Perma-Pipe International Holdings (STU:MF3) Interest Coverage: 7.67 (As of Apr. 2026) — 39% 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 Interest Coverage?

Perma-Pipe International Holdings STU:MF3 -3.39% 77 Interest Coverage is 7.67 as of Apr. 2026, which is 39% above its 10-year median of 5.50. 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 1,349 Construction companies, Perma-Pipe International Holdings ranks better than 58.64% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Perma-Pipe International Holdings's Operating Income for the three months ended in Apr. 2026 was €4.0 Mil. Perma-Pipe International Holdings's Interest Expense for the three months ended in Apr. 2026 was €-0.5 Mil. Perma-Pipe International Holdings's interest coverage for the quarter that ended in Apr. 2026 was 7.67. The higher the ratio, the stronger the company's financial strength is.

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

STU:MF3' s Interest Coverage Range Over the Past 10 Years
Min: 2.12   Med: 5.5   Max: 13.89
Current: 11.3


STU:MF3's Interest Coverage is ranked better than
58.64% of 1349 companies
in the Construction industry
Industry Median: 7.92 vs STU:MF3: 11.30

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Perma-Pipe International Holdings  (STU:MF3) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Perma-Pipe International Holdings Interest Coverage Related Terms


Perma-Pipe International Holdings Interest Coverage Historical Data

* Premium members only.

The historical data trend for Perma-Pipe International Holdings's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Perma-Pipe International Holdings Interest Coverage Chart

Perma-Pipe International Holdings Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.83 4.97 5.50 9.13 13.89

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
Interest Coverage 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 19.45 7.67 22.94 8.68 7.67

STU:MF3 vs JLHL, JELD, AIRJ: Interest Coverage Comparison

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

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

* The bar in red indicates where Perma-Pipe International Holdings's Interest Coverage falls into.


STU:MF3
77GF Score
Perma-Pipe International Holdings Inc STU:MF3
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Perma-Pipe International Holdings Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

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

Here, for the fiscal year that ended in Jan. 2026, Perma-Pipe International Holdings's Interest Expense was €-1.8 Mil. Its Operating Income was €25.1 Mil. And its Long-Term Debt & Capital Lease Obligation was €21.1 Mil.

Interest Coverage=-1* Operating Income (A: Jan. 2026 )/Interest Expense (A: Jan. 2026 )
=-1*25.061/-1.804
=13.89

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

Here, for the three months ended in Apr. 2026, Perma-Pipe International Holdings's Interest Expense was €-0.5 Mil. Its Operating Income was €4.0 Mil. And its Long-Term Debt & Capital Lease Obligation was €36.6 Mil.

Interest Coverage=-1* Operating Income (Q: Apr. 2026 )/Interest Expense (Q: Apr. 2026 )
=-1*3.965/-0.517
=7.67

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 7.67 mean?
Perma-Pipe International Holdings (STU:MF3) has a Interest Coverage of 7.67 as of Apr. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Perma-Pipe International Holdings and its competitors. This is 39% above median its historical median of 5.50. Over the past decade, Perma-Pipe International Holdings' Interest Coverage has ranged from 2.12 to 13.89. According to the industry distribution chart, Perma-Pipe International Holdings ranks #558 out of 1349 companies in the Construction industry, placing it in the top 41.4%.
Is Perma-Pipe International Holdings' Interest Coverage too high?
Perma-Pipe International Holdings' current Interest Coverage of 7.67 is 39% above median its 10-year median of 5.50. Over the past 10 years, this metric has ranged from a low of 2.12 to a high of 13.89. The Construction industry median Interest Coverage is 7.92. Perma-Pipe International Holdings' value of 7.67 is 3.2% below this industry median. Based on the distribution chart, Perma-Pipe International Holdings ranks #558 out of 1349 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' Interest Coverage compare to JLHL and JELD?
According to the Construction industry distribution chart, Perma-Pipe International Holdings ranks #558 out of 1349 companies for Interest Coverage. This puts Perma-Pipe International Holdings in the upper half of its industry. The industry median Interest Coverage is 7.92. Perma-Pipe International Holdings' value of 7.67 is 3.2% below this benchmark. Historically, Perma-Pipe International Holdings' own Interest Coverage has ranged from 2.12 to 13.89 over the past decade. While the company's 10-year median is 5.50 vs. the industry median of 7.92, Perma-Pipe International Holdings has consistently been below 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 Interest Coverage for a Construction company?
The median Interest Coverage among Construction companies is 7.92, based on 1,349 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Perma-Pipe International Holdings's current Interest Coverage of 7.67 is 3.2% below 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Perma-Pipe International Holdings and its competitors. For the Construction industry, the median Interest Coverage is 7.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Perma-Pipe International Holdings's current Interest Coverage is 7.67, which is 39% above median its own 10-year median of 5.50. 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 (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 Interest Coverage is 7.67, which is 39% above median its 10-year median of 5.50 and 3.2% below the Construction industry median of 7.92. 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 Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Perma-Pipe International Holdings (STU:MF3), the current Interest Coverage is 7.67 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:

  • Interest Coverage: 7.67 (39% above median its 10-year median of 5.50)
  • GF Value™: €15.72 vs. price of €22.80 (45% above fair value)
  • GF Score™: 77/100 with 1 warning sign
  • Industry Position: 3.2% below the Construction median (#558 of 1349)

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

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

€22.80
Price
€15.72
GF Value