Rational Investing

Investment Grade (Figures in Millions)

Rank By : Debt Value

TIcker	Company	Market Cap ($ bn)	Market To Model	$Default Risk*% of EV	Ev To Revenue	Price To FCF	Total Debt ($ mm)	%Short Term	EBITDAM / Interest	% Growth	As Of
KR	Kroger Co	23.51	1.1	43	0.3	36.2	16381	NA	2.24	-1	Oct 18
VLO	Valero Energy Corp	37.3	1.0	50	0.4	29.1	9000	NA	3.14	3	Dec 18
MT	Arcelor Mittal	23.55	0.9	45	0.5	6.0	12483	NA	3.73	-4	Dec 18
CVS	Cvs Corp	70.68	0.5	46	0.5	20.9	27002	5	6.19	1	Sep 18
BP	BP plc	138.75	1.2	80	0.7	26.1	74190	NA	2.22	5	Dec 18
WMT	Wal-mart Stores Inc	298.69	1.1	12	0.7	-745.7	46487	11	6.28	1	Oct 18
TGT	Target Corp	39.79	0.8	17	0.7	33.0	11628	NA	4.17	4	Oct 18
HPQ	Hewlett-packard Co	38.88	0.8	11	0.8	9.7	5987	NA	11.98	0	Oct 18
CVE	Cenovus Energy Inc.	10.68	0.9	57	0.9	15.2	7422	NA	7.53	44	Sep 18
TOT	Total Sa	147.48	1.4	80	1.1	32.0	64979	NA	2.03	-1	Dec 18
STO	Statoil ASA	75.62	0.6	27	1.2	39.4	32178	4	30.13	43	Mar 18
UNH	Unitedhealth Group Inc	268.14	1.0	74	1.3	28.5	34581	NA	9.37	5	Dec 18
TM	Toyota Motor Corp.	180.2	0.8	58	1.3	13.4	183918	25	22.61	2	Dec 18
IP	International Paper Co	19.66	1.0	37	1.4	10.6	12416	NA	4.36	2	Dec 18
XRX	Xerox Corp	7.75	0.8	31	1.4	5.2	6712	NA	6.42	5	Dec 18
CRH	CRH PLC	25.45	1.4	51	1.4	-19.1	8669	4	5.21	-6	Jun 18
WFT	Weatherford International	0.85	0.9	36	1.5	-1.9	7689	0	1.02	3	Sep 18
CVX	Chevron Corp.	226.17	0.7	12	1.6	9.2	34459	NA	27.32	3	Dec 18
UPS	United Parcel Service Inc	96.01	0.9	76	1.7	35.7	28278	NA	8.97	3	Dec 18
VOD	Vodafone Group PLC	48.61	0.9	69	1.9	7.9	50941	NA	2.96	-2	Sep 18
ECA	Encana Corp	6.72	0.6	48	1.9	5.3	4392	NA	4.62	49	Sep 18
DVN	Devon Energy Corp	14.94	0.9	12	2	26.1	10406	NA	1.78	-7	Sep 18
SU	Suncor Energy Inc	56.24	0.6	9	2.1	8.9	13138	13	11.32	34	Sep 18
T	AT&T Inc.	187.09	0.6	46	2.1	4.3	195723	NA	7.88	7	Dec 18
K	Kellogg Co	19.6	2.0	83	2.1	27.2	9544	2	3.9	2	Dec 18
LMT	Lockheed Martin Corp	87.81	1.3	45	2.1	13.9	26218	NA	12.84	0	Dec 18
UTX	United Technologies Corp	102.05	1.5	63	2.2	37.1	45537	10	2.42	3	Dec 18
CAT	Caterpillar Inc	79	1.3	55	2.2	14.1	44008	13	5.87	4	Dec 18
EPD	Enterprise Products Partn	60.59	1.6	61	2.3	22.4	26420	NA	3.35	5	Dec 18
IBM	International Business Ma	125.99	0.6	4	2.3	11.2	62814	16	14.2	1	Dec 18
DE	Deere And Co	51.08	1.0	54	2.4	29.6	48007	8	4.03	12	Oct 18
HD	Home Depot Inc	226.79	1.2	32	2.4	21.6	27028	4	10.67	4	Oct 18
COP	ConocoPhillips	85.41	0.6	21	2.6	10.1	16732	NA	15.94	8	Dec 18
CMCSA	Comcast Corp	178.03	1.3	79	2.6	16.3	111743	NA	3.4	18	Dec 18
BA	The Boeing Co	241.17	1.5	70	2.6	18.3	33754	NA	27.88	3	Dec 18
APA	Apache Corp	12.69	0.6	43	2.7	13.3	8484	NA	4.55	35	Sep 18
GIS	General Mills Inc	26.66	10.2	88	2.7	-5.7	16816	9	1.9	3	Nov 18
VZ	Verizon Communications	225.02	1.1	44	2.8	12.4	139207	0	4.74	5	Sep 18
TEVA	Teva Pharmaceutical Indus	18.34	0.9	45	2.8	6.2	32473	11	2.86	-19	Sep 18
APC	Anadarko Petroleum Corp	25.35	0.5	20	3	12.9	16417	NA	5.71	6	Dec 18
PEP	Pepsico Inc	165.24	1.1	10	3.1	21.3	39281	4	8.01	3	Sep 18
HON	Honeywell International I	113.86	1.2	4	3.2	19.8	16214	22	13.45	-1	Dec 18
DIS	The Walt Disney Co	173.78	0.8	34	3.2	16.8	20874	NA	24.52	3	Dec 18
MRO	Marathon Oil Corp	14.59	1.1	57	3.3	20.0	5856	NA	5.06	44	Sep 18
GSK	Glaxosmithkline Plc	100.8	0.7	19	3.4	16.8	37098	NA	7.87	3	Dec 18
HES	Hess Corporation	17.1	0.8	30	3.5	37.1	6672	NA	4.39	8	Dec 18
AZN	AstraZeneca plc	51.76	1.1	26	3.5	12.9	20390	NA	3.95	-9	Sep 18
RIG	Transocean Ltd.	4.13	1.2	40	3.8	-1.8	7749	NA	1.36	5	Sep 18
BMY	Bristol-myers Squibb Co	84.74	0.7	4	3.9	18.9	7307	22	28.5	4	Dec 18
PG	Procter & Gamble Co	251.12	1.4	29	4.2	46.2	31286	NA	22.84	1	Dec 18
DISCA	Discovery Holding Co.	17.84	0.8	2	4.4	-1.7	14785	NA	1.36	42	Sep 18
BUD	Anheuser-Busch InBev SA/N	131.3	1.7	82	4.7	14.5	119492	2	3.56	-5	Sep 18
PM	Philip Morris Internation	129.63	1.1	11	4.7	16.8	7867	9	31.5	-1	Dec 18
MDT	Medtronic Inc	124.56	0.9	33	4.8	18.4	27182	8	8.07	7	Oct 18
NVS	Novartis Ag	235.49	1.4	56	4.8	22.5	32148	NA	12.78	5	Dec 18
JNJ	Johnson & Johnson Inc	372.04	1.0	181	4.8	22.3	29486	NA	53.2	2	Dec 18
ABT	Abbott Laboratories	130.74	1.3	87	5.1	23.3	28714	NA	9.99	2	Dec 18
CSCO	Cisco Systems Inc	244.78	0.9	0	5.3	19.9	25569	NA	17.82	4	Jan 19
PFE	Pfizer Inc	252.17	0.8	133	5.4	18.2	41037	18	10.03	1	Dec 18
MRK	Merck & Co Inc	217.67	0.9	269	5.5	18.1	22074	NA	19.29	3	Dec 18
MO	Altria Group Inc	93.97	0.9	44	5.5	13.1	15335	NA	12.69	1	Dec 18
TRI	Thomson Reuters Corp.	37.86	1.5	48	5.6	34.3	8010	20	3.03	-28	Sep 18
LLY	Eli Lilly And Co	129.22	0.9	132	5.6	21.3	12362	NA	60.52	3	Dec 18
UNP	Union Pacific Corp	125.43	1.5	54	6.4	21.3	22391	NA	6.66	1	Dec 18
ORCL	Oracle Corp	192.4	1.0	3	6.4	17.5	60619	NA	6.5	-1	Nov 18
KO	Coca-cola Co	192.96	0.9	80	6.5	24.0	47685	28	10.78	5	Sep 18
AMGN	Amgen Inc	137.43	0.5	58	6.7	12.5	33929	NA	9.18	8	Dec 18
DEO	Diageo Plc	98.91	1.6	9	6.9	23.9	13693	NA	9.56	6	Dec 18
MSFT	Microsoft Corp	833.54	1.1	208	7.4	22.9	76416	NA	18.18	11	Dec 18
MCD	Mcdonalds Corp	145.78	1.2	24	7.8	23.0	29536	NA	8.32	-1	Sep 18

*Probability of default implicit in equity market capitalization of firm, measured in dollars