TISI vs. PPIH
TISI (Team, Inc.) and PPIH (Perma-Pipe International Holdings, Inc.) are both stocks. Both are in the Industrials sector — TISI in Specialty Business Services, PPIH in Building Products & Equipment. Over the past 10 years, TISI returned -23.64%/yr vs 13.76%/yr for PPIH. At a 0.05 correlation, their price movements are largely independent.
Performance
TISI vs. PPIH - Performance Comparison
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Returns By Period
In the year-to-date period, TISI achieves a 20.31% return, which is significantly higher than PPIH's -10.77% return. Over the past 10 years, TISI has underperformed PPIH with an annualized return of -23.64%, while PPIH has yielded a comparatively higher 13.76% annualized return.
TISI
- 1D
- 1.13%
- 1M
- 2.35%
- YTD
- 20.31%
- 6M
- 28.30%
- 1Y
- -13.84%
- 3Y*
- 37.92%
- 5Y*
- -25.61%
- 10Y*
- -23.64%
PPIH
- 1D
- -3.42%
- 1M
- -13.28%
- YTD
- -10.77%
- 6M
- -15.48%
- 1Y
- 15.23%
- 3Y*
- 38.76%
- 5Y*
- 31.12%
- 10Y*
- 13.76%
TISI vs. PPIH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TISI Team, Inc. | 20.31% | 11.44% | 92.12% | 25.71% | -51.83% | -90.00% | -31.75% | 9.01% | -1.68% | -62.04% |
PPIH Perma-Pipe International Holdings, Inc. | -10.77% | 103.08% | 88.36% | -16.01% | 8.87% | 42.53% | -35.07% | 7.20% | -2.78% | 11.11% |
Correlation
The correlation between TISI and PPIH is -0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.03 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.04 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016 | 0.05 |
Fundamentals
TISI:
$77.50M
PPIH:
$223.28M
TISI:
-$7.47
PPIH:
$1.70
TISI:
0.08
PPIH:
1.03
TISI:
$912.88M
PPIH:
$214.44M
TISI:
$213.01M
PPIH:
$67.40M
TISI:
$27.12M
PPIH:
$30.14M
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Return for Risk
TISI vs. PPIH — Risk / Return Rank
TISI
PPIH
TISI vs. PPIH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Team, Inc. (TISI) and Perma-Pipe International Holdings, Inc. (PPIH). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| TISI | PPIH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.50 | ||
| Sortino ratioReturn per unit of downside risk | -0.84 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.10 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | -0.39 | 0.49 | -0.88 |
| Martin ratioReturn relative to average drawdown | -0.70 | 1.10 | -1.81 |
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Drawdowns
TISI vs. PPIH - Drawdown Comparison
The maximum TISI drawdown since its inception was -99.17%, which is greater than PPIH's maximum drawdown of -58.53%. Use the drawdown chart below to compare losses from any high point for TISI and PPIH.
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Drawdown Indicators
| TISI | PPIH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.17% | -58.53% | -40.64% |
Max Drawdown (1Y)Largest decline over 1 year | -35.52% | -31.45% | -4.07% |
Max Drawdown (3Y)Largest decline over 3 years | -51.06% | -45.77% | -5.29% |
Max Drawdown (5Y)Largest decline over 5 years | -94.80% | -58.53% | -36.27% |
Max Drawdown (10Y)Largest decline over 10 years | -98.99% | -58.53% | -40.46% |
Current DrawdownCurrent decline from peak | -96.43% | -23.24% | -73.19% |
Average DrawdownAverage peak-to-trough decline | -49.75% | -20.56% | -29.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.35% | 13.82% | +6.53% |
Volatility
TISI vs. PPIH - Volatility Comparison
The current volatility for Team, Inc. (TISI) is 14.32%, while Perma-Pipe International Holdings, Inc. (PPIH) has a volatility of 26.93%. This indicates that TISI experiences smaller price fluctuations and is considered to be less risky than PPIH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TISI | PPIH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.32% | 26.93% | -12.61% |
Volatility (6M)Calculated over the trailing 6-month period | 35.46% | 40.80% | -5.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 52.72% | 65.88% | -13.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 99.11% | 58.20% | +40.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 83.22% | 47.39% | +35.83% |
Dividends
TISI vs. PPIH - Dividend Comparison
Neither TISI nor PPIH has paid dividends to shareholders.
Financials
TISI vs. PPIH - Financials Comparison
This section allows you to compare key financial metrics between Team, Inc. and Perma-Pipe International Holdings, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
TISI vs. PPIH - Profitability Comparison
TISI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Team, Inc. reported a gross profit of 50.16M and revenue of 215.06M. Therefore, the gross margin over that period was 23.3%.
PPIH - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Perma-Pipe International Holdings, Inc. reported a gross profit of 14.64M and revenue of 50.27M. Therefore, the gross margin over that period was 29.1%.
TISI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Team, Inc. reported an operating income of -111.76M and revenue of 215.06M, resulting in an operating margin of -52.0%.
PPIH - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Perma-Pipe International Holdings, Inc. reported an operating income of 4.64M and revenue of 50.27M, resulting in an operating margin of 9.2%.
TISI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Team, Inc. reported a net income of -14.21M and revenue of 215.06M, resulting in a net margin of -6.6%.
PPIH - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Perma-Pipe International Holdings, Inc. reported a net income of 1.80M and revenue of 50.27M, resulting in a net margin of 3.6%.
Frequently Asked Questions
TISI and PPIH have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PPIH has higher volatility (26.93%) compared to TISI (14.32%). In terms of maximum drawdown, TISI dropped -99.17% vs PPIH's -58.53%.
PPIH currently has the higher Sharpe Ratio (0.24 vs -0.26), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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