Fuel Tech (FTEK) vs Perma-Pipe International (PPIH)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Perma-Pipe International (PPIH) has outperformed Fuel Tech (FTEK) over the past year, gaining 32.7% versus a loss of 45.8%. Over five years, PPIH leads with a +278.9% price change compared with -2.9% for FTEK. Perma-Pipe International is the larger company by market cap ($255.4 million vs $51.7 million), about 4.9 times the size.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | FTEK | PPIH |
|---|---|---|
| Share price | $1.66 | $31.17 |
| Market cap | $51.66M | $255.44M |
| 1-day change | -0.90% | -1.70% |
| YTD return | +7.05% | +4.45% |
| 1-year return | -45.78% | +32.68% |
| 5-year return | -2.91% | +278.85% |
| P/E ratio (TTM) | — | 16.41 |
| EPS (TTM) | $-0.11 | $1.90 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| 52-week high | $3.45 | $36.72 |
| 52-week low | $1.17 | $23.01 |
| Distance from 52-week high | -52.03% | -15.11% |
| Analyst consensus | none | none |
| Avg. price target upside | +141.69% | +21.91% |
| Average volume | 156.91K | 80.20K |
| Shares outstanding | 31.22M | 8.20M |
| Employees | 77 | 909 |
| Sector | Industrials | Industrials |
| Industry | Pollution & Treatment Controls | Pollution Control Equipment |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Perma-Pipe International is about 4.9 times larger than Fuel Tech by market value ($255.44M vs $51.66M).
- PPIH has outperformed FTEK by 78.5 percentage points over the past year.
About Fuel Tech
FTEK stock →Fuel Tech, Inc. engages in the development, commercialization, and application of technologies for air pollution control, process optimization, water treatment, and advanced engineering services to utility and industrial customers in the United States, rest of the Americas, Europe, South Africa, the Pacific Rim, and internationally.
Industrials · Pollution & Treatment Controls · 77 employees
About Perma-Pipe International
PPIH stock →Perma-Pipe International Holdings, Inc., together with its subsidiaries, designs, engineers, manufactures, and sells specialty piping and leak detection systems in the United States, Canada, the United Arab Emirates, Saudi Arabia, and internationally. The company offers insulated and jacketed district heating and cooling piping systems for energy distribution from central energy plants to other locations; and primary and secondary containment piping systems for transporting chemicals, hazardous fluids, and petroleum products.
Industrials · Pollution Control Equipment · 909 employees
FTEK vs PPIH FAQ
Which is bigger, Fuel Tech or Perma-Pipe International?
Perma-Pipe International (PPIH) is larger, with a market capitalization of $255.44M compared with $51.66M for Fuel Tech (FTEK).
Which stock has performed better over the past year, FTEK or PPIH?
PPIH returned +32.68% over the past 12 months, compared with -45.78% for FTEK (price return, excluding dividends). Past performance does not predict future results.
Are Fuel Tech and Perma-Pipe International in the same industry?
Both are in the Industrials sector, but in different industries: Pollution & Treatment Controls for Fuel Tech and Pollution Control Equipment for Perma-Pipe International.