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DCF Valuation
Base-case fair value
$4.12
Intrinsic $5.49 · 25% MOS
Current price: $27.31
Base-case summary
Our base-case DCF for Perma-Pipe International Holdings, Inc. (PPIH) projects 10 years of free cash flow growth at 2.0% for years 1–5 and 1.0% for years 6–10, anchored to 1.4% historical FCF growth, then applies a 2.5% perpetual growth rate and a 8.0% discount rate. Starting from $4M in trailing free cash flow, this produces an intrinsic value of $5.49 per share. A 25% safety margin gives a fair value of $4.12, suggesting the stock is currently 85% overvalued against the $27.31 market price.
See 3 scenarios side by side
Conservative, Base, and Optimistic fair values, plus the sensitivity matrix and FCF history. Free account.
Model inputs
TTM Free Cash Flow
$4M
Cash & equivalents
$28M
Total debt
$49M
Shares outstanding
8M