Alstom SA engages in the provision of power generation, power transmission and rail infrastructure. Its products include bogies, traction systems, electrification, track laying, and urban integrated solution. It also offers services such as parts and repairs, maintenance, modernisation, and support services. The company was founded in 1989 and is headquartered in Saint-Ouen, France.
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.