WallStSmart

Carrier Global Corp (CARR)vsPerma-Pipe International Holdings Inc (PPIH)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Carrier Global Corp generates 10731% more annual revenue ($21.75B vs $200.78M). PPIH leads profitability with a 6.9% profit margin vs 6.8%. CARR appears more attractively valued with a PEG of 1.39. PPIH earns a higher WallStSmart Score of 67/100 (B-).

CARR

Hold

45

out of 100

Grade: D

Growth: 3.3Profit: 5.0Value: 7.3Quality: 6.0
Piotroski: 2/9Altman Z: 1.62

PPIH

Strong Buy

67

out of 100

Grade: B-

Growth: 8.0Profit: 7.0Value: 7.3Quality: 5.0
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

CARRSignificantly Overvalued (-483.8%)

Margin of Safety

-483.8%

Fair Value

$11.49

Current Price

$59.25

$47.76 premium

UndervaluedFair: $11.49Overvalued
PPIHUndervalued (+58.3%)

Margin of Safety

+58.3%

Fair Value

$80.03

Current Price

$31.17

$48.86 discount

UndervaluedFair: $80.03Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

CARR0 strengths · Avg: 0/10

No standout strengths identified

PPIH4 strengths · Avg: 9.3/10
Revenue GrowthGrowth
47.1%10/10

Revenue surging 47.1% year-over-year

EPS GrowthGrowth
148.4%10/10

Earnings expanding 148.4% YoY

Return on EquityProfitability
20.6%9/10

Every $100 of equity generates 21 in profit

Price/BookValuation
2.9x8/10

Reasonable price relative to book value

Areas to Watch

CARR4 concerns · Avg: 3.5/10
P/E RatioValuation
34.7x4/10

Premium valuation, high expectations priced in

Altman Z-ScoreHealth
1.624/10

Distress zone — elevated risk

Profit MarginProfitability
6.8%3/10

6.8% margin — thin

Operating MarginProfitability
1.9%3/10

Operating margin of 1.9%

PPIH3 concerns · Avg: 2.7/10
Market CapQuality
$261.03M3/10

Smaller company, higher risk/reward

Profit MarginProfitability
6.9%3/10

6.9% margin — thin

PEG RatioValuation
2.822/10

Expensive relative to growth rate

Comparative Analysis Report

WallStSmart Research

Bull Case : CARR

PEG of 1.39 suggests the stock is reasonably priced for its growth.

Bull Case : PPIH

The strongest argument for PPIH centers on Revenue Growth, EPS Growth, Return on Equity. Revenue growth of 47.1% demonstrates continued momentum.

Bear Case : CARR

The primary concerns for CARR are P/E Ratio, Altman Z-Score, Profit Margin.

Bear Case : PPIH

The primary concerns for PPIH are Market Cap, Profit Margin, PEG Ratio.

Key Dynamics to Monitor

CARR profiles as a value stock while PPIH is a hypergrowth play — different risk/reward profiles.

CARR carries more volatility with a beta of 1.29 — expect wider price swings.

PPIH is growing revenue faster at 47.1% — sustainability is the question.

CARR generates stronger free cash flow (882M), providing more financial flexibility.

Bottom Line

PPIH scores higher overall (67/100 vs 45/100) and 47.1% revenue growth. Both earn "Strong Buy" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Carrier Global Corp

INDUSTRIALS · BUILDING PRODUCTS & EQUIPMENT · USA

Carrier Global Corporation is an American multinational home appliances corporation based in Palm Beach Gardens, Florida.

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Perma-Pipe International Holdings Inc

INDUSTRIALS · BUILDING PRODUCTS & EQUIPMENT · USA

Perma-Pipe International Holdings, Inc. designs, manufactures, and sells leak detection systems and specialty piping. The company is headquartered in Niles, Illinois.

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