February 02, 2016 - 7:03pm EST by
2016 2017
Price: 43.69 EPS 5.00 3.00
Shares Out. (in M): 20 P/E 8.7x 14.6
Market Cap (in $M): 875 P/FCF 0 0
Net Debt (in $M): 480 EBIT 0 0
TEV (in $M): 1,355 TEV/EBIT 0 0
Borrow Cost: Available 0-15% cost

Sign up for free guest access to view investment idea with a 45 days delay.

  • Railroad
  • Cyclical
  • Small Cap




1) Timing / uncertainty on 4Q’s book to bill

2) Anything / everything discussed in this write up reverses course. Demand rebounds or is generated from a new source, orders rebound. Retrofit activity increases.


Disclaimer: The views and opinions stated are the personal views of the author and are not the opinions of the author’s employer. Do not rely on the information set forth in this write-up as the basis upon which you make an investment decision - please do your own work. The author and his family, friends, employer and/or funds in which he is invested may hold positions in and/or trade, from time to time, any of the securities mentioned in this write-up. This write-up does not purport to be complete on the topics addressed, and the author takes no responsibility to update this write-up in the future.

I do not hold a position with the issuer such as employment, directorship, or consultancy.
I and/or others I advise hold a material investment in the issuer's securities.


Disappointing backlog and lower future earnings. 


    show   sort by    
      Back to top