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 -24.61%/yr vs 12.29%/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 16.14% return, which is significantly higher than PPIH's -18.64% return. Over the past 10 years, TISI has underperformed PPIH with an annualized return of -24.61%, while PPIH has yielded a comparatively higher 12.29% annualized return.
TISI
- 1D
- -1.14%
- 1M
- -1.50%
- 6M
- 15.48%
- YTD
- 16.14%
- 1Y
- -8.68%
- 3Y*
- 24.03%
- 5Y*
- -22.34%
- 10Y*
- -24.61%
PPIH
- 1D
- -1.52%
- 1M
- -2.60%
- 6M
- -23.15%
- YTD
- -18.64%
- 1Y
- 3.80%
- 3Y*
- 42.09%
- 5Y*
- 29.43%
- 10Y*
- 12.29%
TISI vs. PPIH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TISI Team, Inc. | 16.14% | 11.44% | 92.12% | 25.71% | -51.83% | -90.00% | -31.75% | 9.01% | -1.68% | -62.04% |
PPIH Perma-Pipe International Holdings, Inc. | -18.64% | 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 | 0.04 |
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:
$75.02M
PPIH:
$200.71M
TISI:
-$7.46
PPIH:
$1.70
TISI:
0.08
PPIH:
0.94
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 | -0.23 | ||
| Sortino ratioReturn per unit of downside risk | -0.42 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.07 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | -0.25 | 0.12 | -0.37 |
| Martin ratioReturn relative to average drawdown | -0.44 | 0.25 | -0.69 |
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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 | -93.96% | -58.53% | -35.43% |
Max Drawdown (10Y)Largest decline over 10 years | -98.99% | -58.53% | -40.46% |
Current DrawdownCurrent decline from peak | -96.55% | -30.01% | -66.54% |
Average DrawdownAverage peak-to-trough decline | -49.82% | -20.58% | -29.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.85% | 15.04% | +4.81% |
Volatility
TISI vs. PPIH - Volatility Comparison
The current volatility for Team, Inc. (TISI) is 6.69%, while Perma-Pipe International Holdings, Inc. (PPIH) has a volatility of 14.57%. 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 | 6.69% | 14.57% | -7.88% |
Volatility (6M)Calculated over the trailing 6-month period | 33.57% | 40.53% | -6.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 52.46% | 63.49% | -11.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 98.87% | 57.99% | +40.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 83.19% | 47.40% | +35.79% |
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 Jul 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 Jul 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 Jul 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 Jul 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 Jul 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 Jul 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 (14.57%) compared to TISI (6.69%). In terms of maximum drawdown, TISI dropped -99.17% vs PPIH's -58.53%.
PPIH currently has the higher Sharpe Ratio (0.06 vs -0.17), 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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