EVZ Ltd. operates in the engineering and energy services sectors. It operates through the following segments: Engineering, Power and Water. The Engineering segment designs, manufactures, and installs large steel tanks, silos, cooling towers, pipe spooling, pressure vessels, and fabricates structural steel. The Power segment designs and installs constant load power stations, back-up power generation equipment, and sustainable energy solutions. The Water segment designs syfonic roof drainage systems for large and or complex roof structures, supplies and installs fibreglass panel tanks, and prefabricated hydraulic systems. The company was founded in 1984 and is headquartered at Huntingdale, 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.