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Perma-Pipe International HoldingsSTU:MF3 -0.90%80 Return-on-Tangible-Asset is 3.32% as of Apr. 2026, which is 20% below its 10-year median of 4.17. GuruFocus rates STU:MF3 with a GF Score™ of 80/100 and a GF Value™ of €15.79 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,783 Construction companies, Perma-Pipe International Holdings ranks better than 73.64% on this metric.
The historical rank and industry rank for Perma-Pipe International Holdings's Return-on-Tangible-Asset or its related term are showing as below:
STU:MF3'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -10.51 Med: 4.17 Max: 9
Current: 6.86
During the past 13 years, Perma-Pipe International Holdings's highest Return-on-Tangible-Asset was 9.00%. The lowest was -10.51%. And the median was 4.17%.
STU:MF3's Return-on-Tangible-Asset is ranked better than 73.64% of 1783
companies
in the Construction industry
Industry Median: 3.05
vs STU:MF3: 6.86
Perma-Pipe International Holdings (STU:MF3) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Perma-Pipe International Holdings Return-on-Tangible-Asset Related Terms
Perma-Pipe International Holdings Return-on-Tangible-Asset 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 Return-on-Tangible-Asset Chart
STU:MF3 vs JLHL, JELD, AIRJ: Return-on-Tangible-Asset Comparison
For the Building Products & Equipment subindustry, Perma-Pipe International Holdings's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Return-on-Tangible-Asset vs Construction Industry
For the Construction industry and Industrials sector, Perma-Pipe International Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Perma-Pipe International Holdings's Return-on-Tangible-Asset 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 Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Apr. 2026) net income data.
What does a Return-on-Tangible-Asset of 3.32% mean?
Perma-Pipe International Holdings (STU:MF3) has a Return-on-Tangible-Asset of 3.32% as of Apr. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Perma-Pipe International Holdings and its competitors. This is 20% below median its historical median of 4.17. According to the industry distribution chart, Perma-Pipe International Holdings ranks #470 out of 1783 companies in the Construction industry, placing it in the top 26.4%.
Is Perma-Pipe International Holdings' Return-on-Tangible-Asset too high?
Perma-Pipe International Holdings' current Return-on-Tangible-Asset of 3.32% is 20% below median its 10-year median of 4.17. The Construction industry median Return-on-Tangible-Asset is 3.05. Perma-Pipe International Holdings' value of 3.32% is 8.9% above this industry median. Based on the distribution chart, Perma-Pipe International Holdings ranks #470 out of 1783 companies in the Construction industry, which is above 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' Return-on-Tangible-Asset compare to JLHL and JELD?
According to the Construction industry distribution chart, Perma-Pipe International Holdings ranks #470 out of 1783 companies for Return-on-Tangible-Asset. This puts Perma-Pipe International Holdings in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.05. Perma-Pipe International Holdings' value of 3.32% is 8.9% above this benchmark. While the company's 10-year median is 4.17 vs. the industry median of 3.05, 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 Return-on-Tangible-Asset for a Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.05, based on 1,783 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Perma-Pipe International Holdings's current Return-on-Tangible-Asset of 3.32% is 8.9% 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Perma-Pipe International Holdings and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Perma-Pipe International Holdings's current Return-on-Tangible-Asset is 3.32%, which is 20% below median its own 10-year median of 4.17. 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 €15.79, compared to a current price of €22.00 — trading 39.3% above its estimated fair value. The current Return-on-Tangible-Asset is 3.32%, which is 20% below median its 10-year median of 4.17 and 8.9% above the Construction industry median of 3.05. Perma-Pipe International Holdings' overall GF Score™ is 80/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Perma-Pipe International Holdings (STU:MF3), the current Return-on-Tangible-Asset is 3.32% 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 €22.00 is trading 39.3% above its estimated GF Value™ of €15.79.
GuruFocus considers Perma-Pipe International Holdings to be Significantly Overvalued.
Key valuation signals for STU:MF3:
Return-on-Tangible-Asset: 3.32% (20% below median its 10-year median of 4.17)
GF Value™: €15.79 vs. price of €22.00 (39.3% above fair value)
Industry Position: 8.9% above the Construction median (#470 of 1783)
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
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
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