Buderim Group Ltd. manufactures and markets confectionery ginger and ginger based products to industrial, food service and retail customers. It operates its business through the following segments: Ginger, Macadamias and Tourism. The Ginger segment manufactures a variety of confectionery ginger and other ginger based products in Australia and Fiji, and markets to industrial, food service and retail customers throughout the world. The Macadamias segment engages in the production and processing of macadamia products and marketing to wholesale and retail customers throughout the world. The Tourism segment is engaged in the sale of ginger and other retail gift and food products, and the provision of leisure activities within the Australian tourism market. Buderim Group was founded in 1941 and is headquartered in Milton, Australia.
CMI Limited (CMI) has rejoined the A1 club. Competitor ARB Corp (ARP) is also rated A1 by Skaffold. Whilst ARB’s business model is focused on the manufacture and distribution of 4x4 accessories for recreational 4WD vehicles, CMI’s expands beyond 4WD accessories to include specialist cabling and electrical products for a range of industry sectors that includes light commercial and heavy transport vehicles. Unfortunately both companies are trading at prices higher than Skaffold’s intrinsic value estimate.