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Perma-Pipe International HoldingsSTU:MF3 -0.92%79 Return-on-Tangible-Equity is 8.09% as of Apr. 2026, which is 10% below its 10-year median of 9.00. GuruFocus rates STU:MF3 with a GF Score™ of 79/100 and a GF Value™ of €15.19 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,709 Construction companies, Perma-Pipe International Holdings ranks better than 72.5% on this metric.
The historical rank and industry rank for Perma-Pipe International Holdings's Return-on-Tangible-Equity or its related term are showing as below:
STU:MF3'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -19.77 Med: 9 Max: 21.49
Current: 16.69
During the past 13 years, Perma-Pipe International Holdings's highest Return-on-Tangible-Equity was 21.49%. The lowest was -19.77%. And the median was 9.00%.
STU:MF3's Return-on-Tangible-Equity is ranked better than 72.5% of 1709
companies
in the Construction industry
Industry Median: 8.21
vs STU:MF3: 16.69
Perma-Pipe International Holdings (STU:MF3) 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
Perma-Pipe International Holdings Return-on-Tangible-Equity 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-Equity Chart
STU:MF3 vs JLHL, JELD, AIRJ: Return-on-Tangible-Equity Comparison
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 Return-on-Tangible-Equity vs 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.
* 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 (Apr. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 8.09% mean?
Perma-Pipe International Holdings (STU:MF3) has a Return-on-Tangible-Equity of 8.09% as of Apr. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Perma-Pipe International Holdings and its competitors. This is 10% below median its historical median of 9.00. According to the industry distribution chart, Perma-Pipe International Holdings ranks #470 out of 1709 companies in the Construction industry, placing it in the top 27.5%.
Is Perma-Pipe International Holdings' Return-on-Tangible-Equity too high?
Perma-Pipe International Holdings' current Return-on-Tangible-Equity of 8.09% is 10% below median its 10-year median of 9.00. The Construction industry median Return-on-Tangible-Equity is 8.21. Perma-Pipe International Holdings' value of 8.09% is 1.5% below this industry median. Based on the distribution chart, Perma-Pipe International Holdings ranks #470 out of 1709 companies in the Construction industry, which is above the industry midpoint. Overall, Perma-Pipe International Holdings has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Perma-Pipe International Holdings' Return-on-Tangible-Equity compare to JLHL and JELD?
According to the Construction industry distribution chart, Perma-Pipe International Holdings ranks #470 out of 1709 companies for Return-on-Tangible-Equity. This puts Perma-Pipe International Holdings in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.21. Perma-Pipe International Holdings' value of 8.09% is 1.5% below this benchmark. While the company's 10-year median is 9.00 vs. the industry median of 8.21, 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 Return-on-Tangible-Equity for a Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.21, based on 1,709 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity 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-Equity of 8.09% is 1.5% 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Perma-Pipe International Holdings and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.21 — 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-Equity is 8.09%, which is 10% below median its own 10-year median of 9.00. 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 €15.19, compared to a current price of €21.60 — trading 42.2% above its estimated fair value. The current Return-on-Tangible-Equity is 8.09%, which is 10% below median its 10-year median of 9.00 and 1.5% below the Construction industry median of 8.21. Perma-Pipe International Holdings' overall GF Score™ is 79/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Perma-Pipe International Holdings (STU:MF3), the current Return-on-Tangible-Equity is 8.09% 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 €21.60 is trading 42.2% above its estimated GF Value™ of €15.19.
GuruFocus considers Perma-Pipe International Holdings to be Significantly Overvalued.
Key valuation signals for STU:MF3:
Return-on-Tangible-Equity: 8.09% (10% below median its 10-year median of 9.00)
GF Value™: €15.19 vs. price of €21.60 (42.2% above fair value)
Industry Position: 1.5% below the Construction median (#470 of 1709)
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.
79GF Score
Get the complete analysis for STU:MF3
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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