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PPIH (Perma-Pipe International Holdings) Return-on-Tangible-Equity : 10.12% (As of Jan. 2025)


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What is Perma-Pipe International Holdings Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Perma-Pipe International Holdings's annualized net income for the quarter that ended in Jan. 2025 was $7.0 Mil. Perma-Pipe International Holdings's average shareholder tangible equity for the quarter that ended in Jan. 2025 was $69.6 Mil. Therefore, Perma-Pipe International Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2025 was 10.12%.

The historical rank and industry rank for Perma-Pipe International Holdings's Return-on-Tangible-Equity or its related term are showing as below:

PPIH' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -19.77   Med: 2.93   Max: 17.59
Current: 13.51

During the past 13 years, Perma-Pipe International Holdings's highest Return-on-Tangible-Equity was 17.59%. The lowest was -19.77%. And the median was 2.93%.

PPIH's Return-on-Tangible-Equity is ranked better than
66.49% of 1677 companies
in the Construction industry
Industry Median: 7.95 vs PPIH: 13.51

Perma-Pipe International Holdings Return-on-Tangible-Equity Historical Data

The historical data trend for Perma-Pipe International Holdings's Return-on-Tangible-Equity 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.

* Premium members only.

Perma-Pipe International Holdings Return-on-Tangible-Equity Chart

Perma-Pipe International Holdings Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -15.23 12.23 11.04 17.59 13.45

Perma-Pipe International Holdings Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
Return-on-Tangible-Equity 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 58.40 9.10 20.27 14.71 10.12

Competitive Comparison of Perma-Pipe International Holdings's Return-on-Tangible-Equity

For the Building Products & Equipment subindustry, Perma-Pipe International Holdings's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-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's Return-on-Tangible-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Perma-Pipe International Holdings's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Perma-Pipe International Holdings's Return-on-Tangible-Equity falls into.


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Perma-Pipe International Holdings Return-on-Tangible-Equity Calculation

Perma-Pipe International Holdings's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jan. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jan. 2025 )  (A: Jan. 2024 )(A: Jan. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jan. 2025 )  (A: Jan. 2024 )(A: Jan. 2025 )
=8.983/( (63.49+70.081 )/ 2 )
=8.983/66.7855
=13.45 %

Perma-Pipe International Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jan. 2025 )  (Q: Oct. 2024 )(Q: Jan. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jan. 2025 )  (Q: Oct. 2024 )(Q: Jan. 2025 )
=7.04/( (69.07+70.081)/ 2 )
=7.04/69.5755
=10.12 %

* 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.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Jan. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Perma-Pipe International Holdings  (NAS:PPIH) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Perma-Pipe International Holdings Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Perma-Pipe International Holdings's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Perma-Pipe International Holdings Business Description

Traded in Other Exchanges
Address
24900 Pitkin Road, Suite 309, Spring, TX, USA, 77386
Perma-Pipe International Holdings Inc is engaged in the manufacture and sale of products in the reportable segment of Piping Systems. The company engineers, designs, manufactures and sells specialty piping systems and leak detection systems. Specialty piping systems 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, and the coating and insulation of oil and gas gathering and transmission pipelines. It operates in the United States, Canada, Middle East, Europe, India and other countries.
Executives
Jerome T. Walker director 10205 WESTHEIMER, SUITE 1000, HOUSTON TX 77042
David B Brown director 9870 PLANO ROAD, DALLAS TX 75238
Cynthia Boiter director 6410 W. HOWARD STREET, NILES IL 60714
Robert Joseph Mcnally director 625 LIBERTY AVENUE, SUITE 1700, C/O EQT CORPORATION, PITTSBURGH PA 15222
Matthew Earl Lewicki officer: Chief Accounting Officer 20719 KINGS CROWN CT, HUMBLE TX 77346
David S Barrie director 2409 BOXWOOD LANE, FERNANDINA BEACH FL 32034
Grant Dewbre officer: Chief Operating Officer 6410 WEST HOWARD STREET, NILES IL 60714
D Bryan Norwood officer: Vice President, CFO 6410 W HOWARD STREET, NILES IL 60714
Mark A Zorko director 9265 FAWN LAKE DR, RALEIGH NC 27617
Karl J Schmidt officer: CFO and VP 6410 W. HOWARD STREET, NILES IL 60714-3491
Wayne Bosch officer: VP of HR 41 PORTSHIRE DRIVE, LINCOLNSHIRE IL 60069
David J Mansfield officer: President and CEO 119 WIND RIDGE CIRCLE, THE WOODLANDS TX 77381
Gerald P Oconnor officer: Interim CFO,Principal Accntng P O BOX 3014, NAPERVILLE IL 60566-7014
Michael J Gade director 5501 HEADQUARTERS DRIVE, PLANO TX 75024
John Mark Foster officer: Subsidiary President 7720 N. LEHIGH AVENUE, NILES IL 60714