Perma-Pipe International Holdings (STU:MF3) ROE %: 7.90% (As of Apr. 2026) — Near 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 ROE %?

Perma-Pipe International Holdings STU:MF3 -3.39% 77 ROE % is 7.90% as of Apr. 2026, which is 8% below its 10-year median of 8.63. 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 1,737 Construction companies, Perma-Pipe International Holdings ranks better than 80.02% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Perma-Pipe International Holdings's annualized net income for the quarter that ended in Apr. 2026 was €6.2 Mil. Perma-Pipe International Holdings's average Total Stockholders Equity over the quarter that ended in Apr. 2026 was €78.0 Mil. Therefore, Perma-Pipe International Holdings's annualized ROE % for the quarter that ended in Apr. 2026 was 7.90%.

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

STU:MF3' s ROE % Range Over the Past 10 Years
Min: -19.42   Med: 8.63   Max: 20.93
Current: 16.27

During the past 13 years, Perma-Pipe International Holdings's highest ROE % was 20.93%. The lowest was -19.42%. And the median was 8.63%.

STU:MF3's ROE % is ranked better than
80.02% of 1737 companies
in the Construction industry
Industry Median: 6.72 vs STU:MF3: 16.27

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

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Apr. 2026 )
=Net Income/Total Stockholders Equity
=6.16/77.9995
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(6.16 / 171.908)*(171.908 / 187.276)*(187.276 / 77.9995)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.58 %*0.9179*2.401
=ROA %*Equity Multiplier
=3.29 %*2.401
=7.90 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Apr. 2026 )
=Net Income/Total Stockholders Equity
=6.16/77.9995
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (6.16 / 13.412) * (13.412 / 15.86) * (15.86 / 171.908) * (171.908 / 187.276) * (187.276 / 77.9995)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.4593 * 0.8456 * 9.23 % * 0.9179 * 2.401
=7.90 %

Note: The net income data used here is four times the quarterly (Apr. 2026) net income data. The Revenue data used here is four times the quarterly (Apr. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.


Perma-Pipe International Holdings ROE % Related Terms


Perma-Pipe International Holdings ROE % Historical Data

* Premium members only.

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

Perma-Pipe International Holdings Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.09 10.84 16.87 13.35 19.75

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
ROE % 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 25.37 4.22 30.48 22.20 7.90

STU:MF3 vs JLHL, JELD, AIRJ: ROE % Comparison

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

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

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


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

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

ROE %=Net Income (A: Jan. 2026 )/( (Total Stockholders Equity (A: Jan. 2025 )+Total Stockholders Equity (A: Jan. 2026 ))/ count )
=14.497/( (69.685+77.133)/ 2 )
=14.497/73.409
=19.75 %

Perma-Pipe International Holdings's annualized ROE % for the quarter that ended in Apr. 2026 is calculated as

ROE %=Net Income (Q: Apr. 2026 )/( (Total Stockholders Equity (Q: Jan. 2026 )+Total Stockholders Equity (Q: Apr. 2026 ))/ count )
=6.16/( (77.133+78.866)/ 2 )
=6.16/77.9995
=7.90 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder 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. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 7.90% mean?
Perma-Pipe International Holdings (STU:MF3) has a ROE % of 7.90% as of Apr. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Perma-Pipe International Holdings and its competitors. This is near median its historical median of 8.63. According to the industry distribution chart, Perma-Pipe International Holdings ranks #347 out of 1737 companies in the Construction industry, placing it in the top 20%.
Is Perma-Pipe International Holdings' ROE % too high?
Perma-Pipe International Holdings' current ROE % of 7.90% is near median its 10-year median of 8.63. The Construction industry median ROE % is 6.72. Perma-Pipe International Holdings' value of 7.90% is 17.6% above this industry median. Based on the distribution chart, Perma-Pipe International Holdings ranks #347 out of 1737 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. 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' ROE % compare to JLHL and JELD?
According to the Construction industry distribution chart, Perma-Pipe International Holdings ranks #347 out of 1737 companies for ROE %. This places Perma-Pipe International Holdings in the top 20% of its industry — outperforming the majority of peers. The industry median ROE % is 6.72. Perma-Pipe International Holdings' value of 7.90% is 17.6% above this benchmark. While the company's 10-year median is 8.63 vs. the industry median of 6.72, 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 ROE % for a Construction company?
The median ROE % among Construction companies is 6.72, based on 1,737 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Perma-Pipe International Holdings's current ROE % of 7.90% is 17.6% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Perma-Pipe International Holdings and its competitors. For the Construction industry, the median ROE % is 6.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Perma-Pipe International Holdings's current ROE % is 7.90%, which is near median its own 10-year median of 8.63. 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 ROE % is 7.90%, which is near median its 10-year median of 8.63 and 17.6% above the Construction industry median of 6.72. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Perma-Pipe International Holdings (STU:MF3), the current ROE % is 7.90% 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:

  • ROE %: 7.90% (near median its 10-year median of 8.63)
  • GF Value™: €15.72 vs. price of €22.80 (45% above fair value)
  • GF Score™: 77/100 with 1 warning sign
  • Industry Position: 17.6% above the Construction median (#347 of 1737)

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

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

€22.80
Price
€15.72
GF Value