Perma-Pipe International Holdings (STU:MF3) Gross Margin %: 29.12% (As of Apr. 2026) — 26% Above Median


STU:MF3 Perma-Pipe International Holdings Inc STU:MF3
77 GF Score
Price €22.80
GF Value €15.72
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Perma-Pipe International Holdings Gross Margin %?

Perma-Pipe International Holdings STU:MF3 -3.39% 77 Gross Margin % is 29.12% as of Apr. 2026, which is 26% above its 10-year median of 23.12. GuruFocus rates STU:MF3 with a GF Score™ of 77/100 and a GF Value™ of €15.72 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,718 Construction companies, Perma-Pipe International Holdings ranks better than 71.13% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Perma-Pipe International Holdings's Gross Profit for the three months ended in Apr. 2026 was €12.5 Mil. Perma-Pipe International Holdings's Revenue for the three months ended in Apr. 2026 was €43.0 Mil. Therefore, Perma-Pipe International Holdings's Gross Margin % for the quarter that ended in Apr. 2026 was 29.12%.


The historical rank and industry rank for Perma-Pipe International Holdings's Gross Margin % or its related term are showing as below:

STU:MF3' s Gross Margin % Range Over the Past 10 Years
Min: 11.16   Med: 23.12   Max: 33.62
Current: 31.43


During the past 13 years, the highest Gross Margin % of Perma-Pipe International Holdings was 33.62%. The lowest was 11.16%. And the median was 23.12%.

STU:MF3's Gross Margin % is ranked better than
71.13% of 1718 companies
in the Construction industry
Industry Median: 20.785 vs STU:MF3: 31.43

Perma-Pipe International Holdings had a gross margin of 29.12% for the quarter that ended in Apr. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Perma-Pipe International Holdings was 17.60% per year.


Perma-Pipe International Holdings  (STU:MF3) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Perma-Pipe International Holdings had a gross margin of 29.12% for the quarter that ended in Apr. 2026 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Perma-Pipe International Holdings Gross Margin % Related Terms


Perma-Pipe International Holdings Gross Margin % Historical Data

* Premium members only.

The historical data trend for Perma-Pipe International Holdings's Gross Margin % 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 Gross Margin % Chart

Perma-Pipe International Holdings Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.48 26.86 27.52 33.62 32.94

Perma-Pipe International Holdings Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Gross Margin % 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 35.77 30.11 34.35 31.45 29.12

STU:MF3 vs JLHL, JELD, AIRJ: Gross Margin % Comparison

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

For the Construction industry and Industrials sector, Perma-Pipe International Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Perma-Pipe International Holdings's Gross Margin % falls into.


STU:MF3
77GF Score
Perma-Pipe International Holdings Inc STU:MF3
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Perma-Pipe International Holdings Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Perma-Pipe International Holdings's Gross Margin for the fiscal year that ended in Jan. 2026 is calculated as

Gross Margin % (A: Jan. 2026 )=Gross Profit (A: Jan. 2026 ) / Revenue (A: Jan. 2026 )
=59.1 / 179.497
=(Revenue - Cost of Goods Sold) / Revenue
=(179.497 - 120.363) / 179.497
=32.94 %

Perma-Pipe International Holdings's Gross Margin for the quarter that ended in Apr. 2026 is calculated as


Gross Margin % (Q: Apr. 2026 )=Gross Profit (Q: Apr. 2026 ) / Revenue (Q: Apr. 2026 )
=12.5 / 42.977
=(Revenue - Cost of Goods Sold) / Revenue
=(42.977 - 30.463) / 42.977
=29.12 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 29.12% mean?
Perma-Pipe International Holdings (STU:MF3) has a Gross Margin % of 29.12% as of Apr. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Perma-Pipe International Holdings and its competitors. This is 26% above median its historical median of 23.12. Over the past decade, Perma-Pipe International Holdings' Gross Margin % has ranged from 11.16 to 33.62. According to the industry distribution chart, Perma-Pipe International Holdings ranks #496 out of 1718 companies in the Construction industry, placing it in the top 28.9%.
Is Perma-Pipe International Holdings' Gross Margin % too high?
Perma-Pipe International Holdings' current Gross Margin % of 29.12% is 26% above median its 10-year median of 23.12. Over the past 10 years, this metric has ranged from a low of 11.16 to a high of 33.62. The Construction industry median Gross Margin % is 20.79. Perma-Pipe International Holdings' value of 29.12% is 40.1% above this industry median. Based on the distribution chart, Perma-Pipe International Holdings ranks #496 out of 1718 companies in the Construction industry, which is above the industry midpoint. Overall, Perma-Pipe International Holdings has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Perma-Pipe International Holdings' Gross Margin % compare to JLHL and JELD?
According to the Construction industry distribution chart, Perma-Pipe International Holdings ranks #496 out of 1718 companies for Gross Margin %. This puts Perma-Pipe International Holdings in the upper half of its industry. The industry median Gross Margin % is 20.79. Perma-Pipe International Holdings' value of 29.12% is 40.1% above this benchmark. Historically, Perma-Pipe International Holdings' own Gross Margin % has ranged from 11.16 to 33.62 over the past decade. While the company's 10-year median is 23.12 vs. the industry median of 20.79, 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 Gross Margin % for a Construction company?
The median Gross Margin % among Construction companies is 20.79, based on 1,718 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Perma-Pipe International Holdings's current Gross Margin % of 29.12% is 40.1% 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Perma-Pipe International Holdings and its competitors. For the Construction industry, the median Gross Margin % is 20.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Perma-Pipe International Holdings's current Gross Margin % is 29.12%, which is 26% above median its own 10-year median of 23.12. 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 (STU:MF3) is currently considered Significantly Overvalued. The stock's GF Value™ is €15.72, compared to a current price of €22.80 — trading 45% above its estimated fair value. The current Gross Margin % is 29.12%, which is 26% above median its 10-year median of 23.12 and 40.1% above the Construction industry median of 20.79. Perma-Pipe International Holdings' overall GF Score™ is 77/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Perma-Pipe International Holdings (STU:MF3), the current Gross Margin % is 29.12% 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 (STU: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 45% above its estimated GF Value™ of €15.72. GuruFocus considers Perma-Pipe International Holdings to be Significantly Overvalued.

Key valuation signals for STU:MF3:

  • Gross Margin %: 29.12% (26% above median its 10-year median of 23.12)
  • GF Value™: €15.72 vs. price of €22.80 (45% above fair value)
  • GF Score™: 77/100 with 1 warning sign
  • Industry Position: 40.1% above the Construction median (#496 of 1718)

No single metric tells the full story. See the STU: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:USAMF3:Germany
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.
77GF Score

Get the complete analysis for STU:MF3

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€22.80
Price
€15.72
GF Value