The stock trades at 21 times its adjusted funds from operations (net plus depreciation minus maintenance-level capital outlays).

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During the trip to Baker Street, the royal party met ticket, maintenance and train staff, including people involved in the restoration of rolling stock.

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Potential users include maintenance engineers in remote locations, construction workers, architects and warehouse staff pulling stock off the shelves following complex computerised schedules.

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So it is not surprising that the stock of Fluor Corp. ( FLR, 47) , which provides engineering, procurement, construction, maintenance and project-management services for refineries and power plants, is down 48% in the last 12 months.

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