NHICU vs PPIH

Comparison between NewHold Investment Corp III - Units (1 Ord Cls A & 1/2 War) (NHICU, Company) and Perma-Pipe International Holdings Inc (PPIH, Company).

NHICU vs PPIH - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NHICU(COMPANY)	PPIH(COMPANY)
Market Cap	$210M	$210M
Max Drawdown	18.74%	58.53%
Sharpe Ratio	0.42	0.30
5Y Beta	0.01	1.63
Industry	N/A	Building Products & Equipment
P/E Ratio	535.85	15.06
Forward P/E	N/A	27.62
PEG Ratio	N/A	1.22
Debt to Equity	0.00%	32.06%
Free Cash Flow Yield	-0.99%	1.80%
P/S Ratio	N/A	0.98
P/B Ratio	-37.17	2.12

Market Cap

NHICU

$210M

Winner

PPIH

$210M

Max Drawdown

Winner

NHICU

18.74%

PPIH

58.53%

Sharpe Ratio

Winner

NHICU

0.42

PPIH

0.30

5Y Beta

Winner

NHICU

0.01

PPIH

1.63

Industry

NHICU

N/A

PPIH

Building Products & Equipment

P/E Ratio

NHICU

535.85

Winner

PPIH

15.06

Forward P/E

NHICU

N/A

PPIH

27.62

PEG Ratio

NHICU

N/A

PPIH

1.22

Debt to Equity

Winner

NHICU

0.00%

PPIH

32.06%

Free Cash Flow Yield

NHICU

-0.99%

Winner

PPIH

1.80%

P/S Ratio

NHICU

N/A

PPIH

0.98

P/B Ratio

Winner

NHICU

-37.17

PPIH

2.12

NHICU vs PPIH - Historical Returns

Returns include dividend reinvestment.

Period	NHICU	PPIH
1 month	-7.36%	+1.64%
3 months	+6.34%	-22.42%
6 months	+7.72%	-17.39%
1 year	+11.99%	+2.52%
5 years(CAGR)	N/A	+30.08%
10 years(CAGR)	N/A	+12.86%
Max(CAGR)	+10.61%	+13.97%

NHICU

-7.36%

Winner

PPIH

+1.64%

Winner

NHICU

+6.34%

PPIH

-22.42%

Winner

NHICU

+7.72%

PPIH

-17.39%

Winner

NHICU

+11.99%

PPIH

+2.52%

5Y(CAGR)

NHICU

N/A

PPIH

+30.08%

10Y(CAGR)

NHICU

N/A

PPIH

+12.86%

Max(CAGR)

NHICU

+10.61%

Winner

PPIH

+13.97%

NHICU vs PPIH - Annual Returns (2016 - 2026)

Returns include dividend reinvestment.

Year	NHICU	PPIH
2026	+10.81%	-14.98%
2025	+4.29%	+109.52%
2024	N/A	+84.11%
2023	N/A	-14.51%
2022	N/A	+9.50%
2021	N/A	+41.14%
2020	N/A	-33.95%
2019	N/A	+6.71%
2018	N/A	-1.69%
2017	N/A	+11.80%
2016	N/A	+24.42%

NHICU vs PPIH Drawdown Comparison

The maximum drawdown for NHICU was -18.74%, occurring on Jul 14, 2026. This drawdown has not yet recovered.

The maximum drawdown for PPIH was -58.53%, occurring on Nov 13, 2023. Recovery took 626 trading sessions.

The current NHICU drawdown is -18.74%. The current PPIH drawdown is -26.35%.

Rank	NHICU	PPIH
#1	-18.74% Jun 8, 2026 - Jul 14, 2026	-58.53% May 25, 2022 - Nov 20, 2024
#2	-7.25% Jun 1, 2026 - Jun 8, 2026	-48.00% Jun 13, 2018 - Apr 20, 2022
#3	-4.91% Aug 19, 2025 - Apr 28, 2026	-45.77% Dec 11, 2024 - Jun 13, 2025
#4	-2.76% Jun 16, 2025 - Aug 19, 2025	-34.17% Apr 14, 2026 - Jul 29, 2026
#5	-0.50% Mar 27, 2025 - Apr 22, 2025	-31.45% Sep 10, 2025 - Dec 26, 2025
#6	-0.40% Apr 22, 2025 - Apr 29, 2025	-21.41% Jan 27, 2017 - Nov 29, 2017
#7	-0.22% Apr 29, 2025 - May 6, 2025	-17.17% Feb 24, 2026 - Apr 13, 2026
#8	-0.20% Mar 14, 2025 - Mar 27, 2025	-15.97% Jul 22, 2025 - Aug 5, 2025
#9	-0.19% Jun 11, 2025 - Jun 13, 2025	-14.81% May 6, 2022 - May 25, 2022
#10	-0.10% May 6, 2025 - May 21, 2025	-13.81% Jan 6, 2016 - Feb 1, 2016
#11	-0.10% Mar 5, 2025 - Mar 10, 2025	-13.44% Mar 17, 2016 - May 25, 2016
#12	-0.09% Mar 12, 2025 - Mar 14, 2025	-12.43% Dec 26, 2025 - Feb 11, 2026
#13	-0.05% Jun 4, 2025 - Jun 6, 2025	-10.25% May 31, 2016 - Aug 8, 2016
#14	N/A	-9.77% Jan 23, 2018 - May 10, 2018
#15	N/A	-8.38% Dec 7, 2016 - Jan 9, 2017