construction industry, the median EV-to-OCF is 6.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Perma-Pipe International Holdings's current EV-to-OCF is 12.06, which is 36% above median its own 10-year median of 8.87. 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 €17.65, compared to a current price of €24.20 — trading 37.1% above its estimated fair value. The current EV-to-OCF is 12.06, which is 36% above median its 10-year median of 8.87 and 77.9% above the Construction industry median of 6.78. Perma-Pipe International Holdings' overall GF Score™ is 80/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Perma-Pipe International Holdings (FRA:MF3), the current EV-to-OCF is 12.06 as of Sep. 17, 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 €24.20 is trading 37.1% above its estimated GF Value™ of €17.65. GuruFocus considers Perma-Pipe International Holdings to be Significantly Overvalued.

Key valuation signals for FRA:MF3:

  • EV-to-OCF: 12.06 (36% above median its 10-year median of 8.87)
  • GF Value™: €17.65 vs. price of €24.20 (37.1% above fair value)
  • GF Score™: 80/100 with 2 warning signs
  • Industry Position: 77.9% above the Construction median (#1183 of 1795)

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 Business Description

Other Exchanges PPIH:USA
Address 2445 Technology Forest Boulevard, Suite 1010, The Woodlands, TX, USA, 77381
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.
80GF Score

Get the complete analysis for FRA:MF3

EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€24.20
Price
€17.65
GF Value